Bookkeeping and Accounting for It Consultants

In search of a bookkeeper and accountant for your IT consultancy? We manage your books, so you have more dedicated time to enhance your tech solutions. Experience our services for free.

Oops! Something went wrong while submitting the form.

No credit card required. By clicking ‘Start a Free Trial’, I agree to Bench’s Terms & Privacy Policy.

How Bench works with it consultants

Get your bookkeeping, income tax prep, and filing done by experts—optimized for the digital world. Bench seamlessly integrates with IT consulting businesses.

We get you set up

Our team devotes the time to comprehensively understand your IT consultancy, address your queries, assist you in connecting your accounts, and demonstrate how Bench functions in your industry.

We do your bookkeeping

Every month, your bookkeeper meticulously organizes your IT consultancy's transactions and generates financial statements. If they require any further details from you, they won't hesitate to reach out.

We deliver tax-ready financials

Our team of experts is well-versed in tax regulations related to the IT consulting sector and will tailor their strategy to your business’s specific requirements.

Here’s why it consultants like you trust Bench with their bookkeeping and accounting

Get fast, unlimited support from our expert advisors

We're consistently available with up-to-date bookkeeping summaries for IT consultants. Got critical inquiries that can't be delayed? You can expect a response from us in less than one business day.

women with headset and laptop sitting on the couch
screenshot of Bench support app

Guaranteed accuracy in every detail

Our platform empowers IT consultants by automating data inputs from most major providers to mitigate errors. We’re in alliance with industry giants like Gusto, Stripe, Shopify, and Square—ensuring your financial records remain precise at all times.

See where you’re spending. Make smart decisions

Wave farewell to mountains of invoices and tedious manual tracking—we streamline inputs directly from your linked accounts. Gain valuable insights from one consolidated dashboard, effortlessly understanding the health of your IT consultancy and making strategic decisions with confidence.

people doing their bookkeeping at a table

Bench integrates with your favorite small business tools

We sync seamlessly with your financial accounts and tools to keep your books up-to-date and save you the time and effort of manually uploading documents.

Trusted by 25,000+ American small business owners

“Bench helped me replace QuickBooks, and save about 6 hours per month of horrible accounting work, which is priceless.”

CHRIS RONZIO

CEO, TRAINUAL
“This is the first year where it’s tax season and I don’t feel anxious one bit.”

DR. BUKKY KOLAWOLE

FOUNDER/EXECUTIVE DIRECTOR, RELATIONSHIP HQ
“Bench has lifted a giant weight off my shoulders and freed up my time so I can focus on earning money and working with clients, meetings and calls.”

HEATHER SHOLL

FOUNDER, THE VILLAGES GYM
Trust Pilot review previewCapterra review previewG2 review previewGetApp review preview

We know bookkeeping for it consultants

Navigating the financial intricacies of the IT consulting industry can be a complex ordeal, especially with the ever-changing landscape of industry-specific laws and taxes. From the management of 1099-MISC forms for independent contractors to correctly handling deductible business expenses, the need for expert, dedicated, and specialized bookkeeping is paramount. At Bench, we understand these challenges and extend our services to ensure that IT consultants can focus on what they do best—solving technical problems and providing valuable consulting services.

Bench offers a revolutionary approach to bookkeeping by combining intuitive software with the expertise of real human bookkeepers. Our team of bookkeeping professionals are well versed in the specific laws and taxes pertaining to the IT consulting industry. Our unique approach helps us implement practical strategies to alleviate common bookkeeping issues this sector faces—from tracking billable hours to correctly classifying income and expenses—for a stress-free tax season for your business. As an IT consultant, you can fully rely on Bench to handle all your bookkeeping and tax needs, allowing you to focus on growing your business while we ensure your financials remain accurate, compliant and up-to-date.

Simple, straightforward pricing for everything your business needs.

Get bookkeeping, tax prep, advisory, and filing with Bench's powerful, easy-to-use platform.

