The cost to hire a bookkeeper can vary greatly depending on things such as your location, whether you choose a freelancer vs a bookkeeping company, the bookkeeper’s experience, and their possible certifications. On average, in the United States, a bookkeeper typically makes around $20 per hour according to the Bureau of Labor Statistics. If you hire a freelance bookkeeper who is new to the field with limited experience and no certifications, they are going to cost a lot less than a bookkeeper who is certified, has experience in your specific industry, and has been a bookkeeper for a while.
It also depends on your business’s bookkeeping needs. If you only need someone to do the most basic bookkeeping like recording and organizing your books, it will cost less than if you want them to track invoices, do regular reconciliations, track payroll, etc.
There are some bookkeepers who will charge you a flat rate instead of an hourly rate. If you choose to go with a bookkeeping service, such as Remote Books Online, you will not be charged by the hour, but rather by the number of accounts and transactions your business encounters in a month. As a business owner, you must first know what your business needs, then research and find the right bookkeeper or bookkeeping service for you.