Accounting in a Liasion office


This query is : Resolved 

(Querist)
22 October 2007 Dear Sir
I am working as a finance/ Admin Officer in a Liaison office of a Hongkong Based Company.
My job profiles is as below.

1. Payroll is outsourced to our CA firm.
My job is to provide them data(Inputs & Investments etc) only in the end of each month to process salary,then transfer the salary to bank.
Prepare TDS/PF cheques and send them to CA firm.
2.To Keep HR Records.
3.To Update shipment record in a customised software.
4.To reconcile bank at the end of each month to generate report to our HKG office.

We Maintain accounts in Receipt & Payments Basis.

Please advise what else is there to learn in a Liaison office (LO),How can I make progress.


Regards

Puran Dangwal


puran (Querist)
22 October 2007 1

puran (Querist)
22 October 2007 1

R.V.RAO (Expert)
23 October 2007 IF YOU ARE KEEN TO LEARN REALLY,
I FEEL PAYROLL ACCOUNTING IN TOTAL IN STEAD OF IN BITS AND PIECES.
INVESTMENT ANALYSIS,ROI ANANLYSIS,
MANPOWERRECRUITMENT STRATEGY,NUANCES OF HRD AND MANAGEMENT,MIS-
YOUR OUTFIT IN INDIA AND HONGKONG AS A PROFIT CENTRE AND COST CENTRE.
WITHOUT LOSING BASIC FOCUS ON YOUR JOB, YOU CAN PICK UP MANY THREADS INCLUDING THE BUSINESS MODEL OF YOUR TOTAL ORGANISATION AND ITS REVENUE MODEL AND WAYS TO IMPROVE PROFITS AND CUTDOWN COSTS .
R.V.RAO


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