What is the true cost of a full-time bookkeeper?

 

Full-Time Bookkeeper

 

CSP & Associates

Training (annually)

$300.00

$0

Wages (based on $15.00/hour)

31,200.00

0

FICA Taxes (Employer Contribution)

2386.80

0

Federal Unemployment (withheld at minimum rate)

56.00

0

State Unemployment (withheld at minimum rate)

270.00

0

Maintaining Employee Work Space

Varies

0

Office Equipment for Employee

Varies

0

Other Employee Benefits (insurance, vacation, etc.)

Varies

0

Annual Cost

34,212.80

12,500.00

Totals:

$34,212.80

$12,500.00

**This table is provided only as an example; actual costs may vary depending on specific needs.