http://theprofitco.com/fhc-terms
BENEFITS OF THE FINANCIAL HEALTH CHECK
A low-risk way for you to learn exactly what needs to be done.
An opportunity for you to get to know how we work and to ensure that we are a good fit.
We'll know exactly what your specific needs are before we complete any additional work.
You will receive up-front pricing for our recommended services.
Understand where your business's financial health
SERVICES PROVIDED
Financial Health Check:
What you get:
QuickBooks analysis:
Diagnose problems and assess the level of cleanup needed.
Review balance sheet opening balances.
Identify transactions that need to be brought up to date.
Assess the volume and complexity of transactions.
Assess ongoing accounting needs.
Identify ways to get the most out of QuickBooks and get timely and meaningful reports.
Financial Health Check:
Analysis of Profitability
Analysis of financial statements
Financial Health Score
Report of Findings and Recommendations to include:
Each problem found and areas that need to be cleaned up.
A list of what needs to be done to bring the books up to date.
A list of ways to get the most out of QuickBooks so that you can save time, modernize, and get meaningful reports.
A recommendation for ongoing accounting services.
You also get up-front pricing for our recommended services.
You'll have the peace of mind that we understand your specific needs and that there will be no surprise invoices.
Services are provided remotely.
PAYMENT TERMS
Full payment has already been processed.
Additional services are subject to a new service agreement. The pricing is dependent on the scope and complexity of the engagement.
TERMS OF SERVICE
Service Agreement Duration
This engagement will begin at your earliest convenience and will continue on an as-needed basis or until either party terminates the Service Agreement.
What We Won’t Do
We will make no attempt to adjust the records to reflect Generally Accepted Accounting Principles. We will make no audit or other verification of the data you submit. We may provide reports that contain portions of financial information; these reports are for internal management use only. We will not provide any financial statements and will not perform any compilation, review, or audit of any of the financial information. We do not at any time provide legal services of any type. We have not been requested to discover errors, misrepresentations, fraud, illegal acts, or theft. Therefore, we have not included any procedures designed or intended to discover such acts, and you agree we have no responsibility to do so.
We do not provide information technology services – including installation of software on your network or troubleshooting software problems related to your network installation.
We do not provide services or advice related to human resources, employee benefits, business insurance, investments, or other services that are not related to bookkeeping and accounting services. We do not make management decisions on your behalf.
What We Need From You
You are responsible for making all management decisions and performing all management functions, and for designating an individual who possesses suitable skill, knowledge, or experience to oversee any bookkeeping services, or other services we provide. In addition, you are responsible for evaluating the adequacy and results of the services performed and accepting responsibility for such services.
To perform our services, we will need to obtain information on a timely and periodic basis from your company. We will provide you with instructions regarding the information that we may require to complete the work of this engagement. The items you provide and any other items that we obtain from you will be based on information provided by you and will be used without any further verification or investigation on our part.
You are responsible for using a current subscription of QuickBooks Online.
Services Outside the Scope of This Letter
You may request that we perform additional services at a future date not contemplated by this engagement letter. If this occurs, we will communicate with you regarding the scope and estimated cost of these additional services. Engagements for additional services will necessitate that we issue a separate engagement letter to reflect the obligations of both parties.
Client Communication
You consent to us sending to you, by any medium, firm newsletters, surveys, press releases, information concerning firm webinars, and any other communication sent to some or all of our clients. You are not required to provide this consent to retain our services. If you choose to opt out of receiving these client communications, you will notify The Profit Co.
Confidentiality and Non-Disclosure Agreement for QuickBooks Diagnosis
It is understood and agreed to that you may provide certain information to The Profit Co. that is and must be kept confidential. To ensure the protection of such information, it is agreed:
1. The Profit Co. will receive all of your information and documents on a confidential basis.
2. The Profit Co. will use them solely to provide you with professional accounting services, and will not otherwise make use of or disclose them to third parties, except as you authorize us to do so or as required to do so by law.
3. Any addition or modification to this Agreement must be made in writing and signed by both parties.
4. If any of the provisions of this Agreement are found to be unenforceable, the remainder shall be enforced as fully as possible and the unenforceable provision(s) shall be deemed modified to the limited extent required to permit enforcement of the Agreement as a whole.
PRIVACY POLICY
Types of Nonpublic Personal Information We Collect
We collect nonpublic personal information about you that is either provided to us by you or obtained by us with your authorization.
Parties to Whom We Disclose Information
For current and former clients, we do not disclose any nonpublic personal information obtained in the course of our practice except as required or permitted by law. Permitted disclosures include, for instance, providing information to our employees and independent contractors and, in limited situations, to unrelated third parties who need to know that information to assist us in providing services to you. In all such situations, we stress the confidential nature of the information being shared.
Protecting the Confidentiality and Security of Current and Former Clients’ Information
We retain records relating to professional services that we provide so that we are better able to assist you with your professional needs and, in some cases, to comply with professional guidelines. In order to guard your nonpublic personal information, we maintain physical, electronic, and procedural safeguards that comply with our professional standards.
Please contact us if you have any questions, because your privacy, our professional ethics, and the ability to provide you with quality financial services are very important to us.
We are pleased to have you as a client and look forward to providing you with exceptional service.
