Accounting services

Expertis's accounting services help to comply with accounting regulations, meet legal requirements and optimize business interests. As a result, Expertis' accounting and tax services help business owners get rid of difficulties in management, master business time, reduce business operating costs and eliminate legal risks.

EXPERTIS

The accounting services Expertis provides

Accounting and tax services package

Accounting and Tax Services package effectively take care of accounting, tax declaration and tax finalization for businesses. The service helps business owners manage their businesses effectively, save time and costs, comply with the law and avoid tax risks.​

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Financial reporting service

Experris's financial reporting service helps businesses have a complete, standard, and reasonable set of financial statements. Enterprises can disclose financial statements for the purpose of using related parties such as tax authorities, banks, owners, company members.

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services for large-scale businesses

building an accounting system

Accounting system building services

The service of building a business accounting system helps to build a standard accounting system for a business, providing all necessary management information and helping to control the operation of the business.

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Our Outstanding Ability

IFRS Reporting

Performing accounting services on foreign software

accounting service company

Package tax accounting services, package tax accounting services in Ho Chi Minh City are important services for businesses.

BENEFIT

Why should you care about your business's accounting?

As a business owner, you should always seek to maximize profits through maximizing the performance of your business.

However, whether in a global or Vietnamese environment, it is your responsibility to comply with accounting regulations (standards, accounting regimes) and laws governing corporate finance (Tax Laws, Laws). Accounting, Enterprise Law, Investment Law, etc.).

So obviously there are too many problems in running a business, which can cause you time and cost constraints or can cause you to focus on only one aspect and keep you from focusing on your core business. 

It's important to have access to and use an additional resource for your finance and accounting operations. You can scale down a complex internal organization to create a lightweight structure.

Next math is the art of organizing, collecting, recording, classifying, and managing supplies, activities and events as they occur of a financial nature and interpreting the results for users through reporting and data presentation system.

Why art? For the practitioner, art is about finding the middle ground between fulfilling the requirements of next math standards, regulatory restrictions, and the interests of corporate governance.

Next math, using established rules, create an overview of the image of the business on the financial aspect.

Accounting services are services provided by accounting service enterprises, including: accounting, chief accountant, financial statement preparation, accounting consultancy and other jobs within the scope of the public domain. accounting in accordance with the Law on Accounting.

EXPERTIS is a leading accounting service company in Vietnam. We have been providing accounting services for nearly 20 years, our team is equipped with strong accounting expertise and combined with real money experience providing accounting and tax services to a wide range of industries. business.

We help business owners strike a balance between meeting the requirements of standard accounting, regulatory constraints and the interests of corporate governance.
We provide professional accounting services with extensive expertise including:

  • Ensure you comply with Vietnam's statutory accounting, financial and tax compliance requirements;
  • Help you make regular monthly accounting reports and include the specific information you need;
  • Gives you peace of mind that externally disclosed reports and accounting figures are accurate and provide the transparency your stakeholders demand;
  • Provide resources for in-house/outsourced accounting work as needed.

FAQ

Frequently asked questions

“Accounting records” is a common word used to refer to all accounting records, however, the Law on Accounting does not provide for “accounting records” but rather “Accounting documents”.

It can be understood, Accounting records are accounting documents, defined as follows:

Accounting documents means accounting vouchers, accounting books, financial statements, management accounting reports, audit reports, accounting inspection reports and other accounting-related documents.

Accounting records (accounting documents) that enterprises must keep are prescribed as follows:

Accounting documents that must be archived include:

1. Accounting vouchers.

2. Detailed accounting books, general accounting books.

3. Financial statements.

4. Other documents related to accounting, including types of contracts; management accounting reports; completed project settlement documents and reports; report on the results of inventory and assessment of assets; documents related to examination, inspection, supervision and audit; records of destruction of accounting documents; decide to supplement capital from profits, distribute funds from profits; documents related to dissolution, bankruptcy, division, separation, consolidation, merger, termination of operation, transformation of ownership form, transformation of enterprise type or conversion of units; documents related to the receipt and use of funds, capital and funds; documents related to tax obligations, fees, charges and other obligations towards the State and other documents.

The retention period of accounting documents (Accounting records) has 3 levels of 5 years, 10 years and forever specified in Articles 12, 13 and 14 of Decree 174/2016/ND-CP, specifically as follows: :

Article 12: Accounting documents must be kept for at least 5 years

1. Accounting vouchers are not directly used for recording accounting books and making financial statements, such as receipts, check receipts, warehouse receipts, not stored notes in the accounting documents of the accounting department.

