Bookkeeper360 Review: Features, Pricing & Alternatives 2024
Plus, with a similar setup process to Bookkeeper360, you have the opportunity to talk directly to the Bookkeeping.com team to learn more about its offerings and find out if its service will work well for you. Moreover, with each of these service types, you’ll receive U.S.-based support and a platform with which to communicate with the Bookkeeper360 team, making its service not only expansive but accessible. When it comes to its payroll services, on the other hand, Bookkeeper360 bases pricing on the number of employees you have. If you have one employee, it will cost $45 per month; if you have 20 employees, it will cost $159 per month.
- If you decide to get this service, it should take less than two weeks to set up.
- Users commented on Bookkeeper360’s quality of service and responsiveness, how easily the software integrates with QuickBooks Online and Xero, and the ability to collaborate with a team of professionals.
- The easiest way to answer that question is to start out with your preferred investment approach.
- This process ensures that articles are well-researched and organized, offering in-depth insights and recommendations.
- Plus, with a similar setup process to Bookkeeper360, you have the opportunity to talk directly to the Bookkeeping.com team to learn more about its offerings and find out if its service will work well for you.
If you’re planning to expand your business but need additional capital, the CFO will help you forecast the business’s financials, craft business plans, and determine the optimal capital structure. Bookkeeper360 offers HR support for small businesses through a tool called HRS360. With this app, you’ll have access to a forms library, salary benchmarking tools and HR professionals. Bookkeeper.com’s prices range from $399 to $799 monthly, and they are based on the frequency of service and the number of monthly transactions. Your bookkeeper will provide a balance sheet, statement of P&L, and statement of cash flows, plus customized reports, which are available with any plan. There are also financial calculators available within the software, allowing you to play with different scenarios, along with graphs, charts, and tables.
Features: Bookkeeper360 Wins
Upon enrollment, you’ll be assigned a dedicated bookkeeper who will work with you to figure out the best strategy for your business. That includes determining the frequency of the service and deciding whether you require services in addition to bookkeeping, such as payroll and HR or tax filing. Then, you’ll connect Bookkeeper360 to your accounting system—either QuickBooks or Xero—and work online collaboratively with your bookkeeper to manage your finances. Unlike Bookkeeper360, however, Bookkeeper.com only works with businesses that use QuickBooks.
What is included in QuickBooks Live Bookkeeping?
Plus, with Bookkeeper360’s custom plans, you can pick and choose which services you want and receive a solution that will truly accommodate your specific business. The two additional Bookkeeper360 plans, “Monthly” and “Weekly” will offer more hands-on support. They’ll also assist you with connecting Bookkeeper360 to your accounting system—either QuickBooks or Xero.
Based on its available features, flexible pricing, and excellent user reviews, we selected Bookkeeper360 as the overall winner. Bookkeeper360 leads this category because it provides more methods of communication, including phone and live chat support. If you need to reach your bookkeeper, they’re available at any time via phone, email, and live chat. You can schedule monthly phone meetings to review financial reports, and your bookkeeper will also grant you access to their screen so that you’re able to view your books.
Finally, the Inventory plan is designed on a project basis and can accommodate inventory management, workflow planning, inventory projections and reorder points. If you’re unsure whether assisted bookkeeping is right for you, read our guide to the best small business accounting software for great do-it-yourself (DIY) accounting software options. https://accounting-services.net/ After you sign up with Bookkeeper.com, you’ll maintain access to your QuickBooks account so that you can monitor the activities performed on your behalf. During the onboarding process, your bookkeeper will ensure that your bank accounts are connected to QuickBooks so that they can download your statements and classify them in QuickBooks.
Which Online Bookkeeping Service Is Best for You?
Any services beyond bookkeeping—such as payroll, HR, taxes, or keeping your books up-to-date—are available at an additional cost. You can also opt to use just the Bookkeeper360 App without subscribing to the bookkeeping service for $19 per month. You may keep in touch with a dedicated Bookkeeper360 accountant via phone, email, or chat. Meetings to analyze financial statements are scheduled monthly over the phone. The bookkeeper will also give access to his monitor so you may study your accounting books anytime. Customers report satisfaction with services rendered, and overall excellent customer service.
The monthly cost for each service level is determined by the level of monthly expenses and whether your company wants cash or accrual accounting. It could be the perfect fit for every small business struggling with its books. With it, each customer gets a dedicated account manager and a custom-created service strategy.
Bookkeeper360 has an A+ rating from the Better Business Bureau and no listed customer complaints. The Advisory plan starts at $700 per month and the Coaching plan starts at $1,500 per month. We also employ a comprehensive editorial process that involves expert writers. This process ensures that articles are well-researched and organized, offering in-depth insights and recommendations. Fit Small Business maintains stringent parameters for determining the “best” answers; including accuracy, clarity, authority, objectivity, and accessibility. These criteria ensure that the content is trustworthy, easy to understand, and unbiased.
Bookkeeper.com’s competitors include QuickBooks Live, Bench, and Bookkeeper360. These top-recommended online bookkeeping services provide a similar selection of services, but Bookkeeper.com scored a perfect 5 in our evaluation of tax and consulting services. Bookkeeper360 allows you to select from a menu of services to create your own customized plan. These services are hands-on bookkeeping, payroll, and human resources (HR) solutions, tax support and filing, payments and lending, and CFO advisory services.
You’ll then use Bookkeeper360’s cloud-based system to collaborate with your dedicated bookkeeper and manage your finances. The team can also set up the integration of ERP and your point-of-sale systems. 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. For technology integration and assistance, the Bookkeeper360 website states that once available, the 360app will be included in all service packages. Other custom integrations are priced per project, and you have to work with the Bookkeeper360 team directly to determine this cost.
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If you need to be able to accept credit card payments at your business, Bookkeeper360 also provides merchant services. These Bookkeeper360 services can integrate with Xero and QuickBooks, are free to set up and include next-day funding. Bookkeeper.com even offers free financial advice and software training as part of its package, which can be helpful when you’re just getting started. There are teams of accountants and enrolled agents (EAs) available to help you navigate your way through any business-related concerns. One stellar feature that Bookkeeper.com offers is free financial advice and software training with all of its service plans.
Bookkeeper360 is working on its own application, 360app, that will allow you to manage all of your Bookkeeper360 services, from accounting to financial planning, in one place. This app has not yet launched, but according to the Bookkeeper360 website, will be included in all packages. Upon enrollment, you’ll be assigned a dedicated bookkeeper and account manager who will assist with onboarding activities and serve as your point of contact for any issues that may arise.
On the whole, Bookkeeper360 is a good solution for startup and growing companies. 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. It also shows cash insights by computing your net cash after deducting credit card liabilities.