Choosing the Best Accountant
Conor Gallagher
Choosing an accountant is one of the most important business decisions you will make if you are starting a business or if circumstances in your existing business change. Most actions or decisions you take in business has some sort of financial dimension. Therefore, having a …
Five Strategies for Business Owner Time Management
Concentrating on important tasks in a time efficient manner significantly impacts how you run your business, how your colleagues interact with you and improve overall work life balance …
Everything You Need to Know About VAT and Registering for VAT in Ireland
Colin Keane
VAT is the tax added to the value of goods and services at each stage of production, distribution, and sale to the end consumer. Once a business owner has completed VAT registration, they are obliged to charge VAT on the products and services they sell. …
COVID Supports Update
Below is a summary of the COVID-19 Support Updates as updated in June 2021. The extension of the Employment Wage Subsidy Scheme to 31 December 2021. The extension and enhancement of the Covid Restrictions Support Scheme to provide additional support to businesses upon re-opening and …
COVID Supports for Music and Entertainment Sector
This scheme opened for applications at 1pm on 9 June 2021 and will close on the 7th July 2021. A fund of €14m is available for the new scheme which will make a contribution to costs in businesses in the live entertainment sector that have …
E-Commerce Accounting Tips You Should Know
As an ecommerce business grows, finances become more complicated. All money in and out must be properly categorised, analysed and tax must be declared. Without having a proper accounting system in place, this can become overwhelming for business owners. The success of an ecommerce business …
SaaS Start-Up KPIs You Should Be Tracking
Many SaaS business founders are overlooking some of the key performance indicators (KPIs), they need to gain an accurate insight into their financial position, make informed decisions and measure their progress towards their business goals. The Five Types of SaaS Start-up KPIs There are five types of …
Tips to Optimise Expense Management for Start-Ups
All businesses should have proper expense tracking and reconciliation in place. However, many start-up businesses often look only at their overall outgoings each month. This can lead to spending more than the business can afford, calculating cash on hand and cash zero date incorrectly, and …
Everything You Need to Know About Automated Bookkeeping
Automated bookkeeping is when bookkeeping is completed using computer software. Automated bookkeeping has the ability to mimic human data entry in finance software tools, using artificial intelligence and machine learning technologies. Tools such as Xero, use automated bookkeeping to complete basic data entry, for example, …
The Benefits of Digital Transformation for Your Business
The pandemic heightened the awareness that digital transformation is not only about the future. More companies are realising they need to improve their digital capabilities, turning to areas such as e-commerce, remote working, and cloud accounting to protect their business. However, digital transformation involves radically rethinking of …
