A Virtual Bookkeeper That Won’t Break The Bank 

Understanding the True Cost of Virtual Bookkeeping

Bookkeeping is the backbone of financial stability for businesses of all sizes. Accurate records ensure smooth operations, tax compliance, and long-term growth, but many business owners struggle to find affordable, high-quality bookkeeping support.

The cost of a virtual bookkeeping assistant depends on experience, services provided, and business complexity. Some bookkeepers charge by the hour, while others offer monthly retainers or per-project pricing. At Savvital, we match businesses with experienced virtual bookkeepers who provide the same level of expertise as an in-house accountant—without the high overhead costs.

We offer:

• Experienced bookkeepers trained in QuickBooks, Xero, and payroll processing
• Flexible pricing options for hourly, monthly, or project-based bookkeeping
• Cost-effective solutions tailored to your business size and industry

📩 Explore our virtual bookkeeping services here and find the perfect bookkeeping associate for your business.

What Is a Virtual Bookkeeper & Why Do Businesses Hire One?

A virtual bookkeeper is a financial professional who works remotely to manage day-to-day financial records, including:

• Transaction categorization and expense tracking
• Invoice management and accounts payable/receivable
• Bank reconciliation to ensure all records match actual finances
• Payroll processing and tax form preparation
• Financial reporting for insights into cash flow and budgeting

Virtual bookkeeping solutions have become essential for businesses looking to cut costs without sacrificing accuracy. Instead of hiring an in-house accountant or administrative bookkeeper, you can outsource bookkeeping work to a trained professional working remotely.

Many businesses also hire accounting associates to support their financial teams. If you need a skilled accounting associate, check out Savvital’s dedicated hiring page.

How Much Should You Pay a Virtual Bookkeeper?

1. Hourly Rates for Virtual Bookkeeping

Most bookkeepers charge hourly rates based on their level of experience and expertise:

• Entry-Level Bookkeepers: $25–$40 per hour
• Mid-Level Bookkeepers: $40–$70 per hour
• Senior or Specialized Bookkeepers: $70–$150 per hour

2. Monthly Retainer Packages

Many virtual bookkeepers offer monthly pricing for ongoing support:

3. Per-Project Bookkeeping Fees

Some businesses only need a bookkeeper for one-time projects, such as:

• Tax filing preparation ($300–$700)
• Payroll setup & processing ($100–$500)
• Financial clean-up & reconciliation ($500–$2,000)

Looking for a QuickBooks certified bookkeeper near you? Many virtual bookkeeping assistants specialize in QuickBooks, offering clean-up, reconciliation, and training services.

What Affects Virtual Bookkeeping Costs?

1. Level of Experience

An entry-level bookkeeper may only handle basic data entry, while an Intuit Bookkeeping Associate or QuickBooks ProAdvisor can manage complex financial reports, forecasting, and compliance.

2. Business Size & Complexity

• Small businesses & startups – Need basic bookkeeping but may not require advanced financial analysis.
• Mid-sized companies – Require payroll management, financial reporting, and tax filings.
• Corporations & multi-location businesses – Need full-charge bookkeeping and advanced tax planning.

How to Find the Right Virtual Bookkeeper for Your Business

If you're searching for a bookkeeper or accounting associate, consider these steps:

1. Define Your Needs

• Do you need basic transaction tracking or full financial management?
• Are you looking for hourly support, a monthly retainer, or a per-project bookkeeper?
• Do you need experience with QuickBooks, Xero, or payroll systems?

2. Look for Certified Professionals

• QuickBooks Certified Bookkeeper – Best for businesses using QuickBooks for accounting.
• Associate Accounting Degree Holders – Suitable for companies needing advanced reporting & forecasting.
• Financial Analysts & Accounting Associates – Ideal for businesses that require budgeting and tax strategy support.

3. Ensure Scalability & Flexibility

Your bookkeeping needs may change over time, so hiring a flexible bookkeeping assistant is key.

• Scalability – Ability to handle growing financial data and transaction volumes.
• Industry-Specific Knowledge – Bookkeepers trained for e-commerce, real estate, healthcare, or service industries.
• Remote Availability – Work with virtual assistants across different time zones for real-time financial support.

Check out our full range of virtual bookkeeping solutions at Savvital’s Services Page.

FAQs

1. How much should a bookkeeper charge per hour?

Hourly rates vary from $25–$150+ per hour, depending on experience and services.

2. What is the difference between a bookkeeper and an accounting associate?

A bookkeeper handles daily transactions, while an accounting associate works on financial strategy, compliance, and tax preparation.

3. Can a virtual bookkeeping assistant handle payroll?

Yes! Many bookkeeping virtual assistants specialize in payroll processing, tax deductions, and compliance.

4. Is a digital bookkeeper associate worth it?

If you need accurate financial tracking, hiring a certified virtual bookkeeper is a great investment.

5. Looking for bookkeeping virtual assistant jobs?

Virtual bookkeeping is a growing industry, offering remote work opportunities for skilled professionals.

6. Where can I hire an experienced virtual bookkeeper?

You can hire a skilled bookkeeping associate through Savvital.