Other Services For Schools
City AI Accounting
Other Services For Schools
We provide not only professional school entry and audit services, but also professional accounting related services:
Monthly salary and MPF calculation ( including annual IR56B declaration )
Monthly MPF contribution handling
Prepare payment documents, issue bank cheques
IR56B declaration ( paper / electronic filing )
Resolve school accounting issues
Other Services For Schools
We are familiar with the requirements and practices of the EDB and the operation of schools ( primary, secondary and kindergarten ) in Hong Kong. We understand that school accounting matters need to be handled by a professional accountant or team with school accounting experience. We specialise in accounting, auditing and related services for schools in Hong Kong. We have a professional school accounting team and a professional school accounting system, EDAC, with over 20 years of experience in school services, At the same time, we continue to build on our experience and learn from the new practices and changes that EDB makes each year to keep up with the times in order to provide a more professional and quality service to schools.
* EDAC accounting system is developed by Norray Professional Computer Ltd., which is one of the company of our group
Monthly Salary Service
School may simply provide us with staff information based on our template, we use a professional HR & Payroll system to co-ordinate the school staff's monthly payroll, MPF, leave, personnel, etc.. There are also annual summary statements and annual records from personnel to payroll, so that the school can have a clear overview of their salary status
Monthly MPF Contribution Handling
We are familiar with the processing and requirements of schools' MPF contributions. Our system collates and verifies the schools' monthly MPF contribution data and submits it to the bank or the school's MPF organisation
Prepare Payment Documents, Issue Bank Cheques
We are aware that schools have a lot of accounting administration and issue bank cheque to deal with, and we may provide assistance to this kind of works. We have many years of experience in school accounting services and are familiar with school practices for processing payments and issuing bank cheques, what school need to do is just simply provide their requirement and notification to us
IR56B Declaration
( Paper/Electronic Filing )
IR56B filing is a complicated, tedious and data-intensive task that has to be done and requires someone with knowledge of calculation or accounting to ensure that the data is accurate and complete.
Use our IR56B filing service, we have our professional staff to process and submit those forms to the IRD on time without any hassle
We will provide IR56B filing for that year for free when school uses our annual monthly payroll service
Resolve School Accounting Issues
We have rich experience in accounting and auditing and are familiar with EDB practices and requirements, we are well versed in solving problems related to the transfer of school government accounts and school accounts, opening & balance of accounts, depreciation of school fixed assets, school stocks, etc.
We can assist schools that have been unable to complete their accounts due to staff shortages by helping them finalize their annual bookkeeping and auditing, ensuring they successfully submit the relevant audit reports to the EDB