How Much Does a Bookkeeper Cost for a Small Business?
Most US small businesses pay $300 to $700 a month for outsourced monthly bookkeeping. Established companies with payroll, inventory or several entities often pay $1,000 or more. At Korven, monthly bookkeeping starts at $750 a month for up to 200 transactions, as one flat fee. We never bill by the hour.
How much does Korven charge for monthly bookkeeping?
Korven charges $750 a month for up to 200 transactions, $1,250 for 201 to 500, and from $2,000 above that or with inventory or several companies.
| Transactions a month | Monthly price |
|---|---|
| Up to 200 | $750 |
| 201 to 500 | $1,250 |
| Over 500, inventory, or several companies | From $2,000 |
A transaction is one line on your bank or card statements: a deposit, a payment or a card charge. Prices as of October 2026; your exact fee is confirmed after a free review.
How much do other bookkeepers charge?
Other bookkeepers usually charge $250 to $350 a month for basic plans, $500 to $700 for established small businesses, and $1,000 and up for high-volume or inventory-heavy books. Freelance bookkeepers often charge $50 to $75 an hour, and bookkeeping firms that bill hourly $75 to $150.
Korven is priced for established companies, where a late or wrong close costs more than the fee. What you pay for is accountability: a senior specialist closes your books on a fixed calendar, and the same person answers your questions.
What is included in monthly bookkeeping?
Monthly bookkeeping at Korven includes six things:
- Every bank and card account reconciled.
- Every transaction categorized.
- A clean general ledger.
- Accounts payable and accounts receivable kept current.
- Monthly financial statements you can actually read.
- All of it in QuickBooks Online or Xero, inside your existing setup.
How much do payroll and 1099s cost?
Payroll costs $100 a month for up to 5 people, and 1099s cost $15 per form for monthly bookkeeping clients.
| Add-on | Price |
|---|---|
| Payroll | $100 a month for up to 5 people, plus $10 for each extra person. Payroll software such as Gusto is billed to you separately. |
| 1099s | $15 per form for monthly clients. Otherwise $25 per form, $100 minimum. Collecting missing W-9s: $10 per vendor. Mailed copies: $3 per form. |
| Catch-up, if your books are behind | $200 per month behind for monthly clients |
For payments made in 2026, the IRS reporting threshold for most 1099-NEC and 1099-MISC payments rises from $600 to $2,000.
What changes the price of bookkeeping?
Five things change the price of bookkeeping:
- How many transactions you have each month.
- How many bank, card and loan accounts there are.
- Several companies or locations.
- Inventory, which needs cost of goods tracked properly. Sellers, see e-commerce accounting.
- How clean the books are today. If they are behind, catch-up comes first.
Is a freelancer, a firm or software better for bookkeeping?
Software is the cheapest option for bookkeeping, but someone still has to reconcile the accounts and catch the mistakes. A freelancer billing by the hour is cheap until a messy month costs more than you expected. A flat monthly fee from a firm turns bookkeeping into a number you can budget. See what our bookkeeping and payroll service covers.
What else do people ask about bookkeeping prices?
How much does a bookkeeper cost per hour?+
How much does bookkeeping cost a month for a small business?+
Is payroll included?+
How much do 1099s cost?+
What if my books are behind?+
What it costs to get months or years of books current.
Read more →Business return prices by entity type, filed by our licensed CPA partner.
Read more →The exact monthly close sequence behind books you can trust.
Read more →Book a free review. We look at your books, tell you which level fits, and confirm your monthly fee before any work starts. No obligation.
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