As previously mentioned, you can schedule a call via Bench’s app. These calls are centered around reviews, obviously, hence you’ll be connected with your bookkeeper and discuss how things are progressing. From what I gather, there’s no specification as to why you should call. A Business check-in is as good a reason to call as a business inquiry, so don’t be shy. In terms of tax filing, Bench bookkeepers will do all the heavy lifting for you and send you the end product.
Any 1099 transactions are categorized according to date, details, and the payee name, so it’s easier to process with the IRS when the time comes. If you’re looking for an all-in-one bookkeeping and payroll tax management solution, Bench isn’t for you. Bench offers two plans – one for basic bookkeeping and another that adds tax filing. We’re here to help you explore whether our cash basis bookkeeping is a good fit for your business. Reach out anytime — we’d love to learn more about your business needs and see how Bench can support you.
We simplify catching up on overdue books and taxes with dedicated support, helping you avoid IRS penalties and regain financial confidence. Maximize your entrepreneurial endeavors and let Milestone be your guiding partner in this journey. With our unparalleled expertise in accounting, HR, and payroll services, we transform your back office into a powerhouse, allowing you to focus solely on expanding your business.
Overview of Bench’s Services
The people, organization, resources, and software are top-notch. The price, however, is too much for someone who is self-employed or a small business owner with limited transactions. The proprietary software doesn’t integrate with anything like Quickbooks. You can connect your bank accounts, credit card accounts, and a few merchant accounts in a few clicks.
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. 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. While there are some nuances with data uploading and categorization, the team is responsive and helpful.
You’re our first priority.Every time.
- The Bench Accounting login provides access to a clean and intuitive dashboard where users can view their financial data and reports.
- Anyway, the major advantage of uploading all this financial data to an online platform is how easily you can access monthly reports, financials and review items.
- It does, however, allow you to download Excel files of historical data, which can be uploaded to other programs.
- Invest in bookkeeping software tailored to your business needs.
Interestingly, Bench.co claims to be the largest small business bookkeeping service in the US. The first step is securing essential hardware like a reliable computer. A system with adequate processing power, memory, and storage is necessary to handle bookkeeping software and large data files. Adding a printer for hard copies of invoices and reports, as well as a high-quality scanner for digitizing receipts and essential documents, can bolster your setup.
Need Extra Support?
Every report accessible in the Bench platform can be exported to an Excel file for easy sharing with anyone from business partners to accountants. You won’t need any other software to work with Bench—we do everything within the platform. You should choose Bench over Quickbooks if you want to hire a bookkeeper to do your books for you. If you don’t want to hire a bookkeeper, you should use Quickbooks – it’ll provide you with the functionality to go it alone.
Or, let us handle the year end prep and filing for you with BenchTax. Book a call with a client sales representative who will be happy to answer any questions you have about Bench Tax and confirm that it’s a good fit for your business. Here are 11 alternatives to explore, each with a different emphasis in supporting your small business finances. We’re here to help entrepreneurs understand what they want to do and where they want to go. Granted, it was during standard business hours, so I am unsure of how it would work outside that timeframe.
As of August 2019, Bench announced BenchTax in partnership with Taxfyle16 in order to provide tax preparation and filing for clients. 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. That’s why your dedicated Tax Coordinator supports you through the entire process. Learn more about Bench, our mission, and the dedicated team behind your financial success. From creatives to chiropractors, Bench supports thousands of small business owners across the United States. See what our small business owners are up to, and join the conversation.
What you’ll get when you upgrade your plan to include Bench Tax
- See your business’s financial health at a glance, and stay in control of cash flow.
- There’s a degree of human error involved in this process, and sometimes your bookkeeper will mislabel transactions.
- Online apps tremendously improve visibility and increase ease of access.
- It eliminates the need for manual uploads, with your data appearing in your account instantly.
This could make it difficult to switch bookkeeping services later. It does, however, allow you bench accounting login to download Excel files of historical data, which can be uploaded to other programs. But moving the information and verifying it was done correctly can take time. When your bookkeeping is done for the month, you’ll receive a message.
Their platform’s user-friendly interface and strong customer support, reflected in numerous positive reviews, highlight their commitment to quality service. The various pricing packages offer flexibility, making it accessible to a wide range of businesses. Bench Accounting is a bookkeeping service designed to help small businesses manage their financial records with ease. By offering both software and human expertise, Bench aims to simplify and streamline the bookkeeping process. Their services are particularly attractive to entrepreneurs and high-growth businesses who need reliable and efficient bookkeeping solutions. Bench has a proprietary bookkeeping system that doesn’t sync with other accounting software.
It eliminates the need for manual uploads, with your data appearing in your account instantly. This ensures your bookkeeping team can work efficiently, keep your books up to date, and help you get the most out of the service. All plans include monthly bookkeeping, year-end financial package, and unlimited support.
I find the monthly reports easy to understand and its given me a much clearer picture of my numbers. Bench is an online accounting software tool designed to help small business owners save time and money when it comes to bookkeeping and taxes. 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 a subscription to specific accounting software, which adds additional expenses. We take care of bookkeeping and tax for small business owners.
Finally, Bench gets its bookkeepers to double-check their colleague’s work. According to Bench.co’s website, this quality control, if you will, is performed by a member of Bench’s in-house team. Luckily, for you (and your poor hair follicles!), you don’t need to keep this annoying tradition alive any longer. Instead, you can look to avail of the services provided by a company such as Bench.co. We are excited to work with you and get started on your bookkeeping. Our goal is to take the stress out of managing your finances so you can focus on running your business with confidence.
Their features include the management of income and expenses, the generation of financial statements, and even the provision of financial insights through custom reports. The service acts as an extended financial arm, allowing entrepreneurs to focus on growth while Bench handles their back-office tasks. Bench Accounting is an online bookkeeping service that combines proprietary software with human expertise. Founded in 2012, Bench has quickly become a popular choice for small business owners looking to outsource their bookkeeping tasks. The company’s mission is to simplify financial management, allowing entrepreneurs to focus on growing their businesses rather than getting bogged down in numbers.