Putting money on a seasoned financial advisor or an accountant is imperative when it comes to fixing your accounts related issues or keeping the books accounts.
However, it has been seen that even if one picks up a quality accountant, they stain the relation with them, by asking them to do things that are dubious, quite needlessly. Indeed, that is the last thing that you would like to see happening.
You MUST NOT compromise the relationship with your accountant, as that will defeat the very purpose of hiring them. It will, to say the least, put your accounting affairs at great danger.
So let us discuss things that you should NEVER ask your accountant.
Don’t ask them to do things that can be done using automation
Some entrepreneurs have the bad habit of requesting their accountants to do things that are best done with the help of automation.
For instance, they might tell their accountants to manage chequebooks manually. They would tell them to process the payments, receipts and the payroll transactions manually, though all these can be done flawlessly and effortlessly with the help of machines.
You must invest in technology as well as various automated systems, which will make the lives of your accountants easier and less cumbersome. Telling them to do otherwise will not make your financial advisor in London particularly happy. Instead, they will become irate, and it will compromise the relationship between you and your accountant.
Never ask them about how your business is faring?
The simple reason behind this is that, you know — at least you SHOULD know it, as the stakeholder of the business. Some owners fail to fulfil or undertake the responsibility of running their business and would instead delegate the tasks to various quarter and wash their hands off. In other words, they refrain from taking the onus and responsibility of their own business.
As the owner of a business, you are supposed to take responsibility for each and every aspect of your business, and that should definitely involve your business finances. You accountant will just play second fiddle, helping you out.
However, when you ask. “How is my business performing?”, that will cut a very sorry figure of yourself as an entrepreneur in the business circle and of course, to your accountant. Refrain from asking such unprofessional question. That is the last thing that your accountant in London Canary Wharf will expect from you.
Never ask them to bend rules
This is a strict NO-NO! NEVER ask your account to bend rules p not even once! NEVER compromise your relation with your account by requesting them to do something that is against the law and professional ethics. This will damage your goodwill as an entrepreneur forever, even if the authorities do not catch you!!
