[log in to unmask] wrote:
>
> How quickly do other accountants get draft accounts out for a stable 6
> partner practice? How much are you charged (our bill is around 7k UKP). Does
> anyone have a level of service agreement with their accountant and how easy
> was it to set up?
>
We have a year end of 30th June also and received our draft accounts
today for a very unstable (this year) 6 partner practice. We also have
fixed monthly drawings with bonus at the year end (very nice!) but no
service agreement with our accountants in terms of time taken to prepare
accounts etc..
I'm not sure about the accountant's bill this year but it is nearer 4k
UKP than 7k. Are the accountant's being expected to do a lot of the
donkey work with your books? e.g. total every column, decipher every
invoice/receipt - this takes time and bumps up the bill.
I've recently computerised the books with Quicken which gives a clear
breakdown of income and expenses as they happen rather than at year end
and I'm hoping will knock a sizeable chunk off our bill next year.
Yours,
Bill
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