ACCOUNTING & BUSINESS REGISTRATION SERVICES
Online Accounting and Bookkeeping Walkthrough
Choose A Package
Select a package ideal for your requirements. We customize packages.
Contact Us
Send us an email or message. We’ll answer questions and provide solutions.
Connect Virtually
Discuss your requirements, standards, and needs with our online bookkeepers.
Sign Up and Engage
After discussion with our accountants, sign up and we can start doing your accounting books.
Establish a Business Presence in the Philippines
We can assist you establish a business presence in the Philippines through either a representative office, branch office or domestic subsidiary.
Representative Office
Learn how to register a representative office in the Philippines. A representative office is a foreign-owned corporation established by its parent company to conduct non-transactional operations in the Philippines. A representative office is not allowed to generate revenues and applicable to industries engaged in information dissemination, communication centers, customer service centers, quality control centers, product promotions.
Branch Office
Learn how to register a branch office in the Philippines. A branch office is an extension of your company in the Philippines. You will have the same liabilities that your branch office has. The assets of your company may be used for the liabilities or damages that a branch office incurs.
Domestic Subsidiary
Learn how to register a subsidiary company in the Philippines. A domestic subsidiary is considered a separate entity from its parent company. The liabilities or damages incurred by a domestic subsidiary are their own and separate from its parent company.
Learn more about setting up a representative office, branch office or domestic subsidiary by contacting us today.
PEZA and BOI registrations
Learn how to register your branch office and/or domestic subsidiary with PEZA or BOI to entitle you to some fiscal and non-fiscal incentives.
Accounting and Bookkeeping Services
Our team of experienced accountants offer full-service accounting and bookkeeping.
We can supervise and review accounting entries posted in the following books of accounts:
- Cash Receipt Book
- Cash Disbursement Book
- Sales Book
We prepare financial reports such as:
- Income Statement
- Balance Sheet
- Cash Flow Statement
- Trial Balance
We provide bookkeeping services such as:
- Reconciling Bank Accounts
- Monthly Closing of Books
- Processing Accounts Receivable/Sales
- Processing Accounts Payable/Purchases
- Creating and Adjusting Journal Entries
We offer other related services. Connect with us to discuss your needs and customize a package.
Local Tax Compliance Services
We can assist you in complying with local taxes. We can compute, prepare and e-file tax returns to the Bureau of Internal Revenue (BIR). Our local tax compliance services cover but are not limited to the following:
- Annual Registration Tax Return
- Monthly Compensation Withholding Tax
- Monthly and Quarterly Creditable Withholding Taxes
- Monthly and Quarterly VAT Returns
- Quarterly and Annual Income Tax Returns
Reach out to us to learn more about how we can assist you comply with local taxes.
Transfer Pricing Services
This cost-effective practice reduces the tax your company incurs. This requires companies’ divisions or subsidiaries to create prices for the services they provide for each other.
Several companies are expanding beyond their borders. This has made complying with different regulations in varying jurisdictions complex. Transfer pricing documentation simplifies inter-company transactions. Our service enables you to document transfer pricing policies and practices to meet regulations in different countries and jurisdictions.
Manila Bookkeepers Transfer Pricing Services in the Philippines:
Transfer Pricing Query Management
Preparation of Transfer Pricing (TP) Reports (based on local TP Laws and OECD Guidelines)
Transfer Pricing Query Management
Transfer Pricing System Design
Transfer Pricing Localization
Transfer Pricing Review
Industry Analysis
Intercompany Transaction Comparability Analysis of Business and Operations
Functions, Assets, and Risk Analysis of Business and Operations
Learn more about our transfer pricing services by contacting us today.
work with us
Go beyond borders and register your business in the Philippines. With more than a decade of experience in the industry, our team of trusted and experienced accountants will guide you through the entire process.
Advantages of Outsourced Accounting and Bookkeeping
Companies need to be efficient to gain a competitive advantage. Their employees have to concentrate on their strengths. If there are errors in your accounting books, it will have a negative effect on your budget allocation and financial decisions. Bookkeeping is a time-consuming task that you’re better off outsourcing. This is when outsourced bookkeeping services become a viable option.
Focus on Your Expertise
Bookkeeping is a task that requires meticulous attention to detail. If no one in your team has any experience in bookkeeping, they’re likely to make mistakes. Bookkeeping also consumes resources and time from your team’s area of expertise. This may lead to a drop in productivity and efficiency. Outsourced bookkeeping services keep your accounting books updated and error-free. This allows your employees to stay focused on their expertise.
Experienced Online Bookkeepers
Employees that lack experience in doing certain tasks result in poor results. With outsourced bookkeeping services, you get an experienced bookkeeper to work on your books. These experts can determine and correct errors in your books immediately. Error-free books allow you to get updated reports about your business’ financial situation. Outsourced service providers deliver first-rate output within your deadline.
Cost Reductions
Mistakes in your accounting books may lead you to make wrong decisions about your company’s direction. You might miss opportunities or fail to see financial problems. These errors are costly and may be one of the reasons that your business fails. Training your employees to do accounting and bookkeeping also takes up resources you could’ve allocated for product development or marketing campaigns. Hiring full-time accountants and bookkeepers is also a costly alternative. Hiring outsourced bookkeepers is a cost-effective solution.
No Time Wasted
Constant updating of accounting books is a time-consuming task because you’ll have to identify mistakes and correct them. A regular employee that lacks the skills to do bookkeeping properly won’t know what mistakes to look for and how to correct them. Outsourced bookkeepers don’t make mistakes and can get the job done right away. You don’t have to supervise or train them because you screen them based on their expertise before they start.
Real-Time Financial Data
Your accounting books are a source of financial information that you use to make a budget and allocate resources to different aspects of your company. You’ll need updated data to make the right decisions all the time. Errors in your books will give you a distorted overview of your company’s financial situation. Use accounting software and consider outsourced bookkeepers to get the job done. Cloud-based accounting systems allow you and the team you hire to access financial data anytime and anywhere.
