Do retainers and projects reconcile?
Compare agreements, invoices and deposits for the period. Note changes in scope, credits or payments that have not been matched to an invoice.
For marketing agencies
Accounting questions for marketing agencies
Agency records can combine retainers, project invoices, advertising platform charges and payments to staff or collaborators. Start with the question you need to answer, then gather the related agreements and records.
Request a consultationPrepare the records behind your question
These details can make an initial conversation more useful:
- Client agreements, project scopes and retainer schedules
- Issued invoices, receipts, credits and payment dates
- Advertising platform invoices, card charges and client billing terms
- Software subscriptions and other recurring operating costs
- Staff pay records, freelancer agreements and contractor invoices
- The reporting period, filing question or decision coming up
Choose a starting point
Who pays for client media?
Gather platform statements and the client terms for advertising spend. Identify which charges the agency pays and how those amounts appear in client invoices.
How are people paid?
Bring staff pay records and freelancer agreements or invoices. List the questions about the current payment process without assuming a worker's classification.
What report or filing is ahead?
Identify the period, available records and the specific report or filing question. Note any open items in client billing or agency costs.
Explain what you need to decide
Tell the firm which question fits your agency and what records you have. A short initial message is enough; detailed financial records can be shared through an appropriate channel later.
Request a consultation