Scope/Limitations:
RemoteledgerHub, LLC does not engage in forensic auditing. As such, our accounting services cannot be relied upon to uncover financial errors, irregularities, or illegal activities such as fraud or misappropriation. It’s essential to provide accurate and complete information to enable us to perform our services effectively. If any such issues come to our attention during our engagement, we will promptly inform the client.
Agreed Upon Services:
All services will be discussed and agreed upon during the Client Account Review meeting, where both the client and a RemoteledgerHub, LLC representative will be present. The client’s specific service requirements and their frequency will be clearly identified during this meeting. Any subsequent changes to the agreed services will be mutually agreed upon and confirmed in writing.
Fee Schedule:
Professional fees and payment schedules will be outlined during the Client Account Review Meeting. Fees are determined based on the volume of transactions and accounts. A minimum retainer is required before work can commence, and fees are subject to change without prior notice. Additional optional services may incur extra charges, and pricing adjustments may be made based on market demands.
Terms of Payment:
All billings are due upon receipt, and unpaid amounts after 30 days will accrue interest at a rate of 2% per month. If either party wishes to terminate the relationship, a 30-day written notice is required. However, if the client provides less than 30 days’ notice, an average of one month’s billings plus applicable taxes will be payable in lieu of notice.
Limit of Liability:
RemoteledgerHub, LLC’s liability under this agreement is limited to the most recent monthly amount billed for services. The client agrees not to make any claims exceeding this amount. RemoteledgerHub, LLC is not liable for any losses resulting from advice provided or work done, and the client acknowledges and agrees to this limitation.
Indemnification & Non-disclosure:
The client agrees to indemnify and hold RemoteledgerHub, LLC harmless from any liability resulting from misrepresentations, fraud, or errors due to incomplete or inaccurate information provided by management. RemoteledgerHub, LLC will keep any confidential information viewed during their work confidential, subject to governing laws and court orders.
Applicable Law:
This engagement letter is governed by the laws of Knoxville, Tennessee, and any legal action regarding its terms or conditions falls under the jurisdiction of the courts of XXXXXXXXXXXXXXXX.
Complete Agreement:
This engagement letter constitutes the complete agreement between the parties, superseding all prior proposals and communications. If any provision is deemed unenforceable, the remaining provisions remain in force. For further clarification or inquiries about the engagement or services, please contact us at XXXXXXXXXXXXXXXXXXX.