|Accounting services in Malaysia||Particulars|
|Audited Accounts||Quarterly, Half yearly and/ or yearly accounting preparation|
|P/L||Profit and loss accounts|
|Ledger||Ledger book building|
Accounts in Malaysia as Section
|Section of CA||Particulars|| |
|167||Every private limited company, shares holders, managers will maintain accounts record||Corporate accounting will be prepared maintaining standard|
|169||Accounts report shall be presented before meeting of AGM||1st AGM will be completed by 18 months from incorporation date and after then by every calendar year and not more than 15 months|
|Profit and loss, B/S, directors report, auditor’s report, notes and statement||The audited accounts shall be certified by the directors or Company Secretary|
Within one month from incorporation, each entity will lodge return to Register about directors, secretary and manager of company
|Filling form 49 all data shall be updated if any changed are made within 30 days of changes.|
- Cheaper and qualitative
- Accounting is prepared by Chartered Accountants
- No software is used for accounts preparing
- Verified and monitored by professional accountants (Management and cost accountants or CA)
- Maintain standard as government instructions
|Current Assets||Current Liabilities|
|Net Current Assets||Equity and liabilities|
|Retained Earning||Total Equity|
General Ledger Sample
|Share capital||Retained Earning|
|Cash in bank||Accruals|
|Amount due to director||Advertisement|
|Printing||Trade & accommodation|
|Fixed Assets||Audit, professional, book keeping, audit, tax and other fee|
Profit and Loss accounts
|Net Sales||Gross profit|
|Expenses||Net profit after tax|
Accounting services in Malaysia
As accounting services in Malaysia, we prepare professional accounts by low budget. We have noticed that every year May, June and July are very busy time for the accountants and auditors and price become higher in this period than other time. Auditors sometimes prepare accounts for their clients with high price. Our plan to give customers satisfaction as well as maintain standard of accounting services in Malaysia.
Actually accounts preparation fee depend upon volume of transactions and numbers of invoice. However, we offer standard accounting service price at RM 800, 1000 to above, not more than RM 3000 (at maximum in case of huge transaction and volume is higher) for the corporate. Our offer will save your money and time. It’s our commitment to deliver the complete accounts within time frame. Our team member will prepare ledger from your supporting documents. If customer likes to get accounts report monthly basis and/ or quarterly basis will be provided the same. You may want to know about What is Sdn Bhd? Sendirian Berhad in Malaysia.
You are worried about hiring accountant for your company! There may not be hired accounts staff (s) in small and medium enterprises some reasons:-
- Limited transactions
- Accountant hiring cost is not comfortable
- Accounting firms are available
- Risk level
- Transparency issue, monopoly might works
Accounting Bookkeeping Services Fees in Malaysia
|Fees||Number of transaction (yearly)||Volume base on yearly (Ringgit)|
|500||10-50||Less than 500000|
|800||20-70||Less than RM 500000|
|3000||100-3000||5000000- 1 Million|
|4000-5000||5000-6000||Above 1 million|
Malaysia Accounting Firm
To update daily transactions in software is required professional person. Software might not easier to use and there have chance of data missing to update regularly.
Audit firm will charge higher than average and very formalities. Our fees are RM 800, 1000 and maximum RM 3000 for large companies and huge transactions.
We prepare accounts by the Chartered Accountants and/ or Cost and Management accountants who are experienced in this field and qualified member (s).
Our team member (s) will visit your office ever month to collect data and invoices and will be updated regular basis.
As accounting report will be prepared monthly basis and will be send via email to have check from abroad.
Let one accountant is hired by RM 2000-3000 monthly salary basis that stands RM 24000-36000 whereas you are getting better accounting services in Malaysia, Kuala Lumpur, Selangor, Penang, Johor Bahru, any place by cheaper as our plan of lower rate accounting services fees in Malaysia and hassle free.
Address: A-03-13 Tropicana Avenue, No 12 Persiaran Tropicana, Tropicana Golf & Country Resort PJU3, 47410 Petaling Jaya, Selangor, Malaysia