An accountant is one of the most important Trust partners in a business. That's why the idea of switching is often put off – even though there are some telltale signs when switching is not a luxury, but in the best interest of your business. In this article, we've rounded up when you should consider changing accountants.
Tell-tale signs that it's time
- Hard to reach. Not getting an answer to a simple question for days can cause serious problems in the long run, such as before an upcoming deadline.
- He only books, but he doesn't advise. A good accountant not only records the bills, but also tells you in advance if something needs to be changed or if a decision has tax implications.
- There are regular errors and delays. Missing returns or inaccurate data can result in fines and unnecessary upset.
- He doesn't understand the jargon. If after each conversation you have more questions than answers, it indicates a lack of communication.
- It has outgrown the current solution. As your business grows, the administration becomes more complex – the former accountant may not be able to cover this level as well.
When is the best time to switch?
The most common and convenient time is the turn of the financial year, since the opening and closing data can be clearly transferred to the new accountant. However, this does not mean that it cannot be changed during the year – it can be solved at any time with proper handover. The main thing is that the documents, returns and ledger data are transferred in full, so that the new partner can continue working smoothly.
What to pay attention to when passing?
Ask the former accountant for all electronic and paper documents, copies of submitted returns and accounting closing data. In a fair transfer, they are available without problems. And an experienced new accountant will help you check if everything is in order before continuing to work with the data.
If you feel it's time for a reliable, accessible and proactive partner, Axia accounting will be happy to help you make a smooth transition. Call us at +36 20 271 8141 , or write us to axia.konyveloiroda@gmail.com or, on the contact page.
