Accounting & Bookkeeping & Small Business Forum

[Guest]

In the intro DVD Allem explained a very good method of setting client fees partially based on a "per transaction" method. The "per transaction" method is basically for entering checks and/or deposits into accounting software (i.e. QuickBooks).

In the case where the client actually wants you to generate (and possibly mail) an invoice, or the client wants you to generate payroll/supplier payments (i.e. handwritten or printed checks), or the client wants complete payroll service. What would be the approach be regarding fees?

Would you simply increase the "per tranaction fee" or set an hourly rate?

Seems to me for those 'special cases' mentioned above, an increased transaction fee seems appropriate.

How do you handle this situation??

[Guest]

TED: YOU DO NOT WANT TO BE PUT INTO THE POSITION OF BEING RESPONSIBLE FOR GENERATING AND MAKING THE PAYMENTS. TO DO THIS MAKES YOU PERSONALLY RESPONSIBLE IN THE CASE OFF THE CLIENT NOT HONORING THE PAYMENTS.