Search thousands of topics on CostHelper.com

BROWSE ALL TOPICS >> appliances babies & children  cars  consumer electronics health & personal care home & garden personal finance  pets  schools small business weddings
CostHelper > Small Business  > Bookkeeper

Bookkeeper Cost


How Much Does a Bookkeeper Cost?

 
 average costRange: $20-$50 an hour 
post E-mail post Post  
  Typical costs:
  • Hourly rates for an outside bookkeeping service run $20-$50 an hour, depending on complexity and location. Usually you can hire a trained, experienced bookkeeper on a contract basis for $30-$40 an hour, but there can be a minimum monthly charge of $100-$150 for small businesses that don't require a lot of work hours. The amount of bookkeeping time required will vary significantly depending on the complexities of the business and the industry. An established Northern California retail store with 12 employees generates about 4-6 hours a week of bookkeeping work, or $480-$960 a month, plus $80 in monthly fees for a payroll service to issue paychecks and file payroll tax forms.
  • Accountants sometimes have on-staff bookkeepers to provide these services, usually at $30-$50 an hour.
  • Online services such as SBSuite[1] (starting at $69/month for a basic package) and EasyBookkeeping.com[2] (which has an online cost calculator to input your company's specifics) handle your company's bookkeeping needs entirely through e-mail, phone calls, faxes and the Internet.
  • A typical salary for an in-house bookkeeper in the United States runs $30,400-$39,898 according to Salary.com[3] . The average annual pay for a bookkeeping account executive is $68,294, or $57,600 for a payroll manager, according to BookkeeperList.com.
Related articles: Business Tax Preparation, Accounting Software, Payroll Service, Accountant

What should be included:
  • A business needs accurate and up-to-date bookkeeping for two reasons--to pay taxes and to understand how your business is doing. These tasks can be done in-house by an employee or business owner using computer software; by an outside bookkeeper; or by an accountant--but having an accountant doing daily bookkeeping tasks is the most expensive option. Generally an accountant gives an overview, providing financial advice and recommendations, while a bookkeeper handles the crucial but more daily nitty-gritty of maintaining business records.
  • A bookkeeper does not necessarily need a degree in accounting, but should have formal college-level coursework, experience and a detailed-oriented attitude. A bookkeeper may complete tax forms and generate standard financial reports or might simply gather and prepare the detailed numbers that a Certified Public Accountant uses for tax preparation, financial analysis or a business audit.
  • With the advent of easy-to-use accounting software such as QuickBooks, many new small business owners start out doing their own bookkeeping, because they want to keep tabs on what's happening. Microsoft.com[4] lays out reasons to hand off at least some of your bookkeeping tasks to a professional.
Shopping for a bookkeeper:
  • Gaebler.com[5] gives tips for hiring a bookkeeper. Ask other local business owners for referrals and be sure to check a company's record with the Better Business Bureau[6] .
  • The American Institute of Professional Bookkeepers[7] lets you search the resumes of potential employees or freelance bookkeeping services. The institute also has certification[8] programs for bookkeepers at more than 200 colleges.
  • Intuit[9] lets you search for local accounting and bookkeeping professionals who are certified to work with its QuickBooks software.
post E-mail post Post  
CostHelper News


Forgotten Expenses In a Home Addition Budget
Items like construction costs, permit fees or debris removal aren't the only expenses to consider when calculating the total costs of a home remodeling project. || Posted August 5 2013


7 Ways to Stretch Your Reduced Food Budget
End of the year budgets are tight for everyone, especially in this economy.It's especially hard for the millions of Americans who depend on government programs like food stamps to help make ends meet. || Posted November 11 2013

‣ All CostHelper Blog Posts


What People Are Paying - Recent Comments


 

Comment On Your Experience With a Bookkeeper
 
Subject:  *
Amount Spent:  * per month
Firm or Employee: Frequency: 
Hours per month:   
Comments: 
Purchased:  Year: 
City:  * State:  *
 
Information about you:
Email:  * Email addresses are not displayed.
Name:  This is the name we'll display with your post.
me on this computer
*=required field.
 



External Resources:
  1.  www.sbsuite.com/bk.html
  2.  www.easybookkeeping.com/
  3.  www1.salary.com/Bookkeeper-salary.html
  4.  www.microsoft.com/smallbusiness/resources/finance/tax_advice/good_reasons_to_have_both_...
  5.  www.gaebler.com/Hiring-a-Bookkeeper.htm
  6.  search.bbb.org/
  7.  www.aipbjobs.com/
  8.  www.aipb.org/pdf/CB_Support_Flyr_Small.pdf
  9.  proadvisor.intuit.com/acm/alpha/search-criteria-v2.html?latitude=034.063&longitude=-118...
More Small Business Topics
Check Out All Costs for Small Business How Much Does a Security Guard Cost? How Much Does a Business Sale Attorney Cost? How Much Does a Motivational or Keynote Speaker Cost?

Search Thousands of Topics on CostHelper.com




Today's Featured Cost Articles

About CostHelper
CostHelper is based in Silicon Valley and provides consumers with unbiased price information about thousands of goods and services. Our writers are experienced journalists who adhere to our strict editorial ethics policy.

CostHelper Community
simple re-keying turned into outrageous replacements
Paid: 1100.00
I wanted locks rekeyed for a purchased home. I found a locksmith who runs his own business and is a one man team. $40 fee, $25 each lock for labor, and parts. Fair enough. I told him I wanted 3 locks rekeyed and one broken lock replaced... [more]
-expensive lesson
Door Lock Cost
Braces 12 yr old son
Paid: 5100.00
Insurance will pay 2000. Try not to deal with a office accepting Horizon NJ Health /Medicaid. Your child may end up waiting over 30 minutes over the scheduled appointment because Medicaid pts. need to be seen first... [more]
-LavenderBlue
Braces Cost
Child 2 surface Cavity Fill
Paid: 170.00
My dentist charges $170 for a 2-surface filling on an elementary aged child. Total bill for 9 cavities and 6 sealants is $1900... [more]
-
Cavity Filling Cost
Shingles Vaccine
Paid: 162.50
Presented at Dr. Office with mild shingles diagnosis. Was given vaccine to treat possible post shingles neuralgia. Poster in exam room showed CDC FDA protocol guidelines changed from age 60 to age 50... [more]
-Flyngator
Shingles Vaccine Cost
Air duct and furnace cleaning
Paid: 320.00
Found a deal on groupon for $59, for duct cleaning. Two guys came out a week later. They cleaned all the vents then stuck a vacuum in the main vent, they said, and let the machine go to work... [more]
-Torro
Duct Cleaning Cost
timing chain replacement
Paid: 2000.00
2001 F150 timing chain, I'm getting quoted a grand more everyone on this site, why is that?... [more]
-Chris Clingshoff
Replacing a Timing Chain Cost