💡 Why Pay More for a Bookkeeper? Because Cheap Bookkeeping Costs More.

When I launched Bookminder Canada, I didn’t expect to be fixing half of the files I took over.

But here we are — nearly 50% of my clients come to me with books that need to be redone from scratch because of errors left by previous bookkeepers.

Fifty percent!

That’s a staggering number — and it says a lot about what’s really happening in the small business world today.

🔍 The Real Cost of “Cheap” Bookkeeping

Bookkeeping isn’t just about recording transactions — it’s about building an accurate financial story your business can rely on.

When books are done poorly, here’s what happens:

• Accounts don’t reconcile.

• GST/HST filings are wrong.

• Expenses get misclassified.

• And when tax time rolls around, it’s chaos.

You might save a few hundred dollars a month upfront — but you’ll spend twice as much later cleaning it up, not to mention the time, stress, and CRA risk.

💼 Why Professional Bookkeeping Costs More — and Delivers More

Professional, accurate, and meticulous bookkeeping takes time, experience, and attention to detail.

That’s why you should expect to pay somewhere between $700–$1,200 per month for proper monthly bookkeeping — depending on your transaction volume, reporting needs, and whether payroll or sales tax are included.

Of course, it varies — a small consulting business with 30 transactions a month won’t pay the same as a contractor with 500. But what you’re really paying for isn’t data entry — it’s financial clarity, compliance, and confidence that your business numbers are right.

🤝 Outsourcing to an Expert Firm Saves You Money

Hiring an internal, entry-level bookkeeper might look affordable at first glance — but once you factor in:

• Training time

• Payroll costs and benefits

• Turnover risk

• Software, supervision, and ongoing support

…it quickly adds up.

When you outsource to an expert bookkeeping management firm like Bookminder Canada, you’re not paying for someone to learn on your dime — you’re hiring experience. You’re hiring systems, controls, and oversight that keep your financial foundation strong and CRA-compliant.

✨ The Bottom Line

Good bookkeeping is not cheap — but bad bookkeeping is far more expensive.

If you want to make confident business decisions, file taxes without fear, and actually understand your numbers, invest in quality.

Because the truth is simple:

You don’t pay more for good bookkeeping — you pay less for peace of mind.