Bookkeeping is an essential part of running a business, but it can be difficult to know how much it will cost to hire a bookkeeper in Seattle. The cost of a bookkeeper can vary depending on a number of factors, including their experience, the services they provide, and the size of your business. Here’s a breakdown of what you can expect to pay for a bookkeeper in Seattle:
Hourly rates
Many bookkeepers charge by the hour. The hourly rate can range from $45 to $75 per hour, depending on the bookkeeper’s experience and the services they provide. On average, you can expect to pay around $50 to $70 per hour for a bookkeeper in Seattle.
Monthly retainer
Some bookkeepers in Seattle offer a monthly retainer service, where you pay a set fee each month for their services. The cost of a monthly retainer can range from $300 to $1,500, depending on the services provided and the size of your business.
Flat fees
Some bookkeepers in Seattle offer flat fee services, where they charge a set fee for specific services such as reconciling bank statements or preparing financial reports. The cost of a flat fee can range from $200 to $800, depending on the services provided.
Virtual or Remote Bookkeeping
Many bookkeepers and accountants now offer virtual or remote bookkeeping services which make it more cost-effective for businesses. The cost for these services can range from $50 to $100 per hour.
Software costs
Some bookkeepers in Seattle may also charge an additional fee for using their bookkeeping software, which can range from $25 to $100 per month. QuickBooks Online Essentials plan, which is the most commonly used accounting software for our clients costs $55 per month and a Simple Start plan for freelancers and individual contractors starts at $30 per month.
It’s important to note that the cost of a bookkeeper in Seattle can vary depending on the services they provide and the size of your business. Be sure to shop around and compare prices to find a bookkeeper who fits your budget and provides the services you need. It’s also important to consider the long-term benefits of having accurate and up-to-date bookkeeping records and the peace of mind that comes with it.
In conclusion, the cost of a bookkeeper in Seattle can vary greatly depending on the services provided and the bookkeeper’s experience. It’s important to shop around and find a bookkeeper who fits your budget and provides the services you need. The cost can range from $45 to $75 per hour, $300 to $1,500 for a monthly retainer, $200 to $800 for a flat fee service, and $50 to $100 per hour for virtual or remote bookkeeping services. Additionally, there may be additional costs for using bookkeeping software.
