Trying to keep up with the countless transactions that take place daily in a business can be tiring and stressful. In fact, it requires specific knowledge, making it best performed by a trained professional. In comes the bookkeeping service – these form a part of the accounting process which keeps track of the day-to-day financial flow of the company.
Bookkeeping is not only vital because of the legal requirements involved, but it is also useful for companies to keep their accounts transparent and fair. By engaging the services of external bookkeeping accountants, companies can better focus on their main operations to grow their business.
If you’re wondering about the costs involved, bookkeeping services fees in Singapore typically range depending on the nature of the accounting firm and that of your business. To find out more, don’t hesitate to check out the rates offered by these 5 accounting firms in Singapore:
Note: This list is strictly not in order.
1. Ackenting Group
Efficiency and reliability is the name of the game for this accounting company in Singapore. They promise to deliver on time – every time – or else you get your money back. With such unwavering dedication to their work, Ackenting Group is well-established as a provider of bookkeeping, accounting, and audit services for clients from startups to international corporations. Add to that their 10 over years of experience in the field, and you’ve got a company that you can trust with your accounts.
The innovative firm leverages effectively on technology to bump up the rapid turnaround time of their services, which allows them to meet the various needs of even the most demanding clients. All things considered, their bookkeeping services fees start from $500, which is a very reasonable rate for the quality of service they are offering. If speed and reliability are what you’re looking for, Ackenting Group should definitely be on your list.
Contact: +65 9383 2464
Address: 111 North Bridge Road, #07-11, Singapore 179098
Operating Hours: Mon-Fri 8.30AM-5.30PM | Closed from Sat-Sun
2. ContactOne Professional Services
It can be a strain especially on startups and SMEs to have to deal with their financial reports when they lack the time and expertise to do so. Thus, accounting firms like ContactOne Professional services specialise in offering comprehensive accounting solutions to these companies that most need it. Your business can enjoy services from bookkeeping to tax filing at this one-stop accounting services provider.
Whatever services you require, ContactOne Professional Services can include it in their tailor-made package for your business. Their bookkeeping services will help you consolidate your business transactions into meaningful balance sheets, profits and losses, general ledgers, and more. For bookkeeping services alone, the fees start from $350 for a small volume of transactions and increases with the number of transactions. With their expert knowledge, you won’t have to look much further for a comprehensive accounting firm for your SME business!
Contact: +65 8666 3633
Address: The Adelphi, 1 Coleman Street, #10-06, Singapore 179803
Operating Hours: Mon-Fri 10AM-7PM | Closed from Sat -Sun
3. Margin Wheeler
Margin Wheeler is a go-to accounting firm for all your corporate account needs. Their services range from bookkeeping, accounting, and auditing, which are available for your outsourcing. Enjoy greater clarity of your company’s accounts and financial activities when you engage the services of the professionals at Margin Wheeler, which will help you focus more on making the business grow to greater heights.
On top of being a comprehensive service provider, Margin Wheeler promises some of the lowest rates in the market for their corporate services. For companies in Singapore, bookkeeping services fees start at $400 per year, or from $100 for a month. With such reasonable rates, this accounting firm is an excellent choice for emerging companies to receive no-fuss accounting and bookkeeping assistance. Get your accounts up to standard with the help of the expert accountants at Margin Wheeler!
Contact: +65 6272 0820
Address: Wcega Tower, 21 Bukit Batok Crescent #15-75, Singapore 658065
Operating Hours: Mon-Fri 9AM-6PM | Closed from Sat-Sun
4. Corporate Services Singapore
Outsourcing is the new way to go for businesses because more often than not, it is more cost-effective than having an in-house accountant. Corporate Services Singapore promises that you get your money’s worth when you engage their services, offering a 50% money-back guarantee should you be dissatisfied with their services in the first 30 days of working with them.
With Corporate Services Singapore, everything is done for your convenience – communicate straight with your personal accountant, enjoy transparent pricings, receive expert advice, and have your accounts set up and ready to go in a few hours’ time. Depending on your business’ size and transaction volume, a fixed price accounting package for an emerging company goes for $299 per month for a year’s contract. For a more flexible option, you can also opt for a customised package, which will be catered specifically to the needs of your company.
Contact: +65 6303 0642
Address: OCBC Centre, 65 Chulia Street, #46-01, Singapore 049513
Operating Hours: Mon-Fri 9AM-6PM | Closed from Sat-Sun
When you engage the services of 8finity, you can be assured that your company’s financial accounts will be in the hands of highly experienced and certified professionals. Reap the benefits of outsourcing your accounts to 8finity, as you stand to enjoy lower operating costs and more energy to channel to your company’s main purpose. On top of accounting and bookkeeping services, the company also offers a range of corporate solutions, including incorporation, secretarial, tax, and web development services.
You can recognise a reliable accounting firm based on its track record, and 8finity has established itself splendidly with their growing base of satisfied clients. Whether you just need an accounts manager for bookkeeping purposes, or further services like GST reports, payroll services, and more, you can count on 8finity’s star team. Choose from a monthly contract or annual one, and leave the rest to the professionals to take care of your business’ accounts.
Contact: +65 6702 2022 | +65 8235 3043
Address: The Commerze @ Irving, 1 Irving Place, #08-01, Singapore 369546