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

657 Companies - Rankings updated: August 21, 2026

Each agency listed on DesignRush is assessed for industry expertise and customer testimonials are evaluated in order to provide you with a vetted selection. Certain listings represent paid partnerships.

  • Ride with the HR Experts.

    Ride with the HR Experts.

    With nearly 200 clients, we offer comprehensive HR services, infrastructure, and expertise. Our focus is to empower businesses of all sizes, allowing leaders to prioritize strategic growth. From payroll and benefits administration to employee relations and recruitment, we handle it all. Recognized for...

    Top Services:

    • HR Outsourcing
    • Call Centers
    • Accounting
    Location
    Chicago, Illinois
    Number of Employees
    100 - 249
    Minimal Budget
    Under $1,000
    Portfolios Count
    2 Projects Listed
  • We Provide Innovative, Strategic Thinking To Bring Financial Peace of Mind.

    We Provide Innovative, Strategic Thinking To Bring Financial Peace of Mind.

    Bowman has earned a reputation for providing innovative, forward-thinking tax planning strategies, consulting services, and audit and accounting services in a personalized, fun way. We are trusted business and financial advisors to closely-held and family businesses in the Stockton region, throughout...

    Top Services:

    • Business Consulting
    • Accounting
    Location
    Stockton, California
    Number of Employees
    100 - 249
  • Creating insightful approaches to operational efficiencies, risk management, and compliance.

    Creating insightful approaches to operational efficiencies, risk management, and compliance.

    HORNE is a decidedly different CPA and business advisory firm that is changing expectations about accounting. Clients trust us to meet their needs with foresight, straight talk and collaboration. In every engagement, our team members work to create insightful approaches to operational efficiencies, risk...

    Top Services:

    • Cybersecurity
    • Managed Services
    • IT Services
    • IT Compliance Solution
    • Accounting
    • Show more
    Location
    Ridgeland, Mississippi
    Number of Employees
    100 - 249
  • Tax Problems Have Met Their Match

    Tax Problems Have Met Their Match

    Edge Financial is a whole new category of tax preparation. We offer services competitive to the best firms out there at a fraction of the cost, with options way above your average tax return mill. We're pretty good at this tax thing...

    Top Services:

    • Accounting
    Location
    Los Angeles, California
    Number of Employees
    100 - 249
    Minimal Budget
    Under $1,000
  • Specialized Accounting Services, LLC is a growing CPA firm, currently delivering accounting and tax services to 1500 client locations. We’re known for our incredible customer service and quality personnel. We were awarded the “Fast Five Award” in 2012 and in 2015 we were honored to be designated as the...

    Top Services:

    • Accounting
    Location
    Pleasant Prairie, Wisconsin
    Number of Employees
    100 - 249
    Minimal Budget
    Under $1,000
  • Crazy Good Outsourcing

    Crazy Good Outsourcing

    Trupp Global: Your Trusted Partner for Back-Office Support and Customer Experience Services...

    Top Services:

    • BPO
    • Customer Support
    • Call Centers
    • IT Services
    • Show more
    Location
    Bengaluru, India
    Number of Employees
    100 - 249
    Average Hourly Rate
    $20/hr
    Minimal Budget
    $1,000 - $10,000
  • Innovative Solutions, Unmatched Value

    Innovative Solutions, Unmatched Value

    Taskforce BPO is an American Veteran owned company whose mission is to provide clients with labor solutions that enable them to focus on their core competencies while increasing productivity and profitability...

    Top Services:

    • Call Centers
    • Accounting
    Location
    Knoxville, Tennessee
    Number of Employees
    100 - 249
    Average Hourly Rate
    $20/hr
    Minimal Budget
    $1,000 - $10,000
  • A Legacy Built on Trust, Innovation, and Exceeding Expectations

    A Legacy Built on Trust, Innovation, and Exceeding Expectations

    NCheng LLP was founded in 1989 in New York City. Our practice is dedicated entirely to serve the not-for profit community and we have achieved broad recognition and reputation for our high quality professional services. We provide a full range of services in audits, accounting and financial management support...

