Yes, I know that many (most?) accountants are almost exclusively focused on completing clients’ Self Assessment tax returns in January. But if you have logged into AccountingWEB for a short break you may want to bookmark this article, reports Mark Lee.
As 2012 dawns here are 10 New Year resolutions that I would encourage ambitious accountants to make. In each case I have included a link to an article on AccountingWEB that explains the idea in more detail. Which of these resolutions resonates with you? What are YOUR New Year resolutions?
1. Reducing the January rush
I will take responsibility for allowing so many of my clients to delay sending me all the information I need until January. I have had enough and will start planning now to stop this continuing year-after-year. (See ‘Tax returns: Your key to better client service’).
I will release cash by reducing my lock-up to 60 days through more prompt billing and applying my standard credit terms whenever clients fail to pay on time. (See ‘How do you charge?’)