Accounting
Ms. Wong Cheah Ling (Chartered Accountant)
Managing company’s cash flow is extremely essential and wit the wide spectrum of clients we have in, we offer various type of accounting services to suits our clients’ needs, requirements and expectations. Among the entities that we are doing:
Entities: Individuals, Sole Proprietors, Partnerships (Entreprise), PLT, Private Limited (Sdn. Bhd.) and SME. List of Accounting Services (Bookkeeping= P & L and Balance Sheet): Scenario 1 @ Yearly accounting fees (每年) @ range from RM 800 (dormant) – RM 2,800.00 per annum for a sales turnover per annum from RM 50,000.00 to RM 399,999.00. a. Accounts Checklist in PDF Version for Sole Proprietor, Enterprise & LLP : T.B.A b. Accounts Checklist in PDF Version for Sdn. Bhd. & Berhad: Accounting Checklist – SB Scenario 2 @ Monthly accounting fees (每月) @ range from RM 500.00- RM 1,000.00 monthly per annum for a sales turnover per annum of RM 400,000.00 and above. **We will not provide General Ledger to clients as to protect our intellectual property and it’s highly confidential. ** Pricing of monthly accounts will be different with referring to the amount of our work. 3. Cash flows projections @ range from RM 300.00 per page; 4. Financial presentations with related stakeholders or shareholders @ RM 250.00 per hour; 5. Representing client in managing matters with Inland Revenue Board (Income Tax) @ RM 250.00 per hour; 6. Finalization of Accounts from minimum of RM 1,000.00 (depends of complexity of accounts); 7. Housekeeping of documents fees (Yearly from RM 100.00- RM 300.00 as it depends to quantity of house-keep); 8. Site visit with consultation @ RM 250.00 per hour. (Our define of messy is where documents are no being filled accordingly to our accounts checklist resulting we need to re-arrange the docs for easy reference)
A sample of standard Tax Invoice
House keep of documents service start from RM 300.00 per company
What is Finalization of Accounts means: Finalization of Accounts refers to closing the books of accounts for the particular period of time. This includes verification of account balances, passing adjustment, journal entries, preparing trail balance, preparing Profit & Loss Account and balance-sheet for the same period, etc. This helps to give a clear picture of the financial performance of the organisation during the year and to give the financial position of the organisation at the end of the year.
1. Accounting Services (Bookkeeping (P & L and Balance Sheet) & SWOT Consulting:
Scenario 1 @ Yearly accounting fees
Range from RM 800.00 (dormant) – RM 2, 800.00 per annum for a sales turnover per annum from RM 50,000.00 to RM 399,999.99.
Scenario 2 @ Monthly accounting fees
Range from RM 500.00 – RM 1, 000.00 monthly for a sales turnover of RM 400,000.00 and above. Sales turnover with RM 1 million & above will be given a quote.
Remarks:
a. Pricing of monthly accounts will be different with referring to the amount of our work.
b. Prepare by our template HC Accounting Checklist SB & Bhd 12112024.pdf
c. Prepare by our template Accounting Checklist for Sole Prop. / Partnership/ LLP/ PLT.pdf
d. We will quote individually for sales turnover more than RM 1 million.
e. Fast Track accounting services will be adding on additional RM 318.00 (inclusive SST).
f. Claiming from Un-claim money from Jabatan Akauntan Negara at RM 300.00 which no inclusive of out of pocket reimbursements and SST;
g. Preparation of Capital Statements from RM 300.00 in consideration the level of complexity;
h. A summary of LHDN’s tax offences and penalties with referring to Tax Act, 1967: HC LHDN Tax Offences & Penalties Tax Act 1967 16062022.pdf
i. Malaysia’s audit pricing guideline for general referencing: Malaysia Audit Fee Table Referencing 07022023.pdf and preparation checklist for general referencing: JG Account Documents for Audit Preparation Checklist 28072023.pdf
j. CA 2016’s Audit Exemption Certificate qualifications: CA 2016 Audit Exemption Certificate (AEC) qualifications 09032023.pdf
k. Circumstances for requesting a Personal Guarantee from your customer: HC When to get a Personal Guarantee from Customer 20102023.pdf
l. Data processing for e-invoice LHDN E-Invoice guideline English version 1.0 Year 2023.pdf: Price guideline T.B.A.
m. We remain the full rights to decline or accept the engagement for all professional works at all time.
n. Professional process of e-invoicing installation and linkage to myTAX with inclusive of 1 donger and 1 hour of e- training at RM 3, 749.00 (excluding SST) per process. For only engaging on e- training on e-invoicing with related FAQ will be at RM 300.00 (excluding SST) per hour.
n. Anything else? Just whatsapp our specialists team who are ready to assist you.
2. À la Carte Accounting Services
a. Corporate Assessment/ Reviewing and Restructuring Management
- Range from RM 1, 000.00 per report depending to in-dept researching with report and optional 1 hour presentation (RM 350.00 per hour excluding SST charges).
b. Financial Presentation
- With related stakeholders or shareholders @ RM 250.00 per hour while RM 350.00 per hour for off-site (existing clients).
c. Representing client dealing with IRB
- RM 350.00 per hour excluding research works if any.
d. Finalization & Presentation (Forensic) of Accounts
- Professional fees from RM 1,000.00 (depends on the complexity of accounts) with analysis report.
e. Documents Housekeeping
- From RM 100.00- RM 300.00 as it depends to quantity of house-keep.
f. Site visit with consultation
- RM 350.00 per hour excluding out of pocket expenses
g. Reverse pick-up
- Docs to be collected by our appointed courier team starts from RM 15.00 (depends on weight).
h. HC Tax Submission Task List
