Accounting

A Guide to Keeping Business Financial Records
Good business record keeping is crucial for managing costs, or regulatory reasons. If you are just starting up your business, it might not be the first thing that comes to your mind, but it can help you build a strong foundation.

11 Reasons To Go With Osome To Take Over Your Accounting
To get the best chance at success, entrepreneurs have to make sure they have the right partners around them when starting their own business. Here’s why we are the right partner for your accounting tasks.

A Guide to Creating an Invoice
Simple invoices can help save time with all basic accounting details you require to bill clients for your work. Think of them as organised documents that are easy to understand and create.

Understanding Balance Sheets
When it comes to managing your business, one of the most crucial financial statements is the balance sheet. We cannot emphasise how important it is to learn how to read a balance sheet to ensure your company's financial health.

What Do Employers Need To Know About Salaries Tax Returns (Form BIR60)?
As a director of a company in Hong Kong, you would be required to pay Salary Tax on your salary through Form BIR60.

Your Online Store Will Grow With These 5 Accounting Tips
Your online store can suffer from poor accounting, so here are five accounting basics to strengthen your finances and increase sales.

What New Founders in Hong Kong Need To Know About Annual Financial Reporting Obligations
Companies must prepare financial statements and have them audited every year, with those financial statements being included with their annual tax filing. Find out more.

How E-commerce Entrepreneurs Can Optimise Cash Flow Over Profits
Those who run e-commerce businesses often worry about profits but ignore the value of cash flow. Understand the difference between profit and cash flow.

Tips for Organising Invoices and Receipts for Small Businesses
Ask any entrepreneur what their least favorite business activity, just about all of them will say “paperwork”. Here’s some tips to get you to organise your invoices and receipts so you can turn your frown upside down.