bookkeeper360

Bookkeeper360 is a Xero partner, so it only works with businesses that use Xero or QuickBooks as their accounting system. The Bookkeeper360 app can also provide cash management insights using illustrative charts. 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. In cost and management accounting, operating expenses are mostly fixed costs and this cost behavior is evident in the sample chart above.

One of these services is its CFO Advisory services, in which you work with the https://www.bookstime.com/ team to analyze your financials and determine a strategy to manage and grow your business. Like with its virtual bookkeeping services, the CFO Advisory support Bookkeeper360 offers is available in three different plans, as well as on a custom-package basis.

Missing: Bookkeeper360’s Product Demo & Case Studies

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  • However, it scored low in pricing because it’s quite expensive compared to other competitors.
  • This section of Bookkeeper360 can provide you with insights regarding composition of revenues and cost behavior.
  • The blue line represents current year data, while the gray line represents previous year’s data.
  • Bookkeeper360 is an accounting solution designed to help businesses view financial data, streamline bookkeeping operations, and track goals on a unified platform.

Eliminate headaches and surprises by hiring our helpful team of professional accountants and bookkeepers who get back to you quickly and treat you with the respect you deserve. “Bookkeeper360 provided a window into my business that I never knew I needed.”

Bookkeeper360 Raises $3.5M in Seed Funding

Xendoo offers flat-rate pricing on either an annual or monthly basis. Users can select the plan that fits into their monthly expenses and continue to register online to get started. Bookkeeper360 offers tax services that include individual or business income tax filings, local tax filings, 1099 reporting, and overall tax planning and compliance.

Wave and want to keep that software, you’ll have to search for another bookkeeping service. Bookkeeping is the core service that Bookkeeper360 offers and is available by signing up for a consultation with its U.S.-based team. This Bookkeeper360 review discusses features and pricing to help you determine if this is the right service for you. 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.

Bookkeeper360 Review: Pricing, Features, and Top Alternatives

As a business owner, you can use this chart to analyze revenue not just as a whole but in different components. The interactive charts in Bookkeeper360 show a blue and gray line. 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. Glassdoor gives you an inside look at what it’s like to work at Bookkeeper360, including salaries, reviews, office photos, and more. All content is posted anonymously by employees working at Bookkeeper360.

Bookkeeper360 raises $3.5M Seed Round to Scale Platform and Operations – Business Wire

Bookkeeper360 raises $3.5M Seed Round to Scale Platform and Operations.

Posted: Thu, 18 Aug 2022 07:00:00 GMT [source]

In October 2022, Bookkeeper360 will celebrate its 10th anniversary. The second plan, “Small Business Plus,” accommodates 126 to 150 transactions and class and location tracking, in addition to the features of the Small Business Plan. Moreover, just like Bookkeeper360, Bookkeeper.com offers additional services for payroll, tax planning and management, as well as general financial planning. NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site.

Does Bookkeeper360 offer catch-up bookkeeping?

Trends show you business revenues, direct costs, and operating expenses along its composition. This section of Bookkeeper360 can provide you with insights regarding composition of revenues and cost behavior. Although Bench does not provide tax services, it can work directly with your CPA during tax time or connect you to a tax professional in its network. Despite these significant benefits of Bookkeeper360, there are also downsides to this online bookkeeping service worth considering.

When was the last funding round for Bookkeeper360?

Bookkeeper360 closed its last funding round on Aug 18, 2022 from a Seed round.

In order to compare the two, we will take the standard Xendoo package, which offers bookkeeping and tax, for comparison below. Under cash-basis accounting, revenues and expenses are recorded when cash is paid or received. On the other hand, accrual accounting records revenue and expenses when earned or incurred. Learn more in our cash- vs accrual-basis accounting method comparison, which also covers when to use each. The payroll team will process payroll for both employees and contractors and provide full-service support with health benefits, direct deposit setup, W-2s, and 1099s. Bookkeeper360 also integrates with other payroll providers like Gusto and ADP.