Bookkeeper360: Xero Accounting & Bookkeeping Solution

what is bookkeeper360

On the Monthly plan, your dedicated accountant does the heavy lifting, handling your monthly bookkeeping on either a cash or accrual basis. Pricing starts at $399 per month for cash-basis accounting and $549 per month for accrual-basis. Bookkeeper360 is an online bookkeeping service designed to help small and medium-sized businesses with their bookkeeping and accounting. When you sign up for Bookkeeper360, you receive a dedicated account manager, who will work with you to create a service strategy that meets your needs. After this, you’ll connect Bookkeeper360 to your accounting system — either QuickBooks or Xero — and you’ll be able to work collaboratively online with your bookkeeper to manage your business finances.

what is bookkeeper360

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Bench offers its services in five plans, designed to accommodate businesses of different sizes based on their monthly expenses. Regardless of your plan, Bench connects you with a dedicated bookkeeper bookkeeper360 with whom you work to set up all of your information and accounts on the Bench platform. Bookkeeper360 can work with a variety of payroll solutions, including top providers like Gusto and ADP.

what is bookkeeper360

Fast-paced fin-tech company driving the accounting industry forward

Its core services are bookkeeping, tax advisory and filing, and helping harried sole traders catch up on any backlog they have of accounting and filing tasks. After that, you’ll communicate with your bookkeeper or accountant through the platform. The specific features you’ll use depend on the strategy you’ve set up, ranging from DIY with occasional advisory support to full, hands-on bookkeeping management, payroll, tax, and expert CFO advisory. Bench is a worthy alternative to Bookkeeper360 if you’re looking for a tech-savvy provider that focuses largely on bookkeeping. Bench is also a great option if you don’t already use accounting software — as it has its own software platform.

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The median salary for these roles is also higher than for bookkeepers at $77,250 per year [4]. The expected job decline is primarily due to cloud computing and other software innovations automating bookkeeping tasks that a person would normally do. Specializing in a career field can help to set you apart and lead to career stability and longevity.

  • With a certified bookkeeper designation, you are qualified to perform all critical functions through the adjusted trial balance and basic payroll for small to medium-sized businesses.
  • Bookkeeper360 customers who use Xero also have access to a mobile app that provides valuable financial data related to business performance, cash management, and payroll analytics.
  • Bookkeeper360 reviews highlight the ease of use of its services as well as the helpfulness and knowledge of its team.
  • See our overall favorites, or choose a specific type of software to find the best options for you.
  • For the information to be reported as a financial statement, it needs to be identified, accepted, classified, and recorded.

For that reason, we think it’s probably best suited to established, growing, mid-sized businesses that need nuanced bookkeeping support tailored to their specific needs. QuickBooks Live and Bookkeeper360 both combine the automation of accounting software with the guidance of a professional online bookkeeper. Also, while both work with QuickBooks Online users, Bookkeeper360 also works with Xero. Online bookkeeping services offer several advantages to businesses looking to manage their financial records efficiently. One of the most significant benefits of online bookkeeping is accessibility. With online bookkeeping services, businesses can access their financial records from anywhere, at any time, and through any device with an internet connection.

what is bookkeeper360

I was ready to up my tax game–that’s why I joined Intuit

  • You’ll better allocate resources and make more informed decisions when selecting and quoting future projects.
  • QuickBooks Live and Bookkeeper360 both combine the automation of accounting software with the guidance of a professional online bookkeeper.
  • Bookkeeper360 employees attributed a compensation and benefits rating of 4.4/5 stars to their company.
  • Both have similar approaches when it comes to working with your bookkeeper, but QuickBooks Live offers more ways to communicate and a transparent view of the tasks that have been completed.
  • The size and scope of a business will determine whether the company needs a part-time bookkeeper, full-time specialist bookkeeper, or an entire accounting department.
  • If you’re interested in working remotely as a bookkeeper, applying directly or joining the Intuit Tax and Bookkeeping Talent Community may be the right move.
  • is a great Bookkeeper360 alternative if you already use QuickBooks and prefer pricing based on transactions.

Unlike Bookkeeper360 and, Bench offers the same service regardless of your plan, the price only changes based on the amount of your monthly expenses. If you’re looking for a Bookkeeper360 alternative that is focused on bookkeeping, you might consider Bench. With Bench, you not only receive online bookkeeping services but access to its proprietary bookkeeping software as well.

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  • Customers schedule an appointment to have a bookkeeper review their transactions, and  multiple schedules are available to choose from.
  • The specific bookkeeping features you receive with Bookkeeper360’s service will depend on the plan you develop.
  • Mature businesses with nuanced accounting needs and want regular support from an accredited professional.
  • Our commitment to excellence and client success has earned us independent recognition as one of the top online bookkeeping solutions by publications such as NerdWallet, Forbes, and Entrepreneur Magazine.
  • Therefore, you should consider the education opportunities discussed above.
  • You may also pursue certification programs or use online courses to become a self-taught bookkeeper.
  • You will need to learn how to start a bookkeeping business in your location, such as how to file for a license if you choose to have an in-person office.

Bookkeeper360 employees rate the overall compensation and benefits package 4.4/5 stars. If you’re behind on your tax payments or have past years where you didn’t even file a return, you probably feel the pressure mounting. We’re committed to empowering clients with the tools to navigate the financial landscape, and the Bookkeeper360 App exemplifies this commitment. Every Bookkeeper360 client gets a personalized Bookkeeper360 App demo, with their dedicated Product Success Manager guiding setup and introducing the App’s features. I think the biggest thing for me with Bookkeeper360 is just the time savings.

How We Test Accounting Software

To get things started, Bookkeeper360 will guide you through the setup of your accounting system and provide any training on the platform. After that, you’ll manage the day-to-day tasks yourself, with your advisor available for advice as and when you need them, for an additional fee. The second plan, “Small Business Plus,” accommodates 126 to 150 transactions and class and location tracking, in addition to the features of the Small Business Plan. Moreover, just like Bookkeeper360, offers additional services for payroll, tax planning and management, as well as general financial planning. Bookkeeper360 is an accounting platform for startups and growth-stage businesses.

Accounting system requirements

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