Business Processing Services

Accounting

Our goal is to become among the most trusted and preferred accounting and bookkeeping service provider in Malaysia. We achieve this by giving topnotch service that is results-targeted, direct, and effective. Our team of experienced accountants and passionate professionals work with accuracy, confidentiality, and integrity employing money saving strategies and financial best practices.

The computerized accounting services can be provided on a monthly / quarterly / annual basis in the following areas:

Bookkeeping

  • Set up the chart of accounts.
  • Record all payments and funds received.
  • Prepare monthly bank reconciliation statements.
  • Record all sales and trade debtors.
  • Record all purchases and trade creditors.
  • Record prepayments and accruals.
  • Record all assets purchased and related depreciation.
  • Record all Goods and Services Tax on the taxable purchases/supplies (if applicable).
  • Extract monthly trial balances and general ledger.

Management Reports

  • Produce profit and loss account and balance sheet.
  • Generate aged analysis of debtors and creditors.

Statutory Accounting

Auditors must be perceived to be independent and are prohibited from performing some non-audit services. We can assist you in these areas of work that were previously performed by the auditors.

  • Preparation of financial statements under Private Entity Reporting Standards (PERS) or Financial Reporting Standards (FRS);
  • Preparation of consolidated financial statements which includes the consolidated cash flow statement, consolidated statement of changes in equity and notes to the financial statements in compliance with the PERS or FRSs;
  • Review and provide computation of tax and deferred tax provisions for inclusion into the financial statements;
  • Secondment of staff in the short term to assist in the accounting work to relieve clients when faced with unexpected staff turnover or staff leave problems.

Accounts Payable

We can assist you in processing the payment of your employee expense claims and vendor invoices such as in:-

  • Payment of invoices and employee expense claims.
  • Issue of payment vouchers and prepare cheques.
  • Mail signed cheques to payees, or remit funds by telegraphic transfer.

Outsourced Payroll Services

  • Compute net salary, EPF, SOCSO and PCB;
  • Provide payroll reports & finance journals;
  • Handle payment of net salary, EPF, SOCSO, and PCB via our client trust account, including deposit of net pay into employees’ bank accounts and issuance of confidential pay slips (hardcopy or electronic);
  • Preparation of annual employees EA form for tax filings;