Finance plays a paramount role in the success of a business but yet always been neglected by most of the entrepreneurs. Completeness of accounting records may not only reflect the accurate financial position of the company but also reduce delays in business decision making. According to <Macao Commercial code> Article 38 and 39, a commercial entrepreneur is obliged to have organized bookkeeping and to keep a book of inventories and balance sheets, as well as other books, as determined by means of an executive order. In addition, Article 49 also mention a commercial entrepreneur shall keep the books, correspondence, documentation and other items recording the exercise of his enterprise, duly ordered, for 5 years from the last entry made in the books.
We are delighted to provide our client with monthly/quarterly/yearly basis accounting services in order to help overcoming the difficulties in Macau nowadays.
On monthly/quarterly basis
- Use of accounting software to prepare the necessary accounting entries based on the invoices and bank statements provided by our client;
- At the end of each month/quarter, we will prepare various financial statements (e.g. balance sheet, profit & loss statement); and
- Upon our client request, we will provide some basic financial statement ratio analysis and recommendation to improve business operation.
On yearly basis
Services are provided annually and it is the best option for businesses which does not have many activities.
If you are interested in any of the above services, please do not hesitate to <Contact us> and find out more about our service fee and other information.