Bookkeeping Pricing Packages & Plans Bench Accounting

According to Bench.co’s website, this quality control, if you will, is performed by a member of Bench’s in-house team. Plaid is trusted by over 12,000 financial institutions around the world, and beyond Bench, it powers over 8,000 of the world’s apps and online services. As of August 2019, Bench announced BenchTax in partnership with Taxfyle[14] in order to provide tax preparation and filing for clients. You won’t need any other software to work with Bench—we do everything within the platform. If you’re switching from QuickBooks, we’ll work from your closing balances to do your bookkeeping going forward. If you’re not sure whether your closing balances are accurate, we recommend chatting with one of our Onboarding Specialists about Catch Up bookkeeping.

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• Be sure to contact them with your query earlier on in the week, otherwise, you could be left waiting a couple of days extra for a reply.
• Bench Accounting integrates with Gusto to help you manage your payroll transactions.
• It includes both the monthly discount outlined above, as well as an additional 10% discount for selecting a yearly plan.
• This report shows the areas of your business where you spend the most money.
• Your bookkeeper will import your financial data every month to tot up your expenses and whatnot.
• Also, this individual should also provide you with a quick tour of Bench and its accounting software.
• Our Bench Tax Advisors are licensed tax professionals that facilitate the preparation of your income tax return, review it with you and then get it filed with the IRS and your state.

Bench’s core product is online bookkeeping software paired with in-house bookkeepers. We take care of bookkeeping and tax for small business owners. And we do it in a way that’s never been done before—by pairing intuitive software with real, human bookkeepers.

Easy-to-Use Accounting & Bookkeeping Features

• Your bookkeeper completes your books and prepares your financials each month.
• I started The Digital Merchant to test the tools, services, and products I use in my digital business.
• Once you securely connect your financial accounts to the Bench platform, we’ll pair you with a dedicated bookkeeper.
• During your demo, we’ll walk you through the services included in each Bench bundle to determine which is the best fit for your business.
• That’s why we offer year-round advisory services through on-demand and unlimited tax consultations.

We don’t sync your financial data from any other bookkeeping software. We sync seamlessly with your financial accounts and tools to keep your books up-to-date and save you the time and effort of manually uploading documents. bench accounting login Get bookkeeping, tax prep, advisory, and filing with Bench’s powerful, easy-to-use platform. No waiting for hours on hold—just helpful support from real people. Message your team any time, or book a call whenever you like.

• These documents clarify whether you’re doing the right things, or need to switch it up and try something new.
• We call it the Year End Financial Package, and it’s your golden ticket for a stress-free tax season.
• The process connects you with a TaxFyle expert, who has been trained by Bench.
• Bench.co is an online accounting service that pairs your business with a team of Bench bookkeeping professionals.
• Every plan comes with unlimited support from a dedicated bookkeeping team and intuitive software to track your financials.
• Our partners cannot pay us to guarantee favorable reviews of their products or services.

Catch Up bookkeeping

You’ll also have access to a tax professional to help you make tax preparation and filing easier. Compared with other bookkeeping services, Bench is relatively affordable, starting at $249 per month. Some competitors’ prices increase as your average monthly expenses rise, and others require https://www.bookstime.com/ a subscription to specific accounting software, which adds additional expenses. You will work with a Bench bookkeeping team to reconcile your business’s monthly expenses. Additionally, you can add on services that track your accounts receivable, accounts payable, and unearned revenue.

The pricing will depend on your plan and your business entity, but it’s possible to have Bench take care of your business tax filing. Bench is a bookkeeping and accounting service that connects small business owners with financial experts. You’ll connect your bank accounts to your Bench bookkeeping account and your dedicated bookkeepers will receive a read-only version of the information. The in-house Bench team then categorizes your transactions and gives you financial statements every month.

Bench Accounting Pricing

It helps you manage employees’ information, benefits, and deductions. Learn more about the solution by reading our review of Gusto. Your bookkeeper completes your books and prepares your financials each month.

Best Small Business Accounting Software in 2024

Plaid keeps your data safe and private with best-in-class encryption protocols like the Advanced Encryption Standard (AES 256) and Transport Layer Security (TLS).

Upgrading to Bench Tax

We’ll work with you to connect accounts and pull the data we need to reconcile your books. Every report accessible in the Bench platform can be exported to an Excel file for easy sharing with anyone from business partners to accountants. QuickBooks, Xero and other do-it-yourself bookkeeping software give you a tool to do your own bookkeeping and taxes.

• This process ensures that articles are well-researched and organized, offering in-depth insights and recommendations.
• This reviewer explains how they’re delighted with the customer service provided by Bench.
• She uses the skills she learned from her master’s degree in writing to provide guidance to small businesses trying to navigate the ins-and-outs of financing.
• Both Bench and Plaid are SOC-2 compliant with security practices that meet or exceed industry standards.