Accounting Services in Singapore

Types of Accounting Services

Accounting Services Available

Best Accounting Services Companies in Singapore

Handling accounting matters on your own can be complicated. Why not leave it in the hands of professionals? Accounting matters may branch out to a wide range of services that include tax consultancy, accounting softwares, corporate secretarial services, bookkeeping services, and payroll services. Using such services will assist you in your business in the following areas:

Ease your workload - gone are the days when you had to spend hours dealing with complex accounting issues.
Enjoy improved financial health and save costs from making accounting errors as professionals within the aforementioned services are trained in their area of expertise.
Understand your accounts better with the help of professionals in such services.

Accounting services go beyond basic account matters. Hired professionals can also assist to plan ahead and provide advice aplenty on how to best approach your accounting matters in a way that will ensure stability for your company.

Types of Accounting Services

Tax consultancy

Tax consultants are also commonly known as corporate tax advisors, certified public accountants and enrolled tax agents. They are adept in handling tax law, planning and compliance.

They may also offer other services such as reviewing business plans to ensure that its entry structure is optimal, advice ownership structures, identify and optimize incentives, review tax assumptions in financial models and develop Transfer Pricing Policies and Documentation.

There may also be transaction advisory services whereby tax consultants will advise you on the best possible way to achieve corporate reorganizations, mergers, and acquisitions.

Accounting Softwares

Accounting softwares functions as an accounting information system as it can process accounting transactions within functional modules like journal, general ledger, accounts receivable, accounts payable, trial balance and payroll.

Corporate secretarial services

Corporate secretarial services help clients mitigate and manage the risks of any corporate non-compliance. Such risks are handled by professionals with years of experience who will provide creative techniques on how to best handle the situation.

Bookkeeping services

Bookkeeping services involve the recording, storing and retrieving of financial transactions for an individual, company or even a nonprofit organization. It also includes handling common financial transactions, paying suppliers, settling payment for provided services or goods that were sold to clients and even lay the foundation for international success by opening foreign financial accounts in a manner that complies with relevant tax laws and regulations.

Payroll services

Payroll services manage multiple tasks like employee’s time calculation, salary report management, checks if all legal obligations are met, ensure that their clients’ employees are paid on time, along with preparing checks and tax obligations.