Like most forumites I employ the services of one of the big contractor accountancy firms that frequent these boards. I accept, like PI that I need to shell out a %age each month to enable me to ask silly questions, get payroll and reminders to pay VAT etc and obviously to have the annual accounts done.
But recently I've had a bum steer over Child Vouchers which isn't back-dateable and then both years I've had to correct the annual accounts for things being missed or incorrectly categorised.
Now I'm no expert and I understand these guys have a lot of clients to maximise profit but my monthly accounts have about 6 standard line items, then once a quarter there maybe something unusal, such as charity giving and a computer hardware purchase but nothing spectacular and blindingly obvious.
There's only 12 months in the year, so at most 20 of these non-standard payments so is it too much to ask for over £1k per year to expect what I'd imagine is an hour job to be correct?
Look at spreadsheet tab (this may give away the accountants) then look at bank statement - does it tally? Add values to running total, repeat 12 times.
Take values for previous accounting year and file in columns.
Ideally I'd like to give them a quick skim, looks fine - accept and file.
Yes I know I'm responsible for the accounts and that is why I pay for a qualified accountant to do this work - but 2 years in a row?
I should be asking for service credits!
Is this just par for the course?
Am I unrealistic in expecting a simple 1-man-band-ltd accounts to be straightforward and to be delivered correct first time?
Yours slightly hacked off and beginning to wonder about a change!
But recently I've had a bum steer over Child Vouchers which isn't back-dateable and then both years I've had to correct the annual accounts for things being missed or incorrectly categorised.
Now I'm no expert and I understand these guys have a lot of clients to maximise profit but my monthly accounts have about 6 standard line items, then once a quarter there maybe something unusal, such as charity giving and a computer hardware purchase but nothing spectacular and blindingly obvious.
There's only 12 months in the year, so at most 20 of these non-standard payments so is it too much to ask for over £1k per year to expect what I'd imagine is an hour job to be correct?
Look at spreadsheet tab (this may give away the accountants) then look at bank statement - does it tally? Add values to running total, repeat 12 times.
Take values for previous accounting year and file in columns.
Ideally I'd like to give them a quick skim, looks fine - accept and file.
Yes I know I'm responsible for the accounts and that is why I pay for a qualified accountant to do this work - but 2 years in a row?
I should be asking for service credits!
Is this just par for the course?
Am I unrealistic in expecting a simple 1-man-band-ltd accounts to be straightforward and to be delivered correct first time?
Yours slightly hacked off and beginning to wonder about a change!
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