You can create a task for your bookkeeper, set a due date, and wait for them to get back to you. This feature is available because the communication happens within the Bookkeeper360 interface. In addition, we employ a comprehensive editorial process that involves expert writers. This process ensures that articles are well-researched and organized, offering in-depth insights and recommendations.
Bookkeeper360 offers HR support for small businesses through a tool called HRS360. With this app, you’ll have access to a forms library, salary benchmarking tools and HR professionals. HRS360 also provides assistance with federal and state compliance, training videos, employee on-boarding forms and job descriptions. Read our article on how to choose a virtual bookkeeper for guidance on selecting the right online bookkeeping service. Since the software works best when integrated with QuickBooks and Xero, we evaluated user scores from the app stores of each accounting software.
Best for Hiring Certified Bookkeepers
It also gives you the option to integrate Xero with these different solutions to sync your payroll data. We conducted in-depth research and evaluation of each online bookkeeping service in this guide — comparing feature sets, price levels and bookkeeper360 limitations. We also utilized information from our partners to enhance our understanding of what a good online bookkeeping service provider should be. Ultimately, we formulated our use cases with different industries and businesses in mind.
If you didn’t receive an email don’t forgot to check your spam folder, otherwise contact support. Katherine Haan is a small business owner with nearly two decades of experience helping other business owners increase their incomes. 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. The cash runway, also called cash burn rate, shows the estimated number of months until cash runs out. In the example above, the cash burn rate is 13 months, assuming the average monthly cash outflow remains the same.
Support Analyst
Although these are both great accounting solutions used by numerous business owners, this is a problem if you use another system. If you use a solution like Freshbooks or Wave and want to keep that software, you’ll have to search for another bookkeeping service. Bookkeeper360 can work with a variety of payroll solutions, including top providers like Gusto and ADP.
Learn more in our cash- vs accrual-basis accounting method comparison, which also covers when to use each. 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. Plus, with transparent pricing laid out for customers to see, a service provider can’t try and charge you more than it does someone else.
Best for Small Businesses
Bookkeeper360 pricing scored low in our evaluation because it’s quite expensive compared to competitors, and we believe that very small businesses with limited budgets might find its services expensive. It also fails to provide complete pricing information for many of its services. 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.
