Proactive Monthly & Yearly Accounting Services for Singapore SMEs

Stop the year-end scramble. Get real-time financial clarity and stay compliant with our expert monthly accounting and bookkeeping services, powered by Xero. We help you make smarter business decisions, all year round.

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!