Cleared.

DIY QuickBooks vs Cleared

When DIY bookkeeping makes sense — and when it actually costs you more.

Most service-business owners price DIY bookkeeping at zero because the software is cheap and the hours feel free. Once you put a real number on your time, the math often flips. Here's the honest breakdown.

Short answer

DIY in QuickBooks is a reasonable choice under ~$80K net profit with simple books and an opportunity cost under $75/hour. Above that, professional bookkeeping at $449/month usually saves money once you value your time honestly — and adds tax planning and IRS representation DIY can't.

Calculate your true DIY cost

Your hours × your hourly rate. The honest number.

Hours/month on bookkeeping

8 hrs
240

Your hourly rate (or billable equivalent)

$200/hr
$50$500

What an hour of your time is worth — your billable rate, or what you'd earn doing client work instead.

Result

Hours/year on bookkeeping96 hrs
Your time, valued$19,200
True cost of DIY/yr$19,200
Cleared bookkeeping/yr$5,388

Annual savings with Cleared

$13,812

Plus 96 hours per year reclaimed for client work or your life.

DIY in QuickBooks

What you get

  • Lower software cost (~$30–$200/mo) than a professional service
  • Full visibility into every transaction as it happens
  • Defensible choice under ~$80K net profit with simple books
  • No onboarding handoff — you already know your business

What it costs you

  • 4–12 hours/month of your time, every month
  • No tax preparation, IRS representation, or planning advice
  • S-corp election timing, quarterly estimates, retirement deadlines often missed
  • Cleanup costs at tax time when books are inconsistent
  • Software change, plan upgrade, or error and you absorb the disruption

Cleared at $449/month

What you get

  • Monthly reconciliation, P&L, and balance sheet — delivered on time
  • Year-end tax-ready financial package
  • Advisor access via email (48-hour response)
  • Productized add-ons: Tax Prep $2,000/yr, Tax Planning $5,000
  • EA + CFP® credentials — tax authority and financial planning in one place
  • Month-to-month, no annual lock-in

Decision logic

Which one fits your situation?

DIY makes sense when…

  • Net business profit under ~$80K
  • Hourly opportunity cost under ~$75/hour
  • Simple revenue model (one income source, no payroll, no S-corp)
  • You enjoy the work and have ~5 hours/month consistently
  • You file a Schedule C and have no plans to elect S-corp soon

Cleared makes sense when…

  • Net business profit over $100K
  • Hourly billable rate over $150
  • Multiple revenue streams, payroll, or insurance reimbursement
  • S-corp election active or being considered
  • You'd rather spend the hours on client work, family, or rest

What DIY can't do

The cost isn't just hours.

The hours-times-rate calculation is only half the picture. The other half is what a software-only approach structurallycan't deliver: tax authority, planning, and timing advice that depend on a credentialed advisor watching your books in real time.

A 1099 consultant netting $180K pays roughly $11,000/year in self-employment tax without an S-corp election. QuickBooks won't flag the moment the math tips in their favor — only a professional reading the books will. A $200K project payment lands in November; an integrated team adjusts Q4 estimates, accelerates a Solo 401(k) contribution, and times a Section 179 purchase. DIY learns about the tax bill in April.

That's the gap Cleared is built to close — for a price most service-business owners discover is materially below their own opportunity cost.

Ready to stop bookkeeping yourself?

Apply for a spot and we'll reach out within one business day.

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