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QuickBooks Online Plus-which what you use on your end when you subscribe to QuickBooks Live-follows best practices for double-entry bookkeeping (the procedures that accountants adhere to), but you don’t have to understand debits and credits and journal entries to use it. Zoho Books’ advisor network is growing but is not as well-developed. Xero doesn’t have an add-on support program, but like QuickBooks Plus, it has a large network of advisors that you can hire for one-on-one work. Advisors also help you migrate your current system to Wave and review and fix your existing account. It includes an hour of live coaching and 30 days of email support. Accounting Coaching has a one-time fee of $199 and is designed for new users. Wave’s tax service starts at the same price and provides year-round tax planning in addition to quarterly reviews, IRS representation if needed, and federal and state income tax preparation. Your bookkeeper categorizes transactions and reconciles accounts organizes statements and collaborates with your accountant and helps with planning. Wave Advisors offers a bookkeeping service that starts at $129 per month (annual price month-to-month pricing is also available). Wave also offers three add-on support tiers. (Opens in a new window) Read Our Kashoo Classic Review The Corporate level supports up to 500 transactions monthly and costs $499 per month. For $299 monthly, the Growing level reconciles up to 200 transactions and adds phone support. Sunrise’s bookkeepers reconcile up to 120 transactions per month and provide support (text and email), month-end closings, and cash flow reports for $149 monthly.

Two come from double-entry accounting services that have no monthly subscription fee. Some competitors offer similar add-on bookkeeping services. There is no contract involved you can cancel at any time. High-Level Bookkeeping ($670 per month) serves businesses with $150,001 or more in monthly expenses. Businesses with $25,001 to $150,000 in monthly expenses would be charged $470 per month for the Medium-Volume Bookkeeping plan. Low-Volume Bookkeeping is designed for businesses with up to $25,000 in monthly expenses. There are three levels of service for QuickBooks Live, all of which include the subscription fee for QuickBooks Plus, which is regularly priced at $70 per month. Since 1982, PCMag has tested and rated thousands of products to help you make better buying decisions. ( Read our editorial mission (Opens in a new window) & see how we test everything we review (Opens in a new window).)

It’s not cheap, but the peace of mind it provides will be well worth the cost for many business owners. They review and close your books at month’s end and provide you with critical financial reports. Your bookkeepers maintain, update, fix, reconcile, and categorize your transactions.

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You’re still responsible for the daily work of accounting using QuickBooks Online Plus (such as creating records and entering transactions), and the service does not cover payroll setup or support. When QuickBooks Online can’t deliver the comprehensive picture you need of your finances, QuickBooks Live, with its direct access to a team of bookkeeping experts, can help you stay on top of your finances. Despite this user friendliness, some accounting activities take time and knowledge a busy business owner just may not have. Intuit’s QuickBooks family of small business accounting services has won many Editors’ Choice awards over the years for its simplicity and ease of use.

May find cheaper prices from external firms.

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