Why Virtual Bookkeeping
See how much your business can save by going virtual.
Bookkeepers provide priceless services to any business, but how much does it really cost your company to add another employee to the team? When you hire a traditional, in-office bookkeeper, you don't just commit to paying a base salary. There are other expenses associated with hiring an employee as well. You'll also pay for employee taxes, benefits, time off, increased overhead, and other costs. These expenses can quickly add up to more than you anticipated.
| Expenses | Annual Cost — Part Time (20 hrs/week) |
|---|---|
| Base salary ($14.75/hour) | $15,000 |
| Benefits (15% of salary) | $2,250 |
| Payment for sick days, holidays, etc. | $1,950 |
| Payroll taxes | $1,800 |
| Administrative costs | $1,350 |
| Supplies and equipment | $3,900 |
| Rental of space for in-office employee | $2,250 |
| Annual Total | $28,500 |
There is a better way. When you hire Virtual Bookkeeping by Kandis, you get the same professional services provided by a traditional in-office bookkeeper at a fraction of the cost. Your virtual bookkeeper can accomplish the same work in less time, and you'll pay far less in the long run with no benefit expenses, paid time off, or other necessary extras.
| Expenses | Annual Cost — Part Time (20 hrs/month) |
|---|---|
| 20 hours/month ($50/hour) | $10,800 |
| Benefits | $0 |
| Payment for sick days, holidays, etc. | $0 |
| Payroll costs | $0 |
| Administrative costs | $0 |
| Equipment and supplies | $0 |
| Rental of space for in-office employee | $0 |
| Annual Total | $10,800 |