Home Forums Money matters Bookkeeping fees & virtual bookkeeping Reply To: Bookkeeping fees & virtual bookkeeping

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I have two friends who provide this service and it depends on the complexity.
If it’s straight data entry and a simple bank req then between $50 and $70 per hour.
If it’s more complex work that an accountant might charge $2-300 per hour an Accountant that runs a bookkeeping service can provide CFO style advice, like cash flow projections, setting up systems to automate sales and invoicing, BAS and tax preparation etc then it’s $80 – $120 per hour. Much cheaper than an Accountant.
Hope this helps but it’s always you get what you pay for.
I do know a few providers out of India that do a pretty good job for half the cost but it depends if you’re comfortable with virtual