FAQs
- What should the customer know about your pricing (e.g., discounts, fees)?
Bookkeeping pricing can vary depending on several factors such as the complexity of your business transactions, the volume of transactions, the level of detail required, and the frequency of the service. Generally, bookkeeping services are charged either on an hourly basis, a flat fee basis, or a monthly retainer basis. Hourly rates are typically charged based on the number of hours spent on bookkeeping tasks. Flat fee pricing is usually charged for a specific set of services, such as monthly bookkeeping or tax preparation, regardless of the amount of time it takes to complete those services. Monthly retainer pricing is a recurring fee charged for ongoing bookkeeping services. It's important to note that while hourly rates may seem like the most transparent pricing structure, they can also be the most unpredictable. Flat fee and monthly retainer pricing can offer more predictability and consistency in pricing. However, it's important to discuss your specific needs with your bookkeeper, so they can provide a customized pricing estimate based on the specific services you require. As a customer, it's important to understand what services are included in the pricing and any additional fees that may be charged for additional services. You should also ask your bookkeeper how often they will communicate with you and provide updates on your financial situation. Ultimately, you should choose a bookkeeping pricing structure that meets your business needs and budget while also providing the level of detail and support you require to effectively manage your finances.
- What is your typical process for working with a new customer?
Certainly! When working with new bookkeeping clients, my process typically involves the following steps: 1. Initial Consultation: We will start with a free initial consultation to discuss your business and your bookkeeping needs. This will help me understand your unique situation and determine the best way to support you. 2. Assessment of Bookkeeping Needs: Based on the information gathered during the initial consultation, I will assess your bookkeeping needs and determine which services are required. This may include setting up a chart of accounts, reconciling bank statements, managing accounts payable and receivable, and generating financial reports. 3. Proposal and Agreement: Once I have determined your bookkeeping needs, I will provide you with a detailed proposal outlining the services I will provide, the timeline for completion, and the cost. If you agree to move forward, we will sign a service agreement outlining the terms of the engagement. 4. Onboarding Process: The next step is to onboard you onto my bookkeeping system. This may involve setting up access to accounting software, gathering financial documents, and establishing a schedule for ongoing communication. 5. Ongoing Bookkeeping Services: Once the onboarding process is complete, I will provide ongoing bookkeeping services to you. This may include recording transactions, reconciling accounts, generating financial reports, and preparing tax filings. 6. Regular Check-Ins: To ensure that your bookkeeping needs are being met and to address any questions or concerns you may have, we will maintain regular communication. This may involve monthly or quarterly check-ins, depending on your needs. Throughout the entire process, I am committed to providing personalized and professional service to help you achieve your financial goals. My goal is to help you stay organized, save time, and make informed financial decisions.
- What education and/or training do you have that relates to your work?
I have a Masters of Science in Accounting and have worked for small companies to international companies such as Weight Watchers, LLC. - I have extensive experience in multiple industries which allows me to create an accounting plan based on your industry type.