Delegating your bookkeeping: Scope Creep!!

Scope Creep!! Have you heard of it? It can definitely impact the quality ofbookkeeping services you receive. Scope creep is the gradual expansion of tasks beyondthe original agreement, and it can createchallenges for both clients and bookkeepers.Here’s how to address it:

When you first outsource your bookkeeping, you will need to have a detailed discussionregarding what services you need and what services your bookkeeper will provide. If theservices are outlined accurately, then your bookkeeper can more accurately determinethe level of service you require, and provide you with an accurate quote for services. Themore accurately you set initial expectations, the more accurate your quote will be. If abookkeeper is pricing their services accurately, it will avoid unexpected price increases inthe future.

After you have decided on the level of services you need, your bookkeeper shouldprovide you with engagement letter that clearly defines what you havediscussed.Review this carefully!! This includes specifying the tasks, deliverables, and timelinesagreed upon, ensuring that both parties have a clear understanding of expectationsfrom the outset.

If you find at a later date that your need for services has changed or expanded, then,

  1. Communicate Changes: If you find yourself needing additional services beyondthe scope outlined in the engagement letter, communication is key! Reach out toyour bookkeeper to discuss your needs and determine the best courseof action.Transparency and open dialogue can help prevent misunderstandings and ensurethat both parties are on the same page.
  2. Update the Agreement: If additional services are required, your bookkeeper canupdate the engagement letter to reflect the changes. This may involve revisingthe scope of work, adjusting fees or timelines, and obtaining mutual agreementon the updated terms.
  3. Consider the Impact:Before requesting additional services, consider the impacton your budget, timeline, and resources. Assess whether the added value of theservices justifies the potential costs and whether they align with your business objectives.

 

Remember, effective communication and proactive planning are essential for managingscope creep and maintaining a positive relationship with your bookkeeper. By clearlydefining the scope of services and addressing changes as they arise, you can ensure asuccessful and productive partnership that supports your business’s financial needs.#Bookkeeping #ScopeCreep #EngagementLetter #Communication#SmallBusinessTips

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