Category: For Accountants

As the title clearly states, this is now the third part of our four-part series about how you can get more clients. If you missed the first two, here’s the first and second five.MeetupsMeeting up with people is one good way to expand your reach. But where do you find people with common interests?Meetup.com may be the answer.Just create your account then start searching for groups you’re interested in. If you can’t find one, you can create a group of your own then wait for others to join.NicheThis method may not be a specific how-to, but choosing your own niche makes it easier for you to find clients.Would you like to work with businesses in the real estate? Law firms? Software industry? It’s your call.The best part of concentrating on…

Here’s the second part of our getting more clients series. If you missed Part 1, you may check it out here. Otherwise, here’s the next five: Free advice In a previous post, we shared how adding value to your service attracts more clients. And one of the values you include is offering free advice. Who doesn’t love free stuff? This is especially beneficial if you haven’t established your name yet. Potential clients don’t know yet what you can bring to the table, so giving them free financial advice will get your foot on the door. Some of the places where you can get potential clients are listed in the first part of this blog. Alternately, you can join groups such as Philippine Tax, Accounting and Audit Forum and Tax Help…

We know getting accounting clients is not an easy feat, especially for rookies. So we compiled several tips and tricks that worked for a lot of other accountants that we know and us.What’s more:We made sure this list applies to our local accounting environment. Hence, you’re assured you won’t run out of ways to score accounting clients:Ads (Boost post on facebook)Did you know that Facebook gives you $30 you can spend on boosting posts or what we call ads?If you create a page for your service, Facebook offers a $30 coupon you can use. With this amount, you can promote your page, your posts, or your website.In case you’re promoting your Facebook page, make sure it is optimized for maximum reach and reactions.If you’re not sure how to do it,…

Getting more accounting clients is probably every accountant’s goal. Hence, we have a list of things to include in our practice so we can reach more market. But did you know getting more customers do not really need rocket science? Blake Oliver shares you only have to consider only two criteria: Ease of use Price Before discussing these two points further, let us just clarify that these points are actually the top criteria that business owners ruminate on when choosing who to bank with. But as an accountant, you can also apply these to your practice. Ease of use In the accountants’ world, ease of use may translate to client-friendliness. If you enjoy shopping at a place where the salespeople are mataray or unapproachable, something may be wrong with you.…

To say that accountants are overwhelmed with their tasks is an understatement. Hence, to make these responsibilities more bite-sized, we come up with to do lists.But have you had that realization that your lists do not seem to end no matter how much you tick items off it?That’s probably because you have been these things. And if you do, it only means you’re doing your practice wrong.6 things you do wrongGiving accounting advice for freePreviously, we mentioned that adding value to your business through free advice is one of the best ways to get more clients.So are we changing our minds?No. Not at all.What we’re against is putting so much effort into “adding value to your business” for free that your time actually suffers. How many times have you talked…

Who should file 2550M? If you’re a VAT-registered business or a business required to register as a VAT payer, you should file for 2550M. When is the deadline for 2550M? 2550M must be filed and paid for not later than the 20th day of the following month for eBIR and for eFPS. However, for some groups, eFPS may be paid for until the 25th. What happens if the 20th falls on a weekend or a holiday? BIR usually moves the deadline to the next working day. Where do I file? 2550M may be filed via eBIR and EFPS. For eBIR filing, you file online then may choose to pay via:Authorized Agent Bank (AAB)GCashOnline paymentAuthorized Municipal or City TreasurerNote that the AAB depends on your location. For a full list of…

When the tax season ends, it’s normal for us to take a chill pill until the next season is about to begin. We are in no way against this practice, but have you noticed how this affects us every year because this cycle doesn’t seem to be broken? We work overtime as the busy season starts picking up until we’re able to submit all the required reports. Then we lean back until the next tax season and undergo the same stress and hectic schedule. How do you end the cycle? Here are two tips from the experts: Put the previous tax season in retrospect. Identify the great things and bad ones. Which aspects were executed with ease? Which ones need improvement? Be realistic and honest. If your staff has to…

Tax season is that time of year your stress level as an accountant is as high as Santa Claus’ and his elves at Christmas time.The sad part is we have been used to the onset of tax season stress that our minds have been programmed to overwork come the first few months of the year. We no longer look for ways to lessen the pressure and the stress that it entails.But with these simple changes, you can actually enjoy the usually stressful tax season.Manage accounts incrementallyBlame our Spanish ancestors for introducing the Mañana habit because this trait is one of the reasons our workload gets piled up come the deadline.Or…We can also get rid of it altogether in our practice. Here’s how.Instead of isang bagsakan when updating your clients’ accounts,…

It is a bit quite late writing this, but it’s still January so it’s still the start the year technically. Plus, we all believe in the saying “Better late than never.” So here we are sharing what you should be part of your new year’s resolutions that can help boost your presence in the community. Whether you have been in the business for long or are just starting to build your empire as an accountant, you should get a thing or two from these tips. Without further ado, here are the things you should embrace so you’re off to a good start this year. New Year's Resolutions Accountants Should Have Create a LinkedIn profile. It’s 2018 you guys, and we all know a Facebook profile is not enough. Taking advantage…