Connect with the top global companies offering expert bookkeeping services to maintain accurate records of all your financial transactions. Sort them by budget, reviews, team size, etc., to find the agency partner that can meet your business needs.

Best Bookkeeping Companies

405 Companies - Rankings updated: August 21, 2026

DesignRush vets all agencies based on professional qualifications and verified customer feedback to help you choose confidently. Some featured agencies maintain paid sponsorships.

  • SpieglerBlevins is a business advisory firm that provides traditional tax and accounting services with a focus on business solutions for entrepreneurs...

    Top Services:

    • Accounting
    Location
    Abingdon, Virginia
    Number of Employees
    Under 49
  • Empowering Your Business with Care and Expertise.

    Empowering Your Business with Care and Expertise.

    Randolph Business Resources helps business owners in the Greater Nashville Area and virtually in other parts of the US, take back control of their finances through outsourced accounting...

    Top Services:

    • Accounting
    Location
    Nashville, Tennessee
    Number of Employees
    Under 49
  • Streamlining Your Finances

    Streamlining Your Finances

    Bright Bookkeeping will alleviate your accounting headache. They can help you with all your day-to-day bookkeeping needs, QuickBooks questions, and Payroll so you can follow your passion...

    Top Services:

    • Accounting
    Location
    Orlando, Florida
    Number of Employees
    Under 49
  • We provide tax, accounting and consulting services to small business.

    We provide tax, accounting and consulting services to small business.

    Our story starts way back, when I was just 15 years of age...

    Top Services:

    • Accounting
    Location
    Chicago, Illinois
    Number of Employees
    Under 49
  • Partnerships Built on Trust and Success

    Partnerships Built on Trust and Success

    At Kim & Associates, PA, we offer a wide range of services. Throughout the years, we have been helping our clients with various business needs, from tax planning and preparation to setting up and managing the books to business development and retirement planning...

    Top Services:

    • Business Consulting
    • Accounting
    Location
    Salisbury, Maryland
    Number of Employees
    Under 49
  • Balkcom & Company CPAs, P.A. is a member of the American Institute of CPAs and the New Mexico Society of CPAs...

    Top Services:

    • Accounting
    Location
    Albuquerque, New Mexico
    Number of Employees
    Under 49
  • We are committed to providing close, personal attention to our clients and offer them direct access

    We are committed to providing close, personal attention to our clients and offer them direct access

    Over 50 years in providing valuable, quality, and timely accounting and taxation services for both the individual and business communities...

    Top Services:

    • Business Consulting
    • Accounting
    Location
    Avon, Connecticut
    Number of Employees
    Under 49
  • Professional Accounting for Lasting Success

    Professional Accounting for Lasting Success

    Certified Public Accounting firm. Specializing in Tax, Accounting and Bookkeeping. We help our clients through developing tax strategies to help you or your company maximize you tax benefit...

    Top Services:

    • Accounting
    Location
    Cranford, New Jersey
    Number of Employees
    Under 49
  • Taking care of YOUR business IS our business

    Taking care of YOUR business IS our business

    We are a Canadian based outsourced business services agency. Our core services include VA, Reception Services and Bookkeeping. We buck the trend of of local outsourcing firms to contract out piece work by hiring employees that we support and train so they can provide better services to you...

    Top Services:

    • Call Centers
    • Customer Support
    • Business Consulting
    • Accounting
    • Phone Answering Services
    • Show more
    Location
    Vancouver, Canada
    Number of Employees
    Under 49
    Minimal Budget
    Under $1,000
  • Law Firm Support Services

    Law Firm Support Services

    Equivity provides dedicated virtual assistant services to individuals, and to entrepreneurs and businesses looking for paralegal, administrative, marketing and bookkeeping support...

    Top Services:

    • Call Centers
    • Accounting
    • BPO
    • PPC
    • Digital Marketing
    • Show more
    Location
    Las Vegas, Nevada
    Number of Employees
    Under 49
  • Strategy by design

    Strategy by design

    We are a group of Digital Fanatics across the globe who specializes in launching and revamping brands. We believe bespoke processes lie at the core of creative digital strategy, and that is what makes us one of the best custom web design agency. We believe in coming up with digital processes never seen or...

    Top Services:

    • Web Design
    • Design Services
    • Social Media Marketing
    • eCommerce Development
    • Logo Design
    • Show more
    Location
    Nashville, Tennessee
    Number of Employees
    100 - 249
    Average Hourly Rate
    $99/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    1 Project Listed
  • Powering Productivity and Collaboration

    Powering Productivity and Collaboration

    DXC Technology: Where global IT leadership meets profound productivity and collaboration. Proudly Fortune 500, with 130,000+ professionals in 70+ countries, we modernize infrastructures and optimize data, ensuring unparalleled security and cloud scalability...

