Bench Accounting Review: Pricing, Features, Alternatives

Ultimately, the decision to use Bench Accounting should be based on your specific business needs, budget, and preference for human-assisted vs. purely software-based solutions. With its combination of dedicated bookkeepers and user-friendly software, Bench offers a compelling option for many small business owners seeking to simplify their financial management. Bench Accounting is an online bookkeeping bench accounting reviews service that combines proprietary software with human expertise.

How Bench Helped Gaming Entrepreneur Stephen Works Manage His Multiple Income Streams

This integration streamlines transaction tracking and reduces manual data entry.

You’re our first priority.Every time.

One user commented recently that they don’t follow up in a timely manner, and another shared that you can never get ahold of anyone when you need them, only by appointment days later. There are some times that we’ll request documents from you (like account statements or receipts), just to ensure the information we have is correct. If you need to share files with your bookkeeping team, it’s as simple as uploading a file. We’ll work with you to connect accounts and pull the data we need to reconcile your books.

Paloma Concordia talks about money mindset and why investing in yourself and tools like Bench Accounting and FreshBooks always pays off. The magic happens when our intuitive software and real, human support come together. Book a demo today to see what running your business is like with Bench. Bench has been a lifesaver for my business—classy, reliable, and always on point with deadlines.

I’ve been with Bench for nearly three years, and it’s been a game-changer for my business. My books are completely handled, giving me peace of mind knowing everything is up to date and IRS compliant. Their team is reliable, responsive, and makes accounting feel effortless. I never have to worry about staying on top of my finances because Bench takes care of it all. I genuinely look forward to maintaining my subscription and would highly recommend their services to any business owner who values efficiency and professionalism!

  • Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.
  • I signed up for historical bookkeeping and ongoing monthly bookkeeping in October 2024.
  • We evaluated whether the online bookkeeping service offered tax and consulting, and the scope of those services.
  • Bench partners with Taxfyle for filing your return at the end of the year and offers 1099 reporting, with reports available year-round.
  • We are delighted to hear about your positive experience with Bench Accounting.

The proprietary software doesn’t integrate with anything like Quickbooks. You can connect your bank accounts, credit card accounts, and a few merchant accounts in a few clicks. The basic plan for small business owners covers monthly bookkeeping and tax-ready financial packages. Bench’s Essential plan includes the preparation of a year-end financial package needed to file your taxes. To make taxes more hassle-free, you can upgrade to the Premium tier, which includes unlimited bookkeeping and tax support. Premium also has filing for sole proprietors, contractors, and businesses (S-corps, C-corps, and partnerships).

Catch-up Bookkeeping

At the end of each fiscal year, Bench prepares a comprehensive financial package that includes all necessary documents for tax filing. This feature significantly simplifies the tax preparation process. However, as a result, you can quickly outgrow the scope of Bench’s accounting services if you ever look to scale your operation. For example, Bench doesn’t support the accrual accounting basis, which you must adopt if you want to engage in fundraising. Zeni also appreciates the value of personalized, human support, so all of our customers have access to the Zeni Finance Concierge. It serves as a convenient point of contact for all your support needs, whichever service you need help with.

Also, it doesn’t have financial planning services like investment and business expansion. Finally, because it operates on proprietary software, it doesn’t sync with commonly used accounting solutions like QuickBooks Online and Xero. Bench Accounting is a virtual accounting service provider that offers bookkeeping and tax support for businesses and individuals.

Bench uses its own accounting software that helps automate repetitive tasks, like expense tracking and categorization. However, Bench customers are also assigned a team of human experts who provide ongoing support. I love the customer service, that is a game changer for me because there’s nothing worst than to feel left in the dark about my business accounting. I didn’t give a 5 stars because the reporting is not 100% updated on my report portal so there’s a delay on the monthly bookkeeping. The people, organization, resources, and software are top-notch. The price, however, is too much for someone who is self-employed or a small business owner with limited transactions.

What I really appreciated about Bench as a small business owner is the access to the research team to ask questions. Bench offers 1099 reporting, with year-round reports available. Any 1099 transactions are categorized according to date, details, and the payee name, so it’s easier to process with the IRS when the time comes. If you’re just testing something to see if it will work for you, connecting all your bank accounts is quite a hassle, only to discover later it’s not what you expected it to be.

Those who left a Bench bookkeeping review on third-party sites said that the platform is easy to use and that the user interface is very intuitive. They also like the ability to access Bench from anywhere when on the go and its unlimited year-round tax and consulting services. The ability to add transactions from both personal and business accounts is also a bonus. For bookkeeping novices who want a hands-off approach, Bench is an ideal solution.

Competitive pricing

They are nationwide, specialize in dozens of industries, and handle sales tax and payroll. It includes everything in the bookkeeping plan, plus annual income tax filing and access to a team of licensed professionals to help minimize your tax liability. Bench helps small business owners like you save time and money doing your bookkeeping and income taxes. If Bench’s lack of accounting integrations is a concern, instead consider QuickBooks Online with QuickBooks Live full-service bookkeeping added on. In general, the QuickBooks platform is more scalable and widely used among accountants, so it could be a better solution for a rapidly growing business. The service starts at $200 per month and requires a one-time cleanup fee.

It’s a web-based application, so you can access it from anywhere with an internet connection. Bench has a dedicated iOS app for Apple users, but Android users are out of luck as of this review in December 2023. Once your bookkeeper wraps up your books every month, the information is reviewed by an in-house support team that ensures accuracy. Also, they never make assumptions about your business, preferring instead to reach out with any questions. A common theme among negative reviews is the lack of responsiveness from customer support.

You won’t need any other software to work with Bench—we do everything within the platform. If you’re switching from QuickBooks, we’ll work from your closing balances to do your bookkeeping going forward. If you’re not sure whether your closing balances are accurate, we recommend chatting with one of our Onboarding Specialists about Catch Up bookkeeping.

“I tried doing my numbers and filing taxes myself, and then I continued to try, and I just was like, I’m spending way too much time being miserable doing this.” We use dedicated people and clever technology to safeguard our platform. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. We are delighted to hear about your positive experience with Bench Accounting.

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