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Accountants and their clients often use Accounting Contracts as a means of defining the scope and payment terms for work to be done. Signed by the client and the accountant, this essential document... Read more

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Making an Accounting Contract

  • What is an Accounting Contract?

    Accountants and their clients often use Accounting Contracts as a means of defining the scope and payment terms for work to be done. Signed by the client and the accountant, this essential document can help each party to set expectations and reduce the risk of disagreements. As a Rocket Lawyer member, you will have the option to access Document Defense®, which enables an attorney to help you get paid or enforce your rights. If there are any questions about the accounting services, you'll always be able to refer to the Accounting Contract as your written record.

  • Do I need to create an Accounting Services Agreement for every engagement?

    Regardless of the type of work you plan to do, you should always consider making an Accounting Contract. These benefits might help your decision-making:

    • The length of the engagement is established
    • Both parties understand the scope of their responsibilities
    • Neither party is confused about fees charged

    Without an Accounting Agreement, you and your client might experience one or more of these repercussions: difficulty getting paid, unclear timelines, unmet standards of quality, unexpected changes, and, not to mention, almost no ability to make demands when problems arise.

  • What details should an Accountant Contract contain?

    Specifics to cover are:

    • Name and address of the client
    • How much you will charge
    • Whether the work will be ongoing or if it will last for a set period of time
    • What work you will be performing once hired (for example, preparation of journals and ledgers, financial statements, or tax returns)

    As you probably expect from an agreement like this, your Accounting Contract template will also contain the typical language regarding the non-employer relationship between the accountant and client, the protection of proprietary information, the method(s) of dispute resolution, and liability for losses. As you make your agreement, you'll also be able to decide which state's jurisdiction it falls under. You can also define any services you'd like to exclude from the contract.

  • How much would I traditionally have to pay for a lawyer to make a contract for accounting services?

    The great news is you do not have to pay hundreds of dollars in fees to put your contract in writing. With the document tools on Rocket Lawyer, you should feel empowered to produce a free Accounting Services Agreement today. Your agreement is built piece by piece, so you can be sure that it has all of the appropriate information within. Simply click on the button labeled "Make document" to start.

    If you are having any particular doubts or hesitations before getting started, you can always connect with a lawyer. You should also feel free to explore more business documents in our library.

  • What steps should I take after an Accounting Agreement has been made?

    Upon completing your Accounting Contract with the help of Rocket Lawyer, you will have the ability to get to it at any time and place. With a membership, you may edit, make a copy, print, save it as a Word document or PDF file, and/or sign it with RocketSign®. Alongside each Accounting Contract, there will be a set of helpful tips on what you can do next. You should ensure that your client has their copy of your final contract.

  • How do I have my Accounting Contracts looked at by an attorney?

    If you opt to do it by yourself, seeking out a lawyer to give feedback on your agreement can be time-intensive and relatively costly. Some lawyers won't even accept requests to review contracts that they didn't author. In the event that a lawyer does offer advice, they most likely would still demand their standard fees to do it. An easier way to get a second pair of eyes on your document would be to request help from attorney services at Rocket Lawyer. As a Premium member, you can have your agreements looked at by an experienced contracts attorney. Whether you decide to create additional copies of your Accounting Agreement or other documents for your business, we are here to support you.

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