![]() ![]() The main types of checks I write are reimbursement checks if the teacher buys supplies with her own money, or certain vendors will send invoices, and I will write a check for those. It’s unusual for the bookkeeper to be able to write and sign checks, but because it is such a small business, we have our duties divided a little bit differently than it may normally look. RELATED: Paperless Bookkeeping: Help Your Clients Get Rid of Paper Write checksĪnother extra task that I do for this client is to write checks for this preschool, so I am a signer on the bank account. I’ve been working as hard as possible to get them up and running on a digital system by emailing pictures of those receipts to QuickBooks and matching it from there. However, for this client, I also do receipt management, which is probably the most time-consuming task I do for this preschool.Ī few years ago, they were giving me all their paper receipts, and I organized them, but I really disliked that system. With my small clients, I do all the regular bookkeeping tasks, such as hooking their banks up to QuickBooks Online, categorizing all their transactions, and reconciling at the end of the month. I like to calculate my rate based on my max time, but then I’m rewarded if I work quickly and efficiently. Occasionally, there’s a problem where I need to dig to find the solution, or my client has a special request I need to take care of, and in those cases, it will take me the full five hours. I work a maximum of five hours per month for this client, which means sometimes I get my job done in less time. ![]() These are just estimates I’ve noticed over time. ![]() Working a maximum of five hours per month on this particular client’s books, and charging $250 a month, I’m making right around $50 an hour, which is in the ballpark of where I want to be.Įven though I’m giving you the hours it takes me with each of these clients, I don’t necessarily keep track of them. This preschool employs six teachers and hosts about 100 students. To illustrate what a small client looks like, I’ll be using a preschool I do bookkeeping for that generates about $150k in revenue a year. ![]()
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