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ToggleThe cost to Outsource Bookkeeping depends on how big your business is and how complex your financial needs are. On average, outsourced bookkeeping services can cost from a few hundred dollars up to several thousand each month. At first, it might seem more costly than doing it in-house. But once you add up wages, training, and time, outsourcing often saves you more.
Most businesses save between 40% and 60% when switching to an outside team. You also get access to skilled bookkeepers without the need to hire, train, or manage staff. These experts use smart tools and stay up to date with rules, which helps avoid errors and delays. With outsourcing, you get clean records, more free time, and lower long-term costs. It makes it a smart move for growing businesses.
Bookkeeping can take up a lot of your team’s day. With modern cloud tools, outsourced bookkeeping services now save both time and effort. You get clear reports that help you see how your business is doing. By outsourcing, you avoid tasks like tracking costs, handling cash, or setting up accounting tools.
Some firms charge by the hour. This model works best for short-term or one-time tasks. Rates usually range from $25 to $80 per hour, depending on skill and location.
Many bookkeeping companies offer fixed monthly fees. This option includes routine services like bank reconciliation, reports, and software support. Prices often start at $200 and go higher as your needs grow.
Tiered plans group services by business size or needs. Basic, Standard, and Premium tiers allow companies to choose the right level of support and pricing.
This flexible option lets you pay only for the services you use. It’s ideal for seasonal businesses or startups that don’t need full-time help.
Larger firms or those with advanced needs often get custom pricing. This includes inventory tracking, financial planning, or payroll services.
Some firms combine outsourced bookkeeping services with tax filing, payroll, and financial analysis. Bundling can save time and cut total costs.
Here’s a side-by-side breakdown showing how in-house and outsourced options differ in cost and value:
Cost Element | In-House Bookkeeper | Outsourced Bookkeeping Services |
Salary | $35,000–$55,000/year | $200–$2,000/month |
Payroll Taxes | 7.65% extra | Included in pricing |
Benefits (health, PTO) | $5,000–$10,000/year | None |
Office Space + Tools | $3,000–$6,000/year | None |
Software Licenses | Paid separately | Often included |
Flexibility | Fixed hours | Scales with your needs |
Expertise Level | Varies by hiring | A team of skilled professionals |
This shows that businesses can often save 40–60% when they outsource bookkeeping instead of hiring in-house staff.
Some service providers charge a one-time setup fee to get your books in order. Make sure this cost is clear upfront.
If you need services outside of your plan like cleanup, audit prep, or custom reports. This could bring extra fees.
Not all bookkeeping firms include software integration. If they don’t, you may need to buy licenses or pay for system setup.
Cheaper plans might not offer fast support. Slow response times can cause delays in getting reports or solving issues.
Some providers don’t break down their billing. Always ask for a clear list of what’s included to avoid surprise charges.
Transferring data to a new system might require extra work or risk errors. Make sure your provider handles this securely and includes it in the package.
Outsourcing bookkeeping is a strategic move that can lead to significant benefits, including cost savings, access to expertise, and enhanced operational efficiency. Meru Accounting specializes in delivering tailored bookkeeping solutions. We are Offering flexible plans that align with your specific business requirements. Our dedicated team of professionals is proficient in various accounting software and industry best practices.