15 Best Bookkeeping Services To Hire For Your Business

Managing your business’s finances is critical to success. The benefits of hiring a bookkeeper include ensuring your financial records are accurate and up to date. This not only helps you make informed business decisions but also relieves stress when tax season arrives. If you’re ready to learn about the best bookkeeping services to hire for your business, you’re in the right place. This article will help you understand what to look for in a bookkeeping service and how to choose the right one for your business. Accounting services for small businesses help you achieve your financial goals. 

Why Businesses Are Choosing To Outsource Their Bookkeeping Services

As a business owner, you may have considered having an in-house bookkeeper or outsourcing your accounting work. More than one-third of businesses outsource their accounting work.  Managing all accounting operations in-house isn't ideal for cost efficiency or productivity. Think of a day when you do not have to do any bookkeeping. You could use your time more effectively, focusing on business growth. 

The practice of outsourcing promotes cost savings along with facilitating expansion.  It works well for small business owners who can not afford in-house bookkeeping. 

Remote Access and Real-Time Collaboration: The Power of Cloud-Based Bookkeeping

Let's take a look at the benefits outsourcing bookkeeping offers:

1. Saves Operating Costs

Outsourcing helps you save costs on hiring full-time or part-time bookkeepers. In-house bookkeepers charge from 35,000$ to 55,000$ a year. You only pay for the accounting services you need when you outsource the work. This helps your company save 40% to 60% on overall revenue.

Hiring an employee involves more costs than just payroll services. The other expenses include: 

• Insurance
• Training
• Benefits
• Recruiting

Someone in your business will have to devote time to training a bookkeeper. You will need a person to cover sick leave and public holidays for the bookkeeper. When total personnel costs are calculated, outsourcing bookkeeping proves to be a cost-effective option. 

Instead of allocating funds towards bookkeeping, you can spend them on essential employees. For instance, hire more mechanics if you own a car maintenance shop. This will decrease wait time and improve productivity.

2. Save Time and Reduce Paperwork

Managing and reconciling financial records can be a considerable time drain on your day. Loads of physical paperwork are time-consuming. A benefit of outsourcing bookkeeping is that you save much time at a much lower cost.

When the burdensome work of bookkeeping is outsourced, you can focus on aspects that require your attention. 

You will have more time to improve: 

• Customer service
• Monitor processes
• Improve overall operations

3. Access a Cloud-Based Bookkeeping System

The prominent outsourcing companies work on a completely online interface. It helps them to streamline processes and manage the work effectively. Since all your operations are handled on a cloud-based system, you can access your data from anywhere.

Since it is based in the cloud, you, along with your bookkeeping company, can access records at any given time. This collaboration means the company can instantly input your income and monthly expenses. It gives you a clear view of your finances and new transactions.

4. Reduce Errors

Errors in bookkeeping or accounting services can have several causes. An inexperienced bookkeeper is more vulnerable to making mistakes. Even if you hire an experienced in-house bookkeeper, you accept that they will make some errors in their initial period. Before the numbers are error-free, bookkeepers need a specific period. 

You will already have a team with much-needed expertise when you outsource your bookkeeping work. The team will utilize automated bookkeeping software to track your finances and leverage their knowledge to resolve any issues.

5. Get Detailed Financial Reporting

A primary benefit of outsourcing bookkeeping is the detailed financial insights that come along with it. You can review your balance sheets, cash flow, and incurred profits and losses. You can assess your clients’ financial data with a click for better-informed decisions. 

Bookkeepers have an organized way of recording information. Extracting information from the report is easy. This information can be shared with stakeholders, employees, and financial advisors. Insights like this are essential at any given stage of your business.

6. Helps in Tax Seasons

Several companies find it challenging to get all their records intact for tax preparation. Even others with an accounting system often find out it does not follow tax rules. 

Outsourced bookkeeping companies have tax experts on staff who ensure your processes are tax compliant. These companies guarantee that they will complete the bookkeeping tasks before the tax season arrives. Experts will help you to file tax returns conveniently and accurately.

Related Reading

• What Is Included in Bookkeeping Services
• Common Bookkeeping Mistakes
• Average Cost of Bookkeeping Services for Small Business
• Types of Bookkeeping Services
• Basic Bookkeeping for Small Business
• Outsource Bookkeeping for Small Business
• Benefits of Virtual Bookkeeping

When Should You Outsource Bookkeeping?

While every business is unique, sure signs indicate that it's time to consider outsourcing your bookkeeping tasks. 

