10Start clearing your backlog accounting works
Business owners, do you realize that your business venture takes lots and lots of time in performing research, planning and sometimes even motivation of employees?
As an entrepreneur and owner of businesses, your main focus would be on marketing and operations of your business. Most of the time, you will not have the time to focus on the accounting, taxation and administrative areas of your business.
Over a period of time, you start piling up your uncompleted accounts, and this slowly turn into backlogs.
Why Choose J Accounting to clear your Backlog?
- You can be sure and have the confidence that your backlog accounting matter is well taken care by us. We had helped many Singapore companies clear their backlog accounting works and tidy up their bookkeeping.
- You enjoy great value for dollar, with work done in an efficient and effective manner. Our price and offer to you are competitive.
Clearing of Backlog Accounting Services Fees Package:
Start clearing your backlog accounting works from as low as S$1,500 per rescue of backlog accounts.
Appropriate for businesses with small volume of transactions
Your Investment: S$1,500 per rescue
- 10 to 30 days
- Less than 200 transactions
- Data Entry
Great choice for businesses with high number of transactions
Your Investment: S$4,000+ per rescue
- 5+ days
- More than 200 transactions
- Data Entry
What are the general accounting services offered in Singapore?
Every firm needs accounting services. Even a very small startup that has just been incorporated needs to keep records of accounts in order to track its progress. As a new startup, if you do not keep your proper records of books and accounting right from the start, then you are in for trouble. There are regulatory requirements to be complied with, and failure to do so would result in fines, penalties and in worst case scenario, summon and imprisonment.
In Singapore, these are some commonly offered accounting services for all types of businesses. This is regardless of the size and complexity of your business:
Simple as it may seem, it could be time consuming especially when you want to focus on your business and capture a larger market share. Outsourcing your book-keeping function may be the solutions for you. Bookkeeping comprises accounts receivable and payable, payroll, billing, bank reconciliations, general ledger entries, monthly, quarterly reports and monthly trial balances. Some bookkeepers also generate financial statements.
Preparing tax files is one of the most time consuming activities in an organization, and it requires the right skill of individuals. A professional outsource service provider firm offering accounting services will help you to prepare and file all tax returns to the Inland Revenue Authority of Singapore (“IRAS”). These include GST (such as GST Reporting), company taxes (preparing the returns while taking advantage of any ways of legal tax avoidance via tax planning) and other reports as may be directed by IRAS.
Preparing the set of financial statements that mainly comprise of the profit and loss together with the balance sheet for annual returns filing with the Accounting and Corporate Regulatory Authority (“ACRA”) is mandatory for all firms. There is no exception for new start-up companies as well.
Accounting systems make work easier and save a lot of costs for many businesses. More often than not, the accounting service provider will help you to source for the best accounting system that serves your business needs properly. They will also help you to install it, train you on how to use it and also make regular maintenance checks on it. You may be interested to know that J Accounting Services has online accounting services as well.
The way your firm’s finances are appropriated and handled determines its direction and future. These outsourced accountants can help you to prepare company budgets, business plans, and cash flow statements among other financial reports required for planning purposes.