They highlight the struggle they faced prior to hiring Bench – they simply couldn’t find a bookkeeper in their area who understood their business. This person was also thrilled https://www.bookstime.com/ that they could integrate Bench so easily with APIs and other services. This reviewer explains how they’re delighted with the customer service provided by Bench.

The company is based in Vancouver, Canada, and works with clients exclusively in the United States. With just over 10,000 customers, Bench is a growing company that caters their bookkeeping services to SMB owners across a range of industries like law, retail, and ecommerce. However, if you just want basic bookkeeping services, Bench is one of the most cost-effective and highly-rated options on the market.

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Every month your bookkeeper imports your business transactions and does your bookkeeping. When the end of the year comes, your bookkeeper will prepare a tax package that contains everything you need to file. You save a lot of time and, yes, there is a cost, but typically far lower than a traditional bookkeeper. But is it really worth it or should you stick to keeping doing it yourself or using accounting software to save money? As a bonus, if you register for a free trial and if you decide to continue with Bench after your free trial, we’ll give you 30% off your first 3 months of service, just for being a friend.

• With the industry in its infancy, it can be difficult to know which services are worth your time or money.
• However, they were unhappy with the level of financial statements customization and categorization provided by Bench within these reports.
• The software then separates the transactions into different sections and can automatically generate financial reports for you.
• According to Bench’s website, their TaxFyle experts have 15 years’ worth of experience.

And, as a value add they also review your plan annually to make sure that you have the right plans for your needs. The user-friendly setup of Bench Accounting is certainly one of the biggest factors working in its favor. Like most online bookkeeping services of today, it’s a hands-off approach for the business owner.

Essential

The accounting tab lets you track financial transactions, view reports, connect your accounts, run, and download visual reports, and upload documents. With the Essential plan, you can get bookkeeping, tax services, and unlimited support from the Bench https://www.bookstime.com/articles/bench-accounting team on a monthly basis or need basis. The “catch up bookkeeping price” is a tool that allows users to catch up on their accounting quickly. This software is perfect for small businesses and freelancers who want to keep track of their finances.