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.
Hourly Wages. The average hourly wage for bookkeepers is $16.71, according to 2009 data from the Bureau of Labor Statistics. This wage translates to an annual salary of $34,750 for those working full-time.nother key task for the bookkeeper is to provide financial reports for business managers or owners. The average hourly wage for bookkeepers is $16.71, according to 2009 data from the Bureau of Labor Statistics. This wage translates to an annual salary of $34,750 for those working full-time.