PowerPoint Presentation
Affordability without compromiseAn affordable alternative for
businesses of all sizes
1
Your current fee set upFor some people this is the image that
comes to mind every time their accountant issues them with a Note
of Fee.It's true that most medium to large firms have a fee
structure that means the more senior the person involved with your
work, the more costly it becomes.
Example of medium/large sized practice fee structureAccounts
AssistantIn most cases the basic bones of the bookkeeping /
accountancy work will be carried out by this person.
Their average client charge out rate:
100 - 150 per hourPractice ManagerThe manager supervises all the
work and subsequently reviews the work done by the Accounts
Assistant.
Their average client charge out rate:
200 - 250 per hourPractice PartnerNothing leaves a practice
without getting the final seal of approval from the partner. They
are also, in most cases, the person you will meet with to finalise
your accounts.
Their average client charge out rate:
300 - 425 per hour above rates are for example purposes only but
where arrived at by reviewing over 15 accountancy practice
websites.
ABAS fee structureTo start with we have only one charge out rate
because the same person does all your work from start to
finish.
We can quote you a fixed rate fee per job (eg. for annual
accounts preparation).
Most of our clients prefer to use our Fixed Monthly Retainer
Scheme.
Although our charge out rate is lower, the level of service and
professionalism remains high throughout.
What is the fixed monthly retainer schemeTogether with our
clients, we establish the scope of our work for the coming year and
provide a fixed fee quote. This fee is paid by fixed monthly
instalments over the coming twelve months.
Fee does not change even if the volume of your day to day
transactions increases.
Includes all meetings, phone calls and other communications
(emails etc).
Spread the cost over twelve months with no surprises.
Not a fixed contract so you are not tied into a term should you
wish to opt out of the scheme.
What is likely to be included in the scope of workWithin
ScopeDay to day bookkeeping transactions (onsite or remote)Credit
Control (both debtors and creditors)VAT Compliance (preparation of
VAT returns etc)PAYE compliance (payroll and year end
submissions)Monthly management accounts (if required)Annual
financial statementsTax return preparation (personal &
corporate)Company Secretarial (annual return submissions)General
meetings and correspondenceAppointment as agent to deal with
HMRC
Out with ScopeBusiness PlansCashflow ForecastsBudget
ForecastingSpecialist Tax PlanningTax Investigation Work
The above can be incorporated into the scope of work should the
client wish it to.
This would be reflected in the fixed quote.
Affordable bookkeeping & accountancy services 27 Drum
Street, Edinburgh, EH17 8RQ. TEL. +44 (0) 131 510
2889www.a4double.com [email protected] Facebook/a4double
Twitter@AFourDoubleIf you are fed up with large fees, perhaps its
time to let it go?Credits: Music by Stephanie McKenzie (aged 7)
Steph - Let It GoiTunes 12.3.2.35
