Whereas the Client and Bookkeeping Services (“Parties”) agree to the following terms and conditions.
PNW tax shall provide the following services:
1. Documenting and categorizing transactions.
2. Accounts receivable and accounts payable
3. Assessing a company’s cash flow.
4. Reconcilation of all cash accounts, i.e., checking, savings, loan and credit card accounts.
5. Maintaining customer and vendor lists.
6. Set up Asset and Liability Accounts.
7. Financial Reports.
8. Accounting and Reconciliation of Payroll processed through third party payroll service.
9. One annual Consultation/Review appointment to review books.
It is the client's responsibility to provide information and assistance so that PNW Tax can meet its obligations:
1. Payment for services provided with a current Credit Card for recurring billing.
2. When requested, receipts and check stubs and clarification of uncategorized expenses/income transactions to support bank/credit card statement transactions.
3. Access to Banking/Credit Card records including all monthly statements.
4. Access to QuickBooks Online or other accounting software.
5. The client shall deliver the following supporting documentation for PNW Tax to do the bookkeeping.
a) For each transaction, the client has the responsibility of writing a serial code number from the client
b) chart of accounts to inform the bookkeeper what type of transaction it is.
c) Copies of all checks written from their bank account, and all checks received from customers.
d) Copies of all accounts payable invoices received from outsider vendors, and accounts receivable invoices sent to customers.
e) Copies of receipts and invoices for all purchases and sales of property, plant and equipment.
f) Copies of all loan agreements entered into by the company. Including notes receivable and payable.
g) Copies of records for investments entered into or slod by the company such as stocks, bonds and other securities.