How We Price Our Services

Our pricing depends upon a lot of variables.  Those variables can drive our fees up or down.  During our initial discovery conversation, we ask a lot about your business so that we can identify those variables that will affect your accounting, bookkeeping and tax preparation fees. 

Some of the variables that drive your professional fees include:

  • What accounting and bookkeeping software is currently in use?
  • Who else works in the accounting and bookkeeping software and what do they do?
  • Number of bank or credit cards that need to be reconciled each month.
  • The volume of debit or ACH transactions that the business incurs each month.
  • How many handwritten checks are generated each month?
  • Do you have other accounts that we need to reconcile each month (lines of credits or loans)
  • Is the accounting and bookkeeping software being used to manage Accounts Receivable or Accounts Payable?
  • Do you maintain inventory in the accounting software?
  • Do we need to file sales tax returns?  If yes, how many tax jurisdictions need a sales tax filing and how frequently?
  • What type of industry is involved?  Some industries are just more complicated. 
  • What special financial reporting needs to do you have?
  • Who processes your payroll?
  • What is the status of your accounting and bookkeeping system?
  • Are you using the Walton CPA PC standard chart of accounts?  Do you have an excessive level of detail in your chart of accounts?  
  • How many business and personal tax returns need to be prepared annually?
  • When was the last time tax returns were filed?
  • Did you owe money on your last filed returns?
  • Do you need tax planning services?

As you can see, there are a lot of variables that affect pricing. 

We do a fee review of all clients at least once-a-year and adjust fees as necessary to take into consideration market conditions, inflation, internal costs, and changes in the scope of the work such as new accounts, new services, and increased average transaction costs.  

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