1. Scope of Services

This agreement outlines the bookkeeping services to be provided by LMT, including, but not limited to, the following:

• Accounts Receivable and Accounts Payable Management

• Payroll Processing

• Financial Reporting

• Budgeting and Cash Flow Management

• Tax Preparation Assistance

Additional services may be provided upon request, with prior agreement on fees for those services.

2. Payment Terms

Fees for bookkeeping services are based on the agreed scope of work. Payment is due on a monthly basis unless otherwise agreed. The fee structure is as follows:

• Monthly Bookkeeping Fee: $250/month (based on scope and complexity)

• Additional Service Fees: Any additional services outside the scope will be charged at $95/hour, with prior approval.

Payments are due within 3 days of the invoice date. Accepted payment methods include credit card, bank transfer, and electronic payment. Late payments may incur a fee of 1.5% per month on the outstanding balance.

3. Confidentiality and Data Protection

LMT agrees to treat all client information as confidential and to protect all personal and business data. Information will only be disclosed as required by law or with the client’s consent. LMT follows data protection best practices to ensure the security of all sensitive information provided by clients.

4. Client Responsibilities

The client agrees to provide all necessary information, documentation, and access required for bookkeeping services. Failure to provide accurate or timely information may impact the quality of services and may result in additional fees for time spent resolving issues caused by incomplete or inaccurate information.

5. Termination Policy

Either party may terminate this agreement with a 30-day written notice. Upon termination, all outstanding fees will be due, and LMT will provide the client with access to all completed bookkeeping records to date. If the client terminates services prior to the completion of any in-progress monthly services, the client agrees to pay a prorated fee based on work completed.

6. Limitation of Liability

LMT’s liability for any loss or damage arising from its services is limited to the total fees paid by the client for the specific service in question. LMT will not be held liable for indirect, incidental, or consequential damages.

1. Accounting Software Access

2. Bank Account Access

3. Credit Card Account Access

If your business users a payroll system, please provide access details so that we can accurately track payroll expenses and related financial information

1. Payment Authorization

Authorized Monthly Payment Amount for $250

The recurring payment for bookkeeping services will be charged on the agreed monthly date. If you choose to cancel services, please provide written notice at least 15 days before the next billing cycle. Late payments, if applicable, may incur a late fee of 5% of the outstanding balance per month.