Bookkeeping · 7 min read
How Much Should Monthly Bookkeeping Cost for a Small Business?
Monthly bookkeeping cost depends on the size of your business, number of transactions, accounting software, number of accounts, payroll complexity, and reporting needs. Some businesses pay a simple monthly fee, while others need custom pricing based on volume and complexity.
Common Monthly Bookkeeping Pricing Ranges
Small business monthly bookkeeping pricing often falls into these ranges:
- Very small business or freelancer: $150–$300
- Small business with moderate activity: $300–$750
- Growing business with payroll/invoices: $750–$1,500
- Complex business or multi-entity company: $1,500+
What Affects Bookkeeping Cost?
Monthly bookkeeping pricing may increase based on:
- Number of bank accounts
- Number of credit cards
- Monthly transaction volume
- Payroll activity
- Accounts receivable
- Accounts payable
- Inventory
- Multiple locations
- Multiple entities
- Sales tax tracking
- Cleanup needs
- Industry complexity
- Reporting requirements
What Is Usually Included?
Monthly bookkeeping services may include:
- Bank reconciliation
- Credit card reconciliation
- Transaction categorization
- Monthly profit and loss statement
- Balance sheet
- Cash flow review
- QuickBooks maintenance
- Communication with CPA
- Basic financial reporting
