Hey everyone, first year in business for us here on the east coast as an S-Corp and looking for some ballpark advice on what your accounting costs are. We don’t have a massive amount of transactions but are finding we need help with the tax reconciliation/closing each quarter. We’ve been quoted $700 per quarter for month end closing and quarterly bookkeeping.
Is this is a reasonable range?
That’s pretty cheap. My optimal small client is $500 monthly, at least. If you throw payroll quarterlies on top of that I’m definitely charging more.