Attractive Accounting and Payroll Services Promotions

We are using QuickHR Cloud Payroll Software.

Our payroll software can be integrated to Xero Accounting Software. It is highly recommended to use our payroll software unless your existing payroll software can be intergrated with Xero.

No. We will guide you to set up a software which allow you to upload all the supplier invoices. We may also assign you a cloud server to upload other documents.

We are charging one time implementation cost for bookeeping service mainly to record all the opening balances and set up the chart of accounts before we can continue with the monthly bookeeping. For payroll, we need to input all the employee database and also previous salary data which enable us to compile the data for the preparation of AIS submission.

The fee is fixed and no further discount for the unused headcount.

We will charge you at $13 / headcount (monthly fee) at our promotion price for the additional 11th headcount onwards. 

This package is not included the corporate secretarial services. If you would like to engage us, the fee is from $350 / year.

It is recommended to use our payroll software. We may not know how to use your existing payroll software and it requires to invest some time to learn your system which additional fee charges may be required.

We are charging one time implementation cost because we need to input all the employee database and also some salary data which enable us to compile the data for the preparation of AIS submission.

You just need to update any salary adjustment, bonus, allowances, reimbursement, new hire, resignation or other movement related to salary.

Additional fee is required.

SMEs can apply for PSG if they meet the following criteria:

• Registered and operating in Singapore.
• Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore.
• Have a minimum of 30% local shareholding; with Company‘s Group annual sales turnover less than S$100 million, OR less than 200 employers (for selected solutions only)

As announced at Budget 2021, the enhanced maximum support level of up to 80% will be extended from 30 September 2021 to 31 March 2022. The maximum funding support level was raised from 70% to 80% from 1 April 2020 to 31 March 2022 to encourage enterprises to continue their digitalisation and productivity upgrading efforts

PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries. PSG also supports adoption of solutions that cut across industries, such as in areas of customer management, data analytics, financial management and inventory tracking. Thus, all industries are applicable.

• Get a quotation from the pre-approved vendor

• Submit an application on the www.businessgrants.gov.sg
  You will need to register for a Corppass account to transact on the portal.

• Approval takes 3-4 weeks

• Arrange implementation calls

• Give training and 20% downpayment of the total bill

• After implementation – payment for remaining 80% payment of total bill

• Submit your grant claim on the BGP before your claim due date.

Xero is a cloud based accounting software. You can login to the system as long as you have internet connection with your desktop or mobile device. 

There is a huge potential that you can connect your POS system, Inventory management system, E-commerce websites, payment gateway, or other SaaS software to Xero to minimise manual work.

• Basic implementation such as chart of account, upload logo for invoice settings, opening balance of trial balance, trade debtors and creditors is $150.
• Fixed asset module and inventory module will be additional $50 for each module

Xero provides free e-learning. You can learn each module from the learning support site.

If you need one on one training with us, there will be one time fee of $400 with 3 to 4 hours of training.

Please prepare the information and document as follow:

• Confirm the last financial month end.
• Trial balance
• trade receivable and payables outstanding list
• fixed asset detailed listing including the date of purchase, description, depreciation policy
• Inventory detailed listing including the stock description, quantity, unit price, inventory policy
• Company logo to set up invoice settings.
• Bank statement (last financial month end)

Yes, we need to discuss further and additional charges may be required.

• There is no Delivery Note to be generated.
• There is no separate payment voucher to be generated.
• Inventory accounting method for Xero is based on average cost. FIFO or LIFO is not applicable.

Direct bank feed:

• DBS
• OCBC
• UOB
• HSBC
• Airwallex
• Flex
• CurrencyFair
• Aspire
• OFX
• Wise
• Volopay
• WorldFirst

(Updated as of 19 Nov 2021)