That way, when it is time to file your small business taxes, you can easily access all the data you need. As part of ongoing bookkeeping, your bookkeeper categorizes your transactions and reconciles your accounts each month. Templates, workflows and automations all give you time back in your day that you can spend building your client base and adding value for existing clients. Studies show that if given three options, consumers are 66% more likely to choose the middle tier. Value-based pricing means pricing your services upfront based on the perceived value they have to your clients. With an hourly rate, unless you can find more hours in the day, it’s difficult—borderline impossible—to drive up profit significantly.

This process makes it easier to upsell clients to the next-highest tier for better value and convenience. How you introduce the pricing of your different packages is also critical. Now, use all your preparation work to create a detailed framework and structure for each package you present to clients. bookkeeping pricing packages Note that the cells highlighted in yellow should be updated with your firm’s pricing. Apply to our clients who have established or want to establish long-term relationship with us. At any moment, executives or team members may own public or private stock in any of the third party companies we mention.

Property Management Bookkeeping

Price anchoring is a strategy that plays on a buyer’s tendency to inherently compare information. So, when people see your pricing options, one of the things they’ll first notice is that your top-tier option is higher than your mid- and low-tier plans, and they’ll use that as an anchor. You can take into account the client, the job type, your experience, along with many other factors to give a fair quote. By definition, fixed-fee pricing is inflexible, and in a complex industry, inflexibility can cost you money. Though you don’t need to be a certified CPA as a bookkeeper, there are still certifications you can gain to justify a higher fee for your services.

With Full-Service Bookkeeping we pair you with a dedicated bookkeeper who will bring your books up to date and then manage your monthly books for you, so you can focus on your business. With Live Full-Service Bookkeeping, your dedicated bookkeeper will work with you to get to know your business, bring your past books up to date, and manage your bookkeeping for you, start to finish. With LedgersOnline, you get affordable access to a team of highly skilled and experienced business bookkeepers and accountants, cheaper than what you could hire on your own. We value your personal information and take the necessary precautions to limit access to it by unauthorized users.

The two components to bookkeeping services pricing

If you’re looking at a basic bookkeeping package with yearly bookkeeping, this is for you. Know that there’s a plan in place to ensure that your filings are up to date and never fall behind. Our bookkeeping and accounting firm works as an extension of your team, learning your business, processes, and are with you every step of the way. Figuring out the right price or the right way to package your services isn’t easy. But breaking it down and building your pricing model by considering all the relevant factors will give you a reasonable solution to test.