Table of Contents
Toggle- How QuickBooks Live Bookkeeping Experts Transformed Accounting Hassles for MSMEs and Self-Employed?
- Benefits of QB Live Bookkeeping for MSMEs, Self-Employed, & CPAs
- Can AI Impact the Demand for QuickBooks Live Full Bookkeeping Service?
- Need for QuickBooks Live Bookkeeping in Today’s Ever-Evolving Landscape
- Conclusion
- Frequently Asked Questions
Are you tired of keeping track of the spreadsheets? Do you hate losing your valuable time, juggling between multiple bookkeeping activities? If yes, then the time has come to reclaim your freedom and start focusing on the aspects that actually matter to the growth and prosperity of your business. Today, many solopreneurs and small business owners are not aware of Intuit’s QuickBooks Live Bookkeeping. In 2019, Intuit came up with a new and flexible offering (QuickBooks Live Bookkeeping) that transformed the ways for small businesses to access and leverage bookkeeping experts.
With QuickBooks Live Bookkeeping, Intuit has turned QuickBooks and its trusted partners into a collaboration platform by connecting self-employed and MSMEs from different industries with on-demand assistance for all its products. To this date, this offer remains one of the successful decisions from Intuit. QB Live Bookkeeping has not only served the community of MSMEs and Solopreneurs but has also empowered CPAs and other accounting professionals to deliver the best results.
In this blog, we are going to cover everything about QuickBooks Live Bookkeeping Service, starting from its history to its advantages and its need in today’s hour. So, let’s begin with it!
How QuickBooks Live Bookkeeping Experts Transformed Accounting Hassles for MSMEs and Self-Employed?
According to a report conducted and published by Wakefield Research on November 7th, 2019, 40% of small businesses with 0-100 team size, using QuickBooks, were not in any professional connection with an accountant. The situation of professional bookkeepers was even worse! Many found it difficult not only to find new clients but also to retain existing ones. This is when Intuit came up with a masterstroke. By blending the technology and simplicity of the software with a virtual and on-demand network of professional bookkeepers, QuickBooks transfigured the method of business accounting from conventional to digital solutions.
At present, QuickBooks solves the two biggest challenges that small business owners without accountants’ face; the lack of confidence that they’re managing their books correctly and finding an expert to help them manage their books on an ongoing basis.
But how has a service-based model grabbed the attention of financial professionals in such a short span of time? Let’s understand by highlighting some of the advantages of using QuickBooks Live Full-Service Bookkeeping.
Benefits of QB Live Bookkeeping for MSMEs, Self-Employed, & CPAs
With quick access to certified bookkeepers and ProAdvisors, QuickBooks has helped a huge number of businesses to manage their financial records in real time. QuickBooks Live Bookkeeping has truly become the first of its kind–an expert-driven, robust platform that enables small businesses to make smarter financial decisions and also keep sound tax and compliance management.
Let’s take a look at some of the reasons why QB Live Bookkeeping has become a go-to solution for businesses and self-employed to save a lot of time and resources.
1. Accurate and Up-to-Date Books
One of the biggest challenges businesses faces is maintaining accurate financial records. And this is exactly one of the major aspects that attract accounting professionals towards QB Live Bookkeeping as it accuracy it provides in managing the books. With QuickBooks Live, your transactions are properly categorized, and your bank accounts are reconciled each month. This minimizes discrepancies, avoids potential audit risks, and ensures that your financial reports reflect your true business health.
2. Time-Saving Solution for Businesses and Solopreneurs
Who doesn’t want to save as much time as possible that they are putting in valuable tasks? Bookkeeping is really important but why would any entrepreneur like to spend hours on it? Instead, they seek a better resource who can not only manage their Books but also keep them posted regularly. This is why QuickBooks Live Bookkeeping Expert has become a go-to solution for SMEs to save a hell lot of time and invest it in a vertical that requires more attention and resources.
