ACCOUNTING AND BOOKKEEPING
All companies registered in Singapore must keep proper books of accounts as stipulated by the Singapore Companies Act. Good bookkeeping and accounting not only facilitates day-to-day account maintenance and drafting of financial statements for the submission of annual returns, but also provides insight for sound business decision-making as well as efficient financial management.
In turn, this will help you fulfill the compliance requirements stipulated by ACRA and IRAS and avoid unnecessary penalties.
Our accountants can compile your yearly accounts for submission to ACRA and IRAS. We specialize in maintaining a timely accounting system that allows you to manage your accounts cost-effectively.
Leave your accounting matters to us and free up your time for the strategic areas of your business. We offer a full spectrum of accounting and bookkeeping services that are cost-effective to companies that wish to outsource their bookkeeping function.
For newly incorporated companies, we shall provide you with our quotation for bookkeeping, accountancy and payroll services. For companies incorporated with existing books and accounts prepared, we welcome you to call us for a non-obligatory discussion. Our rates are based on volume of accounting transactions.
*Fees range from S$100.
Our Accounting and Bookkeeping Services includes but not limited to the following functions:
- Full set accounts on monthly, quarterly, half yearly or yearly basis
- General Ledger Maintenance
Prepare and customise of financial report for management such as Trial Balance, Profit and Loss, Balance Sheet
Overall analysis of financial results
Clearing backlog accounts
- Fixed Assets Ledger Maintenance
- Cash Flow / Budgeting
Accounts Payable Ledger Maintenance
- Accounts Receivable Maintenance
Aging report for accounts Receivables & Payables
- Management Reporting
What you will be expecting from us?
1.We will review and organize your financial documents (sales invoices, purchase invoices, delivery notes, goods inwards note, bank statements, etc) to maintain your accounts ledger in a timely manner.
2.We will assist the drafting of financial statements in accordance with the Singapore Financial Reporting Standards (SFRS) for statutory submissions.
3.We will help monitor statutory compliance and regulation issues and guide you to ensure that you understand all the accounts reports.
4.We will be working closely with you to address to your business’ accounting needs.