Accounting and Bookkeeping

At Sidney Advisory, we utilise secured cloud accounting software such as Quickbooks and Xero to manage and keep track of the financial health of our Client's business. 

We will provide your firm with the following
(i) general ledger
(ii) trial balance
(iii) monthly and/ or quarterly management accounts 
(iv) monthly and/ or quarterly Government reporting such as sales tax.

The above is a breakdown of Sidney Advisory's fees for preparing high quality general ledger and trial balance, based on the documents provided to us. The fees may be revised depending on the complexity and nature of the monthly business transactions. 

Our Client is required to provide us with the following documents in a timely manner
(i) bank statements 
(ii) contracts
(iii) sales invoices and claims receipts
(iv) other relevant supporting documents.

Based on the management accounts prepared (above), our in-house accounting team will be able to prepare the annual financial statements and corporate tax return for submission to the relevant authorities. Additional fee will apply for this service. 

Our standard fee for preparing the financial statements and discharging your company from local statutory and tax obligations are US$900 for a dormant company, and US$2,000 for an active company (regardless of the number of transactions).