ACCOUNTING & BOOKKEEPING SERVICES
AFFORDABLE ACCOUNTING SERVICES SINGAPORE | BOOKKEEPING SERVICES SINGAPORE
Affordable SME Monthly/Quarterly/Yearly Accounting/Bookkeeping Services - According to the Singapore Companies Act, all incorporated companies in Singapore must maintain proper accounting records for a minimum of 5 years. For Exempt-Private Companies or Dormant Companies, despite being exempted from audit requirements, these companies are still required to hold Annual General Meeting (AGM) and file their annual return with ACRA within 6 months from the end of the financial year.
CALL +65 98638665 if you need a quote or Email Tommyksh@shkoh.com.sg
Koh Management is a Singapore Accounting firm that specialize in providing the resources to guide you in setting up your business accounting system and also assisting you with your accounting and bookkeeping requirements at affordable accounting services rates. Especially for startup founders whom may not be familiar with the accounting requirements and needs of the Singapore government. Many SME & Start-Up Companies will need services such as Singapore Accounting Services and Singapore Bookkeeping Services to prepare their management accounts so that the management of the companies can find out the financial health of the business so as to make better business decisions for the company. Also for timely submission of Financial Reports to the government.
For companies who are GST registered, there is also a need for the company to make submissions for GST every 3 months to the Inland Revenue Department, find out more about Singapore GST here.
We are also a full scale business management services team that has corporate secretarial services and tax advisory services team, we are able to assist you with your business needs.
If you are a SME looking for a dedicated Affordable SME or Startup Accounting Services Singapore to assist you with advise and help, we definitely can assist you.
We are also committed to assisting you with the setting up and training of your staff about your Singapore business accounting system, allowing you to save time, money and trouble when your financial reports are due. Contact us to get some idea on the Singapore Accounting Services / Singapore Bookkeeping Services needs.
We provide the following Singapore Monthly/Quarterly/Yearly
SME Accounting services / Start-up Bookkeeping services:
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Setting up computerized / online (depending on your needs) and proper accounting systems using high quality accounting software
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Preparation of compilation report for filing of Annual Return to ACRA
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Bank and other account reconciliation
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Liaising with auditors to get your accounts audited (if required)
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Perform account-related administrative services (Purchases and Payments; Sales and receipts)
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Keeping full sets accounts on monthly, quarterly or yearly basis including:
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Profit and Loss Statement
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Trial Balance
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Bank Reconciliation
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Fixed Asset Schedule
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Debtor Ageing List
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Creditor Ageing List
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Supporting Schedules for Compilation or Audit Reports purpose
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Balance Sheet
CALL +65 98638665 if you need a quote or Email Tommyksh@shkoh.com.sg
Professional Accounting Services in Singapore – Your Trusted Partner for Financial Success
In the fast-paced business environment of Singapore, maintaining accurate financial records and complying with statutory obligations is crucial for long-term success. As an accounting services firm, we provide comprehensive solutions tailored to the unique needs of your business. Our mission is to help you focus on your core business activities while we take care of your accounting, financial reporting, and compliance requirements.
Whether you’re a start-up, SME, or large enterprise, our accounting services are designed to meet all your financial needs, ensuring that you stay compliant with Singapore’s regulations while optimizing your financial processes for growth.
Why Choose Our Accounting Services in Singapore?
1. Expertise and Knowledge of Local Regulations
Singapore’s accounting regulations, such as the Companies Act and Financial Reporting Standards (FRS), are constantly evolving. Our team of experienced accountants is well-versed in the latest statutory requirements and best practices. This ensures that your business remains compliant with the relevant laws, helping you avoid fines and legal complications.
We provide services such as bookkeeping, tax preparation, payroll, and financial statements in line with Singapore's Accounting Standards (SFRS). With us, you’ll have the peace of mind knowing that your financial records are accurate, timely, and compliant.
2. Tailored Accounting Solutions for Different Industries
Every business has unique financial needs based on its industry and business model. We provide industry-specific accounting solutions that address the specific challenges and opportunities in your sector. Whether you’re in manufacturing, retail, F&B, e-commerce, real estate, or professional services, we have a deep understanding of the financial intricacies of your industry.
Our team takes the time to understand your business and offers customized accounting services that support your operational goals, improve your cash flow management, and provide valuable insights into your financial health.
3. Comprehensive Range of Accounting Services
We offer a full suite of accounting services to meet the diverse needs of our clients:
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Bookkeeping Services: We provide accurate and timely bookkeeping services to ensure your business’s financial transactions are properly recorded. From bank reconciliations to accounts payable and receivable, we manage every aspect of your books.
