Betterpay Merchants will now have access to America’s largest bookkeeping company, Bench. Bench Accounting is a complete bookkeeping service, with real people together in one big (beautiful) office, crunching numbers, staring at receipts, doing your bookkeeping.
If your tired of doing your books or need help catching up and hope to review your company financials monthly, it’s time for a better bookkeeper.
Getting Started
Once you signs up with Bench, you will get matched with one of Bench teams through the Bench app. Bench always starts with a phone call to get to know your business. This helps them understand how to categorize transactions and how to tailor your bookkeeping effectively.
Bench isn’t just a bookkeeping company; there also a tech company. This means they can employ tech wizardry like API integrations and machine learning to do your books flawlessly and fast.
Getting Your Expenses
In the good old days, a bookkeeper had to come to the merchants office and pick up a shoebox of receipts to start putting all their transactions into a ledger. Well, we guess it’s still “the good old days” for most bookkeepers. But at Bench, they go straight to the source by integrating to your bank (if they have an integration), merchant processor, and credit card company, so that all income and expenses are pulled automatically into Bench. Oh, and they use bank-grade security and encryption. Slightly more secure than carrying receipts in a messenger bag. You don’t have to worry about mailing receipts. Unless you made a cash transaction and only have a physical receipt to prove it. In that case, you can snap a picture and upload it to the Bench web app.
How Bench Talks To You
The ideal workweek probably doesn’t include long meandering phone chats with your bookkeeper. So Bench tries to stay out the way as much as possible. But they can’t read minds. So when they need some more info about a transaction, they will message you through the Bench app. From there, you can quickly categorize the transactions your not sure about. If you ever have any questions about your financial statements or anything related to your books, you can shoot them a question through the app, and they will respond within one business day.
You can also book a call with your bookkeeper whenever you like as Bench is always happy to nerd out about bookkeeping and financial statements.
What You Really Get With Bench
Here’s the tangible “stuff” Bench bookkeeping team works on.
- Monthly financial statements: Income Statement, Balance Sheet, Top 10 Expenses Report
- Helpful visual reports that show revenue, expenses, and profit over time
- A digital Year End Financial Package you can send to your accountant at tax time. This includes:
- Income Statement
- Balance Sheet
- Trial Balance
- Journal Entry Summary
- General Ledger
Betterpay Merchants can signup and save 20% using Bench
Click the link to get started https://bench.co/partner/betterpay/
