Xendoo vs Bookkeeper360

You should be focusing on your business and not your books. With the help of a QuickBooks-certified expert, you can take everyday bookkeeping tasks off your to-do list. Its monthly plan starts at $299 for the Essential package, and $499 for Premium – which includes tax handling.

Bookkeeper360 provides a sliding scale tool on its website for this cost. If you have more than 30 employees, you have to contact them directly to determine the cost of its payroll services. Bookkeeper360 offers tax services that include individual or business preparation and filings, sales and local 1099s reporting, as well as overall tax planning and compliance. Bookkeeper360 is an accounting solution designed to help businesses view financial data, streamline bookkeeping operations, and track goals on a unified platform. It allows business owners to create business and financial plans, conduct cost and margin analysis, generate income statements, and calculate sales taxes. Moreover, Bookkeeper360 integrates with two of our best small business accounting software, QuickBooks Online and Xero. The price is a bit high, and we recommend Bookkeeper360 for startup and growing companies.

Tax Services

With this app, you’ll have access to a forms library, salary benchmarking tools and HR professionals. HRS360 also provides assistance with federal and state compliance, training videos, employee on-boarding forms and job descriptions.

• These plans range in price depending on your monthly expenses.
• If you’re looking for an online bookkeeping service that can help you with the entirety of your business financial operations, Bookkeeper360 can do just that.
• You can use this year-over-year comparison to spot seasonality in revenues and expenses.
• Bookkeeper360 offers support via business hours, 24/7 live support, and online.

Bookkeeper360 offers bookkeeping packages, with add-on pricing for services such as tax and the use of the mobile app. In order to compare the two, we will take the standard Xendoo package, which offers bookkeeping and tax, for comparison below.

Bookkeeper360

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.

Xendoo https://www.bookstime.com/ flat-rate pricing on either an annual or monthly basis. All package features are clearly listed on the pricing page. Users can select the plan that fits into their monthly expenses and continue to register online to get started.

Tax & Consulting Services

These Bookkeeper360 services can integrate with Xero and QuickBooks, are free to set up and include next-day funding. You’ll then use Bookkeeper360’s cloud-based system to collaborate with your dedicated bookkeeper and manage your finances. I have been using Bookkeeper 360 for bookkeeping and taxes for about 6 months and I recommend their services. I used to pay someone part-time with less expertise almost double what I pay the BK team and I get a wealth of expertise, along with a quick turnaround time. I also love that they have other services like CFO services that I can grow into. We require our bookkeepers and CPAs to take continuing education courses and maintain active software certifications. Our team-based approach ensures that you get the knowledge and expertise you need on your accounting team.

For cash-based businesses, monthly prices start at $399 for monthly service and $549 for weekly service. For accrual-based businesses, monthly prices start at $549 for monthly service and $749 for weekly service. You can also opt for the pay-as-you-go service, which starts at $125 per hour for support plus a $500 retainer.

When to Use Bookkeeper360

There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Eric Gerard Ruiz is an accounting and bookkeeping expert for Fit Small Business. He completed a Bachelor of Science degree in Accountancy at Silliman University in Dumaguete City, Philippines. Before joining FSB, Eric has worked as a freelance content writer with various digital marketing agencies in Australia, the United States, and the Philippines. The cash runway, also called cash burn rate, shows the estimated number of months until cash runs out. In the example above, the cash burn rate is 13 months, assuming the average monthly cash outflow remains the same.

Moreover, bookkeeper360s arising from Scooby Snacks can be a mixed cost because it has fixed and variable components. You can interpret this chart in many different ways, and it can aid you in decision-making. It shows that revenue sometimes increases, decreases, peaks, or plummets. This revenue source is not present in all months while merchandise licensing is consistent in almost all months.