How to hire a bookkeeper for your small business

The company offers a range of plans based on which accounting method you use and how often you wish to receive reports and updates. Plus, all basic accounting processes can be automated to save enterprises time and effort. For small to medium sized business owners in White Plains NY there is no such thing as a spare minute. Every second counts in the competitive boundaries of White Plains and that begins with streamlining every business process not central to the generation of revenue for that business.

Bench: Best overall including catch-up bookkeeping and tax filing

• And with Catch-Up Bookkeeping, it’s never been easier to switch to Block Advisors.
• She holds a Bachelor’s degree from UCLA and has served on the Board of the National Association of Women Business Owners.
• With a flat fee of $190 per month, Merritt Bookkeeping received a perfect score for pricing.
• In addition to these core accounting tools, Sage Intacct offers advanced tools such as dynamic allocations, AI-powered timesheets, project-based accounting, and even time and expense management.
• Online accounting services can perform a wide range of tasks for busy business owners.

One benefit of using Wave Financial’s software is the ease of using products and services that integrate seamlessly. This includes payroll, invoicing, the ability to accept online payments, and a Wave Money account for qualified users. You can use its monthly financial reports to assist with filing taxes, and it provides a simplified issuance and electronic filing of 1099s for your contractors at an additional fee. It also offers catch-up bookkeeping services, which is $140 for each month you’re behind.

Top Online Bookkeeping Services

Financial data should be kept under lock and key – after all, data breaches are on the rise. And according to recent data by IBM, the average cost of a data breach reached $4.35 million in 2022. The more security layers that can be added to data, the better protected an enterprise will be. Microsoft Dynamics 365 is a suite of intelligent ERP tools for businesses of all sizes. Microsoft Dynamics 365 Finance is a tool focused on the monitoring of financial operations. While Certinia offers many advanced features, it also delivers simple features such as invoicing.

• And through SAP S/4HANA Cloud, companies can improve the accuracy of their financial closing processes.
• You still have access to your finances in the software, but you also have someone to help you use the software properly and prepare for tax season.
• This is useful for microbusinesses who want one software with multiple functions.
• If your books are outdated, Merritt’s catch-up bookkeeping is affordable at $140 per month.

Get expert help as you do your books

Plus, accounting software integrates with other critical enterprise tools such as CRM software. QuickBooks is known for its easy-to-use yet feature-rich accounting software. QuickBooks Enterprise virtual bookkeeping services includes all of the streamlined accounting tools of traditional QuickBooks Online along with enterprise-specific tools. There are many examples of accounting software enterprises can choose from.

• Many enterprise accounting platforms offer payment processing built right into the software.
• Jason’s firm, Notion CPA, is an accounting firm with a business-first focus.
• Our tax center can give you a hand with calculators and refund tracking tools.
• Although InDinero offers scalable plans, they’re not very transparent about what exactly they include in each plan until you talk to a salesperson.
• This may matter to how convenient the accounting software can be for them.
• Take advantage of Catch-Up Bookkeeping, and you’ll never feel behind on your books again.

Explore over 600 resources for managing small business finances

Velan completes accounts receivables and payables on time with 100% accuracy and earned the client’s trust. Velan offers both bookkeeping and accounting services to give you a comprehensive financial solution. In our evaluation of 1-800Accountant’s Enterprise plan, it took a hit in pricing because it charges $399 a month, which is more expensive than many of its competitors. Although it offers a dedicated bookkeeper and a number to call, it doesn’t offer video meetings or unlimited meetings, which is why it scored lower in the personal bookkeeper category. A good alternative is QuickBooks Live, which provides video meetings and unlimited meetings in general. 1-800Accountant is a nationwide virtual accounting firm that will handle all of your accounting needs, from bookkeeping to tax preparation and filing.

It’s a great option if you’re looking for reliable and efficient support year-round. Because of QuickBooks Live’s low-cost pricing structure that is based on your company’s monthly expenses, it received a perfect score for pricing. However, it took a hit in the personal bookkeeper category because it doesn’t provide a phone number to call although you can request a call-back. There also isn’t a mobile app that is specific to QuickBooks Live that you can use for communicating with your bookkeeper, so we deducted points there as well. After you’re matched with a dedicated bookkeeper, you can opt to be trained on day-to-day bookkeeping tasks, which is ideal for novice QuickBooks users. Your bookkeeper will assist you with setting up your chart of accounts, connecting your banks, and creating a plan to clean up any existing data.

Best Small Business Accounting Software in 2024

If access to video meetings and a phone number to call for support is important to you, we suggest Bookkeeper360. You are partnered with a dedicated bookkeeping team you can communicate with regularly, they do all your bookkeeping for you, and you are presented with tax-ready financial statements. If you’re a freelancer, try applying your hourly rate to the time you spend on bookkeeping.

Get live expertise

Standalone services work well if you aren’t experienced with accounting and want to be hands-off. If you already have accounting software or want more visibility into your finances, an add-on may be better for you. During our research process, we surveyed 200 professionals who have used accounting software and/or services. Below are the features they deemed as the most important to consider as you choose a provider.