ICT - Accounting

Outsource accounting is a corporate process of hiring a Certified public accountant in a part-time basis which is more affordable than hiring a full time accountant. We have several CPAs accredited by the government as well as NC 3 support groups to undertake basic bookkeeping in preparation for the reviewing process of the accountant

Preparation of Books of Accounts

1. Cash Receipts Book
2. Cash Disbursements Book
3. General Journal
4. Purchases Journal
5. Sales Journal
6. General Ledger

II. Tax Computation and Preparation of forms for the following:

1. Monthly Withholding Tax – Expanded
2. Monthly Percentage Tax Return (if applicable)
3. Monthly and Quarterly Value Added Tax Return
4. Quarterly Income Tax Return
5. Annual Report for Expanded Withholding Taxes

Our accountants will provide filing services of the monthly and quarterly returns to the government agencies.

III. Preparation of financial reports for management

1. Income Statement
2. Cash Flow Statement
3. Balance Sheet