bookkeeping pricing

Fixed pricing is when you charge an upfront fee for a defined set of services. This pricing strategy reduces uncertainty for your client, as they’ll know the final cost before you start any work and will be able to budget accordingly. However, you’ll need to be clear about the scale of the project and be realistic about how much time you’ll need to spend on it when you’re considering how much to charge.

We will also submit your end of year returns to HMRC and provide P60’s to your employees at the end of the year. We will calculate the tax and NIC’s for you https://grindsuccess.com/bookkeeping-for-startups/ and also provide you with payslips for your employees. There are many models for charging clients but they essentially fall into three main categories.

Bookkeeping Pricing

We use Dext and Xero to ensure a streamlined process between us which in turns makes your business more productive. There’s also the added bonus that with Dext you’re less likely to loose those important receipts and invoices in order to claim your business expenses. Are you a non-VAT registered business looking for a professional bookkeeper so you will never have to worry about your finances again? We offer three pricing packages for your bookkeeping needs.

Receive – Get confirmation that the accounts have been completed. Every business is required to keep proper records of their income and expenditure. You can read more on pricing strategies in our guide to starting a business. It goes without saying then, that pricing will have a big bearing on your revenue and profitability. Think about what you and your client need out of a pricing structure. You have two levers to drive profitability – money in and money out.

Affordable Bookkeeping packages for small businesses

We provide an attractive fix monthly fee solution which will ensure your books are up to date to comply with HMRC. We also recommend management accounts every quarter/yearly to review your business. For that reason we bespoke your bookkeeping packages to suit the requirements of your business.

How much can I earn as a freelance bookkeeper UK?

So, it's hard to say exactly what you can earn as a freelance bookkeeper in the UK. But a typical hourly rate would be between £10-£25 depending on experience. The average hourly pay for a bookkeeper in the UK is calculated at £11.89 by Payscale, with annual salaries between £18,000 and £36,000.

Before you set your prices, it’s worth taking the time to do some market research. Find out what other bookkeepers are charging in your region by searching online or speaking to peers about their pricing models. It’s a good idea to look at prices set by similar-sized practices, with clients in comparable fields, if you can. When you’re deciding how much to charge for your services, it can be tough to strike the right balance between profitability for your practice and affordability for your clients. If you’re having trouble pricing your bookkeeping services, here are some tips to help you get started.

How bookkeepers charge

At Approved Accounting we package our services into a fixed monthly fee, rather than charging by the hour. We offer monthly bookkeeping services that will save you time and money and help your business run more profitably. bookkeeping for startups We charge a monthly price based on your type of business, the number of monthly transactions you have, and any additional services you may require. We offer high-quality services at competitive and affordable fees.