Last nights live was one for the books! (Watch it here.) Last night someone asked me a question about financials for business, and I mentioned who I use for bookkeeping, so I decided to write this email to you today.
It's that time of year again, tax time. And this is one of those emails that you'll look back on in a few years and say, “Marquetta changed my life with that one.”
I've been running businesses for going on 19 years now, and what I'm about to recommend to you can dramatically remove stress from your life when it comes to your finances. I know it did mine.
One of the biggest moves I made in my business is moving from a local bookkeeper for my bookkeeping to a company called Bench. Think of Bench as a “Cloud Bookkeeper” but with real people. Everything is faster and easier.
They do bookkeeping and tax filing, but I use them purely for bookkeeping. This is the fourth year I've used Bench, and like clockwork, my books get done flawlessly every month.
The only thing I do some months, which takes about 3 minutes, is log in to Bench to do some light categorization if the team at Bench doesn't know where an expense may go. But over time, they even master that.
Here are my three favorite things about Bench:
Favorite Thing #1:
I can send a message to my bookkeeping team 24/7!
As you can see in the screenshot above, it's easy to communicate with your Bench team. And the best part is, I've asked my team some pretty complicated questions, and my main bookkeeper Steven will go to his team and get an answer if he doesn't know. This is invaluable!
Favorite Thing #2:
Every month like clockwork, I get my P&Ls, Balance Sheet, etc.!
As you see in the screenshot, I click on the “Accounting” tab to the left, and then from there, I can download all the documents I'll ever need for the business at any time.
Favorite Thing #3:
The “End of Year” Package
At the end of each year, we get an “End of Year” package. This package is a miracle. It is a perfectly put-together package that I simply hand to my CPA, and he has everything he needs to do our taxes. Last year it took under two hours to do our business and personal taxes because of this package.
If you're ready to move on from your local bookkeeper, or if you're still doing your own bookkeeping, it's worth checking out Bench.
You can save 30% off your first three months with Bench by clicking here.
I'm an affiliate of Bench and promote them heavily because I believe in and use their service. I'll never promote anything I don't personally use.