Bookkeeper360 allows the accrual basis of accounting with its bookkeeping service. If you’re using the cash basis, Bookkeeping360 will handle the accruals and deferrals for you. The dedicated bookkeeper will meet you monthly to fix your books and generate monthly reports. Excluded in the bookkeeping service would be customer invoicing, inventory management, and vendor billing because these fall under a separate product called Back-office services. With the Weekly plan, you’ll receive a dedicated accountant who will perform your bookkeeping on a weekly basis. This plan will also include cash and accrual basis accounting and reporting, as well as invoice and expense management, technology consulting, monthly financial reviews and weekly catchup calls.

All content is posted anonymously by employees working at Bookkeeper360. Overall, 85% of employees would recommend working at Bookkeeper360 to a friend. This is based on 31 anonymously submitted reviews on Glassdoor. Our bookkeepers work directly with our tax pros, CPAs, and CFOs. That means you’ll spend less time acting as a go-between and have more time to focus on growing your business.

Pricing

This separate service includes capital management and business coaching. With a CFO, you can optimize your business, minimize costs, and maximize profits through effective planning, organizing, and monitoring. Aside from bookkeeping services, Bookkeeper360 offers a web-based app that summarizes your data from QuickBooks or Xero and transforms it into visually-appealing charts and graphs. At $19 per month, you can keep track of your business performance directly from the app after integrating it with your QuickBooks Online or Xero account. If you get any plan from Bookkeeper360, the app is included in the package. 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.

It gives me great peace of mind to know that they are handling things properly and promptly. It’s easy and free to get started with the Bookkeeper360 app – start syncing your data immediately by siging up for a 14-day free trial. To become certified, advisors complete learning modules on Xero’s key features and pass a practical exam. Sign up to receive more well-researched small business articles and topics in your inbox, personalized for you. You can also reach out to your dedicated adviser through the Tasks section, which eliminates the need to email your bookkeeper if you have questions. Instead, you can create a task for your bookkeeper, set a due date, and wait for them to get back to you. This feature is comfortable because the communication happens within the Bookkeeper360 interface.

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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. The Coaching plan is more in-depth, not only providing assistance with overall systems and operations but also strategic planning and executive coaching. Finally, the Inventory plan is designed on a project basis and can accommodate inventory management, workflow planning, inventory projections and reorder points. 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.

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Although it can be beneficial to have a service and cost that’s designed specifically for your business, it can be preferable for business service providers to have clear and established pricing. If you can look at a provider’s website and know exactly what to expect in terms of both pricing and service, it’s much easier to compare providers against one another.

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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. Bookkeeper360 offers bookkeeping packages, with add-on pricing for services such as tax and the use of the mobile app. In order to compare the two, we will take the standard Xendoo package, which offers bookkeeping and tax, for comparison below. Bookkeeper360 works with businesses across a range of industries.

Bookkeeper360 offers tax services that include individual or business preparation and filings, sales and local 1099s reporting, as well as overall tax planning and compliance. The specific bookkeeping features you receive with Bookkeeper360’s service will depend on the plan you develop. You have the option to create a custom solution; however, you can also choose one of the three pre-designed packages Bookkeeper360 offers.

Up to $20,000 in Monthly Expenses

He completed a Bachelor of Science degree in Accountancy at Silliman University in Dumaguete City, Philippines. Before joining FSB, Eric has worked as a freelance content writer with various digital marketing agencies in Australia, the United States, and the Philippines. Eric is a staff writer at Fit Small Business and CPA focusing on accounting content. He spends most of his time researching and studying to give the best answer to everyone. To get a job at Bookkeeper360, browse currently open positions and apply for a job near you. Once you get a positive response, make sure to find out about the interview process at Bookkeeper360 and prepare for tough questions.

For example, there is a significant increase in Other Expenses in March 2022 and Advertising Expenses in April 2022. Support.gusto.com needs to review the security of your connection before proceeding. Although Bench does not provide tax services, it can work directly with your CPA during tax time or connect you to a tax professional in its network. Despite these significant benefits of Bookkeeper360, there are also downsides to this online bookkeeping service worth considering. Similarly, Bookkeeper360 offers Advisory, Coaching and Inventory options for its CFO Advisory services. The Advisory plan starts at $700 per month and the Coaching plan starts at $1,500 per month.

Any services beyond bookkeeping—such as payroll, human resources , taxes, or keeping your books up-to-date—are available at an additional cost. Unlike other online bookkeeping companies such as Bench, Xendoo and Bookkeeper360 provide full-service tax expertise and offerings. One of the biggest differences between the two is that Xendoo includes tax + bookkeeping at one flat price, where Bookkeeper360 offers different features at additional costs.