Comprehensive accounting: a wise choice



According to experts' forecasts, the economy in 2013 will still face many difficulties. In that context, more than anyone else, Vietnamese enterprises (most of which are currently small and medium-sized - even micro-sized) will be the first to be affected and most affected. Business owners must focus their time and effort on finding ways to overcome difficulties and maintain the existence of their businesses, and that is why many businesses neglect other operations, such as: accounting department, personnel training, welfare policies... sometimes businesses have to pay a high price for this lack of focus, especially in the accounting department.

The current trend is that small and medium-sized enterprises are moving towards full-package services at reasonable costs instead of having to hire staff, such as: Full service office Marketing,…


Why choose external accounting services?


Cost cutting When a business is in difficulty, it is necessary: Normally, in order to maintain a team of employees to perform internal work in the company, the business must pay many expenses such as: Direct costs (salaries, social insurance, health insurance, bonuses, etc.) and training costs, etc. The more employees, the greater the costs incurred, in addition to the management costs allocated to employees: rent, depreciation, electricity and water, etc. And for a normal business, this management cost is often 3 to 4 times higher than the employee salary cost. Thus, we can see that the cost of maintaining an accounting team is very large for the business. When a business pays an accountant 5 million VND/month, the total cost for that employee in the month will be around 10-12 million.


Business owners need time to focus on their business:  Small and medium enterprises are often more interested in business development and pay less attention to organizing a complete accounting and tax system. Therefore, many enterprises will encounter significant risks in the process of tax reporting and tax settlement.


Tax policies change frequently With many new guiding circulars, if businesses cannot update themselves regularly and promptly, they will not be able to apply them in practice, which can easily lead to incorrect implementation and cause risks in the tax settlement process.

Besides, businesses have to face the reality that Responsibilities of accounting staff is not really high, many accountants just stop at completing the assigned work but do not really live with the profession and the inevitable consequence will lead to chaos and errors in the accounting system of the enterprise, making the tax settlement period extremely difficult because of not meeting the settlement conditions.

Another issue that everyone is afraid to talk about is how to advise business owners. optimize tax payable at the lowest level but still comply with the law. This issue is very difficult for inexperienced accountants or those with low professional skills, or rather, they have to make sure that the tax authorities do not fine the business, but they do not care about the tax level the business has to pay.

Benefits of choosing full package tax accounting service


With the level expense The package is equivalent to 1/3 of the salary of a normal accountant, but the business will have a team of experienced financial and accounting experts ready to advise, solve difficulties and always accompany the development of the business.


Using the service not only meets the needs accurate in work Businesses can also rest assured that the accounting service company will be responsible for any errors when explaining to the tax authorities. This is something that ordinary accountants cannot undertake.


 Moreover, it is not certain that the accountant will always be with the business for a long time, and the continuous transfer of work to the replacement will cause many risks and losses. However, if using a full accounting service package, the business can be completely assured about this issue.

In addition, the accounting service company also advises on how to apply tax policies, how to avoid risks, notify all errors, backlogs in documents, process accounting data... accurately, ensuring the highest benefits for businesses.

Steven H.