Compare your bookkeeping

Yes, at least if some time has passed since you signed the contract. Your revenue, number of receipts or business form may not be the same as when you started, and the service or its price may no longer match your needs. The total price can also grow without you noticing if financial statements, receipt fees or extra work are billed separately. Comparing doesn’t oblige you to switch. If your current solution is still good, you can carry on as before, but with confidence.

The price of bookkeeping depends on your business form, the number of receipts and transactions, and what’s included in the monthly price. Bookkeeping for a limited company is usually more complex than for a sole trader, so it often costs more too. The monthly fee alone doesn’t always tell the whole story, so compare the total price for the year. With UKKO Entrepreneur, you pay a fixed monthly price (for private traders from 39.90 €/month) with no per-receipt or per-transaction fees. For example, there’s no separate charge for a limited company’s financial statements either. With the calculator, you can see in a couple of minutes what your current bookkeeping costs in total and how it compares with UKKO Entrepreneur.

The most common costs billed separately are:

1. financial statements
2. VAT and tax returns
3. receipt and transaction fees
4. sending invoices
5. bookkeeping software and bank connection
6. payroll.

Advice and other extra work are also often billed by the hour. Even small items add up to a surprisingly large sum over a year, so check your latest invoice to see what you’re actually paying for. With UKKO Entrepreneur, all core financial administration services are included in the fixed monthly price.

The price of financial statements varies by accounting firm, business form and company size. Many accounting firms bill for financial statements once a year on top of the monthly price, and on their own they can cost as much as a thousand euros. So if the monthly fee looks cheap, check whether financial statements are included. With UKKO Entrepreneur, a limited company’s financial statements are included in the fixed monthly price. For private traders, the service includes the income statement as well as VAT and tax returns. So there’s no surprise bill at the end of the financial year.

It depends on your business. Hourly billing can be reasonable if there’s little bookkeeping and the workload stays steady. The downside is unpredictability: a busy month, a messy pile of receipts or the financial statements show up directly on your bill. With a fixed price, you know in advance what bookkeeping will cost for the whole year, and you can add receipts without the meter running. So compare the total price for the year, not just the hourly rate or the basic fee.

The comparison is a free online meeting of about 30 minutes. The expert goes through what you currently pay for your financial administration and what the price includes. You don’t need to prepare any calculations, as the full picture can be worked out from your latest accounting firm invoice, for example. At the end, you’ll get a straight answer on whether it’s worth switching accounting firms, plus a no-obligation offer for the switch. If your current solution works out better for you, we’ll tell you that too.

We do. When you decide to switch, we cancel your current accounting firm’s contract and move your bookkeeping to UKKO Entrepreneur free of charge.

Bookkeeping always starts on the first day of a month so there are no gaps in your records. A calendar month’s bookkeeping can’t be split between two bookkeeping services. If your old bookkeeping service has a notice period, the start of our service may need to be postponed.