How do you know where you are financially at any point in time? What I am trying to get at is that I used to do this all in my own spreadsheet. Now I have the difficult task of choosing an accountant. In fact this is so difficult that I have put it off and done the Ltd Co/Bank account/VAT setup myself. I had alot of problems last time I was contracting because I had a lousy accountant so I am wary of falling into a paper mill accountant where they get so buried that they cant find me!
None of the accountants tell me how I would work with them. NW looks good but they say I just send them all the receipts, so how do I know where I am? SDJ gives you some form of spreadsheet. Cheapaccounting say that I can enter everything online, so I guess I could keep my own copy spreadsheet in tandem with their system (but I am not convinced they are geared to handling IT consultants and they do sound too cheap).
Not wanting to sound a control nut, I really do need to keep on top of things and like to know where I stand at any point in time. Can anyone recommend a accountant that I can instantly see my financial status at any point of time? Maybe folks can advise how they interact with the main players (SDJ, NW, etc)?
None of the accountants tell me how I would work with them. NW looks good but they say I just send them all the receipts, so how do I know where I am? SDJ gives you some form of spreadsheet. Cheapaccounting say that I can enter everything online, so I guess I could keep my own copy spreadsheet in tandem with their system (but I am not convinced they are geared to handling IT consultants and they do sound too cheap).
Not wanting to sound a control nut, I really do need to keep on top of things and like to know where I stand at any point in time. Can anyone recommend a accountant that I can instantly see my financial status at any point of time? Maybe folks can advise how they interact with the main players (SDJ, NW, etc)?
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