Your numbers (per year)
The numbers filled in are examples. Replace them with yours.
Bookkeeping Rate Calculator
Start from what you want to earn, then work back to an hourly rate that covers your costs, taxes and the hours you can't bill.
What goes into the price
- Income you want to take home
- Yearly business expenses
- Tax rate to set aside
- Billable hours per week
- Weeks off per year
Send quotes from your phone
- FreshBooksInvoices, expenses, time tracking and accounting for small businesses.
- Invoice SimpleInvoices and estimates from your phone, with online payments.
Questions
How is the hourly rate worked out?
Income plus expenses, grossed up for the tax you set aside, divided by the hours you can actually bill in a year (billable hours per week times working weeks).
How many billable hours should I plan for?
Fewer than you work. Admin, sales, email and unpaid revisions take a real share of the week, so plan billable hours honestly and adjust after a month of tracking.
Should I charge hourly or by project?
Hourly is simplest for open-ended work. For defined deliverables, use the hourly rate to estimate the hours, then quote a project price.