Talking Cents

Tips when switching to new accountants from small business accountant in Sydney Part 1

There may be times in your business where as a small business owner you may have to look for a new accountant. This could be because you are setting up a new business in itself or in conjunction with your existing businesses, and would like advice on tax planning. It could also be because you have an existing accountant and would like to change, as the current level of service being provided is not up to standard.

From the perspective of existing business owners, changing your accountant may seem like a challenging process at first, especially if you have been with your current accountant for a long period of time and have built a personal relationship, but are looking for a change nonetheless. Today we’ll look at a few tips that can help you with this decision and ease you into the changeover process, given to you by the provider of business accounting in Sydney:

• Communicate: Contact your current accountant to let them know that you will be moving on. Make sure that all affairs such as BAS’s and tax returns are completed, or make it clear to the accountant that any outstanding works will be performed by the new accountant. This way, you will not be presented with a bill upon your leaving and have a nasty surprise which could potentially break down the relationship with your current accountant.
• Do the research: Either through referrals from your contacts, internet searches or advertising, before making the decision on your new accountant make sure that you have done sufficient research to know that the new accountant is the right choice for you. You can arrange to meet with them for an initial meeting to get an idea of what services the accountant provides and which will be of use to you. Be careful not to overanalyse as this may clog your mind with unnecessary data and you may end up on the lookout for a while.

Next week, we will look at a few more ideas on what you can do to make the search for your accountant not only easier but also the right one. If you are looking for options at the moment, m.a.s accountants are the original accountants in Sydney, providing small business accounting in Sydney, Zetland and Surry Hills for over 50 years.