    Top Services:

    • Managed Services
    • IT Services
    • ECM Consulting
    • Cloud Consulting
    • Accounting
    • Show more
    Location
    Ashburn, Virginia
    Number of Employees
    1000 & Up
    Portfolios Count
    3 Projects Listed
  • Digital Experiences, Simplified

    Digital Experiences, Simplified

    Are you struggling to keep up with your business? Don't let your app fall behind. Eagle IT Solutions is here to simplify your user experience, automate business processes, and free up time for you to grow your business. We can help you build a mobile app that's just right for your needs. We can also...

    Top Services:

    • Mobile App Development
    • Product Design
    • Branding
    • Logo Design
    • Web Development
    • Show more
    Location
    Struga, Macedonia
    Number of Employees
    Under 49
    Average Hourly Rate
    $30/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    1 Project Listed
  • We crunch the numbers so you can focus on growth

    We crunch the numbers so you can focus on growth

    Digital bookkeeping, payroll & tax filing services for Canadian businesses across the country. We do the job in half the time, at half the cost...

    Top Services:

    • Accounting
    Location
    Bedford, Canada
    Number of Employees
    Under 49
    Average Hourly Rate
    $23/hr
    Minimal Budget
    $1,000 - $10,000
  • Your Partner in Digital Business

    Your Partner in Digital Business

    Digital Development and Marketing Ccompany helping businesses grow and expand their reach by developing solutions, delivering brand management and marketing strategies to expand the business canvas and profitability...

    Top Services:

    • Branding
    • Web Development
    • Digital Services
    • Digital Strategy
    • Digital Marketing
    • Show more
    Location
    Middletown, Delaware
    Number of Employees
    Under 49
    Average Hourly Rate
    $50/hr
    Minimal Budget
    Under $1,000
    Portfolios Count
    1 Project Listed
  • Accounting, financial and IT advisors

    Accounting, financial and IT advisors

    We are committed to saving you time and money under our outsourcing modality; as well as adapt your business to new technological trends...

    Top Services:

    • Call Centers
    • Accounting
    • Business Consulting
    • Mobile App Development
    • Software Development
    • Show more
    Location
    San Jose, Costa Rica
    Number of Employees
    Under 49
    Average Hourly Rate
    $40/hr
    Minimal Budget
    $10,000 - $25,000
  • Advice, Preparation . . . Results.

    Advice, Preparation . . . Results.

    Patrick & Raines CPAs provides information and financial tools to meet the demands of an increasingly challenging world...

    Top Services:

    • Accounting
    Location
    Jacksonville, Florida
    Number of Employees
    50 - 99
  • Located in OKC-we are a tax planning and compliance solution for businesses and individuals.

    Located in OKC-we are a tax planning and compliance solution for businesses and individuals.

    Wedel Rahill & Associates develop tax strategies to minimize tax burden and focus on tax planning and compliance solutions for businesses...

    Top Services:

    • Accounting
    Location
    Oklahoma City, Oklahoma
    Number of Employees
    50 - 99
  • You run your business We'll run your numbers.

    You run your business We'll run your numbers.

    TCBCPA, we are committed to developing long-lasting relationships while providing personalized service that utilizes the latest technology. By taking the time to truly understand your unique tax and accounting situation...

    Top Services:

    • Accounting
    Location
    Oklahoma City, Oklahoma
    Number of Employees
    Under 49
  • More Than Number Crunchers

    More Than Number Crunchers

    WCG Inc., formerly Watson CPA Group, has been providing worldwide accounting & tax preparation services from our Colorado Springs offices since 1997...

    Top Services:

    • Accounting
    Location
    Colorado Springs, Colorado
    Number of Employees
    Under 49
  • Accounting Excellence

    Accounting Excellence

    Your Taxlady firm provides outstanding service to our clients because of our dedication to the three underlying principles of professionalism, responsiveness and quality...

    Top Services:

    • Accounting
    Location
    Colorado Springs, Colorado
    Number of Employees
    Under 49
  • Preston Smith, PLLC, is a full service certified public accounting firm located in Tulsa, Oklahoma.

    Preston Smith, PLLC, is a full service certified public accounting firm located in Tulsa, Oklahoma.

