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Accountancy quotes are really high?

2»

Comments

  • #52
    gudede
    Registered Users, Registered Users 2 Posts: 624 ✭✭✭gudede


    whatnow! wrote: »
    Can you explain how the company had a loan with itself?

    Had a branch, maintained two different datasets and done an internal cost+ margin recharge for CT purposes.

    Bit of a mess.


  • #53
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,438 Mod ✭✭✭✭Jim2007


    Repo101 wrote: »
    Juniors charge out rates would be at least €45 in Dublin. So you are getting a junior doing work with nobody reviewing? How many hours work from Irish staff are you getting? You do realise that €150 a month would be about 3 hours work for a junior with no profit?

    At what point do you think you might stop digging?


  • #54
    ebbsy
    Registered Users, Registered Users 2 Posts: 6,984 ✭✭✭ebbsy


    The problem will be as well when the client gets the letter with the Harp on it.

    That would be another cost.


  • #55
    Repo101
    Registered Users, Registered Users 2 Posts: 205 ✭✭Repo101


    Jim2007 wrote: »
    At what point do you think you might stop digging?

    It's very clear this topic is well beyond the scope of your knowledge.


  • #56
    Seve OB
    Registered Users, Registered Users 2 Posts: 16,070 ✭✭✭✭Seve OB


    Repo101 wrote: »
    Nobody suggested it did!

    Well you did.

    Now I’m only talking about this particular point. Nothing about the value of the work or would it cover the requirement.

    You said €150 gets you about 3 hours work from a junior who’s charge out rate is €45 per hour.

    You do realise that a charge out rate includes profit?

    Third overheads
    Third labour
    Third profit


  • #57
    Gloomtastic!
    Registered Users, Registered Users 2 Posts: 8,635 ✭✭✭Gloomtastic!


    OK. Mod hat on I'm afraid. Can we leave discussions of what constitutes a good rate to charge for accountancy services to some other thread please. The OP is not interested. They are just trying to start a business.

    The Gloomster!


  • #58
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    Ah the internet:)


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