Bookkeeping Services in Singapore for Small Businesses
Clean, current books every month, reconciled on Xero and reviewed by a Financial Controller. Stop catching up on weekends and pay only for the transactions you actually have.
What is bookkeeping and what does the service cover?
Bookkeeping is the day-to-day recording of your business transactions: sales, expenses and bank movements, all logged and reconciled so your records are accurate and current. Our service does this for you each month in Xero, covering data entry, bank reconciliation, ledger maintenance and a clear monthly summary.
Done properly, bookkeeping is the foundation everything else stands on. Accurate books turn your financial statements, and your tax agent's filing work, into routine instead of a year-end scramble.
Each month we handle transaction recording, bank and credit-card reconciliation, accounts payable and receivable tracking, and a tidy set of books ready for reporting.
*Every account matched, every month
Records every sale, expense and bank movement. Keeps Xero accurate and current each month.
Uses clean books to produce financial statements, management reports and analysis.
Files GST and corporate tax from the clean books and finished statements.
*We cover bookkeeping + accounting; tax agent covers filing
What's the difference between bookkeeping and accounting?
Bookkeeping records the transactions; accounting interprets them. A bookkeeper logs your sales, expenses and bank movements into Xero and reconciles them. An accountant uses those records to prepare financial statements and management reports. For most small businesses, one provider does both, while a tax agent handles the actual GST and tax filing.
This is the question we hear most. Put simply, bookkeeping is the input and accounting is the output. You cannot get accurate statements, or accurate tax filings from your tax agent, without clean books underneath them.
We cover both. Bookkeeping keeps your records current, and our wider accounting service turns them into statements and filings.
How much do bookkeeping services cost in Singapore?
Monthly bookkeeping for a Singapore SME typically costs S$90 to S$800, depending on transaction volume. A freelance bookkeeper runs S$300 to S$800 a month for basic scope, while DIY with Xero is about S$35 a month in software plus your own time. We price on your real transaction count, not a fixed tier.
The biggest cost driver is simple: how many transactions you have each month. A low-volume sole proprietor pays far less than a busy GST-registered company. We quote on that actual number so you never pay for a tier you haven't grown into.
See full pricing on our pricing page, or get a fixed bookkeeping quote in one short call.
*AFSB price tracks your real transaction count
Works when:
- ✓ Few transactions
- ✓ Time available
- ✓ Confident to reconcile
Fails when:
- ✗ Volume grows
- ✗ Books fall behind
- ✗ Year-end scramble
Always works:
- ✓ Any volume
- ✓ Always current
- ✓ FC-reviewed
- ✓ No weekends
- ✓ Xero included
*Outsourcing gives you the same accuracy at a fraction of in-house cost
Should you DIY bookkeeping with Xero or outsource it?
DIY with Xero works while you have the time and your transaction volume is low. Once books start eating your evenings or you're unsure they're correct, outsourcing is the safer call. A full-time in-house bookkeeper costs S$3,500 to S$5,500 a month with CPF, so outsourcing gives you the same accuracy for a fraction of that.
DIY Xero suits you when you have few transactions, the time to keep up, and the confidence to reconcile correctly.
Outsourcing suits you when bookkeeping is falling behind, you're GST-registered, or you'd rather spend the hours on your business.
Any one of these = time to outsource
It will save you money and stress.
How do you know it's time to outsource your bookkeeping?
Five signs say it's time: you're doing books at the weekend, you're behind by more than a month, you're unsure your records are correct, your statements are never ready on time, or your tax agent won't file until your books are cleaned up. Any one of these means outsourcing will save you money and stress.
Tax agents won't file on messy records, because they can't file accurately on bad data. Clean books aren't optional, they're the thing that lets everything else happen on time.
How does the monthly bookkeeping service work?
Each month you connect your bank to Xero or send us your statements, invoices and receipts. We post and reconcile every transaction, flag anything unusual, and send you a clean set of books with a short summary. You review, and your records are ready for any filing that's due.
Connect or send records
Via Xero bank feed or secure file upload, statements, invoices and receipts.
We reconcile everything
Every transaction posted correctly and reconciled against your bank statements.
Clean books plus summary
You get clean books plus a plain monthly summary. Your records are ready for any filing due.
Can you fix months of backlog?
Yes. If you're behind by several months or your Xero is a mess, we run a catch-up clean-up first, then move you onto a steady monthly cycle. Getting current is usually the fastest way to unblock your statements and your tax agent's filing.
Why choose accountantforsmallbusiness.com for bookkeeping?
Because your books are kept by a service and reviewed by a qualified Financial Controller, not handed to an anonymous data-entry clerk. Mehdi Javed brings 15+ years of multi-entity finance experience, so the numbers behind your statements are checked by someone who knows what they should look like.
- ✓ Pricing tracks your real transaction volume, with no hidden tiers.
- ✓ Everything runs on Xero, so you get real-time access to your own numbers.
Why it Matters
Frequently Asked Questions
Should I do monthly or annual bookkeeping?
Do you work in Xero?
Can you clean up months of backlog?
Is bookkeeping required by law in Singapore?
Does bookkeeping include GST and tax filing?
Tired of weekend catch-ups?
Get a fixed bookkeeping quote based on your real transaction volume, and let us keep your books clean every month.
Get a bookkeeping quote →