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 undergoes DesignRush evaluation for professional expertise and genuine client satisfaction to assist your search. Some featured placements are paid.

  • Suffix Digital: Empowering Success Online.

    Suffix Digital: Empowering Success Online.

    Suffix Digital: A premier Web and Mobile Application Design and Development company specializing in creating innovative, user-friendly solutions tailored to meet your business needs...

    Top Services:

    • Web Development
    • IoT
    • Mobile App Development
    • Software Development
    • WordPress Website Design
    • Show more
    Location
    Surat, India
    Number of Employees
    Under 49
    Average Hourly Rate
    $12/hr
    Minimal Budget
    Under $1,000
  • Accountants in London For Small Business & SMEs

    Accountants in London For Small Business & SMEs

    Taj Accountants stands high among the renowned accountancy firms in London for offering outstanding accounting and taxation advice to corporates, as well as individuals. Our client base ranges from individuals who are seeking general accounting and taxation advice to sole traders, limited companies or...

    Top Services:

    • Accounting
    Location
    London, United Kingdom
    Number of Employees
    Under 49
    Average Hourly Rate
    $25/hr
    Minimal Budget
    Under $1,000
  • Bookkeeping and Accounts, Payroll, Company Formation

    Bookkeeping and Accounts, Payroll, Company Formation

    Osservi Outsource Services is a leading service provider in the field of Bookkeeping, Payroll, has been transforming business across Ireland...

    Top Services:

    • Accounting
    Location
    Dublin, Ireland
    Number of Employees
    Under 49
    Average Hourly Rate
    $1/hr
  • Bookkeeping & Accounting Services for Startups.

    Bookkeeping & Accounting Services for Startups.

    Mighty Financial is a professional bookkeeping and accounting firm dedicated to delivering comprehensive financial guidance, strategic planning, and hands-on support to early-stage startups. Our expertise lies in the realm of technology startups, recurring revenue models, and growth-oriented enterprises...

    Top Services:

    • Accounting
    Location
    Boston, Massachusetts
    Number of Employees
    Under 49
  • Large enough to handle your diverse needs. Small enough to care.

    Large enough to handle your diverse needs. Small enough to care.

    We are a top New York City accounting business in the Noho/Greenwich Village neighborhood. We ensure that every customer receives the close scrutiny and attention they deserve by combining our skills, experience, and team mindset. Our clients return year after year because of our commitment to high standards...

    Top Services:

    • Accounting
    Location
    New York City, New York
    Number of Employees
    Under 49
  • Award-winning firm.

    Award-winning firm.

    We offer a range of tailor-made services that are specially designed to respond to your business precise requirements. We see through the lengthy process of compiling and auditing your financial statements and other relevant documents and manage the entire process of your project from start to finish...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Preston, United Kingdom
    Number of Employees
    Under 49
    Average Hourly Rate
    $100/hr
    Minimal Budget
    $1,000 - $10,000
  • Simple Solutions to Complex Problems

    Simple Solutions to Complex Problems

    The DV Factory is a premier consultancy specialising in providing industry experts and holistic project and application development teams for the delivery of initiatives in the VOT/OO, Performance Marketing & Data Automation spaces...

    Top Services:

    • Cloud Consulting
    • Managed Services
    • DevOps Consulting
    • IT Services
    • Business Consulting
    • Show more
    Location
    London, United Kingdom
    Number of Employees
    Under 49
    Average Hourly Rate
    $75/hr
    Minimal Budget
    $1,000 - $10,000
  • Finance and Accounting Insights to Plot Your Path to Growth

    Finance and Accounting Insights to Plot Your Path to Growth

    We take care of everything finance and accounting for small and medium-sized businesses. Anything that would normally fall in the CFO's wheelhouse, we handle. From basic bookkeeping, to month-end close, financial reporting, budgeting, planning and analysis, and strategic CFO guidance. We adapt the scope of...

    Top Services:

    • Accounting
    Location
    Austin, Texas
    Number of Employees
    Under 49
    Average Hourly Rate
    $60/hr
    Minimal Budget
    Under $1,000
  • Not Your Average Tampa Accountant.

    Not Your Average Tampa Accountant.

