The WeValue LSP 365 Calculator is a sophisticated, web-based tool that automates the calculation of Long Service Payment provisions in full compliance with HKAS 19 (Approach 1). It transforms a complex, manual process into an efficient, accurate, and cost-effective solution for companies of all sizes.
Our calculator simplifies a technically complex process. By simply providing minimal employee data, our system automatically performs all the heavy lifting. It applies the latest market parameters and sophisticated actuarial logic, factoring in salary growth and staff turnover, to deliver a comprehensive, audit-ready report in moments. This eradicates the risks of manual modeling and saves you valuable time.
Yes. Upon signing up, you immediately get access to a free trial that includes two free single computations. You can submit data in our platform, which the system will validate and process. The comprehensive, downloadable results are then sent directly to your registered email address, giving you a full understanding of the output before purchasing a subscription. Try out Now
To provide a solution for every business size, our plans are flexibly tailored to the number of employees. This allows you to choose a plan that matches your specific scale. For detailed pricing and a full breakdown of what each tier includes, please visit our Pricing Page.
Payment for all subscription plans is required in advance. We accept online payments through our designated third-party payment gateway, which handles all transaction processing securely.
Yes, all subscription plans support efficient batch processing. The workflow is designed for accuracy and ease:
You are solely responsible for the accuracy, completeness, and appropriateness of all data and information that you submit to the calculator. Our system's validation check is designed to identify only obvious formatting errors or missing required fields, it does not constitute a verification or audit of the substantive accuracy of data and information submitted.
Our system includes an intelligent validation engine that checks for errors before calculation. If any data is missing or formatted incorrectly, you will receive a clear prompt with details on what to fix. This ensures data accuracy and guarantees the reliability of your audit-ready results.
Our system provides specific error messages to guide you. Please use this feedback to correct the corresponding cells in your Excel data input template. After making the changes, simply submit the file again. The system will perform a full error check on the resubmitted file to ensure all data is valid before starting the computation.
A comprehensive, downloadable assessment result of LSP provisions in an Excel file will be provided and sent directly to your registered email address, formatted for easy management review, financial reconciliation, and auditor reference.
No, the WeValue LSP 365 Calculator is a self-service tool and does not include support to the auditor's inquiries. To obtain dedicated support services, we recommend upgrading to our LSP Premium Services.
For a complete, hands-on solution, upgrade to our LSP Premium Services. Our expert team will manage the entire process for you, including customized data template preparation, comprehensive financial disclosure support (with sensitivity analysis), and responses to all auditor inquiries. The final deliverable is a formal, signed valuation report in English.
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