Catch Up Bookkeeping Services Pricing: Understanding the Costs and Value 2023

Professional bookkeepers offer expertise, experience, and peace of mind, making them an invaluable resource for businesses seeking to maintain accurate and up-to-date financial records. Hiring a professional for catch up bookkeeping services gives you peace of mind. Knowing that your financial records are accurate and up to date allows you to focus on your business without worrying about bookkeeping tasks. Professional bookkeepers provide reliable and accurate financial information, giving you confidence in your financial management. For small and medium-sized businesses, maintaining accurate financial records is crucial for sustained growth and success.

How to pay less taxes

Monthly bookkeeping keeps your financial records accurate, up-to-date, and ready for decision-making, offering peace of mind for business owners navigating day-to-day operations. If your books are severely outdated, it’s wise to consult with a professional bookkeeper or accountant. They can help ensure that all financial data is accurate https://www.bookstime.com/ and compliant with tax laws.

Add Catch Up bookkeeping to any Bench plan

All plans come with onboarding, a dedicated bookkeeper and account manager, reconciliation at month-end, balance sheet, P&L, statement of cash flows and a portal with document storage. Higher-tiered plans unlock more transactions and a more frequent service level. It’s also ideal for brand-new businesses because FinancePal can help with entity formation. Your bookkeeping team reconciles your accounts, categorizes your transactions, and produces your financial bookkeeping catch up services statements. They also make adjustments to your books to ensure they’re accurate and tax-compliant. Occasionally we might need your input on things like categorizing a transaction properly, but we try our best to make bookkeeping as hands-off as possible for you.

Why Catch Up Bookkeeping Is Essential Before Tax Season

If you only need periodic help, pay as you go for $49 per month plus $125 per hour for support. Otherwise, monthly pricing starts at $399 and weekly pricing starts at $549 per month. Transition over to our ongoing monthly bookkeeping service to keep your books on track.

• If your monthly average is $50,001 or more, the monthly price for QuickBooks Live Expert Full-Service Bookkeeping is $700.
• FinancePal is best for small businesses that need bookkeeping assistance, including catch-up bookkeeping, entity formation and tax filing.
• If you are having difficulty securing financing, it may be due to outdated or inaccurate financial records.
• Reviewing accounts receivable allows you to follow up on unpaid invoices.
• If you need to share files with your bookkeeping team, it’s as simple as uploading a file.

We help eCommerce businesses master their finances.

With real-time insights, you can make on-the-fly decisions about where to spend and where to save, bookkeeping helping your business stay on budget. Maintain certification in both Quickbooks Online and Xero software. While Bench doesn’t offer accrual accounting services, we specialize in a modified version of cash basis bookkeeping. This approach allows us to record transactions as soon as funds are deposited into your bank or charged to your bank or credit card. Learn how to build, read, and use financial statements for your business so you can make more informed decisions.