![]() ![]() She is able to access the vast majority of our information directly through QuickBooks, Square, PayPal, Stripe, Braintree, and our online banking. With all systems in place, the monthly process is straightforward and simple. In particular, I was surprised to find out that they had experience with all the systems were currently using, such as Square, Stripe, QuickBooks, and even Braintree. Once again, impressive, as the sales rep was friendly and casual while still providing detailed answers to all my questions. So if someone is willing to call and talk to me about their business, even if it’s a sales pitch, I’m listening. Even for products and services I will likely not use, I seem to have a fascination with learning about the offerings and inner workings of other businesses. I arranged a phone meeting to feel them out, which is something I do more often that I would like to admit. On that count, I was immediately impressed – visually attractive, yet simple and informative. As someone who designs websites for a living, I put a lot of stock in the appearance and functionality of a company’s website. I found Bench Accounting through a simple search for bookkeepers specializing in start-ups. Bookkeeping seemed like a good place to start. We were at a point in the lifecycle of our business where it had become clear that we needed to take some tasks off our plate to allow us to focus on the things we do best. All the bookkeepers we had worked with up to that point had struggled to understand our financial processes and the nuances of our business. The main problem was simply the complexity of our business – half brick and mortar creative agency and half SaaS (Software as a Service) company, plus some custom-built eCommerce software, and about a dozen third-party applications and APIs – Even I had a hard time keeping up with how money was coming and going. Over the first two years that we were in business, we cycled through a seemingly endless parade of bookkeepers, never managing to find a good fit. ![]() ![]() So now that you understand what offers, here’s our experience working with them What brought us to The Bench staff is available to field questions from your CPA during tax time – coordinating with your other professionals to ensure a seamless transition of information. Secure data transfer, easy categorization, and effective messaging are all focal points. Modern, innovative software allows businesses to access and transfer records online or even on their phone. In the event of an audit, they’ve got you covered. Their dedicated team of bookkeepers have extensive experience and are available to provide support and answers to your questions. Prior to working with Bench, this was our biggest pain point that we were eager. The report outlines the usual data plus a general ledger, trial balance, and journal entry summary. In addition to the monthly reports, Bench provides a comprehensive annual report for use when filing income taxes (For U.S and Canadian tax agencies). Reports displaying income, expenses, and profits make it simple to recognize patterns and trends in your finances as well as summarize complicated financial activity. You can access monthly income statements and balance sheets with descriptive categories make it easy to track changes and monitor financial progress over time. It’s generally the same experience you would get from your friendly local bookkeeper, except all communication is managed online through their software, which includes a real-time chat feature. And most importantly for us – Remnids your of what you need to do and when. Your own personal accountant/bookkeeper – Again, human.īench matches you with your own personal bookkeeper who personally manages all of your bookkeeping needs. The important thing to stress here is that there are actually people doing your bookkeeping, facilitated through their own proprietary software. Your business provides statements and transactions each month and a team of Bench bookkeepers compiles it into necessary reports and data. Although their services can be customized to meet the needs of the client, their available features include the following: Autonomous Bookkeeping – By humans As a result, this type of online bookkeeping and accounting solution represents an innovative alternative to working with the neighborhood bookkeeper. Most small and even many medium-sized businesses do not produce enough volume to warrant keeping a full-time accountant or bookkeeper on staff. Self-described as “America’s largest bookkeeping service for small businesses,” and recently launched in Canada, Bench offers businesses the ability to outsource their day-to-day bookkeeping tasks. First, let’s talk a little bit about what Bench Accounting is and then we’ll get into our own experience. ![]()
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