In-House Accountant Versus Outsourced Accountant Comparison

 

Staff   Accountant In-House   Accountant Outsourced Accountant Annual Savings Savings   Percentage
Annual Salary $41,800 $24,000 $17,800 43{b64f0efcf13435dcb61ab6da56c3eca2f920d262103637e5da2165bb4ec4dd22}
Payroll Taxes   (10{b64f0efcf13435dcb61ab6da56c3eca2f920d262103637e5da2165bb4ec4dd22}) $4,180 None $4,180 100{b64f0efcf13435dcb61ab6da56c3eca2f920d262103637e5da2165bb4ec4dd22}
Employee   Benefits (43{b64f0efcf13435dcb61ab6da56c3eca2f920d262103637e5da2165bb4ec4dd22}) $18,000 None $18,000 100{b64f0efcf13435dcb61ab6da56c3eca2f920d262103637e5da2165bb4ec4dd22}
THE BOTTOM   LINE $63,980 $24,000 $39,980 62{b64f0efcf13435dcb61ab6da56c3eca2f920d262103637e5da2165bb4ec4dd22}
Note: This chat is just for comparison only and fee may vary according to each client’s needs.For more detail-cost of hiring a full-time employee, read the report: Practical Advise for Entrepreneurs by Joe Hadzima-a Senior Lecturer at MIT Sloan School of Management by clicking on: http://web.mit.edu/e-club/hadzima/pdf/how-much-does-an-employee-cost.pdf

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