Accouting fee options
Monthly Billing
The annual fee is divided into
monthly instalments and paid in
advance of the financial year end.
This is a simple option to spead
cash flow and expense
committments
Year end billing
The other option is to go with an
end of year billing. Year end
financial statements are prepared
and billed at the end of the month
of their completion date. Other
functions performed during the
year are billed as completed.
Accounting fees are determined by the size and nature of your business and are
subject to our engagement letter terms.
We understand that clients do not like receiving large unexpected or
unexplained bills so we are happy to work with you on a number of different
fee structures to suit the assignment.
Fixed Fee : This is a good option where the fee is agreed in advance for the
year. It may cover a range of functions throughout the accounting period (i.e.
GST returns, end of year financial statements). Options exist to pay this
progessively by monthly instalments or at specified periods based on functions
completed.
Hourly rate : This option will be used where there are special or ad hoc projects
or where the total charges cannot be reasonably determined. Quotes or
estimates can be obtained when required.
As a guideline our hourly rates are:
Senior business services / accounting (Partner level): $250.00
Accounting general: $150.00 - $175.00
Data Entry/Clerical: $100.00
All rates are exclusive of GST.
Trading Terms
Our standard terms are payment in full 20th of the month following invoice. We
are happy to negotiate other terms to suit and encourage our clients to
consider monthly automatic payments (partly in advance, partly in arrears), in
order to smooth both their cash flow and ours. Please note, we reserve the
right to charge interest and/or collection costs on overdue account.
Fees
www.snowassociates.co.nz
Copyright 2012 Snow & Associates Limited, Auckland, New Zealand
email: accountant@snowassociates.co.nz