30 May 2021 marks Accounting Heart’s fifth birthday Woo hoo! Have we achieved everything we wanted to achieve? No. Have we achieved things that we never thought were possible? Yes! Are we proud of what we have achieved? ABSOLUTELY.

This year, I decided I wanted to spread my wings and enter a few business awards. It is not normally something I do, being an accountant, I am used to being in the background. I entered the Women in Finance 2020 and won Accountant of the Year.

You know the saying prior planning prevents poor performance? This applies to getting ready for tax time…and there is no time like the present. While we are in the thick of the tax season, you have a little breathing room to get organised and prepared for when your trusty accountant prepares your business or personal income tax returns. Here are five things you can do to make it easier for yourself and for your accountant:

Getting accounting software isn’t always a priority for most business owners. Because at first look it may seem like an expense. But believe it or not, it can actually save you money in the long run. In this 4th of a series of 5 videos to help you reduce accounting costs, I’ll cover: how you can say goodbye to paper and hello to real-time accounting, how to reduce the back-and-forth with your accountant, my recommended accounting software and how one of them works especially on saving you time, and what you’ve been waiting for – tips to use it efficiently and how it can save you loads of money.

This is the 2nd in a video series on how you can cut back on accounting fees in a simple and efficient way. These tips will also help you build a long-term relationship with your accountant without burning them out in the process. In this 2nd installment, I’ll walk you through some steps on: how to get your paper work and other financial info organised, how to help your accountant get all the details he needs and work straight away, what systems you can set up, and my suggested filing process for all your documents.

Reducing accounting fees may sound counter-intuitive coming from an accountant, but it actually is a win-win situation, both for you, as a business owner, and your accountant. That’s why I created this video series to give you 5 effortless tips to minimise accounting costs while building a good and ongoing relationship with your accountant. In this first video, you’ll learn: the most important step you need to have in place for all the rest of the tips to work, why this first tip will help save you money in the long run, and what you can do when you haven’t given all information and your accountant is asking for more details.