Bookkeeping Engagement Letter

Purpose of This Letter

This Bookkeeping Engagement Letter confirms the terms under which Precise Financials, LLC ("the Firm") will provide monthly bookkeeping services to the above-named Client. Upon signature by both parties, this letter constitutes a binding agreement.

Scope of Services

Precise Financials, LLC agrees to provide the following bookkeeping services on an ongoing monthly basis. Please check all that apply:

Additional services agreed upon:

Bookkeeping Software

QuickBooks: If a new QuickBooks account is being set up for this engagement, Precise Financials, LLC will establish and manage the account under the Firm — the cost is built into the agreed service pricing. If the Client already has an existing QuickBooks account, the Client remains responsible for their own subscription, login credentials, and any associated fees. Precise Financials, LLC will require accountant-level access in either case.

Wave Accounting: Precise Financials, LLC is willing to perform bookkeeping services using Wave Accounting (wave.com) at the Client's request. The following terms apply if Wave is selected:

• The Client is solely responsible for creating and managing their own Wave account.
• The Client is responsible for all fees charged by Wave, including payroll or payment processing add-ons.
• Wave account costs are not included in the monthly service fee charged by Precise Financials, LLC.
• Precise Financials, LLC will require accountant-level access to the Client's Wave account to perform services.

Monthly Fee & Payment Terms

Invoices are issued on the 1st of each month with a 5-day grace period. Late payments beyond 15 days may be subject to a late fee. Services may be suspended for accounts more than 30 days past due. Accepted payment methods: Venmo @PreciseFinancials, Cash App $PreciseFinancialsAZ, ACH, or card.

Client Responsibilities

To allow the Firm to perform services accurately and on time, the Client agrees to:

• Provide complete bank statements, credit card statements, and receipts for all business accounts each month.
• Grant read-only or accountant-level access to all relevant financial accounts and software.
• Provide payroll records, contractor payments, and 1099 information as needed.
• Respond to requests for clarification within 5 business days.
• Notify the Firm promptly of any changes to business operations, bank accounts, or ownership.

Delays in providing required documents do not excuse payment obligations and may result in delayed deliverables.

Firm Responsibilities

• Perform bookkeeping services with reasonable care, accuracy, and professionalism.
• Deliver monthly financial reports within an agreed-upon timeframe after receiving all Client documents.
• Maintain strict confidentiality of all Client financial information.
• Retain Client records for a minimum of 7 years.

Confidentiality

All financial information shared by the Client is held in strict confidence and will not be disclosed to any third party without written consent, except as required by law. Precise Financials, LLC uses industry-standard data security practices to protect all Client data.

Term & Termination

This engagement begins on the date signed below and continues on a month-to-month basis. Either party may terminate with 30 days written notice. All fees incurred through the termination date are due immediately upon termination.

Termination for Non-Payment: If any invoice remains unpaid more than 15 days past due, the Firm may suspend services immediately without further notice. If payment is not received within 30 days of suspension, this Agreement may be terminated and all outstanding balances become immediately due.

Limitation of Liability

Precise Financials, LLC is not a licensed CPA firm. Services are bookkeeping in nature and do not constitute legal, tax, or financial advice. The Firm is not responsible for errors resulting from inaccurate or incomplete information provided by the Client. Total liability shall not exceed the fees paid in the most recent 30-day billing period.