Bookkeeper Galway

At Domybooks our core business is Bookkeeping. Below I have listed our the main  services this covers.

  • Processing of VAT returns
  • Recording purchase invoices
  • Preparing sales invoices
  • Bank reconciliations
  • Sundry Reconciliations
  • Accounting data entry
  • Payroll preparation
  • Processing of expenses
  • Debt Collection

Outsourcing your book keeping to an expert can save you time and money allowing you to focus on your business.

If you would like to speak to Domybooks about outsourcing your business please do not hesitate to email

bookkeeping@domybooks.ie

This is the Blog of an Accountant based in Galway providing Bookkeeping services and accountancy software

Why outsource your payroll?

Since the economic downturn in Ireland A  significant number of Irish companies have outsourced their payroll to a specialist provider (Like Domybooks!) As well as allowing them to reduce headcount this also comes with further advantages as listed below:

  • Compliance- As experts we ensure you are fully complaint with all relevant payroll legislation.
  • Timelyness- We ensure all your information is available when you need it and all returns are filed on time
  • Accruacy- Errors in payroll can be costly and give a bad impression to staff, Remove errors by using an expert
  • Worry!- Pass the worry of keeping up to date with budgets and tax changes to someone else
  • Reporting- A professional payroll bureau will provide a variety of reports allowing you to analyse your costs and make changes when necessary
  • Back up- Outsourcing provides disaster recovery as back-up of payroll information is kept off the premises
  • Confidentiality- Reduces risk of exposing confidential payroll information to unauthorised personnel

At Domybooks we use the latest technology to cut costs and pass the savings onto our clients. This means you can outsource your payroll to us for as little as €15 per week or €20 per month if you run a monthly payroll. This includes year end processing, payslips and all set up fee’s

As a special offer we are currently giving the first month free!

Please email payroll@domybooks.ie for further information

This is the Blog of an Accountant based in Galway providing Bookkeeping services and accountancy software

Abu Dhabi gives Dubai $10 bln bailout

In a surprise move oil rich  Abu Dhabi has bailed out Dubai with $10 billion.  The terms of the funding are not being released but the funding relates to Dubai’s flagship investment company  Dubai World. Dubai World manages and supervises a portfolio of businesses and projects for the Dubai government across a wide range of industry segments and projects that promote Dubai as a hub for commerce and trading.

Dubai is now rushing to reform its bankrupcy laws in the event that Dubai World needs protection from its creditors.

I find it very interesting how quickly the fate of flashy Dubai have turned so fast. A large amount of Dubai’s growth has been funded by cheap cash which has now dried up so there is certainly changes ahead.

This is the Blog of an Accountant based in Galway providing Bookkeeping services and accountancy software

VAT Rate change from 21.5% to 21%, Budget 2010

As im sure you are now all aware the higher rate of VAT is decreasing from 21.5% to 21% as of the first of January.  Please find below the Domybooks quick guide for VAT registered companies to deal with this change:

Firstly traders whom account for VAT on the ‘invoice basis’ should use the rate in force on the date the invoice is raised even if the goods were supplied before that date.

In transactions with private individuals, traders should use the VAT rate in force on the date of supply.

Traders whom account for VAT on a ‘Cash receipts basis’ should use the rate in force on date of supply so 21.5% rate for payments received in 2010 but relate to supplies made in 2009.

Credit notes raised with a VAT amount should use the same rate as the invoice they relate to regardless of when raised.

That covers the common scenarios there is obviously further complexities in relation to hire purchase agreements, advance payments and contracts which I wont get into right now.

As always if you require any further information please email

vat@domybooks.ie

This is the Blog of an Accountant based in Galway providing Bookkeeping services and accountancy software

P60 Forms



Coming to that time of year again folks! If anyone needs to download blank P60 forms they are available here http://www.ros.ie/schemas/p60/laser/Form%20P60%20Laser.doc (English laser format right click and save target as)

My advice is to get the P60 ‘s out quick and not have staff harrasing you for them in February!

Anyone needs any assistance please do not hesitate to contact p60help@domybooks.ie

Or the usual numbers 086-3336665 and 091 – 639970


Cork Accountants

How to remove the password from an excel sheet

If you have an excel sheet you’ve manged to forget the password for dont panic its easily fixed:

Firstly open the spreadsheet and go to the VB editor

Paste in the code below and close the VB editor

Go to the ‘View’ tab and ‘View Macros’

You should see RemovePassowrd

Select this Macro and give it time to remove your password!

Thats it!

Contact training@domybooks.ie for Microsoft excel training

Sub Removepassword()
Dim i As Integer, j As Integer, k As Integer
Dim l As Integer, m As Integer, n As Integer
Dim i1 As Integer, i2 As Integer, i3 As Integer
Dim i4 As Integer, i5 As Integer, i6 As Integer
On Error Resume Next
For i = 65 To 66
For j = 65 To 66
For k = 65 To 66
For l = 65 To 66
For m = 65 To 66
For i1 = 65 To 66
For i2 = 65 To 66
For i3 = 65 To 66
For i4 = 65 To 66
For i5 = 65 To 66
For i6 = 65 To 66
For n = 32 To 126
ActiveSheet.Unprotect Chr(i) & Chr(j) & Chr(k) & _
Chr(l) & Chr(m) & Chr(i1) & Chr(i2) & Chr(i3) _
& Chr(i4) & Chr(i5) & Chr(i6) & Chr(n)
If ActiveSheet.ProtectContents = False Then
MsgBox “The Password has been removed For more excel advice see www.domybooks.ie/Blog”
Exit Sub
End If
Next
Next
Next
Next
Next
Next
Next
Next
Next
Next
Next
Next
End Sub

This is the Blog of an Accountant based in Galway providing Bookkeeping services and accountancy software