Bookkeeping
At Power Payroll & Bookkeeping, we appreciate that bookkeeping can be onerous and time consuming, diverting energy and resources from the core activities of your business.
When days run into weeks, and weeks into months, getting on top of, and keeping on top of, the various requirements can seem overwhelming.
Trust us here at Power Payroll & Bookkeeping to take the fear, stress and headache out of the entire process, leaving you to concentrate on doing what you do best - running your business !
Day to Day Bookkeeping
We provide an economical yet professional service that ensures you keep abreast of what's really going in your business, with key data available at your fingertips, allowing you to make key strategic decisions
Sample services include:
- General Book-keeping from source documents (invoices, receipts, bank statements etc) necessary to generate your VAT summary for each VAT period.
- Ensuring that at all times your books are kept up to date.
- Full suite of reports, tailored to suit your business needs
- Categorizing all your transactions in order to balance and reconcile all your bank and merchant accounts
VAT calculations and filings
- Monthly/Quarterly summaries of VAT input, output and liability.
- Advice and support in ensuring that you are applying the correct VAT rates for your business and are maximizing the value of VAT recoverable on inputs;
- Advice and updates on any changes in the VAT regulations affecting your business;
On-line filing of VAT returns with the Revenue Commissioners in a timely fashion, to avoid penalties and charges; - Annual VAT reporting to the Revenue Commissioners;
- Ensure that at year end, that you and your Accountant have everything you need to complete your Revenue return on time.
Additional Services
- Clear the back log - we can help get your books up to date
- Weekly Invoice & Payment tracking
- Credit Control - we provide an extra service to chase overdue invoices thereby reducing customer payment times, improving cash-flow
- CSO - Statutory Returns