Professional Accounting Services
As a business owner, securing the best accounting services is crucial for financial management and business success. Our personalized approach ensures your finances are expertly handled. Our team will work with you to custom-fit our services to your unique needs, freeing you to concentrate on growing your business.
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Comprehensive Accounting Suite of Services for Your Business
Our accounting services in Singapore will cover the following:
- Review daily transactions recorded by your bookkeepers
- Summarize and prepare schedules such as fixed assets, prepayment, accruals and etc
- Cash flow Statements
- Consolidation accounts
- Assisting in auditing process
- Preparation for Unaudited Financial Statements with disclosure notes to accounts
- XBRL Filing Requirement
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Using Our Accounting Services
We begin our accounting services with a complimentary business assessment including a face-to-face consultation to evaluate your business processes, compliance requirements, documentation, and potential areas for internal control improvement
Frequently Asked Questions About Accounting Services
We provide a comprehensive and full spectrum of accounting services using cloud-based software. Our fee starts at as low as S$100 per month and is very affordable for our clients.
Our team of dedicated accountants is responsible for preparing and analysing clients’ financial records, including data management, analysis and consultation, creation of financial statements and ensuring regulatory compliance with Singapore standard accounting practices.
There are good reasons for hiring an accountant at various stages of your company's growth. From a business plan to company formation to loan application, an accountant can make life easier for you at each step.
Like all other business owners looking to save money, look at how long it would take you to do specific tasks (such as taxes and bookkeeping), and ask yourself, is that effective use of your time?
For your business to run smoothly, ideally, you need a bookkeeper and accountant. The bookkeeper will look after the day-to-day work while the accountant handles the official reporting and high-level business advice.
To keep your business finances in order, there are three accounting documents you need to keep updated: income statement, balance sheet, and cash flow statement.
Many of the records required will be similar whether you operate as a sole partnership or limited company. You will need to provide full details of your business income and expenses to calculate the business profit. Here is our simple checklist and the documents typically required:
- petty cash records
- bank statements for your business accounts
- check books
- stock value
- purchase invoices and receipts
- sales income records
- payroll records
- credit card statements
- finance agreements
- loan statements
- any other expenditure that was not paid directly through the business
- assets and equipment purchased during the year
- assets that were sold, scrapped, or disposed of during the year
- tax returns submitted during the year
- dividends vouchers paid to the shareholders
All Singapore (SG) incorporated companies must file financial statements (FS) with ACRA, except those exempted.