SIA is committed to providing our clients with outsourced accounting and payroll services to bring more value to our clients.
| Accounting |
|---|
1、 Bookkeeping. |
2、 Financial statements. |
3、 Billings and collections. |
4、 Cash Disbursement. |
5、 Invoice compliance audit. |
6、 Accounts Payable & Receivable. |
7、 Cash Flow forecasting and budgeting. |
8、 Tailored Management Reports. |
9、 Staff On-loan Services. |
| Payroll |
|---|
1、 Daily payroll outsourcing service. |
2、 Payroll, benefit, compensation computation and payment for expatriates. |
3、 Salary slip distribution. |
4、 Customized payroll reports. |
| 5、 Annual salary and social security base report. |
6、 Pension and Insurances Account Opening and Maintenance. |
7、 Housing Fund Account Opening and Maintenance. |
8、 Employee data/contract filing. |
9、 HR policy consulting. |
Accounting services
Initial set-up of the full set of accounting books and records system ;Monthly accounting and bookkeeping services; Compilation of management accounts; Preparation of annual financial statements;Annual audit assistance (not the auditor, but a role of providing audit required documents and support); and Registration of accounting system with the in-charge finance bureau.
Accounting review and advisory services
Accounting reconciliation service (e.g. mapping between global and local financial systems, inter-company AR/AP reconciliation); Issuance of VAT invoices; Secondment services (e.g. Finance Manager, Accountant, Cashier); Co-sourcing services (working with the client’s team in order to complete a series of tasks); Cashier management services (e.g. AR collection control, AP management, loan application); Setting up financial data pool that can enable the extraction of necessary data in a short period of time to generate the outputs which can fulfill both internal and external requirements; Liquidation financial support; and GAAP conversion services (e.g. conversion between Chinese Accounting Standards and IFRS).
Payroll services
Initial set-up of the payroll system;Payroll calculation and net salary payment arrangement;Payroll report for local accounting entry and HQ management;Preparation and filing of employees’ PRC Individual Income Tax returns and assistance in settling any related tax liability;Assistance in the employer registration of social benefits and housing fund;Monthly compliance work for social benefits and housing fund;Annual assessment for local employees' statutory social benefits and housing fund contribution;Assistance with external audits and inspection by social benefit authorities; e-Pay solutions (personal website to distribute individual payslips and other personal pay items); and Trust account services (settle payroll, social benefits and housing fund contributions.).
Value-added Services
Payroll compliance review, including payroll calculation, compliance and efficiency, compliance status of social welfare contribution, etc.;Payroll/HR secondment services;Payroll structuring and arrival meeting services; Advice on payroll and secondment arrangement for expatriates; and Employee leave management.
