Thursday, April 15, 2010

Quick survey: How much do you pay for bookkeeping?

What is the going hourly rate for a part-time person to do data entry of transactions into QuickBooks and reconcile the accounts?





This is basic bookkeeping, not full-charge bookkeeping, not writing checks, not paying bills, not accounting, no taxes, and no payroll. Just entering the income and expenses and doing the monthly reconciliation. Location: San Jose, CA





EMPLOYERS: How much do you currently pay your bookkeeper?





BOOKKEEPERS: How much do you charge for this type of work?





Note: I just want the rate of pay. I'm not looking for job applicants from this website. Feel free to email me if you prefer.





Thank you!

Quick survey: How much do you pay for bookkeeping?
$10 - $15 an hour. $10 for data entry


$15 for reconcilation. However, if the information is downloaded into Quickbooks, the reconciliation should be a click of a button. Accounts may need to be addressed after downloading, but that's it.
Reply:You can hire a bookkeeper starting at about $7.00 an hour here in Alabama. However, you get what you pay for.





Many businesses don't want to hire someone full-time, but most people want a full-time job. So, possibly the most desirable people with the skills you are looking for are not wanting something part-time.





Outsourcing your bookkeeping works very well. I work as a staff accountant at a CPA firm and I do different things for different clients. Some is just data entry, like keying in data from check stubs, to bank recs. I also do payroll taxes, etc. My employer charges clients $25.00 and up and hour for my services depending on what I do. But I can work fast because I do this a lot.





I have turned in my notice at work and I am doing bookkeeping on my own now for people and I am charging them $20.00 an hour.





If you want to find someone for as little pay as possible - check with your local college, there are always students looking for part-time work and the opportunity to get a reference.





If you want to pay someone a bit more and feel more comfortable that they are doing it right and not having to train them, etc. then I would suggest outsourcing.





You don't have to hire anyone local either (I am assuming the pay rate in California is high). You can send your items to someone via UPS or FedEx for almost cheaper than time and gas to drop paperwork off or have someone pick it up. And with remote systems today, people can work straight from your computer via the internet.





Good luck!
Reply:I do my own bookkeeping but I know offices that start at $10 an hour to do the same thing you are asking. This is in Indiana.





Hope that helps a little.......


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