"Discover Cooking, Discuss Life."

Go Back   Discuss Cooking - Cooking Forums > The Back Porch > Off Topic Discussions
Click Here to Login
Thread Tools Display Modes
Old 02-22-2009, 10:03 PM   #1
Executive Chef
Join Date: Oct 2007
Location: Mooresville, NC
Posts: 3,102
Any Bookkeepers, CPA workers, Accountants here?

Okay, so I'm in a terrible dilemma. I am super good at QuickBooks and have worked as a bookkeeper for about four years but it's always been as an employee.

Recently a friend of a friend called me desperate for help with their books. They've got NOTHING in a system. I agreed to enter their records into QuickBooks and make sure everything is as up and up as possible.

What I'm having issue with is what to charge. I don't want to overcharge and not be asked back but I don't want to undercharge and be taken advantage of. So I need some help.

I know for what I do a CPA firm would charge a minimum of $75 an hour. I like myself but I know I'm not worth THAT. $10 an hour seems way too low.

So here I am, does anyone know what might be fair? Any new small business owners know what they would think would be fair? What I'm doing is all of 2008 in less than a week at my own home with my computer.

I could use some help and suggestions. Any CPA/accountant workers thoughts would be totally accepted.

Thanks in advance.


Callisto in NC is offline   Reply With Quote
Old 02-24-2009, 10:01 AM   #2
Chef Extraordinaire
GotGarlic's Avatar
Join Date: May 2007
Location: Southeastern Virginia
Posts: 20,451
Hi, Callisto. Can you call around or look on Web sites of local bookkeepers to find out what they charge? Things like this can be vary a great deal regionally, so what I would pay here might be very different from what is reasonable where you are. You could also ask your friend what they think is reasonable.

I'm sure you know this, but it's the C part of CPA that allows them to charge so much

The trouble with eating Italian food is that five or six days later you're hungry again. ~ George Miller
GotGarlic is offline   Reply With Quote
Old 02-24-2009, 11:24 AM   #3
Certified Pretend Chef
Andy M.'s Avatar
Join Date: Sep 2004
Location: Massachusetts
Posts: 43,482
I'd say 2 to 3 times your hourly rate where you did Quickbooks as an employee.

Also take into account the value of your friendship with this person. That should be worth some discount.
"If you want to make an apple pie from scratch, you must first create the universe." -Carl Sagan
Andy M. is offline   Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

» Discuss Cooking on Facebook

Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -5. The time now is 06:00 PM.

Powered by vBulletin® Version 3.8.8 Beta 4
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.