Accounting Services Contract
Accounting Services Contract
THIS ACCOUNTING SERVICES CONTRACT (the “Contract”) is entered into this 18th day of May 2050 (the “Effective Date”) by and between [Client Name], [Client Company] located at [Client Address] (the “Client”) and [Your Name], [Your Company Name] situated at [Your Address] (the “Service Provider”), collectively referred to as the ("Parties").
1. Scope of Services
The Service Provider agrees to provide the Client with services (the "Services") which include, but are not limited to, maintaining accounts receivable, accounts payable, payroll, general ledger accounting, reconciliation of bank statements, and preparation of monthly and year-end financial statements or as otherwise agreed upon in writing.
2. Payment
In consideration of the Services, the Client agrees to pay the Service Provider a fee of $____(“Service Fee”), payable on the [Payment Date] of each month. Additional services outside the scope will be billed at an hourly rate of $___.
3. Term and Termination
This contract will take effect on the stated effective date and will remain in place until either party ends it by providing a written notice 30 days ahead. On termination, the client is to cover the costs for the services provided until the termination date. Should the other party become bankrupt, insolvent, or experience a change in controlling power, either party has the right to end this contract with immediate effect.
4. Confidentiality
Both Parties agree to keep all information concerning the other Party's business or personal affairs confidential during the term of this Contract and thereafter unless disclosure is required by law or consented to in writing by the other Party.
5. Disclaimer of Warranties
The Service Provider, in providing their services, expressly makes no guarantees or assurances of any type. This includes any express or implicit warranties one may ordinarily assume to be inherent in such a service.
6. Limitation of Liability
The Service Provider shall not be liable for any indirect, special, incidental, punitive, or consequential damages, including lost profits, arising out of this contract.
7. Indemnification
Both Parties agree to indemnify and hold harmless the other Party, its respective affiliates, officers, directors, employees, and agents from any claims, losses, liability, damages, expenses, and costs (including attorneys' fees and court costs) resulting from any violation of this Contract.
8. Governing Law
This Contract is to be governed by and interpreted by the laws that are applicable in the given jurisdiction.
9. Entire Contract
This Contract constitutes the entire contract between the Parties and supersedes all prior understandings, contracts, or representations.
IN WITNESS WHEREOF, the Parties hereto have executed this Accounting Services Contract as of the date first above written.
[Your Name]
[Date Signed]
[Client's Name]
[Date Signed]
