QuickBooks Live Bookkeeping Review & Pricing in 2024

Pricing is based on the average of your monthly expenses over a three-month period. Our partners cannot pay us to guarantee favorable reviews of their products or services. We believe everyone should be able to make financial decisions with confidence.

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Sign up to market research blog receive more well-researched small business articles and topics in your inbox, personalized for you. Get free guides, articles, tools and calculators to help you navigate the financial side of your business with ease. This may or may not be a good thing, depending on where you are in your business and how well your books have been kept in the past. I’m already a QuickBooks Self-Employed customer, and I’ve never actually had to contact support for anything before.

1. It’s safe to say adding a Live subscription would add additional menu options, like a messaging feature to communicate with your bookkeeper.
2. It’s a $500 fee – and that would sting if you’re starting out as a brand new business with no books to clean up.
3. Your bookkeepers will work to ensure that your QuickBooks Plus data is accurate, up-to-date, and ready for tax time.

Bookkeeping Service Reviews

While major review sites don’t often mention QuickBooks, a quick scan of forums dedicated to accounting and QuickBooks usage reveal frequent frustration from customers. Based on customer testimony, working with QuickBooks Live is hit or miss, which reflects both their budget price and their single-bookkeeper approach. Activate QuickBooks Live within QuickBooks Online by clicking on Live Bookkeeping from the left navigation bar, as indicated below. After you sign up, you’ll provide QuickBooks with information about your business, and within a few minutes, you’ll be matched with a bookkeeper who has the basics on irs form 941 expertise in your industry. In addition to having a dedicated professional, you’ll have access to an extended bookkeeping team if you have any questions.

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Throughout your engagement with QuickBooks Live Bookkeeping, your bookkeeper will manage your books for you and provide you with month-end reports. They will also help you with ongoing, basic bookkeeping and QuickBooks questions, like how to use QuickBooks’ reporting features, assistance with bank connections, and setting up customers and vendors. Your QuickBooks Live Bookkeeper will not send invoices, pay bills, manage your inventory, or provide tax or financial advisory services. Established businesses will start their engagement with QuickBooks Live Bookkeeping’s cleanup services. This step ensures your books are accurate and up to date when your ongoing monthly bookkeeping service commences. Once you sign up with QuickBooks Live, you’re automatically connected with a live bookkeeper, also referred to as a QuickBooks ProAdvisor.

You don’t have to download or install any software, like you do with the Desktop version. Some apps, like Bill.com are premium, but that’s because you have to pay for the service to use it, not because you have to pay for the integration itself. When I reached out to customer service for more information, I was told there was no way for me to demo it without making a purchase. The Demo Account shows all the available report options, which are only accessible via the Advanced plan. We’ll keep you informed, and we’ll never sell your information to anyone.

QuickBooks Live Bookkeeping is a subscription service that gives a business a certified bookkeeper to help manage the company books. There is a $500 cleanup fee to get started, which pays to get your books up to date, and then you pay $200 to $400 per month for the service. While QuickBooks Live offers valuable bookkeeping support, it may not be the right fit for your business needs. Bench can provide your small business with a more holistic approach to financial management, combining comprehensive bookkeeping and tax services tailored to your unique business needs.

If you’re already using it and have entered data, they’ll help create a plan to clean it up—for a $500 charge if you have more than two months of historical data. Intuit’s QuickBooks family of small business accounting dry chemical agents services has won many Editors’ Choice awards over the years for its simplicity and ease of use. Despite this user friendliness, some accounting activities take time and knowledge a busy business owner just may not have. When QuickBooks Online can’t deliver the comprehensive picture you need of your finances, QuickBooks Live, with its direct access to a team of bookkeeping experts, can help you stay on top of your finances.

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An exceptional user experience helps you understand how to quickly find what you’re looking for. Sometimes you enter data in fields, such as Customer Addresses and Phone Numbers. Other times, you click buttons or select options from drop-down lists. When you need to enter a transaction like an invoice or estimate or expense or bill, you complete online forms that resemble their real-life counterparts.