Accounting & tax

Accounting Pathum Thani

Accounting for warehouses, factories, and rental income

Pathum Thani is a distribution hub for goods entering and leaving Bangkok, with industrial estates, large warehouses, and educational institutions that give rise to many dormitory and shop businesses around campuses. Our clients therefore include groups whose focus is on goods and movement, and groups whose focus is on rental income collected from many tenants in small amounts. These two groups fail in different ways: the warehouse group fails when stock numbers don't match actual goods, and the rental group fails when some income is received in cash without documentation. We provide accounting services in Pathum Thani by separating the working methods of these two groups from the start.

What we handle

Monthly bookkeeping, transaction recording, and trial balance preparation

File withholding tax (ภ.ง.ด.1/3/53) and value-added tax (ภ.พ.30)

Close annual financial statements, file ภ.ง.ด.50/51, and submit to the Department of Business Development

Prepare payroll, payslips, and remit social security contributions

Take over from previous accountant, and perform a retroactive account review before accepting the engagement

Warehouses storing goods for others

Many warehouse businesses do not own the goods they store; they accept goods on deposit and charge based on space or volume handled. In accounting, goods held on deposit are not the business's own inventory, but there must be a control system that proves which goods belong to whom. When this system is unclear, the result is not just an accounting problem but also liability under the warehousing contract. We therefore look at both the recording method and the contracts used with customers at the same time.

Dormitories and room rentals: income spread in small amounts

Dormitory businesses have many tenants paying monthly rent, water, and electricity. Some pay cash, some transfer, and there is a security deposit that must be returned when they move out. Without clearly separating what is income from what is money held on behalf of tenants, the revenue figures in the accounts will always be higher or lower than reality. What we set up is a room register tied to lease agreements and receipts, so every room can explain how much was collected and how much is outstanding for the month.

Accounting & tax services Lawyers in Pathum Thani

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.

Free initial consultation 092-254-2045

FAQ — Accounting Pathum Thani

2 questions answered

It depends on the size of the income, the number of properties, and the owner's long-term plan. It must be considered from both tax and asset-holding perspectives at the same time. We have lawyers and the accounting team review it together before presenting options for comparison.

Yes. In this case, the additional step is to distinguish which goods belong to the business and which are held on deposit, and to consolidate sales from all channels into one set before recording the accounts.