# Write-up work

A term used when buying accounting or bookkeeping practice.

Bookkeeping and compilation billed monthly, which is the recurring half of a small practice's fees.

Write-up work transfers far better than tax returns do, because the client has already accepted that staff and not the principal does it. It also prices differently: a practice that is mostly write-up sells on a recurring base, and one that is mostly seasonal returns sells on a relationship the buyer has to earn twice. Ask for fees split into write-up, tax and any attest work, by client. The mix decides both the multiple and how much of the first year goes on keeping clients instead of serving them.

Part of: Buying an Accounting or Bookkeeping Practice (https://searchspheresource.com/guides/buying-an-accounting-or-bookkeeping-practice)

Source: https://searchspheresource.com/guides/buying-an-accounting-or-bookkeeping-practice/terms/write-up-work