Accounting & Xero Bookkeeping Services for Singapore Businesses
Professional accounting and Xero bookkeeping services for Singapore SMEs and startups. We provide monthly and yearly accounting, financial statements, and real-time financial insights to help you make informed business decisions while staying fully compliant with IRAS and ACRA requirements.
Monthly Bookkeeping + GST Submission (with Xero)
For GST-registered companies or businesses that need regular financial tracking, we provide a complete monthly accounting package. This service keeps your finances organised, ensures timely GST submission, and gives you the data you need to grow. It includes:
- Monthly bookkeeping and reconciliation in Xero
- Quarterly GST (Form F5) preparation and submission
- Management of payroll, claims, and reimbursements
- Monthly Profit & Loss and Balance Sheet reports
- Dedicated support, with responses within an hour
Year-End Financial Statements & Tax Filing
For businesses that only require essential year-end compliance, we offer a streamlined and affordable package to prepare your financial statements for ACRA and IRAS tax filing. This service includes:
- Bookkeeping (based on your invoices and bank statements)
- Unaudited Financial Statements in accordance with Singapore Financial Reporting Standards (SFRS)
- Director Statements
- Responses within an hour, 7 days a week
- Guaranteed completion within 28 days
Our Accounting Packages
Monthly Accounting - GST voluntary
Monthly Xero bookkeeping with GST submission for smaller GST filers
$500/month
- Up to 100 transactions a month
- Payroll included for up to 4 staff
- Claims and reimbursements
- GST submission included
- Suitable for SME with voluntary GST registration or monthly review of business performance
Monthly Accounting - GST compulsory
Full monthly accounting and payroll for GST-registered companies
$1,500/month
- Payroll included for up to 10 staff
- Up to 300 transactions a month
- Claims and reimbursements
- GST submission included
- Suitable for businesses with >$1m annual revenue
Yearly Accounting
Full-year accounting with financial statements for tax filing
$1,000/year
- Up to 200 transactions
- Suitable for SME with about $200k revenue and below
Basic Bookkeeping
Annual bookkeeping for small businesses with low volume
$500/year
- Up to 100 transactions per year
- Suitable for new SME with very small operations
Is Monthly Accounting Right for Your Business?
While yearly accounting satisfies legal requirements, monthly accounting empowers your business to thrive. Consider a monthly retainer if you:
- ✔ Want a clear, up-to-date view of your cash flow and profitability.
- ✔ Need to make informed decisions based on current financial data, not last year's numbers.
- ✔ Are registered for GST and need timely, accurate submissions to IRAS.
- ✔ Prefer a predictable monthly fee over a large, one-time year-end bill.
Why Do You Need Accounting?
- ✔ Required to determine the profits for annual tax filing (Form C/C-S/C-S Lite)
- ✔ Needed for Financial Statements and XBRL submissions
- ✔ Needed for GST computation and submission
- ✔ Helps you avoid IRAS and ACRA penalties
- ✔ Useful for loan applications and business decisions
Supported Accounting Platforms
- Xero – Recommended for most SMEs in Singapore. Supports InvoiceNow, bank feeds (DBS, OCBC, UOB) and IRAS compliance.
- QuickBooks – Supported if you already use it, but may have limited SG support.
- Excel – Suitable for low-volume businesses. We clean and format for proper filing.
- Others (e.g. Odoo, MYOB, Zohobooks) – We can work with any accounting software/system that you are using
Ready to streamline your finances with our monthly accounting services? Contact us today!