Americas largest professional bookkeeping service for small businesses Bench Accounting

We don’t offer any of those services, but we do partner with other companies (like Gusto and Freshbooks) that specialize in different areas of business admin. Now, there was one thread left on Reddit that caught my eye regarding Bench.co. It was from a reviewer who explained how they had initially purchased a Bench.co subscription to manage their income and expenses via reports from Bench.

Bench Accounting is a virtual accounting service provider that offers bookkeeping and tax support for businesses and individuals. Monthly prices are either $299 or $499 per month, depending on whether you need tax services. When you sign up, you’ll be matched with a dedicated bookkeeper who is backed by a team of in-house accountants. Your bookkeeper will categorize transactions, reconcile accounts, and prepare reports on your behalf.

Real-time insights at your fingertips

We can fully wipe your data, too—at the end of the day, it’s your info and your call. And since tax time stress isn’t limited to tax season, year-round tax advisory services comes standard. Our licensed tax professionals are on hand for all your tax planning needs.

You can trigger reminders to go out based on how long before an invoice is due and how often you want a reminder sent. In this article, we’ll provide a rundown of both Bench.co vs Quickbooks so you can make an educated decision. If you’re facing those not-so-friendly letters from the IRS and your paperwork is overflowing, bench.co pricing they won’t scare Bench. Their team won’t have the expected emotional response you might feel. A business will need to know its equity value, which can be calculated by subtracting its liabilities from the assets. Before digging into Bench.co for bookkeeping, it makes sense to review some basic bookkeeping concepts.

Should I Choose Bench or Quickbooks?

To do so, you are required to link your bank account, debit/credit, and any other payment gateway with Bench.co’s platform. You’ll be pleased to know you won’t have to contact your bookkeeper every time you want a status report of your financials. Bench’s software provides a feature that acts as a progress tracker so you can gauge where accounts are during the completion process. Bench claims to offer “expert” bookkeepers who’ll provide you with one-to-one support and essentially manage your business’s numbers for you. This one-to-one support (customer service) is available via messaging and calling through Bench’s web-based app as well as by calling by phone.