Performed by a team of well-trained professionals, we offer a suit of accounting services which caters to the needs of business owners, hence contribute to the decision-making process. We deliver quality services to both individual and companies.
Our services include:
Bookkeeping and Accounting
- Data entry, i.e. bookkeeping
- Detailed financial reports (Monthly/Quarterly/Half-yearly/Annually)
- Statement of comprehensive income (fka. Profit and Loss)
- Statement of financial position (fka. Balance Sheet)
- Statement of cash flows
- All accounting ledgers/supporting schedules
- Bank reconciliations
- Fixed Asset ledger maintenance
- Accounts Receivables ledger
- Accounts Payables ledger
- Balance Sheet schedules
- General ledger
- Perform Analytical review of management reports
For companies with in-house admin clerk or account assistant may engage us to review the accounts periodically to ensure the accuracy and completeness of the financial data prepared- Reviewing of general ledger
- Reviewing of GST (‘Goods and Services Tax’)
- Providing summary of adjustments to rectify the accounts
- Preparation of unaudited financial statements in accordance with Singapore Financial Reporting Standards (‘SFRS’) or International Financial Reporting Standards (‘IFRS’)
- Preparation of XBRL in accordance with ACRA’s requirements
- Miscellaneous accounting related tasks
For companies which face unexpected circumstances such as staff shortage or key accounts staff on long leave; or for new star-ups where the Singapore team has not yet been set up, our team is able to provide value add services to bridge the gap.- Issuing cheques
- Filling government survey forms
- Administrative support
- For companies which wish to switch from outsourced accounting services to hiring its own accounting staff, we offer the following solutions:
- Accounting data migration
- Design and implement financial and management reporting procedures
- Design and implement other business processes
Payroll services
Employers are liable to pay their employees within 7 days subsequent to the salary period in accordance with Employment Act and MOM guidelines. Our services include the following:
- Preparation of employment contracts
- Computing salaries based on the following:
- Allowances, overtimes, benefits, etc
- Deductions such as unpaid leave, early termination etc
- Calculation of annual leave encashment
- Preparation and submission of NS claim, childcare claim
- Preparation of IR8A
- Preparation and submission of employment income to IRAS under the Auto-Inclusion Scheme (AIS)
- Tax clearance
- CPF computation and submission
- Application of CPF submission number with CPF board
- Informing CPF Board of changes of company and staff particulars
- Computing and submitting CPF for different age group and salary range
- Computing and submitting CPF for Singapore Permanent Residents for the initial 2 years of residency
- Computing the various contributions to agencies i.e. SDL, CDAC, ECF, MBMF, SINDA
- Facilitating the processing of CPF refunds and CPF audit
Onsite Review and Training
We help companies to establish best practices in various business processes
For company management and directors who wish to equipment with accounting knowledge, we offer onsite 1 to 1 or group based trainings.