    Preston B. Smith, CPA provides public accounting services and also offer excellent pay and benefits and opportunities for advancement...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Tulsa, Oklahoma
    Number of Employees
    Under 49
  • We believe developing relationships is the key to understanding our clients and their specific needs

    We believe developing relationships is the key to understanding our clients and their specific needs

    Katt & Associates, P.C servers greater Lincoln region providing personal service to our clients...

    Top Services:

    • Accounting
    Location
    Lincoln, Nebraska
    Number of Employees
    50 - 99
  • We've been servicing business and individual clients since 1971. We offer bookkeeping & income tax.

    We've been servicing business and individual clients since 1971. We offer bookkeeping & income tax.

    Burch & Associates, Inc. serving business and individual and provide Bookkeeping and Income Tax services...

    Top Services:

    • Accounting
    Location
    Lincoln, Nebraska
    Number of Employees
    50 - 99
  • Maintain financial viability in the present while taking a proactive approach to achieve future goal

    Maintain financial viability in the present while taking a proactive approach to achieve future goal

    Buckley & Sitzman, LLP gives to all kind of tax planning and preparation services, bookkeeping and payroll, assurance and advisory to individuals and businesses...

    Top Services:

    • Accounting
    Location
    Lincoln, Nebraska
    Number of Employees
    Under 49
  • Full-service firm - offering Accounting, Income Tax Planning & Preparation, Online Bookkeeping

    Full-service firm - offering Accounting, Income Tax Planning & Preparation, Online Bookkeeping

    Watts & Hershberger accounting firm giving full-service Accounting, Income Tax Planning & Preparation, Online Bookkeeping, Consulting and Payroll...

    Top Services:

    • Accounting
    Location
    Lincoln, Nebraska
    Number of Employees
    Under 49
  • Florell & Barnhard, PC's expertise ranges from basic tax management and accounting services.

    Florell & Barnhard, PC's expertise ranges from basic tax management and accounting services.

    Florell & Barnhard, PC serves all business with basic tax management and accounting services...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Lincoln, Nebraska
    Number of Employees
    Under 49
  • Your local firm

    Your local firm

    Albright & Associates is a licensed accounting firm in Nevada that specializes in helping small businesses. The Agency offer a full range of services for business owners, executives and independent professionals. They are professional, experienced, and affordable...

    Top Services:

    • Accounting
    Location
    Reno, Nevada
    Number of Employees
    Under 49
  • Dedicated financial experts, just for your restaurant

    Dedicated financial experts, just for your restaurant

    Vast is a team of dedicated professional financial analysts committed to delivering consistent and accurate online accounting information in order to allow our clients to make meaningful decisions about their businesses. We promise we will consistently meet your high expectations for accounting information...

    Top Services:

    • Accounting
    Location
    Reno, Nevada
    Number of Employees
    Under 49
  • Commitment that we feel cannot be compromised.

    Commitment that we feel cannot be compromised.

    Horning, Lingenfelter & Co., LLP is a full service accounting firm that concentrates on providing our clients with comprehensive financial information. We view this commitment as an essential part of our services and therefore strive to accurately represent your business and provide you with clear and...

    Top Services:

    • Accounting
    Location
    Reno, Nevada
    Number of Employees
    Under 49
  • Certified Public Accountant for your world.

    Certified Public Accountant for your world.

    Mark Borel & Associates is a full-service accounting firm that was established to provide efficient, expert solutions to businesses and individuals. The agency primary services include accounting, taxation, and business consulting. They also offer a host of specialty services to cater to the unique needs of...

    Top Services:

    • Accounting
    Location
    Reno, Nevada
    Number of Employees
    Under 49
  • Remote Teams For Mid-Market Companies

    Remote Teams For Mid-Market Companies

    Origo offers a platform solution for fast-growth, mid-market companies, that enables operational improvement. We give our partners the people, process, tech, and data that they need to accelerate their growth, scale operations, while reducing their overhead...

    Top Services:

    • Call Centers
    • Customer Support
    • Business Consulting
    • BPO
    • Accounting
    • Show more
    Location
    Melbourne, Australia
    Number of Employees
    1000 & Up
  • Building Better Business with us!

    Building Better Business with us!

    Upcloud Accounting is a virtual accounting firm located in Quezon City, Philippines, and is an expert in all areas of accounting, bookkeeping, consulting, outsourcing, payroll, taxes (PH), and business services. We collaborate with our clients to create custom protocols and procedures that support, reinforce...

