Bookkeeper360 eliminates the headaches and cash surprises caused by having messy books and inaccurate financials by providing you with accurate and timely financial insights about your bookkeeper360 business. Let’s face it, you didn’t start your business to run an accounting department. Our team of CPAs, advisors, and technology experts have all the tools to help you succeed.
Learn more in our cash- vs accrual-basis accounting method comparison, which also covers when to use each. If you want a more detailed view of business performance, you can switch to the Metrics view to year-over-year data for revenue and common size amounts for gross profit, net income, and payroll. You can also check your working capital and debt-to-equity ratio to measure your business’s short-term and overall liquidity. Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
How To Choose a Virtual Bookkeeper for Your Business
Since the software works best when integrated with QuickBooks and Xero, we took user scores from the app stores of each accounting software. Managing cash flow is an essential element of running a successful service-based business. You may be forced to wait up to 90 days for payment from customers, but still need to pay your employees in the interim. That’s why it’s so important to have a clear understanding of both who owes you money and who you owe money to. Bookkeeper360 can help take the guesswork out of this process by keeping your books updated and providing a detailed view of your accounts receivable and payable at all times. From bookkeeping to payroll, to tax and CFO advisory, we provide a complete set of financial solutions for your business.
- Similarly, Bookkeeper360 offers Advisory, Coaching and Inventory options for its CFO Advisory services.
- When it comes to its payroll services, on the other hand, Bookkeeper360 bases pricing on the number of employees you have.
- Our 100% US-based team utilizes technology to manage your accounting with a personalized touch.
- Part of our Bookkeeper360 services includes exclusive access to our Bookkeeper360 App.
- As a business owner, you can use this chart to analyze revenue not just as a whole but in different components.
After setting up your accounting system, you’ll be able to use the Bookkeeper360 cloud-based platform to communicate and work with your bookkeeper or accountant. It can update your books even if they’re way behind, but you have to tell your dedicated bookkeeper during the first meeting so that they know where to start. Because each plan depends on many factors, we looked at the value provided in terms of the time and potential money that you’re saving by using the service.