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Updated over 2 years ago on . Most recent reply

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Hosanna Jones
  • Investor
  • Calumet City, IL
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QuickBooks

Hosanna Jones
  • Investor
  • Calumet City, IL
Posted

I would like to hire a bookkeeper to set up QBs for my business.  I have 7 properties and 22 tenants. How much should I expect to pay for the service? What should it include?  What will I need?  How long should it take?  What I should expect in terms of follow-up service?  Can you recommend someone?  Please share any other thoughts that you may have.  Thank you.

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Wendell De Guzman
  • Investor
  • Chicago, IL
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Wendell De Guzman
  • Investor
  • Chicago, IL
Replied
Originally posted by @Hosanna Jones:

I would like to hire a bookkeeper to set up QBs for my business.  I have 7 properties and 22 tenants. How much should I expect to pay for the service? What should it include?  What will I need?  How long should it take?  What I should expect in terms of follow-up service?  Can you recommend someone?  Please share any other thoughts that you may have.  Thank you.

 Hosanna,

(1) You can outsource it to bookkeeper only company for $65/month.

(2) You can hire a local /bookkeeper at $20+ per hour

(3) You can hire a full time accountant at $40K+/year

or you can outsource it to (4) a full service accounting firm at $2K/month+

I've done 1-3 and will also do 4. Given you have 22 tenants and 4 properties, 1 or 2 might work for you.

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