QuickBooks Online Review 2024: Features, Pros & Cons

I mentioned this as a unique feature here because it’s not something I’ve seen as mandatory with other bookkeeping software. QuickBooks is one of the best names in the accounting software industry because it is known for its flexibility to adapt to businesses of all sizes across multiple industries. New users can get help with setup by phone free of charge, which is huge. Online help seems to be better than before, with additional options for support via chat or the online community. Yes, Bench will prep and file your taxes as part of its Premium plan, which includes bookkeeping and tax for $499 a month. Available for iOS devices, Bench’s mobile app allows you to upload digital copies of bills and receipts to the Bench software for your bookkeeper to review.

• QuickBooks Live and Ignite Spot Accounting are two competitively priced services, where Decimal is substantially higher in cost for the same services.
• You meet with your bookkeepers via one-way video chat (they can’t see you) and by sharing your screen.
• In my experience, because I’m already a QuickBooks user, it loads new transactions into the system pretty fast and syncs the new data hourly.
• When you need to enter a transaction like an invoice or estimate or expense or bill, you complete online forms that resemble their real-life counterparts.
• Those businesses wouldn’t necessarily even need to use the Plus version of QuickBooks Online.

What qualifications do QuickBooks Live bookkeepers have?

They also have many online help resources, but QuickBooks Live has the edge with live chat support and the ability to communicate with your bookkeeper via one-way video chat. QuickBooks Live and Bench were very close in user reviews, but Bench was slightly better with an average score of 4.3 versus 4.2 for QuickBooks Live. We agree with those who praised QuickBooks Live’s access to a live person with a variety of communication preferences and Bench’s ease of use and intuitive interface. The decision for your business will probably not be dependent on these factors but rather on the features offered by QuickBooks Live and Bench. It connects your business with a real, live bookkeeper, who will work Food Truck Accounting one-on-one with your company. You will be assigned a single bookkeeper who will always be the one to work on your records, allowing you to collaborate in real-time and build a relationship.

Are you ready to work with Bench?

• If your monthly average is $0-10,000 per month, the monthly price for QuickBooks Live Expert Full-Service Bookkeeping is $300.
• An exceptional user experience helps you understand how to quickly find what you’re looking for.
• The QuickBooks Live Bookkeeper will help to organize and reconcile data, but some of the basic bookkeeping tasks will still need to be handled in-house.
• In some cases, your cleanup may take longer depending on timeliness of documentation and the complexity of your books.
• Answer a few questions about what’s important to your business and we’ll recommend the right fit.
• However, smaller businesses or those with simpler accounting needs may find it more costly and complex than necessary.
• The Demo Account shows all the available report options, which are only accessible via the Advanced plan.

You can also communicate with your bookkeeper through the balance sheet app or check your accounts, vendors, spending categories, and more. 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. If you need to connect more accounts, you can contact Bench for a custom quote.

Best Small Business Accounting Software in 2024

QuickBooks Live is an online bookkeeping service that connects small businesses with trusted, QuickBooks-certified virtual bookkeepers. Your bookkeeper takes the lead on your bookkeeping and runs essential reports so you can focus on your business. Some bookkeeping services can provide a full suite of bookkeeping, accounting and tax services. Examples include bookkeeping journal entries, bookkeeping ledger, bookkeeping reconciliation and bookkeeping trial balance.

Compare Bookkeeping Services

These Certified QuickBooks ProAdvisors (some of whom are CPAs) have experience working with small businesses, and they’ve received extensive training in accounting, finance, and bookkeeping. QuickBooks Live pairs you with experienced bookkeepers who can reconcile your accounts, close your books, and provide advanced reports. Thanks to its excellent administrative tools and procedures, and an exceptional user experience, you always know where your accounts stand. QuickBooks Live, Decimal and Ignite Spot Accounting are qbo login three competitors that offer subscription bookkeeping services. All three boast a dedicated team to ensure that your bookkeeper learns about your business and what makes it tick.