Bench simplifies your small business accounting by combining intuitive software that automates the busywork with real, professional human support. From our experience, most startups save money by learning to manage their bookkeeping and taxes with bookkeeping services near me some guidance. Many new businesses need help with compliance but may not have the budget for a full-time bookkeeper or accountant.

Top 10 Bookkeeping Service Providers for interior design firms 2025

Companies are moving toward virtual bookkeeping services out of convenience and cost savings. This is a more modern way of managing records for a business with the use of digitization and cloud storage. Find out more about how virtual bookkeeping services and accountants compare and Bookkeeping 101 which is best suited for your company at this time.

• These benefits include access to tax resource support in Live Expert Assisted.
• Everything is managed digitally and online, and all documents and information are shared via a computer and software like QuickBooks or NetSuite.
• No matter the size of your business, keeping accurate financial records, handling invoices, and preparing for tax season can be a huge headache.
• Some companies charge bookkeeping fees by the hour, while others charge per page.
• Many new businesses start out doing basic bookkeeping by themselves.

Factors That Affect Bookkeeping Rates

Each option has its benefits and deterrents – especially regarding cost. Using outside firms to handle your bookkeeping is similar to hiring an in-house bookkeeper to handle basic bookkeeping responsibilities without the added overhead cost of carrying employees on your payroll. This is highly beneficial to companies entering a growth stage without having to provide additional office space or pay salary benefits.

Tax Preparer

However, these factors do not influence our editors’ opinions or ratings, which are based on independent research and analysis. We believe everyone should be able to make financial decisions with confidence. While we don’t cover every company or financial product on the market, we work hard to share a wide range of offers and objective editorial perspectives. Yes, you’re free to switch QuickBooks Online plans or cancel at any time.

• To determine which model is best for you, consider discussing your requirements with potential service providers and evaluating their proposed pricing structures.
• Accounting software can help you automate your accounting services, track transactions as they happen, and even prepare tax documents and reports.
• It all comes down to the level of support you need and the complexity of your business.
• Hourly rates can vary between $20 to $50 per hour, based on location and experience.
• Look at the types of services you offer and compare what you currently charge to others.

Basic Bookkeeping

Hiring a part-time bookkeeper at 20 hours per week at a rate of $17 dollars an hour (the high end of the average hourly cost cited above) will cost you $340 total for the week. A strong alternative to hourly billing is fixed-rate (or flat-fee). It means you set a fee for each service you offer and provide clients with a ‘menu’ of sorts, with corresponding prices. A traditional bookkeeper will usually charge you an hourly rate to do your books each month.

$200 – $1,000+ average cost per month (part-time)

• Most accountants charge between $150 and $450 per hour—but you can enjoy some of the same benefits by opting for a more affordable accounting software, which typically costs up to $150 per month.
• Based on the average salary of a bookkeeper, you should be paying roughly $3,516 a month for bookkeeping if you choose to hire a bookkeeper.
• But with today’s advancements in technology, outsourcing has never been easier.
• While many small-business owners opt to do their own accounting and bookkeeping, there may come a time when you decide to hire out these services.
• Virtual bookkeepers compare to in-person bookkeepers and accountants in a number of ways.
• 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.
• Our intuitive software automates the busywork with powerful tools and features designed to help you simplify your financial management and make informed business decisions.

In fact, the bookkeeper is indispensable and is the cornerstone of your company’s financial well-being. However, the full-timer is still accountable to you as a business owner, so, like a part-timer, you must review their results for accuracy. Our partners compensate us for advertisements that appear on our site. This compensation helps us provide tools adjusting entries and services – like free credit score access and monitoring.