QuickBooks Live Bookkeeping
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QuickBooks Live Bookkeeping is a SaaS that connects business owners with virtual bookkeeping experts to manage and maintain their financials. A QuickBooks-certified bookkeeper will update existing financials, and an ongoing bookkeeper will maintain the books. Virtual collaboration is available via video calls, and detailed reports are provided.
Strengths
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Convenient
Can access bookkeeping services from anywhere
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Expertise
Bookkeeping services provided by certified professionals
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Real-time
Bookkeeping services provided in real-time
Weaknesses
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Cost
Can be expensive for small businesses
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Limited services
Only provides bookkeeping services, not full accounting services
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Dependent on internet
Requires a stable internet connection to access services
Opportunities
- Can expand services to include full accounting services
- Can partner with other SaaS providers to offer bundled services
- Can expand services to international markets
Threats
- Competition from other bookkeeping and accounting SaaS providers
- Changes in regulations can affect bookkeeping and accounting practices
- Risk of cyber attacks and data breaches
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QuickBooks Live Bookkeeping Plan
QuickBooks Live Bookkeeping offers monthly plans starting at $200/month for a dedicated bookkeeper and access to QuickBooks Online Plus.