Bookkeeping Services Fees for Singapore SME
As business owners, keeping track of your accounts is crucial in managing your cash flow. Hiring full-time employees who are trained in bookkeeping is not easy in labour tight Singapore and will add to your payroll cost especially if your business is still small and in its early stages. The cost you save by not adding additional head count and cost of accounting software means more profit to invest and help grow your business faster.
EnterpriseBizpal can help in your business by providing very affordable outsource bookkeeping services fees using our accounting system. We provide a range of accounting services and will work closely with you to keep your books in order and in timely manner so that you will have the information you need to understand your cash flow.
Our monthly bookkeeping services fees are as follow:
| Number of transactions | Monthly Fee |
|---|---|
| Less than 25 | $100 |
| 25 to 50 | $190 |
| 51 to 75 | $285 |
| 76 – 100 | $360 |
Yearly bookkeeping services fees are as follow:
| Number of transactions | Annual Fee |
|---|---|
| Less than 100 | $400 |
| 101 to 200 | $700 |
| 201 to 300 | $1,050 |
Our bookkeeping services comprise of:
- General Ledger management
- maintain accounts payable
- maintain accounts receivable
- Fixed Asset schedule listing
- record journal entry
- record all transactions including sales and expenses
- prepare bank statement reconciliations
- preparing the management reports (Profit &Loss, Balance Sheet)
Optionally for a small additional fee, we can also prepare the compilation report (Financial statements with notes to the accounts), corporate tax and/or compute the quarterly GST for GST filing.
Do check out our annual accounting services package which bundles the annual bookkeeping, tax, financial report, AGM and ACRA annual return filing for the annual statutory compliance with ACRA and IRAS.
Note:
A debit entry and a corresponding credit entry as one transaction. If one transaction has a debit entry and two credit entries for example or vice versa, this will be treated as two transactions. An accounting transaction refers to each invoice raised, each receipt, each payment, each bill received and etc.