Bookkeeping Services in Singapore for SMEs & Growing Businesses
Bookkeeping is the systematic recording and organisation of a company's financial transactions. In Singapore, accurate bookkeeping is a legal obligation under the Companies Act and forms the foundation for IRAS tax filing, GST returns, and ACRA compliance reporting.
Our Bookkeeping Services Packages
Our bookkeeping services packages are structured around monthly transaction volume, so businesses can choose a level of support that matches their actual activity. Pricing may vary depending on record quality, GST status, payroll needs, reporting frequency, and whether catch-up bookkeeping is required. The guide below gives a clear starting point before a final quotation is confirmed.
Basic
Bookkeeping
- Monthly Bookkeeping
- Revenue up to S$40,000 OR
- Up to 30 transactions
Tax and filings
- Estimated Chargeable Income (ECI) filing
- Unaudited Financial Statements preparation
- Annual tax return filing (C-S/C)
Essential
Bookkeeping
- Monthly Bookkeeping
- Revenue up to S$90,000 OR
- Up to 80 transactions
Tax and filings
- Estimated Chargeable Income (ECI) filing
- Unaudited Financial Statements preparation
- Annual tax return filing (C-S/C)
Payroll
- Payroll & leave management
Premium
Bookkeeping
- Monthly Bookkeeping
- Revenue up to S$200,000 OR
- Up to 150 transactions
Tax and filings
- Estimated Chargeable Income (ECI) filing
- Unaudited Financial Statements preparation
- Annual tax return filing (C-S/C)
- GST return filing
- GST registration
Payroll
- Payroll & leave management
Optional Add-Ons
Add services based on your business needs, including GST registration and filing, payroll, and corporate secretarial support.
What Our Bookkeeping Service Covers
Our bookkeeping services help businesses keep financial records accurate, organised, and ready for accounting, tax, and management reporting. Whether you are running a small company, a growing SME, or a GST-registered business in Singapore, a reliable bookkeeping service your business can depend on helps reduce errors, improve visibility, and make year-end preparation more manageable.
Monthly Transaction Recording
We record and categorise monthly transactions such as sales, expenses, payroll, supplier payments, and customer receipts. This keeps your financial records clear, accurate, and ready for reporting or tax filing.
Bank and Credit Card Reconciliation
Our team reconciles your bank statements and card transactions with your accounting records, helping identify missing, duplicate, or unrecorded entries. unrecorded entries.
Accounts Payable and Receivable Management
We track supplier payments and customer invoices to help you manage due dates, outstanding amounts, and cash flow more effectively.
GST-Ready Bookkeeping
For GST-registered businesses, we organise sales, purchases, input tax, output tax, and supporting tax records to keep GST reporting accurate and filing-ready.
Monthly or Quarterly Management Reports
Management reports provide regular insights into profit, expenses, cash flow, and key account balances. Our management reports help you spot trends earlier and make more informed business decisions.
Year-End Accounts Preparation for Tax Filing
To make year-end accounts and annual reporting more efficient, we organise transaction records, reconciliations, and supporting documents.
Accounting Software Support
Our team supports bookkeeping using Xero, QuickBooks Online, and ABSS to keep invoices, expenses, reconciliations, and financial records organised and easy to review.
Our Unique Software: ABSS Accounting Software
ABSS, formerly MYOB, is a practical accounting software option for SMEs in Singapore, supporting invoicing, purchases, bank reconciliation, GST tracking, and financial reporting. With proper setup and bookkeeping support, it can help keep records organised and ready for year-end accounts and tax preparation.
How We Help SMEs Stay Organised
Our SME bookkeeping services help businesses keep sales, expenses, payroll, invoices, and bank transactions properly recorded and reconciled throughout the year. With clearer records and supporting documents in place, SMEs can review performance more easily and prepare for year-end accounts, tax filing, and compliance with less administrative pressure.
The Challenge:
Disorganised Records and Limited Time
The Solution:
Structured Monthly Bookkeeping
Our team helps organise monthly sales, expenses, payroll entries, supplier invoices, customer payments, and bank transactions into a clear bookkeeping system. Records are categorised consistently, reconciliations are completed regularly, and supporting documents are prepared for accounting and tax purposes. This gives the business a cleaner financial record throughout the year instead of rushing to fix gaps at year-end.
