What is the average cost of bookkeeping for a small business?

How much do small businesses pay for bookkeeping?

Bookkeepers charge between $25/hr and $90/hr. Accounting work completed by a CPA, you’ll find a range of $150/hr to $450/hr.

What is a good rate to charge for bookkeeping?

Average Freelance Bookkeeper Hourly Rates

State Average Hourly Rate
California $19.93 per hour
Texas $17.72 per hour
Illinois $16.77 per hour
Florida $15.60 per hour

How much does a bookkeeping business cost?

On average, hiring a bookkeeper will cost you around $40/hr. However, bookkeeper rates may still vary depending on the type of work involved. Basic bookkeeping services start at approximately $33/hr, but depending on the complexity of the job, prices can go as high as $50/hr.

How do I price my bookkeeping services?

A basic strategy for pricing your accounting services is cost-plus pricing. In this strategy, you take what it costs to offer your services and add a percentage to that amount to determine how much you should charge clients in order to make a profit.

How much does an audit cost for a small business?

A small-business audit costs anywhere from $5,000 to $75,000, depending on the size of the company, the complexity of its data and other factors—typically double the cost of a financial statement review, the next highest level of CPA-verified assurance after an audit.

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How much do freelance bookkeepers make?

While ZipRecruiter is seeing annual salaries as high as $97,500 and as low as $20,500, the majority of Freelance Bookkeeper salaries currently range between $37,000 (25th percentile) to $63,000 (75th percentile) with top earners (90th percentile) making $89,000 annually across the United States.

How much do QuickBooks bookkeepers make?

While ZipRecruiter is seeing annual salaries as high as $95,000 and as low as $29,000, the majority of Part Time Quickbooks Bookkeeper salaries currently range between $36,000 (25th percentile) to $58,500 (75th percentile) with top earners (90th percentile) making $93,500 annually across the United States.

How much time do small business owners spend on bookkeeping?

That breaks down to 40 percent of small business owners who said they spend over 80 hours a year, 18 percent spend 41 to 80 hours per year, 15 percent spend 21 to 40 hours a year, and 28 percent spend less than 21 hours per year.

How much is monthly bookkeeping?

On average, a bookkeeping firm will charge anywhere between $300 to $2,000 per month depending on the amount and complexity of work required.

What do bookkeepers charge monthly?

The average price of outsourcing your bookkeeping needs ranges from $500 to $2,500 a month depending on the number of transactions and complexity of services required.