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YRA Outsourcing and Business Solutions

Office Address: LG1, 111 Paseo De Roxas, Legaspi Village, Makati City, 1229, Philippines
L: (02) 914 6594 M: 0917 827 7641 Email: info@yraoutsourcing.com

Save monies, save time and ADD VALUE to your business!


• As much as 50% savings on what you would pay internal accounting staff but with same
or even more than qualified staff.
• No overhead costs associated with hiring, training and maintaining internal finances.
• No employee contributions, no 13th month pay, no other employee benefits. Just fixed fee.
• Eliminates the tiresome preparation of payroll.
• Increases the volume of work without having to add extra staff.

Boost your profit by outsource! Let us do your bookkeeping now!

Your core job is to manage your business, give better service to your customers and attend to
their needs. However, there is lot of paperwork to be done but you have little time or inclination
to do it.

As business owners, you need to see your income and expense statements, pay taxes and file
tax returns at the end of the year, and most importantly, provide great customer satisfaction. But
you also want to reduce expenses, so you don’t want to add space and overhead costs.

We handle your record keeping so you can stay focused on management, revenue growth and
profit maximization.

BOOKKEEPING

Our bookkeeping services allow you to run your business without the headaches of worrying
about paying bills on time, invoicing customers, and preparing payroll.

TAX RETURNS (BIR, PEZA Compliances)

When your Life Changes, So Do Your Taxes! We continuously monitor BIR and PEZA tax law
changes to allow our clients to minimize current & future tax liabilities.

HOW IT WORKS

Your back office is just around the corner! It is not as complicated as you might think. It is as
EASY AND SECURE as working someone located next door to your office.

CALL US NOW FOR APPOINTMENT AND OTHER INQUIRES:

L: (02) 914 6594

M: 0917 827 7641


YRA Outsourcing and Business Solutions
Office Address: LG1, 111 Paseo De Roxas, Legaspi Village, Makati City, 1229, Philippines
L: (02) 914 6594 M: 0917 827 7641 Email: info@yraoutsourcing.com

YRA OUTSOURCING AND BUSINESS SOLUTIONS

ABOUT US

YRA Outsourcing and Business Solutions provides a broad range of business solutions to our
local (Philippines) and foreign clients (i.e. Australia and USA). These includes Offshore Staffing,
Outsourcing of Accounting, Bookkeeping, Tax Compliances, Payroll Services, Digital Marketing,
Accounting System Support, Human Resource and Recruitment, Business Registrations, and
other management consultancy to clients in a range of industries.

Our team composed of certified accountants from Philippines and has tax certifications from
Australia. We started as home-based offshore accountants directly hired by an Australian
Accounting Firm and handles Philippine clients since 2014. With the PH and AU accounting and
compliance experiences gained for over 5 and 2 years, respectively, our team have formally
established the company in year 2016. Due to high demand in offshore and outsource staffing
of accountants and non-accountants, we have opened our offices in Makati (Ayala and Paseo
De Roxas) and Taguig (Bonifacio Global City) to meet the demand of our clients and
standardize our policies and procedures.

WHY OUTSOURCE AND OFFSHORE ACCOUNTING AND NON ACCOUNTING WORKS?

What is the difference between “outsourcing” and “offshoring”? Offshoring simply means getting
work done in different country; while outsourcing refers to contracting work out to an external
organization. Our company is thus the process of employing staff in the Philippines (as an alternative
to your home Country) to complete a business process (e.g. Accounting, Software Development,
etc.) . We also do other business solutions and compliances by Philippine companies through
outsourcing. Thus, both business procedures have all the same purpose – to reduce their costs
effectively and efficiently and focus on operating activities and business growth.

COMPANY OVERVIEW AND DESCRIPTION


Our company focus on offshoring, outsourcing, and other business solutions in the Philippines.
Our organizational structure includes an excellence passionate Operations Department, HR and
Recruitment Division, Facility Management, Marketing and Sales, Client Experience and
Account Management Department. Through outsourcing and offshoring accounting and non
accounting work in the Philippines through our company, you can now truly add value in
compliance work and focus more on your client’s future plans.

COMPANY CLIENTS:

• Liquione Enterprises Corp.


• Wingedwonder Corporation
• Dino Alberto Architects and Planners Co.
• BigBenta Corporation
• Delsto Holdings Corporation
YRA Outsourcing and Business Solutions
Office Address: LG1, 111 Paseo De Roxas, Legaspi Village, Makati City, 1229, Philippines
L: (02) 914 6594 M: 0917 827 7641 Email: info@yraoutsourcing.com

• Eurospec Motors Corp.


• Ideal International Education Consultant Corp.
• Impression Chinese Food and Restaurant Management Corporation
• Pisen Electrnics Philippines Corporation
• Thrive Technologies BPO Inc.
• Trueventus Philippines, Inc.
• Tumba-Tumba Crispy Pata
• Robiroha Construction Firm
• C & E Online Training Corp.
• Australian Accounting Firm
• Other Individual Clients Registered with BIR
• Some other clients are not allowed to disclose due to confidentiality clause signed
by YRA Outsourcing and Business Solutions and the client.

