Accounting
Expert Accounting Services
in Klang & Selangor for Your Business
What Is Accounting Services?
In-House vs. Outsourced Accounting
Cost Savings:
Outsourcing can save you up to 30% compared to hiring full-time internal staff. This reduction in overhead costs can significantly benefit your bottom line.
Expertise and Efficiency:
Professional accounting firms have the expertise and technology to deliver accurate and efficient services, ensuring compliance and timely reporting.
Focus on Core Business:
Outsourcing allows you to concentrate on your core business activities while leaving the complexities of accounting to the experts.
E-Invoice Solutions in Malaysia
What is E-Invoicing?
Benefits of E-Invoicing
Improved Efficiency:
Automating invoice generation and processing reduces manual errors and accelerates the payment cycle.
Cost Reduction:
E-invoicing reduces the need for paper, printing, and postage, cutting administrative costs.
Compliance:
Stay in line with Malaysia's tax regulations by ensuring that all invoicing is compliant with the latest e-invoicing requirements.
Real-time Tracking:
Monitor your invoicing process in real-time, from issuance to payment, ensuring greater control over your cash flow.
Environmental Benefits:
By reducing paper use, e-invoicing contributes to environmental sustainability.
What We Cover for
Accounting Services
Bookkeeping
We handle the day-to-day recording of financial transactions, including sales, purchases, receipts, and payments. Our bookkeeping services ensure that your financial records are accurate, up-to-date, and organized, providing a solid foundation for financial reporting and analysis.
Financial Statements Preparation
We prepare comprehensive financial statements, including income statements (profit and loss statements), balance sheets, and cash flow statements, to provide insights into your company’s financial performance, liquidity, and solvency. These statements are essential for internal decision-making and external reporting to stakeholders.
Tax Compliance
We assist with tax compliance by preparing and filing various tax returns, including income tax returns, sales tax returns, and payroll tax returns. Our goal is to ensure that your company remains compliant with tax laws and regulations while minimizing tax liabilities through strategic tax planning and optimization.
Financial Analysis
We conduct financial analysis to interpret your company’s financial data and performance indicators, identify trends, strengths, weaknesses, and opportunities for improvement. Our analysis helps you make informed decisions about resource allocation, budgeting, pricing strategies, and business growth initiatives.
Budgeting and Forecasting
We help you develop budgets and forecasts to plan and monitor your company’s financial performance and cash flow. Our budgeting and forecasting services enable you to set financial goals, allocate resources effectively, and measure progress towards achieving your business objectives.
Management Reporting
We provide customized management reports tailored to your specific needs, preferences, and key performance indicators (KPIs). These reports offer valuable insights into your company’s financial health, operational efficiency, and areas for improvement, empowering you to make data-driven decisions and drive business success.
Financial Advisory
We offer financial advisory services to support strategic decision-making, business planning, and risk management. Our team provides expert guidance and recommendations on financial matters, such as investment opportunities, financing options, mergers and acquisitions, and regulatory compliance.
Client Support and Communication
We prioritize client support and communication to ensure that your needs are met promptly and effectively. Our team is available to answer questions, address concerns, and provide guidance on accounting and financial matters, fostering a collaborative and responsive client relationship.
Why Choose Our Accounting Services in Klang and Selangor?
Expertise and Experience
Our team consists of highly skilled professionals with extensive expertise and experience in accounting, finance, and tax matters.
Customized Solutions and Personalized Service
We offer tailored solutions that meet each client’s specific needs, preferences, and business goals, ensuring personalized service and attention.
Reliability and Trustworthiness
Clients can rely on our accurate, reliable, and trustworthy accounting services, delivered with integrity and transparency.
Our Process
Frequently Asked Questions
| No. | Targeted Taxpayers | Implementation Date |
| 1. | Taxpayers with annual turnover or revenue of more than RM100 million | 1 August 2024 |
| 2. | Taxpayers with an annual turnover or revenue of more than RM25 million and up to RM100 million | 1 January 2025 |
| 3. | All other taxpayers | 1 July 2025 |
However, as of 2 July 2024, the Ministry of Finance (MOF) announced that businesses with annual sales below RM150,000 are exempt from the e-invoice requirement. This exemption is pending official confirmation and further guidelines from the Inland Revenue Board (IRB). It’s important to stay informed about upcoming changes. NKH Chartered Accountants can help ensure your business remains compliant with the latest e-invoicing regulations.
We take data security and confidentiality seriously and adhere to strict privacy protocols to protect your sensitive financial information. Our team follows industry best practices for data security and compliance with relevant privacy regulations, ensuring the confidentiality and integrity of your financial data.
Our fees for accounting services vary depending on factors such as the scope of services, the complexity of your accounting needs, and the frequency of engagement. We can provide a detailed proposal outlining our services and pricing based on your specific requirements.
We provide regular financial reports and updates tailored to your preferences and needs. Whether you prefer monthly, quarterly, or annual reporting, we can customize our reporting schedule to ensure that you have timely access to accurate financial information to support your decision-making process.
Yes, we offer tax planning and optimization services to help you minimize tax liabilities and maximize tax savings. Our team can analyze your financial situation, identify tax-saving opportunities, and develop strategies to optimize your tax position while ensuring compliance with relevant tax laws and regulations.
