Why Your Business Need Accounting and Bookkeeping Services?
For those who are not trained with accounting knowledge, this may be the question that pops up in their mind most frequently, “What is the difference between bookkeeping and accounting?” Simply put, bookkeeping is meant for the recording of all the daily financial transactions related to your business. Meanwhile, accounting is meant for summarising and classifying the financial data for the purpose of reporting and interpreting, to gauge the financial position of your business. Hence, Accounting and bookkeeping services are essential for every business.
Bookkeeping and accounting are crucial for every business as they not only fulfil legal and compliance requirements such as tax submission and reporting to shareholders. In addition, accurate and proper bookkeeping and accounting will enable you to make better-informed decisions related to expenditure, business investments, acquisition of assets and managing cash flow, which is highly important for the sustainability of your company.
Why Outsourced Accounting Service?
As a business owner, we are certain that you would not want to receive an unexpected penalty or tax bill from the Inland Revenue Board of Malaysia (Lembaga Hasil Dalam Negeri — LHDN) due to poor bookkeeping and accounting practices. We truly understand your concerns as a business owner in terms of cost-savings to minimize all business expenses and optimize the use of your resources to gain more profits from your business. Therefore, you need not hire a full-time accountant which may be costly to your business such as long-term salary, Employee Provident Fund (EPF) and Social Security Organisation (SOCSO) contribution. So what’s your next best option to hiring a permanent accounting staff? Outsourced accounting service is the answer!
What’s more, our certified and experienced accounting experts are able to provide relevant consultation pertaining to accounting reporting and interpretations to fulfil legal compliance such as taxation matters. Let us take care of all the tedious bookkeeping and accounting hassles for your company.
How Can We Help You?
Why spend so much time dealing with different parties to maintain ongoing legal and corporate governance, as well as bookkeeping and accounting works for your company? By outsourcing your accounting and bookkeeping services and corporate secretarial matters to us, you can reduce so much time and effort, while reducing your costs and optimizing your resources.
At EC Secretary, we offer a comprehensive range of services from corporate secretarial functions to payroll management as well as accounting and bookkeeping services. Outsourced accounting service helps reduce your hiring cost of a permanent accountant which you need to put onto your payroll with EPF and SOCSO contributions and other fringe benefits. What’s more, EC Secretary provides you with a one-stop solution, so you only have to liaise with us to get your corporate secretarial compliance matters and payroll management done while ensuring your bookkeeping and accounting works are well taken care of by our team of experts. Outsource your accounting and bookkeeping works to us now!