QBO Setup Engagement Letter

INTUIT IS NOT A FINANCIAL PLANNER, BROKER OR TAX ADVISOR.
NEITHER INTUIT NOR THE

CONTENT ARE INTENDED TO PROVIDE LEGAL, TAX OR FINANCIAL ADVICE. The content and
materials are intended only to assist you in your general organization and decision-making for your
business or practice. Intuit shall have no liability for errors, omissions or inadequacies in the information
contained herein or for interpretations thereof. Consult the services of a competent professional when you
need this type of assistance.
[Engagement Letter – QuickBooks® Online Setup]
[Your Letterhead Stationery]
<<Date>>
<<Client Name>>
<<Company Name>>
<<123 Anywhere Drive>>
<<Anytown, ST 45678>>
Dear <<Client Name>>:
We appreciate the opportunity to provide QuickBooks® accounting setup services to <<Company

Name>>. To ensure a complete understanding between us, this letter will describe the scope and
limitations of the services we will provide for you. <<Employee Name>> will be the contact
person for this engagement.
What We’ll Do
We will create a QuickBooks file for <<Company Name>> with transactions that begin on
<<December 31, YEAR (Effective Date)>>. If needed, we will order your QuickBooks Online
subscription. We will record the beginning account balances from a balance sheet you provide.
We will set up your QuickBooks Online Company Settings and invite any users necessary to
reflect your current accounting requirements. We will enter company, customer, vendor, and
employee data from information you provide us. We will enter sales items and sales tax
information based on information you provide us. If applicable, we will enter inventory items and
quantities on hand as provided by you. Also, we will set up payroll services. We will enter all
accounting transactions and reconcile the bank accounts for <<January, YEAR>>. These will be
entered from original documents and ledgers you provide.
What We Won’t Do
We will make no attempt to adjust the records to reflect Generally Accepted Accounting Principles
nor to reflect proper tax record keeping. We will make no audit or other verification of the data you
submit. We may provide reports that contain portions of financial information; these reports are for
internal management use only. We will not provide any financial statements and will not perform
any compilation, review or audit of any of the financial information. We do not at any time provide
legal services of any type. We have not been requested to discover errors, misrepresentations,
fraud, illegal acts, or theft. Therefore, have not included any procedures designed or intended to
discover such acts, and you agree we have no responsibility to do so.
What We Need from You
To complete the QuickBooks setup service, we will need to obtain information on a timely and
periodic basis from your company. These items include all the input, such as a balance sheet as
of the effective date of conversion, check registers, bank statements, customer account
information, customer invoices, sales ledgers and receipts, sales tax account information, vendor
information, purchase orders and vendor invoices, federal tax ID number, payroll information,
employee data, unemployment account information, and any other information that we may
require to complete the work of this engagement. These items and any other items that we obtain
from you will be based on information provided by you and will be used without any further
verification or investigation on our part.
When We’ll Do It
This engagement will begin on <<January 10, YEAR>> and is estimated to end on <<February
10, YEAR>>. This engagement is made on a time-and-materials, best-efforts basis.
Hardware and Software Warranties
During the course of the engagement, we may recommend a purchase and installation of
computer or technological hardware, software, communications, or services by your company.
Warranties, to the extent they exist, are provided only by the manufacturer/vendor of those
computer products.
Services Outside the Scope of this Letter
You may request that we perform additional services at a future date not contemplated by this
engagement letter. If this occurs, we will communicate with you regarding the scope and
estimated cost of these additional services. Engagements for additional services will necessitate
that we issue a separate engagement letter to reflect the obligations of both parties.
Fees
Our fee for these services will be <<$xx>> (per hour or flat fee), plus any out-of-pocket expenses.
Invoices will be rendered monthly and are payable on presentation.
Approvals
We are pleased to have you as a client and hope this will begin a long and pleasant association.
Please date and sign a copy of this letter and return it to us to acknowledge your agreement with
the terms of this engagement.
Sincerely,
<<Your signature>>
Acknowledged:
__________________________ ______________________
<<Customer>> <<Date>>

QBO Setup Engagement Letter

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INTUIT IS NOT A FINANCIAL PLANNER, BROKER OR TAX ADVISOR.

NEITHER INTUIT NOR THE

[Engagement Letter – QuickBooks® Online Setup]

[Your Letterhead Stationery]

Dear <<Client Name>>:

We appreciate the opportunity to provide QuickBooks® accounting setup services to <<Company

What We Need from You

Hardware and Software Warranties

Services Outside the Scope of this Letter

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