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Preparation of Financial Statements: We prepare detailed financial statements, including balance sheets, profit and loss statements, and cash flow statements, in accordance with Singapore’s statutory requirements.
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Payroll Services: Managing payroll can be time-consuming and complex. We handle the entire payroll process for you, ensuring that your employees are paid accurately and on time, while also meeting CPF contributions and other statutory obligations.
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Tax Compliance and Advisory: Our tax specialists ensure that your business is fully compliant with Singapore’s tax regulations. We handle corporate tax filings, GST returns, and tax planning to minimize your tax liabilities and maximize your savings.
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Corporate Secretarial Services: We also offer corporate secretarial services to ensure that your company meets its annual statutory filing requirements, including the filing of annual returns with ACRA.
4. Focus on Data Security and Confidentiality
At our accounting firm, we take the security and confidentiality of your financial data very seriously. We employ the latest accounting software and secure cloud-based systems to manage your accounts, ensuring that your sensitive financial information is protected at all times. We are committed to safeguarding your business’s privacy while delivering accurate and reliable accounting services.
5. Cost-Effective Solutions for Your Business
Outsourcing your accounting needs to us is not only efficient but also cost-effective. By choosing our services, you can reduce the need for an in-house accounting team, thereby saving on employment costs, benefits, and training. Our services are designed to offer maximum value, providing you with expert financial guidance at a fraction of the cost of maintaining an internal accounting department.
6. Timely and Accurate Reporting
Accurate and timely financial reporting is essential for decision-making and long-term business growth. We ensure that all your financial records are up-to-date and compliant with local regulations. This allows you to gain a clear picture of your business’s financial performance, helping you make informed strategic decisions.
7. Support for Business Growth
As your accounting partner, we do more than just crunch numbers. We work with you to identify opportunities for growth and improvement in your financial processes. By providing detailed financial analysis and reporting, we help you optimize cash flow, control costs, and increase profitability.
Whether you're looking to expand your business or streamline operations, our expert accountants offer valuable insights that drive better financial outcomes. Our strategic advisory services are tailored to help you achieve your business goals while ensuring financial stability.
Why is Accounting Crucial for Singapore Businesses?
Ensuring Compliance with Statutory Requirements
One of the key responsibilities of any business in Singapore is ensuring compliance with statutory reporting obligations. Under the Companies Act, all companies are required to maintain proper accounting records and prepare financial statements in accordance with the Singapore Financial Reporting Standards (SFRS).
Failure to comply with these obligations can result in penalties, fines, or even legal actions. Our team of professionals ensures that your company’s financial reports are prepared and filed correctly and on time, avoiding the risk of non-compliance.
Facilitating Better Decision-Making
Good accounting is the backbone of sound financial management. By maintaining accurate financial records, you gain insight into the financial health of your business. With timely and accurate financial reports, you can assess the performance of your business, plan for future growth, and make informed decisions that lead to long-term success.
Improving Cash Flow Management
Cash flow management is critical to the success of any business. Our accounting services help you keep track of your inflows and outflows, ensuring that your business always has sufficient cash reserves to meet its obligations. By identifying areas where you can optimize cash flow, we help your business stay financially healthy and prepared for growth.
Get in Touch with Us Today!
Whether you’re looking to streamline your accounting processes, ensure compliance, or get better insights into your business’s financial performance, we are here to help. As a leading accounting services firm in Singapore, we offer a wide range of solutions tailored to meet your needs.
Contact us today to learn how we can assist your business with professional and reliable accounting services. Let us be your trusted partner in financial success, so you can focus on what matters most – growing your business.
Koh Management (previously known as S.H. Koh Secretarial & Managament Pte Ltd) was founded by Director Koh Swee Hock in the Year 1984. Over the years, under the guidance of Mr Koh, it has since established a reputation for quality and professionally accounting and secretarial services for SMEs and young start-ups. With 30 over years of experience and also a young team working with him to expand his business within the startup circle, Koh Management has grown from strength to strength.
Koh Management takes pride in the work assigned to them and always goes the extra mile to ensure that our clients are provided with quality services and solutions for their businesses. Should you require any assistance about your business process, administrative matters, feel free to contact our friendly staff at Koh Management. We look forward to serving your business needs.
Koh Management is currently working with K Cloud Accounting Pte Ltd to provide Xero Accounting Services for startup companies through Cloud Based Accounting Software Services for SMEs & Startups. If you are keen on working with us through Cloud accounting, we are keen to talk to you about this!
7500A Beach Road, The Plaza
#09-324, Singapore 199591 (near Bugis MRT)
Email: tommyksh@shkoh.com.sg
Tel: (65) 9863 8665
Fax: (65) 6256 9685
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