Bench accounting services shutting down • Hacker News Board

Re: Bench accounting services shutting down

#61

Post by willcipriano » Fri, Dec 27, 2024, 5:08 PM UTC

pplante wrote: post #58

willcipriano wrote: post #57

Earlier quoted context omitted.

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What gave you that impression? I always consulted my financials when making decisions. Unfortunately the books were wrong and I made incorrect choices from that bad data.

When I go over my household budget I'd notice if I wasn't paying my mortgage even if someone deleted it from my spreadsheet. It's important enough to me that it's front of mind when I'm thinking about money. I expect to see it on the list. I'd look for it if it wasn't there. Salaries are apparently not that big of a deal in the same way so asking for a higher one seems like a good idea.

Re: Bench accounting services shutting down

#62

Post by ahadalicpa » Fri, Dec 27, 2024, 5:08 PM UTC

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Re: Bench accounting services shutting down

#63

Post by bagelss » Fri, Dec 27, 2024, 5:09 PM UTC

wdaher wrote: post #29

If you’re a tech startup and previously used Bench, I’d strongly encourage you to check out Pilot.com - we work with literally thousands of startups. (Disclaimer: I’m one of the founders.)

I’m interested in migrating over to Pilot. How is the migration process from bench? It seems we can do a data export in a few days. Can pilot do 2024 catch up?

Re: Bench accounting services shutting down

#64

Post by jbench1234 » Fri, Dec 27, 2024, 5:09 PM UTC

nuesko wrote: post #51

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Re: Bench accounting services shutting down

#65

Post by ahadalicpa » Fri, Dec 27, 2024, 5:10 PM UTC

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Re: Bench accounting services shutting down

#66

Post by jmarc1986 » Fri, Dec 27, 2024, 5:11 PM UTC

nuesko wrote: post #51

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Re: Bench accounting services shutting down

#67

Post by Nelkins » Fri, Dec 27, 2024, 5:11 PM UTC

This is terrible. I paid them ~$4500 to do all my taxes and book keeping (just started my business this past June). What recourse do I have to get that money back?

Re: Bench accounting services shutting down

#68

Post by 801accounting » Fri, Dec 27, 2024, 5:11 PM UTC

lgreer wrote: post #52

I have been a Bench customer for eight years. I have simple books, and the service was perfect at the time. Over the last three years, the turnover was bananas - and for the last three years, the year-end financials kept taking longer and longer to complete. This year, it was to the point I was going to leave. They offered a discount and a chance to adjust. They did much better, until this month when the announcement…

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Re: Bench accounting services shutting down

#69

Post by [deleted] » Fri, Dec 27, 2024, 5:12 PM UTC

pplante wrote: post #58

willcipriano wrote: post #57

Earlier quoted context omitted.

[flagged]

What gave you that impression? I always consulted my financials when making decisions. Unfortunately the books were wrong and I made incorrect choices from that bad data.

[deleted]

Re: Bench accounting services shutting down

#70

Post by bagelss » Fri, Dec 27, 2024, 5:16 PM UTC

Does anyone have experience with Kick.co? It seems more self-managed with AI. I don’t want to migrate to another company that’s just going to close again despite being well funded.

7 years with bench and just renewed the annual plan last month. Seems like it’s unlikely we’ll see any refund for the 11 months remaining. Very frustrating to have to mirage somewhere else and pay for 2024 catch up.