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· business,accounting services

Every business has many functions which are not its core activities. These functions are, however, required to be done either for the company’s own benefit or because they are mandated. But, it is difficult for many companies to appoint dedicated employees for this purpose as that would mean diverting cash which can be used for developing their business. Many of these functions require highly qualified people who will cost a lot of money by way of salary and other benefits. It is wiser to get these jobs done by someone else and pay for it. That will prove to be more economical for the company.

company incorporation singapore

Accounting is one such job that is not the main business of the company but still, it must be done properly. Accounts help the company to know everything about its finances and the financial position of the company. Accounts will inform the owners how the money is being spent. It will also let the owners know whether they are going on the right path. For small businesses, this job is even more important because maintaining proper accounts will help them keep their cash flow proper. Accounts can help in keeping the owners updated about the money that has to be received and this can be followed up on time to ensure prompt payment. This will help the company with a good cash flow. Proper accounting is also necessary for submitting reports and statements to the ACRA and IRAS.

 

8Finity is specialized in accounting and we can help maintain your accounts in the proper manner. We will help in recording your transactions. We will also help to make the statements like profit & loss, balance sheet, and trial balance. Our accounting package will also include the preparation of statement of payables and receivables. Our accounting services for small business in Singapore will help you to be compliant with the requirements of ACRA and IRAS.

 

8Finity has helped many businessmen in setting up a company in Singapore without any hassles. We guide the entrepreneurs about the various procedures and formalities for getting their company registered and incorporated. Handing over the job to us saves your valuable time. Once the documents are signed we can get the incorporation done within a short period.

Accounting is one such job that is not the main business of the company but still, it must be done properly. Accounts help the company to know everything about its finances and the financial position of the company. Accounts will inform the owners how the money is being spent. It will also let the owners know whether they are going on the right path. For small businesses, this job is even more important because maintaining proper accounts will help them keep their cash flow proper. Accounts can help in keeping the owners updated about the money that has to be received and this can be followed up on time to ensure prompt payment. This will help the company with a good cash flow. Proper accounting is also necessary for submitting reports and statements to the ACRA and IRAS.

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