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.
In 2011, bookkeepers averaged $36,120 a year, according to the Bureau of Labor Statistics. Being a national average, high salaries of senior bookkeepers can skew this number. As far as statistics go, a better reflection of earning potential for this occupation is median wage.About half of all bookkeepers earn $34,740 a year or more.ith a certified bookkeeper designation, however, salaries increase by 5 percent to 10 percent. As of 2012, a certified bookkeeper can expect to earn $34,913 to $48,125 a year.