Frequently Asked Questions

• What accounting standard do you use in preparation of the financial statements?

  We are using Indonesia Financial Accounting Standard which most of it align with International Financial Reporting Standard (IFRS).

• What is the price of the accounting service?

  The price of the accounting service can be divided into two categories:

  Project based: For specific projects or one-time tasks, accounting services may be priced based on the volume and complexity of that project task. We actively involve in tidying up accounting records, moving accounting records from legacy system (on-premise) to cloud based like Xero or NetSuite.

  Retainer based: This is based on the volume and the complexity of the period (monthly, quarterly, semesterly, and annually) works.

• What accounting software do you recommend?

  For small business clients with less complex business transactions we recommend to use Xero. For medium and enterprise clients with more complex business transactions we recommend to use NetSuite. Both softwares are our technology partner and they are 100% cloud based.

• When do you consider outsourcing accounting?

  Consider outsourcing accounting when your business encounters complexities in managing financial tasks, tax compliance, and maintaining accurate and up-to-date records. Outsourcing becomes particularly beneficial during periods of growth, when the volume of financial transactions increases. Our clients often find outsourcing accounting advantageous as it provides access to accounting experts without the need for an in-house team; reducing costs and ensuring efficient financial management. Additionally, if your business is seeking to streamline operations, enhance compliance, and redirect focus to core activities, outsourcing accounting can be a strategic solution, offering expertise, scalability, and cost-effectiveness.