Every Singapore company has to keep proper books and prepare financial statements — it’s not optional. The question is whether yours are done right. We don’t just record figures; we read them, catch the errors, and tell you what they mean.
Correct accounts lead to correct tax. We guide you the whole way.
Bookkeeping looks like data entry until it goes wrong. The truth is it’s judgement — and the wrong judgement quietly costs you at tax time, with the bank, or with IRAS.
The market is full of cheap bookkeepers — and cheap often means messy. Some directors with no accounting background just plug in figures themselves to save cost. Either way, you pay to untangle it later. We’d rather you do it right the first time.
Hand the same transactions to two bookkeepers and you can get two different outcomes — because classification is judgement, not just data entry. A wrong classification can quietly cost you real money. We classify it right, and we can explain why.
Cross the S$1M threshold late and the GST is backdated — out of your own pocket, with penalties landing on the director. But if you import or carry heavy GST costs, registering voluntarily even at lower turnover can save you the 9% you’d otherwise eat. We look at your business and tell you which side you’re on.
We don’t treat bookkeeping as data entry. We read your figures, spot the errors, correct what’s wrong, and give you our honest take — because we take the time to understand your business. Your business, our business.
Bookkeeping and accounting, handled properly — from daily records to statutory financial statements.
Accurate, timely recording of invoices, bills and receipts — kept current, not crammed at year-end.
Profit & loss, balance sheet and cash flow — prepared to Singapore FRS standards, as every company must.
Monthly reconciliation of all your bank accounts so the numbers actually match reality.
Monthly or quarterly reports with insight you can act on — not just figures, but what they mean.
Clear tracking of what you owe and what’s owed to you, so nothing slips through.
Audit-ready books and full support during statutory audits — ready when the bank or auditor asks.
Most bookkeepers only watch for the S$1M mark — and even then, many miss it. But the right answer depends on your business, not just your turnover.
Registration becomes compulsory once your taxable turnover crosses S$1M (or is expected to). Miss the window and IRAS backdates your registration — you pay the GST you never collected, plus penalties, and it lands on the director. We track your turnover and flag it early.
Even well below $1M, voluntary registration can pay off — for example if you import most of your goods and pay 9% input GST, registering lets you claim it back instead of eating it as a cost. It comes with obligations, so it’s a real decision. We’ll tell you if it’s worth it for you.
Yes. Every Singapore company is required to keep proper accounting records and prepare financial statements in line with Singapore Financial Reporting Standards (FRS). It’s a statutory obligation, not a nice-to-have — and it’s the foundation your tax filing and any audit rest on.
Registration is compulsory once your taxable turnover exceeds S$1M, or is expected to in the next 12 months — miss the window and IRAS can backdate it, with the GST and penalties falling on you. Below $1M you can register voluntarily, which can be worth it if you carry significant GST on purchases (e.g. imports). We assess which applies to your business.
You can — but cheap bookkeeping often means messy or wrongly classified accounts that cost more to fix than you saved, and can lead to wrong tax and missed deductions. We read and review your books, not just key them in, so the foundation is right from the start.
We work with cloud platforms like Xero and QuickBooks, which give you real-time access to your numbers. We can also work with your existing system where it makes sense.
Monthly as standard, with more frequent updates available if your business needs them. With cloud accounting you can see where you stand at any time — no waiting for year-end.
Bank statements, invoices, receipts and any other financial documents. We’ll set up a simple digital process so sharing them is painless — and we can handle multi-currency transactions, including forex gains and losses, for businesses trading internationally.