Singapore Accounting / Bookkeeping Services

Businesses in Singapore are required by law to keep proper business records and to file a copy of their financial statements with the Accounting and Corporate Regulatory Authority (ACRA) every year. Compiling your business records into a set of financial statements requires professional knowledge of accounting and the Singapore Fianancial Reporting Standards(SFRS).

We have that knowledge. As an established company with many years of experience and professionals with qualifications ranging from CA(Singapore) to ACCA, we have the expertise to ensure your financial statements are prepared on time and in line with the latest regulations. We offer a range of different solutions for business with different levels of complexity and varying volumes of transactions.

Pricing

S$100 per 25 transactions

For companies that requires their account to be updated more frequently, e.g. monthly or quarterly, minimum charges of S$300 applies per update.

Indicative price guide - business status

Inactive company

From $ 300
  • Once per year
  • Balance sheet
  • Income statement
  • Trial balance
  • General ledger
  • Trade creditor listing
  • Bank reconciliation
  • < 50 transactions
  • Volume guide 1 x 40mm arch file

Semi-active company

From $ 500
  • Once per year
  • Balance sheet
  • Income statement
  • Trial balance
  • General ledger
  • Trade debtor
  • Trade creditor
  • Bank reconciliation
  • 50 to 100 transactions
  • Volume guide 2 x 40mm arch file

Active company

From $ 800
  • Once per year
  • Balance sheet
  • Income statement
  • Trial balance
  • General ledger
  • Trade debtor
  • Trade creditor
  • Bank reconciliation
  • Bank reconciliation
  • > 100 transactions
  • Volume guide more than 2x 40mm arch file

Indicative price guide - volume

 40mm file is estimated to be 50-120 transactions and 70mm file is estimated 130 -200 transactions

Required documents to provide to us:

  • Monthly bank statements
  • Sales tax invoices / Til roll
  • Sales listing
  • Credit note / debit note
  • Supplier tax invoices
  • Purchase / expenses listing
  • Receipt vouchers (if any)
  • Payment vouchers
  • Hire purchase agreement, schedules and statement (if any)
  • Term loan agreement, schedules and statement (if any)
  • Monthly CPF statement
  • Monthly foreign worker statement
  • Used cheque book / cheque butt

For existing companies, In additional to the required documents for new companies, please provide us:

  • prior year financial statement
  • prior year general ledger
  • prior year fixed assets listing
  • prior year trade debtor listing
  • prior year trade creditor listing
  • Prior year other accounting schedules