SINGAPORE, Sept. 30, 2014 /PRNewswire/ -- SBS Consulting announced a comprehensive guide to the bookkeeping and accounting services in Singapore. SBS is a provider of corporate services like auditing, bookkeeping, accounting, taxation, payroll processing, GST and XBRL filing and immigration passes and visas. The firm offers cost competitive and under-the-one-roof corporate services to Singapore business.
"Accounting and finance are at the heart of any successful business. The guide to accounting services in Singapore claims that bookkeeping and accounting services can help businesses in improving their financial health," said Mrs. Meena, the business head of SBS Consulting.
The guide stresses that the small businesses in Singapore will be better off, if they hire out their non-core business activities like, keeping their books to one of the bookkeeping services in Singapore.
For thorough accounting, auditing, and XBRL filing services, professional accounting firms in Singapore are of more use. The move will free the management and the business owners to devote more time and energy to the core activities of the business.
The guide also elaborates on the dilemma faced by the small business owners. Bookkeeping and accounting fields have gone through many changes. It has moved from paper-based accounting to the computer-based accounting. However, some things have remained the same.
"The guide strongly advocates the business owners to hire the accounting services in Singapore, to take care of the accounting need of their businesses. The small business owners have less time in their hands, as most of them manage their businesses single-handed. A vast majority of them lack expert knowledge of the accounting principles," said a veteran accountant in SBS Consulting.
"SBS Consulting, as one of the trusted bookkeeping services in Singapore, offers to do profit and loss statements and balance sheets. It also provides general account filing, fixed asset ledger, bank reconciliation statements, cash flow statements, preparation of directors' report, XBRL filing, Singapore Financial Reporting Standards (SFRS) service, and financial analysis," said an experienced bookkeeper in SBS Consulting.
The guide to Singapore accounting services highlights the fact that Accounting and Corporate Regulatory Authority (ACRA) officials are very strict about the prompt compliance of statutory filing. The business owners and directors are responsible for the filing of accurate annual return statements. A mistake in filing can bring penalties to the offenders.
The guide identifies accounting services in Singapore as the right candidates for compilation of financial statements, accounting services, personal accounting, and corporate accounting services.
"SBS Consulting offers fully scalable accounting solutions to the small, mid-level and big business organizations. When the orders are pouring in and the business is at its peak, the client can simply inform us to increase our services. When the transaction count falls, the client can tell us to downscale them. This arrangement is much better than establishing an in-house setup and investing in hardware, software and training of the staff," said the CEO of SBS Consulting.
About SBS Consulting:
SBS Consulting Pte Ltd, commenced its business activities in 2010. It is based in Singapore and offers Singapore company registration services, Bookkeeping, Accounting, Taxation, Payroll, XBRL and Auditing Services. Through its dedicated work in providing efficient corporate services, SBS has established a loyal customer-base among the small, mid-level and multinational business fraternity in Singapore.
Contact:
Ms. Meena,
SBS Consulting Pte Ltd
35-B Hongkong Street,
Singapore 059674
Tel: +65 6536 0036
Email: info@sbsgroup.com.sg
Website: http://www.sbsgroup.com.sg/
