Industry challenges
Volume of supporting documents
Hundreds of documents to verify for each client file.
Tax compliance
Revenue rules change regularly, hard to keep up with Form 11 and CT1 requirements.
Tight deadlines
Closing periods and Revenue filing deadlines with little margin.
Liability
Your liability is engaged on validated documents under Chartered Accountants Ireland standards.
Documents processed
- —Supplier and customer invoices
- —Bank statements
- —Expense reports and receipts
- —Contracts and leases
- —Payroll documents (Employment Detail Summary, P45)
- —Revenue tax returns (Form 11, CT1)
- —Balance sheets and income statements
Automatic validations
- ✓Amount consistency between invoices and payments
- ✓Validity of intra-community VAT numbers (VIES)
- ✓Compliance of mandatory invoice mentions under Irish VAT rules
- ✓Match between documents and accounting entries
- ✓Verification of limitation periods
- ✓Detection of duplicates and inconsistencies
Measured results
85%
time saved
99%
compliance
+30%
files processed