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Bookkeeping Services – IRAS & SFRS Compliant

In Singapore, efficient bookkeeping is key to meeting Inland Revenue Authority of Singapore (IRAS) requirements and preparing financial statements under the Singapore Financial Reporting Standards (SFRS). Businesses that exceed the S$1 million GST threshold must keep proper records to support GST filings.

 

Why Bookkeeping Matters in Singapore

IRAS compliance: All businesses must maintain accurate records for at least five years.

GST obligations: Companies above the threshold must record GST input and output tax correctly.

SFRS standards: Statutory financial statements must follow Singapore’s reporting standards.

WHY HIRE US

We handle IRAS, GST, and CPF compliance with precision, keeping your business risk-free. Empowering Singapore businesses with tax-efficient, compliant, and scalable financial solutions.

Benefits?

  • GST-compliant record keeping.

  • SFRS-compliant management accounts and year-end readiness.

  • Strong audit trails for IRAS inspections.

  • Reliable financial insights for decision-making.

How We Help

  • Set up GST-ready bookkeeping systems (Xero, QuickBooks, MYOB).

  • Record transactions with proper GST classification.

  • Reconcile customer and supplier ledgers monthly.

  • Provide management accounts aligned with SFRS.

  • Maintain audit-ready schedules for IRAS and auditors.

FAQ Question

Frequently Asked Questions