How to choose an accounting and bookkeeping firm in Malaysia (2026)

Choose a firm that states what the monthly fee includes (transaction volume, payroll, SST, e-invoicing), uses cloud software you can access, and delivers management accounts on a fixed schedule. Bookkeeping for small Sdn Bhds typically costs RM300 to RM3,000 a month. The check that matters most: confirm who prepares the annual financial statements and tax computation, and whether that is included.

Last updated 31 October 2026 · See the Top 10 accounting & bookkeeping in Malaysia →

Typical costs in Malaysia (2026)

Item	Typical range / basis
Bookkeeping (low volume)	RM300 – RM800 per month
Bookkeeping (medium volume)	RM800 – RM3k per month
Annual financial statements	RM2k – RM10k per year
Management accounts	Included or per month
Catch-up bookkeeping	Quoted per year of backlog

Editorial estimates from published rate cards and quotes. Always get written quotes.

Licence or registration to check

Bookkeeping itself is not licensed, but accountants using the title ‘chartered accountant’ must be MIA members. Sdn Bhds must keep proper records under the Companies Act 2016 and file financial statements with SSM. Only a licensed tax agent (ITA 1967 s.153) can file tax returns on your behalf.

Checklist before you hire

Fee tied to transaction volume, in writing
Cloud accounting software you can access
Monthly or quarterly management accounts
E-invoicing and SST handled
Clear deadlines for your documents

Questions to ask

What is included in the monthly fee?
Which software do you use, and do we own the file?
When will we receive monthly reports?
Do you handle e-invoicing and SST?

Red flags

No written engagement letter
Keeping your accounting file in their name
Slow responses near deadlines
Very low fees that exclude basics

Top-ranked accounting & bookkeeping right now

CCS & Co PLT — Kuala Lumpur, score 37/100
KS Lau & Co — George Town, score 34/100
3E Accounting Malaysia — Kuala Lumpur, score 32/100

Full Top 10 → Get matched

FAQ

Is bookkeeping the same as audit?

No. Bookkeeping records transactions; an audit independently checks the financial statements.

Which software is common?

Many Malaysian firms use local and international cloud packages; choose one with e-invoicing support.

Can my accountant also be my auditor?

Independence rules generally restrict this; use separate firms.