Bookkeeping Online: Virtual Services for Your Finances

They categorize expenses, reconcile accounts and close your books for you as needed. If you’re already using QuickBooks as your accounting program, using the bookkeeping services is a natural transition for extra support. It’s a cost-effective way to get the bookkeeping that will make tax time easier and help keep you from audit issues.

Who are the Bookkeepers?

See how connecting with experts one-on-one gives this busy voice-over artist the confidence her books are done right and frees up time for the things she loves to do. Connect with experts year-round for advice and guidance, with best-in-class tools to support you as your business grows. If you need to cancel your appointment, use the link in the confirmation email. You can why you might need an audit of your financial statements always see your next scheduled appointment in Live Bookkeeping.

How much does QuickBooks Live Bookkeeping cost?

With QuickBooks Live Bookkeeping, you have access to a dedicated QuickBooks-certified bookkeeper who works tax identity shield and tax fraud protection with you to understand your business and supports you along with their team. They categorize transactions, reconcile accounts, and are available to meet with you to go over updated reports or answer any questions you have. A Live bookkeeper cannot begin cleaning up your past books until they receive the required supporting documentation, which your bookkeeper will request from you after your first meeting.

What is a QuickBooks live bookkeeper?

Unlike QuickBooks Live Bookkeeping, Bench also offers historical bookkeeping services beyond the last filed tax return as well as tax filing and advisory services. And if you need accounts receivable or accounts payable, Bench offers specialized bookkeeping for an additional fee. Use the QuickBooks Live Bookkeeping service to make sure your books are up-to-date, accurate, and ready for tax time.

Schedule and manage appointments with your bookkeeper

1. Pricing is based on the average of your monthly expenses over a three-month period.
2. It also puts the reports you want at your fingertips, so instead of using your time to enter data, you can spend your time thinking about how to grow your business based on real data.
3. Live Bookkeeping Messaging connects you to a QuickBooks product expert.
4. Using the QuickBooks Live service is often cheaper than hiring an independent bookkeeper who will likely charge you hourly, which makes budgeting the expense a chore as it probably will change monthly.
5. Some businesses will appreciate this guarantee that the service stands behind its work.
6. Use the QuickBooks Live Bookkeeping service to make sure your books are up-to-date, accurate, and ready for tax time.

Once they have all the required information, they’ll start cleanup, which include categorizing transactions and reconciling accounts. Cleanup takes about 30 days from the time they receive everything they need from you. QuickBooks Live Bookkeeping offers online bookkeeping services that connect small businesses with trusted, QuickBooks-certified virtual bookkeepers. Depending on the service you choose, a bookkeeper can give you guidance or take the lead on your bookkeeping. QuickBooks vets bookkeepers to ensure they are certified in QuickBooks accounting software and have the experience to manage accounts. Having a dedicated bookkeeper means that the business maintains the continuity of one person who learns the ins and outs of the company and what the business owner needs by way of reporting.

Categorizing transactions records each transaction under the right account so you have clear records of how much the business made and where the money went. Terms, conditions, pricing, special features, and service and support options subject to change without notice. Your bookkeeper can run detailed reports that give you a clear preparing the statement view of your business, so you have the info you need to make informed decisions and feel confident at tax time. As part of ongoing bookkeeping, your bookkeeper categorizes your transactions and reconciles your accounts each month. If the cost of QuickBooks Live is an issue for you, you might consider Wave Accounting software with the Wave Advisor service add-on as a more cost-effective alternative.

It also puts the reports you want at your fingertips, so instead of using your time to enter data, you can spend your time thinking about how to grow your business based on real data. QuickBooks Live Bookkeeping is a subscription service that gives a business a certified bookkeeper to help manage the company books. There is a $500 cleanup fee to get started, which pays to get your books up to date, and then you pay $200 to $400 per month for the service. During your first appointment, your bookkeeper gives you a quick tour of QuickBooks Live Bookkeeping and helps you set up your chart of accounts, connect your banks, and upload your documents.

Wave Accounting is one of the very few business accounting software providers on the market that’s completely free. If you invoke the guarantee, QuickBooks will conduct a full n evaluation of the Live bookkeeper’s work. First, a bookkeeper reviews your chart of accounts and past transactions to bring your books up to date. With QuickBooks Live Expert Full-Service Bookkeeping, a dedicated bookkeeper will get to know your business, bring your past books up to date, and do your book for you, start to finish. You can cancel your QuickBooks Live plan or upgrade from Live Expert Assisted to Live Expert Full-Service Bookkeeping at anytime. To downgrade from Expert Full-Service Bookkeeping, you may need to wait until the end of your current subscription billing period.

There’s no set amount of time you get per month with your bookkeeper, but you can only have one scheduled appointment at a time. QuickBooks Live Bookkeeping can be more cost-effective than hiring an in-house bookkeeper or outsourcing your bookkeeping to an accounting or bookkeeping firm. There are no long-term contracts, so you can switch or cancel your service at any time without incurring fees. And, QuickBooks Live Bookkeeping comes with an “Accurate Books Guarantee” to cover any errors made by your Live Bookkeeper (some exceptions apply). Although QuickBooks Live Bookkeeping offers “full-service” bookkeeping, some tasks often fall to in-house or outsourced bookkeepers that aren’t included in the service. And keep in mind this service won’t make tax filings on your behalf, so you’ll have to handle that separately.

With Live Expert Assisted, you’ll still be managing your own books. You can request a callback anytime when you need a little extra help. Answer a few questions about what’s important to your business and we’ll recommend the right fit.