The prices for both QuickBooks Live and Bookkeeper360 depend on the number of monthly expenses, but Bookkeeper360 also charges differently for cash and accrual accounting methods. QuickBooks Live and Bookkeeper.com price their basic bookkeeping service based on different scales. The pricing for QuickBooks Live is based on a monthly expense cap while Bookkeeper.com prices its services based on the number of transactions per month, in addition to an annual gross revenue cap. We believe that QuickBooks Live has better pricing as its starting price is half that of Bookkeeper.com. If you’re looking for basic bookkeeping services, then it is without a doubt more affordable. If you’re in need of the customized services it provides, we recommend contacting the provider to get a custom quote before making your final decision.

The best online bookkeeping service should offer a wide range of bookkeeping solutions, including catch-up bookkeeping, invoicing, bill pay, bank reconciliation, payroll, and tax filing. During your first appointment, your bookkeeper gives you a quick tour of QuickBooks Live Bookkeeping and helps you set up your chart of accounts, connect your banks, and upload your documents. Once they have all the required information, they’ll start cleanup, which include categorizing transactions and reconciling accounts. Cleanup takes about 30 days from the time they receive everything they need from you. QuickBooks vets bookkeepers to ensure they are certified in QuickBooks accounting software and have the experience to manage accounts.

Banking Transactions

All QuickBooks Online plans come with a one-time Guided Setup with an expert and customer support. We consider the opinions of users and the service’s ratings on various review sites. These criteria were disregarded for providers where no reviews were found. In addition, we employ a comprehensive editorial process that involves expert writers. This process ensures that articles are well-researched and organized, offering in-depth insights and recommendations.

• Common payment processing options include PayPal, Stripe, Square, and Authorize.Net.
• These bookkeepers will work with you to streamline your bookkeeping procedure because they are familiar with your industry.
• You can find the coupon book online, and it advertises both in-club savings as well as online savings.
• This service gives you access to a QuickBooks debit card, cash flow forecasting, and QuickBooks Envelopes, which is a place to set aside savings.
• In comparison, we were unable to find any user reviews for Bookkeeper.com, so that was not considered in our evaluation of the service.

QuickBooks Advanced is for larger businesses requiring up to 25 users and more advanced reporting and support. Between the QuickBooks Online monthly fee, monthly payroll cost, bookkeeping support, payment processing fees, and other integrations, the cost of QuickBooks Online can add up quickly. You can set up a free consultation with the Intuit QuickBooks team to get all of the pricing details. The ultimate cost of QuickBooks Live Bookkeeping depends on the number of monthly expenses your business has and the scope of work the QuickBooks certified bookkeeper would be performing. When you purchase QuickBooks Live Bookkeeping, you get a dedicated bookkeeping expert who virtually assists you with your accounting. This service can include help with expenses, bank reconciliation, setup, running reports, and even tax support.

Frequently Asked Questions about QuickBooks Live Bookkeeping

QuickBooks Live is a large organization that leverages economies of scale to provide a good standardized service at an affordable price. Meanwhile, Bookkeeper.com is a small boutique tax and bookkeeping firm that will work with you to develop a custom plan that will meet all your needs, albeit for a higher price than QuickBooks Live. The size and complexity of a business play a significant role in determining the cost of QuickBooks Live Bookkeeping. Larger businesses with intricate financial transactions may require a more comprehensive level of support, impacting the overall expense.

We’ve updated our Terms of Service to more clearly state that we give access to bookkeepers for services like categorization, reconciliation, reports, and closing books for tax time. QuickBooks Live and Ignite Spot Accounting are two competitively priced services, where Decimal is substantially higher in cost for the same services. One thing that we found that separated QuickBooks Live from the competition was its accuracy guarantee. Some businesses will appreciate this guarantee that the service stands behind its work. If you haven’t worked with a bookkeeper before, it may take you some time to learn how to utilize the QuickBooks Live service best.

Products

The service doesn’t include financial advisory services, tax advice, facilitating the filing of income or sales tax returns, creating or sending 1099s, or management of payroll. They’ll also assist you with connecting Bookkeeper360 to your accounting system—either how to do accounting for your e-commerce store QuickBooks or Xero. You’ll then use Bookkeeper360’s cloud-based system to collaborate with your dedicated bookkeeper and manage your finances. A QuickBooks Live bookkeeper is a QuickBooks ProAdvisor who works with you to provide online bookkeeping services.

When using QuickBooks Online, you can activate your QuickBooks Live account by selecting Live Bookkeeping from the left navigation bar, as shown below. Soon after signing up, QuickBooks will match you with a bookkeeper who has experience in your field after receiving information about your company. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

What bookkeeping work am I responsible for?

QuickBooks Live received high praise from reviewers who appreciated the responsiveness and knowledge of the customer support team. They also said that the fees are affordable and the dashboard itself is easy to navigate. Two complaints are that there aren’t any bill pay or invoicing and income tax filing or advisory services available. Also, reviewers commented that they wished that QuickBooks Live offered a free trial so that they could try the service before committing. There’s some overlap with the available features for both QuickBooks Live and Bookkeeper.com, such as dedicated bookkeepers, account reconciliation, and financial reporting.

QuickBooks Live Pricing

Bookkeepers will remain proactive in reaching out to help with your books. Our partners cannot pay us to guarantee favorable reviews of their products or services. Through the categorization, reconciliation, and books close process, your Live Bookkeeper ensures your books are accurate.