Accounting Services Singapore Advice Outsourcing of Accounting Needs

SINGAPORE - April 14, 2016 - PRLog -- SBS Consulting assists with the company incorporation Singapore. The firm also offers exacting accounting services and takes care of the statutory compliance requirements of the Small and Medium Enterprises (SME's) in Singapore. SBS also lends its expertise in other corporate services to its clients.

"More often than not, a small business owner is trying to juggle, single-handedly, all the priorities of his business. Hiring a full-time staff member to do the books of business is financially not practical to all of them. It also entails overheads like, CPF contribution and employee benefits. To top it off, there are costs of hardware, accounting software, and training," elaborated Ms. Meena.

Experienced and certified professionals at the accounting services Singapore, like SBS Consulting, can easily bail a small business owner out of such a messy situation. Engaging one of these firms also frees a brave owner from having to learn accounting principles and tools, in order to give a wholehearted DIY try to be compliant with the Singapore filing requirements.

"Singapore accounting services (http://www.sbsgroup.com.sg/singapore-accounting-services/) allow a small business owner to save resources and focus all his energies on the core activities of his business. By outsourcing their accounting needs to us at an affordable costs, they get access to state-of-the-art accounting software tools and certified professionals who are up-to-date with the statutory compliance requirements," said an veteran CPA at the SBS.

The accounting firms in Singapore, like SBS Consulting, offer following services,

• General account filing
• Preparation of Profit and Loss statements
• Preparation of Balance Sheets
• Preparation of Cash Flow statements
• Singapore Group Consolidation
• Accounts Payable (AP)
• Preparation of Director's/Compilation report
• Fixed Assets Ledger
• Bank reconciliation statements
• XBRL statement preparation
• Weekly, quarterly, monthly, and annual financial analysis
• Singapore Professional Accounting Services
• Singapore Financial Software Assistance service

Instead of going through a lengthy process of employing and training a staff member, engaging a reputable and effective accounting service for small business is easy and an elegant solution.

"When the business starts to grow in transaction volume, the business owner, simply, has to ask the provider to increases its services. On the contrary, he can also instruct to downscale it during the off-season," offered Ms. Meena.

Normally, the business owners and directors of the companies are concerned about mistakes or lapses in statutory financial statements. Such filings are their responsibilities and they are well aware that the mistakes are punishable with fines and/or imprisonment.

"The experienced accountants working for the accounting services in Singapore leave no stone unturned, in producing faultless reports. These firms also serve to protect the brand name and the image of their clients," concluded Ms. Meena.

About SBS Consulting:

SBS Consulting, a Singapore company incorporation (http://www.sbsgroup.com.sg) service provider, also delivers services like company secretarial, payroll processing, etc. We are blessed with a large and loyal following among the Singaporean Small and Medium Enterprises (SMEs) owners, because of our prompt and cost competitive corporate services. Our services are scalable and are trusted by many national and international businesses.

Contact Us:

Ms. Meena,

SBS Consulting Pte Ltd

35-B Hongkong Street,

Singapore - 059674

Tel: +65 - 6536 0036