    Top Services:

    • BPO
    • Accounting
    Location
    New York City, New York
    Number of Employees
    100 - 249
  • Facilitating the Good Deeds of Amazing Organizations Since 1998

    Facilitating the Good Deeds of Amazing Organizations Since 1998

    Kiwi Partners delivers high quality Project Management, Accounting, Consulting Services, and HR services to the nonprofit community. For over 20 years, our consistent high quality service have provided clarity to the reader of a nonprofit’s financial statement, enhanced funders’ confidence to give, and...

    Top Services:

    • Business Consulting
    • Accounting
    • BPO
    • HR Outsourcing
    • Show more
    Location
    New York City, New York
    Number of Employees
    100 - 249
  • Your Scalable Outsourced Accounting Solutions

    Your Scalable Outsourced Accounting Solutions

    TGG Accounting is a leading provider of outsourced accounting and business advisory services for small to mid-sized businesses across industry...

    Top Services:

    • Accounting
    Location
    San Antonio, Texas
    Number of Employees
    100 - 249
    Average Hourly Rate
    $50/hr
    Portfolios Count
    4 Projects Listed
  • Building Lasting Relationships

    Building Lasting Relationships

    Over the years Berman Hopkins has held on to its core values; we build relationships with each client in order to understand their business and provide them with solid solutions. Berman Hopkins’ predecessors have paved a rock-solid foundation for the company we are today. We are currently one of the...

    Top Services:

    • Accounting
    Location
    Melbourne FL, Florida
    Number of Employees
    100 - 249
  • That is why we take a holistic approach to assisting clients with growing, managing, and protecting their hard work. With more than 180 professionals across 9 locations, we partner with many of the regions most trailblazing and passionate leaders and organizations...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Winchester, Virginia
    Number of Employees
    100 - 249
    Average Hourly Rate
    $250/hr
    Minimal Budget
    $1,000 - $10,000
  • A New Vision for Accounting.

    A New Vision for Accounting.

    At SKR+CO, we put people first. As the largest locally owned certified public accounting firm in Southern Colorado, we believe teamwork adds tremendous value to each and every one of our clients...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Colorado Springs, Colorado
    Number of Employees
    100 - 249
    Average Hourly Rate
    $45/hr
    Minimal Budget
    $1,000 - $10,000
  • Let Us Handle the Back Office Burden

    Let Us Handle the Back Office Burden

    Quality Back Office (QBO) relieves business owners from the burdensome tasks of payroll, bill pay, invoicing, bookkeeping, accounting and more. With a dedicated team of real people and over 10 years of experience, we have successfully taken over 500+ back offices. Let us be your go-to back office provider...

    Top Services:

    • HR Outsourcing
    • Business Consulting
    • Accounting
    • BPO
    • Show more
    Location
    Naperville, Illinois
    Number of Employees
    100 - 249
  • Metro DC CPA firm and a trusted name in audit, accounting, tax, and advisory services for businesses and individuals. Consistent, dedicated team year after year. Expertise competitive with national and regional firms. An award winning firm in Fairfax, Virginia...

    Top Services:

    • Accounting
    Location
    Fairfax, Virginia
    Number of Employees
    100 - 249
  • ORBA is a full-service accounting, tax and business consulting firm located in downtown Chicago serving privately-held companies, individuals and not-for-profit organizations...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Chicago, Illinois
    Number of Employees
    100 - 249
    Average Hourly Rate
    $75/hr
    Minimal Budget
    $1,000 - $10,000
  • A New Jersey Accounting Firm With Four Decades of Business Accounting Experience

    A New Jersey Accounting Firm With Four Decades of Business Accounting Experience

    Results speak for themselves. In the end, that is what we are all about: supporting and helping you achieve the goals you set for yourself and for your business. That’s why clients and businesses in the tri-state area have trusted the financial health of their businesses to Cg Tax, Audit & Advisory. We are...

    Top Services:

    • Business Consulting
    • Accounting
    Location
    Tinton Falls, New Jersey
    Number of Employees
    100 - 249
  • A Better Way to Approach Your Financial Future

    A Better Way to Approach Your Financial Future

    Founded in 1983, WilkinGuttenplan is a leading accounting and advisory firm in NJ & NYC. The Firm serves a multitude of industries, including closely-held businesses, high-net-worth individuals, real estate, healthcare, international, sports and many more...

