Material required for accounting work to start :
- Last year record
- Last year financial statements and audit report
- Last year tax demand note and corresponding
- Company information
- For limited company - the latest Company Registry annual return copy
- For unlimited company - a summary of partnership and share information
- Bank account transactions
- Bank account list stating all bank accounts opened
- Bank statements
- Cheque book stubs
- Outward cheque copies (if any)
- Inward cheques copies (if any)
- Bank deposit and withdrawal record books (if any)
- Income
- Invoice copies
- Invoice copies of sales just before year start and just after year end (for cut off verification purpose)
- Sales record book (if any)
- Accounts Receivable (A/R)
- Invoice settlement record
- Outstanding invoice (unsettled) as at year end
- Outstanding invoice (unsettled) as at year end for those appear as at last year end (aged invoice over 1 year)
- Expenses & Accounts Payable (A/P)
- Bills (or invoices) received during the year
- Unpaid bills as at year end
- Unpaid bills as at year end which appears as well in last year end
- Goods or services received but bills not received - amount and supplier list
- Stock (if applicable)
- Stock list and value as at last year end
- Stock list and value as at this year end
- Stock purchase record during the year
- Stock movement record (in and out)
- Stock-take record as at year end
- Salary and commission
- List of recipients with name, ID number, address and amount received during the year (including those resigned)
- MPF contribution record