According to Bench.co’s website, this quality control, if you will, is performed by a member of Bench’s in-house team. Reports displaying income, expenses, and profits make it simple to recognize patterns and trends in your finances as well as summarize complicated financial activity. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. We use dedicated people and clever technology to safeguard our platform.
Additionally, Bench customers will get discounts from popular business subscriptions that have a partnership with Bench, like Gusto and Stripe. Considering this, if you have a lot of books and many accounts, so typically a larger business, Bench may not be the right option for you. However, as a freelancer or a small business that only has a few accounts, Bench may just be the perfect option for your bookkeeping needs. With Bench you have access to your financial information at any time, no matter where you are.
Bench Accounting Features
You also get an expert at bookkeeping keeping track of your financial documents. If needed, they’ll assign extra members from our team to get your records caught up and up-to-date. Knowing your financial picture is as important to us as it is to you. So, if they have questions about entries, transactions, or any other part of the process, they will be in touch with you right away. It’s not uncommon for bookkeeping and accounting to be used synonymously, though they are not the same. If you’re looking for a more hands-on approach to your bookkeeping, or if you’re just getting started in your business, these alternatives to Bench may work well for you.
Bookkeeper disappears and I have to check in with them only to find out still no progress. When your bookkeeping is done for the month, you’ll receive a message. At that point, you can view your financial statements and account information online. If you have any https://www.bookstime.com/articles/bench-accounting questions, you can get in touch with your Bench bookkeepers via in-app message or by booking a call. As you consider hiring bookkeeping services, it’s pretty realistic to wonder whether your small business can afford to hire Bench for your bookkeeping needs.
Behind in Bookkeeping? Let Bench.co Catch You Up
We do absolutely LOVE Bench and that’s why we wrote this article; to spread the good word of Bench Accounting, not to try to cash in on the referral program. Regardless of what you may think our intentions were, I still strongly recommend trying out Bench for yourself. But if you appreciate the review and want to contribute to our dog food fund, then go ahead and use our referral link to take advantage of their free trial. Now, I can honestly say that our monthly bookkeeping is something that we think about very little but still have the utmost confidence that it’s being taken care of. The most valuable part of the experience for our business is their ability to help us stay on top of what needs to be done without creating too much additional work on our end.
No matter which option you choose, you can get a free trial with this link to see what Bench accounting is all about. They will organize your books for the month prior and send over all of the information to you before your trial is over. Bench.co has been great for me, and it will be for many of you, too. If you’re unhappy with your current bookkeeping solutions, I highly recommend giving them a test drive.
The big drawback with a traditional bookkeeper, though, is that they cost a lot more with most bookkeepers charging between $20 and $50 per hour and they often have a set monthly minimum. So, yes, you’ll save time in which you can make more money for your business, but you’ll end up paying a lot more. Yet, it’s crucial, as a freelancer or small business owner, that your bookkeeping is up to date because it saves you a lot of hassles and stress when it comes to tax season. Bench costs anywhere from $139 to- $299 per month when billed annually.
And no worries if you can’t afford an in-house accountant or bookkeeper. I switched over my bookkeeping to Bench in 2016 and haven’t looked back. It’s been trustworthy and has saved me a lot of time and money. Another innovative feature of Bench is that they offer you the option to get your books up to date if you’re behind.