Meta: Keeping your financial books in order is essential for any business. Find help from the following Best Bookkeeping Services in Singapore. Bookkeeping is a very intensive task. It needs an eagle eye, an experienced mind, and well-trained hands to get things in order. While Singapore is home to several accounting firms, you need to find a firm that can efficiently manage your business accounting. This post highlights firms that offer bookkeeping services in Singapore. These firms provide all services associated with bookkeeping. This includes reconciling bank and credit card accounts, managing accounts payable and receivable, and generating monthly financial reports.
Bookkeeping Meaning Explained
Booking means recording all financial transactions of a business. Registering this information allows a company to track all information necessary to make important investing, financial and operational decisions.
Bookkeeper offer bookkeeping services by managing all financial data for companies. As a result, companies have an understanding of their current financial position and transactions occurring within the company. Therefore, proper bookkeeping will give a business an appropriate measure of its performance, offer information for making strategic decisions, and provide a benchmark for income goals.
Single vs. Double Entry Bookkeeping
In single-entry bookkeeping, each transaction is recorded as a single entry. Typically, a cash-based bookkeeping technique tracks cash flow into and out of business. This method is suitable for small businesses, i.e., those with low volume activity.
On the other hand, double-entry bookkeeping involves recording each business transaction at least twice as credit or debit. The amount recorded as credit must be equal to the amount recorded as debit.
Interested in bookkeeping services Singapore accounting firms offer? Check out the list of our recommended bookkeeping services provided below:
Price |
Range of Services |
Service Delivery |
Response |
Score |
|
Nextpage Solutions |
$35- $400 |
9.0 |
8.5 |
9.0 |
8.83 |
Counto |
$750 |
9.0 |
9.0 |
9.2 |
9.07 |
Akash Devasar & Co Bookkeeping Services |
$158 -$1288 |
8.5 |
8.3 |
9.0 |
8.6 |
Reliance Consulting |
$299 – $1899 |
8.8 |
8.5 |
9.0 |
8.77 |
Oaktree Cloud Solutions |
N/A |
9.0 |
9.0 |
8.8 |
8.93 |
Margin Wheelers |
$50 – 2000 |
8.8 |
8.3 |
8.5 |
8.53 |
Rikvin |
N/A |
8.5 |
8.5 |
9.0 |
8.67 |
Win Global Solutions |
$200 – $2000 |
8.5 |
8.0 |
8.5 |
8.33 |
J Accounting |
$697 – $1497 |
8.3 |
8.5 |
8.8 |
8.53 |
ZE Accounting Services |
$100 – $899 |
8.3 |
8.5 |
9.0 |
8.6 |
Nextpage Solutions – 8.83
Nextpage Solutions is dedicated to offering comprehensive bookkeeping services, thanks to its team of qualified accounts. The group provides professional services in accounting, corporate secretarial, taxation, and business process management.
Their charges vary with the type of service.
Highlights:
- GST registration and filing
- Corporate Secretarial services such as AGM/ACRA filing
- Business processes service
Contact Details |
Mr. Kelvin LimTel: +65 91717792kelvin.lim@nextpage-solutions.com |
Mr. Sam YuzheTel: +65 9633 9223sam@nextpage-solutions.com |
|
Mr. Lim Bing RuiTel: +65 9027 2758bing@nextpage-solutions.com |
|
Address |
718A Geylang Rd, Singapore 389630 |
Counto – 9.07
The primary reason why Counto was established was to offer accounting services at an affordable cost for small companies and startups. The firm uses advanced proprietary IRAS-approved tax software to efficiently and affordably handle accounting tasks. This AI-powered system ensures quicker and faster transactions.
Services offered include bookkeeping, tax filing, forecasting, data analytics, and payment solutions.
Highlights
- Pricing is based on your revenue
- Uses AI-powered technology
- 24/7 customer support
Address |
100 Amoy St Found8, Singapore 069920 |
Contact |
+65 3159 4255 |
Appointments |
mycounto.com, hubspot.com |
Akash Devasar & Co Bookkeeping Services – 8.6
Akash Devasar & Co offers a wide range of bookkeeping and accounting services to residents of Singapore. Besides, it provides business coaching classes for new entrepreneurs keen on making strides in their businesses. This bookkeeping Singapore offers is, therefore, ideal for starters.
Their services are categorized into basic, standard, deluxe, and premium packages, each with a special price.
Highlights
- Customized packages
- Business coaching for new entrepreneurs
Address |
559 Jurong West Street 42 Singapore 640559 |
Contact |
Phone: +65 3138 3821 |
Email: admin@akashdevasar.com |
|
Open |
Monday—Friday: 9:00 AM–5:30 PM |
Reliance Consulting – 8.77
Reliance Consulting has 10+ years of experience in providing first-class accounting services to the residents of Singapore. Its services include conventional accounting services, taxation consultation, payroll, and company registration.
