Outsourced accounting services for Malaysian SMEs
Hand your monthly accounting to a dedicated team instead of hiring in-house. WeCount records your transactions, reconciles every bank account, tracks what you are owed and what you owe, and sends management accounts every month, on a fixed fee from RM388.
What outsourced accounting covers
Monthly bookkeeping
Sales, purchases, expenses, receipts and journals recorded every month, each linked to its supporting document.
Bank reconciliation
Every bank account, card and e-wallet reconciled to the statement, with unmatched items chased, not parked.
Receivables and payables
Customer balances, supplier bills, due dates and ageing kept current, so you know who owes you and what you owe.
Management accounts
Profit and loss, balance sheet, cash position and ageing each month, with commentary in plain language.
LHDN e-Invoice support
Customer data readiness, MyInvois submission support, consolidated e-Invoices and reconciliation of e-invoiced sales to the bank.
Year-end handover
Clean ledgers, schedules and an indexed evidence file for your auditor, tax agent and company secretary.
Why Malaysian SMEs outsource their accounting
A full-time accounts clerk costs at least the RM1,700 minimum wage plus the employer's EPF, SOCSO and EIS contributions, before training, leave cover and software. For most SMEs the monthly accounting work does not fill a full-time role, so outsourcing buys a complete service for less than one salary.
- One fixed monthly fee agreed upfront; anything outside scope is quoted before we start.
- No gap when staff resign, fall ill or go on leave.
- Books closed every month, so Form C, SST and e-Invoice deadlines never become a scramble.
- Reports you can act on, not just records kept for the tax agent.
- Supporting documents filed with the entries and kept for the 7 years the law requires.
What you hand over each month
How outsourcing your accounting to WeCount works
Assess
Share your monthly transaction volume, bank accounts, turnover and current process. We recommend a package that fits, not the biggest one.
Onboard
We collect prior records and opening balances, agree a chart of accounts and set up one place to send documents.
Monthly cycle
You send documents by the agreed date. We record, reconcile and chase whatever is missing before the month closes.
Report
Management accounts arrive on the agreed timeline, followed by a short review of what changed and what needs a decision.
Year end
Your auditor, tax agent and company secretary receive clean ledgers, schedules and evidence, ready for the audit, Form C and SSM lodgement.
What outsourced accounting costs in Malaysia
WeCount's monthly packages are matched to your transaction volume and complexity. Historical clean-up, payroll, complex inventory, foreign currency, audit support and specialised tax matters sit outside the monthly scope and are quoted before we proceed.
RM388 per month
Matched to your monthly transaction volume
RM688 per month
Matched to your monthly transaction volume
RM988 per month
Matched to your monthly transaction volume
RM1,288 per month
Matched to your monthly transaction volume
What we do, and what your auditor and tax agent do
Outsourcing your accounting to WeCount covers the recurring work: recording, reconciliation, receivables and payables, management accounts and e-Invoice support. You keep full ownership of your records and your decisions.
Statutory audit, tax computation and Form C submission, and company secretarial filings remain with the professionals the law requires. Regulated audit, tax-agent and professional accountancy services are delivered through appropriately authorised partners where required.
Trading and wholesale, F&B, retail, clinics and salons, contractors, agencies and professional services, e-commerce sellers and owner-managed Sdn Bhds that want current books without building an accounts department.
Outsourced accounting in Malaysia: common questions
What is outsourced accounting?
Outsourced accounting means handing the recurring accounting work, such as recording transactions, bank reconciliation, receivables and payables, management accounts and e-Invoice support, to an external team for a monthly fee instead of employing staff. You keep ownership of your records and decisions; the year-end audit and tax filing stay with authorised professionals.
How much does outsourced accounting cost in Malaysia?
Fees depend on transaction volume, the number of bank accounts, payroll headcount, SST, inventory and how organised your documents are. WeCount's monthly packages run from RM388 to RM1,288, matched to volume, with out-of-scope work quoted separately.
Is outsourcing cheaper than hiring an in-house accounts clerk?
Usually, when the work does not fill a full month. An in-house hire costs at least the RM1,700 minimum wage plus the employer's EPF, SOCSO and EIS, leave cover, training and software. Compare the full workload against the package fee, not salary against fee alone.
Do I still need an auditor or a tax agent?
Yes, where the law requires them. A Sdn Bhd appoints an auditor each year unless it qualifies for audit exemption, and Form C is prepared and submitted by a licensed tax agent. WeCount prepares clean books and schedules for them; regulated services are delivered through appropriately authorised partners where required.
How do we move from our current accountant to WeCount?
Agree a cut-off date, usually a month end, and collect the trial balance, general ledger, latest financial statements, fixed asset register and open receivables and payables. We set the opening balances, reconcile the first month and carry on from there.
Does outsourced accounting include e-Invoice?
Yes. As of October 2026, businesses with annual turnover below RM3 million are exempt from e-Invoice unless a related-company exclusion applies. If you must or choose to e-invoice, we support your MyInvois submissions, consolidated e-Invoices and the reconciliation of e-invoiced sales to your bank.
Read before you outsource
Outsource Bookkeeping or Hire an Accountant? A Guide for Malaysian SMEs
Outsource bookkeeping or hire accounts staff in Malaysia? Compare the full cost of a hire, what a monthly service covers, the hybrid option and what to ask.
Bookkeeping Fees in Malaysia: What You Pay For and How to Compare Quotes
What sets bookkeeping fees in Malaysia: volume, bank accounts, payroll, e-Invoice, SST and backlog. What a fee should include and how to compare quotes.
How to Change Your Accountant or Bookkeeper in Malaysia Without Losing Records
Changing accountant or bookkeeper in Malaysia? When to switch, which records to request, how to set the cut-off and opening balances, and who to inform.
Ready to outsource your accounting?
Tell us your monthly transaction volume, bank accounts and turnover. We will recommend the package that fits and what it includes, in writing.
Your package is matched to your company’s transaction volume and accounting needs. Work outside the agreed monthly scope—such as historical cleanup, payroll, complex inventory, foreign currency, audit support or specialised tax services—will be discussed and quoted before we proceed.
