Accounts payable section is responsible for making payments mainly to trade suppliers but also payment of various grants administered by Local Authorities. Invoices for goods and services provided to the Council are centrally processed and payments are made by Accounts Payable Section.
Payments are made directly to suppliers’ bank accounts by Electronic Funds Transfer (EFT). Remittances are e-mailed to suppliers giving details of the invoices being paid. Cavan County Council is committed to paying suppliers in a timely manner in-line with the Prompt Payment of Accounts Act 1997 as amended by the European Communities (Late Payment in Commercial transactions) Regulations 2012
Ordering and Invoicing
Suppliers must not supply any goods/services to the Council without first receiving a valid fully complete Purchase Order to include price, quantity and detail of the goods/service ordered. All invoices must be issued to Cavan County Council.
Invoices must be sent directly to Accounts Payable, by e-mail to firstname.lastname@example.org or by post to Accounts Payable, Cavan County Council, Farnham Street, Cavan.
All invoices must quote a valid purchase order number relating specifically to the goods/service provided at the price quoted. Any invoice that does not quote a valid purchase order number will be returned to the supplier.
Tax Clearance details must be provided by any supplier whose invoices for goods/services will exceed €10,000 in any 12-month rolling period.
Withholding Tax/Relevant Contract Tax
The Council is required to deduct withholding tax from all payments in respect of professional services. It is deducted at source at the standard rate of income tax and paid to the Revenue Commissioners.
Relevant Contract Tax applies to construction invoices. This is deducted at source at the rate advised by the Revenue Commissioners and paid to the Revenue Commissioners.
Payment of invoices by CCC is governed by Prompt Payment of Accounts Act 1997 as amended by the European Communities (Late Payment in Commercial transactions) Regulations 2012. Prompt payment will only be made on invoices which comply with the Council’s Ordering and Invoicing requirements as outlined above.