BOOKKEEPING & ACCOUNTING RECORDS
FINOVA ensures that your business fulfills the compliance requirements stipulated by the regulatory authorities in Singapore to uphold the integrity of your company’s reputation.
You can expect swift and exceptional accounting service in the areas of:
Our accountancy and bookkeeping services in Singapore will free you from the day-to-day account maintenance through the following services:
• Chart of Accounts set-up using Accounting Software
• Access to a Dashboard Interface to see all your key information in one simple place. Your dashboard gives you an up-to-date view of your running balances and bank reconciliations across all of your accounts.
• Accounting entries, compilation of general ledger reports, trial balances, profit and loss statements, balance sheets and balance sheet schedules for management reporting and financial analysis
• Set up direct bank feeds from bank accountsto have transactions imported securely online at your disposal
• Maintenance of Customers and Suppliers contacts for easy invoicing and prompt payments
• Preparation of year-end financial statements, including statements of comprehensive income, statements of financial position, cash flow statements, statements of changes in equity and notes to the accounts (Singapore Financial Reporting Standards-compliant)
• Assistance in the statutory reporting process, including liaison with auditors
• Completion of MAS and other required forms for submission to government agencies
• Preparation of financial statements in XBRL format for ACRA filling
• XBRL Conversion of Financial Statement
• Preparation of group consolidated accounts with multiple subsidiaries
• For the purpose of cash management services, we assist our clients in maintaining trust accounts wherein the clients’ funds are received and disbursed on their behalf (eg. payment of vendor invoices). Bank reconciliation will be performed on a monthly basis.
• Quick resolution of accounting and bookkeeping issues for your Singapore business
• Implementation of Accounting Software for real-time financial reporting services