There are many companies who can fulfill your bookkeeping and accounting needs. These companies are private firms that offer paid services such as bookkeeping, account management, payroll reports, accounts receivable and payable reports, cash receipts, petty cash receipts, and the likes. Referred to outsourcing companies, they will help you grow your business from zero to hero in guaranteed time.
Outsourcing bookkeeping and accounting firms eliminate the need for an in-house employee who will take charged with the operations. Truly, the amount spent when you hire these companies may not be as much when compared to the monthly salary of the in-house employee.
However, you must know that quality of work should not be jeopardized if your intent is to publish accurate and excellent results. When selecting the bookkeeping and accounting firm of your choice, ‘quality of service’ is the first attribute that must come to your mind.
Accounting services price list Colorado is one of the qualities of a bookkeeping and accounting firm. Outsourcing of services is considered to be generally expensive. Fortunately, there are several price variations to select from. With regards to price, you will come across two types of outsourcing firms in your search:
- Firms with flexible prices that vary based on your requirements
- Firms with inflexible prices regardless of the scope of your project or budget
From the above list, it is safer to select the firms that fall into the second category. This is because such companies will give you customized quotes with regards to the magnitude or complexity of your project. It also shows that they understand the project enough to access the cost.
Your favorite firm should also possess great customer service. Trustworthy clients do not fall short of impressive customer service. Every client wants to be treated as important and valued. Excellent customer service may also be a reflection of the way the outsourcing firm will handle your project.
For a small business owner, the cost of accounting services may vary depending on your requirements. Thus, the estimated cost of the accounting package may be set between the range of $2,000 and $5,000. On the average, most accounting firms may charge you $3,500. Included in this fee are three staff members who will join your in-house team. These staff members are an account manager, staff accountant, and a bookkeeper. Usually, an in-house bookkeeper could cost you as high as $45,000 (with staff benefits) to sort your books. But with $3,500, you can get ten times more work done with ten times less cost.