Accounting Services, Makati City in Makati City, National Capital Region
ACCOUNTING SERVICES
Bookkeeping and BIR Tax Preparation Services
As your bookkeeper, our primary objectives are
- To handle your company’s accounting and taxation needs so you can focus in what you do best
- To provide professional quality and cost-effective accounting and tax services
- To make sure that you will get reliable and easy to read financial reports whenever you want to review and evaluate your company’s financial performance and condition
- To make sure that your company’s tax obligations are properly prepared and on time so you don’t have to pay unnecessary penalties for inaccurate tax returns and late payments or filings
- To make sure that all your tax returns have valid supporting documents and records that you can confidently present to the BIR and other government agencies when needed
- To eliminate any unnecessary penalties and payments during tax mapping and audits
- To make sure that you have someone to talk to whenever you need advice on accounting and taxation matters
Scope of Service
To accomplish our objectives, we use our streamlined bookkeeping process which allows us to efficiently and accurately record your day-to-day transactions. To ensure the quality of service, the bookkeeping process is handled and reviewed by experienced Certified Public Accountants.
1. Documents Gathering
Within the last week of the month, we will remind you to prepare all documents related to your day-to-day financial operation and we will schedule the pick-up date or when you will send them to us.
We can gather your documents using any of the following methods
o We pick up your documents from your office once a month for free.
o You deliver the documents to our office
o You send the documents via courier
o You send the scanned documents via email
2. Document Sorting, Filing and Recording
We will sort, file and record all gathered business documents. These business documents include, but not limited, to the following:
-Sales Invoice and/or Official Receipts
-Purchase/Expense Invoices and /or Receipts
-Bank Statements (only if you want us to do the bank reconciliation)
-Pay slips
-Other relevant documents
Our recording process is in accordance to the latest accounting standards and government regulations. We also make sure that it is complete to the last detail including your customer and vendor details for complete to the last detail including your customer and vendor details for complete and accurate reporting.
After carefully recording your day-to-day transactions, our junior accountants will perform the initial review and submit it to our senior accountants for the final review.
3. Recording and Updating the Accounting Books
We will record and update your accounting books such as
-General Journal
-General Ledger
-Cash Receipt Journal
-Cash Disbursement Journal
-Sales Journal
-Purchase Journal
4. Preparation of Reports
After the recording process, we will start producing unaudited financial reports such as
-Trial Balance
-Balance Sheet
-Income Statement
We will also produce financial reports in the form of charts and graphs such as
-Top Expenses
-Top Revenues
-Expense Growth Trends
-Revenue Growth Trends
-Monthly Revenue vs. Expense Growth Comparison
-And more..
In addition to the financial reports, we will also prepare the BIR Tax Returns based on the recorded transactions.
-Monthly VAT Declaration (BIR Form 2550M)
-Monthly Expanded Withholding Tax ( BIR Form 1601 E) (If Applicable)
-Monthly Withholding Tax on Compensation (BIR Form 1601C) (If Applicable)
-Certificates of Creditable Tax Withheld at Source (BIR Form 2307) (If Applicable)
-Quarterly VAT Return (BIR Form 2550Q)
-Quarterly Summary of Sales, Purchases and Importations –(BIR VAT RELIEF Files)
-Quarterly Income Tax (BIR Form 1702Q)
-Annual Information Return of Income Tax Withheld (BIR Form 1604E)
Annual Information Return of Compensation Income Tax Withheld (BIR Form 1604CF)
- Annual Registration (BIR Form 0605)
5. Delivery of Documents and Reports
The reports will be delivered via email so it can reach you faster wherever you are in the world.
At the end of every cycle, your company will have a filed and organized record of your day-to-day transactions which gives you peace of mind knowing that you are always ready whenever BIR performs a tax mapping operation or audit. You will also have financial reports which you can refer to whenever you want to review your company’s performance.
Payroll Services
Scope of Service
1. Time and Attendance
2. Preparation of Payroll Register
3. Preparation of Bank Transmittal Report
4. Remittance to Government Agencies (SSS, Philhealth &HDMF)
For more inquiries you may text or call 09176441751 and look for Miel de Jesus.