Hi Everyone. A quick question regarding bookkeeping pricing. We are finding our current method inefficient, in terms of 1, actually calculating what the fee should be, and 2, trying to ensure the price is a true reflection of the work undertaken.
We use GoProposal, and our fees are set up using the following line items:
Invoice processing fee - Fee based on no. of invoices processed.
Bank rec fee - A fee for reconciling the bank rec each month.
VAT return fee - A fee for producing and submitting the return.
Could anyone share how they price these services and any tips you have found when pricing bookkeeping?
Thanks in advance.
we bundle our pricing, but definitely following!
@Adam Kusnierek, we are late to the fixed fee party and recently started using GoProsal for engagement letters and proposals.
I wouldn’t say that we have a great system, so I’m eager to hear how others approach this.
We bundle our services as well and have really taken to heart the Ron Baker value pricing philosophy. It has been a mind shift for sure.
Some things we have done to help us assess a baseline value include
We use Ignition for proposals and engagement letters and have it integrated with Karbon so each service item sets up a work order for that client in Karbon and we just have to go in and adjust the schedule and assign people and budgets.
Hope that helps,