Out With The Old, In With The New

Most people are familiar with the saying ‘out with the old, in the with new’ but what does it actually mean and how does it work?

We thought for a bit of fun (it is nearly Christmas, after all) we’d use the topic of changing accountants to explain this idiom along with reasons to change to JSM Accounting. Plus, of course, the benefits.

So here goes …

Pretend you’re a fly on the wall witnessing a conversation between two friends.

Rob: I’ve made a decision

Joe: OK?

Rob: In the new year I’m going to switch accountants.

Joe: But you’ve been with your accountant for years, he’s almost part of your family.  

Rob: Well this is it. My mind’s made up. The new year is fast approaching so out with the old and in with the new, that’s what I say! I’ve arranged to have a meeting with another accountant to see how they can help me and my business move forward.

Joe: Well good luck, but your accountant’s not going to be happy.

Making a Fresh Start

As you’ve no doubt gathered from the conversation between Rob and Joe, ‘out with the old and in with the new’ means leaving things or ideas behind and starting fresh with new ideas. People tend to say this at a beginning of a new year or when something new is beginning.

Perhaps you’re considering changing your accountant

If so, you’re certainly not alone.

Many Australians have ‘change accountant’ on their list of things to do but many never get around to doing it because they perceive it to be a complicated process.

Whereas, in reality, it’s surprisingly easy.

But before we tell you how to go about changing accountants, let’s look at reasons to change your accountant.

When should you change accountants?

There are several reasons to consider changing your accountant and we’ve listed the most common ones below.

  • My accountant never returns my calls or sends me an Email. I always have to chase them up.
  • My business has grown and my accountant no longer suits my requirements
  • My accountant does little to help me minimise my tax
  • My accountant isn’t proactive with financial advice
  • My accountant isn’t up to date with the latest Cloud accounting
  • The prices keep going up inexplicably

Does this ring any bells with you?

Now many people put off changing their accountant because deep down they’re scared of change. As Joe pointed out, Rob’s accountant is almost part of his family.

But here’s the thing …

If your accountant has become complacent and you’re no longer getting the comprehensive service that was promised or the tax advice that your business needs, then to all intent and purpose, he’s holding your company back.

So while it may be a conversation you’re kind of dreading, switching accountants is the only choice you have.

How to change accountants

Rather than facing a tricky situation head-on, why not email your accountant or give him a call. Explain that you want to cancel the service right away or from a specific date. Keep the conversation professional but short and state that your new accountant will be in touch shortly to ask him to provide any requisite information.

That’s honestly all there is to it. When you switch to JSM Accounting we complete the process which should only take a few weeks. No hassle, no stress, we promise!

Why change to JSM Accounting?

We’re a small boutique accounting firm with a team that’s made up of unique professionals and networks to give our clients the best possible outcomes available. Here are just some of the benefits of switching to JSM.

Tailored Solutions

We understand that every business is unique and that one size does not fit everyone. We will always provide a bespoke service that meets your requirements, goals and budget so you’re not paying for services that you don’t need.

Local team in Brisbane

Clients never fail to be delighted by the warm welcome they get from our friendly team in Bellbird Park, Brisbane. From our receptionist to our office administrator, bookkeepers and accountants, we aim to wow with our customer service – and yes, we do return calls and send emails promptly!

No hidden costs

When it comes to costs, we believe in total transparency. We offer a full range of bookkeeping and accounting services enabling you to choose only the services you need. If you opt for a fixed rate monthly package, it’s easier for you to budget and manage your cashflow.

All the help you need under one roof

Our admin team, bookkeepers and accountants all work together seamlessly to deliver the results you’re hoping to achieve.

Support when you need it

We’re here for our clients whenever you need us so feel free to contact us without any extra cost.

To learn more about how we can help you get in touch with the team at JSM Accounting today. Book an appointment and discover what you’ve been missing.