Since all companies registered in Singapore must keep proper books of accounts as stipulated by the Singapore Companies Act, engaging a accounting specialist to help with your accounting, and payroll services is a good idea. This will help you fulfil the compliance requirements stipulated by ACRA and IRAS and avoid unnecessary penalties.
Another mandatory requirement is taxation. In this too, a experience taxation specialist can assist and deal with statutory tax filings, identifying tax efficient strategies for your personal and corporate tax compliance.
Our accounting services include:
- Setting up the chart of accounts based on your business requirements
- Preparing full set of management accounts which includes:
- Trial balance
- Profit and loss statement
- Balance sheet
- General ledger listing
- Specific schedules to the balance sheet
- Year-end audit schedules to the accounts
- Payment processing
We recommend cloud-based accounting software for additional security, reliability and ease of access at additional subscription charges.