Choosing an accounting partner is mostly about getting the scope right. These questions help you compare providers on the things that matter month after month.
Scope and quality
- What exactly is included every month? Ask for a written list: bookkeeping, reconciliations, GST, TDS, payroll entries, reports.
- Which accounts do you reconcile, and how often? Every bank account, card and wallet, every month, is the standard to ask for.
- Do you close the books each month? Or only prepare entries?
- What report will I receive, and when? Ask to see a sample format.
- Who reviews the work before it reaches me?
Pricing and terms
- How is the fee calculated? By transaction volume, by entity, by service?
- What is outside the fee? Catch-up work, notices, annual filings, extra registrations.
- What happens when my volume changes? How much notice do I get?
Access and continuity
- Where do my books live, and who owns them? You should always have access to your own books.
- How does handover work if we part ways? A clean exit plan is a good sign of a confident provider.
Red flags
- No written scope, only a price.
- Filing without reconciling.
- A single person with no review or backup.
- Reluctance to share access to your own books.
How FigureWise answers these
FigureWise gives every client a written scope and a monthly fee before work starts, reconciles every account monthly, closes the books, and sends a monthly pack in a format agreed upfront. The books stay yours.
