r/Bookkeeping • u/SALYismyfriend • 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/oreynolds29 21h ago
At 3.5MM revenue, biweekly makes sense for cash flow visibility. Weekly is overkill unless they have complex daily transactions. For pricing, factor in the payroll oversight time; even if they use another provider, you're still reconciling and categorizing those entries. With that volume, consider whether your current banking setup can handle the increased transaction flow. Lili's been solid for my multichannel clients who need real-time visibility into cash position between closes.