Bookkeeping and payroll services for Mid-Missouri's small businesses.

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How much should I pay someone to do payroll?

Payroll processing typically costs between $40 and $200 per month for small businesses, depending on which option you choose and how many employees you have. The range is wide because there are fundamentally different ways to handle payroll, and each comes with tradeoffs between cost, convenience, and risk.

DIY payroll software like Gusto, QuickBooks Payroll, or OnPay usually charges a base fee of $40 to $80 per month plus $4 to $10 per employee. A five-person business might pay $70 to $130 monthly. You handle the setup, enter hours, and run payroll yourself. The software calculates taxes and files them for you. This works if you have time to manage it and someone who understands the basics.

Full-service payroll companies like ADP or Paychex often charge more, sometimes $100 to $200 monthly for small businesses, but they handle everything and provide dedicated support. The pricing models vary and contracts can be complex, so get clear quotes before committing.

Having a bookkeeper handle payroll processing typically falls somewhere in between. Many charge $50 to $150 per pay run, though some include payroll in a monthly bookkeeping package. The advantage is that payroll integrates with your books automatically, and you have someone who knows your business reviewing each run.

The factors that drive cost higher include more employees, weekly pay instead of biweekly, multiple pay rates or locations, benefits deductions, garnishments, and contractor payments. Year-end work like W-2s and 1099s may cost extra or be included depending on your provider.

The real question isn’t just what payroll costs but what getting it wrong costs. Late payroll tax deposits trigger penalties. Incorrect withholding creates problems at tax time. Mistakes with overtime or classification can lead to back wages and fines. Missouri has specific withholding requirements, and the state doesn’t give grace periods for missed deposits.

For most small businesses in Mid-Missouri, working with a local bookkeeper for payroll makes sense when you’re already partnering on monthly books. It keeps everything in one place and ensures your labor costs show up accurately in your financial reports.

If you’re paying someone just for payroll and nothing else, expect to spend $50 to $150 per pay period depending on complexity. If payroll is part of a broader bookkeeping relationship, ask how it’s priced within the package. It often makes the per-payroll cost more reasonable than handling it separately.

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More Questions

At what age do seniors stop paying property taxes in Missouri?

Missouri doesn't have an age where seniors completely stop paying property taxes. However, the Property Tax Credit program provides relief for seniors 65 and older who meet income requirements.

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How much does a bookkeeper usually charge?

Bookkeepers typically charge $25 to $75 hourly or $200 to $1,500 monthly depending on transaction volume, complexity, and services included. Cleanup work is usually priced separately from ongoing monthly bookkeeping.

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Do 82% of small businesses fail due to cash flow problems?

That statistic isn't verifiable and likely isn't accurate. Cash flow problems are real challenges for small businesses, but the 82% figure has no credible research behind it. The real issue is understanding what causes cash flow problems and catching them early.

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What are the cash flow issues in small businesses?

Cash flow problems usually come down to timing. Money goes out faster than it comes in, creating stress even when the business is profitable on paper. The underlying issue is often lack of visibility into when cash actually moves.

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Do property management companies need a trust account?

Yes. Missouri requires property managers to hold tenant deposits and owner funds in a separate trust or escrow account. Mixing these with your operating funds creates legal exposure and bookkeeping problems.

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Do I have to collect sales tax if I sell online in Missouri?

If your business is located in Missouri and you sell taxable products to Missouri customers, yes. Your physical presence in the state creates the obligation whether sales happen in a store or through your website.

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Full-charge bookkeeping for Mid-Missouri's small businesses. We serve owners from the Lake to Jeff City and Columbia who need their numbers to be as reliable as their work. Local, certified, efficient, and precise.

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