What Is "Value-Added" Pricing?
You're paying for the expertise of the Accountant who is degreed and studied more than a general Bookkeeper. Very often, you're paying for more than simple bookkeeping. You're paying for advice, financial management assistance and consulting, plain English explanation of your business books, and much, much more.
Value-added pricing is a way for you to leverage your accounting professional. Most accountants charge by the hour (or fraction). With value-added pricing, you get as many hours each month as you need without having to watch the clock. While our work may take fewer hours in some months than in others, the real payoff is when we assist you with year-end close process and getting your financials ready for the tax preparers. We start with a simple level that, for very small businesses, may be only $100 or so, depending on your needs (pricing is quoted per each client's specific need). On the other hand, if you need us to do all your accounting, payroll preparation, sales/use tax & property tax remittances, and respond to various notices you may receive, the fee will be higher per month. The value-added pricing also gets our voice on the other end of your phone as needed, whether it's 15 minutes or 3 hours. You no longer have to watch the clock and calculate how much you're spending to ask a question.
What's The Difference Between a Notary Public and a Notario Publico?
What's The Difference Between "Accounting" & "Bookkeeping"?
Why Do Accountants Cost More Than Bookkeepers?
Can I Get A Document Notarized Without A Photo ID?
While they sound the same, a Notary Public (English Language) is a person who does NOT give legal advice or expertise. Only attorneys can do this. In Mexico (and other Central/South American countries, a Notario Publico is a person who can dispense legal advice & perform legal services. This is an important distinction since you must be licensed to practice law in the United States.
Bookkeepers do the day-to-day entry. For example, if you need someone to enter the bills for your company so that they can be paid, you'd use an "accounts payable technician" or an "accounts payable bookkeeper". Accountants, on the other hand, have a background in financial analysis, generally accepted accounting principles ("GAAP"), depreciation techniques, technical accounting, and can consult and advise you, the business owner, on things you can do to improve our bottom line. Bookkeepers may have a background that would qualifiy them to be Accountants, but may not have a degree in Accounting. In many cases, Accountants are also Certified Public Accountants and may also be Enrolled Agents (if they do income tax accounting). Bookkeepers do not require a degree. Accountants do not require CPA licensing unless they service Public Corporations, although many become CPA's anyway.
If you do not have an acceptable photo ID (expired, no photo ID, etc), a Credible Witness can be present. A Credible Witness is someone who acts as a "Human ID" card for the person requiring the notarization. The Credible Witness must have a current Photo ID, must be personally known by the notary and must be personally known by the signer. The Credible Witness takes an Oath or Affirmation, swearing that s/he is being truthful and is not benefitting in any way from the notarization (in other words, the Witness must be impartial and not stand to gain anything). Sometimes two Credible Witnesses are required.