average charge for freelance bookkeeping services

#Average charge for freelance bookkeeping services professional#

Once your monthly statements are completed, the accountant or CPA can also assist you with interpreting them and also provide advice on making future business actions however, it will cost you on average up to $400 or more for just a two-hour consultation. The accountant will usually also supply you with monthly and annual financial statements, which can take up to an hour and a half for him or her to prepare and review your books, which can cost up to $600 in the end.

However, reaching out to an accountant company or CPA can cost you up to $600 for a basic tax consultation.

#Average charge for freelance bookkeeping services professional#

However, for more complex record-keeping, you can expect to pay bookkeeping prices as high as $400 per hour or more for services.Ĭome tax time every business has its share of tax concerns or issues, which can cause the owner or owners to reach out for professional help. Reports show that the average accountant charges around $150 an hour for their bookkeeping services. In fact, working with a traditional accounting firm or CPA, you can generally expect the following breakdown of costs: Therefore, if you are a small business with smaller projects, fewer transactions, and fewer reporting requirements, paying big bucks for professional accounting and bookkeeping can be unjustified.

In fact, many accounting companies and CPA’s often charge by the hour, which can be costly and intimidating to the average business. However, because they typically work with larger businesses whose needs are more complex and whose financial reporting requirements are more rigorous, which can be more demanding and time-consuming, it is reflected in their rates. Traditional CPA and accounting companies provide useful bookkeeping and accounting services that help business owners achieve well-regulated books that can be used for making valuable business decisions and meeting important goals from budgeting to determining their working capital needs to setting prices for their products or services, which are all necessary to help their business grow.ĭuring tax time, they also assist with tax preparation.

And you won’t be compromising quality, as our experienced bookkeepers are also highly trained and offer many of the same benefits and IRS compliancy as traditional accounting company and CPA services.

Our outsourced bookkeeping services are designed especially for small businesses, which is reflected in our affordable bookkeeping prices to match. However, when it comes to enlisting the aid of a traditional accounting company or CPA to manage your financial records, the cost can be staggering, especially if you are a business that is just starting out, which in turn may cause you to shy away from the much-needed professional assistance you need to be able to handle your financials As a small business, you may dream of procuring professional bookkeeping and accounting services to ensure your financial records are kept accurate and organized, which can be quite a task doing yourself, especially without prior knowledge or experience in professional bookkeeping. Finding a professional and affordable accountant with reasonable bookkeeping rates can be tough, but it’s imperative to keep your financials organized.