Sunday 25 August 2019

New accountancy app for self-employed

Eilis Quinlan with the new financial app
Eilis Quinlan with the new financial app

Gabrielle Monaghan

Eilis Quinlan, the latest winner of the Accountant of the Year award, has rolled out a free app that helps the self-employed and SMEs manage their tax expenses and finances on the go.

Quinlan, who founded Naas-based practice Quinlan & Co in 1992, was named Accountant of the Year by the Association of Chartered Certified Accountants last month.

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The award-winning accountant launched the Quinlan & Co app on iTunes and Google Play in November to help attract younger customers to the firm. "It's a form of indirect marketing for us," she said. "This is the direction that businesses want their accountants to go on, especially since they already use online banking on their phones. I don't know of any other small accountancy firms that are doing this."

The app allows users to scan receipts for expenses, capture data from online bank statements, track their mileage, issue payslips, and calculate Vat, income and corporation tax payments on the move. It also calculates mortgage and loan repayments, as well as stamp duty, for house-hunters. It also automatically updates to new tax rates.

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