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.
How much does a Bookkeeper make? The data from BLS shows that the average Bookkeeper salary was $34,030 as of May 2010. However, the range for Bookkeeper salary is quite vast: The lowest-paid 10 percent of Bookkeepers received $21,270 while the highest-paid 10 percent earned $51,470.