Is your firm overloaded with SMSF administration at the busiest time of the year?
Many accounting and financial planning firms now outsource work such as SMSF preparation. By handing the preparation to a specialist, your firm can focus on advice and on serving more clients.
SMSFs suit outsourcing well, because the records and the work follow much the same pattern from fund to fund. SMSF work is also specialised, and a provider who prepares funds every day can bring experience that a general in-house team may not have.
What outsourcing SMSF preparation can do for your firm
1. Meet your deadlines
Work comes back to an agreed timetable, so funds are ready for the audit and the annual return in time.
2. Specialist work
The work is done by accountants who specialise in SMSFs.
3. Consistent work
A specialist provider keeps up with changes to SMSF law and applies them to every fund.
4. Lower cost than doing it in-house
You save the cost of recruiting and training people for the busy months.
5. Less key-person risk
Your SMSF work no longer depends on one or two people in your team.
6. You keep your clients
The work goes out under your firm's name. A good provider never contacts your clients.
At Dhan Accountants we prepare SMSF accounts for accounting and financial planning firms at one fixed fee per fund, and you keep full control of your clients. See our packages and fees. We also prepare bookkeeping, accounts and tax returns for firms: see Accounting Outsourcing.