The specific bookkeeping features you receive with Bookkeeper360’s service will depend on the plan you develop. You have the option to create a custom solution; however, you can also choose one of the three pre-designed packages Bookkeeper360 offers. Bench provides simple visual reports that you can access online or from the Bench app. These reports can help you understand your expenses better (where your money is going), and other financial trends to help you run your business more effectively. On the other hand, if most of your records are digital—you use online banking, and accept credit card payments—you may be better off using a virtual bookkeeping solution like Bench.

• Bookkeeper360 is working on its own application, 360app, that will allow you to manage all of your Bookkeeper360 services, from accounting to financial planning, in one place.
• While it lacks its own mobile app, you can use QuickBooks Online’s app to access your books.
• 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.
• "They're doing it in a similar way that we're doing it," Carlisle said.
• The best on our list is what we think is best for most, not for everyone.
• On top of its core online bookkeeping services, Bookkeeper360 offers additional solutions for functions like payroll, taxes and HR.

QuickBooks Live is an online bookkeeping service that’s offered directly by QuickBooks Online, which we ranked as the best small business accounting software. QuickBooks Live excels at helping QuickBooks users with the fundamentals of managing bank feeds, classifying transactions, reconciling accounts, and printing financial statements. Bench offers straightforward bookkeeping and proprietary software, with the option to add tax filing and catch-up bookkeeping services.

Pilot vs. Bench—Which Online Bookkeeping Service is Better?

On the whole, Bookkeeper360 is a good solution for startup and growing companies. Under cash-basis accounting, revenues and expenses are recorded when cash is paid or received. Meanwhile, accrual accounting records revenue and expenses when earned or incurred.

The company provides financial solutions such as bookkeeping, tax management, accounting, payroll management, and more. It primarily serves the small business sector, particularly those in the self-employment industry. Freelancers and startups often working remotely will appreciate bookkeeper360 the iOS mobile app that provides financial reporting functionality and real-time cash flow updates. Upon enrollment, you’ll have access to a team of in-house bookkeepers, and you can book a monthly check-in or tax season review call with them at no additional charge.

What are the benefits of using an online bookkeeping service?

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. If you’re looking for a Bookkeeper360 alternative that is focused on bookkeeping, you might consider Bench. With Bench, you not only receive online bookkeeping services but access to its proprietary bookkeeping software as well.

• We found only a few user reviews of Bookkeeper360, but most of the scores are high.
• Bench offers straightforward bookkeeping and proprietary software, with the option to add tax filing and catch-up bookkeeping services.
• Also, your Bench bookkeeper uses the company’s proprietary software to work on your books, whereas your Bookkeeper360 bookkeeper uses Xero or QuickBooks.
• Bookkeeper360 has upfront pricing on bookkeeping packages for companies with less than $100,000.
• In our evaluation of the leading online bookkeeping services, we rated Bookkeeper.com as the best virtual full-service accounting firm.