Advice Needed

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A

Antoinette

  • #1
    I am trying to set up my own online bookkeeping business and have had two enquiries.


    I was wondering if someone could advise me on what would be reasonable rates?

    I dont want to charge to little or too much!

    Thanks
     
    A

    Antoinette

  • #3
    handsongroup said:
    £15/hour is the going rate for a book-keeper but then again I had an 'accountant' who was AAT qualified and charged £40/hour. We then used someone else.
    Click to expand...

    Thats a scandalous amount to charge!

    I will go with the £15/hour but!

    Thanks for your help.

    And I have sent you an email[/url]
     
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    K

    KM-Tiger

    Free Member
    Aug 10, 2003
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  • #9
    Antoinette said:
    Thanks - I live in Maidstone.........................
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    Just down the road then! Though I should say that I am not looking at the moment.

    You might do better to think of charging your services per task, rather than per hour, albeit that you will have an hourly rate in mind when doing that. But I think a potential employer would want to know how much the job would cost.

    Out of curiosity how would an online bookkeeping service work? Most of what you do would need access to original documents, invoices, cheques, paying-in slips, bank statements to reconcile, etc.
     
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    A

    Antoinette

  • #10
    Kent Manufacturer said:
    Antoinette said:
    Thanks - I live in Maidstone.........................
    Click to expand...
    Just down the road then! Though I should say that I am not looking at the moment.

    You might do better to think of charging your services per task, rather than per hour, albeit that you will have an hourly rate in mind when doing that. But I think a potential employer would want to know how much the job would cost.

    Out of curiosity how would an online bookkeeping service work? Most of what you do would need access to original documents, invoices, cheques, paying-in slips, bank statements to reconcile, etc.
    Click to expand...

    I am only in the early stages I guess. Maybe as part of my cost I would have to include good old royal mail charges.

    Or it would mean me making a visit to a premises?

    Anyone got any ideas?
     
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    bwglaw

    bwglaw

    Free Member
    Apr 8, 2005
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    Richmond, Surrey
  • #11
    £10/hour...is that not rather low?... considering the amount of training one may have especially those AAT qualified. I have come across a book-keeper in the area charging £15/hour and only has a degree, not even AAT qualified.

    Or are people in Kent so tight ;)

    Agree that some services can be at fixed cost i.e. Tax Return, Payroll etc. However, this would depend on complexity. I think an hourly rate is better because you may get a client with a large bag of receipts and may expect that to be in the cost.

    I think the Statutory Accounts should be at a slighty higher rate.
     
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    K

    KM-Tiger

    Free Member
    Aug 10, 2003
    10,346
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    Bexley, Kent
  • #12
    Antoinette said:
    Anyone got any ideas?
    Click to expand...
    It's tricky. Personally I would not want to run the risk of losing that much vital documentation by posting it, so a visit would be the only way. There is also filing to consider - how would that get done?

    But you could make it work by visit and collect documents, do the work, then return, file and collect the next batch of douuments, and so on.

    That would then leave how you would interact with your employer. Usually there are questions, queries, even the nitty gritty of is there enough cash in the bank to pay the bills!
     
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    H

    Hayles

  • #13
    We have to send everything to our new book-keeper but it's really not working.

    I think that once a business gets to a certain size, it needs a 'hands on' book keeper to keep everything in check. No problem for smaller business though. Maybe a visit a month would suffice then?

    Best of luck

    Hayles
     
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    A

    Antoinette

  • #14
    handsongroup said:
    £10/hour...is that not rather low?... considering the amount of training one may have especially those AAT qualified. I have come across a book-keeper in the area charging £15/hour and only has a degree, not even AAT qualified.

    Or are people in Kent so tight ;)

    Agree that some services can be at fixed cost i.e. Tax Return, Payroll etc. However, this would depend on complexity. I think an hourly rate is better because you may get a client with a large bag of receipts and may expect that to be in the cost.

    I think the Statutory Accounts should be at a slighty higher rate.
    Click to expand...

    Hi

    Did you get my email?
     
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    A

    Antoinette

  • #23
    handsongroup said:
    It will...if you give some accountancy/tax advice then things will start to come your way. There are some Accountants on here. I am very fortunate not to have direct competition yet!
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    Thank you. For the time being I am only looking at part time as my studying is taking up a lot of my time!
     
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    D

    donna

  • #24
    Antoinette said:
    I am trying to set up my own online bookkeeping business and have had two enquiries.


    I was wondering if someone could advise me on what would be reasonable rates?

    I dont want to charge to little or too much!

    Thanks
    Click to expand...

    hi there im an certifed accounting technican i have qualified from college about three years ago i have my own bookkeeping business working from home pm me and we can chat about what there is out there available trust me i can help you progress further if you want my business is very succesful i could carry on talking to you forever on this subject
    i can give you the going rates in uk as well
     
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