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). Both QuickBooks Live and Bookkeeper360 received mostly positive reviews, but Bookkeeper360’s average score is one of the highest we’ve seen for a bookkeeping service at a 4.8 out of 5.
- The columns represent the volume of cash inflows and outflows while the line shows your net cash position.
- Bookkeeper360 allows you to choose from its established plans or get a customized quote based on your company’s needs and whether you require add-ons like payroll or tax filing.
- Depending on the needs of your business, you can choose from the pricing plans that are offered for Bookkeeper360’s individual services, or you can work directly with its team to customize a service plan.
- You can view profit and loss details, revenues, direct costs, and net income.
- Ultimately you can choose services that range from advisory support to full, hands-on bookkeeping management.
- Users also have the choice of frequency, whether that is a weekly or daily basis, although services are billed monthly.
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. Wave Accounting is one of the very few business accounting software providers on the market that’s completely free. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research.
FAQ: Choosing What’s Best for Your Business
Users also praised the virtual accounting firm’s business formation services and the transparency of fees and services. Your first month of service with QuickBooks Live is dedicated to onboarding and cleaning up your books at a cost of $500. If you’re using Xero or QuickBooks, both the desktop and mobile apps will connect to your account and provide information like scorecards and metrics.
Our team leverages its expertise and extensive research capabilities to identify and address the specific questions our audience has—and this ensures that our content is rooted in knowledge and accuracy. You can drag and drop files into ScanBot, and it’ll read the file automatically. Botkeeper’s interactive business dashboard grants you access to KPIs, trending analytics, and data visualizations. You bookkeeper360 can also share the dashboard with clients, with the ability to grant specific permissions and additional security, such as the “view only” permission, and protect the dashboard with a password. Taxpayers will continue to see helpful changes at the IRS following ongoing transformation work. Terms, conditions, pricing, special features, and service and support options subject to change without notice.