Charging client for accounting software
peter4run
Registered Posts: 8
in Bookkeeping
Hi all. Accounting software, usually cloud based, is widely used.
My question is how you can you charge a client for the purchase of an accounting software, it is right and fair? As the software is an expensive tool to do your job, is it right to ask the client to pay for this?
On the other hand, you bought an accounting software to do your job, it is good practice to let your client use it (uploading receipts for example?)
Can somebody explain hoe it works? Many thanks
My question is how you can you charge a client for the purchase of an accounting software, it is right and fair? As the software is an expensive tool to do your job, is it right to ask the client to pay for this?
On the other hand, you bought an accounting software to do your job, it is good practice to let your client use it (uploading receipts for example?)
Can somebody explain hoe it works? Many thanks
0
Comments
-
Before MTD, I have always included an annual amount within the fee to cover the cost of my accounts software, which is split across the customer base that I used it for, as part of their annual accounts production fee (just built into one figure as my set fee).
Now that MTD has come out, I spoke in advance to clients, regarding the book keeping software that is now needed (I do most of the work in my office for them), and increased their fee accordingly with a separate invoice saying 'MTD fee.' Everyone accepted and understood that there would be a cost involved.
I use Sage for clients where only I process the VAT and books for, and Xero for the clients who want to input their own sales side of things or upload receipts (we can both log in separately to this and I can limit how much of it they can see/use). In both situations, I have an accountants package with Sage and Xero whereby I am billed monthly and am permitted to have a certain number of clients within each, and I bill the clients monthly (which they have set up as a standing order).1 -
Many thanks Caspar10
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 318 NEW! Qualifications 2022
- 161 General Qualifications 2022 discussion
- 11 AAT Level 2 Certificate in Accounting
- 56 AAT Level 3 Diploma in Accounting
- 87 AAT Level 4 Diploma in Professional Accounting
- 8.8K For accounting professionals
- 23 coronavirus (Covid-19)
- 272 VAT
- 92 Software
- 273 Tax
- 135 Bookkeeping
- 7.2K General accounting discussion
- 200 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 582 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership