What do you pay for bookkeeping per hour?
Discussion
Im paying £12.50p/h but she is employed directly by us. She is very good. My accountants done the interview process and picked 2 and then we spoke to them and picked the 1 we have based on how we felt she would fit in with us.
We were paying £22.50p/h to a guy who had his own bookkeeping firm but he absolutely butchered our books. He nearly ruined the company. Claimed £16k worth of VAT where he shouldn't of over the period of about 1 yr. When we finally got rid of him our accountant had to go back over all his work and charged us £7k to do so. Then we found this £16k and had to put in an "ommision" to the HMRC and pay it back.
So all in all a terrible experience! But anyway if you employ your own you should be paying between £12-15p/h
We were paying £22.50p/h to a guy who had his own bookkeeping firm but he absolutely butchered our books. He nearly ruined the company. Claimed £16k worth of VAT where he shouldn't of over the period of about 1 yr. When we finally got rid of him our accountant had to go back over all his work and charged us £7k to do so. Then we found this £16k and had to put in an "ommision" to the HMRC and pay it back.
So all in all a terrible experience! But anyway if you employ your own you should be paying between £12-15p/h
fellatthefirst said:
Im paying £12.50p/h but she is employed directly by us. She is very good. My accountants done the interview process and picked 2 and then we spoke to them and picked the 1 we have based on how we felt she would fit in with us.
We were paying £22.50p/h to a guy who had his own bookkeeping firm but he absolutely butchered our books. He nearly ruined the company. Claimed £16k worth of VAT where he shouldn't of over the period of about 1 yr. When we finally got rid of him our accountant had to go back over all his work and charged us £7k to do so. Then we found this £16k and had to put in an "ommision" to the HMRC and pay it back.
So all in all a terrible experience! But anyway if you employ your own you should be paying between £12-15p/h
I had this a few years back. It was our accountant's bookkeeper and the sum was much higher over several years.We were paying £22.50p/h to a guy who had his own bookkeeping firm but he absolutely butchered our books. He nearly ruined the company. Claimed £16k worth of VAT where he shouldn't of over the period of about 1 yr. When we finally got rid of him our accountant had to go back over all his work and charged us £7k to do so. Then we found this £16k and had to put in an "ommision" to the HMRC and pay it back.
So all in all a terrible experience! But anyway if you employ your own you should be paying between £12-15p/h
Hi,
It sounds like a lot but it deepnds on how many hours a week you need, if it is just a few is it really worth the hasstle of employing someone and having to end up paying holiday/sick contracts etcetc.
If it is considerable then consider getting someone, however this pereson must be impecable and inspire total confidence/confidentuality.
It is not easy to check the quaility of work without going over it again yourself and therefore errors may not be noticed for a while and be a headache to sort out down the line.
This will make the accountant seem cheap in the long run when you have to sort out a mess!
I would try to talk to the account and see if you could negotiate a better rate for a block of hours or to give a fixed fee against turn over, fancy accounts fees are all open to a haggle especially at the moment.
If you are set on getting some one make sure you are 100% happy with them or keep looking and once the applicant is found maybe run along side the accountant for a few weeks to let them find their feet.
Good luck!
It sounds like a lot but it deepnds on how many hours a week you need, if it is just a few is it really worth the hasstle of employing someone and having to end up paying holiday/sick contracts etcetc.
If it is considerable then consider getting someone, however this pereson must be impecable and inspire total confidence/confidentuality.
It is not easy to check the quaility of work without going over it again yourself and therefore errors may not be noticed for a while and be a headache to sort out down the line.
This will make the accountant seem cheap in the long run when you have to sort out a mess!
I would try to talk to the account and see if you could negotiate a better rate for a block of hours or to give a fixed fee against turn over, fancy accounts fees are all open to a haggle especially at the moment.
If you are set on getting some one make sure you are 100% happy with them or keep looking and once the applicant is found maybe run along side the accountant for a few weeks to let them find their feet.
Good luck!
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