We gave Bench 2 years to make it right hoping they would come through and all they did was cost us time and money. Bench bookkeeping services are great for small and midsized businesses that don’t have in-house accountants. If you want someone to take care of your all your bookkeeping needs, Bench is right for you.
- You can contact your Bench bookkeepers directly through your account as they’ll also have access.
- Bench takes care of all your bookkeeping needs at affordable rates, letting you concentrate on sales and growing your business.
- Although it’s a virtual service, Bench personalizes its clients’ experiences by assigning them a dedicated team of in-house professionals.
- It also gives you the ability to check accounts, vendors, spending categories, dates, credit, and more to ensure that your business is on track.
- I appreciate how attentive the team is to reach back out with an answer to any of our request in such a timely manner.
- The software used by 1-800Accountant integrates with many of the top accounting software packages.
Each month, your bookkeeping team — made up of three in-house Bench employees — will categorize all your transactions, reconcile your bank accounts and prepare financial statements. This process is completed within 15 business days once you’ve sent all the necessary documents. Here at DarkRoast Digital, we have been working with an online bookkeeping service called Bench Accounting (Bench.co) for over a year now. Traditionally, bookkeeping is one of those services that we always thought required personal relationships and facetime. Regardless, we decided to give Bench.co a shot and see what all of the hype was about.
Join thousands of small business owners who trust Bench with their books
As a “Third Party Designee,” pursuant to IRS Form SS-4, Easy Doc Filing, LLC prepares and submits applications for an Employer Identification Number (“EIN”) to the IRS on behalf of its clients. Easy Doc Filing, LLC does not verify EIN application submissions and is not responsible for the accuracy of the information provided. Bookkeeping refers to the process where you record all your financial transactions into an organized account like a general ledger, every day. This is helpful in maintaining accurate records of your business’s finances.
This person will be responsible for collecting all the information they need about your business. With little resistance, I agreed to start a free trial which led to another pleasant phone call to get the onboarding process started. Upon getting my first real look at the Bench bookkeeping https://goodmenproject.com/business-ethics-2/navigating-law-firm-bookkeeping-exploring-industry-specific-insights/ software, I was immediately impressed, both as a business owner and web designer. I had feared that integration between our system and theirs would be a nightmare, but it was surprisingly simple to connect all of our bank accounts and various financial systems to their software.
Bench Bookkeeping vs DIY Accounting Software
As always, active users are the best place to go for sound advice on a platform or service. Even with the platform receiving an overall positive rating, there are some cons that users consistently point out and they could get in the way of your business’ financials. Tax prep and filing handled for you – Bench Tax connects you to a licensed Taxfyle expert, trained by Bench. It’s tax filing, every deduction you deserve, and your smoothest tax season yet—done for you, in one place.
Each customer’s main point of contact is a dedicated in-house, professionally-trained bookkeeper, based in North America. Our in-house research team is there to provide you with informed answers to complex questions. Clients are matched with a local accountant or bookkeeper who can provide state- and industry-specific guidance in managing their books. Bench isn’t DIY accounting software, so there’s no need to spend time learning the program.
People & Culture
Every hour you spend on bookkeeping or accounting is one less hour spent marketing your business, building client relationships, and other business development activities. At some point, the cost to your business in terms of lost growth A Deep Dive into Law Firm Bookkeeping opportunities becomes immeasurable. That’s when you know it’s time to outsource your accounting function. The next step is to work with your account manager to integrate your existing software and processes with QuickBooks.