BOOKKEEPING SERVICES AGREEMENT

This Bookkeeping Services Agreement (“Agreement”) is made and entered into on

_________________, 20____ by and between:

_________________ (“Accountant”) with a mailing address of _____________________, City

of _________________, State of _________________,

AND

_________________ (“Client”) with a mailing address of _____________________, City of

_________________, State of _________________.

Whereas, the Client and Accountant (“Parties”) agree to the following terms and conditions for
the Accountant’s services, as an independent contractor, in exchange for fees:

I. Services. The Accountant agrees to provide the following services: (check all that apply)

Accounts Payable
Accounts Receivable
Audit Work
Bank Reconciliation
Bill Payment
Budget Preparation
Customized Reports
Detailed General Ledgers
Financial Statements
General Bookkeeping
Payroll and Check Registers
Tax Filing
Other: ______________________________________________________

The aforementioned selections shall be referred to as the “Services”. The Accountant shall
conduct the Services within the specifications and guidelines set by the Client. The Accountant
shall, at all times, observe and comply with generally accepted bookkeeping and accounting
practices and standards while complying with all Federal and State laws, regulations, and
procedures when completing their Services in accordance with this Agreement.

II. Fees. The Client agrees to pay the Accountant: (check one)

Per Hour. $____ / hour for providing the Services

Fixed Amount. $_____________/month as the total amount for the Services
Other. _____________________________________________________________

III. Payment. The Client shall pay the Accountant: (check one)
 Recurring Payment. Paid ☐ weekly ☐ bi-weekly ☐ monthly ☐ quarterly ☐ yearly.
Upon Completion. Upon completion of the Services to the Client.
Other. ______________

IV. Expenses. The Client shall: (check one)

Pay Expenses. In addition to the Fees provided in Section II, the Client agrees to
reimburse the Accountant for any out-of-pocket expenses incurred that include, but are not
limited to, travel expenses, audit fees, tax fees, and postage.
Not Pay Expenses. All expenses, including, but not limited to, travel expenses, audit
fees, tax fees, and postage shall be the responsibility of the Accountant.

V. Retainer. The Client shall: (check one)

Pay a Retainer. In the amount of $________________ that shall act as an advanced

payment on the Services provided by the Accountant.
Not Pay a Retainer (waived)

VI. Term. The Term of this Agreement shall be: (check one)

Fixed Time-Period. Starting _________________, 20____ and ending

_________________, 20____.
Ongoing Period. The arrangement of the Services provided by the Accountant shall
be on-going beginning on _________________, 20____.
Other. _____________________________________________________________

VII. Location. All services provided by the Accountant will be performed:

Remotely
In-Office
Other. _________________________

______ Days/Week
______ Hours/Week

VIII. Termination. This Agreement shall be: (check one)

Terminated by Both Parties. By providing the other party at least ____ days’ written
notice.
Terminated by Client ONLY. By providing the Accountant ____ days’ written notice.
Terminated by Accountant ONLY. By providing the Client ____ days’ written
notice.
Unless the Accountant has not performed the Services in accordance with this Agreement, the
Client shall pay the Accountant, in-full, for any remaining balance owed following the
termination of Services.

IX. Client’s Obligations. The Client shall be solely responsible for providing the Accountant all
financial information related to their personal and/or business affairs including, but not limited
to, all materials, data, and documents necessary to perform the Services under this Agreement.
The Client acknowledges and agrees that the accuracy of financial information supplied to the
Accountant is the sole responsibility of the Client and the Accountant shall be held harmless
from any liability resulting from the accuracy of the financial information provided.

X. Employment Status. The Parties agree that the Accountant shall provide the Services to the
Client as an independent contractor and shall not be acting or determined to be an employee,
agent, or broker. As an independent contractor, the Accountant shall be required to follow all
requirements in accordance with the Internal Revenue Code which includes, and is not limited to,
payment of all taxes levied for fees collected by the Client for payment of their employees,
agents, brokers, and subcontractors. The Accountant understands that the Client shall in no way
withhold any amounts for payment of any taxes from the Accountant’s accumulated fees for
Services.

XI. Confidentiality. The Accountant, shall in the course of performing the Services hereunder,
may gain access to certain confidential or proprietary information of the Client. Such
“Confidential Information” shall include all information concerning the business, affairs,
products, marketing, systems, technology, customers, end-users, financial affairs, accounting,
statistical data, documents, discussion, or other information developed by the Accountant
hereunder and any other proprietary and trade secret information of the Client whether in oral,
graphic, electronic or machine-readable form. The Accountant agrees to hold all such
Confidential Information of the Client in strict confidence and shall not, without the express
prior written permission of the client, disclose such Confidential Information to third (3rd)
parties or use such Confidential Information for any purposes whatsoever, other than the
performance of its obligations hereunder. The obligations under this section shall survive the
termination or expiration of this Agreement.

