Providing quality outsourced accounting services in Singapore to fulfil your business accounting needs
In Singapore, all companies incorporated within the country must have proper maintenance of bookkeeping and accounting records.
If you’re a business owner just starting with a limited budget, hiring an in-house accountant may be the last thing on your mind.
So, why not outsource your accounting to accounting professionals who are committed to understanding your business inside and out?
Gateway of Asia’s qualified accountants and trained accounts officers will handle your company’s accounting functions while you focus on your business.
Our accounting services include maintaining account and bookkeeping records and ensuring that they comply with statutory accounting requirements.
What’s the Difference Between Bookkeeping And Accounting?
Although many would link them to be the same thing, accounting and bookkeeping services have distinct differences in terms of responsibilities.
Bookkeeping refers to the process of identifying, measuring, and recording financial transactions daily and in a consistent manner.
Bookkeeping services also include recording payroll, invoicing, inventory updating, and much more, influencing the business’s financial decisions.
Meanwhile, accounting requires analyzing and reporting the financial transactions in the general ledger of a business.
An accountant is responsible for preparing financial statements and accounting reports and other general account maintenance like preparing a balance sheet and accounts ledger.
Accounting services also cover analysing and interpreting the cash flow within a company, such as operational costs, taxes and other payments.
Similar to bookkeeping, accounting reports also plays a big role in helping owners make business decisions.
Accounting, however, requires more specific skills compared to bookkeeping.
Accountants set up the parameters of a business, such as
- outlining the company budget
- keeping track of your business’ accounts
- overseeing the filing, maintenance and destruction of financial records according to your business needs.
Sounds like a lot?
Gateway of Asia provides experienced accounting services in Singapore.
All our knowledge, just for your business accounting needs.
Outsource Your Accounting And Bookkeeping with Gateway of Asia
Minimize Costs With Outsourced Accounting
If you’re a small business, hiring in house accounting personnel can be a dilemma.
You need an accountant, but the good ones are costly. On the other hand, the more affordable accounting services may not have the experience needed to cultivate your business.
Gateway of Asia solves the dilemma for you with our affordable and quality accounting services.
Save your business from being financially burdened with a full-time employee or expensive accounting software.
Engaging with Gateway of Asia’s outsourced accounting services ensures that your business will flourish.
With Gateway of Asia, you receive the same professional accounting services at a lower cost.
This is especially beneficial for small-medium enterprises (SME) that want to focus on the growth and development of their business.
Has your small business been barely breaking even?
Our expertise helps nurture your business in the right direction without the bank-breaking cost.
Plus, when you outsource to our accounting firm, you can save up on office space! After all, you don’t need to hire a whole accounting department in your company.
At Gateway of Asia, our professionally accredited accountant help keep your company’s accounts in check with the Singapore Financial Reporting Standards (SFRS).
We help you save costs from hiring and training new accounting staff so that you can invest that time and money in your business instead.
Let Gateway of Asia handle your business accounts and financial statements with our bookkeeping and accounting services.
The services we offer include:
- Full sets of accounting services
- Compilation of unaudited financial statements in XBRL format
- Issue of sales invoices, purchase orders, debit and credit notes
- Review staff expenses claims in compliance with the policies of your company
- GST computation and e-filing of quarterly returns
Receive Professional Accounting and Bookkeeping Expertise
Did you know that in Singapore, all financial statements and tax filing must be in XBRL format?
Those documents must be submitted to the Accounting and Corporate Regulatory Authority (ACRA) too.
If you’re unfamiliar with handling your business’ financial accounts, this can be a nightmare.
Let Gateway of Asia’s reliable, professional accountants ease your mind. Your business financial statements and reports are in the safest hands.
That’s because our professional accountants are highly experienced in assisting clients from different companies around Singapore.
Our knowledge has helped businesses
- ensure all their financial records such as bank statements, payroll, and tax return filings are up-to-date,
- comply with the legal requirements in Singapore,
- which then prevents penalties from ACRA later on.
Your company would save a lot of money in the long run by hiring Gateway of Asia’s knowledgeable accountants.
Resolve Accounting and Bookkeeping Issues More Efficiently
Running a business is not an easy task.
There are so many factors, and you can only control so many of them.
Companies go through fast-paced transitions all the time, most with a tight deadline.
But that might be a problem if your company is still starting or lacks the experience in dealing with certain issues.
That’s where Gateway of Asia can help.
Whether your business is going through a merger or annual editing is due, our accredited accounting and bookkeeping professionals will grant you peace of mind.
Our experience in resolving accounting and bookkeeping related issues includes:
- clearing backlog accounts
- installing accounting software
- reconstructing past and current accounting records.
Gateway of Asia’s accounting team can also partner up with your company’s existing team of accountants to efficiently organize and resolve any issues that your business may be facing.
Our bookkeeping and accounting services also help you save time and provides you with the flexibility to focus more on your business operations.
With Gateway of Asia, you will have more time to prioritize your business goals.
Been wanting to improve customer service?
Maybe you wanted to launch a marketing campaign.
With Gateway of Asia’s accounting professionals, now you can!
No more worrying about withholding tax filing or management reporting due to time constraints!
All the benefits of accounting, with none of the work.
Engage with Gateway of Asia’s Bookkeeping and Accounting Services Today!
Looking for a trustworthy accounting company that provides high-quality accounting services in Singapore? Do you need accountants to manage your company’s financial records, employees’ income statements, and payroll services from A to Z?
Gateway of Asia provides flexible accounting services in multiple affordable packages that suits all your business’s accounting needs.
Our team of accounting professionals have helped many companies with
- filing GST tax return records
- compiling financial statements in the required XBRL format
- ensure your company’s compliance with Singapore law and the legal requirements by ACRA and IRAS.
Our expertise. Your company. A match made in business heaven.
We let our experience speak for the quality of accounting service that we provide our clients.
We don’t just work alongside you; we are one with you.
The price of an outsourced accounting team, with the work ethics and loyalty of an in-house employee.
So what are you waiting for?