As you may know I manage the above group on Linkedin with over 3500 members.
We are starting a Members Benefits Scheme for our members with offers from fellow members.
Initial Offers Valid Until 31st January are as follows
VoltaireDiamonds.ie 10 % Discount Call Seamus Fahy at 0862477097
MerrionVaults.ie 10% Discount Call Dave Walsh 086 6074211
DesignConcepts.ie 500 business cards 69 plus VAT Call Derek De Jong 0876504269
Gahan.ie Xero online accounts software 20% discount Call Paddy Gahan at 0868070262
MunsterJoinery.ie Call Window Expert Hazel O’Dea at 087 2524502
SO DON’T DELAY CALL TODAY TO AVAIL OF THESE OFFERS
Is your bookkeeping still in the “olden days” of when the accountant (or bookkeeper) took care of everything and the client had no access to the books at all. In a lot of cases, clients have decided that they’d rather not be doing the bookkeeping at all and would rather leave this to us.
A question I am always asked is.
“How do you provide bookkeeping services when you are not at the client’s location?”
How We Do It
1. We give all our clients free access to Xero online accounts. Xero is available 24/7 via internet connection.
2. Our clients usually raise and issue all sales invoices on Xero.
3. All other accounting records ( purchase invoices, receipts, bank statements etc.) are scanned and emailed to us.
4. We then process and enter all these items on Xero.
5. Our clients, of course, have access to all this information online anytime anywhere.
In my own business, I’ve been working with clients 100% virtually since 2010. So if you want to streamline your bookkeeping and accounting please call us at 6684411 for further details.
One of the keys to Xero’s success is that the software is built around a solid global accounting engine designed for the cloud to connect small businesses and their business advisors.
It’s these foundations that allow Xero to move much faster than the incumbents.
This is a question I am being asked on a daily basis by worried contractors.
In the South West region 123 cases have been settled to date.
The average settlement has been 40,000 euro.
Total amount for settlements to date is 4.2 million with a further
2 million being paid on account.
So it is easy to understand why Revenue have decided to extend this audit investigation nationwide.
If you are a worried contractor and want an independent review call our
CONTRACTOR HELPLINE AT 6684411
A REVENUE crackdown on professionals who evade tax by pushing inflated expenses through specially incorporated companies is to review the tax affairs of up to 3,000 individuals nationally.
The investigation, which is expected to last three years, follows a pilot project in Munster.
Eoin O’Domhnaill, the Revenue’s principal officer for the south west, told a seminar organised by accountants Noone Casey last week that the pilot project uncovered “flagrant and outrageous claims”.
One contractor claimed his honeymoon in Florida as a business expense and another claimed for the company’s “annual meeting” in Portugal.
Practices uncovered by the Revenue also included the employment of spouses, parents and grown-up children as employees of contractor companies. In certain cases, the employees weren’t aware that the contractor was claiming to pay them a salary. There were also examples of relief claimed for bogus pensions.
At some companies, expenses and subsistence claims equalling 70% of turnover. Average settlements to date have been around 30,000.
There are a lot of worried contractors out there. If you are one of these and need an independent review of your accounts please call Paddy Gahan at 01 6684411.
Xero is the best thing to happen to accounting software in 20 years. If you’re not using Xero for your accounting, you’re missing out.
As you can tell, at Gahan.ie we love Xero. Our clients love it too.
Weird, huh? Using the word ‘love’ in relation to accounting software seems strange doesn’t it? (Even for us accountants!)
Our accountants are implementing Xero with virtually all our business clients. As a result, Gahan.ie Accountants & Advisors are one of Ireland’s leading xero providers
This means when you get started with Xero with us, you’re not only in expert ‘Xero Guru’ hands. We use Xero for our own business so you’re dealing with accountants who are enthusiastic and keen to help and train you in how to best use Xero.
And enthusiasm counts.
I hear it every day here, when accountants are on the phone speaking with clients who are being stepped through our Xero Setup & Training Package. Our team’s passion for this brilliant time-saving, stress-reducing piece of technology just comes out in how they explain it to clients.
Enthusiasm rubs off.
If you’re anything like all our clients who have switched to Xero already, we know you’ll be just as enthusiastic as we are about how easy and pleasurable Xero is to use.
So to get a free test drive contact us at 6684411 or email firstname.lastname@example.org
Imagine Having a Seasoned FC to Help Guide Your Business Decisions.
Larger businesses have a Financial Controller (FC) on staff. They can afford to. They also understand that they cannot afford not to, because the FC plays such a crucial role in a business, keeping an eye on the numbers, helping with accurate forecasts, giving solid information to the business decision makers, as well as helping with decision making.
But what can small and medium sized business do, to get CFO input and
The answer: You out-source it. You get a part-time, out-sourced FC until you can afford one full-time.
That’s where we come in.
Our ‘Your FC’ service has been developed with input from our clients to make sure it’s the ideal mix of support service and affordability.
As ‘Your FC’ we roll our sleeves up and work with you in finance meetings throughout the year on:
• Cash flow – Efficient management of cash flow to provide cash for saving or growth
• Profitability – Identifying key drivers of profit and focusing on these
• Business value – growing a valuable and saleable business asset
• Structure management – Risk and taxation issues
As business owners, we all know we need to measure and monitor Key
Performance Indicators (KPI’s). That is, the numbers that really matter in running our business. It is also important that you have a ‘KPI dashboard’ with a future-focused approach with forward targets, utilising historical information to assist in monitoring and direction.
The targets need to be relevant to your business direction and strategy and the current identified issues.
As your FC, we bring to the finance meeting with you clear reports, real-time KPI information, and as well we will discuss:
• Profit (historical and future)
• Cash flow (historical and future)
• A mixture of focusing on ‘Lead indicators’ which drive performance and ‘Lag Indicators’ that measure the outcomes
• Marketing activity and effectiveness
• Operational efficiencies such as work in progress issues
• Financial indicators such as debtor turnover
• Team efficiencies, knowledge, morale and safety.
As an experienced ‘sounding board’ for you in making your business decisions,
and by helping with your forward planning for achieving the next period’s targets, our ‘Your FC’ service and support gives you a crystal clear focus for
what needs to be done to achieve the goals of your business.
Your next step … Call us on 6684411 or email us on
at email@example.com for a no cost and no obligation meeting to discuss
how we might work with you as ‘Your FC’. We’ll then outline the costs so you know exactly what lies ahead.
CHECK OUT OUR FIXED FEES http://gahan.ie/fixed-fees/
Company sets-up safety deposit vault as burglaries rise and people fear banks
Merrion Private Vaults is the brainchild of David Walsh, who works in advertising, and Voltaire Diamonds owner Seamus Fahy, and is located just off Merrion Square in Dublin.
Traditionally banks have provided boxes in various branches but are now ceasing or have ceased to provide them, said Fahy.
“People from urban and rural areas have indicated that as the bank closed its branch in the area, they have nowhere to put valuables. Home burglaries – often with extreme violence – are on the increase,” he added.
The vault, which has been constructed using the very latest state-of-the-art security technology, will have several thousand safety deposit boxes of varying sizes and can be rented on an annual basis.