Accounting & Bookkeeping

A successful business starts with bookkeeping you can trust.

GPS Accounting wants you to focus on running your business and let us focus on your accounting and bookkeeping.

We are fully qualified and knowledgeable Thai accountants with extensive experience assisting foreign businesses in Thailand. We can expertly assess your Thai accounting needs and fluently explain the best course of action in plain English, avoiding confusion or misunderstandings.

Accounting

Effective financial management is essential for making informed business decisions and maintaining long-term growth.

Our accounting services provide businesses with accurate financial reporting, management accounts, budgeting support, cash flow monitoring, and ongoing financial administration. We help you gain a clear understanding of your financial position, identify opportunities for improvement, and ensure that key financial information is readily available when you need it.By delivering timely reports and meaningful financial insights, we help business owners and management teams make confident decisions, improve profitability, and maintain greater control over their operations.

Whether you are a small business, growing company, or established enterprise, our accounting support is tailored to your specific needs and objectives.

Bookkeeping

Maintaining accurate and organized financial records is the foundation of every successful business.

Our bookkeeping services ensure that your day-to-day financial transactions are properly recorded, categorized, and reconciled, providing you with reliable and up-to-date financial information at all times.

From transaction recording and account reconciliations to expense tracking, invoice management, and financial record maintenance, we help streamline your financial administration and reduce the burden on your internal team. With accurate bookkeeping in place, you can better monitor business performance, prepare for tax and compliance requirements, and make informed decisions with confidence, knowing your financial records are complete and accurate.

Accounting Reports We Offer

  • Balance Sheets: See how your assets and liabilities are affecting your company’s overall value.
  • Income Statements: Track profits and losses to understand your company’s financial health.
  • Accounts Receivable: learn who owes you how much and adjust customer credit accordingly.
  • Accounts Payable: plan expenditures better by knowing what bills still need to be paid.
  • Fixed Asset Register: determine what assets are losing value or need replacing
  • Project Accounting: gain more granular insights with reports on specific departments or projects.
  • Business Performance: assess your company’s performance measured against specific goals.

FAQ

When annual revenue exceeds THB 1.8 million.

Yes. Even inactive companies may still have filing and statutory obligations.
Yes. We work with Xero and other cloud systems, including setup, bookkeeping, reconciliations, and reporting.
Yes. We assist with company incorporation, VAT registration, and related business setup in Thailand.
Yes. All companies must keep proper accounts, file taxes, and prepare annual financial statements.

Costs depend on business size, transactions, employees, and service scope.

Yes. We support foreign-owned businesses, BOI companies, representative offices, and regional HQs.
Yes. We manage the transition and ensure a smooth transfer of records and filings.
Yes. We help catch up, reconcile accounts, and restore compliance.
Yes. We handle payroll, social security, withholding tax, payslips, and reporting.
Yes. We manage VAT, corporate tax, withholding tax, and annual filings.
In most cases, yes. Non-trading companies may still have filing obligations.
Monthly, quarterly, or annual reports including P&L, balance sheet, cash flow, and management accounts.
Monthly, quarterly, or annual reports including P&L, balance sheet, cash flow, and management accounts.