Where Do You Need Bookkeeping Services?
Go Girl Finance understands how time consuming small business bookkeeping services can be and how valuable your time actually is as a business owner. Keeping your books in order is the first step in being successful and in order to grow your small business, you need to know that you have the right company helping you along the way. We have compiled all the information you need to make an informed decision when it comes to outsourcing bookkeeping for small businesses to ensure best practices are met.
Bookkeeping services for small business can help you remove multiple steps from your workflow to comply with not only business best practices, but also to stay on top of tax payments and reporting, payroll and other necessary services. When you outsource with bookkeeping services to a partner that specializes in small to medium sized clients, you can rest assured that the job is being taken care of and allows you to focus on your business.
As with any important business decision, if you do your homework you can get the lowest bookkeeping service pricing with our quick comparison. Of course the types of accounting services can vary between different providers so it is important you are comparing apples to apples. Go Girl Finance has done the legwork to provide you a basic understanding of the cost of bookkeeping services for just about any type of small or medium sized business.
When you need help with invoicing, collections and accounts receivable, just getting pricing for accounting services can be daunting with so many options. Some companies may only offer a flat monthly fee for end to end accounting services that is all inclusive. Other companies offer a monthly payment plan with additional tasks like bank reconciliations and custom reporting offered on an la carte basis. For most small businesses, basic bookkeeping service costs $110 per month up to $1000 per month for more complex situations or high volumes of transactions.
Some things to consider to reduce the costs:
While there are plenty of small business accounting companies that continue to pop up, we have found a few that we trust in both their tech and customer service support. These include Basis 365 Accounting, bookkeeper.com, Bench, Merritt Bookkeeping, Bookkeeper360, Pilot, AccountingDepartment.com, Flatworld Solutions and KPMG Spark, just to name a few. Here are the best small business accounting companies picked out by our experts at Go Girl Finance, along their pros and cons:
Bench -- A top of the line company that is highly tech savvy with their own app so you can access your info on the go. Bench offers a variety of services that are great for small businesses just starting out. You can use them continuously or on an as needed basis.
Bookkeeper.com -- A top all-in-one bookkeeping service that can handle all accounting tasks necessary, from daily bookkeeping to end of the year tax prep. Offers multiple pricing tiers to suit your needs and can add on tasks as needed.
Basis 365 Accounting Services -- A top notch bookkeeping company that offers exceptional accounting professionals.
Virtual Bookkeeping - In this day and age, virtual bookkeeping services is a great option for small businesses. Available no matter where you go, using a virtual bookkeeper means you can still get the job done even when you are out on the road or visiting clients. This is ideal for companies looking to eliminate a paper-trail as well companies already doing many business related activities like banking and payroll online.
Local Bookkeeping For Small Businesses - If you like working face to face with a bookkeeping company or have a lot of physical paperwork, this type of service will be ideal. Combine the convenience of in office visits with a local accounting service and online chat and video video support necessary.
Here are a few typical services you can expect a dedicated accounting service to offer, although these are not all inclusive.
With modern web based applications, mobile apps and customer service tools like instant chat, you can run your company’s finances from anywhere with ease. without ever having to have an accountant step foot in your door. Small business accounting can end up being a hassle when you don’t know what you are doing especially when it comes to your employees or even tax preparations. Knowing that all your finances are being handled appropriately and in a timely fashion means less worry for you as a small business owner.
As a small business owner, it is important to prioritize not only your business needs, but also your time. Our experts at Go Girl Finance believe that outsourcing your bookkeeping services is highly beneficial and can be cost-effective in the long run. Companies who specialize in accounting services for small business are able to get the job done correctly so that you don’t have to.