However, its pricing isn’t as affordable as many of its competitors and it isn’t transparent—even though starting prices for each service are listed online, it is largely quote-based. With the Weekly plan, you’ll receive a dedicated accountant who bookkeeping 360 will perform your bookkeeping on a weekly basis. This plan will also include cash and accrual basis accounting and reporting, as well as invoice and expense management, technology consulting, monthly financial reviews and weekly catchup calls.
Both Bench and Bookkeeper360 offer basic bookkeeping services by categorizing your transactions and reconciling your bank accounts every month, providing you with financial statements for review. You’ll also have your own dedicated bookkeeper with both services, but Bookkeeper360 has much more to offer in terms of add-on services, which is why we awarded it the winner of this category. Neither QuickBooks Live nor Bookkeeper360 have a mobile app that deals specifically with your online bookkeeping tasks. However, both services integrate with QuickBooks Online, so you’ll have access to your QuickBooks Online app for basic accounting functions.
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The only complaint we found was that it is more expensive than its competitors. Aside from tax, the Bookkeeper360 team will work with you to analyze your financials and determine a strategy to manage and grow your business through the CFO advisory program. With a CFO, you can optimize your business, minimize costs, and maximize profits through effective planning, organizing, and monitoring. From bookkeeping to payroll, to tax and CFO advisory, we provide a complete set of financial solutions for your business. Your Bookkeeper360 bookkeeper is available to meet via email, live chat, and phone. Meetings are scheduled on a monthly basis to review financial reports, and your bookkeeper will grant you access to their screen so that you can view your books.
Once you enroll in QuickBooks Live, you’ll be assigned a dedicated bookkeeper who will meet with you to learn more about your business. You’ll also be given access to the QuickBooks Live Hub, a secure portal that lets you check on your bookkeeper’s progress and schedule meetings. You’ll be able to view a step-by-step task list, which gives real-time updates on action items. Both QuickBooks Live and Bookkeeper360 received mostly positive reviews, but Bookkeeper360’s average score is one of the highest we’ve seen for a bookkeeping service at a 4.8 out of 5. Overall, QuickBooks Live’s more limited menu of services available gave Bookkeeper360 the edge in this category.
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Two complaints are that there aren’t any bill pay or invoicing and income tax filing or advisory services available. Also, reviewers commented that they wished that QuickBooks Live offered a free trial so that they could try the service before committing. Online bookkeeping companies will often specialize in services for a particular type of company. Some companies on our list specialize in startups, with strategic cash-burn analysis, Series A-C funding guidance, and tax strategies to boot. Other companies offer attractive budget bookkeeping support, but little in the way of CFO guidance, while yet others cater to businesses that utilize a wide-variety of payment and payroll software integrations.
- Bench uses its own proprietary software for your bookkeeping, so you don’t need to purchase any other accounting software.
- If needed, you can add historical (or catch-up) bookkeeping for an additional fee.
- The prices for both QuickBooks Live and Bookkeeper360 depend on the number of monthly expenses, but Bookkeeper360 also charges differently for cash and accrual accounting methods.
- Moreover, just like Bookkeeper360, Bookkeeper.com offers additional services for payroll, tax planning and management, as well as general financial planning.
- When it comes to its payroll services, on the other hand, Bookkeeper360 bases pricing on the number of employees you have.
- I think the biggest thing for me with Bookkeeper360 is just the time savings.