An accounting software or service can help you avoid costly mistakes and get a clear picture of your overall finances. Use Nav to find the right accounting solution for your business. Read reviews from verified users on third-party sites like Capterra and G2 to see how each Bench alternative stacks up in terms of features, ease of use, customer service and value for money.
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Navigating to the service’s self-help features was a bit counterintuitive for me bench accounting since I happened to find it by accident. I intentionally didn’t take the first few calls to test their persistence – to ensure they’re committed to serving their new customers. Otherwise, you’re limited to Gusto for Payroll, which is a separate service you’ll have to sign up for and connect.
Xero Review: Features, Pricing, & Alternatives
All plans include https://www.bookstime.com/ monthly bookkeeping, year-end financial package, and unlimited support. The Premium plan, which includes tax filing services, is available at an additional cost. Bench Accounting offers two monthly subscription plans, Essential for $299 and Premium for $499. If you sign up for an annual contract, the monthly price goes down to $249 for Essential and $399 for Premium. While both offer basic bookkeeping and year-end reporting, Premium has unlimited tax advisory services and federal and state tax filing.
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- Prices start at $399 per month and vary depending on your total monthly expenses and whether you need cash basis or accrual basis accounting.
- Use Nav to find the right accounting solution for your business.
- Gusto files local, federal, and state payroll taxes automatically and generates W-2s.
- Have a list of your must-have features and integrations ready before you go into these demos.
- Additionally, you can add on services that track your accounts receivable, accounts payable, and unearned revenue.
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. Small businesses normal balance don’t have to use accrual basis accounting, but it typically provides more accurate insight into your finances than cash basis accounting does.
That said, it’s easy to get support if you’re not logged into your Bench account from the Homepage – all you have to do is go to the site’s footer to get to more resources. It’s a web-based application, so you can access it from anywhere with an internet connection. Bench has a dedicated iOS app for Apple users, but Android users are out of luck as of this review in December 2023.
- But if yours is more complicated, you might look into other accounting software options besides Bench accounting.
- Or, let us handle the year end prep and filing for you with BenchTax.
- Bench integrates with Stripe accounts, Square accounts, and Shopify accounts.
- All reports can be easily exported to an Excel file to share with your accountant or future bookkeeping provider.
- Give yourself time to get comfortable with your new bookkeeping solution.
Integrations, Compatibility, & Supported Platforms
Bench does offer accrual adjustments, but they start at an extra $100 per month. Our intuitive software automates the busywork with powerful tools and features designed to help you simplify your financial management and make informed business decisions. Bench provides online bookkeeping services to small businesses.
Bench Accounting Tax & Consulting Services
From there, I could quickly integrate my bank accounts and download the Bench app from the Stripe App Marketplace to make integrating my account a cinch. I did have some trouble getting it to load all my transactions for multiple accounts. Once they loaded in, I could open each of them for input to share with my bookkeeper.