When it comes to managing your finances, you need somebody you can have confidence in, who will throw the lifeline when you are facing trouble, who will act as the financial mainstay of your business.

Someone who will anchor the monies, safeguard the finances, be a tower of strength and – yes – provide that safe pair of hands that you so badly need.

The cost of a full-time accountant can be a concern for many businesses, and a part-time accountant working on their own may not have the capacity to grow with your business, nor be in a positon to offer the resources required to deal with all the financial matters experienced with growth.

As an outsourced supplier, we can offer a part-time service at a fraction of the cost, while you grow your company to the size that warrants the employment of a full-time accountant. In particular, we ensure:

  • Improved productivity – quicker project completion;
  • Improves capacity – we enhance your internal structures for efficient management of your finance, compliance and reporting requirements;
  • Risk mitigation – applying the best procedures and internationally recognized standards to manage risk;
  • Cost transformation – providing an improved cash flow advantage; and
  • data privacy and control – making it harder for documents to go missing and easier for items to be tracked.

Value Added Advice

We can provide high value advice in relation to:

  • Monthly reporting
  • Analysis
  • Support in decision-making
  • A proactive interest in your business

Whether you are just starting out in business, or finding the administration burden of core finance activities an inefficient use of your time, we will take away all that troubling paperwork and turn it into reliable reports and accurate returns for all the relevant interested regulatory authorities, including the Revenue Commissioners.

Record Keeping

We provide the following services:

  • Writing up books and records from base documents.
  • Reconciling bank accounts, debtors and creditors.
  • Preparing VAT returns.
  • Preparing PAYE returns.
  • Nominal ledger.
  • Monthly management accounts.
  • Analysis of monthly information.
  • Preparing and maintaining budgets.
  • Benchmarking against industry standards and averages.
  • Audit pack and end of year financial statements.

Monitoring and analyses

Effective regular monitoring of financial results is an important step towards maximising the outcomes for your business.

We can assist you in extracting results on a regular basis and interpretation of results. We can work hand in hand with you to make improvements to the business plan and provide you with the financial and management advice needed to set up systems in line with current best practice to produce the information that you require, and will be required of your business by financial organisations.

The following are examples of KPI’s that we provide, where appropriate:

  • Turnover by daily, weekly or monthly performance.
  • Margin by daily, weekly or monthly performance.
  • Numbers of enquiries and conversion to customers.
  • Units of product moved.
  • Margin per product type.
  • Margin by department.
  • Margin by sales person.
  • Margin by staff person.
  • Margin by location.
  • Benchmarking against industry standards and averages.

VAT and PAYE Services

VAT and PAYE Tax Returns are required to be filed and paid on the 23rd of the month for the previous period. Our comprehensive and reliable VAT and payroll services will save you time and money by allowing you to focus on your business whilst we focusing on ensuring your payroll runs smoothly and your returns are filed in a timely manner.

Invoices received before the date of closure of the accounting period are included in the current period’s VAT return, while those received after are retained for inclusion in the subsequent period.

As part of our payroll services, payroll is run on the 25th of every month for all salaries and on the Monday for the previous week’s wages and paid on the Thursday or Friday, one week in arrears.

If you are considering a switch, to find out more, contact us today.