The cost to hire a professional to do your QuickBooks bookkeeping varies significantly based on the scope of work, your business size/complexity, and the professional's experience/location.
You will typically encounter two main pricing models:
1. Fixed Monthly Fee (Most Common for Ongoing Service)
This is the most popular model as it provides predictable costs. Fees are generally tiered based on the volume of transactions and the complexity of the services you require.
Scope of Service Typical Monthly Fee Range
Basic Bookkeeping (Bank/Credit Card Reconciliation, Expense Tracking) $200 – $500 per month
Mid-Level Bookkeeping (Basic + Accounts Payable/Receivable, some reporting) $500 – $1,500 per month
Comprehensive/Full-Service (Mid-Level + Payroll, Inventory, Advanced Reporting, Advisory) $1,500+ per month
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2. Hourly Rate
This is often used for one-time projects (like cleanup or setup) or for very small businesses with irregular needs.
Bookkeeper Experience/Location Typical Hourly Rate Range
Remote/Virtual (Less experienced or offshore services) $20 – $40 per hour
Local/Certified Bookkeeper (QuickBooks ProAdvisor) $40 – $75 per hour
CPA or Advanced Financial Professional $75 – $150+ per hour
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3. QuickBooks Live Bookkeeping
Intuit's own virtual service offers fixed pricing based on your business's average monthly expenses:
Average Monthly Expenses Monthly Price
$0 - $10,000 Approximately $300
$10,001 - $50,000 Approximately $500
$50,001 or more Approximately $700
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Note: QuickBooks Live also requires a one-time cleanup/setup fee (often several hundred dollars) if your books are not already up-to-date.
Key Factors Driving the Cost
When seeking a quote, a professional will assess:
Transaction Volume: The sheer number of monthly bank and credit card transactions is the #1 cost driver. More transactions = more time spent.
Business Complexity: Costs increase if you deal with:
Inventory management (tracking costs of goods sold).
Payroll processing (especially for W-2 employees).
Multiple revenue streams (e.g., e-commerce, services, retail).
A complex Chart of Accounts or multiple bank accounts.
Book Status (Cleanup): If your books are disorganized or behind by several months or years, you will pay a significant one-time fee (often project-based or a higher initial hourly rate) to get everything current before the ongoing monthly service begins.
Software Cost: You still have to pay for your QuickBooks Online subscription, which is a separate expense from the bookkeeper's fee.