{"id":562,"date":"2020-11-19T10:03:31","date_gmt":"2020-11-19T10:03:31","guid":{"rendered":"https:\/\/dudleyboys.xyz\/adil\/?p=562"},"modified":"2024-06-26T09:36:43","modified_gmt":"2024-06-26T09:36:43","slug":"quickbooks-live-vs-bench-accounting-comparison","status":"publish","type":"post","link":"https:\/\/dudleyboys.xyz\/adil\/quickbooks-live-vs-bench-accounting-comparison\/","title":{"rendered":"QuickBooks Live vs Bench Accounting Comparison"},"content":{"rendered":"<p><img decoding=\"async\" class='wp-post-image' style='display: block;margin-left:auto;margin-right:auto;' src=\"https:\/\/www.bookstime.com\/wp-content\/uploads\/2020\/07\/pic2.png\" width=\"259px\" alt=\"bench accounting software\"\/><\/p>\n<p>Before joining NerdWallet in 2020, Sally was the editorial director at Fundera, where she built and led a team focused on small-business content and specializing in business financing. Your financial statements are more than a look at how your business performed in the past. Choosing an accounting software for your small business is no small decision, and it shouldn\u2019t be made overnight. The term software integration refers to the process of joining two or more software applications so they work in tandem. Accounting software, like most software, is limited in its abilities because it\u2019s designed to address a specific need.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_69 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #282828;color:#282828\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #282828;color:#282828\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/dudleyboys.xyz\/adil\/quickbooks-live-vs-bench-accounting-comparison\/#The_Best_Real_Estate_Accounting_Software_of_2024\" title=\"The Best Real Estate Accounting Software of 2024\">The Best Real Estate Accounting Software of 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/dudleyboys.xyz\/adil\/quickbooks-live-vs-bench-accounting-comparison\/#Built_for_small_business\" title=\"Built for small business\">Built for small business<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/dudleyboys.xyz\/adil\/quickbooks-live-vs-bench-accounting-comparison\/#Simple_straightforward_pricing_for_everything_your_business_needs\" title=\"Simple, straightforward pricing for everything your business needs.\">Simple, straightforward pricing for everything your business needs.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/dudleyboys.xyz\/adil\/quickbooks-live-vs-bench-accounting-comparison\/#Pricing_Bench_Wins\" title=\"Pricing: Bench Wins\">Pricing: Bench Wins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/dudleyboys.xyz\/adil\/quickbooks-live-vs-bench-accounting-comparison\/#Intuit_QuickBooks_Pro\" title=\"Intuit QuickBooks Pro\">Intuit QuickBooks Pro<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"The_Best_Real_Estate_Accounting_Software_of_2024\"><\/span>The Best Real Estate Accounting Software of 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The main reason the platform didn\u2019t score better in our Bench Accounting review is that it lacks bill payment and invoicing services, but most companies choose to handle those back-office tasks themselves. Also, it doesn\u2019t have financial planning services like investment and business expansion. Finally, because it operates on proprietary software, it doesn\u2019t sync with commonly used accounting solutions like QuickBooks Online and Xero.<\/p>\n<ul>\n<li>We feel this is mainly because of the quality of its customer service, which has been described as both responsive and knowledgeable.<\/li>\n<li>Get intuitive software that syncs directly with your small business accounts to deliver tidy, perfect books each month.<\/li>\n<li>However, we declare Bench as the overall winner in our comparison of QuickBooks Live vs Bench because of the additional services Bench offers and its superior pricing.<\/li>\n<li>The functionality of the platform could be especially useful for businesses that have a lot of transactions, like e-commerce or restaurant businesses.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Built_for_small_business\"><\/span>Built for small business<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Impact on your credit may vary, as credit scores are independently determined by credit bureaus based on a number of factors including the financial decisions you make with other financial services  organizations. Or, let us handle the year end prep and filing for you with BenchTax. Get intuitive software that syncs directly with your small business accounts to deliver tidy, perfect books each month. After the 4-month promotional period, you will be billed at full price for the plan you have selected. Kelly Main is a Marketing Editor and Writer specializing in digital marketing, online advertising and web design and development.<\/p>\n<p><img decoding=\"async\" class='aligncenter' style='display: block;margin-left:auto;margin-right:auto;' src=\"https:\/\/www.bookstime.com\/wp-content\/uploads\/2019\/09\/image_2019_08_22T15_42_16_396Z-300x200.png\" width=\"258px\" alt=\"bench accounting software\"\/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Simple_straightforward_pricing_for_everything_your_business_needs\"><\/span>Simple, straightforward pricing for everything your business needs.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style='text-align:center'><iframe width='561' height='313' src='https:\/\/www.youtube.com\/embed\/rrSOKWI9k7Q' frameborder='0' alt='bench accounting software' allowfullscreen><\/iframe><\/div>\n<p>When comparing services, ensure you&#8217;re pricing out all the features you need, including add-on services like tax prep, payroll and HR. If you&#8217;re considering a bookkeeping service that runs on QuickBooks or Xero, include the cost of that software, too. Take advantage of product demos and introductory calls to find the right service. Online bookkeeping services typically offer a dedicated contact or team  \u2014 but these are still virtual bookkeepers, available by email or occasionally by phone.