Firstly the accounting reports & English translations are important in Thailand. Our accountant can prepare the necessary accounting report for your Thai company based on the financial statements and the result of bookkeeping. The report can be translated into English if you require. A sound accounting report is essential not only for your own business sake but in dealing with government bureaucracy especially when it comes to licenses renewal, visas, and work permits for foreign employees and among other things.
Firstly there are two main types of accounting software used by bookkeepers: desktop and cloud-based. Desktop software is installed on a computer at the office. Cloud based software is accessed online through a web browser. Both types of software allow a bookkeeper to enter data into spreadsheets and generate reports. Business tax as well as Social Security payments need to be be accounted for.
If you own a small business, you need to understand how to create financial statements. You’ll use these documents to report on the performance of your business. These reports will help you make decisions about whether to invest more money into your business. This can be to hire new employees, or buy new equipment.
It is therefore vital to enlist the services of a professional accounting firm to assist you with preparing the accounting reports of your company in both Thai & English languages. G.A.M. Accounting can help you with preparing a sound accounting report through its well-experienced accounting department.