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Bookkeeping Services Singapore

Timely and accurate financial information is imperative for any business or company to maintain a competitive advantage in today’s dynamic business environment. Reliable information is a vital fundamental in building confidence in the value of an organization, both for the investor and the public. B

Timely and accurate financial information is imperative for any business or company to maintain a competitive advantage in today’s dynamic business environment. Reliable information is a vital fundamental in building confidence in the value of an organization, both for the investor and the public.

By outsourcing the accounting function to a professional and ethical firm, you can potentially save substantially on accounting costs and also experience numerous benefits:

  • No worrying about staff turnover and lack of continuity for the accounting job/position
  • Management time is freed up from administrative & accounting functions to focus on business decision-making
  • Be assured of high data accuracy and integrity by a professional firm

BizCom offers a full range of online and computerized bookkeeping services for companies who need a proper and complete set of financial statements including the following, but not limited to,

  • General Ledger Maintenance
  • Accounts Payable Ledger Maintenance
  • Accounts Receivable Maintenance
  • Bank Reconciliation
  • Fixed Assets Ledger Maintenance
  • Financial Statements & Reports (Monthly, Quarterly, Year-End Review)
  • Management Reporting
  • Backlog Cleanup

Pricing information

Estimated fees — Monthly or Quarterly bookkeeping (per month /per quarter)

Low volume transactions

Starting from SGD$100 to SGD$200

Medium volume transactions

Starting from SGD$200 to SGD$500

High volume transactions

Starting from SGD$500 to SGD$800

Pricing information

Estimated fees — Annual bookeeping (per year)

Low volume transactions

Starting from SGD$100 to SGD$300

Medium volume transactions

Starting from SGD$300 to SGD$600

High volume transactions

Starting from SGD$600 to SGD$1200

The level of transactions is determined by:

Level Of TransactionsNumber of Sale InvoicesTurnover AmountNo. Of Cheque PaymentsBank Statement Transactions
(No. Of Pages)
Low0 – 20SGD$0 – SGD$50k0 – 101
Medium20 – 50SGD$50k – SGD$500k10 – 301 – 2
High>50>SGD$500k>30>2

FAQs

Bookkeeping service FAQs

The answers below restate the scope, fee references and transaction levels shown on this page.

What bookkeeping work is included?

BizCom lists general ledger, accounts payable and receivable, bank reconciliation, fixed assets ledger, financial statements and reports, management reporting, and backlog cleanup among its services.

What determines the level of transactions?

The level is determined by the number of sale invoices, turnover amount, number of cheque payments, and bank statement transactions.

Are the listed bookkeeping fees monthly, quarterly or annual?

The page lists estimated fees for monthly or quarterly bookkeeping per month or quarter, as well as annual bookeeping per year.

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