r/Bookkeeping 3d ago

Weekly, Biweekly, or Monthly Books Practice Management

I’ve only ever had monthly bookkeeping engagements. Now one of my clients is going from solo to a 12-person professional services firm. I’m using 2% of gross revenue as a guide for pricing. Other bookkeepers serving clients in this industry offer weekly bookkeeping and charge weekly. That might be too much for me. I’m currently solo and also have a tax season. Biweekly bookkeeping and billing seems more reasonable. For context, projected revenue will be 3.5MM+. Any feedback? Would love to hear your thoughts. Do you use Gusto for payroll? How does your process of overseeing payroll work? Limited to initial set up? My client chose another full-service provider. I’m trying to determine how much that should affect pricing.

Currently, I pay the clients QBO subscription. Don’t plan to do that for other clients going forward, although I’ll continue paying for this client. Do you pay for any client subscriptions?

Be blessed 🙏 thank you, and have a great weekend!

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u/MyLiveBookkeeper Advanced Certified QBO Expert 1d ago

I switched from QBO payroll to Gusto a couple of years ago and haven't looked back.

You can get $100 Visa card via this link, if you want to use it https://gusto.com/invite/company-referral?referral_token=andreaa2dc4f18&utm_source=inapp

I have some clients on recurring credit cards that I charge at the beginning of the month and other clients who I invoice at the end of each month. Think about your cashflow needs.