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OUR SERVICES / Accounting

Accounting &
bookkeeping
done for you

Let our expert accountants handle your books, financial statements, and reporting — so your Malaysian company stays compliant and your numbers are always clean.

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SSM & LHDN compliant Cloud-based reporting Monthly updates
MIA-affiliated Accountants 4.9/5 from 280+ reviews Monthly financial reports Sdn. Bhd. & Labuan experts LHDN & SSM compliant

WHAT WE OFFER

Full-suite accounting services
for Malaysian companies

Whether you're a new startup or an established business, we handle your financials end-to-end — accurately and on time.

Bookkeeping

We record every transaction accurately and keep your books up to date month after month — so you always know where your money is going.

  • Daily / monthly transaction entry
  • Bank reconciliation
  • Accounts payable & receivable

Financial Statements

Professionally prepared P&L, balance sheets, and cash flow statements — ready for directors, investors, and regulators.

  • Profit & Loss statement
  • Balance sheet preparation
  • Cash flow statement

Management Accounts

Monthly management reports that give you real insight into your business performance, cash position, and profitability trends.

  • Monthly reporting package
  • KPI tracking dashboards
  • Budget vs. actuals analysis

Audit Support

We prepare your company for statutory audits, liaising with auditors and ensuring your records are clean and ready for review.

  • Audit-ready financials
  • Auditor liaison support
  • MFRS-compliant records

Payroll Processing

Accurate, timely payroll for your Malaysian employees — including EPF, SOCSO, EIS contributions and monthly salary slips.

  • EPF, SOCSO & EIS filing
  • Monthly payslip generation
  • PCB (income tax) deductions

Cloud Accounting Setup

We set up and manage cloud accounting software (Xero, QuickBooks, or SQL) so you have real-time visibility of your financials.

  • Xero / QuickBooks / SQL
  • Real-time dashboards
  • Accountant access included

THE PROCESS

How our accounting service works

Getting started is simple. We onboard you quickly and take over your books so you don't have to worry about a thing.

01

Onboarding Call

We learn about your business, entity type, and current accounting state to build a tailored plan.

02

Data & Access

Share your bank statements, receipts, and existing records. We set up or migrate your accounting software.

03

We Handle the Books

Our team takes over bookkeeping, reconciliations, and reporting — every single month, on schedule.

04

Reports Delivered

Receive clean monthly financial reports and insights. We flag issues and keep you informed at all times.

professional accountant team reviewing financial documents
500+
Clients
100%
Compliance
8yr
Experience

WHY CHOOSE US

Accounting experts who
know Malaysian compliance

Most accounting firms are generalists. We're specialists in Malaysian companies — we know SSM, LHDN, Labuan FSA, and local compliance requirements inside out.

Qualified Malaysian Accountants
All our accountants are MIA-certified and experienced with both Sdn. Bhd. and Labuan entities.
Fast Turnaround
Monthly reports delivered within 7 days of month-end. No waiting, no chasing.
End-to-End Compliance
From bookkeeping to audit-ready financials, we ensure your company is always SSM and LHDN compliant.
Dedicated Account Manager
You'll have one dedicated point of contact who knows your business inside out — not a rotating support desk.

PRICING

Simple, monthly accounting plans

Predictable pricing with no hidden charges. Scale up or down as your business grows.

STARTER

Basic Books

For startups with simple transactions and small teams.

RM 299 / month

Up to 50 transactions / month

  • Monthly bookkeeping
  • Bank reconciliation
  • P&L & Balance Sheet
  • Email support
  • Payroll processing
  • Management accounts
  • Audit support
Choose Starter
MOST POPULAR
GROWTH

Full Accounting

For growing companies needing complete financial management.

RM 699 / month

Up to 200 transactions / month

  • Everything in Starter
  • Management accounts
  • Payroll (up to 5 staff)
  • Cash flow statements
  • Dedicated accountant
  • Priority email & chat
  • Audit support
Choose Growth
ENTERPRISE

Premium CFO

For established companies needing audit, tax, and strategic finance.

RM 1,499 / month

Unlimited transactions

  • Everything in Growth
  • Audit support & prep
  • Tax planning & filing
  • Unlimited payroll
  • Virtual CFO advisory
  • Quarterly strategy call
  • 24/7 priority support
Choose Enterprise

All prices exclude SST. Need a custom plan? Contact us →

500+
Active Clients
100%
Compliance Rate
7d
Report Delivery
8+
Years Experience

CLIENT STORIES

Trusted by Malaysian businesses

Hear from founders who've handed their books to FormMY and never looked back.

"Since switching to FormMY for our accounting, our monthly reports arrive like clockwork. We always know exactly where we stand financially. Huge peace of mind for us."

avatar

Sarah Lim

Founder, SaaS startup, KL

"I run a Labuan company and FormMY handles all my accounting and tax. They know Labuan FSA rules inside out. I don't have to worry about compliance at all."

avatar

David Chen

E-commerce Director, Singapore

"Our audit used to be stressful — chasing documents, fixing errors. FormMY completely changed that. Last year's audit was the smoothest we've ever had."

avatar

Nurul Huda

Operations Manager, Penang

FAQ

Common questions

Everything you need to know about our accounting services.

Do I need accounting services if I just incorporated?
Yes. All Malaysian companies — Sdn. Bhd. and Labuan — are required to maintain proper accounting records from their first day of operation. Failing to do so can result in penalties from SSM or Labuan FSA.
Do you support both Sdn. Bhd. and Labuan companies?
Absolutely. We have dedicated teams experienced in both entity types. Labuan companies have different reporting requirements under Labuan FSA, and our accountants are well-versed in these distinctions.
What accounting software do you use?
We work with Xero, QuickBooks, and SQL Accounting — the most widely used platforms in Malaysia. We'll recommend the best fit for your business size and needs during onboarding.
How do I send you my financial documents?
Everything is handled digitally. You can upload receipts and invoices via our client portal, email, or WhatsApp. We also connect directly to your bank feeds through your accounting software for automatic reconciliation.
Is payroll included in accounting packages?
Payroll is included in our Growth and Enterprise plans. For the Starter plan, payroll can be added on as an optional service. All payroll processing includes EPF, SOCSO, EIS contributions, and monthly payslips.
Can I switch from my current accountant to FormMY?
Yes, and it's easier than you think. We handle the entire migration — from collecting historical records to re-entering data into your chosen accounting platform. There's minimal disruption to your business.

Let us handle the numbers.
You focus on growth.

Join 500+ Malaysian companies who trust FormMY with their books. Get a free consultation and a tailored accounting quote today.

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No commitment. Month-to-month. Cancel anytime.