Bookkeeping in Singapore
We help founders understand where their money is going, every month, on time. Delivered to SFRS for Singaporean businesses, priced in SGD.
Singapore companies answer to two regulators from the same ledger — IRAS for GST and tax, ACRA for the annual return and XBRL financials. We keep Xero coded to SFRS so year-end XBRL tagging is a mapping exercise rather than a rebuild, and so GST at 9% is tracked against the S$1 million registration threshold before you cross it rather than after.
Dedicated bookkeepers working inside your cloud accounting stack deliver weekly reconciliation and a clean monthly close. You get a Profit & Loss and Balance Sheet you can actually act on — categorised, reviewed, and delivered on a fixed calendar.
The deadlines we track against your ledger.
| Obligation | Frequency | Due | Authority |
|---|---|---|---|
| GST F5 return and paymentGST-registered businesses | Quarterly | 1 month after the end of the accounting period | IRAS |
| ACRA annual returnPrivate companies | Annual | Within 7 months of the financial year end | ACRA |
Last reviewed against the source . These are the standard dates. Extensions through a registered agent, a non-calendar year end, and volume-based filing frequencies all shift them — confirm your own dates with IRAS. This is general information, not tax advice.
Bookkeeping deliverables
- Weekly bank & credit-card reconciliation
- Receipt and document matching
- Monthly P&L and Balance Sheet
- Chart-of-accounts maintenance
- Month-end close on a fixed calendar
- Dedicated bookkeeper inside your software
Xero
IRAS operates a listing of accounting software supporting seamless filing, so choosing a supported package removes most of the manual work at GST and corporate-tax time.
A worked example, in your currency.
A Singapore holding company with regional subsidiaries, 1,900 transactions a month, GST-registered.
- In-house accountant (fully loaded, per month)
- $7,100
- Salt bookkeeping + GST and consolidation
- $2,400
- Monthly saving
- $4,700
Figures in SGD. Regional holding structures usually need consolidation and intercompany reconciliation on top of statutory filing.
The framework your Singapore accounts are held to.
We prepare to Singapore Financial Reporting Standards (SFRS), IFRS-aligned. These are the bodies that set that framework and the authorities you file with — linked so you can verify the standard rather than take our word for it.
- Professional bodyISCAInstitute of Singapore Chartered AccountantsThe national accountancy body for Singapore.
- RegulatorACRAAccounting and Corporate Regulatory AuthorityCompany registry, annual returns and financial reporting.
- RegulatorIRASInland Revenue Authority of SingaporeGST, ECI and corporate income tax filing.
Listed for reference. Salt Accounting Group is not stating membership, registration or affiliation with any of these organisations. Where a filing must be lodged by a registered local agent, it is — your agent keeps the lodgement and the professional sign-off.
Bookkeeping in Singapore
Keep exploring
Bookkeeping for Singapore, simply handled.
Tell us where you trade and what shape the books are in. You get scope, price and a start date in writing within one business day — no obligation.