    Top Services:

    • Accounting
    Location
    Quezon City, Philippines
    Number of Employees
    Under 49
    Average Hourly Rate
    $25/hr
    Minimal Budget
    Under $1,000
  • Virtual Bookkeeping Services For SMEs

    Virtual Bookkeeping Services For SMEs

    We provide virtual accounting and bookkeeping services to SMEs around the world...

    Top Services:

    • ERP Consulting
    • Accounting
    • CRM Consulting
    Location
    Lahore, Pakistan
    Number of Employees
    Under 49
  • Keeping Things Simple

    Keeping Things Simple

    Infuse your everyday tasks with a real-time, virtual acuity. Task Virtual's team of experts has the timing and expertise to deliver your business needs—from daily duties to big projects requiring quality completion. Empower yourself in this new age digital world where our highly skilled professionals...

    Top Services:

    • SEO
    • Social Media Marketing
    • Customer Support
    • Web Development
    • Graphic Design
    • Show more
    Location
    Kolkata, India
    Number of Employees
    100 - 249
    Average Hourly Rate
    $6/hr
  • At Reconciled Solutions, we help small businesses achieve long-term profitability and peace of mind.

    At Reconciled Solutions, we help small businesses achieve long-term profitability and peace of mind.

    Since 2006, the Reconciled Solutions team has been helping high-achieving clients advance toward financial stability and order. We particularly enjoy working with clients who are stuck...with debt, with emotional accountability to the numbers, with big ideas and not enough time, and with those who just are...

    Top Services:

    • Accounting
    Location
    Elmhurst, Illinois
    Number of Employees
    Under 49
    Minimal Budget
    Under $1,000
  • Well count the numbers while you multiply your time.

    Well count the numbers while you multiply your time.

    Providing businesses with the most advanced accounting and financial services is Accario's primary mission. Accario's services and disciplines continue to help clients maintain a healthy balance sheet and have peace of mind no matter the size of their business, be it a small franchise or a large enterprise...

    Top Services:

    • BPO
    • Accounting
    • Customer Support
    Location
    Melbourne, Australia
    Number of Employees
    250 - 499
    Average Hourly Rate
    $40/hr
    Minimal Budget
    $1,000 - $10,000
  • Let me connect the dots & digits, you be the creative.

    Let me connect the dots & digits, you be the creative.

    We help you make better financial decisions, spend less time worrying about your costs or payables, and stay prepared for year-end tax season by maintaining your organisation and financial expertise...

    Top Services:

    • Accounting
    Location
    Fort Worth, Texas
    Number of Employees
    Under 49
  • Business at Its Financial Best.

    Business at Its Financial Best.

    Hall, Kistler & Company LLP is committed to assisting clients by offering specialized, superior accounting services and advise in order to help them expand their businesses, cut expenses, and increase wealth...

    Top Services:

    • Accounting
    Location
    Canton, Ohio
    Number of Employees
    Under 49
  • Crafting Unique Experiences For Unique Businesses

    Crafting Unique Experiences For Unique Businesses

    Get Noticed is a multi award nominated creative agency that specializes in website development, branding and design. Get Noticed is a creative agency that specializes in website development, branding, design and digital signage. We are a multi-award nominated creative and digital agency that creates...

    Top Services:

    • Digital Services
    • Design Services
    • Digital Strategy
    • IT Services
    • Business Consulting
    • Show more
    Location
    Sydney, Australia
    Number of Employees
    Under 49
    Average Hourly Rate
    $100/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    1 Project Listed
  • Peaceful Outsourcing

    Peaceful Outsourcing

    Whiz Consulting is a leading provider of online accounting and bookkeeping services, offering comprehensive solutions tailored to businesses of all sizes. With expertise in payroll processing, taxation, and advisory services, we ensure seamless financial management for our clients...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Dallas, Texas
    Number of Employees
    50 - 99
    Average Hourly Rate
    $16/hr
    Minimal Budget
    Under $1,000
  • Take your bookkeeping several steps further with us

    Take your bookkeeping several steps further with us

    NimbleFinCorp is an accounting and bookkeeping partner situated in India that you can rely on to provide outsourced services. We get the finest performance out of your firm while also assisting you in maintaining an accurate book of accounts. These are the areas in which we excel...

    Top Services:

    • Accounting
    Location
    Ahmedabad, India
    Number of Employees
    Under 49
    Average Hourly Rate
    $8/hr
    Minimal Budget
    Under $1,000
    Portfolios Count
    1 Project Listed
  • Dedicated to Your Financial Health

    Dedicated to Your Financial Health

    H&S Accounting & Tax Services is a small accounting firm with extensive experience in all facets of accounting and taxes. In South Florida, we provide numerous accounting and tax services to individuals, small businesses, and medium-sized organizations. People in Hollywood, Florida, think that H&S Accounting...

