For small businesses and SMEs in Singapore looking for an accounting firm they can trust, we recommend Counto, an IRAS ASR+ Tier-3 solution.

They offer bookkeeping, tax filing, payments, and advisory services all on a simple and easy-to-use platform.

For those using legacy software like Xero, QuickBooks, and others, their team will sync your data with Xero/QuickBooks or help you migrate your data to Counto so you can save even more.

We like that they offer more than the aforementioned and can assist with add-on accounting services for small businesses to to organise payroll, catch up on bookkeeping, or handle vendor payables.

What we also like is the different package options they have that caters to the needs of the client.

We think their services are perfect for those who are looking for more affordable options!

Working with Acc Pro was an overall pleasant experience thanks to their modern accounting solutions, according to a happy business client we’ve interviewed.

The owner said that before Acc Pro, his company processed bookkeeping and payroll manually. The service helped them migrate to the cloud without a hitch.

The owner didn’t outsource the service’s Human Resources Management System, though. He said Acc Pro’s customized training and payroll support were enough to prepare his team for the new system.

He claimed that Acc Pro was also able to understand his company’s needs completely, making for tailored fit assistance.

That said, he thought the packages should be more flexible for fledgling businesses. He said that some small companies may do away with a few of the services included in the bundle. 

He also observed that Acc Pro’s solutions require major adjustments on the client’s side, especially if the business was used to manual operations. 

Acclimation to the technology will take some time, so he thought that businesses like his will do better if they hire a techy staff.

Ackenting Group or AG Singapore’s primary charm lies in its long list of corporate accounting services. We had first-hand experience of the company’s efficiency, too, when we hired it the previous year.

We think the best thing about hiring AG is that its service isn’t contractual. We were able to add and deduct accounting requirements as we deemed fit, subject to the pro’s recommendations.

This flexibility also meant we got to pay for the exact service we needed and were not tied down by bundles or packages.

As for the service itself, we couldn’t ask for more, as AG ensured efficient and fuss-free execution of each accounting task.

Though, we must admit that AG’s pricing leans on the expensive side. That said, we were convinced that their service was worth the money. 

Moreover, though we didn’t experience it ourselves, know that a few of AG’s clients reported minor complaints about the service’s front desk, particularly in responding to queries.  

Singapore Online Accounting Services or SOAS had a reputation few accounting firms could match. Most of its clients were long-time customers and have been using its service for years.

One of the business clients who agreed to share her experience said that the probable reason for this is SOAS’ consistency. 

She has been a client for three years already, and she hasn’t encountered any problems with how the service carries out its tasks.

She also appreciated that SOAS professionals did not simply provide accounting solutions but also shared their insights on running a business. She said she learned a lot from those talks.

That said, SOAS’ packages are not that flexible, which might be an issue for businesses needing partial accounting assistance only. 

Our interviewee said that she was fine with the packages, though, as the prices were reasonable. 

However, she quipped that the add-ons were quite pricey, so she tried her best not to use additional services.

New businesses will benefit the most from Margin Wheeler’s services. Aside from accounting requirements, the company assists in accomplishing work passes, trademark applications, and incorporation.

One of the business owners we’ve talked to said that he found Margin Wheeler convenient, as it was there for his venture from day 1. 

What made the process efficient was the company’s high responsiveness and detailed insights on setting up the company.

As for the accounting part, our interviewee said he was satisfied with the company’s performance. He mentioned its bookkeeping service as the most helpful.

That said, he wished Margin Wheeler had more accounting services available so he won’t have to look for another third-party provider.

The rates were also a bit pricey. Still, our interviewee found them reasonable given the service’s efficiency.

Highnix is a cloud-based ERP and accounting service provider aimed at helping small and medium enterprises (SMEs) streamline their operations through affordable and efficient business solutions.

We like that their offerings include a variety of web-based tools, including ERP software, accounting systems, and Peppol E-invoice (InvoiceNow) integration.

Highnix offers low-cost ERP and accounting systems specifically designed for SMEs and micro-enterprises.

We think that this affordability is a significant advantage for smaller businesses that may not have the budget for more expensive, large-scale ERP solutions.

