Running a small business in Singapore demands focus and action—chasing every dollar shouldn’t wear you down. With the right accounting software for small businesses in Singapore, you can manage invoices, track expenses, and stay compliant with tax rules effortlessly. These tools speed up routine tasks, reduce errors, and keep your records well-organised. They also provide clear insights into your cash flow and overall business performance. With just a few clicks, you can monitor balances, control spending, and stay on top of payments.
Below, we highlight 10 smart tools that simplify accounting and give you greater control. These options help keep your finances steady, so your business is prepared for whatever comes next.
Why Accounting Software Matters
Owning a small business in Singapore comes with many responsibilities, but managing your finances doesn’t have to be complicated. The right accounting software for small businesses in Singapore makes it easy to track expenses, send invoices, and stay compliant with tax regulations.
These tools save time, minimise errors, and give you a clear picture of your business performance. You can monitor payments, expenses, and reports—all from one convenient platform. Below are 10 reliable software options for small businesses in Singapore that help you stay organised and focus on growth.
1. Xero
With top-notch accounting services in Singapore, Xero offers a clean interface and powerful tools for small business owners. You can send invoices, track payments, and automatically sync your bank transactions to keep records up to date. The system also helps you stay on top of tax filings, with built-in support for IRAS GST compliance.
Xero’s cloud access allows you to manage finances from any device, and it integrates with over 1,000 apps—from payroll to eCommerce platforms. While some users report occasional delays in bank syncing, Xero remains one of the most trusted solutions for small businesses in Singapore.
2. Dext Software
Dext is an AI-powered financial management tool designed to automate and simplify accounting processes like data entry, expense categorization, and real-time financial tracking. It replaces manual bookkeeping tasks and gives businesses full control over their finances—anytime, anywhere.
Originally popular in the UK, Dext is now available in Singapore through a partnership with Business Tax Accountancy (BTA).
3. QuickBooks
QuickBooks allows business owners to create custom invoices, track sales, and generate instant reports. You can snap photos of receipts and store them directly in the app.
It connects to your bank account, reducing the need for manual entries. The mobile app lets you handle tasks on the move. It may take time to learn the interface, but once mastered, it becomes a strong part of your business tools.
4. ABSS (formerly MYOB)
ABSS supports inventory tracking, custom invoicing, and purchase recording. Its interface suits small business owners who want reliability. It offers a one-time software license without recurring fees.
Though it doesn’t have a mobile app, ABSS still functions well for desktop users. It suits businesses needing more control over sales, stock, and reporting.
5. Financio
Financio creates a simple way for businesses to manage finances. You can switch languages easily, send e-invoices, and access everything on mobile or desktop.
The platform comes with multi-user collaboration and is ideal for businesses new to accounting software. While its bank sync feature appeared later than others, Financio keeps improving and remains a solid option for modern companies.
6. Sage Business Cloud Accounting
Sage helps you forecast your cash flow and view all your essential numbers on one screen. You can check your profit and loss reports, automate payments, and follow up on unpaid invoices.
It doesn’t support payroll, which may require an add-on, but its reporting tools and easy dashboard still bring much value.
7. Zoho Books
Zoho Books blends accounting, time tracking, and inventory tools in one platform. You can invite your team, set permissions, and share financial data safely. The mobile app helps you work from anywhere.
Free to start, Zoho Books also includes GST-ready features for Singapore. Its advanced reports require a higher plan, but its entry features are strong and affordable.
8. AutoCount
AutoCount gathers all your essential business tasks—accounting, payroll, inventory, and POS—into one powerful platform. It’s built for businesses in Singapore that want more than just basic bookkeeping. AutoCount allows you to track stock levels, record transactions, and handle sales with precision and clarity.
Its Point of Sale (POS) system helps retail and F&B businesses handle real-time transactions while syncing data instantly with the back office. You can monitor sales, control user access, and check daily reports—without needing to be in the store. The software includes payroll modules, general ledger functions, and cash flow tools. You can also customise settings to match how your company operates. This makes AutoCount ideal for business owners who want tight control over finances and operations all from one dashboard.
9. Wave
Wave delivers free invoicing, expense tracking, and financial reporting. You can add unlimited users and track money in real time. Its double-entry system gives structure to small businesses.
The accounting side is free, but payroll comes at a cost. Wave keeps things simple, which suits startups needing strong tools without heavy expenses.
10. Aspire
Aspire Accounting Software is a powerful finance management tool built for modern businesses in Singapore. Fully integrated with platforms like Xero, QuickBooks, and Oracle NetSuite, Aspire offers real-time spend tracking, automated expense categorisation, and hourly data syncs. It simplifies bookkeeping by linking directly to your business accounts, streamlining workflows for founders and finance teams. Aspire helps businesses manage invoicing, payments, and reporting from a single dashboard. Although it currently lacks inventory features, its intuitive interface and frequent updates make it a reliable choice for small to mid-sized companies looking to automate their financial operations efficiently.
Conclusion
Choosing the right accounting services in Singapore gives you more time, reduces errors, and helps your business stay compliant. Each tool featured here supports growth while keeping you aligned with local regulations.
Whether you need automation, simple tax tracking, or live financial dashboards, these solutions bring structure and clarity to your work. For a service that combines reliable software with personalised support, Business Tax Accountancy offers full-service accounting services in Singapore you can trust.
