Common use of Financial and Accounting Matters Clause in Contracts

Financial and Accounting Matters. SPC shall maintain Client’s general ledger, accounts receivable and accounts payable records, and fixed asset records and provide billing and collection services. SPC shall also prepare or cause to be prepared Client’s federal, state and local tax returns, and financial statements. SPC shall also provide, or cause to be provided, to Client payroll services, including assistance with regulatory compliance matters. SPC shall maintain all past accounting, tax and payroll records until such time as such records shall be disposed of in accordance with applicable legal requirements and SPC’s normal record disposal policies.

Appears in 5 contracts

Samples: Administrative Services Agreement (Egpi Firecreek, Inc.), Merger Agreement (Egpi Firecreek, Inc.), Merger Agreement (Egpi Firecreek, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!