Outsource Bookkeeping Services Cost: What Businesses Should Expect to Pay

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Outsource Bookkeeping Services Cost

For UK businesses searching for outsource bookkeeping services or asking how much does it cost to outsource bookkeeping, the honest answer is that pricing varies widely. The variation exists because bookkeeping is not a one size fits all service. The cost depends on the size of your business, how complex your finances are, how often you need updates, and whether you want basic data entry or ongoing operational support.

In this guide, we break down real UK cost ranges, explain what actually drives prices up or down, and highlight what many competitors fail to explain clearly. The goal is to help you budget accurately and choose a solution that genuinely fits your business rather than paying for something you do not need.

A quick answer on outsourced bookkeeping costs in the UK

Most UK businesses can expect to pay between £150 and £1,500 per month for outsourced bookkeeping.

That range may feel wide, but it reflects the difference between a low volume sole trader and a growing ecommerce business with VAT, payroll, and multiple sales channels. Some companies also choose hourly pricing or a dedicated offshore resource, which changes the cost structure entirely.

Before we go deeper, here is a simple snapshot.

  • Sole traders and micro businesses often pay £150 to £400 per month
  • VAT registered service businesses usually fall between £400 and £800 per month
  • Ecommerce and multi channel businesses often range from £700 to £1,500 per month
  • Dedicated offshore bookkeeping support can cost £500 to £900 per month depending on hours

The key is understanding what sits behind each of these numbers.

What outsourced bookkeeping usually includes

One reason many pricing pages feel confusing is that they quote numbers without clearly stating what is included. Bookkeeping is a process, not a single task, and the scope matters.

Most outsourced bookkeeping services include the following core activities.

  • Recording sales and expenses
  • Bank and credit card reconciliations
  • Accounts receivable and payable tracking
  • Basic month end reports

That is the baseline. Costs increase when you add responsibilities that require more time, consistency, or technical knowledge.

Common add ons that affect pricing include VAT returns, payroll processing, inventory tracking, and management reporting. UK businesses also need to ensure their bookkeeping process aligns with Making Tax Digital requirements set by HM Revenue & Customs, which adds a layer of compliance and software usage.

Why bookkeeping costs vary so much

If you have ever compared quotes from different bookkeeping outsourcing companies and wondered why they differ so much, the answer usually lies in these cost drivers.

Transaction volume

The number of transactions processed each month is one of the biggest pricing factors. A business with 50 transactions a month will naturally cost less than one with 2,000.

More transactions mean more time spent categorising, reconciling, and reviewing data.

Business complexity

Complexity is not just about size. A small ecommerce brand selling internationally can be more complex than a larger UK based consultancy.

Complexity increases when you have:

  • Multiple bank accounts
  • Multiple currencies
  • Loans or financing arrangements
  • Deferred revenue or subscriptions

Each layer adds time and oversight.

VAT registration and compliance

VAT registered businesses require regular VAT reconciliation and submission. Making Tax Digital means records must be maintained digitally and submitted through compatible software.

This typically increases monthly bookkeeping costs by £100 to £300 depending on complexity.

Payroll and pensions

Payroll processing adds recurring monthly work, especially when auto enrolment pensions are involved. The more employees you have, the higher the cost.

Ecommerce channels

Ecommerce bookkeeping is one of the most underestimated areas. Marketplaces, payment gateways, refunds, and settlement delays all add complexity.

Reconciling Shopify, Amazon, Stripe, PayPal, and bank deposits accurately takes time and experience.

Reporting expectations

Some business owners only need tidy records for compliance. Others want monthly management accounts, cash flow visibility, and margin analysis.

The more insight you want, the more time your bookkeeper needs to spend.

Hourly pricing vs monthly pricing vs dedicated support

Understanding pricing models is just as important as understanding the numbers.

Hourly bookkeeping rates

Hourly rates in the UK typically range from £16 to £30 per hour for outsourced support. This model is often used for catch up work or ad hoc tasks.

It can be cost effective in the short term, but it becomes unpredictable for ongoing needs.

Fixed monthly packages

Monthly pricing is popular because it offers predictability. You know what you will pay each month, and services are clearly defined.

This model works well for businesses with stable transaction volumes.

Dedicated offshore bookkeeping support

Our pricing is slightly different, but it is ideal for people who need consistent day to day support rather than just monthly processing.

At our company, Teambuild Consultancy, we offer dedicated offshore bookkeeping resources based in the Philippines.

Our pricing is transparent and simple.

  • Part time support at 4 hours per day, 5 days a week costs approximately £500 per month
  • Full time support at 8 hours per day, 5 days a week costs approximately £900 per month

This model works well when bookkeeping is part of daily operations rather than a once a month task.

Outsourcing vs hiring in house

One of the most important cost comparisons is outsourcing versus hiring internally.

Hiring an in house bookkeeper in the UK involves more than just salary. When you factor in employer National Insurance, pensions, software, training, and management time, the true annual cost increases significantly.

A full time in house bookkeeper can easily cost £35,000 to £45,000 per year when all overheads are included.

Outsourcing allows businesses to access skills without long term employment commitments. It also removes risks associated with staff turnover, sick leave, and holiday cover.

