Bookkeeping Agreement is a legally binding contract between a bookkeeper and their client, outlining the scope of services, fees, and any additional terms and conditions related to the bookkeeping services. It defines the roles and responsibilities of each party and outlines the payment terms for the bookkeeper’s services. Types of Bookkeeping Agreement include: 1. Fixed Fee Bookkeeping Agreement: This type of agreement sets a fixed rate for the bookkeeping services, regardless of the hours worked. 2. Hourly Rate Bookkeeping Agreement: This type of agreement requires the bookkeeper to track their hours and bill the client an hourly rate for their services. 3. Retainer Bookkeeping Agreement: This type of agreement requires the client to pay a set fee for a period of time, regardless of the hours worked. 4. Project-based Bookkeeping Agreement: This type of agreement outlines a specific project with a predetermined fee for completion.