what is bookkeeper360

The blue line represents current year data, while the gray line represents previous year’s data. You can use this year-over-year comparison to spot seasonality in revenues and expenses. You can also immediately abnormal fluctuations in numbers and investigate the reason for these fluctuations further. You can also reach out to your dedicated adviser through the Tasks section, which eliminates the need to email your bookkeeper if you have questions.

Kruze Consulting’s tax advisory work is reducing clients’​ burn, and Kruze’s team recommends and sets up financial and HR systems that help make data-driven startup founders more productive. The company was founded in 2012 and is based in San Francisco, California. Bookkeeper360 can work with a variety of payroll solutions, including top providers like Gusto and ADP. It also gives you the option to integrate Xero with these different solutions to sync your payroll data. Aside from tax, the Bookkeeper360 team will work with you to analyze your financials and determine a strategy to manage and grow your business through the CFO advisory program.

Bookkeeper360 Mobile App

If you need help, you can contact them via phone or live chat and set up unlimited meetings. They will also grant you access to their screen so that you can view your books. That means you’ll spend less time acting as a go-between and have more time to focus on growing your business. You don’t have time to clean up messy books or deal with the IRS notices that result from inaccurate tax filings.

  • She holds a Bachelor’s degree from UCLA and has served on the Board of the National Association of Women Business Owners.
  • You can also opt to use the Bookkeeper360 App without subscribing to the bookkeeping service for $19 per month.
  • It allows businesses to manage the company’s financial and accounting data.

Whichever solution you choose to outsource the tedious tasks behind running a business, you can rest assured that they will be safe and sound in the hands of experienced professionals. Bench is a worthy alternative to Bookkeeper360 if you’re looking for a tech-savvy provider that focuses largely on bookkeeping. Bench is also a great option if you don’t already use accounting software — as it has its own software platform. Unlike Bookkeeper360 and Bookkeeper.com, Bench offers the same service regardless of your plan, the price only changes based on the amount of your monthly expenses. Bench offers its services in five plans, designed to accommodate businesses of different sizes based on their monthly expenses.

Integrations

You have the option to create a custom solution; however, you can also choose one of the three pre-designed packages Bookkeeper360 offers. If you’re using Xero or QuickBooks, both the desktop and mobile apps will connect to your account and https://www.bookstime.com/ provide information like scorecards and metrics. Using the app, you can keep track of business performance by looking at dashboards and auto-generated reports. You can view profit and loss details, revenues, direct costs, and net income.

  • Our fractional CFO services include a dedicated CFO who will understand the ins and outs of your business.
  • Bookkeeper360 clients will receive and enjoy the most delightful cloud-based applications, client advisory, and general business success.
  • If you’re interested in HR projects or consulting, prices for these services start at $1,000 for projects and $350 per month for consulting.
  • This company is an excellent solution for small businesses that can’t afford an in-house accounting team.
  • Unlike Bookkeeper360 and Bookkeeper.com, Bench offers the same service regardless of your plan, the price only changes based on the amount of your monthly expenses.
  • Bookkeeper360’s service does not require a contract, and you can cancel at any time.

The charts will show your cash inflows and outflows for the past 12 months, past 24 months, last calendar year, last two calendar years, and last three calendar years. It also shows cash insights by computing your net cash after deducting credit card liabilities. Xero doesn’t assess any individual advisor’s or firm’s proficiency as an accountant, bookkeeper or financial advisor. And Xero certified advisors and advisors with industry or bank specialisations are not employees of Xero. The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Bookkeeper360 offers four price plans to meet the needs of many types of businesses.

Compare Bookkeeper360 to Competitors

You can also change it per quarter and present it as trailing 12 months, trailing 24 months, or previous calendar years. The columns represent the volume of cash inflows and outflows while the line shows your net cash position. By using this chart, you can assess monthly cash needs based on expected cash inflows and outflows. To give you an idea of the price range, we’ll do a quick overview of the starting packages this company offers. Hivewyre provides ecommerce analytics and self-service display advertising solutions for online retailers and direct marketers. We don’t review advisor listings and we don’t recommend or guarantee the service provided by any one advisor, so make sure you check them out yourself and get comfortable with them yourself.

The Advisory plan starts at $700 per month and the Coaching plan starts at $1,500 per month. If you need to be able to accept credit card payments at your business, Bookkeeper360 also provides merchant services. These Bookkeeper360 services can integrate with Xero and QuickBooks, are free to set up and include next-day funding. Bookkeeper360 offers HR support for small businesses through a tool called HRS360. With this app, you’ll have access to a forms library, salary benchmarking tools and HR professionals.

Bookkeeping

The company’s accounting team of certified experts is also available through the app. What’s more, you can add multiple companies to a single account, or set up unlimited users and their permissions. Lastly, the app is synced hourly, so you’ll always have the freshest data available. It covers setting business and financial goals, profit, cost, and margin analysis, and corporate governance.

what is bookkeeper360

Bookkeeper360, founded in 2012, is a financial technology firm that offers accounting and cloud-based bookkeeping and business advisory services. As a Xero Platinum partner, Bookkeeper360 provides seamless integration with Xero’s cloud-based accounting software. However, with Bench, tax-handling is available only with a premium plan.

Bookkeeper360 Revenue and Competitors

Ensure that your company and products are accurately represented on our platform. Bookkeeper360 is best suited for smaller companies that use Xero or are looking for an alternative to QuickBooks. They work with small-to-medium businesses and strive to innovate the way they maintain their accounting to fuel overall growth of the business. Bookkeeping is the core service that Bookkeeper360 offers and is available by signing up for a consultation with its U.S.-based team. Danielle Bauter is a writer for the Accounting division of Fit Small Business.

what is bookkeeper360

In the example above, the cash burn rate is 13 months, assuming the average monthly cash outflow remains the same. I think the biggest thing for me with Bookkeeper360 https://www.bookstime.com/articles/bookkeeper360 is just the time savings. And so, I don’t have to spend the time that we were spending in-house to deal with all of these bookkeeping issues.