Upon opening a branch or business abroad, it is crucial for an organization to get its accounting services managed properly right from the start. As part of our integrated services strategy, Associate offers accounting services such as bookkeeping and regular or on-demand consulting.
Our main bookkeeping and consulting services consist of the following tasks:
- Accounting Journal entry & review
- Employee expense review
- Sales & Purchases invoice filing, collecting and payment
- Petty Cash review
- General ledger and periodical (as needed) trial balance preparation
- Monthly financial statement preparation
Additionally, the experienced staff can perform all necessary accounting compilation tasks. We have the ability to generate financial statements according GAAP and under IFRS (International Financial Reporting Standards).
Finally, our staff is acquainted with main ERP systems, such as SAP, and can produce statements and records according to the system requested by our customers.
Thus, our accounting consulting services for foreign businesses in Philippines is highly flexible, as the type, frequency, platform and language of the reports can be customized to fit our customers’ needs.