Engagement Letter –
Ongoing QuickBooks® Services
DB Tax Solutions
593 Lake Royale,
Louisburg, NC 27549
Client
Name & Address below:
_________________________
_________________________
_________________________
We
appreciate the opportunity of providing QuickBooks® accounting services to (Company name) _______________________. To
ensure a complete understanding between us, this letter will describe the scope
and limitations of the services we will provide for you.
What We’ll Do
On
a monthly basis, we will enter all accounting transactions for NC Tree
Specialist>> into its QuickBooks company file. This includes checks,
deposits, and other transactions affecting the checking account. It also
includes estimates, invoices, credit memos, and all customer transactions. It
includes vendor transactions: bills, item receipts, checks, credit card
charges, and purchase orders. We will perform the bank reconciliation for the
checking account. We will also enter adjusting journal entries as necessary,
including depreciation.
We
will set up new customers, employees, and vendors on an as needed basis. All of
the above transactions will be entered from original documents and ledgers you
provide.
What We Won’t Do
We
will make no attempt to adjust the records to reflect Generally Accepted
Accounting Principles nor to reflect proper tax record keeping. We will make no
audit or other verification of the data you submit. We may provide reports that
contain portions of financial information; these reports are for internal
management use only. We will not perform any compilation, review or audit of
any of the financial information. We do not at any time provide legal services
of any type. We have not been requested to discover errors, misrepresentations,
fraud, illegal acts, or theft. Therefore, have not included any procedures
designed or intended to discover such acts, and you agree we have no
responsibility to do so.
What We Need from You
To
perform our services, we will need to obtain information on a timely and periodic
basis from your company. These items include all the input such as check
registers, bank statements, customer account information, customer invoices,
sales ledgers and receipts, sales tax account information, vendor information,
purchase orders and vendor invoices, federal tax ID number, payroll
information, employee data, unemployment account information, and any other
information that we may require to complete the work of this engagement. These
items and any other items that we obtain from you will be based on information
provided by you and will be used without any further verification or
investigation on our part.
When We’ll Do It
This
engagement will begin on ________________ and will continue on an as needed
basis or until either party terminates the agreement. This engagement is made
on a time-and-materials, best-efforts basis.
Services Outside the Scope of this
Letter
You
may request that we perform additional services at a future date not
contemplated by this engagement letter. If this occurs, we will communicate
with you regarding the scope and estimated cost of these additional services.
Engagements for additional services will necessitate that we issue a separate
engagement letter to reflect the obligations of both parties.
Fees
Our
fee for these services will be at $30.00 per hour, plus any out-of-pocket
expenses, such as monthly QBO subscription for $35.00, also the cost of running
payroll. Invoices will be rendered monthly and are payable on presentation.
Approvals
We
are pleased to have you as a client and hope this will begin a long and
pleasant association. Please date and sign a copy of this letter and return it
to us to acknowledge your agreement with the terms of this engagement.
Sincerely
yours,
Donna
Brown
DB
Tax Solutions
Acknowledged:
__________________________ ______________________
Client
signature Date