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Your In-House Bookkeeping Costs
11 Expectations From Your Bookkeeper
Instructions: Fill in the boxes to calculate your monthly costs to maintain your own bookkeeping
Cost of Bookkeeper
Item
Amount
Typical Costs
Bookkeeper's hourly rate($)
/hour
$17/hour
Incorrect Data
Bookkeeper's weekly work hours
/week
40/week
Incorrect Data
Bookkeeper's Health insurance costs ($)
/month
$450/month
Incorrect Data
Weeks of paid vacation per year
weeks/year
2 weeks/year
Incorrect Data
Payroll taxes & worker's comp (as a % of salary)
%
15%
Incorrect Data
Overhead (as a % of office space, computer, supplies)
%
20%
Incorrect Data
Retirement/401k Benefits (as a % of salary)
%
3%
Incorrect Data
Cost of Your Time to Manage the Bookkeeper
Item
Amount
Typical Costs
Hours per week you spend with the bookkeeper
/week
3 hours/week
Incorrect Data
Value of your time (not cost) ($)
/hour
$150/hour
Incorrect Data
External accountant fees to review and remedy bookkeeping mistakes($)
/month
$300/month
Incorrect Data
Calculate and E-Mail me the Report
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