Small Business Tax and Bookkeeping Online Bench Accounting

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Thousands of small business owners trust Bench with their books.Here’s how we’ve helped our customers across North America focus on what they do best. See why small businesses love Bench through real reviews, affirming our promise Purchases Journal to provide accurate books and peace of mind. We try our best to keep you with the bookkeeping team you’re assigned when you come on board.

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A stress-free tax season

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That’s not to say other merchant processors won’t work – it just means you’ll need to take a few minutes to speak with your https://yorkvillerx.palsstaging.com/fixed-asset-accounting-explained-w-examples/ bookkeeper to get the required reports. Bench integrates with Stripe accounts, Square accounts, and Shopify accounts. You’ll need to use one of these merchant processors if you want to take advantage of automatic transactions from the start.

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Bench accounting software platform abruptly shuts down

Every bench accounting login report accessible in the Bench platform can be exported to an Excel file for easy sharing with anyone from business partners to accountants. And unlike other services, we never limit support based on business size. No waiting for hours on hold—just helpful customer service from real people. Message your team any time, or book a call whenever you like. Get free guides, articles, tools and calculators to help you navigate the financial side of your business with ease. Learn more about Bench, our mission, and the dedicated team behind your financial success.

Elon Musk’s SpaceX, Tesla, and xAI in talks to merge, according to reports

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“As you saw on the website, we’re moving fast and are available to support many of Bench’s customers with their bookkeeping needs,” he told TechCrunch. The company’s entire website is currently offline except for the notice, leaving thousands of businesses in the lurch. Bench touted having more than 35,000 U.S. customers just hours before it was shut down, according to a snapshot saved by the Internet Archive. From his early days sharing his love for the Sims to creating a buzz on Twitch and YouTube, Stephen’s journey is a tale of growth, innovation, and smart business strategies. Explore how he skillfully manages his finances using Bench and Freshbooks, and gain valuable insights on leveraging video and networking for business success. Financial mastery is the idea that everyone, regardless of economic standing, should have full control of their finances.

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  • Here are 11 alternatives to explore, each with a different emphasis in supporting your small business finances.
  • Your bookkeeping team reconciles your accounts, categorizes your transactions, and produces your financial statements.
  • We don’t sync your financial data from any other bookkeeping software.
  • There wasn’t a clear “FAQ/Help” section in the dashboard, as they direct you to message your bookkeeper directly.
  • Our in-house team is also supported by machine learning technology, which allows us to automatically process large amounts of financial data instantly, and close your books faster and accurately.

If you are profitable, you may need to make quarterly estimated tax payments. You may also need to make sales tax payments, which are unrelated to income taxes (totally different government department) and typically handled internally or by your bookkeeper. If you are not sure what your compliance obligations are, the way to minimize surprises and penalties is to hire a professional and have them hold your hand through it. The people, organization, resources, and software are top-notch.

Accounts Payable & Accounts Receivable Support

  • Once I took the call, the onboarding specialist was incredibly helpful, taking the time to learn about my business and what I expected to get from the service.
  • The Bench platform gives you monthly financial statements and expense overviews to keep you in control of your money.
  • This enables you and your Bench team to work together seamlessly from the start.
  • We can complete accrual adjustments like tracking accounts receivable and/or accounts payable, unearned revenue tracking, and more with our specialized accounting add-on.

Learn how the Pilot Portal streamlines communication, offers valuable insights, and saves you time so you can focus on growing your business. If you’d find it helpful to talk through your situation with us (maybe there are some creative ways to get you the information you need without complete books), please reach out through our contact info below. If Bench was behind on your books 1 week ago, it seems unlikely that they are going to suddenly catch up now. If you are in this boat, your priority is probably working with a provider who can get your Bench data imported into a new system and get you caught up on year-to-date books ASAP.