Accounting service contract

Outsourced accounting contract clause generator

Scope

Client employees

Key clauses

1. Scope: Full accounting; client has 10 employees

2. Client delivers source docs by the 5th; accountant responsible for posting

3. Month-end close: report by the 10th; late docs shift deadline

4. EDI format and document channel

5. Contractor error penalties — contractor's; source doc issues — client's

6. Confidentiality + personal data processing

7. Pricing: base rate + surcharges for extra operations

8. Termination: 30 days, database handover in standard format

Critical: liability boundary (accountant responsible for posting, client for source docs), month-end deadlines, EDI format, database access.