Bookkeeper360: Xero Accounting & Bookkeeping Solution

Bookkeeper360

You can also opt to use the Bookkeeper360 App without subscribing to the bookkeeping service for $19 per month. The company’s product offering includes SaaS business intelligence tools and tech-enabled accounting, advisory, back-office, payroll, and tax services. 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. Bookkeeper360 can only work with Xero or QuickBooks for accounting software systems. Although these are both great accounting solutions used by numerous business owners, this is a problem if you use another system.

With the first plan, called the “Support” plan, you continue to manage your own bookkeeping with some assistance from the Bookkeeper360 advisors. Bookkeeper360 is a Xero partner, so it only works with businesses that use Xero or QuickBooks as their accounting system. Moreover, it integrates with two of our best small business accounting software, QuickBooks Online and Xero.

Although Bench does not provide tax services, it can work directly with your CPA during tax time or connect you to a tax professional in its network. Bookkeeper360 offers several different services and solutions for business owners — and, because of the variety of its services, the ultimate cost of working with Bookkeeper360 will also vary. If you need to be able to accept credit card payments at your business, Bookkeeper360 also provides merchant services.

Kruze Consulting provides accounting, finance, HR, and tax consulting to seed and venture capital-funded startups. Kruze Consulting’s tax advisory work is reducing clients’​ burn, and Kruze’s team recommends and sets up financial and HR systems that help make data-driven startup founders more productive. The company was founded in 2012 and is based in San Francisco, California.

The columns represent the volume of cash inflows and outflows while the line shows your net cash position. By using this chart, you can assess monthly cash needs based on expected cash inflows and outflows. The blue line represents current year data, while the gray line represents previous year’s data. You can use this year-over-year comparison to spot seasonality in revenues and expenses. You can also immediately abnormal fluctuations in numbers and investigate the reason for these fluctuations further. Bookkeeper360 assigns United States-based bookkeepers—who are employees, not contractors or freelancers—to keep your books up to date.

Bookkeeper360

After setting up your accounting system, you’ll be able to use the Bookkeeper360 cloud-based platform to communicate and work with your bookkeeper or accountant. Our partners cannot pay us to guarantee favorable reviews of their products or services. You can also change it per quarter and present it as trailing 12 months, trailing 24 months, or previous calendar years.

Humans powered by technology enabling your success

Bookkeeper360 also integrates with other payroll providers like Gusto and ADP. If you decide to get this service, it will only take less than two weeks to set up. Although it can be beneficial to have a service and cost that’s designed specifically for your business, it can be preferable for business service providers to have clear and established pricing.

  • Finaloop provides accounting software specifically tailored to ecommerce companies.
  • If you have one employee, it will cost $45 per month; if you have 20 employees, it will cost $159 per month.
  • Using the app, you can keep track of business performance by looking at dashboards and auto-generated reports.

The specific bookkeeping features you receive with Bookkeeper360’s service will depend on the plan you develop. You have the option to create a custom solution; however, you can also choose one of the three pre-designed packages Bookkeeper360 offers. Trends show you business revenues, direct costs, and operating expenses along its composition. This section of Bookkeeper360 can provide you with insights regarding composition of revenues and cost behavior. The payroll team will process payroll for both employees and contractors and provide full-service support with health benefits, direct deposit setup, W-2s, and 1099s.

If you can look at a provider’s website and know exactly what to expect in terms of both pricing and service, it’s much easier to compare providers against one another. Plus, with transparent pricing laid out for customers to see, a service provider can’t try and charge you more than it does someone else. For HR solutions, the HRS360 app can be purchased monthly or annually, at $15 per month or $150 per year. If you’re interested in HR projects or consulting, prices for these services start at $1,000 for projects and $350 per month for consulting. When it comes to its payroll services, on the other hand, Bookkeeper360 bases pricing on the number of employees you have. If you have one employee, it will cost $45 per month; if you have 20 employees, it will cost $159 per month.

For technology integration and assistance, the Bookkeeper360 website states that once available, the 360app will be included in all service packages. Other custom integrations are priced per project, and you have to work with the Bookkeeper360 team directly to determine this cost. Bookkeeper360 offers tax services that include individual or business preparation and filings, sales and local 1099s reporting, as well as overall tax planning and compliance.

Bookkeeper.com

Using the app, you can keep track of business performance by looking at dashboards and auto-generated reports. You can view profit and loss details, revenues, direct costs, and net income. Upon enrollment, you’ll be assigned a dedicated bookkeeper who will work with you to figure out the best strategy for your business. That includes determining the frequency of the service and deciding whether you require services in addition to bookkeeping, such as payroll and HR or tax filing. Then, you’ll connect Bookkeeper360 to your accounting system—either QuickBooks or Xero—and work online collaboratively with your bookkeeper to manage your finances.

  • Like Bookkeeper360, Bookeeper.com is a U.S.-based online bookkeeping service provider that works with small businesses.
  • If you’re looking for a Bookkeeper360 alternative that is focused on bookkeeping, you might consider Bench.
  • Our partners cannot pay us to guarantee favorable reviews of their products or services.

If you need help, you can contact them via phone or live chat and set up unlimited meetings. They will also grant you access to their screen so that you can view your books. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. That means you’ll spend less time acting as a go-between and have more time to focus on growing your business.

When To Use Bookkeeper360

If you use a solution like Freshbooks or Wave and want to keep that software, you’ll have to search for another bookkeeping service. Aside from tax, the Bookkeeper360 team will work with you to analyze your financials and determine a strategy to manage and grow your business through the CFO advisory program. This separate service includes capital management and business coaching.

Bookkeeper360

And so, having somebody who is the best at that means that we don’t need to bring those skills in house. Our rigorous hiring policies ensure that you can rest easy knowing your dedicated accountant has the experience and knowledge to deliver high-quality work — the first time. Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces. Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. Eliminate headaches and surprises by hiring our helpful team of professional accountants and bookkeepers who get back to you quickly and treat you with the respect you deserve.

Bookkeeper360 User Reviews

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Finaloop provides accounting software specifically tailored to ecommerce companies. Perhaps one of the most helpful ways to judge a provider is by reading its customer reviews. One of the notable benefits of Bookkeeper360 is that almost all of its reviews online are extremely positive. Additionally, Bookkeeper360 offers custom app integrations based on specific project and business needs.

With the Weekly plan, you’ll receive a dedicated accountant who will perform your bookkeeping on a weekly basis. This plan will also include cash and accrual basis accounting and reporting, as well as invoice and expense management, technology consulting, monthly financial reviews and weekly catchup calls. On top of its core online bookkeeping services, Bookkeeper360 offers additional solutions for functions like payroll, taxes and HR.

She holds a Bachelor’s degree from UCLA and has served on the Board of the National Association of Women Business Owners. She also regularly writes about travel, food, and books for various lifestyle publications. It can update your books even if they’re way behind, but you have to tell your dedicated bookkeeper during the first meeting so that they know where to start. It shows that revenue sometimes increases, decreases, peaks, or plummets.

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. Bookkeeper360 is an accounting solution designed to help businesses view financial data, streamline bookkeeping operations, and track goals on a unified platform. It allows business owners to create business and financial plans, conduct cost and margin analysis, generate income statements, and calculate sales taxes. Bookkeeper360 can work with a variety of payroll solutions, including top providers like Gusto and ADP.

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