Bookkeeping Services

Accounting is a record of all your business activities, assets and liabilities. Whenever there is income or spending, when you receive or spend money, your bookkeeper records these activities in the books. Your accountant builds reports using these numbers which will form your accounts required by the government to prepare financial statements in accordance to the accounting standards, calculate and submit taxes to IRAS, prepare and file annual returns to ACRA.

Singapore Financial Reporting Standards (SFRS), which is similar to the International Financial Reporting Standards (IFRS), both based on accrual-based accounting where transactions are recognized when they happen, and not when cash is received or paid. Accounts prepared for Singapore companies must comply with SFRS requirements under the Companies Act (Cap. 50). It is the responsibility of the directors to ensure compliance with the Companies Act.

We help businesses in Singapore with a full range of accounting and tax services. This includes outsourced accounting services, daily bookkeeping, preparation of financial statements, preparation of ECI and corporate tax reports and returns, XBRL (full and highlights). In addition, we can help you to apply for GST, and submit regular GST returns for GST-registered companies. If there are special requirements, please contact us our Accountants, who will be glad to assist you.

Agere is a fully digitalized cloud accounting firm. You can send your documents to us digitally via our mobile app (just take a photo), or email directly to our platform using a unique email address assigned to you – so we will always know that the documents are for your company. You can even provide the email address to your regular suppliers. (No more spending time scouring through emails to compile or forward the invoices to us). Contact us and we will take care of the rest!

Every company requires financial accounting for the purpose of ensuring their company’s financials are up to date for required annual filings complying to the laws of Singapore.

Accounting service relieves you from the time and effort required for bookkeeping to ensure your financial records are up to date. In addition, timely accounts allow you to have an overview of your business’ financial position and business metrics that will help you make better business decisions.

Accounting outsourcing is a process of hiring a service provider for the maintenance of your accounts through bookkeeping ensuring the financial transactions of your business is recorded promptly and accurately.

There is varying range in terms of cost for outsourcing bookkeeping, this depends on the time and quality of work the service provider aims to deliver for you. Find out more about our packages here.

The main benefit to hiring a bookkeeping service is there is a professional accountant that can oversee your accounting and bookkeeping needs, where they take care of your backend finances ensuring your financial records are timely, accurate and compliant while you as a business owner can focus on revenue generating activities, securing more sales. SMEs usually faces difficulties hiring and retaining good accounting staff. By engaging us as your outsourced accounting firm, we will be assigned to a dedicated accountant who is part of a team. In the event the accountant leaves our firm, a fellow team member will take over your accounts making it a smooth transition.