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Accounting Outsourced Services

S4 Accounting Services for WFOE’s in Taiwan or Beijing or Xiamen or Shanghai or Guangzhou or Other China Area

WFOE (Wholly Foreign Owned Entity)

Taiwan area includes: Taipei, Hsinchu, Taichung, Tainan, Kaohsiung.

China area include: Harbin, Beijing, Shanghai, Suzhou, Hangzhou, Xiamen, Guangzhou,Shenzhen, Chongqing.

Your benefits:

Fraud-proof Practice: Internal control inside

Regulation compliance with local tax and international accounting standards

Hassle-free Services: Easy implemented and with Seamless Transfer

On time online information: management accounting and financial reports

Save money: You don’t even need to recruit any accounting staff; only local CFO stays on

Our Features:

Multilingual service team–Chinese, English, Japanese

CPA lead service team–with experience in publicly listing companies

Web-Platform supported–Cloud Server in IDC

Present Clients Total users more than 600 (as of 2009/12)

Need more information or quotation please click contact us

Accounting BPO Service Items (S4):

S4a: Services for receiving cycle – from order to cash

S4b: Services for payment cycle – from purchase to payment

S4c: Services for general ledger – record to reporting

S4d: Services for VAT filing

S4e: Services for cost accounting

S4a: Services for receiving cycle  from order to cash

For service industry:

Receiving Request (RG)+ Receiving Voucher (RH)+Received Posting (RI)+Receiving Cheque Cashed (RM)

Buy and Sell industries would add the following processes:

Order Inventory, Inventory Received, Issuing GUI (Government Unified Invoices) RG

S4b: Services for payment cycle – purchase to payment

For general & administrative expenses

Payment Request (PG) + Payment Voucher (PH) + Payment Posting (PI) +Payment Cheque Cashed (PM)

Buy-and-sell industries would add the following processes:

Purchase Inventory + Inventory Sent + Receiving GUI (Government Unified Invoices) + PG

S4c: Services on general ledger – record to reporting

Journal entries:

1. Recognizing A/R (Account Receivable)

2. Posting A/R

3. Recognizing A/P – derived from purchasing inventory (Account Payable)

4. Posting A/P – derived from purchasing inventory (Account Payable)

5. Recognizing A/P – derived from purchasing incurred expenses

6. Posting A/P – derived from purchasing incurred expenses

7. Monthly cost accounting, depreciation and other accrued journal entries

Financial reports:

1. Balance sheet

2. Income statement

3. General ledger

4. Trial balance

5. Other management account

S4d: Services on VAT filing

GUI ( Government Unified Invoice) is popular in most Asian countries. It is being used as a very important crosscheck tool in the VAT tax system. When exporting or importing, a customs declaration would be deemed as a GUI. Every one or two months, your subsidiary needs to do VAT filing. VAT filing needs to be based on the local currency. Therefore, if your global ERP system originally used foreign currency as a booking unit, when filing VAT, your subsidiary needs to have a second booking used in the domestic currency.

S4e: Services on tax cost accounting

If a company does not provide enough documents and financial reports to the tax bureau, its accounting system would be deemed as not complete. Its corporate income tax would be derived from an industry deemed net profit ratio multiplied by company revenue and then multiplied again by a corporate income tax rate. Among those companies with so-called sufficient documents and financial reports, cost accounting relevant reports for tax use are the most difficult and need the most work to complete.

The elements which compose cost accounting must first match with individual VAT records. Secondly, inventory quantity needs to be kept traceable to whatever purchase in, production used up, or sale out. Evershine has designed the Cost Validation System for conveniently preparing a tax cost accounting report in order to comply with tax regulations.

In addition to accounting BPO services; other services are below:

Service for enterprises with greater than 300 employees:

T1: Tax compliance service for foreign-owned enterprises. Why does the client need T1 service?

T2: To install a Central Payment Center for multi-location enterprises. Why does the client need T2 service?

Service package for new start up entities in Taiwan, China or other Asia cities

Accounting + Payroll + Company Registration service coverage

A3: For representative office

B3: For entity without inventory

C3: For entity with inventory

Quotation by location, please click

Taiwan Area Quotation includes: Taipei, Hsinchu, Taichung, Tainan, Kaohsiung

China Area Quotation includes: Harbin, Beijing, Shanghai, Suzhou, Hangzhou, Xiamen, Guangzhou, Shenzhen, Chongqing

Single service series detailed introduction

Outline of service package detailed introduction

Click below by your subsidiary location:

Taiwan or Beijing or Xiamen or Shanghai or Guangzhou or Other China Area