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. The median salary was $34,030 per year for accounts-payable bookkeepers and other accounting clerks in May 2010. The 25th percentile earned $27,040 per year and the 75th percentile earned $42,180 per year.