Terms and Conditions
This document outlines the terms and objectives of our engagement, as well as the nature and limitations of the services we will provide.
Services Provided
We will provide the following bookkeeping services:
Monthly Bookkeeping
Monthly reconciliations for your bank account, balance sheet, and income statement.
Coding all bank transactions multiple times weekly.
Dedicated client portal for communication and receipt management.
Agreed upon hours of training for QuickBooks or Standard Operating Procedures setup.
Agreed upon monthly meeting to discuss financials and goals, contingent on full payment.
Agreed price.
Additional Services
→ 1099’s: Agreed Price per 1099.
→ Insurance Audits: Agreed Price per audit.
→ 50 more transactions per month: Agreed Price
→ Additional Bank Accounts: Agreed Price
→ Additional Loans: Agreed Price
Limitations of Service
Our engagement is limited to the bookkeeping services outlined above. We will not audit or review financial statements or other bookkeeping documents and information provided. We rely on the accuracy and completeness of the documents and information provided.
Client Responsibilities
As a client, you are responsible for:
→ Adopting sound bookkeeping policies and maintaining an adequate system.
→ Safeguarding assets and authorizing transactions.
→ Retaining supporting documentation and implementing internal controls.
→ Overseeing services performed and ensuring compliance with applicable laws.
→ Preventing and detecting fraud and informing us of any known or suspected fraud.
→ Providing unrestricted access to financial documents necessary for bookkeeping services.
→ Failure to provide required documents in a timely manner may impede our services, requiring suspension or withdrawal from the engagement. You accept responsibility for the effect of missing information on your bookkeeping records.
Payment Terms
Prior to commencing services, an initial payment of the agreed price is required. Ongoing fees will be charged as agreed, and you authorize automatic payments for fees due. Failure to pay invoices may result in service suspension or withdrawal. Collection action may include reimbursement of legal costs and collection fees.
Record Retention and Legal Obligations
We retain engagement documentation for seven years. Any original records accumulated will be returned upon completion of the engagement. Our engagement files, other than completed financial statements, remain our property.
If we are required to respond to legal inquiries related to this engagement, you agree to compensate us for time and costs associated with such responses. You also agree to indemnify us against obligations arising from inaccurate or incomplete information provided.
Legal Considerations
→ You acknowledge the right to legal representation regarding this agreement and accept responsibility for your own legal costs unless a breach of contract occurs, in which case we are entitled to reimbursement for legal costs.
→ Any litigation, except actions to enforce payment, must be filed within one year of the cause of action.
→ If any portion of this agreement is deemed unenforceable, the remaining provisions remain in effect.
→ This agreement is governed by the laws of the State of Wisconsin and disputes will be held in Brown County, WI.
→ This agreement constitutes the entire understanding between the parties and supersedes any prior oral or written agreements. Amendments must be in writing and signed by all parties.
Copyrights 2025 | Terms & Conditions
