Boundaries between accounting and bookkeeping work
Hi Everyone,
I want to know the scope of services you are providing as an bookkeeper and an accountant.
My clients are paying me bookkeeping fees but expecting me that I give them accounting level expertise as same fees. ( As they know I am CPA).
Can anyone please advice how to set boundaries and segregate both services?
Update:
They ask me to do their AR/ AP/ Payroll reco/ Payroll fixing/ Do journals to sort out past years/ Make their profit and loss align with tax rules / Advice on taxes/ Fixing their all financial statements issue / sort out complicated accounting issue like e commerce reco/ stripe fixing etc. / Available for them and give them all attention like I am their employee. They hire me as bookkeeper but get all accounting level work done.
I realised their previous bookkeepers just do categories and submit and they pay them same fees happily.
I am not new to field and helping them affects my other clients work.
yes, thinking to ditch them sooner or later and creating solid contract with scope of work.
Thanks