Not sure where to start or which accounting service fits your needs? Our team is ready to learn about your business and guide you to the right solution. While many reviews speak highly of QuickBooks and the Live service add-on, there are several complaints about the time it takes to get in touch with someone and how long it takes to get the books sorted. One thing “unique” to QuickBooks Live Bookkeeping is the one-time set-up fee, which you pay as a clean-up fee to get your books in good working order before your service actually begins. QuickBooks doesn’t require you to add on Payroll and Tax management, so you’ll have to pay extra for that, should you decide you need it.
Live Expert Full-Service Bookkeeping
- You probably spend the bulk of your time in QuickBooks Online Plus entering transactions like invoices and sales receipts and recording payments.
- When you sign up for QuickBooks Live Bookkeeping, you are connected with a QuickBooks ProAdvisor, which is a bookkeeper certified by QuickBooks.
- After you sign up, you’ll provide QuickBooks with information about your business, and within a few minutes, you’ll be matched with a bookkeeper who has expertise in your industry.
- QuickBooks Live takes on the tasks that are more advanced than these core capabilities.
- For example, you don’t have to worry about importing your bank statements, since they’re brought in automatically.
Feel confident about your business and your books with QuickBooks experts by your side to help you succeed. Xero doesn’t have an add-on support program, but like QuickBooks Plus, it has a large network of advisors that you can hire for one-on-one work. Zoho Books’ advisor network is growing but is not as well-developed. Learn more about Bench, our mission, and the dedicated team behind your financial success. Learn how to build, read, and use financial statements for your business so you can make more informed decisions.
Bench can provide your small business with a more holistic approach to financial management, combining comprehensive bookkeeping and tax services tailored to your unique business needs. Remember these pricing plans are separate from the QuickBooks Online subscription, which ranges from $25 to $180 per month, depending on your subscription plan. Since you cannot get a QuickBooks Live subscription without first having a QuickBooks Online subscription, you’ll effectively be paying for two subscriptions for the real-time bookkeeping services. While QuickBooks Live provides valuable bookkeeping support in real-time, it’s not a full-service accounting solution. QuickBooks Live bookkeepers can’t make business decisions on behalf of clients, create budgets, or provide financial planning advice.
See Bench’s features in action
Live bookkeepers aren’t responsible for errors resulting from incorrect information that you provide, or if you re-open the books by overriding closure after a Live Bookkeeper completes the month-end closure. If you invoke the guarantee, QuickBooks will conduct a full n evaluation of the Live Bookkeeper’s work. You can cancel your QuickBooks Live plan or upgrade from Live Expert Assisted to Live Expert Full-Service Bookkeeping at anytime. To downgrade from Expert Full-Service Bookkeeping, you may need to wait until the end of your current subscription billing period.
Why You Can Trust Fit Small Business
With so many options available, knowing which one best suits your needs can be hard. Dig into the details and see if QuickBooks Live is right for you with this comprehensive review of features, use case scenarios, and pricing plans. If you’re looking for a flexible stay-at-home job, part time or full time, you can become a remote (virtual or online) bookkeeper with little to no experience or degree. In sum, QuickBooks Live is a simple and very budget friendly service, and that is reflected by its variable quality.
Answer a few questions about what matters to your business and we’ll recommend the right fit. If they discover an error that requires re-opening your books for any month, they’ll correct it at no charge to you. Questions and answers about starting, owning, and growing a small business only. Cleanup typically takes 30 days once you upload your required docs.
The easiest way to answer that question is to start out with your preferred investment approach. Since you’re interested in Bookkeeping Services, here are some other reviews you might find interesting. Many, or all, of the products featured on this page are from our advertising partners understanding gaap vs ifrs who compensate us when you take certain actions on our website or click to take an action on their website.