How Much Do Bookkeepers Charge?

Bookkeeper in Perth reconciling bank statements

Bookkeepers generally cost between $300 to $1000 per month, depending on the size of the business and the specific needs it has.

Smaller businesses can expect to pay between $300 and $600 per month, while larger businesses pay more as their needs are greater in terms of the number of transactions processed, accounts to be reconciled, and people on the payroll.

Below, I’ve gone deeper into the inclusions at varying price levels and the value a bookkeeper offers businesses regardless of their size.

Bookkeeper Pricing & Inclusions

Pricing & Inclusions

Transactions processed per month

Bank Accounts to be reconciled

Credit Cards to be reconciled

Receive Money Transactions

Spend Money Transactions

Accounts Payable Allocations 

Preparation of Monthly IAS

Preparation of Quarterly BAS * 

Monthly Profit and Loss Statement with YTD

Monthly review of bank & credit card reconcilliations

Enter and match customer receipts monthly

Enter and match supplier payments monthly 

Quarterly review of your accounts by a qualified accountant

Quarterly Advisory meeting (1 hour), including strategic Business advise and Consulting  

Monthly 1-hour Face-to-Face meeting with your Business Service Advisor 

Support for Software Add On

Unlimited Bookkeeping Support by Email & Phone

Payroll for up to **




< 40







< 80







< 160







< 280




  • * – Monthly BAS is $150 per lodgement
  • ** – Payroll Setup $50/employee, Payroll Processing $10/employee/per pay run.
  • • Unregular pay run and pay rate might incur additional charge
  • • Support Packages available for DIY users & Payroll Processing, Training $150/hr
  • • Monthly 1-hour Face-to-Face Meeting $165/month
  • • All prices excluding GST

Factors Affecting the Cost

When determining the cost of bookkeeping services, it’s essential to consider several important factors that affect the level of service you require, including:

  • Complexity of financial transactions: More complex transactions necessitate a higher level of expertise.
  • Volume of work required: More extensive bookkeeping needs lead to higher costs.
  • Nature of the bookkeeping service: Costs vary depending on whether the bookkeeper is freelance or affiliated with a firm.
  • Experience and qualifications of the bookkeeper: Higher expertise and credentials can increase rates.
  • Geographical location: Location affects costs due to varying local market rates.
  • Billing structure: Bookkeeping services may charge on an hourly, monthly, or project basis, reflecting the customised approach to each client’s requirements.
  • Number of transactions processed monthly: Higher volumes of transactions require more time and effort to manage.
  • Bank accounts to be reconciled: Each account adds to the complexity of the bookkeeping process.
  • Credit cards to be reconciled: Similar to bank accounts, each credit card account requires careful reconciliation.
  • Number of people on your payroll: Managing payroll for more employees involves additional work, affecting the cost.
  • Employment structure: Whether you are hiring an in-house bookkeeper or outsourcing significantly affects the cost.

In-House vs Outsourced Bookkeeping Costs

The cost of in-house versus outsourced accountants can vary significantly based on several factors, including the size of the business, the complexity of financial transactions, and geographic location.

In-house accountants are typically full-time employees, which means businesses must cover their salaries, benefits, taxes, and any overheads related to their workspace.

The annual salary for an in-house accountant in Australia can range widely, but sits between $70k and $80k as of February 2024 according to Seek.

On the other hand, outsourced accounting services can offer more flexibility, with costs depending on the level of service required.

Small to medium-sized enterprises might find outsourced services more cost-effective, as they can pay for only the services they need, without the ongoing costs associated with employing someone full-time.

Furthermore, outsourcing can provide access to a team of experts and advanced accounting technologies without the direct investment in training and software.

This choice between in-house and outsourced accounting services ultimately depends on the specific needs, budget, and strategic goals of the business.

What are the Responsibilities of a Bookkeeper?

Bookkeepers have a range of responsibilities that are critical for business management and growth, including:

Bookkeeping Services & Responsibilities
Consistent recording of financial transactions
Managing payroll, invoices, and debts
Preparation and lodgement of Business Activity Statements (BAS)
Handling single touch payroll for tax and superannuation
Producing management and financial reports (balance sheets, profit and loss statements)
Streamlining bank and credit card reconciliations
Bank account reconciliation
Preparation of monthly IAS
Preparation of quarterly BAS
Consulting on strategy
Managing bookkeeping software


Bookkeeping services typically cost between $300 and $1000 per month, a variance primarily dictated by the size of the business and its specific needs.

Smaller enterprises tend to incur costs at the lower end of this spectrum, whereas larger organisations, due to their broader scope of transactions, account reconciliations, and payroll requirements, are subject to higher charges.

In-house bookkeepers typically warrant a salary of $70k to $80k per year, while outsourcing your accounting allows you to match your costs to your level of needs. This is particularly beneficial for small businesses.

If you live in WA and are looking for help with your accounts, our bookkeepers in Perth are here to help you manage and grow your business effectively.

Mace Turco

Mace Turco

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Mace has always had a passion for business, and he loves working with clients who are driven and have ambitious business goals. His qualifications include an AIPA from the Institute of Public Accountants and a Bachelor of Commerce from The University of Western Australia for Corporate Finance and Financial Accounting. In 2020 Mace was awarded the 30under30 Award in the Business Advisory Category, a National Award hosted by Accountants Daily.