Hiring a full-time bookkeeper in this situation could be the right answer for you. If a small business owner finds that their online staff is difficult to contact with questions or issues after employing an accounting firm, they could become irritated. Jetpack Workflow has created a free bookkeeping price template that will bill your clients accurately without starting from scratch on every bid. The template can be customized to your company’s pricing structure and is meant as a starting point for your bidding process. If they do agree to provide retroactive records, you could end up with a pretty hefty bill. The cost of full-service accounting is hefty, and CPAs tend to charge a higher hourly rate than bookkeepers.
Try us for free—we’ll do one prior month of your bookkeeping and prepare a set of financial statements for you to keep. Unlike other bookkeeping solutions, we don’t remove your login access after your subscription has ended. That means you’ll never lose access to your data within our platform. All reports can be easily exported to an Excel file to share with your accountant or future bookkeeping provider.
Best for Startups
After all, bookkeeping is the process of tracking your business assets, liabilities, income, and expenses. It’s used for making smart and informed business decisions and ensuring continuous cash flow. Jetpack Workflow has created a free set of 32 accounting and bookkeeping workflow templates to help you standardize your workflows and ensure nothing falls through the cracks. As a business owner who specializes in a non-accounting product or service, it’s easy to get lost in recording transactions or overlook an item when doing data entry.
With fixed pricing, you are essentially setting up a service menu and attaching a fixed price to them across the board. As a simple example, this means that year-end tax return preparation fees will be billed the same way for Client A and for Client B. We can complete accrual adjustments like tracking accounts bookkeeping services price list receivable and/or accounts payable, unearned revenue tracking, and more with our specialized accounting add-on. If we are recording accrual adjustments for you, revenues and expenses are recorded when they’re earned throughout the year, regardless of when the money is actually received or paid.