Accounting & Bookkeeping Services

Streamlined accounting is the lifeline of any business, as it records the financial health of a company and ensures if it’s performing as effectively as it should. Bookkeeping is all about summarising and recording the company’s economic activities on a periodic basis and is equally important. Accounting and booking are crucial, but mundane functions for a company, as business owners have more critical tasks at hand, therefore they prefer outsourcing accounting and bookkeeping to a reliable service provider.

SCBC Enterprise is one of the leading companies offering accounting and bookkeeping services in Malaysia for small, medium, and large businesses. Our Chartered Accountants and CPAs streamline account books to help all investors, stakeholders, and investors make sound financial decisions.

Why Should You Outsource Accounting Services in Malaysia?

The Federal Law on the commercial transactions mandates that financial reporting and bookkeeping procedure in the Malaysia should be accurate, complete, and sufficient. According to the Federal Commercial Companies Law, all accounting firms , public and private joint stock companies, and limited liability companies (LLCs) are required to submit audit reports yearly and are publicly accountable to follow accounting standards. International Financial Reporting Standards (IFRS) is the most commonly used accounting standard in Malaysia.

There are so many things going on in an organization, that it becomes tough to focus on the business while complying with all the legal requirements like maintaining proper accounting books of last 5 years. This is the reason why several companies are outsourcing accounting services in the Malaysia.

Have you outsourced bookkeeping services yet? If not, it’s time you outsourced accounting services to SCBC Enterprise, a professional business consultancy in Malaysia.

Our Accounting and Bookkeeping Solutions for Malaysia Clients

A team of chartered accountants, CPAs, bookkeepers, and financial analysts at SCBC Enterprise provide excellent accounting and bookkeeping services for small and medium-sized enterprises in  Malaysia. Our comprehensive services are delivered using the best accounting software, and help businesses & auditors get access to accurate financial metrics, reduce costs, and streamline their business goals.

Our services include:

• Financial Accounting
• Accounting Software Selection and Implementation
• Balance Sheet Preparation
• Bookkeeping for Accounts Receivable & Accounts Payable
• Books Cleanup
• Cash Flow Statement
• CFO Outsourcing
• Credit and Debit Adjustments
• Financial statement Preparation for Audit & Reporting
• Journal Entries Preparation and Posting
• Liaising with Company’s Auditors
• Maintenance of Ledgers, Cashbooks, and Asset Registers
• Monthly, Quarterly, and Year-end Reviews
• Payroll Accounting
• Posting of Revenue/Sales, Payments, Material Received, etc.
• Preparation of Budgets
• Preparing Bank Reconciliation Statements
• Profit and Loss Analysis
• Providing Monthly MIS report
• Reconciliation of Revenue with Bank Deposits
• Trial Balance Reporting

Advantages of Outsourced Accounting & Bookkeeping Services

• Control of payments to vendors and collection from customers
• Schedules help to pay the dues on time and avoid any fines and penalties
• Avail consistent, accurate, high-quality & error-free services
• Avail organized and up-to-date account books
• Get access to customised accounting solutions which leverage best-demonstrated practices across industry disciplines
• Get access to Industry Experts and most advanced accounting software at a low price
• Get timely reports for company operations
• Minimize chances of fraud with proper accounting standards in place
• Reduce stress, protects cash flow, and eliminate administrative hassles
• Save cost of hiring full-time qualified professionals
• Save precious time spent in handling Accounting & Bookkeeping services to focus on the key business development areas
• Scale your outsourcing demands as per the business requirements

Contact SCBC Enterprise for Professional Accounting & Bookkeeping Services in Malaysia

The Accounting & Bookkeeping services at SCBC Enterprise are delivered to SMEs and Corporates under the supervision of experienced Chartered Accountants and CPAs at an hourly, monthly, quarterly, or yearly rate. The rates may also vary depending on the customized project requirements.