SBS Consulting Said, "Accounting Services for Small Business Singapore can Alter Your Fate"

SINGAPORE - Nov. 4, 2017 - PRLog -- SBS Consulting Pte Ltd is a leading provider of accounting services for small business in Singapore. The firm offers the integrated solutions for all accounting related worries. Right from accounting activities, bookkeeping, XBRL filing to GST, all services are provided under the single roof of SBS.

She said, "Accounting is the lifeline of business. While a healthy accounting record lets a business to keep afloat, the untidy and messy financial records may stunt its growth. Thereby, it is important to maintain the records from the day one of a startup business. A sound accounting report helps the business know how well they are performing. It also helps them take ethical business decisions."

Apart from maintaining the financial records, every business in Singapore must abide by the rules and regulations of the authorities. There are few annual compliance requirements which must be met to sustain it in the long run. Preparing financial statements, filing XBRL report, the compilation of Director's report, convening Annual General Meeting in every calendar year to Annual Return filing, all these legal requirements have to be fulfilled in Singapore. A business owner seldom could able to keep up with these compliance issues. Thereby, the hiring of an in-house employee or outsourcing is a must. Outsourced accounting services have been proven to be cost-effective and efficient than the in-house employees.

We, as one of the prime accounting services provider Singapore,

are widely known for our technical competence, fast delivery, customer care service and proactive client servicing. The accounting team of SBS is capable of transforming unorganized accounting books into clean, tidy and organized records. By having our team, your number counting job cannot go wrong," added she.

SBS Consulting Offers Following Accounting Services:

• Set up of chart of accounts
• Monthly/Quarterly/Yearly accounting services
• Issue balance sheet, income statement, trial balance
• General ledger listing
• Bank account reconciliation
• Fixed assets register
• Account receivables & Accounts payables
• Prepayment, deposit and accrual schedule
• Required schedule of major items of Balance sheet and income statement
• GST accounting, recording and filling of quarterly GST return
• Drafting of compilation report/director's report/management report
• Preparation of audit schedule and assistance to statutory auditor
• XBRL statement preparation
• Any schedule requested by management
• Cash flow analysis
• Advice or assistance in accounting as per Financial Reporting/Accounting Standards

When the small business chooses third-party accounting services provider in Singapore instead of hiring an in-house employee, it saves their valuable time, money, resources. They do not need to invest in advanced and costly accounting software and tools as they get access to this technology via outsourced accounting services. Since a small business is more likely to face the financial crisis in its startup days, it makes sense to outsource the tasks to good accounting services providers in Singapore.

"Our main focus is on the affordable and high-quality services to the clients. We have kept the price of accounting packages exceptionally competitive in the market so that small business could easily afford our services," concluded Ms. Meena.

About SBS Consulting Pte Ltd

SBS Consulting Pte Ltd is one of the renowned accounting service providers that offers quality accounting services for small business Singapore. Headed by an expert accountant, the team is efficient in delivering the unmatched accounting services to our clients.

Contact Info:

SBS Consulting Pte Ltd

https://www.sbsgroup.com.sg

High Street Centre,

#17-02, 1 North Bridge Road,

Singapore

179094 - Singapore

Phone: +65-6536 0036

Email: info@sbsgroup.com.sg