XII. Assignment. The Accountant shall have no rights to assign any of their rights under this
Agreement or delegate the performance of any of the obligations or duties hereunder, without the
prior written consent of the Client. Any attempt by the Accountant to assign, transfer, or
subcontract any rights, duties, or obligations arising hereunder shall be void and of no effect.

XIII. Notices. Any notices, bills, invoices, or reports required by this Agreement shall be
deemed received on the day of delivery if delivered by hand, standard mail, e-mail, or facsimile
during the receiving party’s regular business hours.

XIV. Governing Law. This Agreement shall be construed in accordance with and governed by
Federal laws and those located in the State of Utah.
XV. Dispute Resolution. All disputes under this Agreement shall be settled by arbitration in the
State of governing law before a single arbitrator pursuant to the commercial law rules of the
American Arbitrator Association. Arbitration may be commenced at any time by any party hereto
giving written notice to the other party to a dispute that such dispute has been referred to
arbitration. Any award rendered by the arbitrator shall be conclusive and binding upon the parties
hereto. This provision for arbitration shall be specifically enforceable by the parties and the
decision of the arbitrator in accordance herewith shall be final and binding without right of
appeal.

XVI. Severability. If any provision of this Agreement shall be held to be illegal, invalid or
unenforceable under present or future laws, such provisions shall be severable, this Agreement
shall be construed and enforced as if such illegal, invalid or unenforceable provision had never
comprised a part of this Agreement; and, the remaining provisions of this Agreement shall
remain in full force and effect.

XVII. Limitation of Liability. In no event shall either party be liable to the other party for any
indirect, incidental, consequential, special or exemplary damages, including without limitation,
business interruption, loss of or unauthorized access to information, damages for loss of profits,
incurred by the other party arising out of the services provided under this Agreement, even if
such party has been advised of the possibility of such damages. In no event will neither party’s
liability on any claim, loss or liability arising out of or connected with this Agreement shall
exceed the amounts paid to the Accountant during the period immediately preceding the event
giving rise to such claim or action by the Client or the limits of the Accountant’s professional
liability policy, whichever is greater of the errors and omissions policy that is in place.

XVIII. Indemnification. Each party shall at its own expense indemnify and hold harmless, and
at the other party’s request defend such party affiliates, subsidiaries, and assigns its respective
officers, directors, employees, sublicensees, and agents from and against any and all claims,
losses, liabilities, damages, demand, settlements, loss, expenses, and costs, including attorneys’
fees and court costs, which arise directly or indirectly out of or related to any breach of this
Agreement or the gross negligence or willful misconduct of a party’s employees or agents.

XIX. Entire Agreement. This Agreement is the final, complete and exclusive agreement of the
parties with respect to the subject matter hereof and supersedes and merges all prior or
contemporaneous representations, discussions, proposals, negotiations, conditions,
communications, and agreements, whether written or oral, between the parties relating to the
subject matter hereof and all past courses of dealing or industry custom. No modification of or
amendment to this Agreement shall be effective unless in writing and signed by each of the
Parties.

XX. Waiver. The waiver by either party of a breach of or a default under any provision of this
Agreement shall not be effective unless in writing and shall not be construed as a waiver of any
subsequent breach of or default under the same or any other provision of this Agreement, nor
shall any delay or omission on the part of either party to exercise or avail itself to any right or
remedy that it has or may have hereunder operate as a waiver of any right or remedy.
XXI. Disclaimer. Any information the Accountant receives from the Client will be used without
any further verification, auditing, or investigation on the Accountant’s part. The Accountant is
not liable for incorrect/incomplete information received. The Accountant may provide reports
which contain portions of financial information; these reports are for internal management use
only and are subject to interpretation by your CPA or tax professional for tax purposes. The
Accountant is not responsible for providing tax services, auditing, determination of sales tax
obligations, nor determination of the classification of independent contractors versus employees.
The Accountant is not responsible for discovering errors, misrepresentations, fraud, illegal acts,
or theft; therefore, the Accountant has not included any procedures designed or intended to
discover such acts, and the Client agrees the Accountant has no responsibility to do so. The
Accountant does not provide legal services of any type. The Accountant is not responsible for
any information before ______.

IN WITNESS WHEREOF the parties have duly executed this Agreement as of the date first
written.

Accountant’s Signature __________________________ Date _____________________

Print Name _____________________

Client’s Signature __________________________ Date _____________________

Print Name _____________________ Company name _____________________