Low Value Adding Service

Low Value Adding Service

We offer cost-effective solutions for low value-adding activities, ensuring efficiency and compliance without compromising quality.

Payroll services

We can assist with your payroll requirements and provide the following services:

  • statutory registration with IRB, EPF, SOCSO, HRDF.
  • prepare and process monthly payroll (salaries, overtime, allowances, statutory deductions etc).
  • prepare and submit electronic payment file to the IRB, EPF and SOCSO portals for payment.
  • prepare monthly payroll report and payslip
  • prepare employee EA form and Company’s E form.

Accounting

We can provide the following accounting services:

  • initial setup of accounting codes and ledgers ready for operational use.
  • bookkeeping services, consolidation, bank reconciliation and preparation of financial statements.

Budgets and forecasts

We can assist in preparing/reviewing your budgets and forecasts for internal financial performance management / project tender submission. We can also assist in preparing project cashflow and forecasts for loan application purposes.

Customer Screening and Monitoring

We can perform new customer screening (Know Your Customer, KYC) before you decide to accept the customer or monitor your existing customer’s financial health and credit standings.

Based on the customer’s company profile, financial health (up to 5 years), legal cases, loan applications, payment history with financial institutions, utilities, and telecommunication companies, you will be better informed to accept customers with good credit standings, to modify credit terms for customers with moderate credit standings or to reject customers with bad credit standings.

Ultimately, you can reduce the Company’s bad debts and increase recoverability from your customers.

Join Our Mailing List