Shanghai Hotline: 021- 58763186 , +86 18101649652
Skype/ Wechat ID: 18101649652
After set up a company in Shanghai, the following accounting and bookkeeping is essentially required for the operation of the company. The main goal of bookkeeping for foreign companies is to provide a company with clear, comprehensive, and reliable information about its economic activities and status of its assets and liabilities. Tannet compiled related info about Shanghai Company Bookkeeping for your convenience.
Shanghai Company Bookkeeping
Bookkeeping is the process of the daily record-keeping of all of a company's financial transactions. Bookkeepers record the sales, expenses, cash and bank transactions of the business in a general ledger. Shanghai company bookkeeping is one of the legal requirements that all companies should abide by. In this regard, the foreign-invested enterprises in Shanghai are also required to prepare all the financial documents including balance sheets and income statements for auditing.
The importance of Shanghai Company Bookkeeping
1.Separate the business and personal finances. Bookkeeping is not only crucial to the growth and success of your business but also ensures that you’re not personally held liable for any debts or issues related to your business.
2.Prevent and identify financial errors. The financial mistakes would be easily identified if managing your transactions through bookkeeping.
3.Streamline your financial process. Bookkeeping helps to streamline your tax processes, receive the maximum deductions, and work efficiently with any tax professionals.
4.Keep you business fiance sound. Shanghai company bookkeeping can help you plan and set a path for financial growth, make your business sound and robust.
5.Apply for the loan in an easier way. With all of your financial information stored, documented, and properly managed, the process of applying for a loan, for example, will be much easier, as you’ll know that your documents are accurate and you’ll quickly be able to find any information you need.
Contact us
Tel: 021-58763186
86-18101649652
Email: 3001945826@qq.com
Address:Block F, 15th Floor, World Plaza, No.855 South Pudong Road, Pudong New Area, Shanghai
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