<\/p>\n<p>QuickBooks Live allows you to connect an unlimited number of accounts while Bench users can only connect up to 15 merchant, bank, credit card, and loan accounts for free. If you need to connect more accounts, you can contact Bench for a custom quote. Shortly after you sign up, we\u2019ll give you a call to learn more about your business and bookkeeping needs. On this call, we\u2019ll connect your accounts to Bench, and gather any extra documentation we need to complete your books. QuickBooks, Xero and other do-it-yourself bookkeeping software give you a tool to do your own bookkeeping and taxes.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Pricing_Bench_Wins\"><\/span>Pricing: Bench Wins<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bench.co will set up a specialist bookkeeping team for you priced at $83 per month. You can avail of specialized bookkeeping with all plans as an add-on. Doing so provides Bench with the ability to import all your transaction and expense data to compile your books. Such a setup can be daunting for some because let\u2019s face it \u2013 nobody likes sharing their financial information with anyone. But doing it through an online platform, well, it\u2019s fair to say it feels like an even bigger security risk.<\/p>\n<p><img decoding=\"async\" class='aligncenter' style='display: block;margin-left:auto;margin-right:auto;' src=\"https:\/\/www.bookstime.com\/wp-content\/uploads\/2021\/06\/8b28e7e2-fec4-473d-beb5-c53b7a7665f2.jpg\" width=\"250px\" alt=\"bench accounting software\"\/><\/p>\n<p>That means you\u2019ll never lose access to your data within our platform. All reports can be easily exported to an Excel file to share with your accountant or future bookkeeping provider. Once you securely connect your financial accounts to the Bench platform, we\u2019ll pair you with a dedicated bookkeeper. With&nbsp;FreshBooks&nbsp;Payments you can start accepting credit <a href=\"https:\/\/www.bookstime.com\/\" target=\"_blank\" rel=\"noopener\">https:\/\/www.bookstime.com\/<\/a> card payments online right away, with zero set up required. Sage Intacct debuted its new Sage Intacct Real Estate integration with tools specifically for managing subleases. Real estate agents that need a full-feature but easy-to-use accounting software that\u2019s accessible for their use even while showing homes or meeting with clients should consider Xero.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Intuit_QuickBooks_Pro\"><\/span>Intuit QuickBooks Pro<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bench also gives you the option to opt for an annual subscription and receive a discounted rate. With QuickBooks Online, your monthly subscription price will also be based on which of the four plans you choose (based on the features you need). Plus, if you want to add QuickBooks Live Bookkeeping, you\u2019ll need to pay an additional <a href=\"https:\/\/www.bookstime.com\/articles\/bench-accounting\" target=\"_blank\" rel=\"noopener\">bench accounting login<\/a> monthly fee. QuickBooks Live Bookkeeping can be added to any of the four QuickBooks plans, but will require an additional monthly cost based on your expenses. Online bookkeeping services typically range from around $200 per month to well over $500 per month if you opt for more frequent reports or back-office add-ons.<\/p>\n<p>We believe that Bench is the better service for most small businesses while QuickBooks Live is good for companies using QuickBooks that don\u2019t need any additional services beyond basic monthly bookkeeping. Crystal clear financial statements and reportsSee what your money is up to in real-time. Your income statement, balance sheet, and visual reports provide the data you need to grow your business.Simple to use anytime and anywhereForget about spending hours learning new software.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Before joining NerdWallet in 2020, Sally was the editorial director at Fundera, where she built and led a team focused on small-business content and specializing in business financing. Your financial statements are more than a look at how your business performed in the past. Choosing an accounting software for your small business is no small [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[125],"tags":[],"class_list":["post-562","post","type-post","status-publish","format-standard","hentry","category-bookkeeping"],"_links":{"self":[{"href":"https:\/\/dudleyboys.xyz\/adil\/wp-json\/wp\/v2\/posts\/562"}],"collection":[{"href":"https:\/\/dudleyboys.xyz\/adil\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dudleyboys.xyz\/adil\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dudleyboys.xyz\/adil\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dudleyboys.xyz\/adil\/wp-json\/wp\/v2\/comments?post=562"}],"version-history":[{"count":1,"href":"https:\/\/dudleyboys.xyz\/adil\/wp-json\/wp\/v2\/posts\/562\/revisions"}],"predecessor-version":[{"id":564,"href":"https:\/\/dudleyboys.xyz\/adil\/wp-json\/wp\/v2\/posts\/562\/revisions\/564"}],"wp:attachment":[{"href":"https:\/\/dudleyboys.xyz\/adil\/wp-json\/wp\/v2\/media?parent=562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dudleyboys.xyz\/adil\/wp-json\/wp\/v2\/categories?post=562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dudleyboys.xyz\/adil\/wp-json\/wp\/v2\/tags?post=562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}