    Top Services:

    • Accounting
    Location
    New Brunswick, New Jersey
    Number of Employees
    100 - 249
  • Where Expertise Meets Excellence

    Where Expertise Meets Excellence

    We provide accounting, tax, and advisory services that are tailored to every client. It’s the personal attention we give that makes us a successful firm...

    Top Services:

    • Accounting
    Location
    Fairfield, New Jersey
    Number of Employees
    100 - 249
  • BGW CPA, PLLC provides business advisory and certified public accounting services.

    BGW CPA, PLLC provides business advisory and certified public accounting services.

    BGW CPA, PLLC provides business advisory and certified public accounting services to support the growth of private closely held businesses...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Charlotte, North Carolina
    Number of Employees
    100 - 249
  • Accounting Excellence

    BRC is a CPA & Advisory firm w/ offices in Greensboro, Charlotte, Raleigh, Winston-Salem, Dunn & Wilmington, NC. BRC operates as a leading CPA firm w/ top business advisors engaged in helping today’s middle market & private co, not-for-profit orgs...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Greensboro, North Carolina
    Number of Employees
    100 - 249
  • Accounting & Cybersecurity Experts

    Accounting & Cybersecurity Experts

    Johnson Lambert was formed in 1986 in the Washington, DC area by Larry Johnson and Debbie Lambert, Partners Emeriti. Prior to the formation of Johnson Lambert, Larry and Debbie were both affiliated with Ernst & Whinney (now EY), where they were active leaders in the firm’s insurance practice...

    Top Services:

    • Business Consulting
    • Accounting
    • Cybersecurity
    Location
    Raleigh , North Carolina
    Number of Employees
    100 - 249
  • Olsen Thielen is a full-service accounting and consulting firm

    Olsen Thielen is a full-service accounting and consulting firm

    Olsen Thielen is a full-service accounting and consulting firm, and a “Top 25” firm in Minneapolis and St. Paul, Minnesota...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Roseville, Minnesota
    Number of Employees
    100 - 249
  • Accounting & Business Advisors

    Accounting & Business Advisors

    At SDK, our primary focus is helping clients become more profitable. We are more than accountants - we are consultants and strategists, deeply involved in your business and individual needs and completely dedicated to your success...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Minneapolis, Minnesota
    Number of Employees
    100 - 249
  • Redpath and Company is a 100% employee-owned (ESOP) certified public accounting

    Redpath and Company is a 100% employee-owned (ESOP) certified public accounting

    Redpath and Company is a 100% employee-owned (ESOP) certified public accounting firm headquartered in downtown St. Paul, Minnesota...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    St. Paul, Minnesota
    Number of Employees
    100 - 249
  • Grow Your Business. Protect Your Wealth. Enjoy Your Success.

    Grow Your Business. Protect Your Wealth. Enjoy Your Success.

    DS+B provides business and individual clients the accounting, tax and advisory guidance that enables them to achieve financial goals – so each can enjoy and live for what they value most in life...

    Top Services:

    • Business Consulting
    • Accounting
    • BPO
    Location
    Minneapolis, Minnesota
    Number of Employees
    100 - 249
  • Financial Innovation

    Financial Innovation

    Mahoney is a full-service CPA firm located in St Paul, MN. We provide a full range of professional services, including accounting (audit, review, compilation), tax planning and return preparation for all tax types, and general consulting to individuals, businesses, and nonprofit organizations...

    Top Services:

    • Business Consulting
    • Accounting
    Location
    St. Paul, Minnesota
    Number of Employees
    100 - 249
  • While many advisors say clients are their priority, Smith and Howard lives and breathes a promise of personal, responsive client service. We are driven by creating extraordinary value for our clients, people and community. We have a passionate commitment to responsive, personal service...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Atlanta, Georgia
    Number of Employees
    100 - 249
  • HLB Gross Collins, P.C is an Atlanta-based full service certified public accounting firm

    HLB Gross Collins, P.C is an Atlanta-based full service certified public accounting firm

    HLB Gross Collins, P.C is an Atlanta-based full service certified public accounting and consulting firm that has been providing excellence in client service for fifty years. Throughout our history, we have had the privilege of serving prominent businesses and individuals in the Southeast, and throughout the...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Atlanta, Georgia
    Number of Employees
    100 - 249
  • Our specialties: Assurance and Advisory Services; Tax and Business Consulting; Litigation Support; Closely and Publicly Held Entities; High-Net-Worth Individuals and Family Groups; Inpatriate/Expatriate Taxation; Corporate Governance; Wealth Management...

