Accounting Services

Accounting Services

Whether a small local business or a large multinational firm, your company can benefit from our accounting services. Our accounting team understands the laws and regulations needed to assist any company in bookkeeping, tax, payroll, and auditing requirements. We offer services from basic company finances to advanced tax planning, so you can focus on other important matters. As tax consultants can explain everything about the tax laws in the Philippines, demonstrate the pros and cons of different tax structures, and implement the systems and practices into business.

Services Offered

Bookkeeping

Every business in the Philippines is required to report monthly, quarterly, and annually to the Bureau of Internal Revenue (BIR). Proper bookkeeping and monitoring of company purchases and expenses will allow the management to focus on other important aspects of growing a business.

Audit and Assurance

An audited financial statement (AFS) is mandated to be submitted each year to both the BIR and the Securities and Exchange Commission (SEC). Auditing also an excellent way to determine the value of your business and investigate if there are any irregularities existing in the current accounting systems.

Tax Consulting

One on one tax consulting is the best way to scrutinize a company’s current accounting practices and prescribe necessary changes. Our tax consultants can review applicable tax implications on your business, as well as provide you with updates on the most recent BIR rulings. If litigation and liaison services are required, our tax consultants may also act as representatives in your company’s behalf and aid in resolving existing taxation issues.

Outsourcing accounting or bookkeeping is easy and can save a company its time, energy, and money. Whatever your organization’s needs; We will custom design accounting services that will meet your business’ strategy here in the Philippines.

Any company, business, or organization operating in the Philippines will require bookkeeping and monitoring. Taxes and reports applicable to a company are determined by its business entity setup in the country.

We tax experts can provide proper planning so that you can be aware of the tax implications on your business and adjust accordingly. Our financial experts prepare monthly summaries to be presented to the management board so proper financial planning can occur; allowing you to focus on the other important aspects of your business.

Services provided

Monthly preparation of Expanded Withholding Tax Return (BIR Form 1601E) with related Alphalist/Attachment

Monthly preparation of Final Withholding Tax Return (BIR Form 1601F) with related Alphalist/Attachment, if applicable

Monthly preparation of Value Added Tax Declaration (BIR Form 2550M)

Quarterly preparation of Value Added Tax Return (BIR Form 2550Q)

Quarterly preparation of Income Tax Return (BIR Form 1702Q)

Quarterly preparation of Certificate of Creditable Tax Withheld at Source (BIR Form 2307) to be distributed by Client to its suppliers

Preparation and submission of diskette files, if applicable

Filing of Returns

Recording all transactions to the accounting system

Every business is required to submit monthly, quarterly, and annual reports to BIR, regardless of its structure. With our accounting and bookkeeping services, we can remove the burden of such tedious and repetitive paperwork from your hands.