    Top Services:

    • Accounting
    Location
    Hollywood, Florida
    Number of Employees
    Under 49
    Average Hourly Rate
    $140/hr
  • End Those Accounting Nightmares- Gain Control of Your Dreams

    End Those Accounting Nightmares- Gain Control of Your Dreams

    Dream Accounting Solutions is able to assist you in putting an end to your worries about the future and starting to live the life of your desires by providing you with solid structure and a grasp of company finances. We think that the owners of businesses should have the authority to make choices based on the...

    Top Services:

    • Accounting
    Location
    Colorado Springs, Colorado
    Number of Employees
    Under 49
  • Together, We Can Create Your Financial Roadmap To Success

    Together, We Can Create Your Financial Roadmap To Success

    AVK Global Bookkeeping is here to help you out. They serve the cities of Phoenix, Chandler, Tempe, and Gilbert in addition to the neighboring communities, and they provide a complete variety of services to keep the financial aspects of your organization on track. Owners of businesses are well aware of how...

    Top Services:

    • Accounting
    Location
    Phoenix, Arizona
    Number of Employees
    Under 49
    Average Hourly Rate
    $100/hr
  • No More Stress Around Books and Finances

    No More Stress Around Books and Finances

    Madoka Ono Bookkeeping is here to help! The time you have been spending on doing or understanding your books will be freed up. Would you invest the extra time back into your business for growth or spend it with your family and friends?...

    Top Services:

    • Accounting
    Location
    Pleasanton, California
    Number of Employees
    Under 49
    Minimal Budget
    Under $1,000
  • DREAM. CREATE. GROW.

    DREAM. CREATE. GROW.

    Were The Pen, a boutique Accounting and Business Solutions Agency. We specialise in providing all things Accounting, Taxation and Business Strategies for SMBs within the creative and innovation sphere. We're not like your traditional Accountants who you see a couple of times a year. We work with our...

    Top Services:

    • Accounting
    Location
    Surry Hills, Australia
    Number of Employees
    Under 49
  • We help businesses & brands move online, get more visibility, more leads, boost, & grow sales.

    We help businesses & brands move online, get more visibility, more leads, boost, & grow sales.

    We build brands. Our aim is to help businesses and brands move online, get more visibility, more leads, boost, and grow their sales through conversions with innovative solutions. We believe you should experience affordable Web Design & Development, SEO, Online Branding, Pay Per Click Advertising, & Internet...

    Top Services:

    • Web Design
    • SEO
    • Digital Marketing
    • Digital Services
    • eCommerce Development
    • Show more
    Location
    Nairobi, Kenya
    Number of Employees
    Under 49
    Average Hourly Rate
    $28/hr
    Portfolios Count
    4 Projects Listed
  • Multiple Design Solutions At One Spot !

    Multiple Design Solutions At One Spot !

    A leading Web and Graphic Designing Start-Up That Focuses To Help Small Scale Businesses and Start-Ups Who Intend To Create An Online Identity And To Stay Updated With The Ever-changing And Ever-evolving Industry and It's Trends. With Us, You Can Rest Assured With All Of Your Design and Development Needs And...

    Top Services:

    • Design Services
    • WordPress Website Design
    • Graphic Design
    • eCommerce Development
    • Package Design
    • Show more
    Location
    Jodhpur, India
    Number of Employees
    Under 49
    Average Hourly Rate
    $25/hr
    Minimal Budget
    Under $1,000
    Portfolios Count
    5 Projects Listed

Bookkeeping Service Hiring Guide

What is a bookkeeping company?

A bookkeeping company is a specialized firm that manages the financial records of an organization, ensuring that they are complete, accurate, and compliant with industry policies and regulations. Its core focus is helping businesses better understand their financial performance, make informed decisions, and uncover growth opportunities.  

Typically, there are two kinds of bookkeeping services. The first is a standard or regular bookkeeper who performs simple duties, such as inputting financial records and comparing them with bank statements. The second is a full charge bookkeeper, who has managerial responsibilities and is more involved in a business’s overall financial health, managing its banking and payroll, and assisting accountants in filing taxes. 

