Outsourced Accounting and Bookkeeping

Owner/managers need to devote as much of their working time as possible to running their business and generating income. Every hour you’re stuck doing accounting or tax compliance work is time that you are losing the opportunity to generate valuable revenue.

ACote can deliver you tailored Accounting and Bookkeeping services that are cheaper than an in-house bookkeeper with their associated costs, giving reliable financial information and guaranteeing compliance.

Why Outsource your Bookkeeping?

To Save Time
To Save Money
Because it’s a Service Cost – i.e. you don’t have an employee
No fixed contract length - It’s flexible

Costs are agreed upfront, there are no hidden fees, and it enables easier tax compliance.

Our outsourced Accounting and Bookkeeping service is tailored to your specified requirements. ACote can look after your entire accounting function, or we can work on a collaborative basis with your existing staff and provide expertise in just the areas you need us to.

In delivering our outsourced Accounting and Bookkeeping service we can cover a large range of activities:

Accountancy

Annual Accounts Preparation – for submission to your Auditor and/or Tax Agent
Management Accounts – Monthly, Quarterly
Maintenance of General Ledger
Provision of completed trial balance, profit and loss and control accounts
Accounts system set up for new businesses
Provision of cloud accounting software, initial set up, support and training
Tax Control Account Reconciliations
Maintenance of Fixed asset Register
Tailored analysis of financial date – where specified

Bookkeeping

Inputting of sales and purchase invoices
Maintenance of Accounts Receivable
Maintenance of Accounts Payable
Preparation of Bank Account and Bank Reconciliations
Petty cash and cash reconciliations
Expense Claims
Credit control

Payroll

The provision of payroll software and initial setup
Calculation of weekly/monthly payroll for all employees and the provision of payslips
Provision of payroll report of total employee payments and cost control reports
Departmental analysis of wage costs where required
Registration and cessation of employees throughout the year
Maintenance of an employee register
Preparation and submission of monthly P30 returns and facilitation of payments
Preparation and submission of annual P35 return
Liaising with Revenue on your behalf when required

Value Added Tax

Processing of sales invoices and maintenance of sales day books
Processing of purchase invoices and maintenance of purchase day books
Preparation and submission of VAT 3 returns and facilitation of payments
Preparation and submission of annual VAT Return of Trading Details
Liaising with Revenue on your behalf when required
Preparation of VAT 58 – claim by an unregistered farmer for refund of VAT

Income Tax

Preparation of Income Tax returns for individuals
Preparation of Annual Return of Income Form 11 for company directors
Review of income tax assessments for PAYE employment individuals
Submission of same to the Inspector of Taxes

Relevant Contracts Tax

Processing of relevant contracts and payment notifications
Preparation and submission of monthly RCT returns and facilitation of payments
Preparation and submission of annual RCT return

Other Complementary Services

Tax Registration
Tax Clearance Certificates
Registration of Business Names
Company Secretary
Grant Applications
Consultancy Services – setup and training of accounting and payroll systems