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Accounting services
in Malaysia.

Focus on running your business without the hassle of working on your acounts. With our reliable accounting services, you can continue to enjoy the freedom to run your Malaysia business with the peace of mind of knowing that your books and financials are healthy and up to date.

Accounting services in Malaysia

Smart accounting services that scale with your needs.

Flexible options

Choose the accounting services that you need and pay based on the volume of transactions. Some clients engage with us a monthly or quarterly basis, while others opt for just the year-end report.

Timely reminders

Our proactive accountants will always remind you of important deadlines, along with the suggested course of action so that you will never have to worry about missed deadlines or late fees.

Real-time access

We use QuickBooks & Xero that can be accessed by you and us at the same time. If you wish, you can enter the transactions by yourself to save some bookkeeping costs.

Essential accounting services

Bookkeeping & statutory compliance.

  • Bookkeeping & transaction processing

    We can help you simplify your back-office operations, such as bookkeeping, processing of accounts payable, raising sales invoices, reconciling bank and other accounts, managing payroll, processing employee expense claims and more.

    Bookkeeping service

    Assist to maintain monthly bookkeeping of your company based on approved payment vouchers, approved claim forms, bank statements, bank in slips, bank credit advice, bank debit advice and other accounting source information provided by the management.

    Monthly, quarterly or annually

    Bank reconciliation

    Not only can we take meticulous care in preparing your bank reconciliations, but we can also provide bank signatories if required.

    Annually

    Preparation and submission of the monthly accounts

    Our expert accounting staff prepare and send trial balance, income statement, balance sheet and bank reconciliation to the local office and the headquarters for approval prior to completing timely and compliant submissions on your behalf.

    Monthly

  • Compliance reporting∗

    Year-end financial statements

    Malaysian law requires all companies to prepare their fiscal year-end financial statements annually in the specified format. The financial statements must be presented to the AGM of the company and these are used as a basis for preparing the annual tax return of the company. We will prepare the Financial statements based on the monthly/quarterly accounts that we have prepared, or we can use your financial records to produce the annual accounts.

    Annually

    File format (XBRL) conversion

    Certain Malaysian companies are required to file their financial statements in XBRL format. As part of our XBRL service, we will convert your financial statements into XBRL format for filing.

    Annually

    Audit assistance

    Acclime will advise you on whether your company needs to be audited under Malaysian law. Should your company’s accounts need to be audited, we have good working relationships with a range of local and international audit firms and will work to ensure that the audit is completed most efficiently. Acclime will work closely with the auditor to provide the required schedules, supporting documents and answers to their queries, with minimum disruption to your work.

    Annually

*Government requirement

Request a quote

Additional accounting services.

Depending on your company size, you may also need some of our ad-hoc & ongoing services:

Vendor payment support

Acclime can act as a client’s entire finance department, managing the client’s receipts and payments and recording accurately. This service includes:
  • On the payments side receiving and reviewing incoming invoices from vendors, obtaining approval from client’s personnel and payment processing based on agreed payment schedule; and
  • on the receipts side, drafting invoices for clients and following up on payment, if necessary.

Review of accounting policies & procedures

  • Confirm the technical accuracy of the current accounting policies
  • Updates accounting policies to reflect the current accounting developments
  • Benchmark the current accounting policies against industry norms

Management reporting

Acclime will prepare an entity’s management accounts and/or group consolidated accounts using a cloud accounting software, covering the following:
  • Design and implementation of an accounting system and reporting structure for newly incorporated companies
  • Preparation of periodic management reports, including group reporting packages
  • Preparation of consolidated financial statements for statutory or management reporting purposes

Financial planning & analysis

Going beyond reporting for statutory purposes, we can assist with budgeting and forecasting, oversight of internal controls and more.
Acclime benefits

Why outsource your accounting to Acclime.

At Acclime, we have the team and expertise to reliably set up and manage your accounting, whether you are a local limited company or a multi-regional business expanding to Malaysia.

On-time and error-free

Lean in into the years of experience of our certified accountants and get your accounts managed worry-free. We deliver our work on-time and without costly mistakes.

Experienced accountants

We have a clear understanding of the local laws and regulations and can confidently guide you through setting up the right accounting structure and maintenance for your business.

Regional specialists

Our footprint in Asia can help accommodate your business expansion beyond Malaysia to five other markets in Asia and counting.

Not happy with your current provider?

Move your accounting to Acclime.

Switching from one accountancy firm to another doesn’t have to give you sleepless nights! We will take care of the entire process for you, from start to finish, starting with contacting your current accountant to request all the info we need to register with all the relevant authorities to act on your behalf, so you can focus on running your business.

FAQ

Common questions.

Does my company need to be audited?
Acclime will advise you on whether your company needs to be audited under Malaysian law. Should your company’s accounts need to be audited, we have good working relationships with a range of local and international audit firms and will work to ensure that the audit is completed most efficiently. Acclime will work closely with the auditor to provide the required schedules, supporting documents and answers to their queries, with minimum disruption to your work.
Do all companies need to submit an annual financial statement?
Yes, Malaysian law requires all companies to prepare their fiscal year-end financial statements annually in the specified format. The financial statements must be presented to the AGM of the company.
What is XBRL format?
Certain Malaysian companies are required to file their financial statements in XBRL (eXtensible Business Reporting Language) format. We can advise you if your campnay needs to submit reports in XBRL and, as part of our XBRL service, we can convert your financial statements into XBRL format for filing.
Ready to get started?

Make running your business in Malaysia easier with our flexible and reliable accounting services.

Non-binding & confidential
Not sure where to begin?

Get a free 30-minute consultation on starting and operating your company in Malaysia.

Jessica Leong, Regional Business Development Manager


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