This essential document outlines the scope of work, payment terms, and responsibilities, protecting both your firm and your clients. A free accounting services contract template offers a cost-effective solution for establishing clear expectations from the outset. It is designed to provide a solid starting point, covering all the essential elements of a bookkeeping services agreement.
What’s crucial is that all entities involved in the contract understand what will happen if they break any of its terms. We have a free plan that allows users to send, track and sign as many PDF contracts as possible. So if you’re happy with just signing PDF contracts, the answer is yes, it’s free. All intellectual property rights arising from the Accounting Firm’s work shall remain the property of the Accounting Firm. The Client shall have a limited, non-exclusive license to use any deliverables provided by the Accounting Firm for the purposes set out in this Agreement. In consideration of the Services, the Client agrees to pay the Service Provider a fee of $____(“Service Fee”), payable on the Payment Date of each month.
- Either party may terminate this Agreement immediately upon a materialbreach by the other party, provided thebreaching party has been given CurePeriod days to cure the breach.
- In the event that performance of servicesis prevented or delayed by circumstancesbeyond control, either party mayterminate the Agreement without liability.
- After all, a contract that misses key elements could create the potential for disputes to arise further down the road.
- Given that an accounting services agreement is intended to be a comprehensive document, its structure is as important as the specific information it contains.
- Zomentum’s standardization of our proposals ensures consistent messaging for all clients, resulting in improved quote-to-closure rates.
The idea behind your accounting services agreement is to get your new partnership off on the right foot with your client. Additionally, review the template whenever there are significant changes in the services you offer, fee structures, or liability considerations. Staying current protects both you and your clients by addressing evolving industry standards and potential legal risks.
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Our accounting services agreement template is designed to make a lasting impression on clients while saving precious hours for accounting firms. This accounting contract template includes all the necessary details to highlight your firm’s services. It allows you to effectively exhibit your professional skills and win new business. It specifies the scope of services, payment terms, and other crucial details, making it easier to formalize your financial agreements.
A typical accounting services agreement has a specified duration or term for the services you’ll render. Highlight this deadline, assuming free accounting services contract template one exists, as well as the pricing for each of the services rendered. You can also use this section to discuss payment terms – how you’ll be paid and when – to leave no doubt in your client’s mind. Let’s start with the essential elements that define the relationship between your firm and its clients. Practically every accounting services agreement should contain the following details.
It also defines the scope of services, payment terms, confidentiality clauses, and other significant aspects of the professional relationship. This accounting services contract outlines the agreement between an accounting firm and a client. The accounting firm will provide monthly accounting services to the client, including preparing financial statements and reports. The contract details payment terms, confidentiality requirements, ownership of work, limitations of liability, termination policies, and dispute resolution procedures. Our accounting contract template is crafted to simplify your operations, helping you save both time and money.
Can I add additional clauses to the template?
We’ve strongly mentioned it in our privacy policy – all of your files and signatures stay safe with us. Attach your electronic signature to the document and then share it to the other signers so they can brief it and sign the document themselves. If you would like, a ready-made Accounting Contract template can be downloaded below, or create a more personalized document with our online form builder. The Accountant shall provide an itemized invoice to the Client for services rendered every 30 calendar days. This bookkeeping contract is entered into by and between Sender.Company (the Accountant) and Client.Company (the Client) as of Contract.CreatedDate.
Identification of Parties
A well-written contract clearly defines the scope of services, payment terms, and responsibilities of both parties, minimising the risk of disputes and misunderstandings. Download our free, customisable Accounting Services Contract template to define clear terms for services and payment. Easily create a legally binding contract to ensure a transparent and productive working relationship. The contract should include procedures for resolving any disputes that may arise between the accountant and the client. This helps to prevent any disagreements from escalating and can ultimately save time and money for both parties.
Clients also benefit – they get to see just how much your services cost upfront. As a service provider, you need to protect your company and its employees, which is where your contract comes into play. For your part, you may also wish to insert clauses highlighting that any software – especially any built in-house – is your company’s property. This will prevent instances of clients requesting access to anything that isn’t their property. This section of the agreement can become more complicated if your client tries to obtain confidentiality for a third party that isn’t directly subject to the initial agreement. In these cases, it’s best to create a similar contract with the third party, especially as CPAs don’t have an inherent responsibility for keeping third-party information secret.