Here are some telltale indicators:

1. Lack of Expertise

Bookkeeping requires specialized knowledge, and if you or your team lack the necessary expertise, errors and compliance issues may arise. When financial management becomes overwhelming or time-consuming due to a lack of knowledge, it's a clear sign that you need the expertise of a professional bookkeeper.

2. Inefficient Processes

Are you spending excessive time on manual data entry, reconciliations, or generating financial reports? These repetitive tasks can be streamlined with the help of automated systems and experienced bookkeeping professionals. Outsourcing allows you to leverage efficient processes and advanced technologies that enhance productivity and accuracy.

3. Growing Complexity

As your business expands, the complexity of financial transactions increases. Managing multiple bank accounts, tracking inventory, handling payroll, and ensuring tax compliance can become overwhelming. 

If you find it challenging to keep up with these complexities, it's an indication that outsourcing bookkeeping can provide the necessary support to manage your growing financial demands.

4. Inaccurate Financial Reports

Reliable financial reports are vital for making informed business decisions. If you notice inconsistencies, errors, or delays in generating financial statements, it's a sign that your bookkeeping needs professional attention. Outsourced bookkeepers can ensure accurate reporting, enabling you to gain valuable insights and make sound strategic choices.

5. Compliance Concerns

Tax regulations and accounting standards are constantly evolving. Staying compliant requires staying up to date with these changes, which can be time-consuming and complex. Outsourced bookkeeping services ensure that your financial records adhere to the latest regulations, reducing the risk of non-compliance and associated penalties.

How Haven Empowers Startups with End-to-End Bookkeeping and CFO Services

Let your business take flight while Haven manages your financial runway. Built by founders for founders, we handle everything from daily bookkeeping to complex tax filings and R&D credits that put cash back in your pocket, as well as fractional CFO services. Join 400+ startups who’ve saved millions in tax credits, countless hours of administrative work, and never missed a filing deadline, all while accessing 24/7 Slack support from CPAs who understand the unique challenges of growing businesses. 

Book a call today to learn how our dedicated team can help you focus on building rather than bookkeeping.

15 Best Bookkeeping Services To Hire

1. Haven 

If you're a founder juggling product, growth, and hiring, bookkeeping is probably the last thing you want to deal with, and that’s exactly where Haven comes in.

Built by founders for founders, Haven isn’t your typical bookkeeping service. It’s a comprehensive financial operations partner explicitly designed for startups and fast-growing businesses. From daily bookkeeping and tax compliance to R&D credit optimisation and fractional CFO services, Haven manages your financial foundation so you can focus on scaling what matters.

Why Haven Stands Out

• End-to-End Support: Haven doesn’t just record transactions; they handle everything from routine bookkeeping to complex filings and cash-saving tax credits.
• Proven Track Record: Over 400+ startups have trusted Haven to reclaim millions in R&D credits, save hours in admin, and stay on top of every financial deadline.
• 24/7 CPA Access: Real-time support via Slack means no more waiting days for answers. You get expert advice from startup-savvy CPAs who understand your pace and challenges.
• Fractional CFO Insights: Go beyond numbers with strategic guidance from experienced CFOs who help translate your financials into decisions.

Who Is It For?

Haven is ideal for early-stage startups, venture-backed scale-ups, or any business ready to elevate their back-office operations without building an in-house finance team. Whether you're preparing for your next round or just want peace of mind, Haven gives you the structure and expertise to move faster.

Let Your Business Take Flight

Financial clarity is a growth enabler, and Haven makes that clarity accessible. With them managing your financial runway, you’re free to focus on what you do best: building.

Book a call and see why Haven is more than just a bookkeeping service. It’s your partner in financial growth.

2. Bench

Based in Canada, Bench is an excellent option for small businesses seeking assistance with bookkeeping and tax preparation. 

Its professional services include month-end financial reporting, tax advisory, and monthly bookkeeping. With the help of its proprietary software, Bench expertly manages its bookkeeping tasks while providing you with an easy-to-use interface. 

One downside is the potential incompatibility between its accounting software and yours.

3. Paro

The Paro platform connects firms with expert accountants based on their exact requirements. Its pool of talent is US-based and well-versed in all aspects of bookkeeping and accounting.

What makes Paro special is that it accepts only the top 2% of applicants with at least 15 years of experience on its platform. Therefore, you can rest assured that you only have the most qualified individuals at your disposal. Paro’s proprietary AI software is designed to match the right talent with companies faster than traditional recruiting methods.