The Outcome:
Clearer Reports and Easier Filing
With proper bookkeeping in place, the SME can review profit and loss, cash flow, unpaid invoices, and expense patterns more easily. Year-end accounts preparation also becomes smoother because the records are already organised and supported by proper documentation. This helps the business owner make better decisions while reducing stress around tax filing and compliance deadlines.
Suitable for Different Business Stages
This approach works well for start-ups, small businesses, and SMEs that need reliable bookkeeping support without
hiring a full-time finance employee. Whether the company is using Xero, QuickBooks Online, or ABSS, our team can help maintain accurate records and provide regular reports that support daily business decisions.
Why Choose Us?
Choosing the right bookkeeping partner helps your business stay organised, compliant, and financially aware throughout the year. Our bookkeeping support is designed to reduce administrative pressure, improve record accuracy, and give business owners clearer visibility over their accounts without needing to manage everything internally.
01
Experienced Professionals
Our experienced bookkeepers keep transactions, reconciliations, and supporting documents in order to support accurate reporting and smoother year-end preparation.
02
One-Stop Solution
We provide reliable support across bookkeeping, accounting, payroll, tax, GST, and related business needs, keeping your records ready for reporting and compliance.
03
Fast & Hassle-Free Process
Our organised bookkeeping process supports compliance by keeping records updated, structured, and ready for reporting and year-end review.
What Our Clients Say
Discover how our personalized, professional, and reliable services have made a difference for businesses of all sizes across Singapore.
Mr Noritoshi Obara
We have been using Singapore Accounting and Business Services from 2019 and are very pleased with their Accounting and Secretarial services.
Mr Pudjianto
The amazing services provided by Singapore Accounting and Business Services helped me to innovate and grow the company with ease.
Mr Adarsh
I would like to send a token of my appreciation to “Singapore Accounting and Business Services Pte Ltd” for their excellent services rendered to my Company Incorporation. It is really an amaze and pleasant experiences, very promptly bank account opening services. My company had successfully incorporated within a 1 days. I love this splendid services!
Mdm Shariza
Singapore Accounting and Business Services has been phenomenal! Their services have released me to focus on building the company. It has been nice working with them because of how personal they are too! I love the experience and how professional their services are.
Mr Andy Chiu
I applaud the professionalism shown by Singapore Accounting and Business Services in helping me to incorporate my company within 2 hours. They also helped me to meet all my accounting deadlines with ease. I have engaged their accounting services from 2021 and they have never let me down. My heartfelt thanks!
Mr Harshil Chovatia
We received immediate attention as we switched over to Singapore and Accounting Business Services for their Secretarial, Accounting and Nominee Director services. We highly recommend working with them!
Worried about missing IRAS or ACRA deadlines?
Let our trusted experts handle your accounting, taxation, and secretarial needs, so you can focus on growing your business
FAQs About Bookkeeping Services
What are bookkeeping services?
Bookkeeping services involve recording, organising, and reconciling a company’s financial transactions. This includes sales, expenses, bank activity, supplier payments, and customer receipts. Proper bookkeeping keeps financial records accurate throughout the year and supports smoother accounting services that Singapore businesses may need for reporting, tax filing, and compliance.
What bookkeeping software is best for Singapore SMEs?
The best bookkeeping software depends on your business size, budget, transaction volume, and reporting needs. Xero, QuickBooks Online, and ABSS are commonly used options. ABSS may suit SMEs that prefer a familiar local accounting system, while cloud platforms may suit businesses that need remote access and integrations.
Why do businesses need to avoid manual data entry?
Manual data entry increases the risk of duplicate records, missed invoices, incorrect figures, and delayed reporting. As transaction volume grows, these errors can affect cash flow visibility, GST preparation, and year-end accounts. A structured bookkeeping service that businesses in Singapore can rely on helps reduce repetitive work and improves record accuracy.
How often should bookkeeping be done?
Bookkeeping should usually be done monthly, although higher-volume businesses may need weekly updates. Regular bookkeeping keeps bank reconciliation, accounts payable, accounts receivable, and expense records up to date. It also helps SMEs prepare earlier for the taxation services that Singapore businesses require at year-end or during GST filing periods.
Should bookkeeping and payroll be handled together?
Bookkeeping and payroll are often handled together because salary payments, CPF contributions, reimbursements, and staff claims affect company accounts. Combining bookkeeping with payroll outsourcing services used by Singapore businesses can keep financial records more complete while reducing administrative work for business owners and internal teams.
Contact Us
Have questions or need assistance? Get in touch with us today and let our experienced team help your business thrive.