INTUIT BOOKKEEPING UPDATE
INTUIT BOOKKEEPING FULL

In some cases, your cleanup may take longer depending on timeliness of documentation and the complexity of your books.ĭuring each subsequent month, ongoing Live Bookkeeping services include: an overview of the main features of QBO setup of customers and vendors assistance with reports and reporting tools setup of chart of accounts assistance with bank connections, expense type classification, categorization, and reconciliation based on information you provide importing of historical data and ongoing assistance with bookkeeping practices). Once your bookkeeper receives all the necessary documentation, they’ll typically complete your cleanup within 30 days.

INTUIT BOOKKEEPING UPDATE

The services provided during the first month are as follows, as applicable: update bookkeeping based on information you provide connect bank and credit cards categorize and update transactions up until the last tax-filing date reconcile bank and credit card accounts with past statements, as provided by you reconcile remaining balance sheet accounts and run a summary report of work completed, balance sheet, and profit loss statement of YTD for cleanup period(s).Ī Live Bookkeeper cannot begin cleaning up your past books until they receive the required supporting documentation, which your bookkeeper will request from you after your first meeting. QuickBook Live Monthly Bookkeeping services: After signup, a Live Bookkeeper provides cleanup services that start from the date of your last business tax return or business incorporation date (if more recent) through the end of the calendar month before first sign-up to Live Bookkeeping.

If your monthly average is $50,001 or more, the monthly price for QuickBooks Live is $400.

If your monthly average is $10,001-50,000, the monthly price for QuickBooks Live is $300.

If your monthly average is $0-10,000 per month, the monthly price for QuickBooks Live is $200.

Your business’s average monthly expenses and associated subscription pricing may be reassessed at Intuit’s sole discretion. After the first month, you’ll be charged monthly at the then-current monthly fee based on your average monthly expenses over the previous 3 months, unless you cancel. Following a 30 day period after signup, the ongoing Live Bookkeeping service is available in 3 different pricing tiers, depending on your company’s average monthly expenses over a period of 3 consecutive months. Cleanup is charged as a $500 fee at the start of service. QuickBooks Live Cleanup is required for Live Monthly Bookkeeping. QuickBooks Live Monthly Bookkeeping pricing tiers: Live Bookkeeping is available to QuickBooks Online subscribers and is sold separately. Live Bookkeepers aren’t responsible for errors resulting from incorrect information that you provide, or if you re-open the books by overriding closure after a Live Bookkeeper completes the month-end closure. You’ll need to provide QuickBooks with a receipt for the transaction in question, correspondence from your outside tax accountant, or a document stating the balance of the account if an account balance is in question. If you invoke the guarantee, QuickBooks will conduct an evaluation of the Live Bookkeeper’s work.

An “error” is: a) a transaction that has been incorrectly categorized to the wrong account b) an account balance in QuickBooks that doesn’t match the actual account balance or c) improper transactions which can’t be supported by documentation (including client responses and client meeting notes). If your Live Bookkeeper makes an error that requires you to re-open your books for any month, we’ll correct the error in your books for the month that the error occurred at no additional charge.Įligible errors include only those made by a Live Bookkeeper.

INTUIT BOOKKEEPING FULL

Accurate Books Guarantee: At your request, QuickBooks will conduct a full evaluation of your bookkeeper’s work.

Intuit bookkeeping