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Now that weve covered terms-and-conditions, here are the sections that most engagement letters include: Identification. You should properly identify who will receive your services. Scope of services. Period of engagement. Fee structure. Responsibilities. Professional standards. Confirmation of terms.
This Letter of Engagement sets out the agreed terms of service for a managed payroll service. You wish us to calculate amounts due and pay salary to persons employed by you. We will provide those services on the terms set out in this agreement.
Engagement letters for your accounting or CPA firm is a legal document agreement sent to your clients that describes the overall business relationship with your client, clearly defining: Services included and how theyll play out. Each others responsibilities. The clearly-defined scope of your work.
What Is an Engagement Letter? An engagement letter is a written agreement that describes the business relationship to be entered into by a client and a company. The letter details the scope of the agreement, its terms, and costs. The purpose of an engagement letter is to set expectations on both sides of the agreement.
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