Thankfully gone are the days of scrambling for paper receipts and arguing over spreadsheets across conference calls. In the age of remote work, collaboration is key, and that includes tackling your business finances. But fear not, globetrotting entrepreneurs and geographically dispersed teams. Xero, your friendly cloud-based accounting companion, is here to make remote accounting collaboration […]
In today’s competitive business landscape, Irish SMEs are constantly seeking innovative ways to optimize their operations, enhance efficiency, and streamline administrative tasks. One area where technology can make a significant impact is in accounting, where Xero has emerged as a leading cloud-based accounting solution that empowers SMEs to achieve their financial goals. The Benefits of […]
For small and medium-sized enterprises (SMEs), accounting is not just about keeping track of finances; it’s about building a solid foundation for business growth and success. By understanding and implementing sound accounting practices, SMEs can gain valuable insights into their financial performance, make informed business decisions, and navigate the ever-changing business landscape with confidence. The […]
In today’s fast-paced business environment, the well-being of employees extends beyond traditional health benefits. Financial wellness is emerging as a key aspect of overall employee satisfaction and productivity. For small and medium-sized enterprises (SMEs) in Ireland, implementing a strategic financial wellness program can not only contribute to the welfare of employees but also enhance the […]
As seasoned accountants with years of experience in helping SMEs navigate the intricate Irish tax system, we at Coffey&Co understand how overwhelming it can be for business owners to decipher the complex rules and regulations. Fear not, for we’re here to demystify the Irish tax landscape and empower you to make informed financial decisions for […]
Introduction In the contemporary business landscape, small and medium-sized enterprises (SMEs) are seizing opportunities in the gig economy, offering specialized products and services to a global audience. The team here at Coffey&Co are industry trusted accountants and financial experts. We recognize the significance of financial success for SMEs. Let us will guide you through the […]
Introduction: In the dynamic landscape of modern business, accountants are emerging as financial leaders, playing a pivotal role in steering organizations toward success. No longer confined to traditional bookkeeping, today’s accountants are strategic partners, offering insights and guidance that extend far beyond number-crunching. In this blog post, we’ll explore the evolving role of accountants as […]
Introduction: Accurate financial records are the bedrock of a healthy and thriving business. From tracking expenses to ensuring compliance, meticulous accounting plays a pivotal role in making informed business decisions. Unfortunately, common accounting mistakes can undermine the integrity of these records, potentially leading to financial discrepancies and compliance issues. In this blog post, we’ll explore […]
Introduction: Value Added Tax (VAT) is a crucial aspect of financial management for businesses in Ireland. Understanding and correctly managing VAT is not only a legal requirement but also an essential part of running a successful enterprise. In this comprehensive guide, we will demystify VAT for Irish businesses, providing a clear understanding of the tax, […]
Introduction: Risk is an inherent part of business, and for small and medium-sized enterprises (SMEs) in Ireland, understanding and managing these risks is vital for sustained success. While accountants are often associated with number-crunching and financial reporting, their role has evolved to encompass a broader and more strategic dimension. In this blog post, we’ll explore […]