Accounting Services in Singapore
Tianlong Services can assist with your company’s monthly, quarterly, half-yearly, & yearly accounting needs. As a reputed small business accounting services in Singapore, we use lastest software & SFRS compliant practises ensuring your statutory compliance.
Why do Singapore Companies need to Appoint Accounting Services?
Reduced costs
Outsourcing allows you to enjoy lower fixed-cost service without the burden of worrying about full-time employee salary and maintaining expensive accounting software. Having fewer in-house accounting staff also decreases the associated time and costs related to human resources, training, payroll and benefits.
Expertise
Accurate and timely financial reporting is overseen by a qualified accountant who is up-to-date with the complex standards of financial reporting standards and Singapore accounting requirements. You will be assured that the reports are done on a timely basis and comply with regulatory requirements.
Save time
You will save on valuable time, which can be spent doing the things best for your business, like increasing your sales, make improvements on your products or services to better serve your customers’ needs and also ensure your business stays ahead of your competitors.
Accounting Services in Singapore offered by Tianlong Services Pte Ltd
Today, even small businesses in Singapore want to outsource their non-core tasks like bookkeeping & accounting. Appointing of experienced accounting services providers enables them to focus on their main business goals like customer satisfaction and business profit.
The following is a list of our accounting services:
- Account code system setup
- Account Transactions Recording (including Journal Entry Recording)
- Monthly, quarterly, half-yearly and yearly accounting
- Accounts Payable
- Accounts Receivables
- Bank Reconciliation
- Monthly, quarterly, half-yearly and yearly reporting
- Profit and Loss Account (Statement of Comprehensive Income and Other Comprehensive Income)
- Balance Sheet (Statement of Financial Position)
- Statement of Changes in Equity
- Cash Flow Statement
- Directors Report /Compilation Report Preparation
- Accounts Payable Ageing
- Accounts Receivable Ageing
- Journal
- General Ledger
- Variance analysis for Monthly and Quarterly Clients
- GST accounting
- GST Returns- Monthly and Quarterly
- Multi-currency Accounting
- Management Reports
- Income Tax Computation and Filing
- XBRL preparation and filing
Benefits of Outsourced Accounting Services in Singapore
Can accounting save efforts, money, and resources for your small business?
Reduce Stress
You will need to spend valuable time on searching, interviewing, hiring of accounting staff. It may save your time on sorting through the invoices or getting the financial statements ready for annual filing.
However, you may have to face issues like assessing their performance, incentive, promotion, leaves, & human errors. You can reduce stress by outsourcing the whole activity to a trustable accounting firm. Stop worrying about the timeliness or accuracy of statutory compliance of your small business.
Stay Stress-Free of ACRA’s Compliance Changes
Accounting services in Singapore employs pro-active CPAs. They keep abreast of changes in the rules and regulations related to accounting and financial reporting standards. It means you do not have to worry about the accuracy of your filings.
Switching to Tianlong Services
The directors of the existing Singapore company worry over the timeliness and accuracy of the filings. After all, ACRA holds them responsible for it.
If you are unhappy with your existing provider, switch to another one before it is too late. Go for an experienced and reputed accounting service in Singapore.
Why Choose Tianlong Services for Your Business’ Accounting
Our CPAs and the accounts managers are well-versed with the Singapore accounting functions. They work with you on a one-to-one basis and meet your accounting needs.
Review & organise sales orders, purchase orders, or bank statements for the accounts ledger creation & maintenance.
Assist in the drafting of financial statements for statutory submissions.
It is easy to switch to Tianlong accounting services in Singapore:
WhatsApp us at +65 8809 9315
Or email us at hello@tianlong.com.sg to discuss your accounting needs.