E-Invoicing set up & MyInvois integration handled by our Bookkeeping service for RM499/mo

Our comprehensive bookkeeping includes meticulous entry and ongoing updates of all transactions, operations, and events crucial to your business.

This spans purchases, sales, receipts, payments, and bank reconciliation by an individual person or an organisation or corporation.

No worries, we will set it up for you. All Altomate bookkeeping plans include setup of e-Invoicing for your business.

Yes, you will. We use cloud accounting software that gives you:

• Full Access: You retain complete access to your accounts and documents at all times.
• Remote Control: Manage your accounts from anywhere, at any time, as long as you’re connected to the internet.
• Secure Collaboration: You and authorized team members can collaborate seamlessly on your financial data.

Rest assured, our service is designed to enhance your control, not diminish it.

Altomate proudly serves a diverse range of small to medium-sized businesses across various sectors including e-commerce, automotive, retail and more.

The bookkeeping cost depends on your business’s specific needs, including transaction volume, account complexity, and closing frequency.

We offer three distinct bookkeeping plans, Core, Value and Power. Each plan is designed to match different levels of service requirements.

To get a quote for your business, kindly contact us to schedule a free compatibility check.

Yes, we specialise in managing complex business structures.

Utilising tools like Xero/QuickBooks, we set up tracking categories to monitor transactions and generate customised reports with tracking analytics (such as divisional profit or loss, product profit or loss report) easily.

Outsourcing to Altomate guarantees not only an up-to-date, accurate set of accounts but also frees your schedule to concentrate on core business activities.

With Altomate, you will receive uninterrupted, high-quality bookkeeping service. Safeguarding your financial management against any internal changes.

Altomate also holds the contractual obligation to ensure continuity and quality of services regardless of any changes in our manpower.

Consider outsourcing your accounting with Altomate when:

• Hiring an in-house accountant is not feasible due to the size of your business.
• Managing accounting in-house is not within your interest or capability.
• You wish to dedicate more time to other critical aspects of your business.

Outsourcing to Altomate allows you to focus on growth while we handle the complexities of your financial processes.

Absolutely not. Our role is to take the bookkeeping burden off your shoulders and empower you with detailed financial insights. All business decisions remain under your control.

There is no need to send us the hardcopy documents. We use cloud accounting software – Xero or Quickbook and collaborate with the clients digitally.

We will provide guidance in advance on how you can organise your data and information on a secured cloud folder – bank statements, invoices and bills, and many other items.

Our team will help to organise and categorise them for bookkeeping and proper record keeping.

Switching to Altomate’s bookkeeping services is a streamlined process designed to align with your business’s unique needs.

The exact process will vary for each business, but it typically includes the following stages:

3. Planning & Preparation – the Altomate team will

• Understand your business transactions in detail.
• Review your accounting policies
• Map your chart of accounts
• Design transaction and document flow
• Set management report requirements
• Setup your cloud bookkeeping software (if you do not already use one)
• Integrate e-commerce platform and POS systems into bookkeeping software.

4. Collaboration Guidance

5. Transition Complete

Throughout the entire process, our team actively monitors the progress and is on hand to assist you and address any issues that may arise.

Our monthly accounting process includes:

• Preparation: Gathering of source documents- bank statements, invoices and bills
• Processing: Account transaction processing and transaction queries
• Management Accounts Preparation: Includes a profit and loss statement, balance sheet, trial balance, general ledger and supporting schedule.
• Custom Reports*
• Management review and discussion*

*Only available for Value and Power Plan customers.

At the end of each accounting period, Altomate provides a comprehensive suite of financial documents. This includes:

• A full set of management accounts
• Detailed transaction ledgers
• Supporting schedule

If you are on the Value or Power Plan, you will get additional custom reports according to your requirements. You will also get an account review call to analyse the financial position and performance and answer your queries.

Yes, you can. We will provide up-to-date management accounts and our free corporate tax calculator to estimate the amount of tax payable.

If you have signed up for our Tax Compliance service, you will know the exact amount of tax payable when you receive your tax computation from our tax specialists at the closing of the financial year.

Offer: Get 10% off our Tax Compliance service when you sign up for our bookkeeping. Schedule a compatibility check now.

Effective accounting allows you to correctly measure and manage your finances. This is crucial for the success and sustainability of your business.

Without good accounting practices, your bottom line will suffer due to:

• Lost revenue
• Insufficient tax planning
• Missed business opportunities

Altomate’s bookkeeping services aim to prevent all the above with accurate profit and loss statements, monthly balance sheets, regular account reconciliations, custom reports, and account reviews.