We offer a number of fixed price monthly accounting services to business owners. Have a read below to see how we can manage your finance function.
At Bluestone Accounting we focus on providing efficient and simple tailored payroll solutions to match your business and HR needs. Outsourcing your payroll to a dedicated service provider ensures that your employees receive the correct pay and that all taxes are deducted in accordance to Revenue requirements. We recommend a full solution package from process hours, printing payslips to calculation of PAYE and PRSI liabilities to submission of returns and more.
The recording of financial transactions within the business is vital for ensuring accuracy on the performance of the business, ensuring that tax liabilities can be correctly and accurately calculated and is the basis from which we can assist you in analysing and identifying where your business core strengths and weakness are. Bookkeeping covers basic record maintenance, accounts preparation, and main reconciliations such as Banks, Debtors, and VAT. We use QuickBooks Online to manage your bookkeeping to give you real time information on your business performance.
Annual Financial Statements
At Bluestone Accounting we prepare Year End Financials to the highest standards in accordance with the latest Companies Act requirements for audit exempt companies and sole trader accounts for those self employed. Accounts are prepared in line with the International Accounting Standards. Financial Accounts are the basis for building a picture on both your businesses performance through the financial year but also as an indicator of the wealth created within the business. Such accounts are ideal for raising finance and for calculating corporation and income tax.
Company Secretarial Compliance
Every company registered in Ireland must comply with the Companies Act in submitting annual returns to the Companies Registration Office (CRO) and at a minimum of holding annual AGM meeting and recording the meeting. At Bluestone Accounting we ensure you are fully compliant by managing these returns and company secretarial requirements on your behalf and advising clients on best practices to adapt.
Business Planning and Forecasting
Projecting and forecasting business growth is essential for both new and existing businesses. It provides the roadmap for business owners of the financial milestones of the business to achieve. We have a wealth of experience in preparing forecasts and budgets for new companies seeking to raise finance, and for existing businesses to identify cash flow requirements in growth cycles.
At Bluestone Accounting we focus on accuracy and attention to detail in ensuring that all personal taxes are calculated correctly and that available reliefs to you are utilised in minimising tax liabilities. Our goal in to ensure that your personal taxes are submitted on a timely manner to avoid penalties and interest and to give advise on how best to meet the deadline.
For all companies, the main tax they will be subject to Corporation Tax on their trading profits. We ensure when calculating and preparing your company's corporation tax that we advise you on maximising available corporation tax reliefs and capital allowances.
Value Added Tax (VAT)
We calculate Value Added Tax (VAT) Bi-monthly calculations and submission of Bi-monthly VAT returns to the Revenue for clients. The preparation of VAT is done in conjunction with the bookkeeping services. This allows business owners the confidence to know that all VAT inputs are correctly recorded and offset against VAT outputs.