![]() American Institute of Professional Bookkeepers (AIPB) The provider can then include it in his/her business cards and marketing materials as well as charge the befitting rates. Once all certification requirements have been met, one will earn the designation Certified Professional Bookkeeper (CPB). The certification exam costs $600 for non-members and $400 for NACPB members. The NACPB certification program is ideal for folks with an associate degree or bachelor’s degree in accounting. To become a certified provider, one has to complete one or several of these certification programs: National Association of Certified Public Bookkeepers (NACPB) As such, a provider with two certificates will charge a higher rate than one with just a single certificate. The more certifications a provider has, the more qualified they are expected to be at what they do. The more qualified the professional, the more they are likely to charge for their service.īasically, there are three main types of certifications available for bookkeepers. While hiring highly qualified professionals guarantees quality results, it does not come cheap. How Qualified is the Bookkeeping Service Provider? Average Bookkeeping Rates in Different States This is because the rural areas do not have as many bookkeeping service providers as is the case in bigger cities. This 46 cents per hour difference may sound negligible, but will ultimately impact the overall bookkeeping cost you have to incur.Īs you can see, the cost is much higher in areas that are considered to be rural than it is in metropolitan cities. This is relatively lower than the cost charged by freelance bookkeepers in California, with an average rate of $19.93 per hour. On average, bookkeeping fees in Nevada, Montana, North Dakota, Wyoming, and Idaho is about $19.5 per hour. Holding other factors constant, the rate will vary based on your geographical location (Zip code). Based on statistical findings, the industry-standard across the country is about $23/hour. As such, it pays to do your research before outsourcing these tasks.ĭiscussed below are some of the important factors that will affect the much you end up paying in bookkeeping fees: Your Localityīasically, the cost of bookkeeping and accounting services vary from one state to another. Getting outside help can cost you between $500 to $2,500 per month. So, what exactly are the factors affecting the cost of freelance bookkeeping? Although freelance bookkeeping is a more affordable option for many businesses, the cost varies from one project to another. Outsourced Bookkeeping Cost Factorsįor small and medium-sized businesses, outsourcing bookkeeping services saves on time and money. However, most businesses make the leap see the value and experience an ROI rapidly. As such, the cost of full-service accounting is much higher. This is mainly because the cost will be partially influenced by the complexity of the process. Ready to Hire a Bookkeeper For Your Business?ĭo You Need Basic Bookkeeping or Full-Service Accounting?įor startups and relatively young businesses, the key concerns include remaining compliant with state and federal regulations, getting paid and paying bills.Īdditionally, small businesses need to record their transactions and ensuring that their payroll is accurate.Īs the business grows, you will reach a certain threshold whereby you will need accurate financial reports and intelligence.Īt this point, you will require the service of professional bookkeepers for your advanced bookkeeping needs.Īdditionally, you will also need accrual-based accounting and management or managerial accounting to influence data-driven decisions.īefore you try to ascertain how much this service with the cost you, you first need to figure out whether you need simple bookkeeping or complex accounting solutions.Do You Need Part-Time, Full-Time or Freelance Bookkeeping?. ![]() ![]() American Institute of Professional Bookkeepers (AIPB).National Association of Certified Public Bookkeepers (NACPB).How Qualified is the Bookkeeping Service Provider?.Average Bookkeeping Rates in Different States.Do You Need Basic Bookkeeping or Full-Service Accounting?.
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