    Top Services:

    • IT Services
    • Cybersecurity
    • Accounting
    Location
    Atlanta, Georgia
    Number of Employees
    100 - 249
  • True Partners Consulting

    True Partners Consulting

    Baker Tilly USA is a privately-owned, trusted project management, tax consulting, and business advisory firm that helps public and large private enterprises navigate complex tax and financial regulations everywhere in the world...

    Top Services:

    • BPO
    • Accounting
    • HR Outsourcing
    • Business Consulting
    • IT Services
    • Show more
    Location
    Chicago, Illinois
    Number of Employees
    100 - 249
  • The Claro Group is a strategic and financial consulting firm focused on providing clear, value-added professional services in the areas of disputes, claims, and investigations and other analytics/advisory services...

    Top Services:

    • Business Consulting
    • Accounting
    Location
    Chicago, Illinois
    Number of Employees
    100 - 249
  • We Transform Big Questions Into Clear Actions.

    We Transform Big Questions Into Clear Actions.

    A top tax, accounting and consulting firm for 69 years (and counting!), we’re driven by the outcomes that we know can change the lives of those we work with and for...

    Top Services:

    • Accounting
    • HR Outsourcing
    Location
    Cincinnati, Ohio
    Number of Employees
    100 - 249
  • H2R CPA is a locally owned and managed accounting and business advisory firm celebrating over 65 years serving closely held businesses, nonprofit organizations and high net worth individuals in the western Pennsylvania region...

    Top Services:

    • Business Consulting
    • Accounting
    Location
    Pittsburgh, Pennsylvania
    Number of Employees
    100 - 249
  • Your Trusted Accountants

    Your Trusted Accountants

    We are a CPA firm with offices in Tucson, Phoenix and Flagstaff, specializing in governmental and nonprofit entities...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Tucson, Arizona
    Number of Employees
    100 - 249
  • The world is full of accountants who conform to the old Monty Python stereotype: grey, boring and uninspired, maybe even insipid. We know this to be true because our clients tell us about them...

    Top Services:

    • Accounting
    Location
    London, United Kingdom
    Number of Employees
    100 - 249
  • Refer, earn, & enjoy: Exciting rewards with dns accountants!

    Refer, earn, & enjoy: Exciting rewards with dns accountants!

    dns accountants is a well-reputed, award-winning accounting, tax planning and consulting services practice with a national presence across the UK...

    Top Services:

    • Accounting
    Location
    Harrow, United Kingdom
    Number of Employees
    100 - 249
  • Filing Taxes minimizes your tax burden by providing reliable and professional tax accounting services in Canada...

    Top Services:

    • Accounting
    Location
    Mississauga, Canada
    Number of Employees
    100 - 249
  • Innovative IT Solutions, Proven Results

    Innovative IT Solutions, Proven Results

    Whether you are implementing a Commercial Off-the-Shelf (COTS) software package or developing custom applications, adopting a leading methodology and hiring skilled consultants does not necessarily guarantee success...

    Top Services:

    • IT Services
    • Cloud Consulting
    • ERP Consulting
    • Business Consulting
    • Accounting
    • Show more
    Location
    Lanham, Maryland
    Number of Employees
    100 - 249
  • Choose What matters most important to your business.

    Choose What matters most important to your business.

    Multi Award winning cyber security company focusing on cyber security only to develop cutting edge solutions and protection for business...

    Top Services:

    • Cybersecurity
    • IT Services
    • Cloud Consulting
    • AI Development
    • Software Testing
    • Show more
    Location
    Ahmedabad, India
    Number of Employees
    100 - 249
    Average Hourly Rate
    $120/hr
    Portfolios Count
    5 Projects Listed
  • Let's Grow Together

    Let's Grow Together

    NCRI began 13 years ago in a two-man shop working on AR for small companies. With a lot of hard work and earned reputation, the word of mouth spread and thereon we expanded from our one office in Mississauga to three multiple locations within Canada. With 80+ years of combined management experience and...

