Originally posted by Lance
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Previously on "Accountant for contractor who also sells software?"
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Originally posted by Lance View PostApart from the fact that the accountant doesn't know how, or care how, to encrypt email........ Are you so sure it's not already encrypted in transit anyway? Most good email providers will do that by default. If you're really paranoid then you have your own server where you can enforce mandatory TLS anyway.
No accountant is going to change he way he runs for you. For a start why would they pay £££ to fix a problem you perceive when you're worth less money to them than it would cost to 'fix'?
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Originally posted by inpots View Post
Oh, and I'm also concerned about privacy, so don't want a crappy accountant who's going to bail if I have to ask them to encrypt emails (although ideally I wouldn't need to ask...).
Does anyone have any thoughts on this topic?
Apart from the fact that the accountant doesn't know how, or care how, to encrypt email........ Are you so sure it's not already encrypted in transit anyway? Most good email providers will do that by default. If you're really paranoid then you have your own server where you can enforce mandatory TLS anyway.
No accountant is going to change he way he runs for you. For a start why would they pay £££ to fix a problem you perceive when you're worth less money to them than it would cost to 'fix'?
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I've been with Nixon Williams for many years, I'm a contractor but a few years ago I also developed a product which I sell in reasonable numbers whilst still contracting. They have been great dealing with both sides of the business (incl. processing European Sales) and I cannot recommend them highly enough.
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Originally posted by inpots View PostHi,
So, just 4 months after last searching for an accountant (and starting contracting), I'm looking again (turns out my last one took exception to the constructive suggestion of encrypting emails with personal information in them!).
I'm a Ltd Company, 1 director/employee etc. I do consulting, but also write software which I try and sell (one sale so far!). I'm not anticipating huge numbers of sales - a hundred a year if I'm super lucky.
There are plenty of suggestions for contractor-dedicated accountants here, and I've found a lot online, but what about ones who will also accommodate the (hopefully burgeoning) software-sales part of my business? I've seen a few that also cover small businesses:
* Clever accounts
* Accountsnet
* Crunch (referenced here a few times including in the sticky)
Oh, and I'm also concerned about privacy, so don't want a crappy accountant who's going to bail if I have to ask them to encrypt emails (although ideally I wouldn't need to ask...).
Does anyone have any thoughts on this topic?
With regards to a contractor having more than one income stream, I'd expect any accountant to be able to handle that - there's not really much "handling" to do, it's only a case of looking at your LtdCo earnings and determining the VAT scheme etc you'd be on. My old accountant wouldn't have even been aware what my income streams were (everything was just listed as sales). My new accountant (KPMG SBA, using Xero) could see that as I have three different Sales chart of accounts, and multiple clients, but whether I had that or I was a bog standard BOS (bum-on-seat) contractor, it wouldn't make a difference.
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Just deal with them face to face and use a flash drive. You may have to pay for the privilege but it takes all of that stuff offline.
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I think FreeAgent resides on Amazon's servers. I guess they are spread across the globe?
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Originally posted by inpots View PostNo, No you wouldn't:
https://en.wikipedia.org/wiki/Panama_Papers
Apple toughens iCloud security after celebrity breach - BBC News
United Airlines breached by Chinese hackers behind OPM cyber attack - report | Computing
Dropbox details security breach that caused spam attack - BBC News
(just a small sampling from 30 seconds with google).
But my bigger issue with "the cloud" is that the T&C's always have a clause saying they can sell your data to third parties anyway. I know Sage did when I looked. FreeAgent allows "third parties" too it seems (Privacy Policy - FreeAgent).
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I hacked your web cam because you are using the internet which isn't secure and took a screen shot of you...
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Originally posted by SueEllen View PostDepends on the country it's in - wouldn't want the FBI, GCHQ, the chinese, a bribed Indian worker or some 15 year old bored British kid to hack in now....
https://en.wikipedia.org/wiki/Panama_Papers
Apple toughens iCloud security after celebrity breach - BBC News
United Airlines breached by Chinese hackers behind OPM cyber attack - report | Computing
Dropbox details security breach that caused spam attack - BBC News
(just a small sampling from 30 seconds with google).
But my bigger issue with "the cloud" is that the T&C's always have a clause saying they can sell your data to third parties anyway. I know Sage did when I looked. FreeAgent allows "third parties" too it seems (Privacy Policy - FreeAgent).
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Originally posted by inpots View PostThe OP was hoping for more constructive responses and is not seeking to be a victim of identity theft. It is for me to decide whether my personal information should be private or not (although the data protection act has a "Secure" principle).
E-mail is tantamount to a post-card - how many of would be willing for your pay information to be delivered on a postcard? Or a better idea - to all those unconcerned about the issue, please post all of the following to prove it:
Full Name,
Address,
Salary,
NI number
Tax-Code
because that's what's on the payslip, and if it's in an email, it's just that public, and with the other personal information that transacts with an accountant is more than enough for identity theft (Date of Birth, UTR (which the govt documentation clearly says to keep confidential), etc).
[the above is rhetorical - I hope no-one is actually going to do to do that.]
So, back to my original question - which accountants are there suitable for a contractor that also sells software?
The FA also allows you to create projects do you can bill and track separately to your contracting stream etc.
That is if a cloud based portal is secure enough for you.
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Originally posted by inpots View PostThe OP was hoping for more constructive responses and is not seeking to be a victim of identity theft. It is for me to decide whether my personal information should be private or not (although the data protection act has a "Secure" principle).
E-mail is tantamount to a post-card - how many of would be willing for your pay information to be delivered on a postcard? Or a better idea - to all those unconcerned about the issue, please post all of the following to prove it:
Full Name,
Address,
Salary,
NI number
Tax-Code
because that's what's on the payslip, and if it's in an email, it's just that public, and with the other personal information that transacts with an accountant is more than enough for identity theft (Date of Birth, UTR (which the govt documentation clearly says to keep confidential), etc).
While it's illegal to tamper with the post many people do so.
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Originally posted by VectraMan View PostDoes anyone encrypt emails? I remember all the hype about PGP decades ago, but practically nobody every used it.
Why do you think it's necessary for an accountant to accommodate your software sales business? You think an accountant is only going to do part of your accounts?
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