Good bookkeeping practices are necessary to file taxes, attract new investors, qualify for business financing and overall stay on top of your financial situation. Bookkeeping is a part of accounting services. Simply, it is the process of maintaining records of all financial transactions of a business in a general ledger. A general ledger is a […]
7 Best Practices for Effective Bookkeeping Read More »
According to the Singapore Companies Act, every company incorporated in Singapore must appoint a corporate secretary within six months of its formation, and this position should never be vacant for more than six months at any time. Failure to meet these standards can result in fines, penalties, or both. Due to the mandatory nature of
5 Things to Consider Before Hiring Corporate Secretarial Services in Singapore Read More »
Effective financial management is essential for the success of any business. Proper accounting practices provide helpful information about a company’s financial status while also ensuring regulatory compliance. Businesses, even SMEs, are becoming increasingly reliant on outsourced accounting services and accounting software to improve their financial management effectively. Outsourced accounting services in Singapore are essential for
Streamlining SME Operations with MYOB Accounting Software Read More »
Nowadays, businesses are able to easily optimise their work processes due to technological advancements, and such developments have also been introduced to accounting services in Singapore. One such programme popular for handling the accounting needs of businesses is Xero. What is Xero Accounting Software? Xero online accounting software is a cloud-based program that enables
How Can Xero Enhance Your Managerial Accounting Experience Read More »
While a business owner can try to manage every aspect of a firm, it is best to rely on the expertise of a professional when it comes to your taxes and finances. Accounting, one of the most crucial business functions, is a tedious and time-consuming task. Even if you excel at calculating, there is still
Top 5 Reasons Why Your Business Would Need Professional Accounting Services Read More »
As business owners, there are specific tasks you cannot complete on your own. It could be owing to either your hectic schedule or a lack of the necessary expertise to carry it out. One such task is managing your taxes, which can be quite a challenging undertaking. When tax planning becomes highly intricate, it is
Navigating Tax Complexities: How an Accounting Company in Singapore Can Help Read More »
Where do you go-to to keep your car in tip-top condition? The Mechanic! So, where do you go-to manage your business’s Accounting? Do you do it yourself? Of course, you can. But, are you the best person for the job? You probably know your industry, customers, products and services like the back of your hand.
Do I need an Accountant for my small business? Read More »
If you are still using an “Excel” for your bookkeeping, it is time that you seriously consider an Accounting Software. An Accounting software makes it easier for you to manage financial procedures, performing financial tasks correctly and quickly. However, it does not replace the role of an accountant but significantly enhances your productivity. The most widely-used
Which Accounting Software _ MYOB or Xero For My Business? Read More »
What is the submission deadline for the Annual Return? For non-listed company, It must be submitted within 7 months after the financial year-end, and after you have held your Annual General Meeting (AGM) For Listed Company, the Annual Return must be filed within 5 months after the financial year-end, and only after your AGM is held.
ACRA Filing Requirements for SME Read More »