    Taxes Tampa is an Accountant in Tampa that specializes in tax, accounting and advisory services for small and growing businesses!...

    Top Services:

    • Accounting
    Location
    Tampa, Florida
    Number of Employees
    Under 49
    Average Hourly Rate
    $150/hr
    Minimal Budget
    Under $1,000
  • In sync with your needs.

    In sync with your needs.

    A company called SynchronyHR provides outsourcing for human resources to business owners all throughout the nation. You can stop worrying about the boring jobs and concentrate on your growth and success by doing away with the headaches of human resources, compliance, workers' compensation, risk management...

    Top Services:

    • HR Outsourcing
    • Accounting
    Location
    St. Louis, Missouri
    Number of Employees
    Under 49
  • Outsourcing Professional Bookkeeping and Accounting Services

    Outsourcing Professional Bookkeeping and Accounting Services

    GRO IT Solutions Pvt Ltd is a Pune based Accounting and Bookkeeping solution provider for all kind of businesses across globally. We are happily serving Singapore based client since last 9 years. Since GRO IT's inception in 2014, our team of experts have fulfilled clients' business needs with agility and...

    Top Services:

    • Accounting
    • HR Outsourcing
    • Customer Support
    Location
    Pune, India
    Number of Employees
    Under 49
    Average Hourly Rate
    $25/hr
  • Dream, Design, Deploy

    Dream, Design, Deploy

    Webdorks is a Singapore-based web design agency that provides expertise in UX/UI, web design, and customized web applications. They work closely with clients to understand their goals and deliver custom solutions that meet their specific needs...

    Top Services:

    • Web Design
    • WordPress Website Design
    • Web Development
    • eCommerce Development
    • UI/UX Design
    • Show more
    Location
    Singapore, Singapore
    Number of Employees
    Under 49
    Average Hourly Rate
    $49/hr
    Minimal Budget
    $1,000 - $10,000
    Portfolios Count
    1 Project 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • 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
  • Small Business Accounting Made Easy

    Small Business Accounting Made Easy

    Comprehensive Business Solutions based in Denver, Colorado, provides a full range of tax preparation, accounting and bookkeeping services, either in your facility or at our location...

    Top Services:

    • Business Consulting
    • Accounting
    Location
    Denver, Colorado
    Number of Employees
    Under 49
  • Virtual bookkeeping, HST, payroll, payables & year end by an all-Canadian team of experts...

    Top Services:

    • Accounting
    Location
    Burlington, Canada
    Number of Employees
    Under 49
  • Zenbooks is your connected business advisor and guide to increased productivity and automation for your office...

    Top Services:

    • Accounting
    Location
    Ottawa, Canada
    Number of Employees
    Under 49
  • Simplifying Your Finance Since 1975

    Simplifying Your Finance Since 1975

    Nacca & Capizzi, LLP is an accounting firm strive to help each client achieve their maximum potential through sound and efficient accounting and close, personalized services. Our wide range of experience and a portfolio of fully integrated services allow us to go beyond just the numbers...

    Top Services:

    • Business Consulting
    • Accounting
    Location
    Rochester, New York
    Number of Employees
    Under 49
  • weConnect helps companies expand globally by with its global employer of record and entity compliance services so they can focus on their core business...

    Top Services:

    • Accounting
    Location
    Tokyo, Japan
    Number of Employees
    Under 49
  • Our Success Is a Result of Your Success.

    Our Success Is a Result of Your Success.

    Conlon & Company is an accounting firm committed to providing close, personal attention to our clients. We believe in the value of relationships. We view every client relationship like a partnership, and truly believe that our success is a result of your success...

    Top Services:

    • BPO
    • Accounting
    Location
    Rochester, New York
    Number of Employees
    Under 49
  • Accounting & Advisory Services

    Accounting & Advisory Services

    Client-centered Accounting & Advisory Services. We assist businesses in achieving success by providing virtually enabled, scalable, and cost-effective business solutions. Working with a diverse clientele, our Buffalo, NY, CPA team provides highly personalized and quality solutions tailored to niche...

    Top Services:

    • Business Consulting
    • Accounting
    Location
    Buffalo, New York
    Number of Employees
    Under 49
  • An integrated HR solutions company.

    An integrated HR solutions company.

