Learn about the QuickBooks Live Bookkeeping service
You’re limited to one scheduled appointment at a time and appointments have to work within your bookkeeper’s schedule. Communications that are available any time include document sharing and live chat with a member of your bookkeeper’s extended team. QuickBooks Live is an online bookkeeping service general rules for debits and credits that connects small businesses with trusted, QuickBooks-certified virtual bookkeepers. Your bookkeeper takes the lead on your bookkeeping and runs essential reports so you can focus on your business. Eric is an accounting and bookkeeping expert for Fit Small Business.
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.
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You can also chat live with a member of your bookkeeper’s extended team at any time. While QuickBooks Online does have its own free mobile app—which allows you to enter transactions, record expenses, invoice customers, and send reports—the app cannot access QuickBooks Live features. Access to the QuickBooks Live Hub is limited to your desktop or laptop computer. The first month of service with QuickBooks Live is dedicated to onboarding and cleaning your books. It is custom-priced based on the amount of cleanup your books require.
- When you sign up for QuickBooks Live Bookkeeping, you are connected with a QuickBooks ProAdvisor, which is a bookkeeper certified by QuickBooks.
- Cleanup takes about 30 days from the time they receive everything they need from you.
- However, it contains features that can assist your monthly bookkeeping needs.
- If you have information in QuickBooks already, your bookkeeper will help clean it up in the first month of service.
- After the first month, Full-Service Bookkeeping is available in three different pricing tiers, depending on your company’s average monthly expenses over three consecutive months.
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Yes, you’re free to switch QuickBooks Online plans or cancel at any time. Typical cleanup is complete within 30 days after receiving all necessary documentation. Connect one-on-one with experts so you can manage your books with ease.
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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.
You can contact your bookkeeper anytime to schedule a live video chat or to discuss questions or concerns about your bookkeeping. Ongoing communication is available at any time via document sharing and live chat, either with your bookkeeper or a member of your bookkeeper’s team. Each month, your bookkeeper categorizes your transactions and reconciles your accounts.
Whether you need help with your bookkeeping, getting ready for tax time, or need coaching, our team of experts is here to help. In addition, we employ a comprehensive editorial process that involves expert writers. This process ensures that articles are well-researched and organized, offering in-depth insights and recommendations. The Fit Small Business editorial policy is rooted in the company’s mission, which is to deliver the best answers to people’s questions. This serves as the foundation for all content, demonstrating a clear dedication to providing valuable and reliable information. Our team leverages its expertise and extensive research capabilities to identify and address the specific questions our audience has—and this ensures that our content is rooted in knowledge and accuracy.