Bookkeeping Updates

Bookkeeping Rates Review

Written by allsorted | 2 June 2021 6:38:00 PM

The Institute of Certified Bookkeepers recently completed their 2021 annual bookkeeping survey. A key focus of the survey is to determine average charge-out rates by bookkeepers around the country.

The survey reports on rates for both routine bookkeeping and high-end services. In 2021 most bookkeepers were charging between $61 and $70 per hour (excluding GST) for routine bookkeeping services . All Sorted's rates for routine bookkeeping services were below this rate.

In 2018 most bookkeepers were charging between $101 and $150 per hour for high-end bookkeeping, management accounting and consulting services. Rates for these services for All Sorted clients were once again in line with industry norms.

The survey found that most BAS/Agents continue to charge a higher rate for BAS services than they do for routine bookkeeping. The average rate for BAS services in 2021 was in the $71-$80 range. All Sorted charge clients our standard bookkeeping rate for BAS services, which is well below this range.

This year's survey of bookkeepers confirms that All Sorted Business Services continues to provide a very cost-effective bookkeeping solution.

Consistent feedback from clients tells us that we are providing a superior bookkeeping service with competitive pricing, a focus on automation, more accurate and timely reporting and process efficiencies.