We’re still on hand to support you, and can give recommendations based on your unique business needs. We also support clients that use other merchant processors. We’ll work with you to connect accounts and pull the data we need to reconcile your books. We use Plaid, which lets you securely connect your financial accounts to Bench in seconds.
Easy-to-Use Accounting & Bookkeeping Features
- Join over 35,000 US-based business owners who have streamlined their finances and have grown their businesses with Bench.
- Our licensed tax professionals are on hand for all your tax planning needs.
- Here is a list of our partners and here’s how we make money.
- 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.
If the 15th falls on a weekend or legal holiday, then quarterly tax payments are due the next business day. We can complete accrual adjustments like tracking accounts receivable and/or accounts payable, unearned revenue tracking, and more with our specialized accounting add-on. If we are recording accrual adjustments for you, revenues and expenses are recorded when they’re earned throughout the year, regardless of when the money is actually received or paid. At year end we will remove these accrual elements to ensure your bookkeeping is adjusted back to modified cash basis. We provide our clients with a modified form of cash basis bookkeeping.
Simplify your small business bookkeeping with Bench.
You can also easily upload documents as needed (tax returns, cash purchase receipts etc). It’s easy to view monthly or yearly financial reports with a couple of clicks. Your bookkeeper then organizes each transaction appropriately.
Simplify your small business tax filing
Prices start at $399 per month and vary depending on your total monthly expenses and whether you need cash basis or accrual basis accounting. You can also add services like payroll, invoicing, bill pay and inventory management for an extra fee. We offer year-round bookkeeping services and unlimited tax advisory support with specific plans to cover all your needs. No hidden fees, no year-end surprises—just reliable tax and bookkeeping support.
Unlike accounting software, however, Bench doesn’t offer tools for invoicing, inventory management or bill payment. Our Bench Tax Advisors are licensed tax professionals that facilitate the preparation of your income tax return, review it with you and then get it filed with the IRS and your state. They also provide unlimited, year-round advisory services. bench tax login 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. Quarterly taxes are due on the 15th of April, June, September and January (of the following year).
If you are working with a CPA or tax professional, they can use the 1099 report from Bench to file for you. Within the Bench app, we protect your data with 256-bit SSL/TLS encryption. That’s the same level of encryption you’ll find with online banking and online shopping. QuickBooks and other bookkeeping software give you a tool to do your own bookkeeping. Get so much more time to land clients, stay connected to projects, and grow your business. Promotional offers for both monthly and yearly plans are for a limited period.
You’ll receive real support from real humans, allowing you to take the guesswork out of running your business. That’s why your dedicated Tax Coordinator supports you through the entire process. Need help tracking down tax-related documents or info? We call it the Year-End Financial Package, and it’s your golden ticket for a stress-free tax season. Whatever stage your business is at, Bench covers your tax prep, filing, and advisory from start to finish.
Your bookkeeper reconciles your accounts, categorizes your transactions, and produces your financial statements. They also make adjustments to your books to ensure they’re tax-compliant. Occasionally your bookkeeper 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. Our intuitive software automates the busywork with powerful tools and features designed to help you simplify your financial management and make informed business decisions.
If they have questions, they message you and provide you with an easy way to acknowledge any unknown transactions. During your demo, we’ll walk you through the services included in each Bench bundle to determine which is the best fit for your business. $399/month (billed annually) or $499/month (billed monthly). $249/month (billed annually) or $299/month (billed monthly).