One of the most time-consuming parts of running a small business is dealing with bookkeeping. In short, this is something that you do not have time for. That’s why it is important to find the right bookkeeping service for your small business. Here, we will take a look at some of the best bookkeeping services that can manage one of the most time-consuming parts of your business. For more information on which bookkeeping service is right for your small business, MBA Financial & Accounting Solutions can help assist you and make sure you choose the right
What to look for in a bookkeeping service?
So what should you look for in a bookkeeping service? The first thing you need to look for is a company that provides the essential bookkeeping services that you need. For instance, your ideal virtual accounting and bookkeeping service should be able to provide you with financial statements, cash-flow spreadsheets, invoicing, ect. Also, the right virtual bookkeeping services should have an easy-to-use interface that allows you to easily understand the current financial situation for your business. Finally, the right bookkeeping service should have easily reachable customer service when you need it.
Top five bookkeeping services for small businesses
Virtual bookkeeping services are growing at a fast pace. That means that there are many viable options out there. Here’s a look at the five-time bookkeeping services available.
1). Basis 365 Accounting
Basis 365 Accounting can provide payroll, accounting, and bookkeeping services that work with Xero accounting software. The company tends to serve the following types of businesses:
- Agencies – Working with tracked and billed time or project-based work.
- eCommerce – Online sales of physical goods as well as services.
- Software – Companies that create platforms and write applications.
Overall Basis 365 Accounting is a top choice if your business is focused on the agency, eCommerce, or software industry. There is no flat fee. However, their fees are competitive with the industry average.
2). Merritt Bookkeeping
Merritt Bookkeeping is a popular choice for small businesses because they have no set-up fees. This is the ideal choice for a small business that wants to work with Quickbooks but doesn’t want to deal with the software directly. On the downside, Merritt Bookkeeping does not provide payroll or invoicing services. However, the company does provide “catch up”
services for small businesses that are behind on their books. Overall, Merritt Bookkeeping is a solid choice for small businesses that need basic bookkeeping services.
3). Pilot.com
If you are running a start-up, then Pilot.com is going to be your choice. This company uses accrual-based bookkeeping services. As a Pilot.com client, you will have a dedicated account manager who will oversee your company’s bookkeeping. On the 15th of each month, you will receive a profit & loss, balance sheet, and cash flow statement. The company is designed for businesses with between one to 300 employees and also provides tax preparation services.
4). Bookkeeper.com
One of the oldest bookkeeping services available with virtual services is Bookkeeper.com. The company employs a team of Quickbooks Certified ProAdvisors. Some of the services offered by the company include payroll services, financial planning, tax preparation & planning as well as investing. You can choose between two levels of services: the Small Business Tier (for up to 125 transactions per month) and the Small Business Plus Tier (for 126 to 250 transactions per month).
5). Bench
Bench is the largest provider of virtual accounting services in the United States. With almost 10 years of experience, Bench offers integration to a number of apps such as Shopify and Fresh Books. You can also use Bench for optional services such as an end-of-month review of your books and tax preparation. Finally, Bench is ideal for companies that need to catch up on their books. In fact, the company can complete a year’s worth of bookkeeping in just three to four weeks.
Finding the right bookkeeping services
Bookkeeping is one of those parts of your business that is better left to the pros. If you are looking to make your life easier, then you should consider one of these top virtual bookkeeping services. They can keep your books in order and help you focus on the more important parts of your small business. MBA Financial & Accounting Solutions has been educating and guiding all types of clients on the importance of having a bookkeeping team to manage finances. Contact us at 800-576-5746 today for a FREE consultation!
REFERENCE:
https://www.lendingtree.com/business/best-bookkeeping-services/
