Phone: +65 6950 2676 |  Email: [email protected]
accounting
Accounting
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Regular Bookkeeping   

As per the Singapore Companies Act, all companies are required to maintain a file of accounts, therefore allowing you to be compliant with ACRA and IRAS. These are as follows:

  • General Ledger Maintenance
  • Accounts Payable Ledger Maintenance
  • Accounts Receivable Maintenance
  • Bank Reconciliation
  • Fixed Assets Ledger Maintenance
  • Cash Flow / Budgeting
  • Financial Statements & Reports Monthly, Quarterly, Year-End Review
  • Books Clean up
  • Management Reporting
  • Financial Analysis

Estimated Chargeable Income (ECI) Submission 

An estimate of a company’s chargeable income i.e. the gross amount of income that is to be taxed by the Inland Revenue Authority of Singapore (IRAS). All companies must submit these numbers to the IRAS within three months after the end of each financial year.  

Extensible Business Reporting Language (XBRL) Submission 

XBRL is a global framework for exchanging business information electronically. It facilitates for the expression of semantic meaning required in business reporting. With effect from December 2013, all Singapore companies are required to file a set of financial statements in XBRL format. However, you can be exempt from doing so if you are: 

  • A regulated financial company
  • Allowed by law to file accounts in formats excluding SFRS (including for small entities) and IFRS (International Financial Reporting Standards)
  • A company limited by guarantee
  • A foreign company 

Accounting and Bookkeeping can be a headache if not done right with the right people. We here at CorpServe hold individuals with years of accounting experience that will help you be compliant with the regulations of ACRA. 

Contact Us

  • Email
  • Phone
    +65 6950 2676
  • Address
    20, Cecil Street, #08-01 GSH Plaza
    Singapore 049705

    Nearest MRT
    Raffles Place (Exit E)

    Opening Hours
    Monday – Friday (9AM – 6PM)
    Excluding Public Holidays
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