A cashflow projection is probably one of the most important management reports as it shows how cash is expected to flow in and out of the business and how much capital investment your business needs. These reports are typically required by lenders when you want to borrow money and can assist in the successful running of your business.
If your company is liable for corporation tax, you must calculate how much profit your company makes for each accounting period and how much corporation tax is payable on those profits. This information must be reported to the Revenue Commissioners on a corporation tax return form and accounts and tax computations must be submitted also in support of the return.
By using your bookkeeping records we are able to prepare your year end accounts which will form the basis of your Self Assessment tax return Year end accounts provide invaluable information about your business and are particularly useful if, for example, you wish to make a mortgage application or raise finance.