For many SMEs, outsourcing provides better flexibility and cost control, especially during growth phases.

Hidden costs businesses often overlook

One area competitors rarely explain clearly is hidden or unexpected costs.

Here are some to be aware of.

  • Onboarding or setup fees when switching providers
  • Catch up bookkeeping if records are behind
  • Extra charges for VAT returns or payroll
  • Software subscription costs
  • Out of scope work such as historic corrections or audit support

Understanding these upfront helps avoid surprises later.

Ecommerce businesses and bookkeeping costs

Ecommerce deserves special attention because it often drives higher costs.

Sales platforms do not deposit funds in the same way banks record transactions. Fees, refunds, chargebacks, and payout delays must all be reconciled correctly.

Without proper systems, ecommerce bookkeeping can become messy quickly, leading to inaccurate VAT returns and poor decision making.

Businesses that invest in consistent bookkeeping routines and integration tools often reduce long term costs and avoid expensive clean up work.

How we approach bookkeeping support at Teambuild Consultancy

When we talk about cost, it is also important to talk about structure.

At our company, Teambuild Consultancy, we provide dedicated bookkeeping virtual assistant rather than pooled services. That means your bookkeeper works as part of your team and understands your processes over time.

We do not believe in hidden pricing or complicated tiers. Our model is simple and designed for growing UK businesses.

Our clients often choose us because:

  • They want a consistent offshore bookkeeper rather than changing contacts
  • They need daily or weekly bookkeeping support
  • They value transparency in pricing
  • They want flexibility without long term contracts

This approach works particularly well for ecommerce brands, finance teams, and accounting firms that need reliable capacity.

Who benefits most from outsourcing bookkeeping

Outsourcing is not only for small businesses. In practice, we see demand from a wide range of UK professionals.

This includes:

  • Small business owners who want to focus on growth
  • SME founders scaling operations
  • Finance managers needing operational support
  • Accounting and bookkeeping firm owners expanding capacity
  • Startup teams needing flexibility without full time hires

Many of these businesses work with an offshore bookkeeper as part of a blended finance function, combining internal oversight with outsourced execution.

How to estimate your own bookkeeping cost

Before requesting quotes, it helps to assess your own situation.

Ask yourself:

  • Are you VAT registered
  • How many transactions do you process monthly
  • Do you run payroll
  • Do you sell through ecommerce platforms
  • How often do you need reports

The clearer your answers, the more accurate your quote will be.

What to look for in bookkeeping outsourcing companies

Price matters, but it should not be the only factor.

When evaluating bookkeeping outsourcing companies, consider:

  • Experience with UK compliance
  • Familiarity with your industry
  • Clear communication processes
  • Data security and access controls
  • Scalability as your business grows

Choosing the cheapest option without considering these factors often leads to higher costs later.

Offshore bookkeeping and data security

Many UK businesses now work with offshore teams. The key is ensuring proper controls are in place.

A professional offshore bookkeeper should work with clear processes, restricted access, and documented workflows. When done correctly, offshore bookkeeping can be both cost effective and secure.

Frequently asked questions

How much does it cost to outsource bookkeeping for a small UK business?

At our company, Teambuild Consultancy, our pricing is structured slightly differently because we provide dedicated bookkeeping support rather than pooled services. Businesses that need consistent help often choose:

  • Part-time bookkeeping support at around £500 per month for 4 hours per day, 5 days a week
  • Full-time bookkeeping support at around £900 per month for 8 hours per day, 5 days a week

This model works particularly well for small businesses that want ongoing, hands-on support without the cost and commitment of hiring in-house, while still maintaining clear and predictable monthly pricing.

Is outsourcing bookkeeping cheaper than hiring in house?

In most cases, yes. Outsourcing removes employment overheads and provides flexibility.

Can offshore bookkeeping work for UK businesses?

Yes, many UK companies successfully use offshore bookkeepers with proper oversight and systems.

Do I still need an accountant if I outsource bookkeeping?

Yes. Bookkeeping and accounting serve different purposes. Bookkeeping supports accurate records, while accountants provide compliance and advisory services.

Final thoughts

Understanding outsource bookkeeping services cost is not just about finding the lowest price. It is about finding the right structure, scope, and long term value.

For UK businesses, outsourcing bookkeeping can provide clarity, efficiency, and cost control when done correctly. Whether you choose a traditional firm, a monthly package, or a dedicated offshore resource, the key is aligning the service with how your business actually operates.

At our company, Teambuild Consultancy, we work with businesses that want transparency, flexibility, and consistent support. Our pricing reflects that philosophy, offering straightforward options that scale with your needs.

If you are exploring outsourcing, start by understanding your requirements, then choose a model that supports your growth rather than limiting it.

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    Jack

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    Jack

    I’m Jack, a Content Strategist at Teambuild Consultancy. For the past three years, I’ve been exploring how virtual assistants can transform the way businesses operate. My work focuses on creating awareness among business owners about the benefits of hiring dedicated VAs, from cutting costs to boosting efficiency. I’m passionate about helping companies see how the right virtual support can free up their time and let them focus on what really matters.

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