Finance & Accounting Outsourcing
Besides payroll processing and HR administration services, we offer finance and accounting outsourcing services. Finance and accounting (F&A) involves summarising, analysing and reporting financial data accurately so that the management of a company can make strategic decisions.
As our client, you benefit from our analyses and solutions. Our knowledge and understanding of finance and accounting principles help you understand where you should spend your hard-earned finances to further fuel your growth.
Your financial decision-making is guided by precise data. You get clarity about using your resources through the support strategies we develop for clients.
Our F&A services cover everything from as fundamental as book-keeping and month-end closing all the way to higher value chain services such as financial management and treasury and tax.
As we are also a registered GST tax agent in Penang, you can be assured that your GST concerns will be expertly managed and advised.
Our end-to-end F&A capabilities include:
- Basic book-keeping
- Accounting for sales, purchases and expenses
- Accounting for inventory and fixed asset
- Month-end closing
- Preparation of financial statements for statutory reporting
- Management reporting
- Financial analysis
- Receivables and payables management
- Cash flow management and analysis
- Tax management and liaison services with Tax Agent
- Treasury and banking, and liaison services with Banker
- Liaison services with Auditor and Company Secretary
Goods and Services Tax (GST)
- Evaluation and implementation
- System review and modification
- Resolution of transitional issues
- Application of special schemes
- Preparation of GST accounting documents
- Submission of returns
- Payment and refund
- Liaison services with Royal Customs
- Formation and setting up of new company
- Engagement with Government Agencies (MIDA, MITI, SME Corporation, MDEC)
- Financial reporting for above agencies
- Licensed Manufacturing Warehouse (LMW) application
- Higher productivity & efficiency
- Frees you to focus on real business
- Save on technology and licensing
- Eliminate need to re-hire or re-train people
- Ability to start new projects quickly
- Gives you capabilities like the big boys
- Reduce risk