Who it is for
For an operating sole proprietor or LLC that needs organised records and a regular document exchange process.
Expected outcome
An agreed process for handling documents, accounting registers and reports for a defined period. Deliverables are recorded in the agreement.
Proposed scope
- Processing source documents and recording transactions
- Reconciling agreed accounts
- Preparing reports covered by the agreement
- Listing missing records and unresolved questions
Agreed separately
- Restoring prior periods
- Audit, legal representation and management reports
- HR support unless expressly included
What to prepare
- Business activities and legal form
- Transaction volume and accounting systems
- Handover period and condition of records
The process
- Assess the scope of accounting
- Agree tasks and the handover process
- Receive records and process them regularly
- Review results and clarify open questions
Pricing factors
Transaction frequency and types, database condition, staff numbers and tasks handled by your own team.
Common questions
Who collects source documents?
Agree before work begins who obtains records from counterparties, in which format and by which agreed date they reach the accountant.