Local Bookkeeping Services in Bangkok
Bookkeeping services in Thailand
A prerequisite to discuss your business and financial situation. The primary goal is to better apprehend your firm's accounting flows. To ensure we adapt to your financial processes. During this phase, discussions occur between our teams and our accounting specialists. We list your expectations and figure out how to best respond to your bookkeeping needs.
022. Data Collection and Records
Monthly or weekly, we will collect your invoices, receipts, and bank statements. We then proceed to control all financial transactions. We warn you about a lack of formalization or discrepancies if need be. At B-Accounting, each phase is an opportunity to counsel our customers. We then record each financial document in our software. Depending on your need we offer cloud-based solutions.
033. Tax Filing
Your transactions are now recorded, it is now time for reconciliation and tax filings. Based on our records, your tax balances kept to date. We then produce your local tax forms to comply with tax rules. Before each official deadline, we produce your tax forms. The first is your withholding taxes filing then your VAT. The deadlines will vary according to the payment mode you will choose. E-filing tax filers benefit from an extension of 1 week. Payment is done either by cheque, cash, or internet transfer.
044. Monthly Report
Financial reports can be created once tax, legal, and balance reconciliation are met. The goal is to review and track how much money your business is earning (or not). Bookkeeping helps get reliable information to the relevant stakeholders of the company. A healthy business is a transparent business. Without clear financial figures, conflicts, omissions, or lost opportunities can arise. Transparency leads to cost savings and increased margins for all types of businesses.
Bookkeeping is the process of recording invoices and transactions to provide financial transparency.
What is bookkeeping?
Bookkeeping is the process of keeping track and recording a firm’s financial transactions. As a key component of accounting and, it provides financial data used to manage a company.
A proper bookkeeping service will provide company stakeholders with transparency and financial accountability.
Complete bookkeeping service includes:
- Weekly or monthly recording of your firm’s financial transactions (local and international transactions)
- Provide a clear financial picture and the current financial state of your business
- Gather reliable and accurate data to create financial reports