With the help of our payroll processing services, you can rest assured that your employees’ wages, insurance benefits, and other deductions are accurately calculated and processed on time. We take care of all payroll-related tasks, including tax calculations and legal compliance, reducing the administrative burden on your HR team.
- Tax Planning and Compliance:
Our team assists you in optimizing your tax plan to ensure compliance with Singapore’s tax laws. By handling your tax filings, deductions, and providing strategic guidance, we strive to reduce tax payments and increase savings for your business.
- Financial Analysis and Advisory:
Beyond simple bookkeeping Singapore, our team offers comprehensive financial analysis and insightful information about your company’s financial health. With our advisory services, we help you make informed decisions, identify growth opportunities, and overcome financial challenges.
Outsource Accounting Process
Here is the step-by-step process for outsourcing your accounting tasks:
- Prepare the job for outsourcing by gathering and organizing the necessary documents. Assign the job to an experienced full-time outsourcing accountant.
- Theaccountant starts working either at your office or remotely, depending on the arrangement.
- If there are any accounting questions or missing documents, they are communicated through email or discussed directly at your office.
- Once the questions are answered, and the task is completed, the accounts and related schedules are sent to our senior accountant for review.
- After approval, the financial reports are delivered to the director for examination.
- If needed, revisions or adjustments are communicated through phone or email.
- Completing financial reports ahead of schedule allows for more time and flexibility in handling the following month’s accounting tasks.
Connect with Soho
We will take you on a brief tour, demonstrate sample reports, and explain how we can support you with your financing needs.
Once you are ready to commence, we will establish all necessary connections and initiate the process of automating your accounting tasks.
You will meet with your accounting, who will conduct a thorough review to identify any outstanding issues with IRAS and ensure that you maximize all available tax benefits.
Frequently Asked Questions (FAQ)