Before you review Bench Co, make sure you understand the features and benefits of the service. Most users are pleased with Bench's speed. Some have however complained about the slower turnaround times for their books. The quality of the customer service and the knowledge they received were also highly praised by users. Bench's bookkeeping service is a time-saver for many users.
Bookkeeping
Bench has a variety of features that can make the bookkeeping process less tedious and more effective. The customizable dashboard visualizes income and expenses for the month and year. You can also access a tab to view income statements and balance sheets. You can search for transactions, and flag them using keywords or labels. It also pulls information in a read-only format from your bank and merchant accounts.
If you have a small business and don't have the time to manage your own finances, Bench may be the best option for you. Bench is only able to provide basic bookkeeping services and tax services. Companies with more complex accounting needs will need additional software or services. It doesn't provide inventory management nor invoicing, which can be very important for larger organizations.
Prices
Bench Co. is a great company to work at. Bench Co is a great company to work for. Bench has a culture that values hard work and sets ambitious goals. There is no place for coasting. Bench is progressive and encourages its employees, as well as others, to accept new challenges.
Bench Co offers a free trial period so that you can determine if Bench Co is right for your company. For most queries, they promise a turnaround of 24 to 48 business hours. Then, you have the option to decide whether you want them to continue their services. Based on the expenses of your company, the monthly fees range from $159 to $419. A customer with monthly average expenses between $3,000 and $20,000. will likely pay $219 a month. Bench offers a 30% discount on the first three months.
Customer service
Bench has a very responsive customer service team. You can contact them via email, phone, or messaging anytime. Customer service agents are available Monday to Friday between 9 a.m. and 5 p.m. Eastern Standard Time. They will answer all of your questions, and they will usually respond within a day.
Visit the corporate office to get in touch with customer service. The company can be reached by phone, email, and fax. Bench has an email address, which is accessible round-the clock.
FAQ
What are the signs that my company needs an accountant?
Many companies hire accountants when they reach certain size levels. For example, a company needs one when it has $10 million in annual sales or more.
However, not all companies need accountants. These include small companies, sole proprietorships as well partnerships and corporations.
It doesn't matter what size a company has. Only what matters is whether or not the company uses accounting software.
If so, then the company should hire an accountant. Otherwise, it doesn't.
What training is needed to become an accountant?
Bookkeepers need basic math skills, such as addition, subtraction, multiplication, division, fractions, percentages, and simple algebra.
They need to also be able and confident in using a computer.
Most bookkeepers have a high school diploma. Some even have college degrees.
What is the value of accounting and bookkeeping
Bookkeeping and accounting are important for any business. They can help you keep track if all your transactions are recorded and what expenses were incurred.
These items will also ensure that you don't spend too much on unnecessary items.
You must know how much profit each sale has brought in. You'll also need to know what you owe people.
You may want to raise prices if there isn't enough money coming in. You might lose customers if you raise prices too much.
Sell any inventory that you don't need.
You could reduce your spending if you have more than you need.
All these things will affect your bottom line.
Statistics
- a little over 40% of accountants have earned a bachelor's degree. (yourfreecareertest.com)
- Employment of accountants and auditors is projected to grow four percent through 2029, according to the BLS—a rate of growth that is about average for all occupations nationwide.1 (rasmussen.edu)
- Given that over 40% of people in this career field have earned a bachelor's degree, we're listing a bachelor's degree in accounting as step one so you can be competitive in the job market. (yourfreecareertest.com)
- BooksTime makes sure your numbers are 100% accurate (bookstime.com)
- "Durham Technical Community College reported that the most difficult part of their job was not maintaining financial records, which accounted for 50 percent of their time. (kpmgspark.com)
External Links
How To
How to Get a Degree in Accounting
Accounting is the art of keeping track and recording financial transactions. It records transactions made by individuals, governments, and businesses. A bookkeeping record is called an "account". Accounting professionals create reports based upon these data in order to assist companies and organizations with making decisions.
There are two types: general (or corporate) and managerial accounting. General accounting deals with reporting and measuring business performance. Management accounting is concerned with measuring, analysing, and managing organizations' resources.
Accounting bachelor's degrees prepare students to become entry-level accountants. Graduates may choose to specialize such areas as taxation, auditing, finance, or management.
A good knowledge of the basics of economics is essential for students who wish to study accounting. This includes cost-benefit analysis and marginal utility theory. Consumer behavior and price elasticity are just a few examples. They must also understand microeconomics, macroeconomics, international trade, accounting principles, and various accounting software packages.
Students interested in pursuing a Master's degree in accounting must have passed at least six semesters of college courses, including Microeconomic Theory; Macroeconomic Theory; International Trade; Business Economics; Financial Management; Auditing Principles & Procedures; Accounting Information Systems; Cost Analysis; Taxation; Managerial Accounting; Human Resource Management; Finance & Banking; Statistics; Mathematics; Computer Applications; and English Language Skills. Graduate Level Examination is also required. This exam is typically taken after three years of study.
For certification as public accountants, candidates must have completed four years of undergraduate and four year of postgraduate education. The candidates must pass additional exams before being eligible to apply for registration.