What to Charge for Bank Statement Reconciliation
What to charge for bank statement reconciliations
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bIoZa8SN0r3BmsacfAtdLo
11/14/08 10:52am PST
Viewed by asker 01/12/09 9:27pm PST
Viewed by asker 01/12/09 9:27pm PST
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6 Replies
Optimist
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11/14/08 12:36pm PST
The question is, what are some of the methods that CPA's or Bookkeeping Services charge to do a Bank Reconciliation for a Company? Lets say that a Client needs a one time Bank statement to be reconciled, what would an Accounting Service charge for a Service for such?
Sheryl E Theis
ljkbooks
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11/15/08 10:11am PST
Your questions is not appropriate to ask in a forum due to price fixing.
Your best bet would to call around in your area.
Laura K
11/15/08 10:44am PST
HI LK,
Thanks for the comment. Didn't realize that the question was not appropiate, my second thought was to phone around in my area. These type of questions are not suitable for Live Community, I will remember this, just thought by asking wouldn't cause any harm.
Sheryl E Theis
DemosL
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12/17/08 9:36pm PST
The solution
I didn't see the question as an attempt to price fix anything. If you already charge by the hour for your services, use the same rate for bank statement reconciliations. Don't use a flat rate. Your reconciliations can vary by client depending on how many transactions there are and whether corrections or data entry are required before doing the reconciliations.
Demos Loizides
Demos Loizides, LLC
"QuickBooks Expert Can Fix Your Bookkeeping Mess"
http://quickbookspro-nova.com
Demos Loizides, LLC
"QuickBooks Expert Can Fix Your Bookkeeping Mess"
http://quickbookspro-nova.com
songcon
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01/04/09 11:07pm PST
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Your hourly rate plus a minimum charge in case the job is too short
