One of the most common questions business owners ask us at Netfintax is: “Should I hire an in-house accountant or outsource my accounting?” For most small and mid-sized businesses, the data strongly favors outsourcing.
The True Cost of In-House Accounting
- Base salary: $50,000–$80,000/year
- Benefits & insurance: +20–30%
- Accounting software: $1,000–$5,000/year
- Total annual cost: $65,000–$110,000+
What Outsourced Accounting Costs
A professional outsourced accounting firm like Netfintax typically charges $500–$3,000/month — that’s $6,000–$36,000/year for a full team: bookkeeper, accountant, CPA, and tax specialist.
