How do I find a good bookkeeper or accountant? Many (starting) entrepreneurs and self-employed people ask themselves this question. Finding a good bookkeeper or accountant for your company is essential.
Not just because he or she does the tax returns for you. But mainly because a good accountant thinks along with you and provides advice. For example, with critical financial decisions such as an investment.
To find a good bookkeeper or accountant, we recommend that you request a quote from various accountants.
You can do this yourself, but we can also do it for you. After talking to you, we will look for three suitable accountants in your area. It is entirely without obligation and free of charge.
The result of a good bookkeeper or accountant is that you know better how your company and yourself are doing financially. Moreover, with a good accountant, you never pay too much tax, and the chance of errors in the tax return is much smaller.
In any case, it should always be.
In practice, unfortunately, it still regularly happens that bookkeepers (and even accountants) mess up. Finding the right accountant is therefore essential. An accountant who works to your advantage and not his own. That is why we give you five tips to find that one good bookkeeper or accountant for you.
Tip 1: Good to know, accounting is always your responsibility
You always remain responsible for your company’s administration, even if you engage an external party for this. So even if your bookkeeper or accountant makes mistakes, you will be held liable by the tax authorities. You must pay any fines and arrears. After all, it is your company, and you have engaged this party.
Tip: put on the agenda when you have to file a VAT return and when you have to pay at the latest. Make a timely declaration of turnover tax and deliver on time: that is also your responsibility.
This personal responsibility means that it is wise to have a good basic knowledge of accounting and taxation. If you don’t have this yet, follow an accounting training or attend the starters’ meetings of the Tax Authorities. This way, you learn the basics of accounting, and you know better what your accountant does for you (and whether it is all correct). You also get better financial insight into your company.
Tip 2: Division of roles: what do you do yourself, what does your bookkeeper or accountant do?
Because you remain responsible for correct administration and accounting, it is good to make clear agreements with your accountant. What do you expect him to do for you, and what does he expect from you?
Things that you have to make clear agreements about:
- Which parts of the administration do you do yourself
Think of: declaration of turnover tax, drawing up the annual accounts, checking administration and assertions, processing the salary administration, setting up administration, taking care of the income tax.
- Who makes which declaration?
Does your accountant only make the declarations, or does he think along and give advice?
- Does your accountant only make the declarations, or does he think along and give advice?
Also, check whether your accountant is specialized in accounting for your type of company (sole proprietorship, VOF, BV). If so, he can often give you better advice.
- What are the costs and what is covered
- What are the prices of extra services/hours
- Do you deliver the journals, receipts, invoices on paper or online to your accountant?
With online accounting, you do not have to go back and forth to the accountant every quarter (for the VAT return). The advantage of this is that your accountant does not necessarily have to be near you.
Fortress Accounts (Cloud based Accountancy Firm, Business Advisors and Tax Consultants). They help Small Businesses, Limited Companies & Individuals with comprehensive Accounting & Tax Services.
The more you do yourself, the less money you spend on your accountant. The disadvantage of doing your accounting is that it can cost you a lot of time and cause frustration. Also, there is a chance that you will forget or not do things properly. It, in turn, can be disadvantageous when filing your tax return, causing you to pay too much tax. So weigh this up for yourself.
Tip 3: What kind of company do you have?
One company is not the other. Do you work with many physical products, do you have a purchasing and sales channel, do you have stock, hire people, do you have the personnel, do you have customers across the border, or are you in a specific industry with special rules? These are all conditions that affect your administration and accounting. Always check whether your accountant has experience with your type of company.
Tip 4: Save money thanks to a good bookkeeper or accountant
Ultimately, a good accountant will save you money because a good accountant knows, thanks to his knowledge, how to benefit from the rules for entrepreneurs. For example, he will ensure that you use all the benefits you are entitled to and indicate what you can and cannot declare as costs for your company. It often includes things that you don’t even think about yourself. These two things, benefits and adding all prices, can quickly earn you thousands of euros on an annual basis. A good accountant, therefore, quickly pays for himself.
Tip 5: This is how you find a good bookkeeper or accountant
To find a good bookkeeper or accountant, you can use our free quotation request. After talking to you, we will look for three good accountants in your area. It is entirely without obligation and costs you nothing. There is a good chance that this will yield you that one good accountant.