The cost of hiring accounting services is a major concern for many businesses seeking to optimize their budget while ensuring accurate and compliant accounting and tax procedures. Current accounting service fees depend on several factors, including business size, the number of documents, industry, and the scope of work required. This article will provide businesses with an updated cost breakdown for accounting services in 2026, factors influencing pricing, and tips on choosing a reputable accounting firm that suits their specific needs.
What are the costs of hiring accounting services?
Accounting service fees are the fees a business pays to an external accounting service provider to perform tasks related to accounting, taxation, and financial reporting.
Instead of hiring permanent accounting staff, businesses can hire a team of professional accountants to handle tasks such as:
- Checking and classifying accounting documents.
- Record the transactions that occur.
- Maintain accounting records.
- File periodic tax returns.
- Prepare financial statements.
- Provide support for tax explanations and settlements when necessary.
This approach helps businesses reduce staffing pressure, minimize the risk of errors in fulfilling tax obligations, and proactively control their budgets.
Compared to maintaining an in-house accountant, full accounting service This is often more suitable for small and medium-sized businesses because they don't need to pay for things like fixed salaries, insurance, recruitment costs, or employee training.
Updated cost of accounting services in 2026
The cost of hiring accounting services currently does not have a fixed price for all businesses. Costs will vary based on the scale of operations, the number of documents, the industry, and the scope of work required. Below is a table of estimated costs:
| Business type | Job characteristics | Estimated cost of hiring accounting services (VND/month) |
| Newly established businesses | There are few transactions, and the number of documents and invoices is not large. | It ranges from 500,000 to 1,000,000. |
| Small trading businesses | There are regularly generated input and output invoices. | From 2,000,000 to 3,500,000 |
| Medium and large-scale trade and service businesses | Numerous transactions and large accounts receivable/payable need to be monitored. | From 4,000,000 to 6,000,000 |
| Manufacturing businesses | Inventory management, materials management, cost calculation. | From 7,000,000 to 9,000,000 |
| Businesses with multiple branches | Complex operations, large number of invoices and documents. | On-site survey and detailed quotation. |
| FDI enterprises | Complex business operations, IFRS reporting standards, and related-party transactions. | On-site survey and detailed quotation. |
Important Note: The prices quoted above are for reference only at the time of writing. Actual costs may be adjusted based on the complexity of each specific application and any unforeseen fees from the authorities.
Factors affecting the cost of hiring accounting services
The cost of hiring accounting services varies depending on many practical factors in the operational process. To provide a suitable quote, MAN – Master Accountant Network typically assesses the cost based on the size of the business, the workload, the number of documents, and the complexity of the accounting transactions. Below are some important factors that directly affect the cost of hiring accounting services that businesses need to consider.
Business size and type
The size of the business is one of the factors that directly affects the cost of accounting services.
For small businesses with fewer transactions and simpler accounting tasks, the fees are usually lower.
Conversely, large manufacturing or trading businesses, or businesses with many branches, and FDI businesses will generate many transactions such as:
- Warehouse management.
- Track accounts receivable.
- Calculate the cost of the product.
- Control operating costs.
- Accounting for interest expense incurred by businesses. related party transactions.
- Calculate EBITDA.
These tasks require significant processing time and complex accounting procedures, hence the higher cost of accounting services.
Number of documents generated monthly
The number of documents is a key criterion for MAN to determine the workload. Common document types processed include:
- Purchase invoices.
- Sales invoice.
- Receipt vouchers, payment vouchers.
- Bank statement.
- Payroll documents.
- Documents relating to assets, tools, and equipment.
Businesses with fewer documents will have lower accounting service costs compared to businesses with hundreds of transactions each month.
Scope of work in the service package
Each accounting service provider may offer various packages. Generally, the basic package usually includes the following essential services:
- Entering documents.
- Accounting for transactions.
- File your taxes periodically.
Additional intensive packages are available:
- Prepare financial statements.
- Tax optimization consulting.
- Review the accounting records.
- Assistance with tax settlement.
- Support in explaining matters to inspectors.
Therefore, before signing a contract, businesses should clearly define the scope of work to choose the appropriate service package.
Current accounting record status
Not all businesses have a complete accounting system. Some cases require additional processing, such as missing documents, discrepancies in figures, incomplete reports, or backlogs of records from multiple periods.
In that case, the accounting service provider needs to spend more time checking and processing, so the fee may change.
What services are included in the cost of hiring an accountant?
A professional accounting service package typically includes several items to ensure that all of a company's accounting operations are under control. Below is a summary of the work items:
| Category | Implementation content |
| Check the documents. | Verify the validity and legality of invoices and supporting documents. |
| Accounting | Record all transactions in the accounting system. |
| Tax declaration | Prepare and file tax returns by the due date. |
| Tracking debt | Control accounts receivable and accounts payable. |
| Bookkeeping | Update accounting data regularly. |
| Financial reports | Compile and prepare the year-end report. |
| Tax accounting consulting | Providing support in resolving arising issues and updating tax policies throughout the year. |
Understanding the services included in a package helps businesses accurately assess the value received relative to the cost incurred.
Tips for choosing a reputable accounting service provider.
The right choice accounting outsourcing company This directly impacts the quality of accounting records, the ability to comply with tax regulations, and the effectiveness of financial control within the business. Besides considering the cost of hiring accounting services, businesses need to further evaluate the professional competence, work processes, and transparency of the service provider to ensure they choose the right partner.
A reputable accounting firm like MAN – Master Accountant Network not only handles data entry and report preparation but also plays a supporting role in helping businesses control risks and handle accounting and tax-related issues that arise during operations.
