Interfacing with my CPA – Support for Small Businesses

                 These simple questions will help you keep your CPA running smoothly no matter what model or version you’re using.

1.  Is your CPA plugged in?

                Ensure that your CPA regularly receives information about your business.  Your CPA is programmed to operate on whatever information it has and assume that information is current.  Make sure your business’s financial records are connected to your CPA.  If there are business related emails more important than daily activity, you might forward them to your CPA as well.  This will allow your CPA to record and report investments and other dealings promptly and even assist you in executing them if desired.

2.  Are you logged in correctly?

                Check to see that your CPA has all necessary information.  Your CPA will need certain information about yourself or your business in order to function properly.  Your CPA can tell you everything required upon request.  The information needed will vary depending on what your CPA is doing.

                Keep in mind that CPAs have different modes such as tax preparer, CFO, bookkeeper, and more.  Operating your CPA in one mode may require more information than another mode.  Again, your CPA can list all needed information upon request.  There may even be an unimportant looking email from your CPA on this subject sitting in your inbox.

3.  Are you running the correct mode?

                Make sure that you have engaged your CPA to function the way you want.  If you are having your CPA file reports with the SEC, the CPA will need several components, including a balance sheet, income statement, and cash flow statement.  These may be generated by your CPA or by yourself and then sent to your CPA.  Make clear to yourself and your CPA who will be producing these documents.

4.  Are you running current software?

                If you answered question 1 affirmatively, then this issue is likely taken care of by automatic updates.  Your CPA is regularly downloading everything needed from your business.  However, your CPA may encounter additional requirements, especially at certain times of year.  Should this happen, your CPA will prompt you for additional information.  Quick response is highly recommended.  Too much delay may result in your CPA freezing up, difficulty running programs, or, worst of all, an error, which often results in financial loss.

We hope this short list of common CPA issues was helpful.  Should you have further issues or questions, please visit http://www.clearfinancials.com/contact.htm, and we will be glad to assist you.