You’ve discovered monthly accounting and are excited to unlock all of its benefits – but there’s a big problem. Your books are behind or incorrect, and months or years of accounting need to be addressed ASAP before moving forward.
But how can you pay for such a large project? With a payment plan! In this article, I’ll cover the details.
At CSI Accounting & Payroll, we’ve provided monthly accounting services for nearly 60 years. That means we’ve handled hundreds of years’ worth of back work and answered plenty of questions like these:
- What payment plan options does CSI offer for back work?
- Is a down payment required? Are there any other fees or interest?
- Who is eligible for a payment plan? Is it worth it?
CSI’s Back Work Payment Plan Options
When I talk about back work payment plan options, I mean that we allow some clients to make weekly payments for up to 13 weeks (one calendar quarter).
So, why 13 weeks? It’s a sweet spot. It gives you a reasonable time to pay, and it helps us cap the amount of risk that we’re taking on by not collecting the full amount upfront.
If 13 weeks isn’t enough time, exceptions can be made on a case-by-case basis, and the dollar amount of those payments will vary by what you can pay and want to pay. However, if you can’t pay for your problem in 13 weeks, we may reconsider whether or not we’re an ideal solution for your business. We can boost businesses that are able to grow, but we can’t help ones that are half-sunk.
For those who think they can benefit from a payment plan, I’ll cover the nitty gritty next.
Down Payments, Other Fees, & Interest
This is the part when you want to know more about the costs. I’ll start with the good news; there’s no interest, and there are only small NSF (non-sufficient funds) fees if you bounce payments.
Since there is no interest, to give us some assurance, we collect a down payment to kick off your payment plan. The down payment will vary significantly based on your situation, but for some clients, it’s their onboarding fee.
Back Work Payment Plan Eligibility
At this point, you may be wondering if you’re eligible for a back work payment plan – in which case, the answer would likely be yes.
If you have a lot of back work and feel that the investment is too high to pay all at once, just say so! Our consultants will be happy to discuss a payment plan with you that is reasonable and affordable week over week.
But what if… you don’t even need a back work payment plan? Out of all of our clients who need us to complete back work, only 20 percent opt in for a payment plan. This is especially true for projects that have less than a year of back work.
Find Your Back Work Cost & Payment Options!
Now that you know about our payment plan options, that they have a down payment but no interest, and who is eligible for a payment plan, are you ready to move forward with our monthly accounting services?
To find out what your back work investment will be, click the button below for a free consultation:
Not ready to talk? That’s okay! First, learn more about the cost of our monthly service moving forward (with annual business taxes included) by clicking the image below:
