The Singapore Companies Act mandates that all Singapore-based companies maintain accurate books of accounts.
Bookkeeping is essential for day-to-day account maintenance and also for business decision-making and financial management. This will lead to you meeting the compliance requirements specified by ACRA and IRAS.
Integrity and accuracy of general ledger balances are assured through reconciliation of local and corporate accounts, which helps maintain the integrity of accounting records. In addition to helping you establish accurate accounting, our professionals provide you with the financial information and reports you need to make informed decisions regarding your business.
How Bluebox can help you?
As part of our Bookkeeping Services, we help clients reduce their management, accounting, and tax preparation costs. Online bookkeeping services offered by Bluebox Global cover the full scope of bookkeeping, and customers can choose what they need.
Give us the responsibility of your accounting matters and you’ll free up time to focus on your business’s key areas.
Our team will assist you with the following:
- Accounting needs of your business and organize and review your financial documents to keep them up to date.
- Ensure all accounts reports are clearly understood and help you monitor compliance issues.
Our Services:
- Customer invoices and employee expenses, and
- Recording taxes/provisions on various business transactions
- General Ledger Maintenance
- Accounts Payable Ledger Maintenance
- Accounts Receivable Maintenance
- Bank Reconciliation
- Fixed Assets Ledger Maintenance
- Cash Flow / Budgeting
- Financial Statements & Reports Monthly, Quarterly, Year-End Review
Accounts Receivables Management
As the firm’s operations expand, the account receivable-related accounting work that the Singapore company requires becomes the responsibility of a qualified individual.
Collection Services
Every firm relies heavily on cash flow. Getting paid on time is one of the most important aspects of any successful business. Accounts that are past due can take you away from your essential business operations.
Budgeting
Singapore’s economy has been transformed and future-proofed in recent budgets. With the COVID-19 pandemic overtaking the world in the last year, the need for change has become even more pressing, and the window for implementing has reduced.