![]() ![]() Best of all, this is included in its Premium bookkeeping plan at just $499 a month. This includes filing of both individual and business tax returns, and unlimited year-round tax advisory services. More than just a bookkeeping service, Bench offers a variety of services that are useful for small businesses needing tax assistance. It is unclear whether this includes invoicing and bill pay. A/R and A/P Tracking: Bench Winsīench offers A/R and A/P tracking as an add-on service, which lets you track your A/P and A/R. But with QuickBooks, you can integrate data, such as inventory, to obtain a comprehensive picture of your business. This online bookkeeping service is best for freelancers and small businesses. However, Bench’s proprietary software lacks any sort of application programming interface (API) that allows you to combine financial and nonfinancial data. Additional pricing tiers (per month): 20, 50, 70, 150, 275. QuickBooks Live can do a bit more heavy lifting because of the software itself, which is far more customizable and has more features, but Bench offers additional services besides bookkeeping. Both offer “lightweight” bookkeeping services, providing you with financial reports and reconciling your accounts every month. Features: Bench WinsĬomparing QuickBooks Live vs Bench in terms of features, Bench takes the win. If you need to connect more accounts, you can contact Bench for a custom quote. QuickBooks Live allows you to connect an unlimited number of accounts while Bench users can only connect up to 15 merchant, bank, credit card, and loan accounts for free. For Bench, there’s a free trial available for one prior month of bookkeeping, which will be completed in one to two days. ![]() QuickBooks Live doesn’t offer a free trial, but you can book a free consultation and you can switch or cancel service at any time without incurring fees. It even offers a specialized bookkeeping service for an additional $100 monthly for businesses needing to track accounts payable and accounts receivable. Meanwhile, Bench has two subscription plans available: one provides basic bookkeeping while the other includes tax preparation, filing, and planning services.īench also has Catch Up and Retro bookkeeping services for businesses that are behind on their bookkeeping, starting at $299 a month. There are three levels of service available for QuickBooks Live, which vary in price depending on your company’s monthly expenses, and they range from $200 to $400 per month. ![]() It is for these reasons that we selected Bench as the winner of this category. There’s an initial cost for onboarding for QuickBooks Live-and you’ll have to contact the provider for the price since it no longer discloses the fee (used to be $500)-while Bench doesn’t charge an onboarding fee. QuickBooks Live works with any version of QuickBooks Online, which starts at $30 a month for QuickBooks Simple Start while Bench has its own proprietary software. Bench pricing is flat-rate, and QuickBooks Live is priced based on your monthly expenses, regardless of the number of transactions you have. ![]()
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