A bookkeeper does not necessarily need a degree in accounting, but should have formal college-level coursework, experience and a detailed-oriented attitude. ![]() Generally an accountant gives an overview, providing financial advice and recommendations, while a bookkeeper handles the crucial but more daily nitty-gritty of maintaining business records. These tasks can be done in-house by an employee or business owner using computer software by an outside bookkeeper or by an accountant-but having an accountant doing daily bookkeeping tasks is the most expensive option. A business needs accurate and up-to-date bookkeeping for two reasons-to pay taxes and to understand how your business is doing.Related articles: Business Tax Preparation, Accounting Software, Payroll Service, Accountant The average annual pay for a bookkeeping account executive is $68,294, or $57,600 for a payroll manager, according to. A typical salary for an in-house bookkeeper in the United States runs $30,400-$39,898 according to.Online services such as SBSuite (starting at $69/month for a basic package) and (which has an online cost calculator to input your company's specifics) handle your company's bookkeeping needs entirely through e-mail, phone calls, faxes and the Internet.Accountants sometimes have on-staff bookkeepers to provide these services, usually at $30-$50 an hour.An established Northern California retail store with 12 employees generates about 4-6 hours a week of bookkeeping work, or $480-$960 a month, plus $80 in monthly fees for a payroll service to issue paychecks and file payroll tax forms. The amount of bookkeeping time required will vary significantly depending on the complexities of the business and the industry. ![]() Usually you can hire a trained, experienced bookkeeper on a contract basis for $30-$40 an hour, but there can be a minimum monthly charge of $100-$150 for small businesses that don't require a lot of work hours.
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