SERVICES AND RETAINER (FOR PHILIPPINE CLIENTS)

I – Monthly Accounting and Bookkeeping Services

• Php 5,000.00/month – Manual book of accounts and loose-leaf records for NON
VAT & VAT Registered
• Php 10,000.00/month – Stand-alone accounting software or any cloud bases
accounting system for NON VAT or VAT Registered (Quickbooks, MYOB
Accounting, and Xero)
◦ Services includes the following:
▪ Verify the correctness of accounting entries and documentation of
supporting documents (e.g. Invoices, official receipts, vendor bills, etc),
Computation of Payroll, Taxes withheld, Statutory Contributions, etc.,
Bank Reconciliation Statements and Financial Statements
▪ Provide over-all bookkeeping services in the general accounting work
particularly in the areas of transaction processing and
documentation, preparation of accounting entries using manual book
of accounts, loose-leaf records, stand-alone accounting software or
any cloud bases accounting system.
▪ Documentation. Vouching and verification of source documents
(e.g. Invoices, official receipts, vendor bills, etc.) for monthly review
of monthly and quarterly BIR compliance reports.
▪ Payroll. Verify the correctness of payroll computation, taxes
withheld, statutory contributions, etc.
▪ Cash and Cash Equivalents Reconciliations. Review of
Bank Reconciliation Statements
▪ Monthly Financial Statements Preparation
▪ Annual BIR Registration
▪ Assistance that may be provided to your external auditors in
connection with the audit of the year-end financial
statement.
YRA Outsourcing and Business Solutions
Office Address: LG1, 111 Paseo De Roxas, Legaspi Village, Makati City, 1229, Philippines
L: (02) 914 6594 M: 0917 827 7641 Email: info@yraoutsourcing.com

▪ Assistance that may be provided to The Company in connection


with the audit of the year-end financial statement.
▪ Recommend financial control, systems and procedure to ensure
the proper management of The Company finances.
▪ Assistance that may be provided to your admin staff in
connection with the preparation of government reports.
▪ Identify circumstances that may benefit the company to seek the
assistance of an external professional-such as lawyer or tax adviser-
then select suitable candidates/s and ensure or maintain and
effective line of communication are rendering their services.
▪ Accounting staff reporting to client’s office twice a month.
▪ Free payroll processing and computation for 3 employees.
▪ Additional Php 1,000.00 for every first 10 employees.
▪ Package will include monthly and quarterly BIR Reporting
Preparation and Management Consultancy

II – BIR Report Preparation and Management Consultancy

(i.e. filing and preparation of BIR and PEZA reports, payment of Taxes, employee
contribution remittances, advisory services, tax and other business strategies)

Php 5,000.00 – Preparation of the following BIR tax returns monthly, quarterly, and
annually (Non VAT and VAT Registered). Other services that includes are the
following:

• PEZA Reportorial (Monthly, quarterly and annually)


• Annual AFS and ITR submission to SEC
• Business permit annual renewal
• BIR Compliances:

Monthly:
1601E Creditable income taxes withheld (expanded)
1601C Employee Compensation Withheld
2550M Monthly VAT Return / 2551M Percentage Tax Return

Quarterly:
1702Q Quarterly income
tax return
VAT Relief
2550Q Quarterly Income Tax Return

Annually
1604 E Annual information return of creditable income taxes
withheld expanded)/income payments exempt from withholding
tax
YRA Outsourcing and Business Solutions
Office Address: LG1, 111 Paseo De Roxas, Legaspi Village, Makati City, 1229, Philippines
L: (02) 914 6594 M: 0917 827 7641 Email: info@yraoutsourcing.com

Alpha list Summary of Employee and Vendors for MWE and regular
earners 1604CF - Annual Alphalist of Employee Compensation
Annual Business Registration to BIR

III – Year-End Audit of Financial Statements

• Php20,000.00 – Year-End Annual Audit Fee below Php10M


• Php30,000.00– Year-End Annual Audit Fee Php10M and above

IV – Business Registrations

Below company registration is Php3,500.00 per item

o SEC – for Corporation and Partnership; DTI – for sole proprietorship


o Registration to Other Special Registration for Government Agencies
o Mayor’s Permit
o Locational Clearance and other Business Permits required by LGU
o Barangay Clearance
o BIR Registration
o Registration of Accounting Books (Manual) and ATP Application with Printing
of Invoices
o Registrations with SSS, PHIC, and HDMF – Php5,000.00
o Document Amendments
o Business Permit Renewal – Php5,000.00
o Computerized Accounting System and Accounting Looseleaf Record
Registration – Php15,000.00
o PEZA Registrations – Php20,000.00
o PCAB Registrations – Php20,000.00

Services:Corporate ServicesAccounting OutsourceBusiness RegistrationGeneral


Accounting and Book KeepingBusiness ConsultingFinance SupervisionCompany
Policy ProcedureBusiness Process ReviewFinancial Statement AnalysisPayroll
SolutionsTax CompliancePayroll OutsourcingDigital MarketingPayroll SoftwareWeb
Design and Development

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