Copyright ©2012 - Royal Consulting Inc. - All rights reserved This depends on the volume of transactions to be processed, the frequency of visits to your place of business and the complexity of any special reports you need. We agree a fixed monthly fee with you in advance so there are never any surprises. The fee will always be value based to ensure that you are getting the highest level of service for a lower cost than hiring your own accountants. We will be glad to visit you at your premises, free of charge or obligation, and after assessing your needs, give you an estimate of what our services would cost you. Small businesses need a mixture of different skills in the bookkeeping and accounting field. You need someone to record transactions regularly into the accounting system. You need another resource at a more advanced level to prepare your financial reports and ensure they are accurate and you need a third more senior accountant to answer the trickier financial questions that come up all the time in business. No. Depending on the state of your existing accounting system, there will be a certain amount of setup work to be done. This would normally be equivalent to about one month's billing. Apart from that, your monthly charge covers everything. If special work is required (for example new information reports or a year end file for your auditors) we will be happy to quote you in advance. How Much Will It Cost? How Does This Make Sense Economically? Are There Hidden Costs?