Bookkeeping Pricing
Accounting & Bookkeeping Pricing
Explore our bookkeeping pricing for our bookkeeping and accounting services We will give you a custom quote in addition to your reviewing this pricing guideline
Bookkeeper Pricing Options
Blue Keel has created a simple and user- friendly way in which to engage with us for our bookkeeper services. This allows you to pay for exactly the service you need and within the scope of your business requirements. Our packages are set up on a month to month basis.
Cash vs Accrual Bookkeeping Pricing
Cash Basis Accounting | Accrual Basis Accounting |
|---|---|
Taxed on income only when cash has been received | Taxed on income even if cash has not been received |
We record revenue when cash is received | Record revenue when it's earned (i.e. job is completed) |
We record expenses when cash is spent | We record an expense when it's incurred |
In Canada cash basis only applicable to farmers, fishers, or self-employed commission agents (life insurance, financial advisors) | A requirement by Canada Revenue Agency for businesses in Canada to record and report their income |
Your business income is taxed when the money enters your bank account | Your business income can get taxed before you even receive it |
OPTION 1: Cash Basis Bookkeeping/Accounting
Cash Basis bookkeeping or accounting recognizes your revenues and expenses when money is exchanged from A to B
Up to 25 Transactions PLUS 1 ADD-ON
ADD-ON OPTIONS
- Payroll Bookkeeping
- Tracking multiple revenue sources
- Tracking client and employee reimbursements
- Accounting for investments, loans, leases, or credit lines
- Collections for accounts receivable
- Working with your accountant at year end or for audit
OPTION 2: Accrual Basis Bookkeeping/Accounting
Accrual bookkeeping or accounting recognizes revenues and expenses when the transaction happens whether or not cash is exchanged immediately
Bookkeeping Charged Monthly
- Up to 50 Transactions
- Monthly Bookkeeping
- Annual Financial Statements
- Annual Financial Review
- Monthly Bank and Credit Card Reconciliation
- HST Tax Filing
Additional Ancillary benefits
Bookkeeping Pricing FAQ
Our plans are month to month and we are flexible enough to make it easy for you to get started and end your services at any time.
There is no setup fee for our bookkeeping services.
You can change your plan at any time in accordance with the growth and needs of your business.
Yes, you can cancel anytime and we'll make sure you have all your records available as soon as possible.
- We record and categorize your financial transactions
- Management of your expense reports
- Bank and credit card reconciliations
- Financial advice
- Annual or quarterly sales tax filing
- Monthly financial statements (profit & loss statement, balance sheet & cash flow statement)
- QuickBooks Online subscription and training including software required to manage your account
Yes we do. These are priced according to the number of employees. Get in touch.
Catch-Up & Clean-Up Bookkeeping Pricing
catch-up & clean-up bookkeeping pricing
Behind on your books? Messy books? Blue Keel will get you organized and caught up. We’ll get your accounting records books up to date fast and accurately so you're ready for year end and your accountant. Explore our catch-up and clean-up bookkeeping pricing. Catch-Up bookkeeping is typically for newer businesses (less than 12 months) that haven't had time to establish a bookkeeping system and need a track to run on. Clean-Up bookkeeping is for established businesses with more than 12 months of bookkeeping they need to organize
Upfront, One-Time Cost for Catch-Up/Clean-Up
Specific pricing is based on extent of clean-up, transaction volume, number of accounts (banks, sales channels, processors), and complexity of your business and the situation.
Let's bring your books up to speed
Blue Keel will get to understand your business so we're able to prepare monthly financial reports for each month you’re behind and sets you up for future success. Our competitive clean-up and catch-up bookkeeping pricing will reflect that.
What do I get as part of the clean-up bookkeeping pricing?
As a catch-up or clean-up client we'll request electronic access to your expenses and other transactions. We start by learning the extent of your situation to see how many months or years we need to update. From there we backdate all your bookkeeping to ensure we provide you with tax-ready financial reports for all of the missing months.
This includes Profit and Loss Statements, Balance Sheets, and Cash Flow Statements among other important financial reports. Once you’re caught up, we can take care of your monthly bookkeeping going forward and set you up for a sustainable track that keeps you updated continually.
Bookkeeper Pricing Request
Get in touch with us
quickbooks proadvisor bookkeeping & accounting
Affordable Accounting Services & QuickBooks ProAdvisor Bookkeeping Pricing
As a QuickBooks ProAdvisor we use cloud bookkeeping technology to provide you with a flexible and affordable bookkeeping pricing and accounting services solution, customizing and streamlining the bookkeeping processes to fit your business requirements. Basic expertise in reconciling accounts to coding unsupported transactions as part of our standard service, will keep your books up to date throughout the year.
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