u/PeakRevolutionary191

▲ 13 r/taxpros

Help with pricing this client

I was approached by a potential client - upper $50M pa sales, $800K in net, in house bill payments from QB, in house payroll with paychex not booked or integrated, cash basis, no accruals whatsoever, everything booked completely as cash. I am asked to clean up books and do monthly or quarterly compilations on accrual basis.

Industry is elderly home care, MCOL area.

It seems to me a big can of worms that I don't know if I want to open, and long hours to book transactions, complete reconciliations of 2 bank accounts and 2 credit cards.

I don't want my quote to be prohibitive, but also I don't want to be bogged down by transactional volume that they should handle cheaper themselves.

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u/PeakRevolutionary191 — 22 hours ago