Outsourcing

What kind of companies outsource?

• Small to medium sized companies who do not need a full time accounts team but still require the input from experienced accountants and tax advisors
• Global companies who require the expertise of local advisors for the accounting and compliance requirements of their Irish subsidiaries.
• Large companies who want to introduce efficiencies and streamline their finance function to make their non-core activities as lean as possible.
• Companies who need support during busy periods or require short term cover while recruiting or during staff leave.

Our services:

• Cloud accounting and bookkeeping services
• Management reporting
• Statutory financial statements and related compliance services
• VAT, RCT and PSWT compliance
• Payroll services
• Business process outsourcing
• Migration of accounts
• Finance system review and design
• Staff secondment services

Why Outsource? 

Outsourcing of accounting and compliance services offers flexibility and assurance, allowing you to focus on your core business activities.  Through technological advances including cloud accounting we can offer a cost-effective approach and provide access to real time management information.

The recruitment and retention of good reliable staff is not easy and it is not cheap.  It can be difficult to recruit one individual that is skilled in multiple areas to work in house.  Outsourcing takes that pain away, gives you back your valuable time and keeps that recruitment fee in your pocket.  You can avoid the time and cost of training staff.  Our staff come fully trained, and you can avail of our wider support network of qualified accountants and tax advisors to guide you through all your business decisions.

Here at Azets you will be outsourcing your accounting needs to experts who will ensure your compliance requirements are fully met.  We are proactive and are continuously looking at new technology and ways of making your accounting systems work better for you.  The cloud solutions we use includes:

• Xero
• Quickbooks
• Bright Accounts Production
• AutoEntry
• Hubdoc
• Dext

How do we fit into your business?

Accounting is not just a compliance exercise.  Different clients need varying levels of service.  Whatever your requirements we can offer an outsourced solution that will complement your existing team.   The use of the latest cloud technology means we can look after your needs regardless of your location.  We will structure a package to suit your specific needs.  We spend time getting to know our clients so we can give you that personal value added service and become your trusted advisor. 

Here at Azets we provide a range of VAT services including;

• VAT, VIES and EORI registrations;
• VAT rate review to determine the applicable rate of VAT for your business;
• Submission of VAT returns to Revenue on your behalf
  • This can range from a submission of the return based on your records up to a full calculation of your VAT return for your approval before submission;
• Preparation and submission of Annual Return of Trading Details (RTD)
• Liaison with our specialist advisory teams to provide technical support such as:
  • VAT on Property Transactions
  • VAT on Digital sales
  • Cross border transactions

Outsourced Payroll Services

Your Payroll, Our Expertise

Azets Payroll Services can provide a managed payroll service that is professional, reliable and cost-effective. More and more companies are realising that it makes commercial sense to outsource their payroll function. Not only does it remove the responsibility of running a payroll, with all the respective costs, but it also allows valuable resources to be directed towards more productive and profitable tasks.

The Managed Payroll Service from Azets is a service whereby we effectively become your payroll department. Our clients opt for this service as it allows them to focus on their core business while we take care of their payroll.

Azets Payroll Services provide all the control and security of an in-house payroll function but with all the flexibility of a managed service that is cost-effective. Payroll is a critical function for the smooth running of any business. Staff must be paid on time, and Azets Payroll ensures that your payroll needs are met on time, every time.

Managed Payroll Service – What’s included?

• Set up of employees on our system with all personal details, tax details and bank details to ensure accurate legislative payments.
• Payment of salaries – All weekly, fortnightly, monthly, 4 weekly, quarterly & annual salaries are calculated, approved by the client, and Azets transfer all payments to employees into their bank accounts by Electronic Fund Transfer.
• Payment of PAYE/PRSI – All PAYE/PRSI deductions made from employees and remitted to the Revenue on behalf of the employer via monthly P30 return.
• Payment of Non-Statutory Deductions – We will calculate all non-statutory deductions such as health insurance, pension, BIK, union subs etc. and remit to the relevant 3rd party, as required.
• Payslips provided by on-line portal or by automated e-mail.
• Incorporate company expenses payments into your payroll.
• Compliance with Enhanced Reporting Requirements (ERR) where required.
• Query support on all payroll related queries.
• External Inspection Support with inspections from external agencies, for example, WRC’s Inspection Services (formerly NERA).
• CSO EHECS Returns can be prepared and submitted online.
• Full range of reports included or bespoke as required.
• ROS submissions for all payroll periods to comply with PAYE Modernisation.