Originally posted by gricerboy
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Reply to: Accountant asking for receipts
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Previously on "Accountant asking for receipts"
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Originally posted by gricerboy View PostI'm with an accountant frequently recommended on these pages & am currently in the process of having my accounts done.
They are telling me they have to see all my receipts. This isn't something I've ever been requested to produce before & frankly can't see that it's any of their business. I won't mention the name of said accoutants (yet) but they sometimes seem to be behaving more like an umbrella than an accountant.
Its the trainees who have to deal with them as they like making their trainees suffer.
I know a few people who are now fully qualified accountants who started out with jobs like this.
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When you claim an expense you are required to keep the receipt as proof for 6 years as required by HMRC. It may be that your accountants are being diligent; although if they are satisfied with the information that they have prepared the accounts from, then you are signing them off as the director and have liability for them.
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Well I'll be getting my money's worth because it'll be them reconciling every single bus ticket from the last year with what I put on the spreadsheet. Making a rod for their own backs IMO.
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At the end of the day, if they're sticking their name on the accounts, they're entitled to see proof of what they're compiling. I can't see why you wouldn't want to show your receipts to an accountant, you'd be best doing them yourself if that's how you feel.
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Chuck them all in a massive envelope, send it to them with no stamp and ask for them to be sent back recorded (Oops, I didn't say that!)
Seriously, unless they are doing an audit, or they suspect something dodgy, just ask them for a reasonable explanation why they need every single receipt. As previous posters have mentions, I doubt they would be interested in postage receipts. Spearmint, I'm not so sure!
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Originally posted by gricerboy View PostYes, I have but they still want to see them
Have you asked why they need to see everything? Are they just being careful because you're a new client?
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They may just be checking as a form of due diligence. Have you provided spreadsheets to detail everything?
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Accountant asking for receipts
I'm with an accountant frequently recommended on these pages & am currently in the process of having my accounts done.
They are telling me they have to see all my receipts. This isn't something I've ever been requested to produce before & frankly can't see that it's any of their business. I won't mention the name of said accoutants (yet) but they sometimes seem to be behaving more like an umbrella than an accountant.Tags: None
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