    We take pride in being in the unique position of operating with MNC-level precision while possessing the lean agility of an SME, responding quickly to all HR needs...

    Top Services:

    • Accounting
    • HR Outsourcing
    Location
    Petaling Jaya, Malaysia
    Number of Employees
    Under 49
  • Accounting & Tax Services in Buffalo

    Accounting & Tax Services in Buffalo

    Choose Blatner & Mineo CPA PC to work with you one-on-one for your personal and business accounting needs. We are New York natives who want to help our community grow and thrive in the area. We have been serving local businesses and individuals in Buffalo for over 30 years and have handled all financial...

    Top Services:

    • Accounting
    Location
    Buffalo, New York
    Number of Employees
    Under 49
  • Technology-Driven Business Accountability

    Technology-Driven Business Accountability

    Dansa D'Arata Soucia LLP is a public accounting and consulting firm comprised of diverse professionals who bring together the best practices, experiences, and service concepts to deliver premier assurance, tax and consulting services to our clientele. With some of the region’s most recognized organizations...

    Top Services:

    • Accounting
    • Business Consulting
    Location
    Buffalo, New York
    Number of Employees
    Under 49
  • Denver CPA Accounting

    Denver CPA Accounting

    Gheen & Co., CPA, LLC is the fastest growing CPA firm in Colorado. We've built our reputation on designing innovative accounting solutions and money-saving tax strategies for medical professionals, dentists, veterinarians, and high net worth business owners...

    Top Services:

    • Accounting
    Location
    Denver, Colorado
    Number of Employees
    Under 49
    Average Hourly Rate
    $30/hr
    Minimal Budget
    $1,000 - $10,000
  • Partnering with Businesses and Individuals to help them achieve their Compliance requirements and meet their Operational...

    Top Services:

    • Accounting
    Location
    Ware, United Kingdom
    Number of Employees
    Under 49
    Average Hourly Rate
    $20/hr
  • D.A. Clark & Co Ltd has more than 30 years of experience advising small and medium-sized businesses in Horsham and the surrounding area...

    Top Services:

    • Accounting
    Location
    Horsham, United Kingdom
    Number of Employees
    Under 49
  • You Run The Business We'll Run The Numbers

    You Run The Business We'll Run The Numbers

    At SRJ we are committed to providing our clients with world class service. Known for our professional development and tax accounting services we provide services to numerous industries and associations across the GTA...

    Top Services:

    • Accounting
    Location
    Toronto, Canada
    Number of Employees
    Under 49
  • Hassle Free Accounting & Bookkeeping

    Hassle Free Accounting & Bookkeeping

    We are a full-service Accounting Firm licensed in CO, CA & NM. We can handle any combination of services you require from bookkeeping, tax planning, payroll, human resources management, tax preparation and more...

    Top Services:

    • Accounting
    Location
    Denver, Colorado
    Number of Employees
    Under 49
  • Trusted Accounting Solutions

    Trusted Accounting Solutions

    As a business owner or leader, have you given up on having quality bookkeeping and financial reporting for your business? Barta Business Group is a team of bookkeeping, accounting, and finance professionals providing outsourced solutions for small and mid-sized businesses and nonprofits...

    Top Services:

    • Business Consulting
    • Accounting
    Location
    Denver, Colorado
    Number of Employees
    Under 49
    Average Hourly Rate
    $125/hr
    Minimal Budget
    $1,000 - $10,000
  • Financial Certainty & Empowerment

    Financial Certainty & Empowerment

    Whether managing a business or planning your family's future, achieving your financial vision provides peace of mind. At Shaw & Associates CPA's & Financial Advisors, we want to be your comprehensive business and financial management partner. Tax preparation & strategy, financial services, and accounting &...

    Top Services:

    • Accounting
    Location
    Fort Collins, Colorado
    Number of Employees
    Under 49
  • Harris CPAs has been a trusted advisor and leading provider of specialized accounting, audit and assurance, tax and consulting solutions...

    Top Services:

    • Accounting
    Location
    Meridian, Idaho
    Number of Employees
    Under 49
  • We provide a full range of financial services to startups & later-stage tech companies in Canada, from investor-ready #cloudaccounting to strategic CFO services...