3. Effortless Integration with QuickBooks Online
Another major aspect that directly creates a prominent role in constantly convincing businesses to use QuickBooks Live is its integration capabilities. QuickBooks Live works within QuickBooks Online, eliminating the need for additional software or complicated setups. Your live bookkeeper can directly access your financial data in real time, making collaboration smooth and hassle-free. This seamless integration ensures that all updates and changes are automatically reflected in your QuickBooks account without the need for manual data transfers.
4. Regular Reports & Financial Insights
Every entrepreneur needs to analyze and understand the financial position to make smarter decisions. In today’s competitive landscape, one cannot overlook any minor mistake in the books that might eventually lead to legal pitfalls. This is why outsourcing QuickBooks Live Bookkeeping service holds severe importance among SMEs and Solopreneurs. With QB Live, you receive detailed financial statements, including balance sheets and profit & loss reports, every month.
These insights help you track revenue, expenses, and overall business performance. So, have a clear financial overview and make decisions that drive growth, peace, and profitability.
5. Cost-Effective & Scalable Solution
An entrepreneur is not considered as a smart one unless he/she is willing to make smart or dumb decisions in order to minimize the operating cost of their business. Thus, many industry experts believe that hiring a full-time bookkeeper or accountant can be expensive for small businesses and budding startups. And this is yet another reason behind the success and adoption of QuickBooks Live.
QuickBooks Live offers an affordable alternative, providing professional bookkeeping services at a fraction of the cost of hiring an in-house accountant. With different pricing tiers available, businesses can choose a plan that best fits their needs, ensuring they get professional support without exceeding their budget.
6. Error-Free Tax Preparation & Compliance
We believe that the success of a business should not just be considered by revenue generation but other factors like brand goodwill, value creation, and legal compliance as well. Legal pitfalls can significantly affect day-to-day operations and leave a dent in a business that would eventually hurt an entrepreneur in the long run. QuickBooks Live ensures that your books are clean, tax-ready, and compliant with accounting standards.
This reduces the chances of filing errors, tax penalties, or missed deductions. With well-maintained records, you can maximize tax benefits and file returns confidently without last-minute stress.
7. Expert Bookkeeping Assistance
This remains one of the classic reasons behind the popularity of QuickBooks Live Bookkeeping. QuickBooks Live connects you with highly trained, certified QuickBooks ProAdvisors who specialize in bookkeeping. These professionals ensure that your financial records are accurate, properly categorized, and up to date. Whether you’re a small business owner or a freelancer, having expert guidance can significantly reduce financial errors and improve bookkeeping efficiency.
In case you are also looking for a seasoned bookkeeping expert or a Certified ProAdvisor, then we are here to help you minimize time wastage and keep your software running smoothly. Here’s our QuickBooks Live Bookkeeping Number is +1-855-875-1223.
So, these are some of the advantages of QuickBooks Live Bookkeeping for MSMEs and CPA firms. But QuickBooks is not alone in this race. With competitors like Bench Accounting, Pilot, Wave Advisors, KPMG Spark, and Ignite Spark, QuickBooks has continued to deliver the best possible solutions to businesses of all sizes and verticals.
On top of this cut-throat competition and rapid changes in client preferences, there’s a myth that is flowing in the circuit of Finance, AI will impact the demand of bookkeepers and professional accountants. While entrepreneurs think that there is a possibility of such a thing happening, many new-age leaders have a belief that artificial intelligence can never overtake human intelligence. After all, it is humans who have invented AI, not the other way around.
Read More: Why QuickBooks Cloud is the Most Preferred Choice for CPAs?
Can AI Impact the Demand for QuickBooks Live Full Bookkeeping Service?
There’s a famous saying that runs around the internet these days and it goes, “AI will not replace humans but humans with AI will replace humans without AI”. To some extent, it is true if we try to understand. No matter how great a particular technology is, there is always a .1% chance of mishappening, and this .1% is enough for us to not completely rely on AI-powered tools and software, especially in the case of business accounting and finance.