Like other accounting firms, prices vary with the level of income. For instance, startups will pay $22940 for transactions per month. This is the cheapest package. The highest package will cost you $1,899.
Highlights
- 10+ years of experience
- Multiple packages
- Quick and reliable solutions
Address |
65 Chulia St, #46-01 OCBC Centre, Singapore 049513 |
Contact |
Phone: +65 6670 6820 |
Email: NA |
|
Open |
Monday—Friday: 9:00 AM–5:30 PM |
Oaktree Cloud Solutions – 8.93
Oaktree Cloud Solutions is a leading corporate service in Singapore with multiple partners in the Asia-Pacific region. The accounting firm boasts amenities and automated tools to automate all transactions and enhance productivity.
Apart from building an effective integrated cloud system, the company also offers training on operating the system.
Check out the pricing on the website.
Highlights:
- Free training
- Customizes services to your needs
Address |
7 Temasek Boulevard #12-07 Suntec Tower one, Singapore 038987 |
Contact |
Phone: +65 8891 7181 |
Email: consultants@oaktreecloudsolutions.com |
|
Open |
9:00 AM to 6:00 PM, Daily |
Margin Wheelers – 8.53
If you own a small business and want unique accounting services, check out Margin Wheelers. These account firms offer a wide range of services, including incorporation services or accounting consultancy firms; they have a qualified and expert crew with multi-disciplinary experience in various sectors.
That makes it a capable institution.
Chat with them on the website for a customized offer.
Highlights
- Experts and qualified professionals
- Offer multiple packages at affordable prices
- Focus on innovation
Address |
21 Bukit Batok Cres, #15-75 Wcega Tower, Singapore 658065 |
Contact |
Phone: +65 6272 0820 |
Email: enquiry@marginwheeler.com |
|
Open |
9:00 AM to 6:00 PM, Monday to Friday, except on public holidays. |
Appointments |
marginwheeler.com |
Rikvin – 8.67
Rikvin is a known registration company in Singapore. To ensure efficiency and speed, the firm uses the latest technology, simplifying the entire registration process. But also offer accounting services and handle GST matters.
Additionally, Rikvin can offer taxation services (personal and corporate) and corporate secretarial services to ensure statutory compliance.
Highlights
- Offer immigration and Visa services
- Company registration
- Bookkeeping
Address |
30 Cecil St, #19-08 Prudential Tower, Singapore 049712 |
Contact |
Phone: +65 6320 1888 |
Email: info@rikvin.com |
|
Open |
9:00 AM to 6:00 PM, Monday to Friday, except on public holidays. |
Appointments |
rikvin.com |
Win Global Solutions – 8.33
With 25+ years of experience in different accounting disciplines, Win Global Solutions stands out as one of Singapore’s best-to-go accounting service providers. You can contact them for record-keeping, tax filing, human resources services, payroll services, etc.
Each service offered has special pricing.
Highlights
- Multiple affordable packages
- Free business evaluation services
- XBRL financial statements
Address |
31 Bukit Batok Cres, #01-22 The Splendour, Singapore 658070 |
Contact |
Phone: +65 9177 9846 |
Email: ykh@wingroup.org |
|
Open |
Mon-Sat 8.00 – 18.00, Mon-Sat |
J Accounting – 8.53
J Accounting is an accounting firm consisting of professional accountants and fully qualified advisors to provide adequate banking solutions for your business. The company boasts of unmatched transparency in its pricing and dedication to meeting your needs.
Highlights
- Experienced team of experts
- Affordable packages
- Individual Ala-Carte Price
Address |
A’Posh Biz Hub #05-34, 1 Yishun Industrial Street 1, Singapore 768160 |
Contact |
Phone: +65 8608 4328 |
Email: Sales@J-AccountingServices.com |
|
Open |
Mon-Sat 8.00 – 18.00, Mon-Sat |
ZE Accounting Services – 8.6
ZE Accounting focuses on offering accounting, secretarial, tax, and auditing services. Typically, the company will prepare unaudited financial statements, bookkeeping, and business management for businesses of all sizes.
These experts ensure timely delivery of the reports, allowing you to focus on your businesses. Visit the website to check out their customized quotes today. Typically, the pricing is categorized into primary, economy, standard, and Pro. Pick a package and enjoy their services today.
Highlights
- Fixed fees for a specific service
- Offers customized quotes
Address |
141 Cecil Street Singapore 069541 |
Contact |
Phone: +65 6667 3158 |
Email: @info@zeglobal.com.sg |
Bottom Line
If you are in Singapore, bookkeeping services are essential in ensuring the success of your business. Therefore, consider investing in an affordable but effective bookkeeping service provider in Singapore.
The best providers offer both single-entry and double entry bookkeeping services. However, some specialize in either small businesses or large businesses alone. Read their terms of service to avoid last minutes surprises.
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