Professional Bookkeepers for Small Businesses

Virtual bookkeeping companies don’t just help you with your books – some even offer online CPA services. Depending on the plan you purchase, you can outsource all the accounting-related tasks of your business. What we like about Merritt is that it offers themost affordable bookkeeping services, along with a 90-day money-back guarantee. What we don’t like is that there is no option to purchase additional services . The cost of bookkeeping services can vary depending on the size of your business and the features you need.

If it turns out that you need extra help , you canget a full packagefrom the same company. The company can also lend you a fractional CFO for your business for $1,500 a month and provide tax guidance to help maximize your savings, which will cost you an extra $1,200 a year.

What Does Accounting Software for a Small Business Do?

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• Will communicate with a user’s certified public accountant as tax season approaches.
• Services from managing our Xero accounting software account to reconciling bank statements to doing our tax returns.
• Higher-tiered plans unlock more transactions and a more frequent service level.
• If you use accrual-basis accounting, you’ll need the Growth plan, which starts at $990 a month.
• Your bookkeeper can close your books and prepare a trial balance.
• Lots of bookkeeping services are built to run on QuickBooks, an industry leader in accounting and bookkeeping software.

When you sign up for QuickBooks Live, you’ll have a certified online accountant maintaining your books. There’s no contract required, so you can change plans or cancel at any time if QuickBooks Live doesn’t work for you. Would you rather tackle accounting yourself instead of outsourcing it to a third party? Check out our list of the year’s best accounting software for small businesses to get started. In the cleanup/setup phase, your bookkeeper helps you set up your chart of accounts, connects your banks, and teaches you the basics of QuickBooks. If you have information in QuickBooks already, your bookkeeper will help clean it up in the first month of service.

More Resources on Small Business Accounting

Custom plans are also available for businesses with more than $125,000 in monthly expenses. With transparent pricing that’s based on your monthly expenses and available catch-up bookkeeping, Xendoo is an excellent option for businesses looking for an all-in-one accounting solution. Tax preparation, planning, and filing services can be added to any plan for an additional fee. How much more profitable could your small business be if you had the time to focus on the actual business instead of handling a range of administrative tasks? Analytix Solutions offers you options for better management of your accounting and bookkeeping functions.

In this plan, payroll is full-service, which means that all tax filings and payments are completely managed by Wave. This full-service payroll option is only available in 14 states. Wave is an ideal accounting software platform for a service-based small business that sends simple invoices and doesn’t need to run payroll.

Online Accounting Services for Small Businesses

One of LedgersOnline’s professional bookkeepers can care for all your bookkeeping needs and ensure your books are always up to date. If you’re a small business owner, you know that bookkeeping can be a daunting task. But it’s important to keep your books in order, especially if you want to make wise business decisions. Xero does not provide accounting, tax, business or legal advice. You should consult your own professional advisors for advice directly relating to your business or before taking action in relation to any of the provided content. These tasks used to be managed using books and ledgers, hence the name “bookkeeping”.

Sunrise is a bit different from the other services on our list. There are only 24 hours in each day, and accounting tasks can often seem insignificant to the overall growth of the company. That is until you need financial reports for a grant, loan, or business decision. Or perhaps the tax returns result in an extremely high tax bill. LedgersOnline provides customized bookkeeping services for small businesses.

Books and taxes up to date throughout the year, but will also be available for a consultation, regarding any issues and questions you have in the financial sector. Since they’re experts at this, they will literally help you save money on this front. Connects with most major payment processors on the Flex and Pro plan. If you’re on the Core plan, you can still connect with FreshBooks, PayPal, Stripe, and a few others. Connect with most payroll platforms on the Flex and Pro plan. Kelly is an SMB Editor specializing in starting and marketing new ventures. Before joining the team, she was a Content Producer at Fit Small Business where she served as an editor and strategist covering small business marketing content.

• With so many bookkeeping options available today, it’s hard to keep track of which ones are worthy of your hard-earned money.
• Stay updated on the latest products and services anytime anywhere.
• Businesses can collect payment online from customers through Xero’s integration with Stripe and GoCardless.
• Freelancers and startups who often work remotely will appreciate the iOS mobile app that provides financial reporting functionality and real-time cash flow updates.
• A bookkeeping service can help you stay organized and on top of your finances.
• Our team will make sure your books are done right & we are just a quick call away.

LedgersOnline’s bookkeepers can take care of everything from initial catchup to regular bookkeeping tasks. Our services include accounts receivable, accounts payable, and tax preparation, to name a few. Professional bookkeepers also provide other services, like helping with financial reports (profit-and-loss, balance sheet, cash flow report), and measuring business performance. Wave has grown to become a popular choice for small businesses because of its free and low-cost accounting software.