Choosing the right accountant is like choosing a life partner. You might think ‘that’s way too dramatic!’ But the truth is, your accountant will become a partner you can trust on. And behind every growing business, there’s an accountant who offers advice and guidance in running the business. Read on to find out some of the things you need to look out for in choosing the right Perth accounting firm for your business.

LOCALITY
While businesses are emerging to an online trend, locality still has its say in running a business. In saying so, it is important to ask yourself, whether physical location of your accountant would make a difference to you. With the latest cloud-based accounting system, a business owner can share their real-time business information to the accountant by a single click on their monitor screen. However, having a local accountant close by might be an advantage when there are certain things that need to be discussed in details. Having a face to face meeting with your accountant will also build trust naturally. Ultimately, it all comes down to your preference and whether the Perth accounting firm you choose is an expert in your type of business.

ACCOUNTING SOFTWARE
Second item to consider in choosing the right Perth accounting firm is the accounting software you are going to implement in your business. There is a lot of good accounting software out there, all promising productivity to your business in different pricing packages. Think about whether you will need to prepare the book by yourself or getting a local bookkeeper to assist you with this. If you have decided to do it your own, it’s best for you to do a little research on which software would benefit you more. While most of the accounting software performs similar functions, depending on your needs and preference, you might need to consider the ease of use, interface and compatibility with your operating system, whether it is Mac or Windows. On the other hand, if you are going to let your local bookkeeper do the job, make sure your bookkeeper is an expert in using that particular software.

ACCOUNTING FEE
Let’s be honest, this item is very important in determining which accountant are you going to choose. Nobody wants to pay for an overpriced fee that does not deliver the services promise. In choosing your Perth accounting firm, consider the size of your business. A small to medium size business may not need to incur as much fee as a big business. Also consider the workload to be processed. If you have a substantial number of activities and/or payroll within a period, the fee incurred will be comparable to the work performed. The fee will also depend on the expertise of a certain Perth accounting firm. After all, you don’t want to engage an accountant who doesn’t know what they are doing.