Bookkeeper Calculator.xls by zhaonedx


									                              Calculate the True Cost of your in-house Bookkeeper
                                  A Comprehensive Accounting solution for Mananging Business
                                         Phone: 919-481-0823 Fax: 919-481-2050

Instructions: To see your true monthly costs of your in-house bookkeeper, fill in the GREY line items
using your current data. You can print this spreadsheet when you are finished.

Your Current Bookkeeper Costs:

Cost of Bookkeeper:
  Bookkeeper's hourly rate                                                            $15   /hour
  Hours per week, on average, that your bookkeeper works                               20   /week
  Health insurance costs for bookkeeper                                              $350   /month
  Pension benefits (as a % of salary)                                                 5%
  Weeks of paid vacation per year                                                       2   weeks/year
  Payroll taxes & worker's comp (as a % of salary)                                   15%
  Overhead (as a % of office space, computer, supplies)                              20%

Cost of Your Time to Manage the Bookkeeper:
  Hours per week you spend with the bookkeeper                                          2   /week
  Value of your time (not cost)                                                      $100   /hour
  Hiring and ongoing training of bookkeeper                                            25   hours/year
  CPA fees to review and remedy bookkeeping mistakes                                 $300   /month

Detail Calculation Bookkeeper:
   Monthly Salary                                                                  $1,300
   Health Insurance                                                                  $350
   Pension Benefits                                                                   $65
   Vacation                                                                           $50
   Payroll Taxes & Worker's Comp Insurance                                           $195
   Overhead                                                                          $260
Total Bookkeeper Costs                                                                           $2,220

   Your Time to Manage Bookkeeper                                                    $867
   Hiring and Ongoing Training                                                        $63
   CPA fees to review and remedy bookkeeping mistakes                                $300
Total Opportunity Costs of Owner                                                                 $1,229

Your TOTAL Current Monthly Costs:                                                $3,449

We are sure that this calculator would have given you an insight as to how much you spend for a in-
house bookkeeper. Additionally you don’t have to choose between a bookkeper and controller,
because with Bottomline you get both. We encourage you to look at           BottomLine Solutions, Inc.
and see for yourself how we can raise the level of your bookkeeping and accounting while lowering your
                                                         To Speak to a Representative Call 919-481-0823
                                     A Comprehensive Accounting solution for Mananging Business
                                            Phone: 919-481-0823 Fax: 919-481-2050

Who we are
Bottomline Solutuions provides complete outsourced bookkeeping and controller services to
small and medium-sized businesses. By combining the experience of skilled accounting
personnel and your accounting software, we provide the means for you to operate a sucessful,
efficient company.                                      

The BottomLine Solutions, Advantage
Our outsourced accounting system provides you with significant savings over and above the cost of in-
house staff. You save as much as 50% and gain higher quality bookkeeping, management reporting,
administration and other financial functions.

Finally….Accounting for the Real World
Our motto….As a business ower, your accounting system should not be something strange to
you that only your CPA and the taxman understand, but should provide you with the important
information about your company to help you make the best decisions and improve your
                                                                          Learn more about us

                                               Request for Proposal

                              To Speak to a Representative call 919-481-00823
 ng Business

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