The Bookkeeper360 pricing scheme isn’t as affordable as many of its competitors and isn’t transparent—even though starting prices for each service are listed online, it is largely quote-based. Unlike Bookkeeper360, however, Bookkeeper.com only works with businesses that use QuickBooks. With Bookkeeper.com, you can choose from two pricing plans, based on the number of transactions you make per month.

Then, your bookkeeper will reconcile your accounts, categorize transactions, produce financial statements — overall handling your essential bookkeeping tasks on a monthly basis. You can also call your bookkeeper or message them in Bench for support whenever you’d like. Although it can be beneficial to have a service and cost that’s designed specifically for your business, it can be preferable for business service providers to have clear and established pricing.

• The second plan, “Small Business Plus,” accommodates 126 to 150 transactions and class and location tracking, in addition to the features of the Small Business Plan.
• All reconciled transactions are then effortlessly displayed on our intuitive dashboards and reports, enhancing data interpretation.
• When you first sign into the Bookkeeper360 App, if you do not have any current integrations it will redirect you to our integrations page.
• Because each plan depends on many factors, we looked at the value provided in terms of the time and potential money that you’re saving by using the service.

Bookkeeper360 took a small hit in our rubric due to the inability of filing sales tax returns, and I recommend looking into Xendoo if that is necessary for your business (read our review of Xendoo). However, Bookkeeper360 offers tax services that include individual or business income tax filings, local tax filings, 1099 reporting, and overall tax planning and compliance. Included in the tax services is tax advisory, where you can consult your dedicated tax advisor for tax-related matters. Aside from bookkeeping services, Bookkeeper360 offers a web-based app that summarizes your data from QuickBooks or Xero and transforms it into visually appealing charts and graphs.

In the example above, the cash burn rate is 13 months, assuming the average monthly cash outflow remains the same. You can also reach out to your dedicated adviser through the “Tasks” section, which eliminates the need to email your bookkeeper if you bookkeeper360 have questions. You can create a task for your bookkeeper, set a due date, and wait for them to get back to you.

Or, to shift their perspective on their financial management, making the most out of your budget can be a challenge. The Bookkeeper360 App simplifies data extraction, presenting it across Business Overview, Metrics, Trends, Payroll Analytics and Cash Management pages. Clients gain 24/7 access, offering an instant snapshot of business performance.

What our Clients are Saying

This feature is available because the communication happens within the Bookkeeper360 interface. Sign up to receive more well-researched accounting articles and topics in your inbox, personalized for you. We’re committed to empowering clients with the tools to navigate the financial landscape, and the Bookkeeper360 App exemplifies this commitment.

Our US-based team utilizes technology to manage your accounting with a personalized touch. Once you have signed the proposal to get started with us, the Bookkeeper360 App team will begin setting up your App account/portal within 2 business days. You will receive an email invitation to get started on the Bookkeeper360 App. It’s one of the most essential financial tools that can keep you on track to reach your business goals.

• You can invite as many users as you need and will not incur any additional fees for the users.
• And so, I don’t have to spend the time that we were spending in-house to deal with all of these bookkeeping issues.
• As a Xero Platinum partner, Bookkeeper360 provides seamless integration with Xero’s cloud-based accounting software.
• Trends show you business revenues, direct costs, and operating expenses along its composition.
• For technology integration and assistance, the Bookkeeper360 website states that once available, the 360app will be included in all service packages.

You can keep track of your business performance directly from the app after integrating it with your QuickBooks Online or Xero account. We evaluated Bookkeeper360 based on bookkeeping services, personal bookkeeper, user reviews, tax and consulting services, and pricing. If you’re using Xero or QuickBooks, both the desktop and mobile apps will connect to your account and provide information like scorecards and metrics. Using the app, you can keep track of business performance by looking at dashboards and auto-generated reports.

Welcome to tax season. What to know before you file CNN Business

Many states and local jurisdictions are beginning to tax software-as-a-service. In other words, spreading out revenue properly across the period of a contract, which is often different from when payment is received. We’ll take over your tedious rev rec spreadsheets (or create them) so you can focus on bringing in dollars, not accounting for them. Upon integrating your QBO file, our app syncs your Chart of Accounts and classifications from QBO. All reconciled transactions are then effortlessly displayed on our intuitive dashboards and reports, enhancing data interpretation. It’s important to note that any modifications made within the Bookkeeper360 App won’t affect your QBO file—it’s a secure, view-only access.

Services Offered

As a business owner, you can use this chart to analyze revenue not just as a whole but in different components. This Bookkeeper360 review discusses features and pricing to help you determine if this is the right service for you. Every Bookkeeper360 client gets a personalized Bookkeeper360 App demo, with their dedicated Product Success Manager guiding setup and introducing the App’s features. For detailed insights into our financial reporting pages and their functionalities, access our informative articles here. Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you. The cash runway, also called cash burn rate, shows the estimated number of months until cash runs out.

Software Engineer at Bookkeeper360

Our US-based team leverages technology to take care of your accounting with a personalized touch at an affordable price. Moreover, it integrates with two of our best small business accounting software, QuickBooks Online and Xero. On the whole, Bookkeeper360 is a good solution for startup and growing companies. We consider the opinions of users and the service’s ratings on various review sites.

If you want a more detailed view of business performance, you can switch to the Metrics view to year-over-year data for revenue and common size amounts for gross profit, net income, and payroll. You can also check your working capital and debt-to-equity ratio to measure your business’s short-term and overall liquidity. The payroll team will process payroll for both employees and contractors and provide full-service support with health benefits, direct deposit setup, W-2s, and 1099s. Bookkeeper360 also integrates with other payroll providers like Gusto and ADP.

Bookkeeper360 is an accounting solution designed to help businesses view financial data, streamline bookkeeping operations, and track goals on a unified platform. It allows business owners to create business and financial plans, conduct cost and margin analysis, generate income statements, and calculate sales taxes. Bookkeeper360, founded in 2012, is a financial technology firm that offers accounting and cloud-based bookkeeping and business advisory services. As a Xero Platinum partner, Bookkeeper360 provides seamless integration with Xero’s cloud-based accounting software. Bench offers its services in five plans, designed to accommodate businesses of different sizes based on their monthly expenses. Regardless of your plan, Bench connects you with a dedicated bookkeeper with whom you work to set up all of your information and accounts on the Bench platform.

It can update your books even if they’re way behind, but you have to tell your dedicated bookkeeper during the first meeting so that they know where to start. Because each plan depends on many factors, we looked at the value provided in terms of the time and potential money that you’re saving by using the service. This revenue source is not present in all months while merchandise licensing is consistent in almost all months.

We evaluated whether the online bookkeeping service offered tax and consulting, and the scope of those services. The Bookkeeper360 app can also provide cash management insights using illustrative charts. The charts will show your cash inflows and outflows for the past 12 months, past 24 months, last calendar year, last two calendar years, and last three calendar years.

Bookkeeper360 offers comprehensive bookkeeping services leveraging the power of QBO, alongside setup, training, and ongoing support. Under cash-basis accounting, revenues and expenses are recorded when cash is paid or received. Meanwhile, accrual accounting records revenue and expenses when earned or incurred. Learn more in our cash- vs accrual-basis accounting method comparison, which also covers when to use each.