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Frequently Asked Questions

 

How much do your services cost?

The cost of our services depends on how helpful our clients want us to be.

Our Financial Management Services are based on a number of variables. Does the client want to use Bookkeeper in a Box, place our bookkeeper on-site, or work with their bookkeeper to manage their reporting, accruals, tax compliance, budget, audit, etc

The fee can range from $800 per month to $4000 per month, depending on the services provided.

Some of the determinants of the costs are number of staff on payroll, number of cost centres, acquittal and audit demands, frequency of budget reviews, etc.

Our Financial Management training depends on how many people are attending, how long the workshop is, and where it is located.

In our Organisation Development work, we provide a quote based on the estimated number of days we dedicate to the project, and attach a 'daily rate' which is currently $1200 per day.

Am I locked into a Contract?

Because the financial management services are usually provided for 12 months at a time, there is an Agreement which sets out the terms and conditions, and what to expect from us in the year. The Agreement has liberal 'escape' clauses, and we certainly wouldn't want to tie up any clients who didn't love us.

In our Organisation Development work, the Agreement is to deliver the proposal as quoted on, and for the client to pay invoices as agreed. Its supposed to protect the client and us; to fix the fees and define the outcomes.

Are you qualified?

In our Financial management team we have experienced bookkeepers who are assessed prior to appointment, and whose references we check thoroughly. We have an MYOB Certified Consultant on the team whose knowledge of accounting principles and the use of MYOB is formidable.

Our senior staff are all experienced project managers from various aspects of the NFP sector, including child and family services, health, indigenous communities, the arts, refugees.

We have a close working relationship with an auditor/chartered accountant with whom we consult on tricky accounting issues.

We have purposefully kept our staffing to bookkeeping, project management, and knowledge of the NFP sector. Based on the 80:20 rule ~ we can solve 80% of our clients needs within the staff structure and outsource what we don't have, when we need it, rather than our NFP clients paying to have staff they will never use.

What are the pros and cons of your service?

(Share the cost with others, don't pay 'downtime', recruitment, holidays, advantage of economies of scale)