Bookkeeping is an essential function in companies of all sizes and industries. It involves the recording, organising, and tracking of financial transactions, such as sales, purchases, payments, and receipts. Bookkeeping is critical for businesses to manage their finances effectively, make informed decisions, and comply with accounting standards and regulations.
In companies, bookkeeping is typically performed by an in-house accounting or finance team or outsourced to a bookkeeping service provider. By managing their financial records effectively, companies can improve their financial management, compliance, and tax planning. To best assist you and your corporation in all your bookkeeping needs, discover the 13 best bookkeeping service companies here in Malaysia.
What is the Difference Between Accounting and Bookkeeping?
According to Xero, Accounting and bookkeeping are both essential components of financial management in any business. While they are related, there are some key differences between the two functions.
- Bookkeeping
Bookkeeping is the process of recording financial transactions, such as sales, purchases, payments, and receipts, in a systematic and organized manner. The bookkeeping process involves tasks such as recording transactions in journals, posting them to ledgers, reconciling accounts, and generating financial statements. Bookkeeping is important because it provides the basis for accurate financial reporting and analysis.
2. Accounting
Accounting, on the other hand, is a broader function that involves analyzing, interpreting, and communicating financial information to stakeholders such as investors, creditors, and management. Accounting involves tasks such as preparing financial statements, analyzing financial data, and providing financial advice to management. Accounting is important because it provides insights into the financial health of a business and helps stakeholders make informed decisions.
What are the Services Offered by a Bookkeeping Service Company?
Based on the services listed below, the bookkeeping service company offers a range of services to help businesses manage their financial records and ensure compliance with accounting standards and regulations. Here are some of the services commonly offered by bookkeeping service companies:
1. Accounts Payable and Receivable
Bookkeeping service companies can help businesses manage their accounts payable and accounts receivable functions. This includes recording and tracking invoices, processing payments, and managing collections.
2. Bank and Credit Card Reconciliations
Bank and credit card reconciliations are an important part of bookkeeping that help businesses ensure the accuracy of their financial records. Bookkeeping service companies can reconcile bank and credit card accounts to ensure that the transactions recorded in the books match the transactions recorded by the bank or credit card company.
3. Payroll Processing
The process of calculating and distributing employee salaries, wages, and benefits is known as payroll processing. Bookkeeping service companies can manage payroll processing, including calculating employee salaries, processing payroll taxes, and preparing W-2s and 1099s.
4. Financial Reporting
Another important service provided by bookkeeping service companies is that they can generate financial reports, such as balance sheets, income statements, and cash flow statements, to provide insights into the financial performance of the business.
5. Budgeting and Forecasting
Budgeting and forecasting are important components of bookkeeping that help businesses plan and manage their finances effectively. Bookkeeping service companies can provide budgeting and forecasting services to help businesses plan for future financial needs and opportunities.
6. Tax Preparation
Bookkeeping service companies can prepare and file tax returns for businesses, ensuring compliance with tax regulations and maximizing tax savings.
Read through the following lists for more accounting-related solutions for your business:
- Best Accounting Firms for SMEs in Malaysia
- Best Accounting Firms in Malaysia
- Best Accounting Softwares in Malaysia
- Best Recruitment Agencies In Malaysia
- Best Payroll Systems in Malaysia
- Best Company Secretarial Service Providers in KL & Selangor
13 Best Bookkeeping Service Companies in Malaysia 2025
1. MISHU
All Malaysian companies are required by law to keep adequate books of accounts. Good bookkeeping makes day-to-day account maintenance and auditing of financial statements for annual returns easier. MISHU provides a full variety of accounting and bookkeeping services by licenced experts to both new and established businesses. MISHU aspires to be Malaysia’s top business consulting firm, assisting clients in achieving long-term growth and success through creative solutions and skilled advice.
Operating Hours:
9:00 am – 6:00 pm (Monday – Friday)
Closed on Saturday & Sunday
Address: A-3-3, Aurora Place, Plaza Bukit Jalil.1, Persiaran Jalil 1, Bandar Bukit Jalil, Bukit Jalil, 57000 Kuala Lumpur
Phone No: 011-1203 7291
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/digitalmishu/
Instagram: https://www.instagram.com/digitalmishu/
Check Info On Website2. Total Group
Accounting is required by all entities and corporations. Have you discovered the right one? Still hunting for the right person for you? Check out Total Group and let them handle all of your accounting and bookkeeping needs. They will identify the ideal solution that not only addresses your problems but also exceeds your expectations. Accounting and bookkeeping will also help an organisation to have completely integrated reporting, and they provide high-end quality service by focusing on customising a plan that is tailored to you.
