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Our law firm engaged Parkway Business Solutions to provide bookkeeping and accounting services and we have found their services to be exceptional. Mike Snelson is always available to answer questions and provide excellent guidance. Parkway handled the transition from our traditional desktop QuickBooks program to the QuickBooks Cloud and it was seamless. As a result, we have saved substantial time handling month end invoicing and we have absolute confidence that the information generated in our reports and statements is 100% accurate. I would highly recommend Parkway Business Solutions to anyone needing bookkeeping and accounting related services.
"Ever since I hired Parkway for my bookkeeping services, my CPA has been happier,and my cash flow has become much easier to manage."
“Parkway amazingly took charge and reorganized my entire business… clearing up many years of errors. I no longer worry about my daily, weekly, and monthly reports because the Parkway Team does them for me.” 
Professor Nick Browne UCLA
Michael Snelson is A+ ! Detailed, attentive, courteous, meticulous, efficient, affordable. The man has a passion for his work. Michael managed to make a complex accounting not only tolerable, but in a strange way, on the strength of his comprehensive grasp of the issues and his clear and elegant solutions, almost pleasurable. That is saying a lot! Of course I would be pleased to retain him again, for issues big or small. The man and his work are extraordinary!
Nestor Diaz River Delta Brands
"Awesome dudes!" "The interesting things about this business is that it isn't just an accounting service, they try to cater to your financial needs..." "...They put an emphasis on doing things not the old fashioned way but trying to use updated tools like software to keep things online."

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Bookkeeper vs Parkway Services

a cost analysis

You are here:-, Payroll Services-Bookkeeper vs Parkway Services

Bookkeeper vs Parkway Services

Recent studies have shown the cost to hire and train a new employee is equivalent to six to nine months of salary, and that does not take into consideration any error made during that same time.  Few positions can drastically affect a company’s financial safety more than hiring an inexperienced bookkeeper as an employee.  We have all heard the horror stories about the errors found months too late, or even worse, discovering money missing.  That is where Parkway Business Solutions can be your best asset.  As a fully bonded and insured accounting solution provider, our team specializes in bookkeeping and payroll services for medium to small business owners.  , our team offers weekly or monthly accounting updates to ensure you always know what is happening with your business. Parkway’s service plans not only work for small companies without a bookkeeper, they offer businesses with staff peace of mind with additional oversight and higher level financial intelligence and consultation

Cost of a Bookkeeper on Payroll:

Considering the current job market, bookkeepers in Ventura County earn between $20 and $25 per hour. When calculated as an annual salary, the bookkeepers pretax wages could cost your company $52,000 and you still have to train the person how to do your accounting! If you consider the training expense to be equal to six months salary, your first year out of pocket expense is more than $70,000!

Accounting Solutions Provided by Parkway:

Recognizing there was a communication gap between business owners and their tax p, Parkway Business Solutions was created to assist small businesses succeed. By utilizing over 25 years of experience, our unparalleled service was created from a extensive workflow process unique to Parkway. Leveraging technology we improved outdated bookkeeping methods and generated valuable business intelligence that is reported in an easy to understand format. Finally, by tailoring the level of communication to our clients desires, we are able to offer accounting solutions for any budget. With plans starting as low as $89.95 per month, your total cost for the year would be less then one week pay for your bookkeeper. Check out our service plans and see what level is best for you!


About the Author:

Matthew Fulton is a Managing Partner with Parkway Business Solutions with a Bachelor's in Business Economics w/ emphasis on Accounting. Drawing on his background rooted in small business management, Matthew offers his clients accounting from the business owner's perspective.