The first step lies in establishing the difference between two key conceptsâReplacement Cost Value (RCV) and Actual Cash Value (ACV). Generally speaking, the replacement cost refers to the amount an entity would pay to replace an asset at the present value. The actual cash value, on the other hand, is the cost to replace an item, less depreciation.
Instead, they may contract for their services through an accounting firm. These bookkeepers average $38,500 to $57,250 a year without certification. A certified bookkeeper, on the other hand, can expect to earn $40,425 to $62,975 a year in 2013.
Salary Potential. According to the US Bureau of Labor Statistics, bookkeepers can expect 7-13% job growth, which is average for the US economy. The median salary for a bookkeeper in 2009 was $33,450.Income is highly influenced by experience and work environment with the highest paying industries offering an average salary of $59,000. Geography also impacts earning with more populated states like California and New York reporting average salaries of $39,000.alary Potential. According to the US Bureau of Labor Statistics, bookkeepers can expect 7-13% job growth, which is average for the US economy. The median salary for a bookkeeper in 2009 was $33,450.