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A bookkeeping services agreement is established between a client and a bookkeeper for one-time or recurring accounting services. The video outlines the role of a bookkeeper, typically an accountant, whose responsibilities include managing financial records for businesses or individuals, aiding in internal reports and tax returns. Specific tasks may involve overseeing accounts payable and receivable, bank reconciliations, bill payments, budget preparation, creating customized reports, maintaining general ledgers, generating financial statements, and handling payroll and check registers. Bookkeepers may work full-time, part-time, or on a contract basis. A free bookkeeping contract template will be provided at the end of the video.
