Accounting and bookkeeping services contract template (US)

Bookkeeping and Accounting Services Engagement Letter

This Engagement Letter is made on Effective Date between Client Name, a Client Entity Type and State, at Client Address ("Client"), and Firm Name, at Firm Address ("Firm").

1. Services

Firm will provide the following services for Client's fiscal years or periods Periods Covered:

• Bookkeeping, such as Recording Transactions and Reconciling Bank and Credit Card Accounts, Monthly

• Monthly or Quarterly Financial Statements, Compiled from Client's Records

• Payroll Processing and Payroll Tax Filings

• Sales Tax Returns

• Form 1099 Preparation

• Federal and State Income Tax Returns, such as Form 1120-S, 1065 or Schedule C

2. What Is Not Included

Firm will not audit or review Client's financial statements and will not express any assurance on them, unless agreed in a separate engagement letter. Firm's services are not designed to discover fraud, errors or illegal acts, though Firm will tell Client of any it finds. Representation in an IRS or state tax audit is not included unless agreed separately.

3. Client Responsibilities

Client is responsible for the accuracy and completeness of the records and information it provides, for its internal controls, for keeping receipts and supporting documents, and for reviewing and approving all returns and filings before submission. Client will provide records by Records Deadline each Period.

4. Fees

Fees: Fee Structure, such as $___ per Month, or $___ per Hour. Tax returns: $Tax Return Fee. Invoices are due within Payment Days days. Firm may stop work if invoices are more than Suspension Days days past due, and is not responsible for missed deadlines as a result.

5. Tax Positions and Penalties

Firm will use its professional judgment in preparing returns and will discuss significant positions with Client. Taxing authorities may examine returns, and any additional tax, interest and penalties are Client's responsibility, except those caused by Firm's error.

6. Confidentiality and Records

Firm will keep Client's information confidential, as required by professional standards and Section 7216 of the Internal Revenue Code, and will not use or disclose tax return information for other purposes without Client's written consent. Client's original records will be returned at the end of the engagement. Firm's working papers belong to Firm and are kept for Retention Years years.

7. Data Security

Firm maintains a written information security plan as required by the FTC Safeguards Rule, and will exchange files only through Secure File Method.

8. Term and Termination

This engagement continues until ended by either party on Termination Notice Days days' written notice. Client will pay for services performed to the end date.

9. Limitation of Liability

Firm's total liability is limited to the fees paid for the services giving rise to the claim, except for Firm's gross negligence or willful misconduct, to the extent the law and professional rules allow.

General Terms

Governing law. This Engagement Letter is governed by the laws of the State of Governing State, without regard to its conflict of laws rules. Any lawsuit will be brought in the state or federal courts located in Venue County and State.

Entire agreement. This Engagement Letter is the parties' complete agreement on its subject and replaces all earlier discussions. It may be changed only in a writing signed by both parties.

Severability. If a court finds any part of this Engagement Letter unenforceable, that part will be enforced to the extent the law allows, and the rest stays in effect.

Assignment. Neither party may assign this Engagement Letter without the other's written consent, except to a successor to its whole business.

Notices. Notices must be in writing and sent to the addresses above by personal delivery, certified mail or a nationally recognized courier.

Counterparts and e-signatures. This Engagement Letter may be signed in counterparts and by electronic signature, which has the same effect as an original.

| Client | Firm |

| --- | --- |

| Signature: Client Signature | Signature: Firm Signature |

| Name: Client Printed Name | Name: Firm Printed Name |

| Date: Client Signing Date | Date: Firm Signing Date |