Alignment fee

From WikiAlpha
Revision as of 22:45, 1 July 2019 by Ranarian (Talk | contribs) (Created page with "An '''alignment fee''' is a phrase used by accountants when they are on-boarding a client partway through their year. It describes the missed payments for services that would...")

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

An alignment fee is a phrase used by accountants when they are on-boarding a client partway through their year. It describes the missed payments for services that would have been charged over the full 12-month period, such as annual accounts.[1]

It is designed to bring the client's payment into alignment with their ongoing monthly fee, by paying for those missed months either as a one-off payment or spread over the remaining months of the year.

The phrase was originally coined by GoProposal.

References

  1. Ashford, James (2016). Selling to Serve: Give more value to your clients and get them buying more from you. Manchester: GoProposal. ISBN 9781539857945. 

External links