Without stating the obvious, financial reporting helps Accounting Periods and Methods you run your business more economically. This feature helps you easily identify areas where you’re spending a little unnecessarily, which can help you save. Bench saves you time, not to mention precious hair follicles, by arranging a team of accountants (and CPA staff) to keep your books. Bench operates as a web-based service designed to help small businesses manage (and small business owner teams) their finances and accounting.

Bench.co’s Web-based Software

You’ve got a million and one other things you’d rather be doing, but instead your flicking through ledgers and zipping through excel files. You can’t find your pen and your beginning to tear chunks of hair from your skull in desperation. We use our own proprietary software to complete your books.

• Online apps tremendously improve visibility and increase ease of access.
• With our Bookkeeping & Tax plan, you get expert tax prep, filing, and year-round tax advisory support.
• You’ve heard of “spend money to make money,” but what about “spend money to save money?” That’s the case with tax deductions and you won’t want to leave any on the table.
• Join over 35,000 US-based business owners who have streamlined their finances and have grown their businesses with Bench.
• Timely responses help your bookkeeping team keep your books up to date and avoid delays.

How does Bench Accounting work?

• When you know how to read your financial statements, you can find ways to increase your profit and catch problems before they grow.
• Once your books are complete, your bookkeeper will update the status of the task on Bench’s platform to acknowledge that fact.
• And we do it in a way that’s never been done before—by pairing intuitive software with real, human bookkeepers.
• We use our own proprietary software to complete your books.
• A positive aspect of Bench is that it gives you the ability to analyze all your cash flow in one system.

Bench gives you a dedicated bookkeeping team so you have a direct line to your own experts Food Truck Accounting on desktop or mobile–professional support is just a few swipes, taps, or clicks away. Our partners at Taxfyle will file your return at the end of the year. Taxfyle experts have an average of 15 years of experience.

• In our Bench.co review you will learn more about Bench.co features, pros, cons, and factors to consider when choosing your accounting software.
• The Digital Merchant has the best strategies and tools to grow your digital business.
• You can also schedule a time for your bookkeeper to call you at no additional charge.
• Once they’ve added a new password, they’ll be able to login to Bench using their email and password.
• Bench, a Canada-based accounting startup that offered software-as-a-service for small and medium-sized businesses, has abruptly shut down, according to a notice posted on its website.

Free Course: Understanding Financial Statements

No waiting for hours on hold—just helpful customer service from real people. Message your team any time, or book a call whenever you bench accounting like. Learn more about Bench, our mission, and the dedicated team behind your financial success. Get free guides, articles, tools and calculators to help you navigate the financial side of your business with ease.

• Unlike accounting software, however, Bench doesn’t offer tools for invoicing, inventory management or bill payment.
• If getting your books caught up is your priority, our Catch Up and Retro bookkeeping teams will work with you to get your books in order, fast.
• Message your team any time, or book a call whenever you like.
• At-a-glance visual reports help you see the big picture and give you actionable insights to help you grow your business.
• This reviewer explains how they’re delighted with the customer service provided by Bench.
• Reach out anytime — we’d love to learn more about your business needs and see how Bench can support you.

Bookkeeper 360

Both Bench and Plaid are SOC-2 compliant with security practices that meet or exceed industry standards. Plaid keeps your data safe and private with best-in-class encryption protocols like the Advanced Encryption Standard (AES 256) and Transport Layer Security (TLS). There are various reasons that your login credentials may be rejected when trying to connect your accounts with Plaid. When you know how to read your financial statements, you can find ways to increase your profit and catch problems before they grow. Here are 11 alternatives to explore, each with a different emphasis in supporting your small business finances.

How can I access my data?

You will be asked to log in to your Gusto payroll account and authorize Bench to collect the data. Financial mastery is the idea that everyone, regardless of economic standing, should have full control of their finances. From creatives to chiropractors, Bench supports thousands of small business owners across the United States. See what our small business owners are up to, and join the conversation. Your Bench Tax Advisors are available year-round, and will answer your questions in two business days or less. We’re still on hand to support you, and can give recommendations based on your unique business needs.