    Top Services:

    • Accounting
    Location
    Toronto, Canada
    Number of Employees
    Under 49
  • Looking Beyond the Numbers

    Looking Beyond the Numbers

    We accomplish this by serving as a dedicated advisor—guiding clients on everything from entity selection and cash flow analysis to operations and technology...

    Top Services:

    • Accounting
    Location
    Colorado Springs, Colorado
    Number of Employees
    Under 49
    Average Hourly Rate
    $145/hr
  • You Don't Have to Be a Tax Expert. That's Our Job.

    You Don't Have to Be a Tax Expert. That's Our Job.

    We are a local CPA firm and have six staff; five professional staff including two partners, three staff, and one administrative staff. We anticipate that the staff on this engagement would include a Senior Manager, and senior staff auditor in addition to the audit partners...

    Top Services:

    • Accounting
    Location
    Denver, Colorado
    Number of Employees
    Under 49
  • Professional Virtual Assistant Services

    Professional Virtual Assistant Services

    We are a Virtual Assistant Services company providing a range of services to clients worldwide, including online business management, project management, tech virtual assistance, general admin and customer support services. Our virtual assistants serve SMEs' in various industries...

    Top Services:

    • Customer Support
    • Accounting
    • SEO
    Location
    Cape Town, South Africa
    Number of Employees
    Under 49
    Minimal Budget
    Under $1,000
  • Your partner in coming up with innovative ways to spur your company's growth and mitigate risks

    Your partner in coming up with innovative ways to spur your company's growth and mitigate risks

    Regardless of where you are in your business growth, Credo partners with you to provide honest and effective ways to spur growth and profitability...

    Top Services:

    • Accounting
    Location
    Alpharetta, Georgia
    Number of Employees
    Under 49
  • Where Quality Meets Trust.

    Where Quality Meets Trust.

    We specialize in providing all accounting and financial reporting needs for businesses. This includes bookkeeping, accounting, controller services, CFO services and CPA services. All of our team members have the expertise and knowledge to help your business grow...

    Top Services:

    • Accounting
    Location
    Salt Lake City, Utah
    Number of Employees
    Under 49
    Minimal Budget
    $1,000 - $10,000
  • Financial Expertise for Nonprofits, Nationwide.

    Financial Expertise for Nonprofits, Nationwide.

    Altruic Advisors is a CPA and financial consulting firm that works exclusively with nonprofit organizations. Audits, reviews, and tax preparation services are available through our offices in Colorado, Michigan, Minnesota, and Washington, DC...

    Top Services:

    • Business Consulting
    • Accounting
    Location
    Ann Arbor, Michigan
    Number of Employees
    Under 49
    Average Hourly Rate
    $125/hr
    Minimal Budget
    $1,000 - $10,000
  • Taking care of business

    Taking care of business

    Helping owners and managers of businesses and charities, start up, manage and grow. Based in the UK, we provide on-call business operations. We work on an hourly basis, with no contracts so you just pay for the time you need, and our average rate is just £24 an hour...

    Top Services:

    • Accounting
    • BPO
    • Phone Answering Services
    • Business Consulting
    • HR Outsourcing
    • Show more
    Location
    London, United Kingdom
    Number of Employees
    Under 49
    Average Hourly Rate
    $19/hr
    Minimal Budget
    Under $1,000
  • Outsource Your Accounting and HR Departments.

    Outsource Your Accounting and HR Departments.

    We designed our advanced business and accounting services to better help your business establish a solid foundation for growth. You can customize your service package further by adding payroll, accounting, human resources, tax preparation or any of our other help you might require in addition to business...

    Top Services:

    • BPO
    • Accounting
    • HR Outsourcing
    Location
    San Diego, California
    Number of Employees
    Under 49
  • Dedicated Assistants to do your admin, so you can focus on growing your business.

    Dedicated Assistants to do your admin, so you can focus on growing your business.

    Dedicated Assistants to do your admin, so you can focus on growing your business...

    Top Services:

    • HR Outsourcing
    • BPO
    • Accounting
    • Transcription Services
    • Customer Support
    • Show more
    Location
    Pretoria, South Africa
    Number of Employees
    Under 49
    Average Hourly Rate
    $17/hr
    Minimal Budget
    Under $1,000

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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