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Bookkeeper360 Review: A Comparison with Maxim Liberty

September 5, 2024
Comparison of Bookkeeper360 and Maxim Liberty bookkeeping services, including pricing, services, and support.

Introduction

Finding the right bookkeeping service is important for any business. Bookkeeper360 offers tech-driven solutions, while Maxim Liberty is known for its affordable prices and quality. This blog will compare both services, covering pricing, features, and reviews. We’ll help you figure out which service is the best fit for your business.

Pricing Plans

Bookkeeper360 Plans

  1. Monthly Update Plan:

    • Price: $399/month
    • Includes: Monthly reconciliations, financial reports, and access to a dedicated accountant. This is for businesses that need updates once a month.

  2. Weekly Update Plan:

    • Price: $549/month
    • Includes: Weekly updates, advanced reporting, and regular meetings with an accountant. Perfect for businesses that need more frequent checks on their financials.

  3. Pay-As-You-Go Plan:

    • Price: $49/month + $125/hour for extra work.
    • Includes: Flexibility to pay for the services you need, when you need them.

  4. Extra Services:

    • Payroll Services: $46 per employee per month.
    • Tax Filings: $800 for business tax preparation.
    • CFO Advisory Services: $1,000 per month for financial planning.

Maxim Liberty Plans

  1. Monthly Update Plan:

    • Price: $50/month
    • Includes: Monthly reconciliations and reports like income statements and balance sheets. A simple plan for small businesses.

  2. Weekly Update Plan:

    • Price: $100/month
    • Includes: Weekly reconciliations and reports. This plan provides regular updates at a much lower cost than Bookkeeper360.

  3. Daily Update Plan:

    • Price: $200/month
    • Includes: Daily updates on accounts receivable (AR), accounts payable (AP), payroll processing, and sales tax filings. Ideal for businesses with many transactions that require full service and accrual basis bookkeeping.

  4. Extra Services:

    • Tax Preparation: Custom pricing for tax services. 
    • Transaction Monitoring: Full daily monitoring at low cost.

Service Comparison

Bookkeeper360:

  • Technology Integration: Works with QuickBooks and Xero. The platform offers real-time insights through a user-friendly dashboard.
  • Dedicated Support: A dedicated accountant handles your account. KPI reviews and personalized reports help you understand business performance.
  • Best For: Businesses that want advanced reporting, frequent updates, and a full suite of services.

Maxim Liberty:

  • Affordability: Prices start at $50/month, making it a cost-effective choice for small businesses. The daily update plan includes services like payroll processing and tax filings at a fraction of Bookkeeper360’s cost.
  • Personalized Service: You get personalized attention without high costs. Their team handles your core bookkeeping needs.
  • Best For: Small businesses or CPA firms that need efficient, reliable bookkeeping without breaking the bank.

User Reviews

Bookkeeper360:

  • Rating: Between 3.8 and 4.5 stars on review platforms.
  • Pros:
    • Strong integration with QuickBooks and Xero.
    • Real-time insights and personalized support.
  • Cons:
    • High pricing for small businesses.
    • Occasional delays in customer service.

Maxim Liberty:

  • Rating: 4.9 stars from customer reviews (Birdeye Experience Marketing platform).
  • Pros:
    • Affordable pricing.
    • Excellent customer service and personalized support.
  • Cons:
    • Outsourced to staff in India.

Which Service Is Right for You?

Bookkeeper360 works best for businesses that need frequent updates, CFO-level advice, and advanced reports. However, the higher price may be a downside for smaller businesses.

Maxim Liberty is the better choice for those looking for affordable, daily bookkeeping services. With prices starting as low as $50 per month, it’s perfect for businesses that need reliable bookkeeping without all the extras.

Maxim Liberty is a leading bookkeeping company with over 10 years of experience helping small businesses manage their finances. Passionate about making bookkeeping simple and stress-free, we share practical tips and insights.