Na Piarsaigh GAA Club, a vibrant community sports organisation, manages a wide range of activities including youth and adult teams, fundraising events, and a fully operational clubhouse bar. With increasing financial complexity, the club sought a modern accounting solution to improve transparency, streamline reporting, and support better decision-making.
Previously, the club relied on spreadsheets and manual bookkeeping, which made it difficult to:
- Track income and expenses across different departments (e.g., club activity vs. bar).
- Generate timely and accurate financial reports.
- Ensure accountability and compliance with grant and funding requirements.
The Solution
To address these issues, we recommended Xero, a leading cloud-based accounting platform renowned for its intuitive interface, real-time capabilities, and powerful automation tools. The implementation process included:
- Setting up Xero accounts tailored to the club’s unique structure.
- Connecting Xero to Hubdoc to allow the club to submit approved purchase invoices to us.
- Enabling automated bank feeds for seamless import of daily bank transactions.
- Configuring payroll to produce weekly reports for bar staff.
- Training club staff on the use of Hubdoc.
One of the most impactful features for Na Piarsaigh has been Xero’s Tracking Categories. These enable the club to segment financial data by department or activity.
Two primary tracking categories were established and each transaction, whether income or expense, was tagged with the appropriate category. For example:
Primary Tracking Category | Transaction |
Club Operations | · Membership fees
· Cost of running teams · Fundraising · Operational costs |
Bar Operations | · Sales revenue
· Supplier costs · Payroll · Bar overheads |
Key Benefits to the Client
The transformation brought about by Xero and its tailored setup was multifaceted:
- Real-Time Reporting: Committee members are provided with monthly finance reports to monitor the club’s performance.
- Automated Bank Feeds: Daily bank transactions are automatically imported, reducing manual data entry.
- Invoice & Receipt Management: Easy creation and tracking of invoices, with digital storage of receipts.
- Grant Reporting: Simplified preparation of financial statements for grant applications and audits.
- Better Insights with Tracking Categories: The club can now:
- Generate separate income and expenditure reports for the club and the bar.
- Monitor the profitability of the bar independently.
- Make informed decisions about resource allocation and event planning.
- Provide clear financial reports to members and stakeholders.
Conclusion
By adopting Xero and leveraging tracking categories, Na Piarsaigh GAA Club has transformed its financial management. The club now enjoys greater transparency, efficiency, and control, empowering it to focus more on community and sport, and less on paperwork.