Bookkeep

What is Bookkeep?

Bookkeep is a tool that automatically posts sales and payment data on an accrual basis right into your accounting software, and reconciles them. It integrates with over 60+ ecommerce platforms like Shopify, Square, Quickbooks, Xero, and more.

Bookkeep allows founders, accountants, and CFOs to save time on manually filing transactions so they can focus on growing revenue.

Payment & Provider Integrations

Bookkeep has the most integrations out of any accounting automation platform. From platforms like Amazon, Etsy, and eBay, to point-of-sale systems like Clover and Square—if you use it, chances are that Bookkeep works with it.

Clean Financial Statements

Bookkeep turns thousands of transactions into organized summaries delivered in a daily email. Even if you have multiple sales channels, the tool brings in data from all of them to serve one simple report.

Training & Support

Bookkeep’s support team is there to help. Chat and email help is available in just minutes during business hours and training and video sessions happen five days a week. It also has an extensive knowledge base for help with accounting principles, setup, and connecting platforms.

Bank & Currencies

Bookkeep meshes well with both financial institutions and international customers. Bank deposit breakdowns are available for Square and Shopify and the tool can even convert currencies for you in QuickBooks and Xero.

What is Bookkeep’s pricing?

Bookkeep has three tiers depending on your revenue: the Essential plan ($60/month) is for brands doing at most $3 million in revenue with three channels or less; the Plus plan ($160/month) is for brands doing at most $7 million in revenue with 10 channels or less; and the Advanced plan ($320/month) is for brands doing at most $12 million in revenue with 20 channels or less. If you opt for the annual plan charged up front, you get 25% off the monthly price.

Please note: historical imports cost $0.35 per journal entry and there’s an optional $99 setup support call for brands on the Essential plan (Plus and Advanced plans have a complimentary one-hour onboarding call).

All three plans offer the same features while the Plus and Advanced plans also have sales tax automation powered by Avalara and deferred revenue recognition from Shopify. Bookkeep also has a free 14-day trial in which you can use all the features, excluding posting historical journal entries.

Who uses Bookkeep at a brand?

Bookkeep is primarily used by a brand’s financial team, but its features are applicable to almost every function. Whether it’s your CFO, accountant, or bookkeeper, Bookkeep is designed with them in mind, and you can also add unlimited users at no additional cost.

Because the tool offers features like a cost of goods sold report and daily revenue reporting, marketing and growth teams will also find it valuable to verify numbers and track metrics like contribution margin, ROAS, CPA, and more.

Revenue, cash flow, and profit is the lifeblood of any direct-to-consumer business, so Bookkeep has features applicable for every team.

Opinion: Is Bookkeep worth it?

Keeping the books up to date and accurate is one of the most necessary functions in running your business. Although it’s not sexy and doesn’t inherently contribute to growth, organization is vital.

For just a few hundred bucks (or less), having Bookkeep is a wise investment. It automatically integrates with your existing tech stack and will save everyone on your team time.

The result? More money back into your business and less headache.

If you’re a brand doing anywhere from a few hundred dollars a month to $10 million or more, Bookkeep is absolutely something to consider. They offer the most integrations out of any bookkeeping tool and their support team will be there to answer any questions big or small.

We also love that they don’t charge for extra users or have complex plans—everything necessary is included in one price and there are no elaborate schemes to get you to pay more for features that you don’t need.