A good accountant can save you time, money and stress, but they can only do that if you work well together. Finding someone whose style suits yours is important, and once you’ve found the right person, there are a few simple things you can do to make your partnership work well.
Communicate Clearly and Regularly
Tell your accountant about any big changes in your business or personal finances before they happen, as there may be tax issues to think about. Try to have regular check-ins so you can ask questions and stay on track. Always reply to their emails or calls – if they are chasing information, there’s usually a good reason for it. Business accountants Oxford, such as hazlewoods.co.uk/expertise/business-accountants/oxford/, can offer helpful advice.
Keep Your Records Organised
Make sure your receipts, invoices and bank statements are easy to find and share. This saves time and helps avoid mistakes. Many small business owners use simple accounting software or even a dedicated email folder for receipts. HMRC has clear guidance on record keeping if you’re unsure what to keep.
Set Clear Expectations
Talk about what your accountant will do, how much it will cost and when things need to be done. Agreeing on deadlines for both of you helps avoid missed tasks or extra work.
Learn the Basics
You don’t need to become an accountant, but understanding simple terms will help you follow advice and ask better questions. If you’re confused, just ask – your accountant is there to help.
