Compare the work included
A quotation should describe the tasks, reporting periods and outputs covered. Similar headline prices may cover different work.
Check the assumptions
Record quality, transaction volumes, employee numbers and reporting requirements can affect the work needed. Tell the accountant if your circumstances change.
Look for separately scoped work
Ask whether catch-up bookkeeping, extra advice or HMRC enquiries are included. Clarify how additional work would be agreed.
Understand the next step
Confirm the fee basis, any applicable VAT, validity and how to accept the quotation. A request for a quotation does not itself agree an engagement.
Need help applying this to your circumstances?
Contact Our Team