Costs of accountants vary greatly based on a company’s specific needs and what you will be requiring of the individual. They also differ based on the size of your company, where it’s located geographically, and the experience of your accountant. However, for even the most basic bookkeeping services, you can expect to pay an accountant something between $1400 and $1500 a month.
Sometimes, accountants who are just starting out with your company will charge an hourly rate. However, in a few months, when they have gotten a feel for how much time is involved in the work you need to be done, you will probably be able to negotiate a flat fee with them for the long-term, which can save you money. For in-depth, specialty services, accountants do generally charge an hourly rate.
One way to save money when finding and hiring an accountant is to only have him or her do the more complicated financial tasks. For the paying of bills and other less-involved financial work, hire a bookkeeper who will be much less expensive.