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For Entity without Inventory

B Series: Service Package for entity without inventory
For entities without inventory
B1 = S4a + S4b + S4c + Sd — Accounting (A/P+A/R+VAT+GL)
B2 = B1 + S3 —————– Accounting + Payroll
B3 = B2 + S1a ————— Accounting + Payroll + Company Setup

The entities categorized as knowledge workers or as service industries means that its revenue is generated from services. For example, a software company sells its software, consulting company provides its consulting service, etc. Generally, it does not have an inventory bookkeeping issue.

However, there are special cases. For example, if a buy-and-sell company’s buy and sales transactions can be well linked, they could also be categorized as a potential user of the B service package because it does not have an inventory bookkeeping issue.
Our service packages for subsidiary, branch or joint venture includes B1, B2, and B3. You do not need to recruit any in-house accounting staff with our services.

B1 Service package for entity without inventory would provide:
Service for Receiving Cycle;
Service for Payment Cycle;
Service for Record to Reporting;
Service for VAT filing;
Our web-platform plus your web-bank would let you monitor and approve each payment by the authorized persons from the parent company headquarters. You can monitor the progress of each selling transaction from order to cash. Domestic VAT (Value-added Tax) filing would be taken care of by us.
We can provide on time online management account.

B2 Service package for entity without inventory will provide:
In addition to the services provided in the B1 service package, B2 also provides outsourcing service for payroll compliance.
In conclusion, B2 would include the service items below:
Service for Payroll Compliance
Service for Receiving Cycle;
Service for Payment Cycle;
Service for VAT filing
Service for Record to Reporting;

We will be responsible for registration and de-registration of social insurance, salary calculation, salary slips, salary wiring arrangement, withholding tax, etc.
Our web-platform plus your web-bank would let you monitor and approve each payment by the authorized persons.
You can monitor the progress of each sales transaction from order to cash.
Domestic VAT (Value-added Tax) filing would be taken care of by us.
We can provide on time online financial reports and managerial accounts for your authorized persons.

B3 Service package for entity without inventory would provide:
In addition to the services provided in the B2 service package, B3 also provides the service for setup of representative office.
In conclusion, B3 would include the service items below:
Service for setup of subsidiary, branch or joint venture Service for Payroll Compliance
Service for Receiving Cycle;
Service for Payment Cycle;
Service for VAT filing
Service for Record to Reporting;
We will first help you setup a subsidiary, branch or joint venture.
If you have no registered office, some of our service locations also provide virtual offices for your registration use.
We will be responsible for registration and de-registration of social insurance, salary calculation, salary slips, salary wiring arrangement, withholding tax, etc.
Our web-platform plus your Web-bank would let you monitor and approve each payment by the authorized persons.
We can provide on time online financial reports and managerial accounts for your authorized persons.

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