Working as a seamless extension of your finance and legal departments, Marbury will ease the process of incentivising, paying and managing your international staff, either as a one-off project management or a fully integrated accounting and payroll outsourcing function.
- Implementation of accounting system
- Provision of regular bookkeeping service
- Cash management
- Payroll administration
- Preparation of statutory accounts
- Preparation of Statement of Financial Position, Statement of Comprehensive Income, Statement of Cash Flows and Statement of Changes in Equity
- Audit management including the filing of accounts with local authorities (eg IRD)
Monthly services include:
- Data entry (taking into account deferred income principles for subscription-based revenues)
- Preparation of draft accounts
- Bank reconciliation
- Financial reports
- profit and loss statement
- Statement of Financial Position
- cash flow statement
- aged accounts receivable
- aged accounts payable
- budget review analysis
- service line / customer profitability analysis
- Preparation and compilation of one-page dashboard of financial metrics
Annual services include:
- Annual financial reports (audit-ready)
- Customer ledger including profile analysis (sales, accounts receivable, debtor days, etc)
- Liaison with auditors for the production of annual audited financial statements
- Liaison with auditors and IRD for preparation of profits tax return
- Liaison with the client on reports for AGM
- Assistance with annual budgeting and capital investment process
Marbury has partnered with cloud-based accounting software system, Xero, so that you can access your accounts from wherever you have an internet connection - as well as allow you to automate many of the essential, but time-consuming, accounting tasks.
Our Xero-certified professionals can set-up and train you and your staff. Click here for more details.
We provide outsourced payroll processing services for employees in Hong Kong.
Payroll outsourcing
- Payroll calculation
- Commission, overtime, allowance, bonus and final payment calculation
- Mandatory Provident Fund (MPF) set-up and monthly contribution processing
- Fund transfer to employee bank account and MPF trustees
Payroll reporting
- Payslip delivery to employees
- Provision of Mandatory Provident Fund (MPF) remittance statement
- Statutory reporting, including filing of Employers HK Tax Returns BIR56A and IR56B
- Payroll report and analysis for clients
- Arranging medical insurance and employee compensation insurance (ECI)
- Annual leave calculations and tracking
- Employment contracts
- Employment visa applications
- Employee benefit facilitation and administration
- Process finalising and reporting