Accounting

10 Best Accounting Software for Small Businesses in Singapore

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 […]