How Much Do Bookkeeping Services for Small Businesses Cost?

price bookkeeping services

The American Institute of Professional Bookkeepers (AIPB) certification program is ideal for someone who doesn’t have any formal education in bookkeeping. Certification exam and materials are $610 for nonmembers and $515 for AIPB members. Upon completion of all certification requirements, you’ll earn the designation of Certified Bookkeeper (CB), which you can include on your business cards and marketing materials. Select a state from the drop-down menus below to show the average rate for bookkeepers in that state. Tim is a Certified QuickBooks Time (formerly TSheets) Pro, QuickBooks ProAdvisor, and CPA with 25 years of experience.

How do you package bookkeeping services?

  1. Step 1 – Create Gold, Silver, and Bronze Options.
  2. Step 2 – Fill Out the Services That Are Needed in Each Option.
  3. Step 3 – Fill Out the Level of Support That Are Included in Each Option.
  4. Step 4 – Include the Apps That Are in Each Option.

I often just use the bill pay directly through the bank with this client, as it’s relatively easy to do, and many banks will do that service for free. Another extra task that I do for this client is to write checks for this preschool, so I am a signer on the bank account. It’s unusual for the bookkeeper to be able to write and sign checks, but because it is such a small business, we have our duties divided a little bit differently than it may normally look. To illustrate what a small client looks like, I’ll be using a preschool I do bookkeeping for that generates about $150k in revenue a year. This preschool employs six teachers and hosts about 100 students. Get up and running with free payroll setup, and enjoy free expert support.

Step 2 – Define Your Scope

If you are still wondering how much does a bookkeeper cost, explore your options. An online bookkeeping business has likely automated most of the services you require and they can have a team of experts at the ready if you are in need of help. The short answer is much more than an online bookkeeping service or freelancer. Although, some may pay hourly, especially for part-time employees. Bookkeeping can help you maintain your financial records, track expenditures and revenue, and provide an up-to-date snapshot of the growth and overall health of your business.

  • Because this type of service requires a lot of industry-specific knowledge, you’ll be able to charge a higher rate than on typical bookkeeping engagements.
  • You are also paying too much if a junior accountant is spending hours and hours on complicated tasks that a CPA could do quickly.
  • An online bookkeeping business has likely automated most of the services you require and they can have a team of experts at the ready if you are in need of help.
  • The more frequently you provide your services, the higher your rate can be.
  • QuickBooks Live Bookkeeping is, hands down, why I have been able to stop waking up in the middle of the night panicking about the financial end of my business.

However, businesses need services that can also handle payroll and taxes. See if they can integrate with your current bookkeeping software. How much a bookkeeper costs also depends on the payment arrangement.


You know what they say—“You get what you pay for.” And, that saying holds true for bookkeeping services. You should be charging your clients accordingly for your services. Otherwise, you could wind up losing clients to other firms (and no bookkeeper wants that).

  • The Xendoo team can also save you money by ensuring all your expenses are properly tracked so there are no surprises when it comes time to file taxes.
  • While this makes it easier to control your bookkeeping costs, most small businesses require consistent services to keep their books straight.
  • In general, good cloud-based software makes accounting easier and reduces the hours, allowing you to charge more per hour.
  • If your business is moving into a growth stage, you need to consider graduating to full accrual based accounting, with financial and management reports that help you scale.
  • Thank you for such thought-provoking views on accounting services.

The price should match the time you expect to spend completing the work each month. The costs a small business or nonprofit incurs for bookkeeping will depend upon many variables. In addition to these basic bookkeeping activities, your costs will be impacted by how your accounting systems, policies and procedures, and reporting needs are set up and administered. There are steps you can take to lower the total cost of accounting and bookkeeping services.

Affordable Startup Bookkeeping and accounting

But gone are the days when bookkeepers only used to work from a physical office setting. Today, the importance of virtual bookkeepers is increasing rapidly. Many businesses hire a virtual bookkeeping assistant to remotely manage all their bookkeeping tasks.

Clients in major cities may be willing to pay more for bookkeeping services than clients in smaller towns. A full-time bookkeeper handles the day-to-day accounting functions for your office. Keeping your books in order and up-to-date is the foundation of the financial strength of your business. Hiring a full-time bookkeeper in this situation could be the right answer for you.

How to charge for bookkeeping services usually comes down to either hourly or fixed pricing. The Kruze team also makes time for client communications and monthly Zoom calls for clients in our premium pricing tiers who want to connect on their financials. We actually want to talk to our clients (although we also understand if they are too busy to to talk – building a startup is a lot of work!). With millions of venture capital dollars at stake, we do find that most of our clients DO want to talk with our team on a regular basis.

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