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. We were unable to find any user reviews for Bookkeeper.com online, so we eliminated it from consideration in this area and it wasn’t factored into scoring. Therefore, we chose Bookkeeper360, which received an average score of 4.8, as the winner in this category. Check out our roundup of the best small business accounting software for our leading recommendations.

The features you receive with Bookkeeper360 will largely depend on what your business needs and what kind of strategy you develop in your consultation. Ultimately you can choose services that range from advisory support to full, hands-on bookkeeping management. With the first plan, called the “Support” plan, you continue to manage your own bookkeeping with some assistance from the Bookkeeper360 advisors. In essence, Bookkeeper360 will help you set up your accounting system, provide training and checkups and offer two hours per month of support, but you will manage your day-to-day bookkeeping tasks yourself.

How much does Bookkeeper.com cost?

Two complaints are that there aren’t any bill pay or invoicing and income tax filing or advisory services available. Also, reviewers commented that they wished that QuickBooks Live offered a free trial so that they could try the service before committing. Bookkeeper360's app - which costs $19 per month on its own - offers an all-in-one management portal for your business. Bookkeeper360's app is extensive, and allows users to track business performance, cash management, and payroll analytics.

As such, identify your specific needs while reviewing our list, and you'll be sure to find the ideal fit from our top-rated services. A virtual bookkeeper handles your bookkeeping remotely, and all communication and storage of financial documents are handled within the bookkeeping software. They will categorize your transactions and prepare financial statements for your review. Depending on the service you select, they may also pay bills, invoice clients, process payroll, and prepare your income taxes. With its powerful mobile app, it is also useful for businesses working remotely. Additionally, you’ll have access to bookkeepers, tax and financial advisors, payroll specialists, and a dedicated accountant who is an expert in your state and industry.

Do I need to have accounting software installed before using Bookkeeper360?

The best online bookkeeping services depend on the exact needs of your business. If you have fallen behind on your books and want to get caught up, Bench might be the best option for you. If you’re using QuickBooks Online, QuickBooks Live can match you with a ProAdvisor to help you manage your books. If you need other services aside from bookkeeping, bookkeeping 360 such as financial planning, tax advice, and payroll, you should consider Bookkeeper.com. For tax and consulting, Wave Advisors also received a low score because it only offers tax advice but not income or sales tax return filing. While you can sign up for one-time accounting, payroll, or tax coaching, CFO advice is unavailable.

• Bookkeeper.com also doesn’t have any user reviews that we could find online, which eliminated it from consideration in this area.
• Bookkeeper360 has upfront pricing on bookkeeping packages for companies with less than $100,000.
• The cash runway, also called cash burn rate, shows the estimated number of months until cash runs out.
• This means that businesses can monitor their financial performance as it happens - and quickly identify any issues or opportunities for growth.
• Because of QuickBooks Live’s low-cost pricing structure that is based on your company’s monthly expenses, it received a perfect score for pricing.
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In short, their integrated app comes with powerful visualization tools, allowing you to more easily discern trends, and manage your business accordingly. It did, however, suffer in the personal bookkeeper category, because while it offers a dedicated bookkeeper, it doesn’t provide video meetings, a phone number to call, or a mobile app. Bookkeeper360 offers all three, so it’s a good solution if that is what you’re looking for. Bench is a worthy alternative to Bookkeeper360 if you’re looking for a tech-savvy provider that focuses largely on bookkeeping. Bench is also a great option if you don’t already use accounting software — as it has its own software platform. Unlike Bookkeeper360 and Bookkeeper.com, Bench offers the same service regardless of your plan, the price only changes based on the amount of your monthly expenses.

How We Evaluated the Best Virtual Bookkeeping Services

In conclusion, Bookkeeper360 is an excellent choice for small businesses looking for a reliable and efficient bookkeeping solution. With their personalized services and dedicated team, you can say goodbye to messy books and inaccurate tax filings. Head over to bookkeeper360.com to learn more and get started with Bookkeeper360 today. With such a diversity of offerings, it can be difficult to parse the good from the bad.

Visit Bookkeeper360’s Back-Office Technology page for more information about these services. 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 have more than 30 employees, you have to contact them directly to determine the cost of its payroll services.