Bank Statement Converters

Xero bank feeds are temporarily out of action until Brexit gets resolved. In the meantime, you can still upload statement manually via CSV files. This week we have released two new bank statement converters on our Parolla Tools website, to assist Xero users in the ROI. The converters now handle Allied Irish Bank, Bank of Ireland and Ulster Bank files, in a variety of formats. If you have any other banks that you would like added to this list, please contact Mark at [email protected] Although, I am looking forward to getting that Bank Feed ease of reconcilliation back into our lives! Parolla Tools

By |October 11th, 2019|Feature Updates, Xero|

Hypervisor Failure 2:30pm, Friday 20th September

The system is experiencing an error at our hosted servers today Friday, 20th September. The problem has taken down a block of servers. We are working to move over to our disaster recovery site at the moment. My apologies for the inconvenience.  

By |September 20th, 2019|System Status|

High Traffic Volume – 2nd Sept 2019

We are experiencing a database failure on one of our servers in Dublin. We are in the process of moving over to a backup database. The backup will be restored from Monday 2nd September 10:37 am. Email [email protected] and we will contact you when the system is available. Our apologies for your inconvenience.  

By |September 2nd, 2019|System Status|

Employee Net Pay Arrangements

View net pay guide here Employee net pay arrangements are where the employer has agreed to pay the employee an amount of money in-hand, after taxes have been deducted. This arrangement is generally discouraged by Revenue, and most business advisors, but is not prohibited. The arrangement is most often found in the construction sector, or where an employee might be paid in cash. The main arguments against net pay arrangements are: All the employee's personal tax liability is a risk to the employer. Employees are unfairly compensated for the same role. There are two aspects to the tax liability risk. Firstly, if there are changes to the tax rates, then the employer pays those differences. The employee is insulated from these. More significantly, since the improvements in the myAccount system (circa 2019) employees are now able to adjust their tax credits and standard rate cut off points online. They can move those credits around between

By |August 21st, 2019|Feature Updates|
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