Living and working in Thailand might seem carefree. From the white sandy beaches, to the gorgeous, golden temples, to the warm, tropical climate. Thailand is, without a doubt, a paradise, but that doesn’t mean finding a first-rate accounting service is. When it comes to an accountant, you want nothing but the absolute best; however, knowing where to find it can be challenging. So, follow these three tips to point you in the right direction.
The selection of an accountant and an accounting service isn’t just about who is going to offer you their services, it’s about so much more. This is about your money and your livelihood. Which makes the selection of an accounting service a difficult and important one. Therefore, be sure to seek out a service that prides themselves on a core value-based set of ideals. You want to be able to instill your trust in your accountant and know your money is in good hands. At the end of the day, you want your accountant’s vision to match the vision you have for your account or business. The best accounting services will stand out not because of flashy deals or lower rates, but because of the values they bring to the table.
Certifications and Experience
You don’t want to entrust your accounting needs to just anyone. No, you’re looking for an accounting service in Thailand that has accountants that are both fully certified and have extensive experience. While searching for an accountant, carefully research their level of certification, their education, and the amount of experience they have in accounting.
One important certification to keep your eyes peeled for is the Xero certification. The best accounting services will have accountants that possess a Xero certification. This certification ensures your accountant will be able to work internationally, with more than one country at a time to manage your account. Furthermore, you and your accountant will have 24-hour access to your account, thus, saving you time and giving you piece of mind.
Your finances are of the utmost importance to you; naturally, and therefore, you need an accounting service that gives you a wide range of services. The best choices out there should offer services such as monthly account and annual financial statement preparation, tax compliance information, annual statutory preparation, administrative accounting counseling, and budgeting and forecasting advice, just to name a few. It’s important, while looking through the wide selection of accounting services, you make it a point to check and then double check who can offer you the most in terms of services.
Selecting an accounting service can seem like an overwhelming process. Afterall, this is a vital aspect of your life and business. That being said, selecting a service and an accountant doesn’t have to be a stressful process. Simply keep in mind the importance of a firm’s values, the certifications their accountants have achieved and what services they can offer you. Follow this advice and you’ll be on your way in no time at all! Good luck!