Accounting/Book-keeping
To run an efficient and legal local business in Singapore, accounting and other records that will sufficiently explain the transactions and financial position of the Company must be kept and carefully maintained so as to enable true and fair financial statements to be conveniently and properly audited if required. Examples of such records to be kept are the following:
- Trial Balance
- Detailed General ledger
- Accounts payable
- Fixed assets register
- Accounts Receivable
- Bank reconciliation
- Statement of Cash flow and budgeting
- Financial statements
- Monthly Sales reports
- General Journal
- Statement of Comprehensive Income
- Statement of Financial position
- Financial analysis report
If that all sounds like a lot – don’t worry!
Let Business Tax Accountancy handle all your bookkeeping and management so you don’t have to manage it all on your own. Our experienced and certified accountants will help you by maintaining all proper records and providing the management reports on a timely basis. Bookkeeping can be additionally useful to your business because it gives you a thoroughly-kept resource detailing the way your company makes financial decisions.
You can use this information from the reports provided by us to help your company make better financial decisions in the future and to identify any financial or business trends.
What We Do
- We will recommend either Monthly, Quarterly, or Half-yearly bookkeeping packages to suit your Company accounting needs
- Periodic management reports at the end of the fiscal period and upon request
- Trial balance
- Detailed profit and loss
- Detailed balance sheet
- Cash flow statement
- Change in equity
- General journal
- General ledger
- Bank reconciliation
- Fixed Assets register
- Sales tax report (applicable to GST registered companies only)
