Home

Fractional Finance

Fractional Finance

How It WorksPricingAdditional Services
Partner with Us
US Bookkeeping · Decision Guide

Outsourced bookkeeping
vs. in-house: which is right for you?

An honest comparison of cost, control, expertise, and risk — so you can make the right decision for your business.

Book a Discovery Call →

The Real Cost

In-house bookkeeping costs more than the salary.

A full-time bookkeeper in the US earns $45,000–$65,000 per year in salary. Add employer payroll taxes (7.65%), health insurance ($6,000–$12,000/year), paid leave, and any software or equipment costs, and the true annual cost is typically $55,000–$80,000. That's $4,600–$6,700 per month for a single person doing one job.

Then there's the management overhead: hiring (4–8 weeks, often with a recruiter fee), onboarding, performance management, and the risk of turnover. When your bookkeeper leaves — and they will eventually — you start again. Any institutional knowledge they had walks out the door with them.

Outsourced bookkeeping eliminates most of these costs and risks. You pay a flat monthly fee for a team — not a single person — with no hiring overhead, no benefits, no turnover risk, and no single point of failure. The question is not whether outsourcing is cheaper. It almost always is. The question is whether the trade-offs in control and proximity are acceptable for your business.

"The hidden cost of in-house bookkeeping isn't the salary — it's the management time, the turnover risk, and the months of disruption when they leave."

Side by Side

In-house vs. outsourced:
an honest comparison.

Monthly cost

In-House

$4,000–$6,000/month (salary + benefits + payroll taxes)

Reckonwell

From $300/month — flat fee, no hidden costs

Time to hire

In-House

4–8 weeks average, plus onboarding time

Reckonwell

Set up within 48 hours of discovery call

Coverage when sick or on leave

In-House

Work stops or falls to you

Reckonwell

Team-based — no single point of failure

Software expertise

In-House

Depends on the individual hire

Reckonwell

Xero / QuickBooks certified, set up properly from day one

Scalability

In-House

Hire again when you outgrow them

Reckonwell

Scales with your business, no rehiring

Management overhead

In-House

You manage them — performance reviews, HR, etc.

Reckonwell

We manage ourselves — you review the output

Tax filing

In-House

Bookkeeper may or may not handle tax prep

Reckonwell

Not included — but your CPA gets clean books, not a mess

Institutional knowledge

In-House

Leaves when they leave

Reckonwell

Documented processes, continuity guaranteed

When in-house makes sense: Very high transaction volumes, physical presence requirements, or businesses at a scale where a full finance team is justified. For most founder-led businesses under $10M revenue, outsourced bookkeeping is more cost-effective and more reliable.

Tax Filing Note

Reckonwell handles bookkeeping and finance operations — not tax preparation or filing. Whether you choose in-house or outsourced bookkeeping, you'll still need a CPA for federal and state tax returns. If you don't have one, we can refer you to a trusted partner.

"Do you file my taxes? No — but your CPA will thank you for how clean your books are."

Questions & Answers

Frequently asked questions

In-house bookkeeping makes sense when your transaction volume is extremely high (hundreds of transactions per day), when you need someone physically present in your office for compliance or operational reasons, or when you've grown to a scale where a full finance team is justified. For most founder-led businesses under $10M revenue, outsourced bookkeeping is more cost-effective and more reliable.

With Reckonwell, you have a team — not a single person. Errors are caught through internal review processes before they reach you. If something does slip through, we fix it at no additional cost. With an in-house hire, you're relying on one person with no internal review layer.

Yes. We handle the transition — migrating your data, connecting bank feeds, and getting everything clean and current. Most transitions are completed within a week. We've done this many times and have a clear process for it.

No — Reckonwell handles bookkeeping and finance operations only. We do not prepare or file federal or state tax returns. If you need a CPA, we can refer you to a trusted partner. Your books will be clean and organised, which makes your CPA's job significantly easier.

We work with Xero and QuickBooks. If you're already on one of these, we slot straight in. If you're on spreadsheets or a legacy system, we'll migrate you as part of onboarding at no extra cost.

Most clients are fully set up within 48 hours of the discovery call. We connect to your bank feeds, migrate existing data, and get everything clean and current. You don't lift a finger.

Get Started

Ready to see what outsourced
bookkeeping actually looks like?

Book a 30-minute discovery call. We'll review your current setup, answer your questions honestly, and let you decide if it's the right fit.

Book a Discovery Call →

Or see the full US service overview →