Bench works exclusively with small businesses, from established operations to fresh, growing businesses. When you choose Bench, your business is assigned a dedicated team of bookkeepers who complete your monthly bookkeeping and provide interactive financial reports that are easy to pull insights from. The user-friendly and intuitive platform can be accessed through web or desktop, and its interactive financial statements are simple to understand. Bench Accounting is an online bookkeeping service that pairs your business with dedicated in-house bookkeepers to keep your financials accurate and up to date.
Simplify your small business bookkeeping with Bench.
Granted, it was during standard business hours, so I am unsure of how it would work outside that timeframe. Only there was I able to find the live chat feature – which I tested and was pleased to see an actual human named Kris respond to my inquiry in under 2 minutes. Within a few minutes of signing up, an account onboarding specialist contacted me via phone and email to schedule my demo. Everything you need is clearly labeled on the right-hand side of the screen, and you can get to more detailed sections of your accounting information with the tabs across the top. As I went through and checked off items, I got a nice tutorial of the interface, showing me where to find important things, like the ability to download my income statements.
Save Yourself More Time, Dollars, and Tax Time Stress
We’re still on hand to support you, and can give recommendations based on your unique business needs. For S-Corps, C-Corps, and Partnerships, you can add-on personal filing for one partner or shareholder for just $59/mo when billed annually or $69/mo when billed monthly. These reports offer valuable insights into your business’s financial health and performance trends. The safety of your private data is our top priority, that’s why it’s protected by 256-bit SSL encryption — the gold standard in Internet security. FreshBooks is cloud based and uses industry – Airbnb Accounting and Bookkeeping leading secure servers.
- Promotional offers for both monthly and yearly plans are for a limited period.
- Bench was critical in helping me with catch up books for tax time.
- Simply enter your banking credentials when prompted by doola Bookkeeping and let it pull in all recent transactions automatically.
- Each month, we may check in with you to ensure your books are accurate and your deductions are maximized.
- Bench and the Bench alternatives listed above all charge flat monthly rates based on your monthly expenses, using various tiered subscription plans.
- Once I took the call, the onboarding specialist was incredibly helpful, taking the time to learn about my business and what I expected to get from the service.
- There’s no extra fee or hourly charges for support—we’re always happy to nerd out about bookkeeping and your financial statements.
Know Your Business Better
The functionality of the platform could be especially useful for businesses that have a lot of transactions, like e-commerce or restaurant businesses. An online bookkeeping service also provides easy access to customer support through its in-app messaging option or a quick phone call. Bench was critical in helping me with catch up books for tax time. Being able to upload reports easily from my bank and various credit card processors made things so much easier, and the bookkeepers learned quickly how to categorize the transactions.
It pulled in all my accounts, and I could mark which accounts I used for business and which I did not. It allowed me to suggest a new category where I saw relevant and save the note for bookkeeper review. Pricing varies based on whether you bill month-to-month or commit to an annual contract. You must agree to a one-year contract if you need the more advanced plan. Overall, for the small business owner on a budget, Bench is a great solution to your bookkeeping woes.
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Bench could work well for freelancers or small businesses that have easy monthly bookkeeping. But if yours is more complicated, you might look into other accounting software options besides Bench accounting. One of the most time-consuming tasks for small business owners is gathering financial data and organizing it for tax filings.
- It’s best for freelancers or small businesses with relatively straightforward financials.
- Now that you have successfully migrated your financial data over to doola, it’s time to set up bank feeds.
- You’ll connect your bank accounts to your Bench bookkeeping account and your dedicated bookkeepers will receive a read-only version of the information.
- I don’t know about you, but for me, there’s nothing more frustrating than a company touting they offer the best customer service in the industry, only to find that’s not actually the case.
- By providing advanced software with automated bookkeeping features and dedicated accounting services, it has become the best alternative to Bench.
What you’ll get when you upgrade your plan to include Bench Tax
You can connect your bank accounts, credit card accounts, and a few merchant accounts in a few clicks. If bench accounting you’re not ready to link bank accounts and share information, you can walk through the software using demo data, which is something I really appreciated as a user. You can also book a call with your bookkeeper (or send them a message) whenever you’d like. There’s no extra fee or hourly charges for support—we’re always happy to nerd out about bookkeeping and your financial statements. We’ll do a month of your bookkeeping in one business day, and deliver a set of financial statements for you to keep.
Step 2: Sign-up With doola
Get so much more time to land clients, stay connected to projects, and grow your business. The total price for a yearly plan is billed at time of purchase. It includes both the monthly discount outlined above, as well as an additional 10% discount for selecting balance sheet a yearly plan.
For a more detailed comparison of Pilot and Bench features, pricing, and reviews, check out this Pilot vs Bench comparison. Was your Canadian business impacted by the recent announcement from Bench Accounting about the service shutdown? Accounting software helps you record the flow of your money and keep tabs on your business’s financial health. Xero is known for its 1,000+ integrations and unlimited users and companies on all plans but has issues with usability, including unclear navigation and dashboard font that’s difficult to read.