Now the question is, what is the future of QuickBooks Live Bookkeeping Experts in countries like the United States? Well, according to some sources, the demand for professional bookkeepers in the United States is high, but the supply of qualified professionals is not keeping up with the pace. AI might not impact those who are keen to learn more and perform better constantly. Even the demand and supply game are different in every region. This states that this stability is just a minor inconvenience for this industry to flourish. Let us understand why businesses need QuickBooks Live Bookkeeping service now than ever before.
Read More: QuickBooks Online vs QuickBooks Desktop: A Detailed Comparison [2025]
Need for QuickBooks Live Bookkeeping in Today’s Ever-Evolving Landscape
In the era where financial accuracy and efficiency define business success, QuickBooks Live Bookkeeping has emerged as a vital solution for modern entrepreneurs. As businesses scale, the complexity of financial management increases, making it essential to have expert guidance without the burden of hiring a full-time bookkeeper.
Here are some of the reasons why businesses need QuickBooks Live Bookkeeping service in today’s ever-evolving financial landscape.
1. The Rise of Digital Transformation in Accounting
With cloud-based accounting becoming the norm, businesses need real-time financial insights and expert bookkeeping to stay ahead. QuickBooks Live effortlessly integrates with QuickBooks Online, offering professional bookkeeping services at an affordable cost. This ensures businesses can maintain up-to-date records while leveraging AI-powered automation.
2. MSMEs Needs More Than Just a Software
While accounting software simplifies financial tasks, it doesn’t eliminate the need for human expertise. Many business owners struggle with activities like categorizing transactions correctly, reconciling bank statements, and preparing for the tax season. Those who don’t face any problem with these activities look to spend their time on other imperative activities.
3. The Demand for Cost-Effective Bookkeeping Solution
As we said, hiring an in-house resource can be a costly move, especially for small and budding enterprises. QuickBooks Live Bookkeeping offers affordable, pay-as-you-go bookkeeping support without the overhead of a full-time hire. Its scalability allows businesses to receive financial expertise tailored to their needs, whether they are startups, freelancers, or growing enterprises.
In today’s fast-paced financial landscape, businesses can’t afford bookkeeping mistakes. Inaccurate financial records can lead to cash flow issues, tax penalties, and poor decision-making, ultimately hindering business growth. QuickBooks Live Bookkeeping ensures that businesses maintain error-free, updated financial records with expert guidance, allowing entrepreneurs to focus on what’s next rather than what’s happening.
Conclusion
So, these are some of the benefits and reasons that attract businesses of all scales and verticals to look for the best QuickBooks Live Bookkeeping services. If you’re also looking for the same, then QAsolved is here to assist you in the best possible manner. It doesn’t matter if you’re a seasoned QB user or have just started with it, our certified ProAdvisors and other accounting experts are here to assist you in the best possible manner. From installation to migration and troubleshooting, we’ve got you covered!
Contact us today to strengthen your day-to-day accounting and bookkeeping tasks and maximize your efficiency.
Frequently Asked Questions
With QuickBooks Live Expert Full-Service Bookkeeping, a dedicated professional will familiarize themselves with your business, update your past financial records, and handle your bookkeeping from start to finish. It is best for a user to either schedule a free consultation or call +1-855-875-1223.
There’s a pretty easy and convenient way to connect with our expert QuickBooks Live Bookkeepers. All you need to do is click on the link or call on our toll-free number +1-855-875-1223.
QuickBooks Live Bookkeeping is ideal for small businesses generating less than $500K in revenue, startups, or sole proprietors managing any kind of business.
The monthly cost for bookkeeping generally falls between $500 and $2500. The exact price depends on factors like the size of your business.
The service maintains, reconciles, updates, fixes and categorizes transactions in your books throughout the month. At the end of each month, the bookkeepers will reexamine books and later on give reports on a phone call or video chat.
They can access only your QuickBooks files, comprising the data you have uploaded into the QB account.
The Bookkeepers are experienced in the field of finance, accounting, and Bookkeeping. The team is made up of Certified QuickBooks ProAdvisor and among these, some of them are CPAs. All of them have worked in small businesses.