Freelance Bookkeeping

Freelance Bookkeeping Rates

For those individual who want to join or are in the business already offering bookkeeping services in Australia you can find in this article how to charge your customers. Bookkeepers offer a wide range of services to the business owner such as data entry, preparation of payroll and bank reconciliation. What should be in your mind as a bookkeeper is that each and every business what to minimize the costs and maximize profits. So charging highly sometimes will lead to reduced number of clients who hires you for the bookkeeping services.

Bookkeepers Melbourne charges almost the same since they understand the market and want to make money. In spite of the fact that businesses want to reduce the bookkeeping costs they need to understand that accounting is a specialized area which involves high levels of professionalism and detailed attention.

What are the considerations when coming up with the rates?

Qualification and experience

There are many institutes and universities which offer accounting qualifications in Australia. The qualification for bookkeepers Melbourne can be Certified Practicing Accountant or chartered accountant. Accountants are qualified people with full knowledge in relation to business. A good freelancer bookkeeper Melbourne will charge 25 to 110 dollars per hour; this depends on the experience of the freelancer. Low charging does not imply that the bookkeeper is not qualified. The difference in rates is brought about by the popularity and the services to be provided to the client by the freelancer.see other info from http://www.wisebread.com/14-reasons-why-an-accountant-is-worth-the-money

Services

A freelancer can offer accounting services from home or at the premises of the client. A bookkeeper is required to process that invoice and present it to customers. Freelancer may be needed to offer accounts payable services. Not all businesses will require these services; a bookkeeper may be needed for the purpose of maintaining the accounts and reconciling the bank and credit card statements. The average charges for this particular kind of work range from 25 to 35 dollars an hour. If you charge more than this then you will be overcharging your clients.

Popularity

For a bookkeeper to be popular he/she must have been in the business for a long time. This implies that the bookkeeper is experienced in bookkeeping. The rates of popular bookkeepers are higher than that for less popular ones. Usually accountants with good knowledge prepare appropriate books for the company due to their expertise. A new freelancer bookkeeper is supposed to offer services at lower costs in order to get that chance of working with many clients in order to acquire more experience and become popular. As a new entrant you are required to charge 22 to 28 dollars per hour.

Freelance Bookkeeping

When dicing on the amount to pay the bookkeeper you must put consideration on the number of transaction. The more the transaction the more time will be needed by the freelancer to complete the accounting task. The better starting point without bias for paying a freelancer starts from 25 to 30 dollars per hour if they are working from their own premises. For those freelance who may be working from the client’s premises (onsite) they may receive 28 to 35 dollars per hour.

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