Engaging Outsourced Accounting Services In Singapore
Pros:
1. It is highly costs-effective. The total cost is usually less than hiring a
full-time employee. And you are freed from the hassle of hiring. It
also free you from any shortfall in manpower in cases such as
employee resignation, maternity leave, medical leaves.
2. You have access to your financial data 24/7 if opt for online
accounting software (highly encouraged).
3. You enjoy services from a team qualified professional accountants.
Our professional team can offer opinion and guidance on their
monetary strategies. Our team are also constantly updated with the
changes in the industry which means you will be free from the burden
of updates – accounting standards update, software update etc.
4. You have lower tax preparation fees. Outsourcing from the beginning
of your company transactions means your books have been kept
correctly and additional information required by tax are kept readily
available, ensuring timely filing of tax return.
5. You have the means to tap on eligible government funding programs
readily. With timely bookkeeping, you will ready your company to tap
on eligible funding programs. With diligence in income tax filing, you
will be assured your company is tapping on the eligible tax exemption
schemes.
6. You are complying with all filing requirements. All filing requirements
are closely monitored and you avoid penalties and fulfil all your
obligatory duties.