They also completely eliminated the piles and piles of hardcopy paperwork. Bench keeps information ordered and easy to understand in their monthly reports, sent to me via email. Bench reduced my accounting costs by 50%, while providing timely and excellent https://accounting-services.net/ services that far surpassed those of my previous brick and mortar accountants.” – Aaron S. On top of actually providing on time and accurate accounting services, having a dedicated person to talk with and help you understand everything is the best part.
A huge part of saving money for business owners is ensuring that you’re paying your taxes correctly. Failing to do this can lead to massive fines or unexpected bills from the IRS long after you spent the money that was supposed to be used on taxes. I’ve found that with Bench.co, and I want to share with you why I recommend them in this quick Bench.co review. Once you securely connect your financial accounts, we’ll introduce you to a dedicated bookkeeper. They’ll get to know your business, and show you how Bench works.
This feature saves you the time and effort of manually uploading documents. We don’t sync your financial data from any other bookkeeping software. I haven’t been audited since I transitioned to Bench and hired a real CPA to file my taxes. I switched over my bookkeeping to Bench in 2016 and haven’t looked back. It’s been trustworthy and has saved me a lot of time and money. This article is not intended to provide tax, legal, or investment advice, and BooksTime does not provide any services in these areas.
The Fit Small Business editorial policy is rooted in the company’s mission, which is to deliver the best answers to people’s questions. This serves as the foundation for all content, demonstrating a clear dedication to providing valuable and reliable information. There are various reasons that your login credentials may be rejected when trying to connect your accounts with Plaid.
- Try us for free—we’ll do one prior month of your bookkeeping and prepare a set of financial statements for you to keep.
- It’s normal that your accounts require re-authentication from time to time.
- They have been very helpful and I appreciate having them take on the work of managing the books.
- Each month, your bookkeeper organizes your business transactions and gets to work on your books.
These criteria were disregarded for providers where no reviews were found. The Message tab enables you to send and receive messages from your bench accounting login assigned bookkeeper. In a nutshell, if you use your personal accounts for business purposes, then yes, you should connect them to Bench.
You can choose to be billed annually (and pay less) or monthly. The price ranges from $139 per month (monthly expenses below $1k) to $299 per month (monthly expenses up to $1M). Also, it doesn’t have financial planning services like investment and business expansion.
Whatever stage your business is at, you’re covered with Bench. We cover the tax support, prep, and filing from start to finish. An all-star team means an all-time-great tax return. Bookkeeping and tax services from Bench ensure you’ll get every deduction you deserve. You can send a message to your Bench team from your computer or the app at any time, and your bookkeeper will reply within one business day.
We take care of bookkeeping and tax for small business owners. And we do it in a way that’s never been done before—by pairing intuitive software with real, human bookkeepers. It’s giving entrepreneurs more time to focus on what they care about.
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By clicking ‘Start a Free Trial’, I agree to Bench’s Terms & Privacy Policy. You won’t need any other software to work with Bench—we do everything within our easy-to-use platform. If you don’t love Bench or want an additional option to check out, I recommend checking out EcomBalance. It was founded in 2021 by my good friends Nathan Hirsch and Connor Gillivan. No, Bench uses their own proprietary bookkeeping platform. This has actually saved me a lot of money in the past due to charges that weren’t approved.
Bench Accounting Pricing
Finally, because it operates on proprietary software, it doesn’t sync with commonly used accounting solutions like QuickBooks Online and Xero. Connecting your bank accounts to Bench ensures your bookkeeping team has access to all the financial records they need to get your books ready on time and accurately. It’s step one of being able to get your books ready.
If there are any questions, you can contact your bookkeeper using a messaging feature or phone, and your bookkeeper will contact you if there is a need for clarification. You will get a dedicated bookkeeper who will maintain your book and stay in contact with you if any questions arise. Your bookkeeper will know your business in an out, which is a great benefit. Moreover, if your bookkeeper is sick or on vacation, it does not mean that your books will be on hold.
One-on-one expert support
By connecting your accounts with Plaid, Bench will be able to automate the inflow of your financial data and get your books ready faster. Not only does it make it much faster for your bookkeeper to get your books ready, it also helps you avoid the need to manually upload statements each month. Each month, your bookkeeping team organizes your business transactions and prepares financial statements. If they need anything from you, they’ll get in touch. With online bookkeeping and real human support, it’s the expert financial solution your business deserves.
Income tax filing deadlines
If you’re unhappy with your current bookkeeping solutions, I highly recommend giving them a test drive. Click here to start a free trial and see for yourself. Bench dashboard lays out how your business has been growing with the numbers of how much you spend versus how much you made. You will be able to see profit and expenses based on the services you provided and evaluate which business activity is bringing the most profit, etc. Your bookkeeper will give all the necessary data to a team of accountants or CPAs specializing in taxes. Bench Accounting services is a well-known and established company.
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Bench Accounting is an online bookkeeping service that pairs your business with dedicated in-house bookkeepers to keep your financials accurate and up to date. Each month your bookkeeper will categorize your transactions, reconcile your bank accounts and prepare financial statements on your behalf. In this way, Bench can replace traditional accounting software for many businesses.
QuickBooks Online is an additional monthly cost, starting at $30. Every plan comes with unlimited support from a dedicated bookkeeping team and intuitive software to track your financials. They are always available for live chats via phone or online.