• Annual mean wage for a qualified bookkeeper in New Mexico is: $36,000 per year, or $18.00 per hour. (NM  Department of Workforce Solutions' data).
• Approximate payroll taxes: 10%.
• Over head cost per hour: $5.00.
• Typical efficiency, productive hours VS hours paid: 60% - if you're lucky.

The real cost of a qualified bookkeeper on your payroll is over $40.00 per productive hour, plus management time, turnover disruption and recruitment costs.   And, an accountant will cost additional 50%!

Engage Desert Accounting LLC:  Our invoices don't include Facebook time, visiting time, coffee time, vacation time, or recruitment time,  They include productive time only.

• Hourly rate plus payroll tax = 19.8/Hr
  
• Including overhead = 24.8/Hr
• Adjusted for efficiency = 41.33/Hr

A Bookkeeper on Your Payroll?

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The cost of in-house help -