Bench Accounting is a financial services company that specializes in bookkeeping and accounting for small businesses. It features an online platform that allows businesses to manage their finances with the assistance of dedicated bookkeepers. Bench aims to simplify accounting for entrepreneurs by taking care of everyday bookkeeping tasks, such as tracking income and expenses, categorizing transactions, and preparing financial statements.
Here are some key features of Bench Accounting:
Bookkeeping Services:
Bench offers professional bookkeepers who manage all aspects of bookkeeping, including entering transactions, reconciling accounts, and keeping the business's financial records current.
Financial Reports:
Bench generates monthly financial reports, including profit and loss statements and balance sheets, which help businesses monitor their financial status.
User-Friendly Dashboard:
Bench provides an intuitive dashboard that allows business owners to access their financial information easily, making it simpler to understand and manage their finances.
Tax Preparation:
Bench can assist with tax preparation by supplying necessary financial reports and collaborating with tax professionals.
Integrations:
The platform connects with popular accounting software like QuickBooks and Xero, as well as bank accounts, payment platforms, and other tools that businesses may already be using.
Dedicated Support:
Each client is paired with a dedicated bookkeeper, ensuring personalized support and guidance.
In summary, Bench Accounting caters to small businesses, freelancers, and startups that require dependable bookkeeping services without the need for in-house accountants. It emphasizes simplicity and efficiency, allowing business owners to concentrate on growth instead of being overwhelmed by daily financial responsibilities.
Accounting Software
Bench Accounting connects with a range of accounting and business software to enhance financial management. Here are some of the software options that Bench Accounting supports:
1. QuickBooks Online:
Bench works with QuickBooks Online to ensure smooth bookkeeping and accounting processes.
https://quickbooks.intuit.com/
2. Xero:
Bench is compatible with Xero, enabling businesses to handle their finances and create financial reports.
3. Wave:
Bench integrates with Wave, a cloud-based accounting and invoicing solution.
Invoicing and Payment Software
1. FreshBooks:
Bench supports FreshBooks, a well-known invoicing and accounting platform.
2. Square:
Bench connects with Square, helping businesses manage payments and invoices effectively
3. Stripe:
Bench is compatible with Stripe, a payment processing service.
E-commerce Software
1. Shopify:
Bench integrates with Shopify, a widely-used e-commerce platform.
2. Amazon Seller Central:
Bench supports Amazon Seller Central, allowing businesses to oversee their Amazon sales and inventory.
https://sellercentral.amazon.com/
3. Etsy:
Bench connects with Etsy, a marketplace for handmade and unique products.
Banking and Financial Software
1. Bank of America:
Bench supports Bank of America, enabling businesses to link their bank accounts.
https://www.bankofamerica.com/
2. Chase Bank:
Bench integrates with Chase Bank, allowing businesses to manage their financial activities.
3. PayPal:
Bench is compatible with PayPal, a payment processing service.
https://www.paypal.com/us/home
Other Software
1. Gusto:
Bench connects with Gusto, a payroll and HR management platform.
2. Expensify:
Bench supports Expensify, a tool for tracking and managing expenses.
3. Zapier:
Bench integrates with Zapier, an automation platform that links various business applications.
By integrating with these software platforms, Bench Accounting offers a thorough financial management solution for businesses.
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