Clients fees

Hi,
I am in the process of starting to offer bookkeeping to small local businesses.
I am wanting some advise on how/when to charge for the services. Do you ask for a deposit up front, send interim invoices or just charge it all at the end? If you do charge at the end do you hand over the accounts first?
I sound awful for not trusting people dont I!
Thank you
I am in the process of starting to offer bookkeeping to small local businesses.
I am wanting some advise on how/when to charge for the services. Do you ask for a deposit up front, send interim invoices or just charge it all at the end? If you do charge at the end do you hand over the accounts first?
I sound awful for not trusting people dont I!
Thank you
0
Comments
For bookkeeping it should be appropriate to charge at the end of the week/month/quarter for the hours worked.
Doing bookkeeping you should get a good idea of the clients likelihood to pay by looking at the creditors list? How long have they been creditors? Are any accounts on hold? Main thing though is going to be using you instinct to assess any potential problems and take steps to reduce the risk of bad debts.
Burg
Good luck with it
Linda
I have looked at fastpay
Burg