While these two types of bookkeeping services differ in scope and responsibilities, both help businesses overcome some of the following challenges: 

  • Inability to track business’ monetary transactions 
  • Disconnection between the sales and profit margins 
  • Late payments, lost invoices, or unexpected expenses leading to cash flow issues 
  • Frequent compliance violations and penalties 
  • Difficulty balancing inflows and outflows and maintaining stable cash flow 
  • Disorganized or incomplete financial records 
  • Limited financial visibility that subsequently impedes strategic planning 
  • Limited bookkeeping skills and knowledge 

The global bookkeeping and financial auditing market is predicted to reach $673.7 billion by 2028, registering a compound annual growth rate (CAGR) of 4.4% from 2023 to 2028. The market growth can be attributed to taxation changes, increasing business complexity, and shifting outsourcing trends pertaining to bookkeeping.  

Success story 

While the numbers speak for themselves, we selected the following case study to illustrate the impact of bookkeeping services in nurturing financial health.  

  • Challenge: With operations dispersed across over 1,000 locations, a retail chain’s point of sale (POS) terminals reported incorrect, duplicate, and missing transactions. Because of this, it had to dedicate over 400 hours to manually review the financial records of at least 50 stores. 
  • Solution: Leveraging its tax processing and change management platform, alyx, Grant Thornton developed a workflow that automated data consolidation and implemented internal review processes from audit specialists to ensure data accuracy. Once deployed, the technology automatically reviewed the financial records and reconciled accounts. 
  • Results: Grant Thornton reduced reconciliation time by 90%, compressing manual work hours from 400 to 40, which allowed the client’s team to dedicate time to more important tasks. 

What do bookkeeping companies do?

Bookkeeping companies streamline businesses’ financial tracking, paying, and reporting processes to minimize data entry errors and ensure accuracy. They coordinate with department heads to collect expense reports and approve purchases, report inaccuracies and variations in monthly financial reports, and help keep a business's annual budget in order. 

Key bookkeeping services include: 

  • Financial transaction documentation 
    Recording all financial transactions, including sales, purchases, receipts, and payments together, and ensuring they include details like transaction date, payee, and payor 
  • Accounts receivable/payable management 
    Collecting and monitoring payment transactions, which involves sending invoices to customers, following up on overdue accounts, and scheduling payments for bills 
  • Bank reconciliation 
    Comparing financial records with bank statements to assess for discrepancies and errors in data keeping and reconciling these when possible 
  • Payroll management 
    Calculating employee wages, withholding taxes, managing benefits, and processing employee payroll 
  • Financial reporting 
    Creating balance sheets, income statements, cash flow statements, and other financial reports and submitting these to relevant personnel for their analysis 
  • Budgeting and financing 
    Providing projections for future financial performance based on historical data and market trends and assisting businesses in developing and monitoring budgets to manage spending 

Success story 

To better illustrate the role of bookkeeping services in real-world business situations, we selected a case study from Crowe

  • Challenge: Lacking the resources to reconcile intercompany accounts receivable and payable across its multiple entities, a global telecommunications company partnered with Crowe to provide audit support to its parent company and its foreign subsidiaries. 
  • Solution: Crowe conducted intercompany account reconciliation for three entities across three consecutive annual audit periods. In addition, the company reviewed the accuracy of the parent company’s financial records, drafted financial statements and footnotes, and created a template for the client to use for future reconciliations. 
  • Results: With Crowe’s help, the client gained more accurate financial records and met all reporting and audit deadlines, avoiding potential violations and penalties.  

What is the difference between a bookkeeper and an accountant?

Although bookkeepers and accountants operate within the same financial domain, their roles are distinctly different and are frequently conflated with one another. Essentially, bookkeepers handle a business’s day-to-day financial operations, whereas accountants are more involved in the bigger picture of the business’s finances, i.e., they analyze financial statements, perform audits, and file taxes. 

Below is a comparison chart: 

Bookkeeper  Accountant 
Records daily and monthly transactions  Analyzes the records which bookkeepers log to advise business owners on financial decisions 
Conducts bank reconciliations  Conducts routine audits and reviews financial statements 
Sends invoices, tracks received payments, and processes payrolls  Analyzes the overall cost of operations and manages budgets 
Does not have the legal authority to file for taxes  Has the legal authority to file for taxes 

How much do bookkeeping services cost?

