Outsource Accounting Services in Singapore
Get a dedicated, qualified accountant for less than the cost of a single in-house hire. We keep your books clean and your reports current, remotely, so you can stop spending evenings on spreadsheets.
What is outsourced accounting?
Outsourced accounting means hiring an external accountant to run your books instead of employing someone in-house. A good provider handles your bookkeeping, bank reconciliation, financial statements, payroll and monthly management reports, so you get a full finance function without the cost of a full finance department.
It's how most Singapore SMEs keep their accounting accurate without carrying a salaried hire. You hand over the transactional work, keep the oversight, and get back the hours you were losing to spreadsheets.
With us, the accounting covers bookkeeping and reconciliation, SFRS-compliant financial statements, payroll with CPF, accounts payable and receivable, and management reporting.
*Full finance function, no in-house headcount needed
Lower cost, better compliance, more time for growth.
Outsource transactional work to us; keep light strategic oversight in-house.
Daily on-site control worth the overhead at scale.
*The honest decision is about revenue and complexity
Should you outsource accounting or hire in-house?
For most Singapore SMEs under S$5 million in revenue, outsourcing is the clearer choice. It costs less, keeps your compliance on track, and frees up your time. Hiring in-house only starts to make real sense above roughly S$5 to 8 million in revenue with complex operations, where daily, on-site finance control is worth the overhead.
The honest decision rule is about revenue and complexity, not preference. Below the threshold, an in-house hire sits idle part of the month while still costing you a full salary. Above it, the volume justifies a dedicated seat.
In between, many businesses run a hybrid: outsource the transactional work to us, keep light strategic oversight in-house.
In-house vs outsourced: the real cost
| Metric | In-house accountant | Outsourced (us) |
|---|---|---|
| Monthly base | S$3,500 to S$4,500 | One fixed fee from far less |
| Plus | CPF, benefits, software, training, desk | Nothing, all included |
| Fully-loaded / year | S$62,000 to S$87,000 | A fraction of that |
| Cover if they leave | You carry the recruitment gap | Always covered seamlessly |
| Expertise | One person's technical knowledge | A qualified Financial Controller (Mehdi Javed) |
Salary, CPF, benefits, desk, software
Transaction-based pricing, scales with you
*Based on typical Singapore SME scenarios
How much does outsourcing accounting cost in Singapore?
Outsourced accounting typically runs S$200 to S$2,500 a month depending on transaction volume and the services you need, far below the S$62,000 to S$87,000 fully-loaded annual cost of an in-house accountant. Most SMEs save 20 to 60% by outsourcing, which works out to roughly S$10,000 to S$60,000 a year.
Pricing tracks your actual transaction volume, not a fixed tier, so a lean business pays lean fees. You can see the full breakdown on the pricing page.
Get an exact figure with a fixed quote built around your real activity.
When should you hire an in-house accountant instead?
Hire in-house once your revenue passes roughly S$5 to 8 million, your transaction volume is high, and you need daily financial control on site. At that scale a full-time accountant earns their salary. Below it, you'd be paying S$60,000-plus a year for someone who is busy only part of the month.
There's no prize for hiring early. Most growing SMEs get better results keeping the work outsourced until the volume actually fills a full-time role.
*Indicative, complexity and transaction volume also matter
AFSB answer
Named FC. Calendar tracked. 15+ years track record. Cloud-only, access-controlled.
*Favour providers who give you a single named accountant
What should you look for in an outsourced accounting provider?
Check four things: who actually does your work, how they manage your compliance calendar, their track record on timely, accurate reporting, and how they protect your data. Avoid providers who assign a rotating team you never speak to, and favour one who gives you a single, named, qualified accountant.
Start with the person. You should know exactly who keeps your books, not a faceless queue.
Then the calendar. A good provider tracks every reporting deadline so nothing slips.
Finally, data security. Look for cloud software with proper access controls, not files traded over email.
How does the switch to outsourcing work?
It's a clean handover that usually takes a few weeks. We collect your existing records, set up or take over your Xero or QuickBooks, and pick up your monthly cycle with no gap in your books. You keep full visibility throughout, and you approve everything before it's finalised.
We collect your records
We collect your existing records and review where things stand, no scramble on your side.
We set up your software
We set up or take over your Xero or QuickBooks Online, you get real-time access throughout.
We run your monthly cycle
We run your monthly cycle with no gap in your books. You review and approve everything before it's finalised.
Why choose accountantforsmallbusiness.com?
Because you get one named Financial Controller with 15+ years of experience, transaction-based fixed pricing, and a remote model that keeps fees low. You're not paying for a Singapore office, and you're not handed to a rotating team. Mehdi Javed knows your business and keeps your books ready for your tax agent to file.
- ✓ Remote means lower cost, no local office overhead to pass on, so you get senior-level work at a price an in-house hire can't match.
- ✓ Transaction-based pricing that scales with you, no renegotiation, no surprises.
Why Remote Works
Frequently Asked Questions
Will I lose control of my finances?
Is my financial data safe?
How does the handover work?
Do you file my tax and GST?
Can I scale the service as I grow?
Spending evenings on the books?
Get a fixed quote and hand your accounting to one qualified person who keeps it clean every month, for a fraction of an in-house hire.
Get a quote →