Operating Hours:
9:00 am – 6:00 pm (Monday – Friday)
Closed on Saturday & Sunday
Address: I-4-8 I-avenue, Medan Kampung Relau 1, 11900 Bayan Lepas, Penang
Phone No: 04-638 0479
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/totalgroupberhad/
Instagram: https://www.instagram.com/totalgroupberhad/?hl=en
Refer Info On Website3. KTP & Company PLT
KTP & Company PLT provides assurance on your company’s financial performance and operations. They may also assist your company in improving its external financial reporting and adapting to new regulatory standards like the Malaysian Financial Reporting Standards (MFRS) and Malaysian Private Entities Reporting Standard (MPERS). Their technique can also be adjusted to match the needs of any size organisation. Every audit and report is supported by their industry knowledge and qualified professionals. As a firm, they assist clients in responding to the need for greater transparency, stronger corporate governance, and business models based on sustainable principles.
Operating Hours:
9:00 am – 5:15 pm (Monday – Friday)
Closed on Saturday & Sunday
Address: Wisma KTP, 53, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru, Johor
Phone No: 07-361 3443
Google Map: Navigate Now
Google Review: Here
Facebook: https://www.facebook.com/www.ktp.com.my/
Instagram: https://www.instagram.com/ktp_lifestyle/
Website Info4. Lay & Co.
Based on their audit, Lay & Co.’s obligation is to provide a judgement on your bookkeeping and financial statements. Their goals are to obtain reasonable assurance that your company’s financial statements are free of serious misstatement, whether due to fraud or error and to issue an auditors’ report that gives their view. Their accounting team has extensive experience creating accounts for firms such as sole proprietorships, partnerships, private limited corporations, and limited liability partnerships. They may manage your company’s accounts and bookkeeping based on your needs.
Operating Hours:
9:00 am – 6:00 pm (Monday – Friday)
Closed on Saturday & Sunday
Address: 1st Floor, 17, Lorong Ceri 5, Taman Ceri, 12300 Butterworth, Pulau Pinang
Phone No: 016-477 6746
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/LANDCO.ACCOUNTANTS/
View website5. AA Associates Chartered Accountants
AA Associates Chartered Accountants is a firm that provides a statutory audit and provides an opinion on financial accounts in accordance with applicable laws, legislation, and agreements. They specialise in identifying financial positions, contingent liabilities, capital commitments, business hazards, and other client-specific needs. Furthermore, they examine internal controls and systems, detect flaws, and offer effective and feasible internal control processes.
Operating Hours:
9:00 am – 5:30 pm (Monday)
8:30 am – 5:30 pm (Tuesday – Friday)
Closed on Saturday & Sunday
Address: 6, Jln Melaka Raya 35, Melaka Raya, 75000 Malacca
Phone No: 06-292 2154
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/aaassociatess/
View website6. PwC Malaysia
PwC Malaysia’s services extend beyond legislative and compliance requirements. The demand for greater transparency, stronger corporate governance, and greater organisational agility and resilience has enabled them to cultivate new, meaningful connections with their clients.
They presently service numerous top Bursa Malaysia-listed firms, as well as developing Malaysian multinationals and growing businesses. Beyond their bookkeeping responsibilities, they aim to share their thoughts and knowledge with you to help you through the process. PwC Malaysia takes the time to get to know you and your business so that they can help you better plan for the future.
Operating Hours:
8:30 am – 5:30 pm (Monday – Friday)
Closed on Saturday & Sunday
Address: Level 10, Menara TH 1 Sentral, Jalan Rakyat, Kuala Lumpur Sentral, 50706 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur
Phone No: 03-2173 1188
Google Map: Navigate Now
Google Review: Here
Facebook: https://www.facebook.com/pwcmsia/
View website7. THK Management Advisory
In today’s ever-increasingly complicated corporate environment, a well-designed accounting system and timely information generation are critical. THK Management Advisory will keep you up to date on Malaysia’s ever-changing laws and regulations, and they will ensure you avoid significant penalties. They will provide you with the expert knowledge you need to stay on top of all of your accounting and bookkeeping demands, allowing your company to prosper. With their company’s 20 years of experience, over 200 served clients, and experienced staff, this is definitely a service you can count on for your bookkeeping needs.
Operating Hours:
9:00 am – 5:00 pm (Monday – Friday)
Closed on Saturday & Sunday
Address: Wisma THK, 41, Jalan Molek 1/8, Taman Molek, 81100 Johor Bahru, Johor
Phone No: 07-361 3443
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/thk.advisory.1
Instagram: https://www.instagram.com/ktp_career/?igshid=1o6uhgoz6wee4
View website8. 3E Accounting Malaysia
3E Accounting provides a full variety of accounting and bookkeeping services in Malaysia for your new or existing business. Their accountants may prepare your accounting information on a monthly/quarterly/yearly basis for GST submission, annual statutory audit, and corporate tax submission to IRB. They specialise in keeping an up-to-date accounting system that helps you to handle your accounts efficiently and affordably. 3E Accounting offers a broad range of accounting services to businesses that want to outsource their bookkeeping function in a professional and timely manner.
