Tight control of financial operations is of critical
importance to any organisation. However, by efficient
outsourcing, setting up a business does not necessarily
mean having to commit staff and other expenses to ensure
such control.
SL provides management accounting and related services
or delivers full turn-key back office functions.
Our accounting services include:
· Maintenance of accounting records
· Provision of periodic financial reports monthly/
quarterly/ annual
· Provision of complex financial performance
and analysis reports
· Preparation of financial statements for audit
· Audit liaison and accounts finalization
· Bank receipts and disbursements management
· Setting up and administering payroll and provident
fund schemes
· Preparation of budgets, forecasts, business
plans and cash flow statements
· Operation of bank accounts and administration
of creditor payments
· Provision of payroll services and attending
to other employer obligations.
Please note that SL does not provide audit services.
If required, SL can introduce clients to local audit
firms that can undertake audits in accordance with relevant
regulatory requirements.
Our trade services include:
· Management and administration
· Raising invoices on clients' letterhead or
invoice forms
· Receiving and negotiating letters of credit
· Preparing documents and instructions to banks
· Liaison with factories, vendors, customers
and suppliers
· Coordinating shipments on behalf of customers;
liaison with freight forwarders and insurers
· Arranging quality control inspections
· Arranging trade credit lines with banks
· Introduction of forwarding companies in China
· Working with our clients to their professional
advisors to establish the most appropriate trading structure
SL offers ongoing bank account management services
including:
· bank account signatory services for client
bank accounts to facilitate payments, transfers and
other transactions
· remittance monitoring
· maintenance of bank account records
· liaison with banks when required