CloudCFO is an accounting services provider for startups and SMEs in the Philippines. The company was founded in 2016 and services more than 130 businesses in the Philippines. CloudCFO provides such services as accounting, bookkeeping, tax compliance, and financial reporting.
CloudCFO provides accounting services that include business model assessment, review of statutory compliance, advisory on tax treatment, and defining processes and controls. Also, they will maintain the integrity of accounting books, record all revenue & expense transactions, manage the cloud accounting systems, and generate accurate financial data. CloudCFO will assist you in closing your accounts, bank reconciliations, COGS, amortization, and depreciation, and provide financial reports & KPIs.
CloudCFO provides tax services such as computation of BIR tax filings, preparation & filing of all business tax returns, and classification & storage of tax filing documentation on the cloud accounting system. CloudCFO provides tax consultation services and tax management services. Additionally, they will assist with the identification of all relevant tax documentation to issue to your customers and receive from your suppliers.
Payroll services provided by CloudCFO include the generation of payment files, distribution of employee slips, statutory compliance filing (1601C, 2316,1604-C, and others), and consultation on new laws & regulations. In addition, CloudCFO offers HR and timekeeping modules.
Financial reporting services include a financial summary, income statement, cash flow statements, profit & loss statement, and balance sheet. Also, financial reports include KPIs, key financial ratios, and detailed analyses.