Accounting & Bookkeeping & Small Business Forum

Guest · Posted: Sun Jun 08, 2003 9:00 pm Post subject: Confused About Client Fees

I'm still a bit confused by the formula given in the seminar for figuring client fees. The .50 per transaction doesn't specify. Does that mean cash sales & A/R transactions only or A/P & A/R transactions or every transaction entered in all of the journals. I've been thinking about setting a standard per month fee. Also, where can I get information on fair charges for additional services such as payroll?

Guest · Posted: Tue Jun 17, 2003 9:00 pm Post subject: Re: Confused About Client Fees

Just charge them a monthly flat rate fee which will cover everything you will do for them. Check out the competition and see what they charge. Try to beat the competition. Talk to the client when they first meet you about agreeing on a monthly fee. Lets say $ 100.00 or $ 125.00 a month.

Guest · Posted: Wed Jun 11, 2003 9:00 pm Post subject: Re: Confused About Client Fees

The $0.50/transaction charge includes ALL transactions that you will be entering into the computer. Regarding the additional charges: If you're a student of Universal Accounting, go to Chapter 5 of Module 4. Good luck.

Guest · Posted: Mon Jun 02, 2003 9:00 pm Post subject: Re: Client Fees . . . Set Up Fee

Typically you will charge the same fee you will charge for their monthly bookkeeping, as a set up fee. Example: If you will be charging $300 per month, then your set up fee is also $300.