- Bookkeeping

Bookkeeping Rate for Quality Work

Should a bookkeeper Melbourne really be charging a $100 per hour? That’s a question many are asking and the truth is it’s hard to answer that question! It might sound like a cop-out but it’s the truth because you can only judge a bookkeeping rate on the quality of the work they produce. So, what is the going rate for quality work and should you look at DIY bookkeeping rather than paying hundreds for bookkeepers? click here for more details

Flat Rates

First, there are many bookkeeping services that offer a flat rate fee for their services. This flat rate can be anywhere between a $100 per month and $2000–$3000 per month. How can there be such a range? It is down to the freelancer and bookkeeping company and what they feel is a suitable rate for their client. It could be that clients that require less time will get a flat rate with a lower price and the ones that require more man-power is slightly higher. In terms of quality, you should be getting a price that reflects the quality you are seeing. It’s hard to put a dollar figure on that because it really depends on what each individual regards as quality and reasonable rates. To find out more, check out bookkeeperco.com.au.

Rates Per Hour

A bookkeeper Melbourne might also choose to charge a rate per hour instead of a flat rate. The reasons between charging a flat rate and hourly rate can come down to fluctuating time for the same client each month; and because they may feel the flat rate is not suitable for that client. However, rates per hour for quality work can range from $25 to $75. Again, the lower amounts don’t always mean poorer quality but rather what some bookkeepers charge to their clients. Remember, bookkeepers have rates they set so it’s what they feel is reasonable. for more details, visit : https://www.gov.uk/self-employed-records

DIY Is Not Advisable

Bookkeeping rates for quality work can be very much affordable and reasonable and you should look into these before you venture into the DIY world. Do it yourself bookkeeping is not going to be as easy as it appears as there is a lot of work to take care of. It can be a lot of work and it might be far too much for one person to do, especially if you are not trained in bookkeeping. You have to also keep in mind that mistakes cost money so you have to ensure there are very few mistakes. DIY bookkeeping isn’t always wise. To find out more, check out bookkeeperco.com.au.

Get Quality Work for a Quality Rate

Just because you are asking for quality bookkeeping that doesn’t mean to say the rates have to be overly high. There are many who get a bookkeeping professional who offers a great price for great results. That is what you actually want because it enables you to get more quality out of your bookkeeping and more value for money. A bookkeeper Melbourne can help to get a quality service and their rates don’t have to be too high for you either.

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