4. QuickBooks Live

QuickBooks Live is a suitable option for businesses that utilize the QuickBooks ecosystem. The platform is easy to use and highly intuitive. You simply answer a few questions, and then you are connected with a live bookkeeper who can assist you.

The service has been solely designed to cater to the bookkeeping needs of small businesses or start-ups.

5. Bookkeeper360

Bookkeeper360 is an alternative for small businesses with a limited budget who cannot afford to hire an in-house accountant. 

It offers a range of solutions, including: 

• Bookkeeping
• Accurate financial reporting
• Payroll, among others

Its software is compatible with a wide range of bookkeeping programs, providing an excellent way for you to delegate the tedious work to skilled professionals. 

6. Bookkeeper.com

Active in the bookkeeping industry for over 25 years, Bookkeeper.com prides itself on being an all-in-one small business solution. Its financial specialists can assist you with a wide range of financial services. From accounting and bookkeeping to payroll and consulting, everything is delivered online, making it a perfect solution if you work remotely. 

Bookkeeper.com offers fixed-priced services, but you can also opt for custom pricing tailored to your specific needs. 

7. Merritt Bookkeeping

Billed as the easiest bookkeeping service out there, Merritt Bookkeeping caters to businesses with a limited budget. If you are looking for flat-rate pricing that won’t put a strain on your budget, then this outsourcing service may be what you’re looking for.

Bear in mind, though, that Merritt Bookkeeping keeps its price so low because it delivers only basic bookkeeping services, such as:

• Recording financial transactions
• Account reconciliation
• The provision of basic financial information

Since Merritt Bookkeeping has no setup charges or transaction limits, you can give it a try until you need more advanced bookkeeping services. 

8. Pilot

Pilot is an online bookkeeping service specifically designed to cater to the needs of start-ups with high growth potential. You get a dedicated financial expert for book reconciliation, compilation of financial statements, and guidance on financial best practices. You can also opt for a CFO service as an add-on.

Help is also available to set up integrations with: 

• Gusto
• Expensify
• Stripe

All bookkeeping is done using QuickBooks, and support is provided to transition your books to the required platform during the onboarding stage. 

9. Milestone 

Milestone offers customized bookkeeping services for small businesses, setting a high standard for maintaining and organizing financial records that are crucial for tracking revenue and expenses. Their expertise in financial management ensures that entrepreneurs can focus on growth while Milestone manages the intricate details of their financial operations.

They tailor their offerings to meet the specific needs of each business, utilizing best-in-class technology alongside a team of experienced bookkeepers and accountants. This bespoke service, especially their outsourced CFO services and cash flow forecasting, positions Milestone uniquely in the market.

10. Block Advisors

Block Advisors excels in delivering tailored bookkeeping services for small businesses, offering significant savings compared to traditional accountants. Their expertise in providing up to 50% off the typical rates makes them a go-to for small business owners seeking to balance quality with affordability.

The standout feature of Block Advisors is their ability to offer personalized bookkeeping solutions through their dedicated accountant service. This unique offering includes inventory management, expense management, and advanced accounting options, such as accrual-based accounting and sales tax filing, which set them apart from competitors.

11. FinancePal 

FinancePal stands out for its customizable bookkeeping services for small businesses, ensuring that clients receive precisely what they need without overspending. Their expertise in delivering personalized financial solutions makes them a top choice for small businesses across various sectors. They specialize in everything from transaction recording to comprehensive tax prep services.

FinancePal is committed to matching small business financial record-keeping with their specific budgetary constraints, which sets it apart from other solutions. They offer a unique blend of tech innovation and expert human oversight, providing small businesses with the financial clarity and control they need to thrive.

12. Fusion Accountants 

Fusion Accountants stands out for their tailored bookkeeping services for small businesses. They specialize in various bookkeeping services, including statutory and management accounts, payroll, and VAT. Fusion Accountants ensures that small businesses receive the support they need to thrive and succeed.

What distinguishes Fusion Accountants is their award-winning approach to professional bookkeeping for startups. They utilize a few leading online accounting software programs, including Xero, QuickBooks, and FreeAgent. Their team's extensive training and certification by these software partners allows businesses to integrate into their operations the benefit of: 

• Optimized processes
• Efficiency
• Deep insights 

13. Invensis 

Invensis specializes in offering tailored accounting and bookkeeping services for small businesses, ensuring that each client receives personalized attention to meet their unique financial needs. With over 22 years of experience and expertise in handling various industry verticals, Invensis stands out for its ability to overcome the challenges of small business accounting, including: 

• Tax preparation
• Payroll
• Comprehensive financial management

What makes Invensis unique is its adept use of technology to automate business accounting services. They manage standard accounting tasks and implement innovative solutions, such as automatic bill payment systems and strategic planning using key performance indicators.

