# Flat Rate Bookkeeping Services in Canada: Fixed Monthly Pricing Explained
What Is Flat Rate Bookkeeping?
A flat rate bookkeeping service charges a fixed monthly fee — the same amount every month regardless of how many transactions you have (within your tier). No surprise invoices. No hourly billing. Predictable costs.
Flat Rate vs. Hourly Bookkeeping: What's the Difference?
| Hourly Bookkeeping | Flat Rate Bookkeeping | |
|---|---|---|
| Monthly cost | Unpredictable ($300–$2,000+) | Fixed ($400–$700/mo) |
| Billing transparency | Bill after the fact | Known upfront |
| Busy month cost | Spikes unpredictably | Same rate |
| Incentive alignment | Billable hours (more = more) | Efficiency (done right, fast) |
| Budget planning | Difficult | Easy |
| Best for | One-off projects | Ongoing monthly bookkeeping |
Flat Rate Bookkeeping Pricing in Canada (2026)
| Business Size | Monthly Transactions | Flat Rate |
|---|---|---|
| Startup / Freelancer | Under 50 | $300–$450/mo |
| Small Business | 50–150 | $450–$600/mo |
| Growing Business | 150–300 | $600–$800/mo |
| Established Business | 300+ | $800–$1,200/mo |
Our rate: $500/month covers most Canadian small businesses (50–200 transactions/month). All-inclusive: HST/GST filing, payroll, bank reconciliation, monthly reports.
What's Included in a Flat Rate Bookkeeping Package?
- ●All transactions recorded and categorized
- ●Monthly bank and credit card reconciliation
- ●HST/GST filing (all provinces)
- ●Payroll processing and remittances
- ●Accounts receivable and payable tracking
- ●Monthly Profit & Loss Statement
- ●Monthly Balance Sheet
- ●Cash Flow Statement
- ●CPA-ready year-end package
- ●Dedicated bookkeeper (not a rotating team)
Note: some providers charge extra for payroll and HST — we include both.
Monthly Bookkeeping Fee Canada: What You Should Expect to Pay
- ●Budget bookkeeping (offshore, low quality): $200–$350/month
- ●Canadian flat-rate service: $400–$700/month — best value
- ●Local hourly bookkeeper: $800–$2,500/month
- ●Part-time employee: $1,800–$3,500/month
- ●Full-time employee: $4,000–$5,500/month + benefits
Is a Bookkeeping Subscription Worth It?
Yes — for any business with more than 20 transactions/month, a monthly bookkeeping subscription pays for itself through: time savings (10+ hrs/month), avoided penalties (HST late fees $250+), reduced CPA year-end fees, and better financial visibility for decisions.
See our pricing page for full details, or learn more about our outsourced bookkeeping services.
Frequently Asked Questions
Need professional bookkeeping?
Outsource Bookkeeping delivers CPA-ready financial reports by the 10th of every month — flat rate, no surprises. See our pricing →