SKILLRIDGE PARTNER

In partnership with you

ROUTINE ACCOUNTING

Accounting online - Accounting Offline made for you

Our accounting services are especially popular with SMEs as we make it simpler for our clients. We share with our clients the implications of their financial numbers, highlight variances and alert them when we identify any compliance issues like GST, withholding tax and Audit.

Such value-add is possible because our staff undergo multi-disciplinary training on an on-going basis, giving them an added perspective of issues impacting our clients' businesses.

By understanding your requirement and go beyond routine accounting and bookkeeping, we are also flexible to client request for example, customising the management report format according to your needs.

Our Routine Accounting Services includes:

- Set up of accounting systems

- Support accounting-related administrative services in:

  • Sales & Receipt Cycle (sales invoicing, reminders)

  • Payment Cycle (provision of signatories, AP processes)

- Provide routine and non-routine financial reports including:

  • Departmental report

  • Variance report

  • Monthly comparison of performance

  • Highlights on key performance indicators

  • Administer GST compliance

  • Administer corporate & personal tax compliance

  • Compile proprietor's accounts

  • Set up accounting policies and procedures

- ​Monthly Accounting

- Quarterly Accounting

- Yearly Accounting

- Compilation of year end financial statements in compliance with Singapore Financial Reporting Standards (SFRS)

- eXtensible Business Reporting Language (XBRL) Filing

- Customised Management Reports

Expertise to advise and manage your accounts

When you outsource your accounting and finance to us we will be able to understand your company financial better and advise you as a "Finance Controller" for your company.

The benefits of outsourcing

 

As business owners are always having to look into increasing numerous activities to ensure a growing and successful business, they have to make efficient use time for maximum productivity. By outsourcing time consuming & non core business activities such as accounting and HR tasks like invoice & data entry, account receivables and payable, payroll, bookkeeping etc, businesses can reduce the efforts and free up time, which can be better spent on growing your business. There are several reasons why more and more business owners are looking to outsourcing as a way toward a more productive business operation. Having specialists handling these accounting tasks is an excellent choice as this will eliminate the cost of hiring a full-time accountant, providing a work-space for employee (desk, computer, etc.), job related training cost, payroll tax, and employee compensation and health insurance benefits.

 

1. Time-saving

You won’t have to spend time hiring and training employees. Outsourcing your accounting function is an ideal solution where it is not yet feasible or cost-effective to recruit staff to provide accounting and bookkeeping support.

2. Reduce business cost

With outsourcing, you only pay for the services you need, when you need them. There is no need to worry about covering periods of absence due to holidays, sick and hospitalisation leave. Moreover, the traditional cost that comes along with the hiring of staff such as employee medical, insurance and staff training costs would also be eliminated by using an outsourced accounting service.

3. Flexibility

You can scale our service up or down in line with your accounting needs as your business grows. When starting out it’s often hard to justify the cost of employing in house accounting or bookkeeping resources. However, when the need to have an in house accounts department arises, taking over from outsourced accountant can be done quickly and efficiently without much hassle.

4. Leverage on emerging cloud accounting technology

Access your financial record anytime and anywhere by using a cloud-based accounting. All you need is a web browser and internet connection to access your records, reports, and receipts. No more being tied to the office servers when you need your information quickly or remotely. You can also collaborate your business with partners, employees and your accounting team anytime, anywhere in the world. Best of all you won’t have to pay for annual upgrades or maintenance fees as this is the responsibility of accounting cloud-based services providers.

5. Meeting Compliance Requirements.

Our qualified accountants are up-to-date on all the latest regulatory requirements. We monitor changes in accounting rules and regulations and attend training and seminars to keep ourselves updated with lastest development ensure compliance. The business owner can now have peace of mind in knowing that their accounting tasks are done properly by a qualified expert in the field.

SKILLRIDGE PARTNER PRIVATE LIMITED
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Location
10 Jalan Besar #07-06
Sim Lim Tower
Singapore 208787

©2018 by Skillridge Partner Private Limited.