Assess experience and expertise
Experience and expertise are crucial factors businesses need to consider before choosing an accounting service provider. A firm with extensive experience will be able to handle unforeseen situations flexibly, while also ensuring that accounting records are prepared in accordance with regulations.
Businesses should prioritize partners who have:
- A team of professional accountants: Accounting personnel need to have a solid understanding of accounting regulations, current tax regulations, and the ability to handle real-world accounting tasks.
- Experience working with various types of businesses: Each industry has its own specific accounting characteristics. A firm with experience in diverse sectors such as trade, services, manufacturing, and construction will find it easier to develop appropriate solutions.
- Understanding accounting and tax regulations: Tax regulations are frequently updated. Professional accounting firms need to proactively monitor legal changes to ensure businesses fulfill their reporting obligations and minimize the risk of penalties.
Choosing a reputable and professional firm not only helps businesses complete their regular accounting tasks but also ensures that financial data is accurately and transparently controlled.
Transparency regarding service costs
Besides professional expertise, transparency in pricing is also a crucial criterion that businesses should consider when choosing MAN – Master Accountant Network. A professional firm will help businesses clearly understand what work is included in their expenses, the scope of support, and whether there are any additional costs.
Businesses should choose the following service provider:
- There should be a clear service price list: Fees should be clearly stated for each service package, appropriate to the scale and actual needs of the business.
- Clearly state the scope of work to be performed: Service contracts should fully detail items such as document verification, accounting, tax filing, financial statement preparation, accounting consulting, etc., to avoid misunderstandings during the collaboration process.
- Minimize unexpected and unclear additional fees: A reputable agency will discuss any additional needs beyond the initial scope with the business beforehand, allowing the business to proactively control its budget.
The transparency in MAN's working methods helps businesses effectively manage accounting service costs while building long-term partnerships with service providers.
MAN's professional and transparent workflow.
A well-structured workflow ensures that accounting information is processed accurately, minimizes errors, and guarantees timely reporting. Accordingly, the process of providing professional accounting services will include the following steps:
Step 1: Receive documents from the business.
The accounting unit receives the relevant documents such as:
- Input and output invoices.
- Receipt vouchers, payment vouchers.
- Bank statement.
- Employment records, payroll.
- Documents related to business operations.
Step 2: Review and evaluate accounting data
Upon receiving the documents, the accountant proceeds with the verification process:
- Validity of the document.
- Completeness of documentation.
- These issues can affect accounting or tax filing.
This step helps businesses detect errors early, before they even start reporting.
Step 3: Record the transactions that occur.
Based on the verified documents, the accountant will record the following transactions:
- Revenue.
- Expense.
- Accounts payable.
- Salary.
- Assets and related items.
Step 4: Prepare accounting reports and tax reports.
The service provider will prepare reports on a regular basis, such as:
- Periodic tax return.
- Financial report.
- Related reports as requested by the business.
Step 5: Consultation and handover of results
After completing the work, the accounting unit discusses the following with the business:
- The accounting records are in order.
- Points to note.
- Suggest a course of action should risks arise.
A clear workflow not only improves service quality but also gives businesses peace of mind when using the service. outsourced accounting services.
Frequently Asked Questions about the Cost of Hiring Accounting Services
Yes. For newly established businesses, hiring accounting services helps ensure that initial procedures are carried out correctly, such as setting up accounting systems, processing generated documents, and filing taxes on time, thereby minimizing errors during operation. This is a suitable solution for businesses that do not have professional accounting staff or want to optimize costs in the initial stages of operation.
Additional costs may arise if the business requests work outside the scope of the original contract. The business and the service provider need to agree on and finalize the scope of work.
Professional accounting service providers typically have information security procedures in place during the data collection and processing stages. Businesses should prioritize choosing providers that: have clear service contracts, commit to information confidentiality, and have rigorous accounting data management procedures. This helps ensure that information related to revenue, expenses, and business operations is protected.
Businesses should consider hiring accounting services when: They are newly established and do not yet have an accounting department; they have frequent accounting transactions; they want to reduce operating costs, need to review or improve their accounting records, or want to mitigate tax risks. Using accounting services at the right time helps businesses manage their finances more effectively and focus on their core business activities. Do newly established businesses need to hire accounting services?
Will there be any additional costs associated with hiring accounting services during the course of use?
Does hiring accounting services guarantee the confidentiality of business information?
When should you hire accounting services?
Conclude
Accurately determining the cost of hiring accounting services helps businesses proactively manage their budget, choose appropriate operational options, and mitigate accounting and tax-related risks.
Instead of focusing solely on the lowest price, businesses should evaluate the overall experience, workflow, professional quality, and long-term support capabilities of the service provider.
A professional accounting service not only helps businesses complete their bookkeeping but also provides a supportive solution for effective financial development and management.
For any questions, assistance, or detailed advice, please contact us. lContact MAN – Master Accountant Network:
Contact information MAN – Master Accountant Network
- Address: No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City
- Mobile/Zalo: 0903 963 163 – 0903 428 622
- E-mail: man@man.net.vn
- Google Business Profile: View MAN – Master Accountant Network's Google Business Profile
- LinkedIn Founder: View expert Le Hoang Tuyen's LinkedIn profile.
Responsible for production and professional content review by: Mr. Le Hoang Tuyen – Founder & CEO of MAN – Master Accountant NetworkHe is a CPA Vietnam auditor with over 30 years of in-depth experience in accounting, auditing, taxation, and corporate legal consulting.
