7 Best Online Bookkeeping Services for Small Businesses in 2025

It can integrate with ADP for payroll, invoice your customers, pay bills, and generate financial statements. It even offers customized services and can file your income tax return and provide both tax and CFO advice, but sales tax return filing is unavailable. Bookkeeper360 aced our personal bookkeeper and bookkeeping services categories. If you’re seeking more affordable pricing, then Bench is a good option, although it has its own proprietary accounting software. Our overall best online bookkeeping service is Bench because it provides bookkeeping support at a lower cost than many similar platforms while also offering tax assistance and payroll integration.

The provider doesn’t offer tax preparation and filing, so it took a hit in our tax category. It scored fair for pricing, as it starts out with a low price for small businesses but gets a little expensive for larger companies. For affordable tax preparation and filing, our top recommendation is Bench.

The full-service, dedicated and customized bookkeeping with 1-800Accountant makes it a great option. You’ll get access to features such as personalized financial planning, quarterly reviews, and proactive tax planning and advice. More specialized plans, such as the $399-per-month Enterprise plan, also come with a dedicated bookkeeper, personal and business tax preparation and financial reports. Outsourced bookkeeping companies for CPA firms are saviors that help in managing their clients.

Meru Accounting aims at giving customized and accurate accounting services to businesses. Virtual bookkeeping services can also save you money through tax preparation services and tax filing, providing peace of mind that you’re 100% compliant with all tax rules. You should be able to schedule regular video or phone calls with your bookkeeper so that you can discuss your finances, ask questions, and receive strategic advice. These meetings provide personalized support and allow you to get answers to specific questions or concerns.

Keeping The Records

It helps to keep their staff happy along with maintaining the proper financial control over the business. Hence, Meru Accounting service involves proper management of all the finance related to the payroll department. It will also ensure that all the staff gets the proper salary along with the proper tax, Provident Funds, and other deductions. They do all the computations in a very accurate format which can help to make proper payroll accounting. For keeping all the financial records in the bookkeeping and accounting needs relevant knowledge in that sector.

Bookkeeper360

Other questions include whether the service can accommodate your accounting software and if you will require catch-up bookkeeping services. We suggest reading our article on how to choose a virtual bookkeeper for guidance. Accurate financial reporting is essential for healthcare providers to make informed decisions about resource allocation, budgeting, strategic planning, tax planning, and more.

• Tax errors will result in spending time and energy resolving the error, and if the error is not fixed, it could result in tax penalties and interest from the IRS.
• CAAS Accounting, or Client Accounting Advisory Services, represents a transformative approach for CPA firms aiming to enhance their value proposition and deepen client relationships.
• Connecting your accounts to Bench automates repetitive tasks like data entry, saving you time and effort.
• For the first three months, you only pay a starting price of $17.50 for the lowest-tier plan.
• You’ll get features including personalized financial planning, quarterly reviews, and proactive tax planning and advice.

You’ve heard of “spend money to make money,” but what about “spend money to save money?” That’s the case with tax deductions and you won’t want to leave any on the table. A downside of Pilot is that the main way to communicate with finance experts is via email, which can make it harder to get quick replies. You also can’t pay on a month-to-month basis, unlike a few others on our list.

Online bookkeeping services can save you money—and time—in the long run, and they can cpa bookkeeping services be a great investment. We reviewed more than a dozen online bookkeeping services to determine our eight best. Here’s what you need to know when considering an online bookkeeping service for your small business.

It also lacks a mobile app and unlimited meetings, so Bench is the better option in this case. However, with Block Advisors, you’ll be assigned a dedicated bookkeeper who will provide access to video meetings, and there is also a phone number to call if you need support. Block Advisors is a branch of H&R Block that provides tax, bookkeeping, and payroll support.

Wave Advisors: Best Bookkeeping Service With Free Software

Bench offers two plans, which depend on whether you want tax advice and filings included with your bookkeeping. Getting the most bang for your buck means that you should be happy with the services you’re getting in return for your monthly—or annual—dues. Don’t shy toward or away from any of the cheapest or most expensive options. Not every online bookkeeping service is the same, and ultimately, what makes sense for each small business will differ. Let’s take a look at the features you should consider when picking what makes the most sense for your venture.

Why You Can Trust Forbes Advisor Small Business

We prepare a checklist of information required for bookkeeping and send you at timely intervals so as to ensure that we can do bookkeeping faster. AutoEntry captures, analyses and posts invoices, receipts and statements into your accounting solution. Budgeting is a very important aspect of the accounting process of the business. Kickstart your bookkeeping with ease through our streamlined approach, designed to get your financial management up and running swiftly and efficiently. We provide robust support and representation with complimentary IRS/State audit representation, proactive IRS/State notice resolutions, and unrestricted year-round consultations. Additionally, we ensure regular face-to-face or phone meetings to keep you informed and supported throughout the year.

Accounting services

On the other hand, accountants are generally equipped with an accounting degree and may even be state-certified CPAs. You can expect most bookkeepers to maintain the general ledger and accounts while the accountant is there to create and interpret more complex financial statements. Our bookkeeping software and team of experts handle most of the work, making bookkeeping simple for you. However, there are some things about your business only you can provide, like uploading certain documents and sharing context for categorizing transactions. Each month, we may check in with you to ensure your books are accurate and your deductions are maximized.

At the end of every pay period, the bookkeeper will accumulate employee payroll details that include hours worked and rates. From there, the total pay is determined with the applicable taxes and withholdings. In the accounting software, the primary journal entry for total payroll is a debit to the compensation account and credits cash. Generally speaking, bookkeepers help collect and organize data and may have certain certifications to do so for your business.