Why this is the year to find your long-term Trust Accountant
We all have those friends. The ones who have been happily married for what seems like forever and still have that newly-wed bliss about them. You know the ones.
Well, now it’s your turn…. and your beloved betrothed is your Trust Accountant.
Til End of Month do you part
Nothing says commitment like making it through End of Month unscathed. To do so, you need a good team around you. And heading up that team is your Trust Accountant.
To avoid being even cornier than we already have, it does indeed take a lot of trust when handing over your accounts. Your Trust Accountant needs to be someone you have faith in and is reliable when you need it most.
Take the time to find the right fit for your business. No matter how many interviews you need to have, keep the hunt going until you find the right person for the job.
Then, once you do, latch on and don’t let go.
A good Trust Accountant will enable you to get on with the most important aspects of your business. You can take solace knowing that your trust accounts are being well looked after.
The Benefits of a Trust Accountant
Whether hiring your Trust Accountant internally or outsourcing, onboarding a Trust Accountant will bring a huge range of benefits to your business.
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Reduced admin
Your Trust Accountant will take all the administrative work off your hands with yours and your client’s financials taken care of.
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Cost Savings
Despite the initial outlay for an additional staff member, you’ll see an uptake in new clients and streamlined processes thanks to more time you’ll have to spend on business development.
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Worry-Free Compliance
This alone is enough to tip your decision over the edge if you were sitting on the fence. It’s your Trust Accountant’s role to keep abreast of all legislative changes and to ensure your trust account activities meet compliance.
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Flexibility
If outsourcing your Trust Account, you’ll have the flexibility to pay only for the services you need.
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Streamlined End of Month
We’ve saved the best for last. Having a Trust Accountant onboard means the end of stressful End of Month meltdowns. Surprise audits won’t have you losing any sleep knowing your trust accounts are in fine form.
If you would like to discuss how we can be the perfect fit for your business, check out our Trust Accounting outsourcing options. Give our friendly team a call to discuss how we can help you throughout 2021. You’ll wonder how you ever survived without us!
Jane Morgan is the Director of End of Month Angels, a consultancy firm specialising in Trust Accounting. Jane knows the legislative requirements of running a successful Real Estate office through her 23 years’ industry experience. Don’t trust just anyone with your trust accounting. Book an appointment with an End of Month Angel today.