Bookkeeping Services, Small Business Accounting, Bookkeeper- New York, NY

On the other hand, most online bookkeeping services start at the $200-$400 per month range, with more advanced solutions in the $600-$800 range still being significantly cheaper than hiring a bookkeeping employee. Additionally, like Bookkeeper.com, Bookkeeper360 is a great solution for businesses that want related services on top of general bookkeeping. At the very least, you can expect most bookkeeping services to input transactions, reconcile accounts and send you financial statements regularly. Most services touch base monthly, but in some cases, you can pay extra to receive weekly reports. Depending on the company, you can speak with your bookkeeper (or team of bookkeepers) as often as you’d like or at least a few times per month.

Ask about pricing

Sign up as a customer today and get a free month of bookkeeping, valued at $299. Our team takes the time to deeply understand your business, answer your questions, help you link your accounts, and show you how Bench works. In the end, your virtual bookkeeper should be a partner that can help grow your business affordably. Keep that in mind as you search for the right virtual bookkeeper for your small business. For a small business with relatively straightforward finances, it’s generally more affordable than either a freelancer or a firm.

What If No Bookkeepers Near Me Meet My Needs?

If you don’t want to communicate virtually, these bookkeeper interview questions can help you find a resource near you. Offering a comprehensive range of bookkeeping services, including data entry, account reconciliation, financial reporting, payroll management, and tax preparation, can set a bookkeeper apart from the competition. More questions about accounting software, online tax and payroll services, or anything else to do with bookkeeping services?

Bench

Get valuable financial insight from a company that’s implemented QuickBooks & ERP solutions within thousands of businesses. Designed for startups that have high growth potential and use accrual basis accounting. Business owners have to use Bench’s proprietary software, which could make it hard to move to business bookkeeper near me another provider in the future. Introducing innovative approaches to solving clients’ financial challenges or offering customized solutions tailored to their needs can make a bookkeeper stand out. Being adept at using modern accounting software and technology for efficient data management, automation, and reporting is a significant advantage. Provide view-only access to your bank accounts, or email your statements monthly.

A Partner That Understands Your Business & Industry

Because a firm coordinates the work of multiple employees, it’s unlikely you’ll encounter the same service gaps you might expect from a single freelance bookkeeper. You don’t need to worry about your bookkeeper getting sick or leaving on vacation, https://www.bookstime.com/ since your books can be picked up by other other bookkeepers at the firm. A freelancer may or may not have experience working directly with CPAs. Ask about this during the consultation process, to determine their capacity for helping an accountant file your taxes on time.

• An online bookkeeping solution uses cloud-based software to connect you with a team of bookkeepers, who do your books for you (like Bench).
• If you want a higher level of support in the future, such as chief financial officer or CFO-style services, consider choosing a bookkeeping service that will allow you to upgrade later.
• QuickBooks, Xero and other do-it-yourself bookkeeping software give you a tool to do your own bookkeeping and taxes.
• If you’re considering a bookkeeping service that runs on QuickBooks or Xero, include the cost of that software, too.
• Bench offers a free trial for each plan that includes one prior month of bookkeeping, and whether you choose to continue using Bench or not, you get to keep the income statement and balance sheet for that month.
• A bookkeeper is not required to have any special certifications or education, while a Chartered Professional Accountant (CPA) is required to have completed a relevant certification in order to offer CPA services.
• It’s common for owners of small businesses to attempt bookkeeping on their own, but it’s easy for bookkeeping to become an afterthought until tax time approaches.

Your bookkeeping team consists of 3 professionally trained bookkeepers, including one senior bookkeeper who reviews all of your monthly statements and your Year End Financial package. At Bench, we truly understand the competitive nature of business in New York City, and the importance of accurate and time-saving bookkeeping in accelerating your business growth. Our expert team is not just proficient in bookkeeping, but they are also well-versed in local New York tax laws and understand the ins and outs of taxes specific to your industry. Experience a novel way of handling your bookkeeping with Bench—we’ve got your NYC business covered.

• In addition, consider the availability of add-on services like tax planning, payroll and human resources support.
• Even with these features, though, you’ll still want to double-check for errors, which takes time.
• A firm may employ a range of bookkeepers, from beginners to experts.
• If your prospective virtual bookkeeping service understands the value of adding to the conversation, then it is a good sign that they will be genuinely helpful to your business.
• If you’re worried about not having someone you can count on everyday, and don’t mind paying a bit more, a bookkeeping firm is a smart choice.

We know bookkeeping for New York City based businesses

• Determine whether you need basic data entry, financial reporting, tax preparation, payroll management, or a combination of these services.
• Merchant processors, loans, and lines of credit may also be taken into account.
• Small-business bookkeeping is the process of accurately recording your business’s financial activity.
• Get valuable financial insight from a company that’s implemented QuickBooks & ERP solutions within thousands of businesses.
• If you’re not sure whether your closing balances are accurate, we recommend chatting with one of our Onboarding Specialists about Catch Up bookkeeping.
• Someone had to be there to run the report, save it in the right format and send it out.
• By clicking ‘Get Strated’, I agree to Bench’s Terms & Privacy Policy.

Jason Ding is a seasoned accountant with over 15 years of progressive experience in senior finance and accounting across multiple industries. Jason holds a BBA from Simon Fraser University and is a designated https://x.com/BooksTimeInc CPA. Jason’s firm, Notion CPA, is an accounting firm with a business-first focus. The firm specializes in preparing personal and corporate taxation while providing fractional CFO work and leading the accounting and finance function for several small-to-medium-sized businesses.

• Some services also support Xero, another popular cloud-based accounting software.
• Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website.
• They also do not file your taxes for you, although they will be able to organize your books in preparation for tax season.
• QuickBooks and other bookkeeping software give you a tool to do your own bookkeeping.
• With Bench, you get a team of real, expert bookkeepers in addition to software.
• These services can help you claim the correct small-business tax credits and deductions, prepare your returns and file them.

As part of each of these plans, however, Bench offers professional bookkeepers to get you set up and work on your books. Bench also includes visual reports, a mobile app, automated statement imports, customer support, a dedicated login for your CPA, and tax-ready financial statements. What’s more, Fundera readers can get the first three months for 30% off.

Bench Bookkeeping: Best for Newer Businesses

With a flat fee of $190 per month, Merritt is one of the most affordable, straight-forward priced solutions out there. Bench is proud to offer bookkeeping services to businesses across the United States. We are here to help you streamline your accounting needs efficiently and effectively.