Catch-Up & Clean-Up
If your financial records have fallen behind or become disorganised, Place Finance Services can help you get back on track. The Catch-Up & Clean-Up service is designed for sole traders and SMEs who need their books brought up to date — accurately, efficiently, and without disruption to the day-to-day running of their business.
Why Do Businesses Fall Behind?
It is more common than many business owners realise. A busy period, a change in circumstances, or simply not having the right support in place can leave financial records months — or even years — out of date. The longer it goes unaddressed, the more complex and stressful it becomes.
Outstanding records can mean missed tax deadlines, inaccurate returns, Revenue surcharges, and a lack of clarity over the true financial position of the business. Addressing the backlog as early as possible limits the damage and restores order.
Place Finance Services approaches every clean-up engagement without judgement. The focus is entirely on resolving the situation efficiently and putting the right processes in place going forward.
What the service covers:
Reconstruction and organisation of missing or incomplete records
Bank reconciliation across all outstanding periods
Categorisation and posting of all income and expenditure
Identification and correction of errors in existing records
Preparation of records to support overdue tax returns
Transition to ongoing bookkeeping once records are current
Our Approach
Based in Wicklow, Place Finance Services works with clients across Ireland both remotely and in person. Every clean-up engagement begins with an assessment of the current state of the records, followed by a clear plan to bring everything up to date. Once the backlog is cleared, an ongoing bookkeeping arrangement can be put in place to ensure it does not happen again.
Frequently Asked Questions
My records are several years out of date. Can you still help?
Yes. Place Finance Services has experience working through significant backlogs, including records that are multiple years out of date. The process begins with an assessment of what is available and what needs to be reconstructed. A clear timeline and plan are agreed before work begins, so there are no surprises along the way.
What information do I need to provide to get started?
Whatever you have available is a starting point. Bank statements, invoices, receipts, and any existing records — even if incomplete or disorganised — are all useful. Place Finance Services will work with what is available and advise on anything that may need to be sourced or reconstructed. The initial conversation is straightforward and obligation-free.
Will Revenue penalise me for having overdue returns?
Late or missing returns can result in surcharges, interest on unpaid tax, and an increased risk of a Revenue audit. However, voluntarily bringing your affairs up to date — before Revenue makes contact — is generally treated more favourably than waiting. Place Finance Services will help you get your records in order and your returns filed as quickly as possible.
What happens after the clean-up is complete?
Once the backlog has been cleared and records are fully up to date, many clients choose to move into an ongoing bookkeeping arrangement with Place Finance Services. This ensures the same situation does not arise again and gives the business a clear, accurate financial picture going forward. There is no obligation to continue, but the option is always available.
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