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Quarterly Reporting
from S$650/quarter
Suitable for GST-registered clients who are required to submit GST returns on a quarterly basis. You will receive:
Xero monthly subscription
Ongoing bookkeeping services
Quarterly management reports
GST F5 and GST report (for GST-registered client)
Financial Statements prepared in accordance with SFRS for your Annual Return Filing with ACRA
Tax computation and accompanying tax schedules for your Income Tax Return Filing with IRAS
It's not as straightforward as filling out a form and sending it out in Singapore. It comes with its own set of criteria and prices. It's important to remember that most Singaporean businesses are set up as private limited liability corporations when registering your business there.
There aren't enough transactions or administrative responsibilities for a full-time bookkeeper in most early-stage companies and small businesses. Because of this, business owners try to cut costs by handling their bookkeeping duties themselves. Since you already have a limited budget, you must use it wisely.
A corporation is considered operating offshore if it was established in a jurisdiction that is not the same as the jurisdiction in which it conducts most of its business or where most of its investors live.
We are excited to announce our partnership with Spenmo to make payments simple for you. Spenmo is a cloud-based payments software and offers a unified payment platform for businesses. They help you manage, track, automate, and reconcile your payments in one dashboard. In this blog post, we highlight some of their awesome features, and how working with Spenmo can help you automate your payments process and free up your time to build and grow your business.
As a small business owner, your time is precious. You’ll want to use that time for more impactful and value-adding activities like business development and leads generation. Accounting or bookkeeping are probably not top of the list, but they are important and new technologies are making them easier and more efficient. In this post, we provide information on how moving to cloud accounting can help you work smarter and faster.
Payroll obligations in Singapore are governed by the Employment Act, which is Singapore’s main labour law. It provides for the basic terms and working conditions for all types of employees, with some exceptions. In this blog post, we highlight some of the important components of the Employment Act that will help you fulfill your payroll obligations as an employer in Singapore.
The phrase “You can’t manage what you can’t measure” is often attributed to W. Edwards Deming, the statistician and quality-control expert credited with having launched the Total Quality Management (TQM) movement. This adage definitely rings true when it comes to the measurement of a company’s financials in order to assess its profitability. In this blog post, we highlight the components of a good bookkeeping system, and the importance of a proper bookkeeping system to your small business.
The Covid-19 pandemic has completely transformed the world of work. Many of us have been working predominantly from home for the past year, and are experiencing work burnout due to long working hours at home and less social interaction. In this blog post, we share 4 ways you can avoid burnout from working from home (“WFH”) so you can better manage your work life at home!
Tax terminology and concepts are infamously hard to grasp, and it takes years of practice before accountants can achieve expertise in this area. As tax expenses eat into a considerable portion of a company’s profit, and also because tax computation errors will attract penalties from Inland Revenue Authority of Singapore (IRAS), it is important to understand the common tax terms and get your basic concepts right.
Accounting is full of technical jargon and unfamiliar terms that can be frustrating to small business owners. This is perhaps one of the main reasons why small business lack confidence when it comes to bookkeeping. In this blog post, we highlight some of the commonly-used accounting jargon so that you can feel more confident when speaking to your accountants or bookkeepers!