Big Red Cloud is considered one of the best accounting software in Ireland for several reasons, particularly for small to medium-sized businesses. Here are the key factors that contribute to its popularity: 1. Irish Tax Compliance Big Red Cloud is specifically tailored to meet Irish tax regulations and financial reporting […]

1. Attention to Detail Bookkeepers handle large volumes of financial data, including invoices, receipts, and bank statements. The ability to accurately record and categorize transactions without errors is crucial for maintaining clean and reliable financial records. Small mistakes can lead to major discrepancies, so attention to detail is key. 2. […]

Here are five effective time management tips for bookkeepers to help them stay organised and productive: 1. Prioritize Tasks by Deadlines Organize your tasks based on their urgency and importance. Focus on time-sensitive tasks first, such as payroll, tax filings, or client deadlines. Use a “to-do” list or a project […]

Here are three key reasons why communication is vital for bookkeepers: 1. Ensuring Accurate Financial Reporting Bookkeepers need to communicate clearly with clients or team members to gather accurate financial information, such as invoices, receipts, and bank statements. Without proper communication, important details may be missed or misinterpreted, leading to […]

What Career Paths could a Bookkeeper Follow? For bookkeepers looking to advance their careers, several paths offer promising opportunities. Here are some of the best career changes and advancements for bookkeepers: 1. Certified Public Accountant (CPA) Role: CPAs handle a wide range of accounting tasks, including financial auditing, tax preparation, […]

Introduction In the fast-paced world of small business management, maintaining accurate financial records is crucial for success. Effective bookkeeping not only helps in tracking your business’s financial health but also ensures compliance with tax regulations and aids in strategic decision-making. In this blog, we’ll share five essential bookkeeping tips to […]

Negotiating your fee as a bookkeeper can be a crucial step in ensuring you are compensated fairly for your skills and services. Here are some strategies to effectively negotiate your fee: 1. Research Market Rates Understand the Industry Standard: Research the typical fees for bookkeeping services in your area or […]

When evaluating a compensation package as a bookkeeper, it’s important to look beyond just the salary. A comprehensive compensation package should offer a range of benefits and perks that contribute to your overall job satisfaction and financial well-being. Here are five key elements to consider: 1. Base Salary and Bonuses […]

Starting your own bookkeeping business can be a rewarding venture, offering flexibility and the opportunity to leverage your financial expertise. Here’s a step-by-step guide to help you launch a successful bookkeeping business: 1. Develop a Business Plan Define Your Niche: Determine the specific types of bookkeeping services you will offer, […]

As a bookkeeper, avoiding common pitfalls is crucial to maintaining accurate records, ensuring client satisfaction, and upholding professional standards. Here are four things to avoid: 1. Neglecting Regular Reconciliation Importance: Regularly reconciling clients’ accounts—such as bank statements, credit card statements, and internal records—is essential to ensure accuracy and catch discrepancies […]

When you start out in finance or accounting, you may actually impede your own progress by not considering the total value of a role and looking solely at the base salary. A strategic sacrifice of salary today, at the early stages of your career, can pay huge dividends. As always […]

Step 1: Have Confidence In Yourself. Having confidence in yourself means understanding the value you offer, presenting yourself and communicating effectively. In doing this you can get your business noticed and grow your success. If you are not confident in your abilities, you will get dragged down by fear and […]

When you are planning your new business, do you give any thought as to what type of company it is going to be, legally and financially?

Take your eye off them for a moment and accounting records can develop a mind of their own. That is going to cost you time and money if you do not put some accounting ‘hacks’ in place.

Take your eye off them for a moment and accounting records can develop a mind of their own. That is going to cost you time and money if you do not put some accounting ‘hacks’ in place.

Cloud technology has grown up over the past decade. No longer is it seen as a risky concept taken on by early adopters – instead, it has become part of the essential tool kit for the smooth day to day running of a business.

There has always been a push within Ireland to buy Irish and support local businesses, but with the economic damage wreaked by lockdown and the new normal forced on us all by COVID-19, businesses owned and managed by local entrepreneurs need us to recognise their value more than ever.

In 2019 there were close to 20,000 new businesses registered with the CRO. Behind every great business is a great bookkeeper, so the prospects have never been better for our sector.