Bookkeeping Pricing Packages & Plans Bench Accounting

While the latter offers a clear and upfront cost and allows you to define your pricing based on quantity or unit (e.g., number of transactions processed). The current average salary of an accountant fluctuates between $ 35,000 and $ 55,000 per year, plus benefits and overheads, depending on the position. According to various platforms, current ads in high-cost cities like New York or Los Angeles show salaries rising as high as $ 70,000.

How to package your bookkeeping services as a small business

• Many business owners find themselves overwhelmed by the “money” side or financial side of their operations.
• Check out my blogging for accountants 6 keys to success which I’ve successfully used myself.
• CWM Tax Services offers a range of different packages to suit customers of every size.
• This simplicity makes it a good option for new bookkeepers or those with clients whose bookkeeping needs fluctuate month-to-month.
• Keeping your books organized and up-to-date is the foundation of your company’s financial strength.
• Research your competitors’ pricing models and packages to position yourself competitively.

A small freelance bookkeeping business with no employees that you run from your kitchen will have lower fixed costs than a firm with a few employees and an office. Our accounting and bookkeeping packages are based on frequency of service. Our bookkeeping services are month-to-month and you can cancel at any time.

• Professional services and accounting tasks will be included in each of the Bronze, Silver, and Gold tiers.
• With the power of people and technology, our team dives deep into COGS and inventory accounting.
• Our fast, skilled QuickBooks clean-up service will get you up to date—and a more accurate view of your financials.
• This also gives them control during the negotiation process.”

Different Accounting and Bookkeeping Services You Can Get

They would know what services to expect from you, and you could charge an automatic, monthly fee. 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. Businesses typically expect certain services to be part of bookkeeping, but providing additional offerings that add value to your clients’ businesses can justify charging a higher fee. These tasks might require different certifications, specialized skills, or https://adanakilitparke.com/blog/contribution-margin-what-it-is-and-how-to/ additional time, which means they can be billed at a different rate.

What Bookkeeping Services Can Be Packaged?

• Here, you charge a set fee for each hour you spend working on a client’s books.
• The bookkeeping cost per month will be a fixed fee to help you plan your expenses and manage cash flow.
• Basically, you establish a predetermined price for a specific service or a defined package of bookkeeping services.
• This is basically coming up with different options and giving the customer the chance to choose.
• We have been working with Velan Bookkeeping for a few years, and they’ve been great!

If getting your books caught up is your priority, our Catch Up and Retro bookkeeping teams will work with you to get your books in order, fast. Get in touch with us today to request a quote and find out how we can help take your business to new heights. You can also use a template like this to come up with pricing. Instead of a sales pitch, guide a discussion highlighting the value you deliver and how you can help clients achieve their goals. Our goal as entrepreneurs is to figure out what is the maximum that they are willing to pay and we need to remember that everyone is willing to pay a different price. Note that the cells highlighted in yellow should be updated with your firm’s pricing.

As you’re evaluating bookkeeping service packages, we’d like to show you what makes Zeni’s price packages different from other bookkeeping solutions. We are not a traditional finance firm, and our service plans aren’t traditional either. Zeni is a full-service finance automation platform that offers bookkeeping and accounting services for startups and small businesses. Keep reading to learn more about Zeni’s pricing structure and the value we deliver—and how it stacks up to traditional bookkeeping price packages and services. Zeni supports unlimited transactions from unlimited accounts for a flat monthly fee. Explore our flexible and affordable bookkeeping pricing packages designed to meet the unique needs of your business.

An experienced bookkeeper will charge a higher monthly rate or a fixed cost for their services income statement than those with less experience. Potential clients would also want their services since they are assured of quality service. Jetpack Workflow has created a free set of 32 accounting and bookkeeping workflow templates to help you standardize your workflows and ensure nothing falls through the cracks.

A major and effective way to do that is to move to a remote or hybrid work set-up. Contact us today and we’ll customize a package that fits your needs. For businesses that need financial oversight & deeper reporting. An accountant familiar with your industry will know how your numbers work.

Our Accounting and Bookkeeping Packages

After you sign up to Bench, a member of our bookkeeping team will assist you in connecting all your financial accounts securely to our platform. This enables you and your Bench team to work together seamlessly from the start. Learn how to build, read, and use financial statements for your business so you can make bookkeeping pricing packages more informed decisions.