For your business to grow and flourish it needs your full concentration. You cannot afford to divert your attention to other matters which may not directly contribute to the revenue of the company. You may not be able to appoint people dedicated to taking care of the other functions. You will need the support of all your staff in developing the business. There are many functions in a company that may not need your direct attention. You can leave these things to be done by an outsourcing company.
Accounting is a function that is essential in all the companies but doesn’t contribute to it monetarily. This job requires experts. It is also a function that is mandatory to do. You are required to maintain proper accounts and submit the same to ACRA when required. You can safely outsource this work to accounting companies in Singapore who will do the job well and keep you always compliant with the rules. 8Finity is an accounting outsourcing company with highly qualified accountants who can take care of all your accounting works. Our accounting package includes the complete management of your accounts. 8Finity has helped many businessmen to set up their companies in Singapore. Though the process is simple, incorporation of a company is best left to experts like us because any mistake in the procedure could delay the whole process. We are also able to guide you properly as to what type of company will be most suitable for you. We can help you in fulfilling all the mandatory requirements for setting up a company in Singapore. We will ensure that proper records of your transactions are maintained. Our package will include the extraction of all kinds of reports that you will require for the proper functioning of the company. We will prepare the balance sheet, profit & loss account, and trial balance. We will also prepare the financial statement which must be submitted to the ACRA. We will prepare a list of receivables and payables which will help you in managing the cash flow. GST report preparation and submission will also fall under our set of duties. Handing over your accounts work to us will relieve you of the job and allow you to concentrate on your core business.
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One of the major areas where small and medium businesses face problems is in maintaining accounts. It is not viable for them to appoint a person exclusively for this purpose. But accounting is not a job that can be ignored. It is very important for companies to maintain proper accounts. It is not just because it is necessary to give the reports and information to ACRA. It is very useful for the company also to extract many details from the accounts. It is an indication of how the company is progressing.
8Finity offers excellent accounting services for small business in Singapore helping them to get the advantage of maintaining proper accounts. We have accounting experts who will keep the accounts up-to-date. They can create the necessary reports and statements necessary for submission to the ACRA. Our services will keep you compliant with the requirements of the authorities. We will help in the submission of the financial statements in the format that is mandated by the ACRA. For your purpose, we will create various reports like profit & loss account, balance sheet, trial balance etc. All these reports help you to know how the company is performing financially. We will also prepare a detailed report on receivables and payables. It is very important to check the company to which you are handing over your accounts job. They should be competent enough to do the job perfectly. More importantly, it should be a company that is trustworthy. You will be handing over all your transactions to them. You should be sure that your details don’t find their way to anyone else. 8Finity is a company with a good reputation and many years of experience. We have earned many customers because of our efficiency and reliability. Setting up company in Singapore is not an easy job for a new entrepreneur. You should know the procedures very well. There are many types of companies that you can open in Singapore. You should know which one will suit your type of business the best. Depending on the type of business that you want to start, there may be queries from the authorities which you need to answer satisfactorily. There are also certain conditions that need to be fulfilled for a company to be incorporated. 8Finity can help you with all these and get your company incorporated in a short time. Our experts will ensure that you are not troubled for anything. You don’t have to waste your time for this purpose. You can carry on with your major work of preparing to start the company. |
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December 2018
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