To see more on industry-standard bookkeeping rates, visit our Bookkeeper Hourly Rates page. We only bill against the deposit for actual hours worked, sending an invoice when bookkeeping and payroll services the deposit is low—no surprise renewals. Note that the cells highlighted in yellow should be updated with your firm’s pricing. That’s the same level of encryption you’ll find with online banking.
Overall stats of a medium client
No matter the size or industry of the firm, bookkeeping is an integral aspect of operations. All financial transactions, including sales, purchases, receipts, and payments, must be meticulously documented. You as a business owner have the option of managing your bookkeeping internally or hiring a professional bookkeeping agency. Don’t forget to account for all your overhead costs when setting your rates. This includes software subscriptions, bookkeeping software fees, continuing education and training, professional insurance, and even office supplies.
Service Packages
It supports transparency, encourages clear expectations, and guarantees that customers get the services they require at a fair price. Depending on the above factors, bookkeeping services can cost different amounts. Yet, the hourly rate for bookkeeping services might range starts from $95 on average.
Creates Consistent Pricing
Each one offers a 100% money-back guarantee on your first payment, a 10% price beat guarantee, and an easy cancellation by email with no fees. We log our hours in timesheets and keep detailed audit logs so you see every cost. With our focus on transparency, you know exactly what you’re paying for—no surprises, only reliable bookkeeping that fits your needs.
Price Beat Guarantee on Bookkeeping Hourly Rates
I like to calculate my rate based on my max time, but then I’m rewarded if I work quickly and efficiently. A tool like Financial Cents automates many of the repetitive tasks that you have to perform, such as requesting documents from clients and following up with them. Feel free to customize it to reflect your specific service offerings, expertise, and target bookkeeping price packages clientele. We’re here to help you explore whether our cash basis bookkeeping is a good fit for your business.
Spend less time bookkeeping and more time growing your business.
- Consider factors like transaction volume, industry complexity, and the level of bookkeeping expertise required.
- Whether you require basic bookkeeping or more complex financial planning, Exact Ledgers has you covered.
- All reports can be easily exported to an Excel file to share with your accountant or future bookkeeping provider.
- This firm has seven employees, which includes their attorneys and their general staff.
- We typically work on a month-to-month basis, providing flexibility for our clients.
While you may offer your services at a lower rate when you’re just starting out, your rates should increase as your calendar fills up. I run a startup and used Merritt to get me up to speed on 11 months of backlogged normal balance bookkeeping. This is the first low-cost accounting firm I’ve used that actually cares about getting the categories right and is patient with my questions. I work a maximum of 20 hours per month on this particular client’s books and charge $1,000 a month.
