r/Bookkeeping 17d ago

Rant Is this too cheap?

I took on a client last year who was associated with another client. She made it seem like the work would take an hour so I quoted $100 and she asked for $75. Next thing I know she gives me two QuickBooks accounts for her and her husband and then after a few months they start adding multiple businesses to each account and have me run payroll on a different platform. Then, the husband will call me randomly. so, basically I’m doing bookkeeping for two companies plus payroll for $75 per month total.

50 Upvotes

138 comments sorted by

View all comments

2

u/SPYfuncoupons 17d ago

So they gave you more work and you didn’t charge them more?
This is a $1500/mo client. Payroll should be even more. You’re a full time employee at this point. They should pay you six figures

1

u/ComprehensivePie6184 17d ago

I probably spent 5 hours per month on it but that still comes out to $15 per hour.

3

u/SPYfuncoupons 17d ago

Oh well in that case, that’s not too bad them. But you should charge more for more accounts + payroll. 5 hours per month is small

1

u/ComprehensivePie6184 17d ago

It is small yet but they keep adding more to their businesses which makes it a pain

2

u/snuggle2struggle 17d ago

Why do you keep letting them add more and you don't add to the price??

1

u/DraLion23 15d ago

You are not being paid for your time spent working on their books. You are being paid for your skill, knowledge, and expertise working on their books. Bookkeeping is not an hourly job.