As a cloud-based service, Highnix allows businesses to access their ERP and accounting systems from anywhere, at any time.

We find that this flexibility is particularly beneficial for companies with remote teams or those that operate in multiple locations.

Highnix has focused on developing a system that is easy to use, even for those with limited technical expertise.

This user-friendly interface reduces the learning curve for new users, allowing businesses to implement the software quickly and efficiently.

We find it impressive that Highnix was founded by a team with over 120 years of combined experience in system analysis, development, and programming.

This depth of expertise is reflected in the quality and robustness of their solutions, giving clients confidence in the reliability and effectiveness of the tools they are using!

VentureHaven caught our eye thanks to its comprehensive accounting plans that come at reasonable annual rates.

A client we interviewed told us that her plan included complimentary financial statements and tax filing services on top of bookkeeping support and digital solutions. 

She claimed the comprehensive assistance was worth what she paid for. 

She also liked VentureHaven’s corporate secretary service, as it helped her refocus her time on growing her business, knowing that a trustworthy professional was handling necessary government transactions.

But we think not all businesses will prefer VentureHaven’s comprehensive packages. An older company that wishes to outsource only select accounting services might opt for more flexible plans.

And as much as the company was efficient with its services, it could use some improvement in its communication with clients. 

We say this, as a few past clients claimed that they had some difficulty reaching VentureHaven’s lines when they need the service.  

Since its establishment in 2013, W.L.P Accounting has been a cornerstone of trust and professionalism in the financial landscape. Specializing in accounting, corporate secretaryship, and tax advisory, W.L.P Accounting offers tailored services to businesses and organizations, ensuring compliance and fostering growth.

We like that W.L.P Accounting offers cost-effective solutions tailored to meet the financial needs of businesses, ensuring maximum value for every dollar spent. With easy-to-use software solutions, W.L.P Accounting simplifies financial management for businesses, streamlining processes and saving time.

Aside from this, W.L.P Accounting boasts a team of proficient accountants dedicated to delivering high-quality service and expertise. Sporting a track record since 2013, W.L.P Accounting has been the trusted support system for SMEs and MNCs, specializing in corporate secretaryship. Their approach ensures compliance and serves as a catalyst for business expansion and operational excellence.

Note though that rates and packages of their services aren’t readily available on their website so interested clients may need to inquire before availing of their services.

Overall, for businesses seeking a trusted financial ally grounded in professionalism, integrity, and trust, W.L.P Accounting stands out as the ideal partner. With tailored services, innovative solutions, and a commitment to excellence, W.L.P Accounting is dedicated to propelling businesses towards unparalleled success in the ever-evolving financial landscape.

Assembly Works is a corporate solutions provider offering a wide range of services to businesses, including accounting, bookkeeping, company secretarial services, and more. Their mission is to help businesses achieve greater heights by providing efficient and effective support. With a commitment to transparency, professionalism, client-centric approaches, and excellence, Assembly Works has established itself as a reliable partner for businesses, particularly in the realm of accounting and financial services.

We like that accounts handled by Assembly Works are prepared to meet the Singapore Financial Reporting Standards (SFRS) and include all necessary audit schedules. This readiness simplifies the audit process and ensures compliance with regulatory standards.

Furthermore, Assembly Works boasts a team of highly trained and experienced professionals who are well-versed in local requirements related to accounting, taxation, and payroll services. Clients have praised the depth of knowledge and expertise of the team members, particularly noting the effectiveness of their support in complex financial matters.

Note though that while Assembly Works is highly effective in navigating the business landscape in Singapore, companies with operations in multiple countries might need additional support to manage international accounting standards and regulations. The firm’s expertise might be more tailored to the local market.

Overall, Assembly Works stands out as a reliable and professional provider of corporate solutions, particularly excelling in accounting and bookkeeping services. Their expert team, commitment to transparency, and client-centric approach make them a preferred choice for many businesses in Singapore. 

