Our experienced accounting specialists in Thailand ensure your financial documents are up-to-date and compliant with Thai regulations so you can manage your business with ease. Outsourcing your Accounting with Reliance Consulting is a smart way to manage your business’ financial information more efficiently.
Financial Reports Accuracy Rate
On-time Tax Returns and Financial Reports Filing
Annual Tax Liability Saved
Audit Success Rate
Financial Reports Accuracy Rate
On-time Tax Returns and Financial Reports Filing
Annual Tax Liability Saved
Audit Success Rate
The accounting function requires meticulous attention to detail for monthly requirements. These include preparing, submitting, and paying VAT and withholding tax documents, as well as financial statements reviewed by a licensed accountant.
Given these responsibilities, accounting should be handled by an expert. Reliance Consulting, a business services firm, is a trustworthy partner for managing your accounts in Bangkok, Thailand.
We provide comprehensive accounting services for local entrepreneurs and foreign companies, including:
Getting You Started
Monthly Bookkeeping
Taxes & Government Reporting
Your Support Team
Reliance Consulting offers fixed-price outsourced accounting in Thailand, which lets you manage your cash flow more efficiently without having to deal with hidden charges and any other costs. We also provide customised accounting packages to give clients more flexibility when handling their operations costs.
| Package | Monthly Fee per package (THB) | Maximum Transaction per month | Additional transaction shall be charge at (THB)/bill |
|---|---|---|---|
| A | 15,000 | 30 | 300 |
| B | 27,000 | 60 | 300 |
| C | 28,000 | 90 | 300 |
| D | 58,500 | 150 | 300 |
| E | 87,000 | 250 | 300 |
| F | 130,000 | 400 | 300 |
| G | 195,000 | 650 | 300 |
Details of work
Around-the-clock email assistance alongside phone support during regular business hours
We prepare reports including balance sheet, profit and loss statement, bank reconciliation, accounts receivable, and more!
A main contact person is responsible for handling your accounts on a monthly basis. Your accountant is reachable by email at any time.
Creating and managing reliable accounting practices and internal controls to facilitate external audits or reviews
A dedicated manager reviewing monthly financials for accuracy and timeliness. Available anytime by phone or email.
Use our own accounting software, switching to a new accounting program, or utilising your current accounting software.
Thorough evaluation of all accounts by your accountant for informed decision-making.
Customising and improving existing chart of accounts to enhance budgeting, monitoring, and financial reporting.
Collaborating with your team to allocate duties.
Monthly closing of books and delivery of reports by the 15th of the month.
| Senior Accountant | Finance Manager | |
|---|---|---|
| Baht | Baht | |
| Basic salary | 60,000 | 150,000 |
| Social Security 5% | 750 | 750 |
| 1 month Bonus pro-rated | 5,000 | 12,500 |
| 12 days annual leave | 2,769 | 6,923 |
| Medical & personal accident insurance premium | 1,200 | 2,000 |
| Staff cost per month | 69,719 | 172,173 |
| Our Fees | 28,000 | 70,000 |
| Savings per month | 41,719 | 102,173 |
| Savings Per Year | 500,628 | 1,226,076 |
| Savings % | 60% | 59% |
Companies must abide by Thailand Financial Reporting Standards when drafting their accounts and submitting reports. In addition, as part of statutory regulations, all financial statements should be assessed and certified by an accountant within a given period. Accounting can be complex because of these strict rules. Anyone who violates these laws will be subject to penalties. Hence, outsourcing accounting services is the easiest way to accomplish all accounting tasks in Thailand.
Accounting firms have the expertise to properly evaluate your accounts and oversee all financial matters. That said, they are better equipped to understand the cash flow, ensure consolidation, and comply with statutory requirements. In doing so, businesses can focus on their core competencies to grow their business.
First of all, you need to be clear about the services you want to be outsourced. Different accounting firms offer different sets of services. While others provide comprehensive offerings, others might focus on a few. Once you’ve narrowed down your requirements, it’s time to do your research.
Find an outsourcing team with expertise and experience. You can go online and read reviews or get recommendations from peers. After finding the potential firms, the next thing you need to do is consider the costs. For this, you can compare different firms and evaluate their services based on quality, affordability, and reliability. You need to find a service provider that will give you the value of your money.
Finally, you must coordinate with your chosen team. Coordination and constant communication can cement your partnership and align expectations. Once everything is agreed upon, your outsourced team can begin their job.
Most accounting firms in Thailand offer comprehensive services to ensure statutory compliance and smooth business operations. These services include:
If your company requires customized services, you can coordinate with your chosen accounting firm.
Reliance Consulting Co. Ltd. in Thailand is a member firm of international accounting network firm of Santa Fe Associates International (SFAI), based in Santa Fe, New Mexico, USA. SFAI is a multinational professional service company specializing in accounting services, auditing, tax, corporate legal consulting, enterprise risk and financial advisory.
Reliance Consulting Co. Ltd
The year-end period is coming up as we approach the last month of the year. For many employers in Thailand,
Thailand has the highest household debt rate in Southeast Asia, and around 8 in 10 Thai people are at risk
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The year-end period is coming up as we approach the last month of the year. For many employers in Thailand,
Thailand has the highest household debt rate in Southeast Asia, and around 8 in 10 Thai people are at risk
