How Much Does Bookkeeping Cost in Peterborough?
The cost of a bookkeeper for your Peterborough based business can vary widely.
You can start by clicking here and filling in this form to get custom quotes for Peterborough bookkeepers and bookkeeping services.
The cheapest option is just to use software such as Freshbooks, Quickbooks, or Zoho Books.
Some of these have free plans and generally don’t cost more than $200 per month for basic bookkeeping. But do, require you or someone at your company to keep the records up-to-date.
The next cheapest option is to hire a freelancer which can cost anywhere from $10 to $200 per hour on sites like Upwork.
However, your best option may be to hire someone locally in Peterborough. You can find a list of Peterborough bookkeepers above or click here to fill in this form to get custom quotes.
Finally, we cover the costs of hiring a full-time Peterborough bookkeeper in more detail below.
What Software Can I Use For Bookkeeping in Peterborough?
There are many popular bookkeeping software options available for Peterborough based businesses.
The 5 most popular options for Peterborough businesses are:
1. Freshbooks
- Monthly cost ranges from $6.80 to $22 per month for Peterborough businesses
- Free trial available
- Use for fast and easy invoicing and payments
- Ability to track Peterborough taxes owed
- Partnership with Bench for a real human bookkeeper available as a paid add-on
2. Quickbooks
- Plans for Peterborough businesses range from $15 to $200 per month.
- Offer a paid QuickBooks-certified bookkeeper option
- Offer an Accurate Books Guarantee for your Peterborough bookkeeper
- Track Sales and Peterborough sales tax
- Track Income, expenses, invoice and payments
3. Zoho Books
- Free for Peterborough businesses doing less than $50k a year in revenue.
- Price range of $15 to $240 per month for larger Peterborough businesses.
- Offer an online bookkeeping program designed for small businesses
- Offers a multi-user interface
- Free customer support over email, phone, and chat.
4. Xero
- Plans normally priced between $13 and $70 per month for Peterborough businesses
- Has partnership program for Peterborough accountants & bookkeepers
- Offer an all-in-one accounting software solution
- Ability to use bank connections to track trasnations
- Automatically calculate Peterborough sales taxes on transactions, and use reports to prepare Peterborough sales tax returns.
5. Patriot Software
- Offers two plans for Peterborough businesses $20/month or Premium for $30/month.
- Designed especially to be used by small businesses
- Unlimited number of users, including your accountant
- Use either (or both) cash-basis or accrual accounting
- Free USA-based support
What is a typical bookkeeper salary in Peterborough?
A full-time Peterborough bookkeeper makes sense if you have ongoing bookkeeping needs beyond what software or a freelancer can realistically handle.
Nationally the annual salary of a bookkeeper ranges from a low of $29,917 per year to high of $61,027 per year with an average of $42,729. So in most cases you should expect to pay a full-time Peterborough bookkeeper somewhere in that range.
Just keep in mind that does not include benefits, such as health-insurance, 401k, etc.
What is the hourly rate of a Peterborough bookkeeper?
If the salary above seems too high, you may want to consider hiring a part-time Peterborough bookkeeper.
The national average hourly rate for a bookkeeper ranges from a low of $14.67 per hour to a high of $29.93 per hour with an average of rate of $20.95. Again this excludes the costs of benefits.
Are all Peterborough bookkeepers certified?
Unlike CPAs, there is generally no legal requirement to be certified or have a license to be a Peterborough bookkeeper. However, there are two national organizations that do provide certification for bookkeepers.
These are the the National Association of Certified Public Bookkeepers (NACPB) and the The American Institute of Professional Bookkeepers (AIPB).
The AIPB exam allows Peterborough bookkeepers to use the Certified Bookkeeper (CB) designation. Those who earn their certification through the NACPB can use the Certified Public Bookkeeper (CPB) title.
Therefore, make sure to ask any potential Peterborough bookkeeper if they are have either one before hiring.
What’s the easiest way to find a Peterborough bookkeeper?
Easy, just click here and fill out the form and relevant bookkeepers serving Peterborough will be in touch.