HRO China has partnered with top local accountancy firm which has Certified Public Accountants to deliver top financial and accounting services. Our accountants and finance specialists provide financial support to your business performing a monthly or quarterly review on the ledgers, financial statements, compliance to various laws and regulations. Our finance management advisory team delivers cost-effective solutions to your tax and finance needs.
Bookkeeping, General Accountancy and Tax Service
We perform bookkeeping, accounting and tax services according to Chinese practices using international accounting standards. All financial statements are delivered in English or Chinese.
- Monthly Bookkeeping
- Revenue, Expense Accruals
- Account Reconciliations
- Tax Accounting
- Tax Fillings
- Tax Returns
Payroll Processing Service
We make sure that your staff is paid correctly and on time. Our payroll processing services handle tax reporting, wage calculations, direct deposits, and delivery of checks or stubs
- Calculation of wages for each pay period
- Handling payroll liabilities
- Completing payroll and client prints, signs and distributes paychecks
- Preparing timely and accurate notifications of tax liabilities and deposits
- Responding to requests for employee verifications
- Responding to employee payroll inquiries
- Preparing and file new hire reporting to state
- Reconciling health insurance payments and make payroll deductions when required
- Preparing, file, and pay all Federal, State, and local payroll taxes
- Unemployment claims administration
- Generation of payroll reports
Accounts Payable (AP) & Accounts Receivable (AR) Management Service
All financial statements are delivered in Chinese or English for the Chinese authorities.
AP
- Entering bills of vendors tracking of A/P
- Input vendor invoices to payable system
- Classify invoices to the proper G/L account
- Respond to vendor inquiries about payment status
- Payments to vendors/suppliers
- Retrieve copies of payments as necessary
- Process requests for stop payments when necessary
- Cut checks to vendors based on due dates or client instruction
- Reconcile vendor statements to accounts payable ledger
- Reporting to organization on detailed aged payables and cash requirements
- Generation of A/P reports
AR
- Record and account for revenue
- Invoice generation
- Input receivable transactions into the accounting system
- Prepare and deliver periodic statements
- Issue client-approved credit memos and refund checks
- Maintain subsidiary receivables ledger
- Process client-approved adjustments
- Sending reminders
- Generation of A/R reports
Financial Report and Statements Service
Estimate your company's financial strength, performance and changes in financial position. Our professional accounts deliver Financial Reports and Statements according to all Chinese laws and regulations, in Chinese or English for the Chinese authorities.
Financial Report
- Monthly report
- Quarterly report
- Semi-annual report
- Annual report
- Coordinating and preparing all financial SEC filings
Financial Statements
- Balance sheets
- Statements of loss and profit
- Statements of cash flows
- Other standard financial statements
Auditing Service
We discuss on your behalf with local tax authorities to handle a tax audit or business audit by other government bodies, or any issue that may arise during the course of your business operation. Our auditing services include internal, concurrent, management, operations and efficiency audit services
Investment Service
HRO China provides you professional investment advices and services. Our years of experiences and on-going update about laws and regulations in all departments in all localities concerning foreign investment allow us to provide you trustworthy knowledge to guide you in making sound investment decisions.
Contact us with your requirements and we will get back to you within one business day.