Operating Hours:
9:00 am – 6:00 pm (Monday – Friday)
Closed on Saturday & Sunday
Address: Menara Centara, 360, Jalan Tuanku Abdul Rahman, #20-01, 02/03, 50100 Kuala Lumpur
Phone No: 03-2733 8633
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/3ecpaMy/
Instagram: https://www.instagram.com/3ecpaMY/
View website9. J & J Corporate Services
J & J Corporate Services believes that a professional accountant is more than just a bookkeeper or bean counter. A great accountant can aid the customer not only in ensuring compliance with the appropriate rules and regulations but also in growing the firm. Because having a permanent accounting team is difficult for SMEs, they offer their bookkeeping service at a lower cost than having a permanent employee. Their employees will come in on a weekly, bi-weekly, or monthly basis to help sort and file letters and documents. Payment vouchers, cheques, and invoices are issued on behalf of the client.
Operating Hours:
9:00 am – 6:00 pm (Monday – Friday)
Closed on Saturday & Sunday
Address: 113, Jalan Sutera Tanjung 8/2, Taman Sutera Utama, 81300 Skudai, Johor
Phone No: 07-558 5249
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/jj.corporateservices
View website10. YAU & CO.
Bookkeeping is a crucial role for organisations of all kinds that demands precision, attention to detail, and a thorough understanding of accounting principles. YAU & CO. is a bookkeeping service provider that provides businesses with a dependable and effective method of managing their financial records. Bookkeeping Solutions’ expert team of bookkeepers is one of its primary features. They use trained bookkeepers who are well-versed in accounting concepts and practices. This knowledge enables them to supply organisations with precise and dependable financial records, ensuring that their clients comply with accounting standards and requirements.
Operating Hours:
9:00 am – 6:00 pm (Monday – Friday)
Closed on Saturday & Sunday
Address: E-3A-26, IOI Boulevard Puchong, Jalan Kenari 5, Bandar Puchong Jaya, 47170 Puchong, Selangor
Phone No: 018-206 8699
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/Yaucobizadv/
View website11. WeCorporate Global Consultancy
WeCorporate Global Consultancy is a renowned worldwide consultancy organisation that provides a comprehensive variety of business and management consulting services to companies of all sizes and sectors. Bookkeeping services are offered by WeCorporate Global Consultancy as part of their broader offering of business and management consulting services. Their bookkeeping services are intended to assist firms in managing their financial records and adhering to accounting standards and regulations. WeCorporate’s bookkeeping services include accounts payable and receivable, bank and credit card reconciliations, payroll processing, and financial reporting. They use cutting-edge bookkeeping software and solutions to streamline bookkeeping activities and improve productivity, allowing their clients to save time and resources while ensuring accuracy and dependability.
Operating Hours:
8:30 am – 6:00 pm (Monday – Friday)
Closed on Saturday & Sunday
Address: D-8-3A, Menara SuezCap 1 KL Gateway, 59200 Kuala Lumpur
Phone No: 012-749 7911
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/wecorporatemalaysia/
View website12. HA & CO. Chartered Accountants
HA & CO. Chartered Accountants has always adhered to the establishment of a professional mechanism and system, as well as a comprehensive set of office management systems and practice guidelines. Simultaneously, the firm has developed a core team with strong innovation, cohesion, competitiveness, and dedication in all aspects, creating a first-class brand culture, streamlining bookkeeping functions, and improving efficiency, allowing their clients to save time and resources while ensuring accuracy and reliability. Their accounting firm services can also assist you in gaining insights into prospective chances so that you are well prepared to capitalise on them when the time comes.
Operating Hours:
8:30 am – 5:30 pm (Monday – Friday)
Closed on Saturday & Sunday
Address: 93-01, Jln Anggerik Emas 1, TAMAN ANGGERIK EMAS, 81200 Johor Bahru, Johor
Phone No: 07-283 0168
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/hacocharteredaccountantsMY/
VIEW WEBSITE13. KMS Corporate Consultants Sdn. Bhd.
In 1994, KMS Corporate Consultants began as a provider of Accounting, Secretarial, and Taxation services and expanded into accounting software as a UBS dealer. For over 20 years, they have risen from strength to strength and established themselves as a dependable service for accounting and management operation automation advice and implementation. KMS Corporate Consultants is a high-quality accounting service provider that gives businesses the peace of mind that comes with reliable and precise financial records. Their dedication to technology, personalised service, and attention to detail distinguish them as a standout alternative for any organisation wishing to optimise bookkeeping procedures and improve financial management.
Operating Hours:
9:00 am – 5:30 pm (Monday – Friday)
Closed on Saturday & Sunday
Address: 19A, Persiaran Greentown 7, Pusat Perdagangan Greentown, 30450 Ipoh, Perak
Phone No: 05-254 7208
Google Map: Navigate Now
Google Reviews: Here
Facebook: https://www.facebook.com/kmscc/
View websiteDisclosure: This list was compiled by the team at My Weekend Plan after extensive research and shared opinions to suggest helpful recommendations for the public. The sequence of brands is in no particular order so if you have any other great suggestions too, please email us support@myweekendplan.com.my. For more information, kindly refer to our copyright, privacy & disclosure policy.
