First things first, don't be nervous! We'll start with a consultation for me to get to know you and your business, to determine your bookkeeping needs (and if we'll make great collaborators). I’m allowing 45 minutes, but I know you’re a busy businessperson, so it’s not likely to take more than 15-20.

At that point, if we’re both willing, I will begin a diagnostic review of your books. If you already have QBO or Xero, I will send you an E-mail with instructions on how to add me as an Accountant User. If you don’t yet have QBO or Xero and want me to set it up for you, I will need 3 months worth of bank and credit card statements. I will then send you a proposal/engagement letter/NDA via AccountGroove within 3 days.

If you agree to the proposal, we can then set up an onboarding call where I will get any additional needed information (ideally, read-only access to your banking and credit card information) and if necessary begin the process of setting up a QBO or Xero account, connecting your bank feeds, etc.

If you do not agree to the proposal, we can negotiate. If you are still not interested or have decided to go with another bookkeeper, please do me the courtesy of letting me know. I would also appreciate a 4 or 5 star review on my QBO profile in lieu of “payment” if you feel it is warranted.

Please note that I will not begin work until I receive my fee.

• Pricing is based on the size and complexity of your business. I will need to do a diagnostic review of your books in order to give a firm quote.

• Payment is by ACH or credit/debit card through AccountGroove, which is connected to QuickBooks Bill Payment, and they will process your payments automatically without me needing to see your banking info. I will also take a check if you live in the NYC area - I might even be willing to pick it up directly if I can get to you by public transportation.

• Setup of a brand new QuickBooks Online or Xero Account and Chart of Accounts is $500.

• My starting rate - assuming 100 transactions, one business bank account and one business credit card - is $450/month (or quarter, or year, for a very small business). This includes categorizations of transactions, reconciliation of accounts, and standard reports.

• Special situations such as inventory tracking, tracking by categories or classes (e.g. residential and commercial), locations, job costing and projects are extra, as are non-standard reports.

• Accounts Payable and Accounts Receivable start at $100/month, assuming 10 invoices and 10 bill payments.

• Payroll starts at $100/month+$5/month per employee or contractor.

• Bookkeeping catchup/cleanup starts at the determined monthly rate times the number of months being worked on, plus extra depending on problems found.

• If you wish for Time Off Your Hands Bookkeeping to pay for your QBO or Xero software subscription, that will be included in the quote - I can get you a discount.

For monthly bookkeeping, assuming that I have access to bank statements by the 5th of the following month, I should have the reconciliations and reports done by the 10th. We can then have a phone call, Zoom or detailed E-mail exchange at our mutual convenience to discuss them. For year end, I should have the reports ready for you to forward to your tax advisor by January 15.

For bookkeeping cleanup, assume one month for every year of cleanup required. Particularly complicated cases may take 6 weeks.

Hopefully, our collaboration will last for the life of our businesses! I reserve the right to requote after 1 year of collaboration, or in case of massive growth or shrinkage of your business. A standard contract will be for 12 months unless you specify otherwise.

Either party may terminate with 15 days notice, to prevent automatic ACH or credit card withdrawals. I will send a disengagement letter in that instance.