Our Engagements Equal Great Outcomes
Our Value > Your Fee
Suggested Service Plans
Service / Scope | Clean-up / Compliance Plan 1 | Maintain Monthly Plan 2 | Insight / Strategic Plan 3 |
|---|---|---|---|
| Budgets, Forecasts, Operating Plans | Not included | Not included | Yes - Rolling plans updated Monthly |
| Custom Reports - Key Performance Indicators (KPI's) | Not included | Optional - Depending on request | Monthly - Included |
| Depreciation of Fixed Assets / Book Value of Assets | Initial adjustment - Annually thereafter | Monthly adjustments | Monthly adjustments |
| Document Digitization and Archival | USB drive, 5 years of data files upon disengagement - $150 fee | Same as Clean-up - USB drive, $50 fee and Cloud storage on Client's account | Same as Maintain - No fee for USB drive |
| Intercompany Loan Transactions | Initial adjustment for balance and interest - Annually thereafter | Semi-annually | Monthly |
| Inventory Valuation / Cost of Goods Sold | Initial adjustment - Annually thereafter | Semi-annually | Quarterly |
| Onsite / Virtual Meetings | Not included - Option | Semi-annual reviews | Quarterly reviews |
| QuickBooks Online Subscription and Third Party Apps | Paid directly by client/user | Billed to client/user by EAS | Billed to client/user by EAS |
| Reconcile Bank Accounts, Credit Cards, Loans | Included | Included | Included |
| Review of Accounts Receivables / Payables | Not included | Monthly summary reports | Monthly summary reports |
| Sales Tax Filings | Not included - Separate engagement | Not included - Separate engagement | Not included - Separate engagement |
| Setup / Modify Chart of Accounts | Included | Included | Included |
| Tax Planning | Depending on scope of clean-up work | Separate engagement - With discount, TBD | Separate engagement - With discount, TBD |
| Tax Preparation | Separate engagement | Separate engagement - With discount, TBD | Separate engagement - With discount, TBD |
Proposals
- Options (listed above) are suggested services only. The nature of each actual engagement will vary. There is some flexibility on offering items (a’ la carte) to develop a proposal package. The engagement agreement will control and detail the scope of work to be completed and specify all terms.
- We offer an initial consult that is (generally) free of charge. For Accounting & Bookkeeping proposals, we ask for access to your Accounting records (using QuickBooks Online) so we can review your data to confirm our understanding of the work required. Additionally, we use a questionnaire to ensure that we capture all relevant information.
- Tax-related and other engagements will require data and records as appropriate for the type of task or project being quoted.
- Our mutual understanding will be detailed in an engagement letter with signature(s) required to acknowledge agreement.
Fees
- Fees are based on the complexity of the engagement, and developed as part of the proposal, so fees are not listed above. Fees will be detailed in the engagement letter and will be agreed-to prior to the start of the engagement.
- We will quote a flat fee (value pricing) for tasks or projects with a defined completion – you’ll know the cost upfront. Ongoing consulting or advisory engagements without well-defined completion dates will be estimated with terms.
- We generally require 50% payment at the start of the engagement with the balance due upon delivery of the work-product or completion of the task(s), quoted. For monthly, recurring engagements, we normally require automatic (ACH) payments due on the 1st of each month.
- For more extensive, indeterminate or complex (project) work, a quote and work-plan will be submitted based on the scope of the engagement with an agreed-upon billing/payment schedule.
On-Boarding
- Our on-boarding process will vary based on the type and complexity of the engagement.
- Information that is required to complete the tasks detailed in the engagement letter will be required during this phase.
- Remote engagements and progress discussions will be conducted via, Zoom or Skype.
- Sensitive documents, files and records will be shared using our Secure Encyro Portal.