Download Accounting Contract Template
To make life easier for yourself, download our free accounting services agreement template so you have a base document you can update and modify depending on your client’s needs. Downloading a free accounting services contract template saves you time and money compared to drafting one from scratch, while ensuring you have a solid foundation for your client agreements. Protect your practice and build strong client relationships by utilising a free accounting services contract template – download yours today.
Though our accounting agreement template is fairly standardized, the key to utilizing it properly lies in the details you add. Naturally, you need to confirm that everything related to your firm is present and correct. Payment terms and structures have to match what you’re telling the client, as do late fees and similar consequences. Your template includes sections to insert all of this information, so ensure it’s added and double-checked before your contract heads over to the client. Though you’ll be working closely with your client – and will have access to many of their financial records – you don’t own anything that they provide to you.
A ready-made template allows you to quickly create a professional agreement without starting from scratch, saving valuable time. The contract can cover a wide range of services, such as bookkeeping, tax preparation, audits, financial reporting, and consulting. Instead of paying a lawyer to draft a contract from scratch, you can use a free template as a starting point, saving on legal fees.
Whenever you’re using a financial service, like accounting, it’s important to have an accounting services agreement in place. If you’re using financial services, then an accounting services agreement makes sure that everyone knows exactly what is to be audited, by when, and how much it will cost. While consulting a professional lawyer can be beneficial when drafting a complex service agreement, it’s not always necessary. Legal professionals specializing in contract law can ensure the agreement is in accordance with the relevant regulations and help understand each clause in detail. Simplify your client engagements with our easy-to-use accounting services agreement. LegalZoom is not a law firm and does not provide legal advice, except where authorized through its subsidiary law firm LZ Legal Services, LLC.
Legally, it’s 100% safe
- The Client shall have a limited, non-exclusive license to use any deliverables provided by the Accounting Firm for the purposes set out in this Agreement.
- When providing accounting services, creating a contract with your client falls on you.
- All good things come to an end eventually, including the agreements you form with clients.
- Provider shall maintain complete records of all business conducted related to this accounting contract (“Provider Records”).
You may compose a contract to specify the services that will be rendered, the accountant’s fees, frequency of payments, and termination options. If any disputes or disagreements arise, a properly-drafted Accounting Contract will serve as evidence because it is recognized by all courts of law. Secondly, don’t assume that the template covers every single aspect you may want it to cover. It will contain clauses for all of the essentials – as discussed earlier – but you may have specific clauses you wish to insert.
Zomentum’s standardization of our proposals ensures consistent messaging for all clients, resulting in improved quote-to-closure rates. The Accounting Firm’s liability under this Agreement shall be limited to the amount of fees paid by the Client to the Accounting Firm. The Accounting Firm shall not be liable for any indirect, incidental, or consequential damages. In the event that performance of servicesis prevented or delayed by circumstancesbeyond control, either party mayterminate the Agreement without liability.
Provider agrees that no reimbursement shall be made by the Client for travel within 25 miles of the Provider’s listed business address. By clicking submit, you consent to E-Sign storing and processing your personal information to provide the requested content.
This valuable resource provides a framework for defining the services you offer, setting clear payment terms, and establishing mutual responsibilities. Note that when you download the template, you can customize it to your needs with everything from your payment details to the scope of the work you’ll provide to the client. As a new accountant, you may find it challenging to design an initial draft for this type of contract.
Are you a business owner or an accounting firm looking to formalize your financial services? Our Accounting Services Contract Template is designed to help you create legally binding agreements with ease. The Accounting Services Contract Template is fully customizable to meet your specific requirements.
Now, we rely on Zomentum to effortlessly build proposals, create business cases, and attach quotes directly to the proposal. The platform enables us to track project progress and provide real-time feedback to our customers. And it also integrates seamlessly with Autotask – our PSA and allows us to pull products and services from our inventory effortlessly. Both parties agree to keep all information exchanged during the course of the engagement confidential. This includes but is not limited to financial data, business strategies, and proprietary processes. The parties shall not, without the prior written consent of the other party, disclose or make available any confidential information to any third party.
By clearly defining your services – including what they entail and how you’ll apply them – you minimize the risk of your client asking for more without paying. Given that long workweeks are common in accounting, this clarity of service provision can help to cut down on the hours you provide to your clients. You also need to set the contract duration, termination conditions, and confidentiality obligations about the financial information shared by the client.