Merritt Bookkeeping is a virtual bookkeeping service that helps users automate and streamline their financial record-keeping processes. Its features include automated bank statement retrieval, QuickBooks integration, and a simplified web interface. It costs $190 per month, and it’s best for solopreneurs and fiscal teams that need a tool with a fixed monthly price.
Merritt Bookkeeping Pros and Cons
Simple and affordable flat rate
Not ideal for complex financial projects
Great customer support
Thorough and accurate reports
Who Merritt Bookkeeping Is Best For
- Fiscal teams that need a tool with a fixed monthly price: Merritt Bookkeeping offers small businesses a simple and affordable flat-rate plan to help them avoid the burden of additional account fees.
- Solopreneurs: Its basic bookkeeping features help one-person businesses manage finances and track financial operations.
Merritt Bookkeeping Pricing
The Merritt Bookkeeping pricing page shows a flat rate of $190 per month. Additionally, the provider can help users get their books up-to-date for $140 per month or less, depending on the number of months they are behind and whether or not they have a QuickBooks file.
Catch-Up Only (With QuickBooks File)
$0 to $140
Catch-Up Only (Without QuickBooks File)
Looking for a company that scales as you grow? Check out Quickbooks.
Merritt Bookkeeping Alternatives 2020
Online Bookkeeping Services
Startups and small businesses that have a tax professional but need a bookkeeper.
Small businesses that want an all-in-one solution: bookkeeping, payroll, and tax.
Tech start-ups or any small business just getting off the ground.
Small to medium-sized businesses that want to use Quickbooks and Xero bookkeeping, accounting, and advisory solutions.
Businesses interested in 24/7 accounting and support with real-time financial details.
Merritt Bookkeeping Features
Merritt Bookkeeping has the features you need to simplify basic bookkeeping processes, such as bank statement retrieval and financial reporting. Look at Merritt Bookkeeping’s top features below.
Merritt Bookkeeping’s team can help users file appropriate 1099-MISC forms with the IRS, ensuring that they settle their taxes before the yearly deadline.
Automated Bank Statement Retrieval
The software automatically and safely collects payment files, enabling users to get real-time access to their liquidity positions, cash flows, and payment approvals.
Whether you use QuickBooks Desktop or QuickBooks Online, you may use Merritt Bookkeeping to manage and organize your financial data.
Its interactive dashboard gives users instant access to their balance sheet, monthly or annual income statements, and expense graphs, enabling them to track their business’ fiscal performance.
Summary of Merritt Bookkeeping Reviews
As of the date that this article was written (Jan. 30, 2020), there are no up-to-date Merritt Bookkeeping reviews online. If you are a past or current Merritt Bookkeeping customer, then leave a review to help others who are deciding whether or not to use the product.
Merritt Bookkeeping Frequently Asked Questions (FAQs)
When can I view my monthly reports?
You may view your monthly financial reports by the second or third week of the following month.
What if I’m not satisfied with its service?
If you are not happy and satisfied with its service, then you may request your money back within 90 days of having used the software.
Does it offer a tax filing service?
No, it doesn’t. Merritt Bookkeeping can’t help users with any tax filing projects. They are encouraged to seek the help of their CPAs instead.
Our Top Bookkeeping Services Provider Picks
If you aren’t sure that Merritt Bookkeeping is right for you, then this article on the 7 Best Online Bookkeeping Services is a review of our top choices. In this guide, we looked at a variety of solutions and narrowed our recommendations down based on services like basic bookkeeping, cash and accrual accounting, payroll, and tax return.