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Showing posts from September, 2020

Should you pay a fixed or hourly fee for your bookkeeping?

Everyone in California wants cheap bookkeeping Orange County for their business to save on costs. There is always someone cheaper somewhere. However, you need to be very careful when choosing a cheap bookkeeper especially those that claim to do everything involved in bookkeeping at extremely low prices. Today, we will talk about an hourly and fixed fee when it comes to choosing bookkeeping services. Hourly vs. fixed fee The hourly rate may appear to be cheap but it may end up being expensive in the long run. Fixed price value billing is gaining popularity as it limits the surprises but some bookkeepers may offer low prices that aren’t sustainable. A lot of bookkeepers request a portion or all of the fees paid upfront through a retainer or deposit. An upfront fee can send signs of expensive though it isn’t initially an additional expense when hiring bookkeeping services. Hourly Some bookkeepers will charge an hourly fee for their services which can include a minimum charge. Hourly