Terms & Conditions
1. Scope of Services
Detailed Services: The Bookkeeper agrees to provide bank reconciliations, accounts payable management, payroll processing, and quarterly financial statements (Profit & Loss and Balance Sheet).
Exclusions: Services do not include tax preparation, financial planning, auditing, or forensic accounting.
2. Fees and Payment Terms
Structure: Fees are charged as a fixed monthly retainer or hourly rate of $75.00.
Payment Terms: Invoices are sent on the 1st of each month and must be paid within 30 days.
Late Fees: Late payments are subject to a 5% fee per month on outstanding balances.
3. Client Obligations (Data Accuracy)
Timeliness: The Client is responsible for providing all necessary documents (bank statements, receipts) by the 5th of each month.
Accuracy: The Bookkeeper relies on the accuracy of client-provided information and is not responsible for auditing it.
4. Confidentiality and Security
Data Protection: The Bookkeeper will treat all client data as confidential and will not share information with third parties without written consent, except where required by law.
5. Termination Clause
Notice: Either party may terminate this agreement with 30 days' written notice.
Final Payment: Upon termination, all unpaid fees for services rendered are due immediately.
6. Limitation of Liability
Liability Cap: The Bookkeeper's total liability for any claims shall not exceed the fees paid by the client in the 12 months prior to the claim.
No Responsibility for Interest/Penalties: The Bookkeeper is not liable for any penalties, interest, or taxes assessed by tax authorities due to late client information.