Advice

Freelancer bookkeeping: DIY or outsource?

When is it wise to hire a bookkeeper and when can you do it yourself? We weigh the pros and cons.

By Mitchell ZandwijkenJanuary 15, 20265 min read

Doing it yourself: the advantages

As a freelancer, you can choose to handle your own bookkeeping. With modern accounting software like e-Boekhouden or Exact Online, it's easier than ever. You have direct insight into your finances, save costs on a bookkeeper, and get to know your business financially. The costs for accounting software range from 10 to 30 euros per month. That's considerably cheaper than hiring a bookkeeper. Plus, you always have real-time insight into your revenue and expenses.

Doing it yourself: the disadvantages

Where many freelancers struggle is the time investment. On average, an entrepreneur who does their own bookkeeping spends 4-8 hours per month on administration. That's time you're not spending on your clients. Additionally, the chance of errors is greater. A wrong VAT code or forgetting a deductible expense can cost you hundreds of euros. And during a tax audit, you're on your own.

Outsourcing: when does it make sense?

We advise freelancers to outsource their bookkeeping when: - Your revenue exceeds 50,000 euros per year - You deal with VAT-liable activities - You hire staff - You simply don't have the time or desire for administration At Administratiekantoor Zandwijken, our rates for freelancers start at a fixed monthly price. No surprises, just complete peace of mind for your administration.

How much does a bookkeeper cost for a freelancer?

The costs for a bookkeeper for freelancers vary. At Administratiekantoor Zandwijken, we use fixed monthly rates so you know exactly what to expect. Everything is included in this rate: from bookkeeping and VAT returns to the annual income tax. Want to know what we can do for you? Contact us for a free custom quote.

freelancer bookkeepingzzp accountantbookkeeper Netherlandsoutsource bookkeeping

Need help with your bookkeeping?

Contact us for a free consultation.