A functional entrepreneur and accountant relationship is a two-way street where both the parties have responsibilities.
In order for your accountant to do their job properly, they need all the documents and files that are relevant to your business. In addition, your accountant may need more information or further explanations to purchases you have made and to the decisions you have taken. Only if you provide your accountant with all necessary documents and answer all their questions can they do their job.
Good service and quality are worth paying extra for and many extra services provided by accounting companies can be of great benefit to entrepreneurs. It is advisable to take full advantage of your accounting company even if you end up paying a little extra for their services.
Although your accountant is a professional, they are not mind readers. You might be thinking about a certain issue that may not come to your accountant’s mind. The solution in this scenario is very simple, grab the phone and call your accountant or drop them an email. Your accountant will be more than happy to answer any questions you may have. Remember to demand more information and not sit back and wait for it to come to you.