ACCOUNTING & TAX SERVICES AGREEMENT

THIS ACCOUNTING & TAX SERVICES AGREEMENT is made effective as of ____________________

By and Between:

______________________________________ (the Accounting Firm)

and
_______________________________________________(the Client)

WHEREAS, the Client desires to obtain Accounting and Tax services from the Accounting Firm;
WHEREAS, the Client agrees to engage the Accounting Firm as an Independent Contractor to perform such
services as described herein and the Accounting Firm hereby agrees to provide such services to the Client;
AND WHEREAS, The Accounting Firm represents that is fully qualified to perform such services by virtue of its
experience, training, education and expertise.
NOW, THEREFORE, in consideration of performance by the parties of the promises, covenants, and conditions
herein contained, the parties hereto agree as follows:
1. ACCOUNTING & TAX SERVICES
The Accounting Firm shall at all times observe and comply with generally accepted accounting principle
standards and comply with all government law and regulations applicable to the Client. Under the terms and
conditions stated in this agreement, the Client approved and the Accounting Firm agrees to perform the
following services and scope of work:
[a] Monthly Retainer Fee

 Monthly Compliance – Bureau of Internal Revenue (BIR)

BIR 0619E - Monthly Withholding Tax Expanded
Sales and Expenses - Monthly Audit of Sales and Expenses (Client will send scanned copy)
 Quarterly Compliance – Bureau of Internal Revenue (BIR)
 BIR 1601EQ - Quarterly Withholding Tax Expanded
 BIR 2551Q - Quarterly Percentage Tax
 BIR 1701Q - Quarterly Income Tax Return
 BIR 2307 & QAP - Quarterly Alphabetical Payee
 Annual Compliance – Bureau of Internal Revenue (BIR)
 BIR 0605 - Annual Registration Fee
 BIR 1604E - Annual Withholding Tax Expanded
 Quarterly Income Statement – BIR Purpose
 Sales/Income - Audit and validation of Sales Invoice or Official Receipt
 Purchases/Expenses -Audit and validation under BIR RMO 12-2013
  Income Statement - Quarterly preparation & submission of Sales, Purchases & Expenses
Reports
 External Auditor - Quarterly Audit of Books of Accounts & BIR Returns
 Bookkeeping
- Our firm will send summary of journalized that will be recorded to the following Books of Accounts:
Note: Recording to the following Books of Accounts care of client. Please be noted that the Books of
Accounts should always present at the business address for BIR tax mapping and inspection purposes
to avoid penalties
 Cash Receipt/Sales Book  General Journal
 Cash Disbursement  General Ledger
 Tax Consultation – thru phone call or email
 Business related consultation
 Update of new government rulings related to the business
 Client’s Visit or Zoom Meeting (QUARTERLY)
 Audit of business transactions
 Transmittal of original documents
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