Bookkeeping Online: Virtual Services for Your Finances

In sum, QuickBooks Live is a simple and very budget friendly service, and that is reflected by its variable quality. Unlike other similarly priced services on our list, QuickBooks Live doesn’t actively try to scam you. In short, if budget is first and foremost for you, then we think QuickBooks Live should be one of your top picks, as long as you’re prepared for the potential headaches it may bring. Should your needs exceed what’s listed here, Bookkeeper offers custom pricing on request. Tout their team of engineers, and seamless integration with the tools you already use.

Proven expertise

• Bench is an online bookkeeping service platform that uses proprietary software to handle your business’ books.
• Chief among them is using good bookkeeping software to keep track of the business’s finances throughout the year.
• Block Advisors is a specialized arm of H&R Block aiming to lighten the load for freelancers and small business owners, with separate bookkeeping, payroll, and business formation services.
• While one of the priciest bookkeeping services on our list, Bookkeeper360 should not disappoint.
• Additionally, it doesn’t offer customizable service plans, which limits flexibility for businesses with specific needs.
• FreshBooks offers three tiers of standard software integrations, and the additional option for custom pricing.

These were disguised as consultations, when in reality they were sales calls. The workers were coached on pressuring customers with pre-scripted half-truths to close in on multi-thousand-dollar sales. In short, taking just a few steps away from major review sites bookkeeping for cleaning business reveals a vastly different picture than the one they advertise.

Bench: best for combined bookkeeping with tax services

You no longer have to manually upload everything so that they can do your bookkeeping. Their onboarding process is also relatively quick, especially for QuickBooks Online users. So if you’re already using that software for your accounting, you can easily synchronize your books without switching.

Monthly reports

This can be particularly beneficial for small businesses and startups with limited budgets. Tax guidance, catch-up bookkeeping, and CFO advisory services are all billed as extras at Xendoo. Adding tax guidance to your plan will cost an additional $1,200 per year. If you’re looking for CFO guidance with revenue forecasting, cash flow management, or budgeting and financial strategies, Xendoo’s services don’t come cheap at $1,500 per month. In addition to being one of the best online bookkeeping services around, FreshBooks offers 100% compliant tax preparation, taking the stress out of this important but time-consuming process. The best online bookkeeping service depends on your business’s needs, but Bookkeeper360, Merritt Bookkeeping, and QuickBooks Live stand out as the top choices.

To downgrade from Expert Full-Service Bookkeeping, you may need to wait until the end of your current subscription billing period. Connect with experts year-round for advice and guidance, with best-in-class tools to support you as your business grows. Whether you’re starting out or scaling up, our experts can help you optimize your business as it grows and changes. We consider the opinions of users and the service’s ratings on various review sites.

How much does a virtual bookkeeper cost?

Getting the most bang for your buck means that you should be happy with the services you’re getting in return for your monthly—or annual—dues. Don’t shy toward or away from any of the cheapest or most expensive options. Not every online bookkeeping service is the same, and ultimately, what makes sense for each small business will differ. Let’s take a look at the features you should consider when picking what makes the most sense for your venture.

Best for Complex Businesses

• Merritt provides you with a simple user interface for your QuickBooks software and performs your necessary bookkeeping within the QuickBooks application.
• If you’re looking to spend a bit more for additional services, you can opt for the Controller or Fractional CFO packages for more hands-on service.
• The workers were coached on pressuring customers with pre-scripted half-truths to close in on multi-thousand-dollar sales.
• They don’t mention their initial cleanup fee (which is variable based on the work needed to clean your books) so if your books need significant cleanup, be sure to inquire as to what that will cost before you commit.
• It also includes virtual bookkeeping, where services are performed remotely using secure platforms.

They even offer a 90-day money-back guarantee so that you can try out their services with zero risks. Bookkeeper360 is an all-in-one online company specializing in bookkeeping, accounting, payroll, and tax compliance services. They’re a low-cost yet effective way to keep your business’s financial data in order. With these services, you can rest easy knowing your records are handled. 1-800Accountant is bookkeeping online services our top choice for full-service accounting and bookkeeping services. Businesses that need basic bookkeeping and accounting services can benefit from access to Bookkeeper360’s customer portal with trend reports.

• While scheduling a call through the Bench platform is an option, I prefer having a direct line to a bookkeeper for faster and more convenient assistance.
• Merritt is built for QuickBooks users, providing monthly financial reports to help with tax filing and offering 1099 issuance and e-filing for an extra fee.
• If you’re using the same accounting software, they can often provide software training and guide you through features.
• Many digital tools also provide built-in guidance, making it easier to learn as you go and apply your knowledge in real-world scenarios.
• This article will explain what you can expect from an online bookkeeper.

A closer look at our picks for the top bookkeeping services

Additionally, like Bookkeeper.com, Bookkeeper360 is a great solution for businesses that want related services on top of general bookkeeping. Bookkeeper.com offers business owners a full range of bookkeeping services—including virtual bookkeeping and accounting, tax preparation and planning, financial planning and investment, as well as payroll. FreshBooks’ online bookkeeping services help protect your profits, save time, and grow your business. With a user-friendly platform, you can easily manage invoicing, track expenses, and keep your financial records organized.

What are the benefits of using an online bookkeeping service?

You can use those insights to be more strategic regarding your business’ finances. They’ll also make sure they understand the ins and outs fixed assets of your business’s financial needs to give you the best possible support. Your personal bookkeeper will also always be available to answer questions you have or address your concerns. You can schedule a 20-minute product demo to check out their services before subscribing. This can be helpful since their plans are billed annually instead of monthly.