We here at JFW are excited to announce our long awaited arrival of Paperless Europe. Paperless are a software company that specializes in OCR technology(Optical Character Recognition). OCR is the ability to read writing from an image. Paperless have used this technology to create a software specifically for reading invoices. Not only is this available for accountants like ourselves but will be available for any store owners that use the Sage accounting program. Along with Paperless, JFW will be selling its very own service known as Easykeep. Easykeep is a simple to understand service that breaks down a business’s income and expenditure. This has proven to be a very well received part of JFW’s success.
Our partnership grants us exclusive selling rights to accountants within Ireland. With this we plan on working together to help both accountants and business owners across Ireland to easily accomplish what was once a tedious task. The software not only reduces labour hours dramatically but eliminates the possibility of human error. To avail of this software you may contact us and organise a demonstration.
Paperless originates from Oslo, Norway and has expanded to places such as Malta, the UK and has its headquarters in Dublin, Ireland. Currently Paperless is experiencing a rapid growth in the UK and expects Ireland to follow suit as more businesses realise the importance of electronic document management and its benefit for their company.
recent news
NEW STANDARD VAT RATE REDUCED TO 21% From 1st SEPTEMBER 2020 to 28th FEBRUARY 2021
As part of the Irish Governments July Stimulous package, the standard rate of VAT is being reduced from its current rate of 23% to 21% from 1st September 2020. The new VAT rate will be effective until 28th February 2021. The standard VAT rate will revert to 23% from 1st March 2021. Approximately 50% of...
- Read more
- September 1, 2020
Waterford & South Tipperary Community Youth Service -Opportunity to join Board as member of Finance and Audit Committee
Waterford & South Tipperary Community Youth Service is currently looking for a person with an interest in the area of finance to join our board. This position would suit someone starting out who might have an interest in learning about the Charity Sector and who would like to contribute something back to the community while...
- Read more
- August 5, 2020
Covid-19 Temporary Wage Subsidy Summary
During the past number of weeks there has been huge disruption to businesses both big and small. This has resulted in changes to the economic landscape which has led to many businesses closing their doors. To help support businesses and their employees, the government has introduced a number of financial measures to ease hardship and...
- Read more
- March 27, 2020
National Minimum Wage Increase 2020
From 1st February 2020 the National Minimum Wage will increase by 30c brining it to an hourly rate of €10.10. The increase is expected to impact in excess of 125,000 workers. The new minimum hourly rate applies to experienced adult workers over the age of 18. Workers under 18 are entitled to 70% of the...
- Read more
- February 20, 2020
SBCI – Future Loan Growth Scheme Open for Applications
The Strategic Banking Corporation of Ireland is inviting applications from eligible SME’s to apply for loans from the Future Loan Growth Scheme which was launched on 17th April. The available fund is worth €300m and is in conjunction with three major banks- AIB, KBC and Ulster Bank. It is hoped that two other banks will...
- Read more
- April 19, 2019
Trading With The United Kingdom Post Brexit
With Brexit still looming and uncertainty surrounding a leaving date for the United Kingdoms departure from the European Union, businesses who have not yet arranged how they will import, export or move goods via the UK have time on their side- for the moment at least. Once the United Kingdom finalise their departure from the...
- Read more
- April 10, 2019
Revenue to review customers with lower annual turnovers on a more regular basis
The introduction of a new system to Revenue called Debt Management Services (DMS) will give Revenue the opportunity to review smaller companies with low annual turnovers on a more regular basis. In the past, many of these companies were considered too small and therefore too costly to review on a regular basis. However, the introduction...
- Read more
- April 2, 2019
Setting Up Your Business in Ireland – Getting Started
Over one third of UK businesses, are expected to set up their businesses outside of the UK as a result of Brexit. Many have already started the process to ensure they have access to the single market and the benefit of the EMU. Ireland has been chosen as the top choice for most businesses with...
