

Benefit-in-Kind on Company Cars
BIK changes, effective from January 2023, affect businesses whose directors and/or employees have private use of company cars or vans. Benefit-in-Kind (BIK) is payable where
Struggling with accounts or VAT?
No time to keep your books up to date?
Unsure what records to keep?
Whether you are a sole trader, an entrepreneurial start-up or an SME, GroForth can fulfil your bookkeeping requirements. Our team will help you implement reliable bookkeeping systems and procedures so that you always have accurate, reliable information about your business at your fingertips. We will also help you maintain the necessary information for your tax and statutory returns.
Our bookkeeping services include:
GroForth provides bookkeeping and accounts support for businesses across Ireland. Sectors we work with include beauty, healthcare, wellness, retail, hospitality and technology. Our clients range from sole traders to large limited companies. We also provide back office support for accounting firms whose clients need to improve their bookkeeping and accounting processes.
Bookkeepers are involved in the day-to-day administration of a business. They are responsible for keeping accurate records of business transactions. They also look after functions like accounts payable and accounts receivable.
A bookkeeper records the details of business transactions whereas an accountant prepares annual financial statements and provides advice on things like business strategy and tax. Bookkeeping specialists like GroForth also explain how to use accounting software and can either manage your entire bookkeeping process for you or provide support for your staff if you manage your bookkeeping in-house.
You must keep accurate bookkeeping records to comply with your tax and regulatory obligations so it is important that you have confidence in your bookkeeper’s ability to maintain reliable records. For tips on questions to ask when engaging a bookkeeper, see our article on Hiring a Bookkeeper.
Examples of the records you need include:
Depending on what stage your business is at, there can be different reasons to outsource your bookkeeping. For owner-managers, outsourcing takes away the headache of administration and allows you to focus on building your business. Growing businesses often realise that they need an accounts function but don’t have sufficient resources to hire a finance director or team. Outsourcing can be a good interim solution for these businesses. Many GroForth clients find that outsourcing their bookkeeping helps increase profitability as it is more cost-effective than having an in-house bookkeeper or team.
GroForth provides tailored bookkeeping support depending on your individual requirements. Examples of services that we provide for our bookkeeping clients include:
When you outsource your bookkeeping to GroForth, the benefits include:
GroForth can help you choose the most appropriate bookkeeping solution for your business. We use a wide variety of bookkeeping platforms and can recommend a solution suitable for your type of business/industry and your business needs.
Having your bookkeeping completed on a weekly/monthly bases allows you to keep on top of your business and see where you are spending money and how it affects your cashflow if the coming period.
For many businesses, outsourcing bookkeeping is a sound business decision as it achieves reliable continuity of service and can reduce costs. When you outsource your bookkeeping to GroForth, other key benefits include:
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THE OLD STATION HOUSE
15a Main Street,
Blackrock,
Co. Dublin.
Tel. +353 (0) 1 905 9436
Email. info@groforth.com
Thank you in advance for contacting me.
– Sarah