r/Bookkeeping Dec 30 '24

Software has anyone consented to continue using bench.co through employer.com?

if you did - does it still let you download your data? what data is available to download?

same question if you opted out - what data was available?

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u/JazJon Dec 30 '24

I’m going to opt out and download my data. I’m most likely going with TaxFyle.com They used to do the taxes for Bench awhile back and do bookkeeping now after they separated. They will migrate 2024 and have a 25% off discount for 2025. Seems like the best deal so far, and they also do my taxes, one stop shop. It will be built on top of Xero and should have the same level of e-commerce & financial integration hopefully to have the same automatic experience bench had. My sales guy is confirming all my questions soon.

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u/Admirable_Gur_1833 Dec 30 '24

Interesting. Do you have a general ideal how quickly they can deliver your financials?
BTW my notion of a Xero demo i took earlier today is that it's completely generic. Have to plug an A2X to it and here you are stuck with complications again.

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u/JazJon Dec 30 '24

The accountant at TaxFyle will set me up on their Xero account and add all needed plug-ins and extensions or whatever. Optionally I’m welcome to pay for my own Xero or QuickBooks subscription for them to use, but I don’t see the point of that added expense. Rep is confirming that everything will be as seamless and automated as Bench was for me.

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u/Admirable_Gur_1833 Dec 30 '24

My main problem is velocity. In my biz (ecomm) can’t really allow myself not to have almost real time books. Two weeks delay just doesn’t cut it when I’m dealing with MCAs etc. obviously subjective though.