How to get the most out of your accountant

Hiring an accountant has multiple advantages. Not only will they be able to put your mind at rest that your tax affairs are taken care of, they will also be able to provide other support and advice depending on your needs. However, hiring an accountant does cost money, so it is important to make sure you are getting the most out of them and not paying them to do simple tasks that you could do. Steps you can take to ensure you get the most out of your accountant include:

Be organised

Paying your accountant to sort through your paper work is a waste of their time and your money. Make sure you keep all of your records together and record them as you go along, that way your accountant can help you to save tax or identify new opportunities rather than spend time filing.

Be accurate and timely

Your accountant will need accurate, up to date information to be able to help you as much as possible. Make sure you provide them with everything they need and don’t leave it until the last minute.

Be available

Sometimes your accountant might have questions that they need you to answer. Speaking to them on the phone or in person is important at times like these, particularly because other issues may arise as you talk.

Be open to ideas

Your accountant may be able to help your business achieve more profit or have ideas on ways you could improve your business’s structure. A fresh pair of eyes can make a big difference but you need to be open to new ideas.

Be online

Using an online system that is compatible with your accountant’s software could save a huge amount of time.

 

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