Singapore SMEs

Bookkeeping and Accounting services for Singapore companies

Proper bookkeeping is the core of effective management of business. Prompt and effective bookkeeping will help companies to be in compliance with statutory requirements. The tax authorities also requires all Singapore companies to keep proper set of records and accounts. With us, we believe that bookkeeping is not just recording of sales or purchases, we will work with our clients to design reports so that the information is relevant and assists management in decision making.

Our bookkeeping services and accounting services will include full set of profit and loss, balance sheet, general ledger, accounts receivable and accounts payable schedules, bank reconciliation, fixed assets register maintenance.

How we are different

We have noticed that the norm in the industry is for the accountant to collect the documents at regular periods of time and do up the income statement and balance sheet of the company. In our experience, the information provided back to the owners is often delayed and no longer relevant.

Using our bookkeeping services as a Xero accountant or Xero bookkeeper that uses the leading cloud accounting software, you will be able to have more timely information. Knowing the latest status of your receivables or your month to date sales will enable the Company to improve its operations. A Xero accountant will be able to contribute to the smooth running of the company instead of just churning out reports.

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1) REDUCING PAPERWORK

No more filing of sales reports, receipts, payment vouchers and finding a place to store all your documents before passing them to your Xero bookkeeper or Xero accountant.

Using Xero means that whenever sales are made, the billing personnel can use Xero to generate the bill and information will be captured in the cloud instantly, which is why the Xero accountant is able to reduce unnecessary duplication of work and offer better quality services.

When payments are made to suppliers, payment details are recorded in Xero, eliminating the need to keep excel files that can be easily corrupted or lost.

2) NO COSTLY INVESTMENTS / ALL YOU NEED IS A BROWSER

No more huge investments in software that require payment for multiple licenses, or additional charges for costly upgrades. With our Xero bookkeeping service, there’s also no need to worry about backing up the data or making sure that server is accessible all the time.

With a Xero bookkeeper, all you need is a browser and you can access the information you need at any place any time. As all information is instantly updated, you can know the sales daily just by logging on to the software.

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3) MONITORING CASH FLOW

To say that cash is king is an understatement in the running of a company and we help to make it easier for you to manage cash flow when all the information can be found in your web browser.

Long outstanding debtors can be seen at a glance to assist in reminding the customers to make payments. Sending statements at a click of a button to chase for outstanding debts.

4) EXPENSE CLAIMS

Losing receipts that should be claimed as business expenses? Xero even has an iPhone/Android app that allows the user to take a picture of the receipt on the go.

Approve your staff claims online, view each receipt on the Xero app. Streamline the petty cash process so more time can be spent on growing the business. Stop paying high taxes due to missing expenses.

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5) TOOLS TO MAKE RUNNING YOUR BUSINESS EASIER

Using Xero for bookkeeping or accounting, there are numerous add-ons for specific functions relevant to the industry. Whether its Customer Relationship Management (CRM) system for sales, point-of-sales (POS) system to manage numerous branches, Xero is compatible with lots of vendor software. A Xero accountant will be able to advise on your needs and requirements.

To view a full list, please see (http://www.xero.com/add-ons/).