Guide to Sales Tax Nexus: Physical vs Economic? Should I be Registered and Filing in More States?

Bookkeeper360 HR support can be just the thing if you have new employees and need help handling their salaries, medical insurance, and other paperwork. You can rely on the company’s certified HR professionals to take care of department mapping, PTO, and time tracking. They will also fill in and submit all the W-2s, 1099s, and other needed forms. You can also rely on this team to help you with taxes, payroll, even HR and back-office handling. Find out more about the average bookkeeping accounting and audit clerk salary and learn where the best-paying metropolitan areas are for a bookkeeping accounting and audit clerks across the country. Our partners cannot pay us to guarantee favorable reviews of their products or services.

It is part of the Zoho suite, which includes CRM, project management, and other business applications. Maxim Liberty Bookkeeping Services has been providing professional virtual bookkeeping services since 2005. We specialize in helping small businesses save time and money with our affordable, efficient, and reliable bookkeeping solutions. This company is an excellent solution for small businesses that can’t afford an in-house accounting team. Its various plans contain all the necessary services for handling your books, taxes, and even payroll and HR responsibilities, for a relatively affordable price. For example, Catch Up and Retro Bookkeeping includes bringing your books up to date from a time before you started using Bench’s services.

From my testing, their U.S.-based team provides consistent, reliable updates, ensuring your financial records are always precise. Bookkeeper360 tackles this by pairing a dedicated U.S.-based team with an intuitive platform, giving you clear, up-to-date numbers and guidance across bookkeeping, payroll, CFO, and taxes. You get one place to manage everything and actual humans who understand your specific business. If you’re here, you’re probably tired of juggling payroll, taxes, and monthly reconciliations while your accounting software leaves you more stressed than supported. If you are looking for an alternative bookkeeping option, you should consider Bench, another online bookkeeping services provider.

Budget Planning & Implementation

Our analysis will guide you through the features, pricing, and usability of each software, so you can choose the best option for your business. Regardless of your plan, Bench connects you with a dedicated bookkeeper with whom you work to set up all of your information and accounts on the Bench platform. Best of all, Bookkeeper360 integrates directly with your favorite payroll solutions like Gusto and ADP. Moreover, just like Bookkeeper360, Bookkeeper.com offers additional services for payroll, tax planning and management, as well as general financial planning.

bookkeeper360 review

Setup Complexity & Timeline

  • Bench is also a great option if you don’t already use accounting software — as it has its own bookkeeper360 review software platform.
  • One of these services is its CFO Advisory services, in which you work with the Bookkeeper360 team to analyze your financials and determine a strategy to manage and grow your business.
  • Lastly, the app is synced hourly, so you’ll always have the freshest data available.
  • From my analysis, this solution works best for businesses prioritizing accuracy and comprehensive financial oversight over minimal cost.
  • To that end, Bookkeeper360 offers accounting, tax, and CFO services through their platform that integrates with QuickBooks, Xero, and Gusto.

The traditional cash-based accounting approach tracks money as it physically moves in and out of your accounts, perfect for smaller businesses with straightforward transactions. Meanwhile, accrual-based bookkeeping records transactions when they’re initiated rather than completed – ideal for businesses with complex revenue streams or longer payment cycles. The team can also set up the integration of ERP and your point-of-sale systems. Then, your bookkeeper will reconcile your accounts, categorize transactions, produce financial statements — overall handling your essential bookkeeping tasks on a monthly basis.

If your business sells across state lines, the sales tax nexus should be on your radar. “Nexus” is the level of activity that requires you to collect and remit sales tax in a state. Understanding where you owe tax helps you register on time and set up systems correctly. NiceJob’s Insights product provides you with actionable data and analytics to make informed decisions.

Product Details

Reviewers also generally state how using its services has benefited their business. Bookkeeper360 has an A+ rating from the Better Business Bureau and no listed customer complaints. Some of the main benefits of Bookkeeper360 is getting real-time insights into your business cash flow and performance. The platform also offers excellent collaboration features where you can access data on the go.

Accrual Basis Reporting

Bookkeeper360 is a Xero partner, so it only works with businesses that use Xero or QuickBooks as their accounting system. Its monthly plan starts at $299 for the Essential package, and $499 for Premium – which includes tax handling. As mentioned before, you can integrate it with QuickBooks and Xero for effective and accurate financial management. An individual and business filing will cost you $200 and $800 per filing, respectively.

The customer support, just like the overall team, is very knowledgeable and helpful. You can also chat with a customer representative through the live chat on its website. Its monthly plan starts at $299 for the Essential package, and $499 for Premium – which includes tax handling. bookkeeper360 review You can also use specialized bookkeeping to outsource account receivables and payables. Bench certainly doesn’t win in the additional features section of this competition, but it does have proprietary software and doesn’t rely on QuickBooks. Other integration options include Bill.com, for gathering all your invoices in one place, ADP or Gusto for handling HR and payrolls, Expensify to help streamline your expenses, etc.

  • Our team of CPAs, advisors, and technology experts have all the tools to help you succeed.
  • 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.
  • Training is included, primarily through online collaboration with a dedicated bookkeeper and in-app help tours.
  • You get one place to manage everything and actual humans who understand your specific business.
  • The dashboard is well-organized, with several tabs for an app store, taxes, bookkeeping, support, and more.

These Bookkeeper360 services can integrate with Xero and QuickBooks, are free to set up and include next-day funding. With the first plan, called the “Support” plan, you continue to manage your own bookkeeping with some assistance from the Bookkeeper360 advisors. The platform is decent enough for any business looking for accounting software to streamline their bookkeeping, tax, and payroll tasks. Maxim Liberty has been providing outsourced bookkeeping services to businesses and accounting firms in the USA and Canada since 2005.

If you have more than 30 employees, you have to contact them directly to determine the cost of its payroll services. Additionally, Bookkeeper360 offers custom app integrations based on specific project and business needs. The dedicated U.S.-based team provides expertise and the Bookkeeper 360 App offers real-time KPIs and interactive dashboards, empowering your business with crucial financial insights. It could be the perfect fit for every small business struggling with its books.

The company uses industry-standard security and encryption to safeguard data and client privacy. Bookkeeper360 has servers that get backed up regularly, giving the client control of their account. You also get customization options to your invoices, like adding a font or logo.

In remote businesses, payroll and tax management are complex and time-consuming tasks. It means you must schedule on-time employee payments, calculate taxes correctly and ensure every financial transaction is in line with the law. Merritt Bookkeeping offers a straightforward, highly affordable fixed-rate for basic cash-basis bookkeeping, focusing purely on essential services. What I found comparing options is that Merritt offers the most budget-friendly basic bookkeeping available, though it lacks Bookkeeper360’s comprehensive service suite.

If your business needs CFO advisory services, the company can include them in a custom package. It will ensure you are using the correct software and accurate data for top-notch security and error-proof business financial operations. You can expect your advisor to handle your business and financial plans and create a capital deployment strategy.