BASIC BOOKKEPPING
Removing the hassles of getting your books compliant to Chinese local accounting and taxation regulations.
- MEGI Cloud Accounting Software subscription
- Initial Setup
- Structuring your financial administration, internal control and reporting system
- Reconciliation between statutory book and management book
- General ledger maintenance and statutory reporting
- Maintaining accounting books and records in accordance with PRC accounting standards
- Preparation of the financial statements in PRC statutory format
- Filing of the statistic report
- Annual compliance
- Coordination with the auditor regarding statutory audit
- Annual reporting to local Administration of Industry and Commerce and other government authorities
VIRTUAL CFO
By acting as your external CFO, our professional consultant directs and monitors your internal administrator to carry out the accounting and reporting activities. We oversee your financials and make sure that your business is always on the right track.
- MEGI Cloud Accounting Software subscription
- Initial Setup
- Structuring your financial administration, internal control and reporting system
- Reconciliation between statutory book and management book
- Cloud Accounting Software Implementation
- Studying your operations and control requirements and finding the best Megi procedures for your business
- Properly setting up and configuring Megi cloud accounting system
- Correctly entering opening balances
- Converting historical data from legacy system
- Training you and your staff
- Customization development of printing layout and management reports
- General ledger maintenance and statutory reporting
- Maintaining accounting books and records in accordance with PRC accounting standards
- Preparation of the financial statements in PRC statutory format
- Filing of the statistic report
- Management reporting
- Reconciliations between PRC GAAP and IFRS / US GAAP
- Customized internal management reporting
- Consolidated financial statements among multiple business entities
- Customization development of functionalities for your non-standard requirements
- Professional financial analysis and management advisory
- Advising on accounting policies and procedures
- Analysis of key ratios and indicators of financial performance to check the health of your business
- Profitability and cost analysis by service line, product line or business sector
- Cash flow forecasting
- Budget preparation
- Detecting problems, identifying opportunities, and providing financial insights
- Regular meetings with the management to review and interpret financial results, as well as offer insightful advices.
- Annual compliance
- Coordination with the auditor regarding statutory audit
- Annual reporting to local Administration of Industry and Commerce and other government authoritie