2. Accounting documents used for the management and administration of the accounting unit that do not directly record in accounting books and prepare financial statements.

3. In cases where accounting documents specified in Clauses 1 and 2 of this Article are required by other laws to be archived for more than 5 years, they shall be archived according to such regulations.

Article 13: Accounting documents must be kept for at least 10 years

1. Accounting vouchers used directly for recording accounting books and making financial statements, detailed lists, general tables, detailed accounting books, general accounting books, financial statements month, quarter, year of the accounting unit, finalization report, accounting self-inspection report, record of destruction of archived accounting documents and other documents directly used for recording accounting books and making reports financial statements.

2. Accounting documents related to the liquidation, assignment or sale of fixed assets; inventory results and asset assessment reports.

3. Accounting documents of the investor unit, including accounting documents of annual accounting periods and accounting documents on finalization reports of completed projects in groups B and C.

4. Accounting documents relating to the establishment, division, separation, consolidation, merger, transformation of ownership form, conversion of enterprise type or unit conversion, dissolution, bankruptcy, termination of operation project end.

5. Relevant documents at the unit such as audit files of the State Audit, inspection, examination and supervision records of competent state agencies or records of independent auditing organizations.

6. Other documents not specified in Articles 12 and 14 of this Decree.

7. Where accounting documents specified in Clauses 1, 2, 3, 4, 5, 6 of this Article are required by other laws to be archived for more than 10 years, they shall be archived according to that regulation.

Article 14: Accounting documents must be permanently archived

1. For accounting units in the field of State accounting, the accounting documents that must be permanently archived include the annual State budget total settlement report approved by the National Assembly and the local budget settlement report. approved by the People's Councils at all levels; Documents and reports on settlement of completed projects of group A, national important projects; Other accounting documents have historical properties and have important economic, security and defense meanings.

The determination of other accounting documents that must be permanently archived shall be determined by the legal representative of the accounting unit, decided by the branch or locality on the basis of determining the nature of historical data and of important economic significance. , security and defense.

2. For business activities, accounting documents must be permanently archived, including historical accounting documents, having important economic, security and national defense meanings.

The determination of accounting documents that must be permanently archived shall be decided by the head or the legal representative of the accounting unit, based on the historical and long-term significance of the documents and information to decide. for each specific case and assign it to the accounting department or another department to store it in the original form or in another form.

3. The permanent storage term must be the storage period of more than 10 years until the accounting documents are naturally destroyed.

The time for calculating the time limit for archiving accounting documents (the time for calculating the time limit for archiving accounting records) is prescribed as follows:

1. The time to calculate the archival period for accounting documents specified in Article 12, Clause 1, 2, 7 Article 13 and Article 14 of this Decree is counted from the end of the annual accounting period.

2. The time for calculating the time limit for archival of the accounting documents specified in Clause 3, Article 13 of this Decree is counted from the date the report on settlement of the completed project is approved.

3. The time to calculate the archival period for accounting documents related to the establishment of the unit shall be counted from the date of establishment; Accounting documents related to division, separation, consolidation, merger, transformation of ownership form, conversion of types are calculated from the date of division, separation, consolidation, merger, transformation of ownership form, transfer change the type; accounting documents related to dissolution, bankruptcy, operation termination, project termination shall be counted from the date of completion of procedures for dissolution, bankruptcy, operation termination or project termination; accounting documents related to audit, inspection and examination dossiers of competent agencies from the date on which the audit report or inspection and examination conclusion is issued.

Accounting books are a content of Accounting records / Accounting documents referring to the content of detailed accounting books, general accounting books.

The completion of accounting books refers to the case where an enterprise has documents to record arising transactions, but has not yet been fully and accurately recorded in the accounting books. Because there are no complete and accurate accounting books, the financial statements have not been completed.

Financial statements is the most complex and complex report in the types of reports that businesses must submit. Financial statements used to provide information about the financial situation, business situation and cash flows of a business, to meet the management requirements of business owners, state agencies and useful needs of users in making economic decisions. Financial statements must provide information of a business about: Property; Liabilities must pay; Equity; Revenue, other income, production and business costs and other costs; Profit, loss and division of business results; Cash flows.
The financial statement is the report that the Director of the enterprise is responsible for the content, form, and commitment of the data is correct, truthful and reasonable, as a basis for working when the house is inspected, inspected and audited. country, is the direct responsibility of the Director and Chief Accountant of the enterprise.
Tax administration agency Department of Planning and Investment issuing license Auditing agency Banks and organizations with credit relations Company owners
The deadline for submitting financial statements of enterprises (except for state-owned enterprises) is regulated as follows: Private enterprises and partnerships: the deadline for submission of annual financial statements is the 30th day from the end of the fiscal year. Other enterprises: the deadline for submitting annual financial statements is 90 days from the end of the fiscal year.

