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A bookkeeping services agreement is established between a client and a bookkeeper to provide accounting services, either on a one-time or recurring basis. The video tutorial outlines the role of a bookkeeper, who, typically an accountant, manages financial records for businesses or individuals, aiding in internal financial reporting and tax returns. Key tasks may include overseeing accounts payable and receivable, bank reconciliation, bill payments, budget preparation, customized reports, general ledgers, financial statements, payroll, and check registers. Bookkeepers can work full-time, part-time, or on a contract basis, with pricing varying accordingly. At the video's conclusion, viewers are informed about obtaining a free bookkeeping contract template.
