This is a contract between an employer who requires a bookkeeper, and an independent contractor who performs various bookkeeping functions for the employer.
Contract For Bookkeeping Services
State:
Multi-State
Control #:
US-INDC-24
Format:
Word;
Rich Text
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FAQ
What is a Bookkeeping Contract? A Bookkeeping Contract enables a bookkeeper to outline the terms of an arrangement with a client. Signed by both the client and the bookkeeper, this essential document helps to set expectations and reduce the risk of conflicts.
Bookkeeping services is the process of keeping records of financial transactions and preparing financial statements, such as balance sheets and income statements. In day-to-day operations, a bookkeeper would make sure employees are filing invoices and expenses correctly and handling payroll.
A bookkeeping contract spells out the services that the bookkeeper (accountant or accounting firm) will perform and their payment plan. These services may include journal entries, full reporting, and monthly financials. It also describes the liabilities and responsibilities of each party.
An industry standard would be to charge about 1-3% of your client's gross income, and that is about what they should spend on a monthly bookkeeper (or all of their bill pay and invoicing or other office tasks).
The average hourly rate for freelance bookkeepers ranges from $29.21 to $43.40 per hour. Depending on your geographic location, this amount will be more or less than the average national rate of $37 per hour.
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A bookkeeping contract is a contract between an employer and employee that outlines the responsibilities of each party. This is a Service Agreement suitable for bookkeeping (accounting) services.Protect your interests with this independent contractor agreement when you're hiring an accounting or bookkeeping service. It's a process that takes a good deal of analyzing to complete. You might hear it referred to as a bookkeeping services contract, an accounting contract, a bookkeeping contract agreement, or just a bookkeeping agreement.