Bookkeeping

Section 201 of the Singapore Companies Act ( Chapter 50) requires the company directors to lay the Profit & Loss Account and Balance Sheet that comply with the Singapore Financial Reporting Standards ("FRS") at the Annual General Meeting ("AGM) 

We will ensure the following:

  • Complete data entry for accounts receivable and payable

  • Collect your outstanding customer payments and implement an efficient collection system

  • Plan your cash flow to meet your payment obligations on time

  • Structure your chart of accounts to capture and report on profit centres so you can see what’s really working in your business

  • Calculate Central Provident Fund contributions for employers and employee, track employee entitlements, and claim back deductions

  • Create weekly and monthly reports for financial and statistical data that provides useful operational insights

  • Achieve government compliance through the quick and efficient calculation of Goods and Services Tax

  • Issue payroll summaries to your employees within 7 days of the end of the financial year

  • Design and implement financial management policy, processes and filing systems

  • Cut the cost of processing your annual tax return