General and Consolidation Accounting services

General and Consolidation Accounting Services –  outsource the accounting functions to reduce costs, or to bring in more knowledge and training to your in-house function.

understand your need

Firstly, our accounting professionals have occupational integrity and prudent account-processing skills. Therefore, we can implement the best service plan which meet the accounting standards through our thorough understanding of your business. So that can enable you to expand your core business with lower cost. In addition, you don’t need to worry if there is any issue of accounting compliance.

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Understand the effectiveness

Secondly, our outsourcing professional general and consolidation accounting services can let your Accounting Department only employs management accounting professions. Obviously, outsourcing can reduce cost and staff benefit. This can also let your business run effectively. 

Understand your company

Thirdly, our  general and consolidation accounting services provide accurate evaluation on your accounting messages, such as your company’s financial status, operational result and cash flow, etc. Under this situation, you can truly evaluate the execution situation of responsibility of your management staff. As a result, this can help you to make economic decision. In addition, our accounting services also help improving business management and profitability through professional analysis and suggestions made based on relevant information.

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About Our General and consolidation Accounting Services

Services SEAMLESS PROCESS

  1. Submission of Financial Documents
  2. Bookkeeping
  3. Review
  4. Questions & Feedbacks
  5. Reporting
  6. Explain Financial Statements

Oher optional Services

General Purpose Accounting Services Plans

Start Up

1 - 50 transactions
HK$ 800 Monthly
  • Set up Chat of Account
  • Bookkeeping
  • Compilation of Financial Statements
  • Bank Reconciliation
  • Explain the report by phone

essentials

51 - 100 transactions
HK$ 1,500 Monthly
  • Set up Chat of Account
  • Bookkeeping
  • Compilation of Financial Statements
  • Bank Reconciliation
  • Explain the report by phone

expansion

101 - 200 transactions
HK$ 2,800 Monthly
  • Set up Chat of Account
  • Bookkeeping
  • Compilation of Financial Statements
  • Bank Reconciliation
  • Explain report by phone/ email

elite

221 - 300 transactions
HK$ 3,500 Monthly
  • Set up Chat of Account
  • Bookkeeping
  • Compilation of Financial Statements
  • Bank Reconciliation
  • 60 minutes explanation meeting

*Please get a fee quote for transactions which are more than 300 Transactions.

common questions

Is bookkeeping under cash or accrual basis?

Actually, all entries should be compliant with Accounting Standard and recorded under accrual basis.

Are fee only based on number of transactions?

Additional fee will be charged based on extra time consuming on the timeliness and completeness of information .

Also, on site service will be $500 per day

How do I know which plan I should choose?

In fact, you can count how many payments and receipts shown on your  bank statement. Usually each income or expenditure is recorded as an accounting entry. If payment or receipt includes more than one accounting transaction, each accounting item will be counted for one entry.

What if final number of transactions is different from my estimation?

When transactions less than or equal to 100, fee is fully paid based on the estimation. On the other hand, for other plans, 80% deposit is paid once signing the Engagement Letter. Consequently, fee will be adjusted and fully paid before submission of financial statements if final transactions are different form the estimation.

What documents should I provide?

In general, provide all documents that supporting bank receipts and payments. Please also give us all income and expenses information that haven’t been shown on the bank statement but should be occurred in the reporting periods.

What financial statements will be provided?

Practically, Profit & Loss and Balance Sheet will be provided.

Is there any discount if I order a plan that is not on monthly basis?

Yes. As long as youe fill out the Order Form then we will send you a fee quote.  Please also click here to see our discount package for using our accounting & audit services.

Can reports be explained in a meeting instead of by phone?

Absolutely, plans that below “ELITE”, can fill out Accounting Services Order Form to arrange a meeting with a discount of HK$1,400 hourly business consultation rate.

How much is the fee of hiring a Part-time CFO?

The fee is charged by hourly rate. The minimum hourly rate is HK$2,000.  For more detail, please click here.

What are the charge for preparing Excel files and Consolidation Account?

  • Setting up Statement of Cash Flow – HK$1,500
  • Setting up Account Receivable/Payable ageing reports – HK$500 per worksheets. Depending on number of your receivable/payable
  • Setting up other Excel files – HK$800 per worksheets. Depending on the level of complexity.
  • Please fill out the Order Form if you require Consolidated Financial Statements

How much does the on site accounting service cost?

It costs HK$500 per day.

Order form

Accounting Services Package

“Our goal is to provide one-stop business services packages at reasonable prices to release burdens of setting up companies from our clients and let them only concentrate on starting up their business. ”

―PLBiz Strategy team―
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