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Accounting/ bookkeeping fees
How to Fix accounting/ bookkeeping fees on yearly basis or monthly basis????. is there any criteria ??? what is the prevailing rate currently in market??
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Quick Summary
Always advisable to take fees on monthly basis ( within 5 days from end of the month: similar to how salary payments are processed ). Normally, it depends on quantum, days involved and client specific requirements.
Normally take up all compliance work at a fixed monthly cost. Regular payments is a key to sustainable business definitely.
Normally take up all compliance work at a fixed monthly cost. Regular payments is a key to sustainable business definitely.
If it's on the basis of retainer we can proceed as per months fees.
In case it's a contractual one Sec 194J is applicable.
In case it's a contractual one Sec 194J is applicable.
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