On average, bookkeeping services cost between $500 and $2,500 per month for fully outsourced services, however, this rate can vary depending on the following factors:  

  • Company size and number of employees  
  • Number of monthly transactions 
  • Number of expense accounts  
  • Number of invoices 
  • Number of balance sheets 
  • Customized reporting needs 
  • Agency location 

A bookkeeping company’s pricing model can also affect the overall price of the service. Common models include: 

  • Hourly rate 
    Charges per hour of service rendered, providing an affordable and flexible pricing option for businesses with widely varying needs per month. 
  • Part-time bookkeeping
    Bills a flat monthly fee for basic bookkeeping services, such as inputting receipts and reconciling records. This is an ideal pricing option for businesses that can perform some bookkeeping services internally (e.g., payroll and financial reports) and want to save up on bookkeeping costs. 
  • Full-service bookkeeping 
    Requires a flat monthly fee for comprehensive bookkeeping services, making a preferred option for businesses that don’t have the internal resources to manage their financial records and have complex needs. 

The top 50 bookkeeping companies on DesignRush charge an average hourly rate of $73. 18.6% of agencies accept projects under $1,000, offering cost-effective options for organizations seeking basic bookkeeping services. On the other hand, 0.8% require at least $50,000, catering to businesses that require end-to-end bookkeeping services on a larger scale. 

Why should I hire a bookkeeping company?

You should hire a bookkeeping company because it can provide visibility into your organization’s financial health, help you make more informed decisions pertaining to your budget and expenses, and pinpoint opportunities to maximize your profits. Bookkeeping companies can also help you uncover patterns in your financial performance and improve overall financial operations.  

Hire bookkeepers because they: 

  • Improve your business’s financial resiliency so you can quickly recover from unexpected financial shocks  
  • Provide greater visibility into your cash flow, transactions, and overall financial records 
  • Minimize record-keeping errors and can prevent compliance penalties 
  • Provide valuable insights on budget allocation and business expenses 
  • Explore opportunities to optimize spending, better allocate budget, and grow revenue 
  • Prepare well-documented financial reports and analyses to be presented to investors and stakeholders 
  • Can fully take over the bookkeeping operations, thus allowing you to focus on core business activities 

Success story 

To highlight the value of bookkeeping services, we’ve selected Coforge’s case study as a notable example:  

  • Challenge: A commercial bank wanted to reclassify its clients’ financial statements into a specific risk analyst template, seeking to conduct a more accurate analysis. However, the statements were inconsistent and inaccurate and required standardization. 
  • Solution: Recognizing the client’s time constraints, Coforge created a detailed process checklist to reduce and monitor errors and standardized the approach for financial reclassification. The company also employed its proven process assessment framework to accelerate the transition. 
  • Results: Following the partnership with Coforge, the bank achieved a 99.5% accuracy in financial statement spreading, reduced staffing requirements by 30%, and improved regulation compliance. Because of this efficiency, the bank recorded a turn time of 12 hours for prioritized new loan applications. 

How do I choose the best bookkeeping company for my business?

Choosing the best bookkeeping company for your business requires careful consideration and research. To help you in this process, we compiled a list of things you should consider: 

  1. Understand your business needs 
    Evaluate your bottlenecks, pain points, and current limitations to determine the type of bookkeeping services you need to outsource.  
  2. Outline project scope 
    Determine the number of monthly transactions, reporting needs, payroll needs, and accounting tech and systems to define project scope. 
  3. Set your budget 
    Discuss with stakeholders how much you can allocate toward a bookkeeping service, considering the frequency and scope of services.  
  4. Research potential partners and ask for referrals 
    Review agency directories like DesignRush, marketplaces, publications, and listings to find bookkeeping companies. You can also reach out to business partners and colleagues for agencies for referrals. 
  5. Check their credibility 
    Because bookkeeping is a highly regulated industry, look into the accreditations of the bookkeepers you’re considering. An official certificate from the National Association of Certified Public Bookkeepers (NACPB) is a notable example in thar regard.  
  6. Assess their expertise 
    Review their client reviews and testimonies, case studies, portfolio, list of awards and recognitions, services, and experience. Select agencies that are familiar with your industry and provide the tools you need. 
  7. Submit a request for proposal (RFP) 
    Shortlist suitable agencies and send them an RFP. Across the RFPs, include a list of expected responsibilities and deliverables, project budget, how frequently you’ll need the service (daily, monthly, or quarterly), and a rough estimate of the regular workload.  
  8. Ask about security and privacy  
    Inquire about their financial data security best practices and ensure they comply with the latest privacy and security regulations to safeguard your business’s information. 
  9. Evaluate their soft skills 
    Observe the agency’s interactions with your team, and prioritize those that are organized, communicative, transparent, accountable, flexible, and seem like a good culture fit. 
  10. Finalize details with your chosen partner 
    Once you’ve chosen a bookkeeping company, settle on the payment method, list of deliverables, project management and communication details, and other aspects of your collaboration. 