JWC Accounts is a comprehensive service provider offering a one-stop solution for accounting and HR services tailored to meet the monthly needs of businesses. Their range of accounting services includes essential bookkeeping tasks such as Accounts Payable (AP) and Accounts Receivable (AR) management, bank reconciliation, and the provision of monthly and quarterly financial reports. Additionally, they handle quarterly GST filing, ensuring businesses remain compliant with tax regulations. On the HR side, JWC Accounts provides services such as payroll management, onboarding process outsourcing, HR administration, and even extends to apartment and school sourcing along with culture awareness training. 

By offering both accounting and HR solutions, they eliminate the need for businesses to engage multiple service providers, streamlining operations and reducing administrative burdens. Their expertise in bookkeeping ensures accurate and timely management of financial transactions, which is crucial for maintaining healthy cash flow and financial stability. The inclusion of financial reporting and GST filing further aids businesses in meeting regulatory requirements without the stress of handling these complex tasks independently.

Furthermore, they provide professional services at competitive prices, making them an attractive option for small to medium-sized businesses looking to optimize their accounting and HR functions without straining their budgets. The professional staff at JWC Accounts are well-trained and experienced, ensuring that clients receive top-notch service and support. Their approach to customer service is personalized, addressing the unique needs and challenges of each client, which fosters long-term relationships built on trust and reliability.

However, there are some potential drawbacks to consider when engaging JWC Accounts. One notable issue is that the breadth of their services might lead to occasional delays or bottlenecks, especially during peak periods when demand for their services is high. This can affect the timely delivery of reports or completion of tasks, which may be critical for businesses with tight schedules or urgent requirements. 

In conclusion, JWC Accounts provides a valuable one-stop solution for businesses seeking comprehensive accounting and HR services. Their wide range of offerings, combined with professional expertise and affordable pricing, makes them a reliable partner for managing essential business functions. For businesses looking to enhance their efficiency and focus on core activities, JWC Accounts is a highly recommended option.

Grof positions itself as a “Financial Sidekick” for businesses in Singapore, offering a range of customized digital solutions and corporate services focused on the core pillars of Compliance, Cash Flow, Convenience, and Control (the 4Cs).

With a clear emphasis on supporting business growth, Grof provides an array of services that go beyond traditional accounting, aiming to address common challenges such as inaccurate calculations, disorganized accounts, and missed deadlines.

We like that Grof’s approach to accounting is highly personalized, ensuring that each client receives solutions tailored to their specific business needs.

We’re impressed that Grof uses a data-driven approach to its accounting services, which allows for more precise financial analysis and decision-making.

This method ensures that businesses can make informed decisions based on accurate financial data, leading to better outcomes and more effective financial management.

Grof is known for its swift and efficient service delivery, which is crucial for businesses that need to make quick financial decisions or meet tight deadlines.

Grof’s commitment to understanding each client’s business goals and challenges is a significant strength.

We find that this personalized attention helps build strong relationships and ensures that the services provided are aligned with the client’s strategic objectives.

Bestar is a prominent financial consulting firm based in Singapore, offering a wide range of accounting services designed to meet diverse client needs. Their expertise spans across company registration, bookkeeping, tax services, and more. With a focus on delivering comprehensive accounting solutions, Bestar aims to provide businesses with reliable and efficient financial management support.

One of the key advantages of working with Bestar for accounting services is their extensive range of offerings. They provide not only standard bookkeeping and tax services but also more specialized solutions such as company valuation and risk management. This broad spectrum ensures that clients receive tailored financial advice and support, addressing various aspects of their business needs in one place.

Another significant benefit is Bestar’s commitment to integrating modern technology into their accounting practices. They utilize advanced software such as Xero, QuickBooks, and Sage, which enhances the accuracy and efficiency of their services. This technological approach helps streamline financial processes, offering clients more precise and timely financial insights.

However, a potential drawback is that Bestar’s extensive service range might lead to higher costs compared to more specialized accounting firms. While they offer a broad array of services, clients seeking only basic accounting solutions may find that the comprehensive service model is not as cost-effective for their needs. 

In conclusion, Bestar stands out for its diverse and technologically advanced accounting services, making it a strong choice for businesses requiring comprehensive financial management. Their broad service offerings and modern approach provide significant benefits, although the cost may be a consideration for those with simpler needs.