Accounting Nonthaburi
Accounting for service businesses where your biggest expense is your people.
Accounting for service businesses where your biggest expense is your people.
Nonthaburi is home to many small and medium-sized companies, especially service businesses, consultants, systems contractors, clinics and health establishments, as well as retailers selling both in-store and online. Service businesses have an accounting profile clearly different from buy-and-sell businesses: there is no inventory to count, but the largest expense is personnel compensation, which can be paid in various forms — salaries, project-based fees, and fees paid to independent contractors. Each type has different tax withholding requirements and documentation. We handle accounting for Nonthaburi businesses by first classifying compensation correctly, because it is a point where mistakes recur month after month.
What we handle
Independent contractors vs. employees
Service businesses typically use both permanent employees and independent contractors who work on a project basis. The two differ in withholding tax methods, social security obligations, and required documentation. A common problem is that businesses label the latter group as contractors, but their actual working conditions—working hours and supervision—are exactly those of employees. When audited, the deciding factor is the facts, not the contract title. That is why we have lawyers in the same office review the actual employment relationship alongside the accounting.
Registered office vs. actual workplace
Many service companies register their office at a director's home or condo, but operate elsewhere or with a distributed workforce. When expenses for that location are claimed as company expenses, you need documentation that explains how the space is used—such as a lease agreement and a reasonable allocation method. You cannot simply claim the whole amount. This is an item frequently adjusted during tax audits.
Talk to us about your accounts
Tell us what the business does and what state the books are in. We will say what to start with and what needs fixing for prior periods.
FAQ — Accounting Nonthaburi
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