Originally posted by northernladuk
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The Official I Don't Use An Accountant Thread
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Originally posted by Stevie Wonder BoyI can't see any way to do it can you please advise?
I want my account deleted and all of my information removed, I want to invoke my right to be forgotten. -
Originally posted by Mincepie View PostI pay for the peace of mind and experience they have and i dontOriginally posted by Stevie Wonder BoyI can't see any way to do it can you please advise?
I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.Comment
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Originally posted by SimonMac View PostOur clients pay us for the exact same reason, but 9 times out of 10 we are just better at Googling stackover flow then they areComment
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I'm with Pondy, I have better things to do with my time after I get home from a client site.
Plus I have 3 different clients on the go, all billing with different frequencies. Much easier to give it all to the accountants to make sure it's sorted. They give us a cumulative profit and loss statement each month so we always have sight of the state of the business.
Also useful to have them on call if I need proof of earnings/turnover etc.
MrsB does the admin stuff, payments, collating invoices, checking bank statements etc. and making sure everything gets to the accountants on time. She also sorts out my diary so I know where I'm supposed to be and when, which helps."Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.Comment
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When the VAT man (literally) knocked on the door to carry out an investigation I rang my accountant who sorted everything while I continued billing. Acers.Comment
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I've been asked 3 times in the last 2 years to provide a reference and due to being a contractor, my accountant has been an acceptable reference.
If I did my own accounts I would have had to ask loads of clients."You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by SimonMac View PostIf things were different and I wasn't focused on saving every penny when I started I probably would have used an accountant and not given it a second thought, but I like having control and understanding my business, I can plan, budget and forecast my accounts so I know my exact position at all times, you know like a real business does.
'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by DaveB View PostMrsB does the admin stuff, payments, collating invoices, checking bank statements etc. and making sure everything gets to the accountants on time. She also sorts out my diary so I know where I'm supposed to be and when, which helps.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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DIY Accounts
The problem comes when you need the accounts in support of a mortgage application and SA302S don't cut it because you have retained profits within the company.
Most lenders don't accept DIY limited accounts- they want signed accounts with an Accountants Report.Comment
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Originally posted by UK Contractor Accountant View PostThe problem comes when you need the accounts in support of a mortgage application and SA302S don't cut it because you have retained profits within the company.
Most lenders don't accept DIY limited accounts- they want signed accounts with an Accountants Report.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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