If through the inspection, it is found that the financial statements are incorrect, Expertis will advise as follows:

  • Consulting to prepare financial statements in accordance with the accounting regime and accounting data of the unit.
  • Advising on submitting adjustments to tax authorities in accordance with the law.

Depending on each case, Expertis will advise to handle the lack of purchase invoices according to the following levels:

  • Missing due to loss of original purchase invoice due to subjective reasons: Expertis will guide you through the procedures for applying for a copy of the invoice and the procedure for notifying the loss according to regulations.
  • In case the purchase invoice is lost or destroyed due to objective reasons such as: natural disasters, floods, fires and other objective causes, Expertis will advise on the implementation of procedures for making copies in accordance with the law. In case the unit involved in the provision of accounting documents for copying has dissolved, went bankrupt or terminated its operation, the legal representative of the accounting unit that needs to make copies of the accounting documents must submit a copy of the accounting documents. set up a council and make a "Minute to determine accounting documents that cannot be copied" and take responsibility before law for such determination.
  1. In case the preparation is not complete, Expertis will advise and complete the supplement.
  2. In case it has been fully prepared, Expertis will advise to carry out the procedures specified in Article 27 of the Law on Accounting: Repair of accounting books.

Article 27. Correction of accounting books

1. When detecting errors in accounting books, they must not erase traces of incorrectly recorded information or figures, but must be corrected by one of the following three methods:

a) Writing corrections by marking a line in the wrong place and inscribing the correct number or word at the top and the chief accountant's signature next to it;

b) Writing negative numbers by recording the wrong number in red ink or writing the wrong number in parentheses, then writing down the correct number with the chief accountant's signature next to it;

c) Record the adjustment by making “adjustment documents” and insert the difference to correct.

2. If detecting errors in accounting books before submitting annual financial statements to competent State bodies, corrections must be made on the accounting books of that year.

3. In case of detecting errors in accounting books after submitting annual financial statements to competent state agencies, corrections must be made on the accounting books of the year when errors are detected and explanation of the correction required. fix this.

4. Correction of accounting books in case of recording them electronically is done by the method specified at Point c, Clause 1 of this Article.

Invoices of businesses that run away from headquarters (also known as businesses that run away from headquarters) are divided into several times to determine the legality of the sales invoices of the fleeing units exported to the enterprise:

  • Run away before invoice
  • Running away while issuing the bill
  • Run away after issuing the invoice

Expertis will advise on how to handle according to 1 of the 3 above points, and at the same time advise on legal documents proving the economic transaction of buying / selling (Contract, payment, delivery and related documents... ) to protect the legitimate interests of enterprises.

The term Tax finalization examination means that the tax administration agency conducts the order and procedures to check the accuracy of the enterprise's tax finalization declaration.

Enterprises have the right to declare and pay their own taxes, but must be responsible for their self-declaration and payment of taxes. In case of errors, enterprises will be fined depending on the severity of the behavior classification such as:

  • Delayed declaration, incorrect declaration but not missing the payable tax amount.
  • Understatement of tax amount causes a lack of tax payable.
  • Understatement of tax amount due to intentional error but not to the extent of tax evasion.
  • False declaration of tax evasion.

Tax finalization inspection is understood as the process by which the tax administration agency conducts the order and procedures to check the accuracy of the enterprise's tax finalization declaration.

Enterprises have the right to declare and pay their own taxes, but must be responsible for their self-declaration and payment of taxes. In case of errors, enterprises will be fined depending on the severity of the behavior classification such as:

  • Delayed declaration, incorrect declaration but not missing the payable tax amount.
  • Understatement of tax amount causes a lack of tax payable.
  • Understatement of tax amount due to intentional error but not to the extent of tax evasion.
  • False declaration of tax evasion.

Each act has a different level of punishment in order from less serious to serious.

Due to the self-declaration and self-filing nature of tax administration, if an enterprise detects an error before the tax authority announces the decision to examine the tax finalization, it is still entitled to make adjustments and not consider the erroneous act as a violation. violate.

Therefore, it is extremely important to review and complete the dossiers early, especially before the tax authorities announce the inspection decision, which is extremely important in reducing penalty costs and ensuring compliance with tax obligations. of the enterprise and the individual head of the enterprise.

Do you need advice?

You want to relieve all the burden of accounting work and increase the financial efficiency of your business? You will get the most suitable solution as soon as you leave a consultation request with us!