14. Indinero

Indinero offers a comprehensive suite of financial services, including: 

• Bookkeeping
• Tax services
• CFO advice

It is specifically designed for startups and fast-growing companies seeking scalable financial solutions.

Pros

• End-to-End Financial Services: Offers a complete range of services from basic bookkeeping to strategic financial planning.
• Focus on Growth: Tailored for scaling businesses, providing the tools and advice needed for expansion.
• Custom Financial Solutions: Creates personalized financial plans to meet specific business requirements.
• Integrated Technology Platform: Uses advanced software to streamline financial processes and provide insights.

15. Zeni

Zeni offers an all-in-one financial services platform that includes AI bookkeeping, banking, and dedicated finance team support. Their solution targets funded startups looking for a comprehensive financial stack with real-time reporting and daily book reconciliation. Note that Zeni only works with QuickBooks Online Plus, and you'll need to migrate if you use a different software.

Who is it Best For

Fast-growing startups need support for all of their financial services.

Related Reading

• Bookkeeping Tasks
• Bookkeeping vs. CPA
• Bookkeeping Best Practices
• Small Business Accounting Tips
• Organizing Small Business Bookkeeping
• Hiring a Bookkeeper for a Small Business
• Bookkeeping Services List

Choosing The Best Bookkeeping Services For Your Business

Bookkeeping is a foundational business function; done well, it enables growth; done poorly, it puts your operations at risk. While handling accounting in-house might be feasible early on, growing businesses quickly outpace DIY solutions. That’s when outsourcing becomes not just helpful, but essential.

Not all bookkeeping services are equal. Some offer only basic transaction tracking, while others deliver strategic insights that inform decision-making. 

To find the right fit, consider the following key factors:

1. Scope and Flexibility of Services

Choose a provider that meets your current needs and can scale with you. Some services focus solely on data entry, while others offer full-service support, including: 

• Financial reporting
• Tax prep
• Fractional CFO capabilities

2. Industry-Specific Experience

Bookkeeping isn't one-size-fits-all. A service that understands your industry adds real value. For example:

• SaaS businesses need expertise in managing deferred revenue.
• eCommerce companies benefit from support with inventory accounting and multi-channel reconciliations.

3. Data Security and Compliance

Bookkeeping involves handling sensitive financial data. Ensure the provider offers:

• Encrypted communication and secure cloud storage
• Multi-factor authentication
• Compliance with data protection laws (e.g., GDPR)

4. Qualifications and Track Record

Look for certified professionals (e.g., CPA, ACCA, ICAEW) with experience in businesses similar to yours. If you're a startup, prioritise providers who understand early-stage challenges and funding complexities.

5. Technology and Integration

Modern bookkeeping is tech-driven. The right provider should be fluent in your preferred accounting tools (e.g., QuickBooks, Xero) and offer integrations with your existing systems, whether it’s your: 

• CRM
• eCommerce platform
• Payroll software

6. Communication and Support

Transparent communication is crucial. Ask:

• Will you receive regular reports?
• Is there a dedicated account manager?
• What’s the response time on queries?

7. Pricing and Value

While budget is a consideration, avoid selecting a service solely based on price. 

Look for:

• Transparent, predictable pricing
• A structure that aligns with your business stage
• Value beyond basic bookkeeping

The best bookkeeping service isn’t just about balancing numbers. It’s about supporting smarter business decisions. Choose a provider who understands your business, scales with your growth, and acts as a true financial partner.

Related Reading

• Pros and Cons of Outsourcing Accounting Services
• Bookkeeping Services for Startups
• Bookkeeping Packages for Small Business
• Best Accountant for Small Business
• Best Outsourced Bookkeeping Services

Book a Call to Learn More About our Accounting Services (Trusted by 400+ Startups)

The exemplary bookkeeping service is a crucial investment for startups that want to get their financial affairs in order and focus on growth. At Haven, we understand the unique challenges of growing businesses because we have been there ourselves. Our team of CPAs offers 24/7 Slack support to help you with your daily bookkeeping, tax filings, and R&D credits so you can put cash back in your pocket and never miss a filing deadline. 

Join 400+ startups that have saved millions in tax credits and countless hours of administrative work by partnering with Haven. Book a call today to learn more about our fractional CFO services and how we can help your business take flight.

‍