The honest answer is that it depends, but that’s not very helpful on its own. For a relatively simple business with one bank account and one credit card, expect to pay somewhere between $200 and $500 per month of cleanup. A business with higher transaction volume, multiple accounts, inventory, or payroll issues will run $500 to $1,000 or more per month of cleanup. The further behind you are and the messier things got, the more it costs.

A few factors drive the price more than anything else. Transaction volume is the biggest one. A consultant with 30 transactions a month is a completely different project than a restaurant with 300. The number of bank and credit card accounts matters too. Each account needs to be reconciled individually, and more accounts mean more time sorting through statements and matching transactions.

How far behind you are affects the total cost but not always the per-month rate. Six months of cleanup at $300 per month is $1,800. Two years at the same rate is $7,200. Some providers offer a flat project fee for the entire cleanup, which can be easier to budget for. Others charge monthly. Either way, more months behind means a bigger total bill.

The state of your existing records has a huge impact. If you have bank statements, receipts, and some version of a QuickBooks file that just needs fixing, the work is manageable. If there are no records at all and everything needs to be reconstructed from bank feeds and memory, it takes significantly longer. Missing records, comingled personal and business expenses, and cash transactions without documentation all add complexity and cost.

Most catch-up bookkeeping providers will want to see your situation before quoting a price. That’s actually a good sign. Anyone who quotes a flat rate without understanding what they’re walking into is either padding the price to cover the worst case or underestimating the work and will cut corners later.

One thing worth considering is that putting off cleanup usually makes it more expensive, not less. Every month you wait adds another month of transactions to sort through. If you need clean books for a tax filing, a loan application, or just to understand where your business stands financially, the cost of waiting often exceeds the cost of getting it done now.

If you’re behind on your books and looking for a bookkeeper in Franklin, the best first step is a conversation about where things stand. A good bookkeeper will walk through the scope with you, explain what needs to happen, and give you a clear price before any work begins. No surprises.