Choose Plan

Essential

Best for those looking for peace of mind and accurate financials done by professional bookkeepers.
$249/mo

billed annually

Dedicated bookkeeping experts
Accurate monthly books and year-end tax-ready financial packages
P&L, balance sheet and 1099 reporting
Unlimited communication with your bookkeeping team

Premium

Best for those looking for an all-in-one bookkeeping, tax advisory and income tax filing service.
$399/mo

billed annually

Everything in Essential plan
Dedicated team of licensed tax professionals to file your income tax return on time
Annual income tax filing for businesses (partnerships, S corps, C corps)
Annual income tax filing for individuals (sole proprietors, contractors)

Essential

Best for those looking for peace of mind and accurate financials done by professional bookkeepers.
$299/mo

billed monthly

Dedicated bookkeeping experts
Accurate monthly books and year-end tax-ready financial packages
P&L, balance sheet and 1099 reporting
Unlimited communication with your bookkeeping team

Premium

Best for those looking for an all-in-one bookkeeping, tax advisory and income tax filing service.
$499/mo

billed monthly

Everything in Essential plan
Dedicated team of licensed tax professionals to file your income tax return on time
Annual income tax filing for businesses (partnerships, S corps, C corps)
Annual income tax filing for individuals (sole proprietors, contractors)

Frequently Asked Questions

Close and Open IconA graphic of a plus and minus icon that represents the action to close and open.
As an IT consultant, what specific tax deductions or credits should I be aware of?

As an IT consultant, there are several tax deductions and credits you should be aware of:

  • Home Office Deduction: If a part of your home is used exclusively for your work, you may be able to deduct a portion of your housing expenses.
  • Equipment and Software: The cost of computers, software, and other necessary IT equipment may be deductible.
  • Professional Development: The costs of certification courses, further education, or any professional development can often be deducted.
  • Travel Expenses: If your work requires travel, you may be able to deduct these costs, including airfare, accommodation, and meals. This can also include travel to conventions, expos, or training seminars related to your field of work.
  • Health Insurance: If you're self-employed, you may be able to deduct premiums that you pay for health, dental and qualifying long-term care insurance coverage for yourself, your spouse and dependents.

It's important to note that tax laws change frequently, and what you can deduct can vary depending on your location and unique situation. Therefore, it's always a good idea to engage with a professional bookkeeper who's familiar with IT consulting work to navigate the specifics.

Close and Open IconA graphic of a plus and minus icon that represents the action to close and open.
What kind of bookkeeping system is best for tracking and itemizing my IT-related expenses?

The best kind of bookkeeping system for tracking and itemizing your IT-related expenses would probably be a cloud-based system with features specifically designed for managing IT finances. Such a system allows for real-time tracking of expenses, easy categorization and itemization of IT costs, and accessibility from any device. Bench’s own online bookkeeping service is a solid choice for this purpose. All these offer custom expense categories and tracking, and they're designed to make financial management as easy and efficient as possible for businesses in all industries, including Information Technology.

Close and Open IconA graphic of a plus and minus icon that represents the action to close and open.
How should I manage financial records for contracts, project-based work, and recurring IT consulting services?

Managing financial records for contracts, project-based work, and recurring IT consulting services can be complex. The most efficient way to handle this is by implementing an Integrated Accounting System. This system keeps track of all your financial transactions, invoices, and payments. You can also use it to track time and expenses for each project or contract.

You should also consider hiring a bookkeeper or an accounting firm to ensure that your finances are properly managed. They can help to keep your records organized, up-to-date, and in compliance with tax laws. Furthermore, they can provide valuable financial insights that can help you make informed business decisions.

Bench Accounting provides comprehensive bookkeeping services tailored to your business needs. We have a team of expert bookkeepers who can manage your contracts, project-based work, and recurring IT consulting services, ensuring that your financial records are always accurate and organized.

Close and Open IconA graphic of a plus and minus icon that represents the action to close and open.
Does Bench outsource bookkeeping?

Nope! All bookkeeping is completed in-house.

Close and Open IconA graphic of a plus and minus icon that represents the action to close and open.
Will I have one point of contact?

Your bookkeeper will be your main point of contact, but at times you might hear from another member of your team. This is usually when your bookkeeper goes on vacation, is sick, or otherwise unavailable.

Close and Open IconA graphic of a plus and minus icon that represents the action to close and open.
How much time each month will I have to spend managing my Bench account?

We handle the bookkeeping for you but sometimes we’ll need your input, especially at year-end. On average, expect to spend 15 minutes each month answering questions for your bookkeeper, or uploading supporting docs.

Bookkeeping Services for IT consultants

Sign up for a Bench trial, and get one month free. If you decide to go with us, we’ll take bookkeeping off your plate—for good.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

No credit card required. By clicking ‘Start a Free Trial’, I agree to Bench’s Terms & Privacy Policy.