Need help finding a bookkeeping company that aligns with your needs? Explore our Marketplace and send us a copy of your project scope. Our team will shortlist five leading agencies that meet your requirements at no cost. 

How do I find the best bookkeeping services on DesignRush that fit my budget?

Using our agency's filters, you can find the best bookkeeping services on DesignRush that fit your budget. Shortlist the selection by choosing from agencies that can cater to projects from $1,000 to above $50,000 based on your budget.  

To get you started, here are a few options at different price points: 

Low Budget: 1k above  
Mid Budget: 10k above  
High Budget: 50k above  

What are the key success metrics in bookkeeping?

Bookkeeping success metrics help businesses evaluate the state of their financial accounts, ensure accurate income and expense tracking, facilitate informed decision-making, and maintain compliance with regulatory requirements. 

Below are the key success metrics in bookkeeping: 

  • Operating cash flow 
    Calculates an organization’s inflows and outflows, indicating whether it has enough cash flow to maintain and grow its business operations 
  • Working capital 
    Computes a business's on-hand cash, excluding the amount needed to maintain daily operations and pay debts and loans 
  • Accounts payable 
    Measures the total outstanding bills owed by the organization 
  • Accounts receivable/payable aging 
    Tracks the age of an account in 30-day increments to help businesses make more informed decisions pertaining to their cash flow 
  • Accounts receivable 
    Calculates the total amount owed to a business 
  • Direct costs 
    Determines the cost it takes to produce a certain good or service 
  • Cash burn rate 
    Identifies how quickly a business consumes its cash reserves 
  • Operating margin 
    Computes the income a business makes from its daily operations  
  • Revenue growth 
    Evaluates how much a business’s revenue has increased over a certain period 
  • Net profit 
    Calculates the total amount a company makes after taxes and interest 

What questions should I ask bookkeeping companies before hiring one?

Before hiring a bookkeeping company, you should ask it some of the following questions to ensure it’s reliable, trustworthy, and has the necessary experience to accommodate your needs: 

Its Relevant Background 

  1. How familiar are you with my industry?  
  2. Can you provide case studies of similar collaborations? 
  3. Can you refer me to a past or current client so I can ask them some questions? 
  4. What are your bookkeeping credentials? 

Its Services and Processes 

  1. What is your scope of bookkeeping services? 
  2. How far back can you reconcile accounts? 
  3. Can you walk me through your internal review process? 
  4. What is your process for creating financial reports? 
  5. What bookkeeping tools and software do you use? 
  6. Do you provide accompanying accounting services? If so, how do you keep a consistent workflow between the two services? 
  7. Do you outsource any of your services? 
  8. What are your privacy and security policies? 
  9. Do you have a contingency plan for unpredictable situations? 

Related to Your Project 

  1. Who will be on my team, and what are their credentials? 
  2. Will you need access to previous tax and financial records? 
  3. Are you available during my work hours? 
  4. What are your delivery timelines for my project? 
  5. What will be our communication and project management arrangement? 
  6. How do you measure and monitor performance? 
  7. Who owns my data, especially after our contract ends? 
  8. Do you allow changes in project scope, especially as my business grows? 

What are the best bookkeeping companies in the US?

The best bookkeeping companies in the US are the following: 

  1. Grant Thornton 
    • 4.3 stars on DesignRush (1 review) 
    • 4.6 stars on Google (15 reviews) 
    • Top clients: Itzova Ltd., East Coast Lifestyle 
  2. Crowe
    • 4.5 stars on DesignRush (2 reviews) 
    • 3.8 stars on Google (10 reviews) 
    • Top clients: Veritex Community Bank, Virginia Passenger Rail Authority, Nucor Corporation, Hannibal Industries 
  3. Coforge 
    • 5.0 stars on Google (3 reviews) 
    • Top clients: IAG, Eurostar, Underwater Construction, Clinilabs Inc  
  4. Saicon 
    • 3.5 stars on Google (11 reviews) 
    • Top clients: KPMG, Veritas, Accenture, Cisco 
  5. Deloitte 
    • 3.4 stars on Google (84 reviews) 
    • Top clients: Microsoft, Procter & Gamble, Apollo Global Management, Boeing 

Receive Free Proposals

For your project

1

Specify your budget, timeline and project requirements

2

Our experts curate a list of up to 5 most qualified candidate agencies

3

We connect you with them so you can choose the most suitable partner