What are Monthly Bookkeeping Packages Bench Accounting

When you get an accountant or bookkeeper, they’ll ensure you always know where you stand. You’ll be able to see income and expenses as they happen, which will give you a good picture of short-term cash flow and long-term profitability. 2- Transfer your TransactionsWe will assist you on transferring your current books to us, or link your accounts to a new fresh account.

Connect one-on-one with booking experts so you can manage your books with ease. You’ll receive unlimited support from real humans, allowing you to take the guesswork out of running your business. We can fully wipe your data, too—at the end of the day, it’s your info and your call. For S-Corps, C-Corps, and Partnerships, you can add-on personal filing for 1 partner or shareholder for just $59/mo when billed annually or $69/mo when billed monthly.

Tax-ready Financial Statements

Or let a tax expert powered by TurboTax do your taxes for you, start to finish. See how connecting with experts one-on-one gives this busy voice-over artist the confidence her books are done right and frees up time for the things she loves to do. Connect with experts year-round for advice and guidance, with bookkeeping pricing packages best-in-class tools to support you as your business grows. Feel confident about your business and your books with QuickBooks experts by your side to help you succeed. See how your business is doing in past months and in real-time, so you can master your spending and make smarter decisions with your money.

• Once your bookkeeper receives all the necessary documentation, they’ll typically complete your cleanup within 30 days.
• When you have to do the books yourself, you often don’t get onto it straight away.
• Our bookkeeping services are virtual so we communicate with clients via email, phone, Slack, or even video conference.
• You will be appropriately equipped with the help of our credible bookkeepers.
• Bookkeeping involves recording and organizing financial transactions, while accounting involves interpreting and analyzing financial information to make business decisions.
• The bookkeeping services we provide for small businesses and individuals produce tax-ready financial statements.
• Whether you need help with tax preparation, financial reporting, or general bookkeeping, we have a package that can meet your needs.

A business owner should not be running a business based on their bank statements… There is so much information that is made readily available through monthly financial reports; income trends, tracking of expenses, principal owed on loans, interests paid, etc. This actionable information allows business owners to make the best business decisions on short notice.

Additional Considerations in Choosing a Bookkeeping Service

Some bookkeeping services charge a monthly fee while others charge by the hour. You can find services for as little as $20 per month while others run thousands per month. It’s normal for startup founders to want to understand how their startup’s bookkeeping services are priced. And it’s a really good question because there are several variables that make startup accounting more or less expensive.

With our help, small businesses can achieve financial stability and growth. Yes, we offer a discount for businesses who opt for an annual payment plan for their bookkeeping package. This can help you save money while ensuring that your bookkeeping needs are consistently met.

Home Office Deductions for Small Business

When you have to do the books yourself, you often don’t get onto it straight away. Other things come up that delay progress, and because you’re not a robot, you make mistakes. That means you don’t always have reliable, up-to-date information about your business. Cash flow targets are important for business owners but must be realistic. There is also no harm in modifying the objectives to fit the present market conditions.

You’ll have more control over your cash flow, avoid late filing and payment penalties, and spend more time working on the things that make you money. Yes, we can help you with accounts payable and accounts receivable by managing vendor payments and invoicing customers. The time required to complete bookkeeping tasks depends on the scope of work and the complexity of your business’s financial transactions.