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Level 1

How to justify your cost?

I am new to Qb and I have a few co-workers who are farmers and small business owners. They hate doing the books themselves and we were talking about what I can offer them with QuickBooks online and being their book keeper. 


But... My question is, how do you justify a price for your service? For the farm co-worker, he said it's a few inquiries a week or month. But for the small business owner, it would be more like a couple hours of work a week or every two weeks. 


Also another question would be, can you create a profile and train the people who are the business owners and sell them the account?

3 Comments 3
Community Champion

How to justify your cost?

You can click your hours and do billable hours just like a lawyer or CPA, or you can offer a flat rate for small accounts, maybe that includes their monthly software at wholesale billing tgat you can offer through your QBOA account. Could you do farm books for $100/month time and $30 for QBO Plus?, maybe 150 complete? 4-5 hours total?

Level 1

How to justify your cost?

i just dont know how to justify a specific dollar amount. and as for a farm account, i guess i dont understand your question.

Level 15

How to justify your cost?

You price yourself according to the work and the resources you need, and the level of help you provide.


Examples: by the transaction, by the Task, by the Hour. Or, as a Contract fee.


If you have to own a computer and Desktop QB, that is part of your own overhead for being in business.


For instance, I started out with Hourly, and have one client under Monthly Contract that I first computed as roughly $5 per transaction projected for sales and payment of expenses.


By Task = running payroll each time, doing reporting; Banking reconciliation.


You have resources on the web for Market Rates in your region for service providers, as well.

Google this phrase:


intuit rate survey 2018

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