Questions and answers

Answer :  A contracted company takes responsibility of another company’s accounting work.

Answer : Magic group’s outsourcing services include works based on mutual agreement with a client: 

Answer :The prices are different depending on companies’ operation. Please contact our outsourcing consultant for more information on price.  70131044, 88110975

Answer : Company relies on documents. Therefore, accountants should take special care on documents preparation.

But some accountants prepare documents that only they can understand it. Next person who continues the work starts to re-prepare the documents because he/she doesn’t understand a previous employee’s work.

About us, we follow a principle that explains documents should be prepared for anyone who sees it to understand it. In other words, accounting documents should have standards like a book.

  1. Contents and explanations
  2. All the pages must be numbered
  3. Documents must be placed in chronological order
  4. According to Audit Law, all the documents must have signed by officials who prepared and permitted, and stamped. All the other supporting documents must be valid.
  5. Easy to find a certain document
  6. Bookbinding accounting documents, pleasant to look at

Therefore, when documents are prepared according to standards it will have good effect on next accounting workers’ work.

Answer: If we have worked together under contract for 2 years, we will have tax audit performed voluntarily. We will take tax risk on following situations:

  • Risks from duplicated documents.
  • Risks from mistyping a document
  • Risks from recording a transaction incorrectly into journal
  • Risks from not preparing report on time.

Answer :

Lowers risk

  • Reduced risks on error and loss occurring in property records
  • Avoid larger risks on bookkeeping and tax filing due to the change of company’s accountant or leave
  • Risks of receiving acts, penalties, and undue losses during tax auditing period decreases.

Operational expense savings

  • Unnecessary to have an accountant for financial statement preparation.  To hire an accountant you have to give salary and additional payment every month. Also an employer must pay 11%-13% to social insurance.
  • Saves a cost for training and course for an accountant
  • VAT adeem from service fee
  • Decrease in acts, penalties
  • Expense for consistent employment
  • Expense for holiday, celebration etc
  • Expense related to unexpected quit

Capital expense savings

  • Not necessary to obtain high-tech computer, printer and financial software
  • Expense for furniture and other office equipments

Answer: We are able to receive multiple calls at the same time on 70131044. Also, we are pleased to give you an information on 88110975. /working hours/