    Top Services:

    • BPO
    • SEO
    • PPC
    • Content Marketing
    • Email Marketing
    • Show more
    Location
    Mississauga, Canada
    Number of Employees
    100 - 249
    Average Hourly Rate
    $8/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    1 Project Listed
  • 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
  • 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
  • Solutions That Empower

    Solutions That Empower

    CCJM Solutions is a boutique IT Consulting and BPO firm located in Atlanta, Georgia. We are passionate about helping businesses modernize operations while reducing costs. Our areas of expertise includes custom software, web, and app development, cloud migrations, staffing, and compliance management...

    Top Services:

    • IT Services
    • Software Development
    • Graphic Design
    • CRM Consulting
    • Cloud Consulting
    • Show more
    Location
    Atlanta, Georgia
    Number of Employees
    100 - 249
    Average Hourly Rate
    $65/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    1 Project Listed
  • Simplifying Compliance And Amplifying Greatness.

    Simplifying Compliance And Amplifying Greatness.

    CKH Group, a CPA-led firm offering powerful assurance, tax, accounting, and advisory services to small businesses, global enterprises, and government entities. CKH Group also provides customized outsourcing solutions to meet your business's accounting needs...

    Top Services:

    • Accounting
    • BPO
    • Staff Augmentation
    Location
    Atlanta, Georgia
    Number of Employees
    100 - 249
    Portfolios Count
    1 Project Listed
  • Latin Americas leading provider of integrated legal, accounting & recruitment services

    Latin Americas leading provider of integrated legal, accounting & recruitment services

    Established in 2014, the Biz Latin Hub Group emerged with a mission to assist both local and international enterprises engaged in global business endeavors. Our comprehensive and seamlessly integrated range of back-office solutions encompasses everything from company establishment, accounting, and taxation to...

    Top Services:

    • HR Outsourcing
    • BPO
    • Accounting
    • Business Consulting
    • Show more
    Location
    Bogota, Colombia
    Number of Employees
    100 - 249
    Average Hourly Rate
    $175/hr
    Minimal Budget
    $10,000 - $25,000
  • Your Vision Is Our Mission

    Your Vision Is Our Mission

    Kryptobees is an ISO-certified, Leading blockchain and web3 development company. We have successfully delivered over 750+ Projects on time with advanced technologies, 100+ skilled developers and 50+ experienced experts in the blockchain sector...

    Top Services:

    • Blockchain
    • AI Development
    • VR/AR
    • Software Development
    • Mobile App Development
    • Show more
    Location
    Madurai, India
    Number of Employees
    100 - 249
    Average Hourly Rate
    $50/hr
    Portfolios Count
    4 Projects Listed
  • More Profits, Less stress, Ledger Labs

    More Profits, Less stress, Ledger Labs

    An outsourced accounting and bookkeeping firm with super-strong foundations built by over 12 years of expertise and experience...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    New York City, New York
    Number of Employees
    100 - 249
    Average Hourly Rate
    $60/hr
    Minimal Budget
    $10,000 - $25,000
  • Digital Creative Agency in Barcelona.

    Digital Creative Agency in Barcelona.

    Vision Factory is a dynamic Barcelona-based company specializing in Digital Marketing, Graphic Design, Event promotion and financial analysis. Our goal is to provide efficient business solutions, contributing to your success. Discover how our Barcelona marketing agency can boost your brand...

    Top Services:

    • Branding
    • Package Design
    • Affiliate Marketing
    • SEO
    • Content Marketing
    • Show more
    Location
    Barcelona, Spain
    Number of Employees
    100 - 249
    Minimal Budget
    Under $1,000
  • Your Technology Partner

    Your Technology Partner

    Vitek Technology LLC is a leading group of technology experts specializing in delivering innovative SaaS solutions, comprehensive project management, and strategic consulting services. Our expertise also extends to encompassing top-tier Web and App design, seamless integration solutions, and reliable hosting...

    Top Services:

    • Web Design
    • eCommerce Development
    • Web Development
    • WordPress Website Design
    • Content Marketing
    • Show more
    Location
    Monterrey, Mexico
    Number of Employees
    100 - 249
    Minimal Budget
    $1,000 - $10,000

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 

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