Hello,

I'm trying to find out what the requirement are (and the practice) for accounting in Thailand for SME. In what form is book keeping required? Is what we call "real bookkeeping" with double Italian bookkeeping with both balance and result accounts done daily or just a "diary" what happened daily without any account plan involved or something between? I'm asking because i'm looking into the Thai-market to create a computer program for this task.

http://en.fap.or.th/index.php?lay=show&ac=article&Id=539808847

Than'x but that was a thousand times more information than i need, with a lot of broken links and with around 75 PDF files in Thai only.

In the case of a juristic person such as a Co., Ltd incorporated entity, normal double entry book keeping is required with the primary accounting records maintained in Thai language. Balance Sheet, P&L Statement, Notes to the Financial Statements and Auditors Report are required to be filed with the Dept, of Business Development on an annual basis.