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
