QuickBooks Live Bookkeeping Review & Pricing in 2024

By November 24, 2023Bookkeeping

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Those who left a QuickBooks Live Bookkeeping review appreciate that their dedicated bookkeeper not only performs ongoing maintenance of their books but also helps them get set up and fix past errors. Also, reviewers said that they like the ability to speak with a live person with various communication preferences, including one-way video conferencing. Pricing for the Full-Service Bookkeeping varies from $300 to $700 per month after a custom cleanup fee is charged for the first month. Our detailed QuickBooks Live Bookkeeping review and evaluation aim to help you determine if this is the best service for your business. First, a bookkeeper reviews your chart of accounts and past transactions to bring your books up to date. We evaluated whether the online bookkeeping service offered tax and consulting, and the scope of those services.

  1. The service’s biggest drawback is its limited services and lack of access to financial advice.
  2. Or let a tax expert powered by TurboTax do your taxes for you, start to finish.
  3. Access to the QuickBooks Live Hub is limited to your desktop or laptop computer.
  4. We evaluated QuickBooks Live based on tax and consulting services, personal bookkeeper, user reviews, bookkeeping services, and pricing.
  5. Upon enrollment, you’ll be given access to the QuickBooks Live Hub, which is your own secure space on the site that allows you to check on your bookkeeper’s progress and check their schedules to make an appointment for a video chat.

Our partners cannot pay us to guarantee favorable reviews of their products or services. You’ll still need to manage tasks for your business like sending invoices, paying bills, and managing inventory, accounts receivable, and accounts payable. Your bookkeeper can run detailed reports that give you a clear view of your business, so you have the info you need to make informed decisions and feel confident at tax time. With QuickBooks Live Expert Full-Service Bookkeeping, a dedicated bookkeeper will get to know your business, bring your past books up to date, and do your book for you, start to finish. If you invoke the guarantee, QuickBooks will conduct a full n evaluation of the Live Bookkeeper’s work.

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Best Online Bookkeeping Services in 2024

These criteria were disregarded for providers where no reviews were found. 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. Upon enrollment, you’ll be given access to the QuickBooks Live Hub, which is your own secure space on the site that allows you to check on your bookkeeper’s progress and check their schedules to make an appointment for a video chat.

QuickBooks Live Personal Bookkeeper

If you have information in QuickBooks already, your bookkeeper will help clean it up in the first month of service. The value of QuickBooks Live Bookkeeping setup depends on your specific needs and circumstances. However, if you are comfortable setting up and maintaining your QuickBooks account on your own, then the additional cost may not be worth it. If you have at least 2 months of data in QuickBooks, there’s a flat fee for cleanup and setup for the first month of service. After the first month, pricing for QuickBooks Live Bookkeeping is based on your company’s average expenses in QuickBooks. Every three months, QuickBooks Live Bookkeeping automatically adjusts to the needs of your business by reevaluating your average expenses and pricing tier.

Best Accounting Software for Small Businesses of 2024

If your monthly average is $0-10,000 per month, the monthly price for QuickBooks Live Expert Full-Service Bookkeeping is $300. Live bookkeepers aren’t responsible for errors resulting from incorrect information that you provide, or if you re-open the books by overriding closure after a Live Bookkeeper completes the month-end closure. We consider the opinions of users and the service’s ratings on various review sites.

Get expert guidance when you need it

QuickBooks Live provides you with live one-on-one support from QuickBooks-certified bookkeepers who will ensure organized, up-to-date financials. These bookkeepers understand your industry and will collaborate with you to streamline your bookkeeping process. Most users meet virtually with their bookkeeper once or twice per month. There’s no set amount of amended tax return time each month that you can spend with your bookkeeper, but you can only schedule one appointment at a time.

Once you sign up for QuickBooks Live, you’ll be assigned a dedicated bookkeeper who will learn more about your business and help you connect your bank and credit card accounts and set up your chart of accounts, customers, and vendors. You can also meet with them to review reports and receive assistance with any bookkeeping questions. Unlike QuickBooks Live Bookkeeping, Bench also offers historical bookkeeping services beyond the last filed tax return as well as tax filing and advisory services. And if you need accounts receivable or accounts payable, Bench offers specialized bookkeeping for an additional fee. Use the QuickBooks Live Bookkeeping service to make sure your books are up-to-date, accurate, and ready for tax time. With QuickBooks Live Bookkeeping, you have access to a dedicated QuickBooks-certified bookkeeper who works with you to understand your business and supports you along with their team.