Accounting & Bookkeeping
Managing your accounts and maintaining accurate records is essential for any business — not just for compliance, but for clarity, confidence, and control. At JP Egan & Company, we provide a flexible, expert-led Accounting & Bookkeeping service that helps you stay organised, meet your obligations, and make informed financial decisions.
We work with businesses of all sizes, across a wide range of sectors. Whether you need regular bookkeeping, year-end accounts, or full outsourced support, we tailor our service to suit your exact needs — doing as much or as little as you require.
Accurate and timely accounting doesn’t just help you meet deadlines — it helps you understand how your business is performing, manage cash flow, and identify opportunities to improve profitability and reduce tax. When your books are in order, you’re in control.
We handle everything from basic transaction recording and bank reconciliations to VAT, payroll, and management reports — all in full compliance with Revenue guidelines. Our experienced team ensures your accounts are complete, your records are audit-ready, and you’re always prepared for the next step.
Let JP Egan & Company take care of the numbers, so you can focus on growing your business.
Things to Know or Watch Out For with Accounting & Bookkeeping
- Revenue Requires Accurate Financial Records Small businesses are increasingly being targeted by Revenue for poor record-keeping. Keeping your books up to date is not optional — it’s essential.
- Good Bookkeeping Helps Reduce Your Tax Bill Accurate records ensure that all allowable expenses are captured. Poor records often result in missed deductions or compliance issues.
- Your Accounts Must Be Prepared Promptly Year-end accounts preparation depends on receiving your books on time. Delays can impact tax filing, grant applications, and your overall planning.
- Cash Flow Issues Often Stem from Incomplete Records Many businesses discover too late that they’re overspending or undercharging. Regular reports help identify and fix problems early.
- You’re Legally Required to Retain Records for 6 Years Invoices, receipts, payroll data, and bank statements must be retained and easily accessible for inspection.
- Software Alone Isn’t Enough Accounting software is helpful but doesn’t replace professional judgement. Entries need to be reviewed, reconciled, and interpreted correctly.
- Even Non-VAT Registered Businesses Need Good Books Even if you’re under the VAT threshold, you still need to maintain proper income and expense tracking.
- Poor Records Can Lead to Penalties and Stress Inaccurate or incomplete records can lead to fines, incorrect returns, and unnecessary Revenue audits. Consistent bookkeeping helps avoid all of that.
JP Egan & Company
Frequently Asked Questions
Yes — software can automate some tasks, but it still requires oversight. We ensure everything is categorised properly, reconciled with your bank, and prepared for reporting and compliance.
It depends on your business. For most SMEs, monthly bookkeeping ensures everything stays on track and gives you a clear view of performance. We offer flexible schedules to suit your needs.
Absolutely. We accept books, bank statements, receipts, and files in any format — digital or physical. We’ll work with whatever suits you best.
Yes — we’re experienced in working with a wide range of online and desktop accounting systems. We can also advise you on choosing the right setup for your business or help you migrate from an older system to something more efficient and user-friendly.
No problem — we’ll help bring your records up to date and get you back on track. It’s a common issue, and we’re here to help without judgement.
Yes — we can provide monthly or quarterly management reports showing key figures like profit, cash flow, and tax liabilities. It’s your choice.
Yes — we prepare full year-end accounts suitable for submission to Revenue and, where required, the Companies Registration Office (CRO).
Yes — we work with sole traders, partnerships, and limited companies. Each has different obligations, and we tailor our approach accordingly.
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