While Bench offers both Accounts Payable and Accounts Receivable support, these are add-ons, under “Specialized Bookkeeping”. Bench offers basic financial reporting with an income statement and a balance sheet. Partnership Accounting You’ll find your Profit and Loss statement and Top Expenses in your Overview tab. You can search for your institution if you don’t see it in the list.

• Bench helps small business owners like you save time and money doing your bookkeeping and income taxes.
• We don’t sync your financial data from any other bookkeeping software.
• A bookkeeping provider like Bench can help you understand your cash flow better by seeing financial reports and visual reports.
• Other bookkeeping companies were quick to reach out to Bench’s former clients, with rivals such as Acuity and Better Bookkeeping making reference to Bench’s closure in social media pitches.
• Please reach out to us directly at so we can work to resolve your concerns and provide any updates.
• This intuitive software lets you connect both your merchant and bank accounts to Bench, which can then be shared between yourself and your allocated advisor.

Highly Unethical Practices – Refusal to Refund for Unused Services

Its Instagram and Facebook pages appear to have been taken down overnight. Whether you require QuickBooks consulting or are interested in budgeting and forecasting, be sure to check out our full list of available services. As a result it’s everything you’d expect, with no software to download and the emphasis from Bench on secure date transmission and storage.

Conclusion: Is Bench Accounting Right for Your Business?

Three years ago, in a move that surprised many, the board ousted Bench co-founder and chief executive Ian Crosby, indicating a rift in vision and strategy. A new CEO, professional manager and scale-up expert Jean-Philippe Durrios was appointed as Mr. Crosby’s replacement. Customers were also notified in an email, with many left confused and angry at the sudden closure right before tax season. Bench has been engineered to run its software-as-a-service packages on either a mobile device or a desktop machine via a web browser using internet connectivity.

User Interface and User Experience

• Bench partners with Taxfyle for filing your return at the end of the year and offers 1099 reporting, with reports available year-round.
• Three years ago, in a move that surprised many, the board ousted Bench co-founder and chief executive Ian Crosby, indicating a rift in vision and strategy.
• People seem to feel that Bench.co is an extremely responsive and friendly bunch.
• All in all Bench is a very straightforward service to sign up for and start using.

I also got a message in my Messages panel in my account to let me know that someone would contact me within the next business day to answer any questions and assist with setup. Your login information isn’t stored, so everything is secure. It pulled in all my accounts, and I could mark which accounts I used for business and which I did not. From his early days sharing his love for the Sims to creating a buzz on Twitch and YouTube, Stephen’s journey is a tale of growth, innovation, and smart business strategies. Explore how he skillfully manages his finances using Bench and Freshbooks, and gain valuable insights on leveraging video and networking for business success. Learn more about Bench, our bench accounting mission, and the dedicated team behind your financial success.

• I’ve been with Bench for nearly three years, and it’s been a game-changer for my business.
• Keep in mind that you may have obligations beyond the annual federal and state filings.
• Bench offers both bookkeeping services and tax preparation and filing services.
• I’ve been able to link the reports to my card processing software and bank, and get updates as they have questions.
• Bench has a proprietary bookkeeping system that doesn’t sync with other accounting software.
• Gusto files local, federal, and state payroll taxes automatically and generates W-2s.
• Bench Accounting is a great option if you lack in-house accountants or don’t want to purchase or learn how to use accounting software.

We apologize for the delays and frustration you’ve encountered. Please reach out to us directly at so we can work to resolve your concerns and provide cash flow any updates. We’re thrilled to hear that Bench Accounting has made such a positive impact on your business! You can send a message to your Bench team from your computer or the app at any time, and your bookkeeper will reply within one business day. You can also schedule a time for your bookkeeper to call you at no additional charge.