Welcome to HKAccount.ing!

Welcome to HKAccount.ing, a boutique digital consultancy specializing in accounting, HR, sales, and operation process automation. Our aim is to help you improve your productivity by leveraging ready-to-use productivity SaaS and no-code AI automation.

We understand the office software, email and instant message like WhatsApp had helped a lot in our daily work. However, most of us only turn the data from analog to digital, from paper to screen, without transforming ourselves to get familiar with various automatic operation procedures, which are already come together in the tools we worked with everyday. We are ready to uncover all those magic in your working environment, guide your practice towards productivity improvement.

Early Bird Discount

From now till 31 August, 2024, we offer an early bird discount for early adopters. The first block of tokens for up to 10 staffers is priced at $1,499, a discount of more than 50%! Check out our pricing!

Services

Knowledge-Based System (KBS) Development

Empower businesses to make informed decisions quickly and confidently, driving efficiency and innovation. LSP Genie is a prime example of our commitment to delivering the solutions in accounting professions, to assist in Hong Kong MPF-LSP offsetting accounting accruals amount calculation.

Digital Transformation Training

In today’s fast-paced technology landscape, continuous learning and upskilling are vital to staying competitive. Our up-skilling training programs are designed to equip medium and small enterprises non-techies, with the most on-trend and relevant technology knowledge and skills, based on the latest technology talks-of-the-town.

Advisory Services in Robotic Process Automation

Automation Readiness Assessments and Reviews; Defining the Governance Framework; Technical Support; RPA Implementation Support; Incorporating Machine Learning and Artificial Intelligence; Process Reform Support

Long Service Payment Accounting

The Legislative Council has passed the legislation to abolish using the accrued benefits of employers’ mandatory contributions under the Mandatory Provident Fund (MPF) System to offset severance payment (SP) and long service payment (LSP) in June 2022. The Government has announced that the abolition of offsetting arrangement will take effect on 1 May 2025.

Prior to 1 May 2025, employers are allowed to offset their obligation of LSP against the contribution they make under the MPF scheme. After the abolition of the MPF-LSP offsetting mechanism, employers in Hong Kong are required to bear and pay SP/LSP to their employees on top of the MPF they contributed.

The abolition of the MPF-LSP offsetting mechanism carries significant accounting implications that may appear intricate and challenging to comprehend. HKICPA has issued Alert 44 that discussed the accounting implications. The two recommended methodologies put forth by the Hong Kong Institute of Certified Public Accountants (HKICPA) for addressing the accounting treatment of relevant costs.

LSP Genie Free is Online

Use our LSP Genie Free to see how LSP Genie can help you. It’s our software as a service (SaaS) solution to tackle the LSP accounting problem. It’s computation is performed by the engine of our premium service. So you can try it out and understand the values that our service can bring to you.

Planning Your LSP Calculations

We do the heavy job, but we need your numbers to help you. Before you do the computation for LSP accounting, you need to gather some information in smoothen the process of the accounting for LSP. We will guide your through the process so that you can do the preparation well beforehand to ensure a smooth process for fulfilling the requirements of LSP accounting.

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Join our mailing list so that we can inform you about updates to our services and issues coming out of LSP accounting.

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