Bookkeeping, payroll, and fractional CFO services for the Merrimack Valley and Greater Boston.

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Questions

Answers to questions about bookkeeping, payroll, and accounting. Don't see what you need? Contact us.

How much does a bookkeeper cost for a small business?

Small business bookkeeping typically costs $200 to $600 monthly for basic services. The actual price depends on transaction volume, industry complexity, and which services are included beyond basic monthly books.

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What is the difference between bookkeeping and accounting?

Bookkeeping is recording and organizing financial transactions. Accounting is analyzing that data, preparing tax returns, and providing strategic guidance. Most small businesses need both, just at different levels.

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How often should a small business reconcile its accounts?

Monthly reconciliation is the standard for most small businesses. High-volume or cash-heavy businesses benefit from weekly or even daily reconciliation to catch errors and fraud faster.

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When should I hire a bookkeeper instead of doing it myself?

Hire a bookkeeper when the time you spend on books costs more than paying someone else. If you're falling behind, dreading reconciliations, or making decisions without trusting your numbers, you've probably passed that point.

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What are the signs that my business needs professional bookkeeping help?

Common signs include not knowing your actual profitability, falling months behind on reconciliations, dreading tax season, and spending hours on books instead of running your business. If your CPA is charging extra to clean up your records, that's a clear signal.

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How do I know if my bookkeeper is doing a good job?

Look for monthly reconciliations completed on time, accurate financial statements you can actually understand, and stress-free tax preparation. A good bookkeeper catches problems before you do.

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Vast Accounting provides bookkeeping, payroll, and fractional CFO services for small businesses across the Merrimack Valley and Greater Boston. We combine 15+ years of hands-on finance experience with a genuine commitment to helping local businesses succeed.

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