- Read more
- March 27, 2019
Ireland South East: Economy at a Glance
Ireland South East Development Office has published a comprehensive report on the regions economy, covering a wide range of important factors including, employment, investment and economic growth. Working with the chief executives of the five councils in the region as well as leaders of major regional industries they endeavour to highlight and promote careers, inward...
- Read more
- March 11, 2019
Major Reform of Trade Mark Law
Minister for Business, Enterprise and Innovation, Heather Humphreys TD, has introduced an overhaul of Irish trade mark law that will lead to lower costs and increased legal certainty for business. This is the first major reform of trademark law in Ireland in over 20 years. The Statutory Instruments transposing the Directive came into effect on...
- Read more
- January 28, 2019
PAYE MODERNISATION 2019
The new changes to the PAYE system came into effect in January 2019. We’ve all been aware its coming but do you know what it’s really about? And are you ready for the change? Recent media reports highlighted the possibility that some employees may end up with a lower take home pay than usual. Why?...
- Read more
- January 10, 2019
Beware – European Business Number (EBN)
BEWARE – EUROPEAN BUSINESS NUMBER (EBN) Recently, we have had queries from a number of our clients in relation to a letter they received from EBN European Business Number. The letter claims that businesses must comply with laws regarding sales tax invoicing and gives the impression that it is from a European Tax Authority. Upon...
- Read more
- August 3, 2018
Irish Accountancy Awards 2018
Following our success at being shortlisted for the Irish Accountancy Awards 2018, we would like to extend our sincere thanks to all our clients for their support. The event itself took place in the Ballbridge Hotel, Dublin and was a wonderful evening. Whilst we were not the eventual winners in our category, we are very...
- Read more
- May 3, 2018
Sunday Business Post Article
With an open outlook, the Waterford operation prides itself on developing accountant-client relationships built on trust, writes Graham Clifford It’s the minimalist nature of the renovated offices of James F Wallace & Company on Waterford City’s historic Gladstone Street that first hits you. No boxes overflowing with documents behind desks, no clunky furniture or clutter. Instead, clients are greeted...
- Read more
- February 13, 2017
Irish courts go paperless with new app
The Irish courts have moved one step closer to paperless litigation with the use of the bespoke eCourt app. The eCourt app has been developed by barristers Dáithí Mac Cárthaigh and Kieran Morris. It allows files to be downloaded by all parties in advance of the hearing, and allows for the taking of private notes...
- Read more
- September 12, 2016
James F Wallace & Paperless Europe – A New Partnership
We here at JFW are excited to announce our long awaited arrival of Paperless Europe. Paperless are a software company that specializes in OCR technology(Optical Character Recognition). OCR is the ability to read writing from an image. Paperless have used this technology to create a software specifically for reading invoices. Not only is this available...
- Read more
- September 8, 2016
Family Businesses and the Challenges They Face
There are some universal elements to running a business. You need to do the thing you do. You need to manage the doing of it. And you need to be able to sell and market the thing that you do so that you can do it for more people. At the very least you need...
- Read more
- August 10, 2016
Brexit
The referendum held yesterday, June 23rd to see if the UK would leave or remain in the European Union had the world watching in anticipation. 52% of the population across four countries voted in favour of leaving. The breakdown of each country is as follows: England: 53.4% for leaving Wales: 52.5% for leaving Scotland: 62%...
- Read more
- June 24, 2016
Garter Lane Arts Centre wins Waterford Business Award
James F. Wallace & Company would like to congratulate Garter Lane Arts Centre on their victory in the Arts and Culture category of the Waterford Business Awards 2016! If you are looking for a vibrant and engaging artistic experience in Waterford then look no further. Garter Lane Arts Centre has something for everyone with entertainment...
- Read more
- June 14, 2016
Quish’s Supervalu Leefield wins Deloitte’s 2015 Gold Standard Best Managed Companies award.
We would like to congratulate Quish’s Supervalu Leefield, who have been awarded the 2015 Gold Standard Best Managed Company award by Deloitte in association with Barclays. The award recognises 18 companies at the highest level of business performance. One of the primary objectives of the awards programme is to showcase the success of indigenous companies...
- Read more
- May 17, 2016