Counto

JANUARY 8, 2024

Singapore GST Registration Guide for Foreign Businesses Expanding your business to Singapore and wondering about Goods and Services Tax (GST)? This comprehensive guide will walk you through the essentials of GST registration for foreign businesses in Singapore. Look no further! When to Charge GST in Singapore?

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Tax Collections Auditing Invoicing 52

Counto

JANUARY 9, 2024

In this blog post, we’ll delve into the key tax exemption schemes that can significantly benefit your new company in Singapore. Determining the First Three YAs: The first YA for your business depends on the financial year-end chosen and the closing date of the first set of accounts. on the subsequent $100,000 of income.

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Tax Corporation Tax Accounting Accounting 52

Counto

JANUARY 10, 2024

XBRL Filing for Companies in Singapore In Singapore, companies are required to file their financial statements in XBRL (eXtensible Business Reporting Language) format with the Accounting and Corporate Regulatory Authority (ACRA). In this blog post, we will explore XBRL filing, its requirements, and its benefits for companies in Singapore.

Financial Statements 52

Financial Statements Microsoft Excel Financial Reporting Data Entry 52

Counto

FEBRUARY 3, 2024

Accounts Payable vs. Accounts Receivable: What’s The Difference? In the world of business finance, managing your accounts payable (AP) and accounts receivable (AR) is vital for maintaining a healthy financial outlook. Monthly debt payments, however, are typically recorded under accounts payable.

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Accounts Payable Accounts Payable Accounts Receivable Accounts Receivable 52

Billing Platform

JANUARY 1, 2024

5) Receive the Payment Enter the payment into the AR system to allocate funds to the invoice, then reconcile the AR ledger. 5) Receive the Payment Enter the payment into the AR system to allocate funds to the invoice, then reconcile the AR ledger. Take for instance workflow versus billing process management (BPM).

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Billing AR Invoicing Reconciling 52

Counto

JANUARY 9, 2024

This comprehensive guide will walk you through the essential steps to set up your trading business in Singapore, including crucial details on company registration, customs requirements, licences, and permits. This process involves registering with the Accounting and Corporate Regulatory Authority (ACRA) through the BizFile+ platform.

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Tax Accounting Accounting 52

Counto

MARCH 19, 2024

This guide outlines key obligations, deadlines, and penalties you should be aware of. Payments are due within 1 month after the end of the accounting period, with deductions made via GIRO arrangements on the 15th of the following month. Singapore’s tax rate stands at a flat 17%, applicable to the company’s taxable income.

Corporation Tax 52

Corporation Tax Financial Statements Tax Accounts Payable 52

Analytix Finance & Accounting

OCTOBER 6, 2023

It transcends industries, and everyone is trying to find new ways to adopt the technology for its task automation and analytical capabilities, including certified professional accountants (CPAs). Businesses can use AI to analyze vast amounts of data, receive performance-enhancing recommendations, and make more accurate predictions.

CPA 52

CPA Bookkeeping Data Entry Financial Analysis 52

LedgerDocs

APRIL 11, 2024

You want to position your guide, helping them through the process, promptly following up on inquiries and provide clear and concise information about your services and progress. As the famous saying goes “ you never get a second chance to make a first impression”. This is especially true when working with clients.

Bookkeeping 83

Bookkeeping Financial Records Collections Invoicing 83

Invoicera

APRIL 25, 2024

That’s where our elaborate guide is perfectly placed. Our user-friendly guide will help you to make a thoughtful choice and to find the right online invoice generator for your business. Introduction Are you having a hard time creating professional invoices? You’re not alone. Worry no more! It covers it all by itself.

Invoicing 52

Invoicing Billing Invoice Processing Payroll 52

Invoicera

JANUARY 2, 2024

Now enter the Days Sales Outstanding (DSO) – The compass guiding your company’s financial direction. Let’s take an example: American companies typically spend around 36 days collecting their accounts receivable. Introduction Understanding your company’s financial health is like reading a map to success.

Collections 52

Collections Accounts Receivable Accounts Receivable Account Receivables 52

Future Firm

MAY 17, 2022

If you’re looking for the best marketing for accountants’ strategies, you’ve come to the right place. Most of these methods I’ve personally used myself to help take my cloud accounting firm from scratch to sale in just 5 years. Marketing for Accountants 101. 1 Get Blogging. #2 4 Viral Marketing for Accountants. #5

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Accounting Accounting CPA Bookkeeping 98

Invoicera

AUGUST 16, 2023

In this blog post, we will guide you through invoice payment while deep-diving into the essential elements of invoices. You are in the right place. Invoices play a key role in business transactions, ensuring we get paid on time. You need to know the ins and outs of the invoice payment process to make the most of them.

Invoicing 52

Invoicing Record Keeping Reconciling Billing 52

Invoicera

MARCH 29, 2024

In essence, a service invoice is a financial communication tool that ensures service providers receive timely and accurate compensation for their work. At the same time, clients have a documented record of the services they’ve received and the corresponding charges. Did you know?

Invoicing 52

Invoicing Billing Record Keeping Tax 52

Counto

JANUARY 2, 2024

The Definitive Guide to Permits and Licensing in Singapore: 2024 Singapore’s thriving business ecosystem attracts entrepreneurs from around the world. In this comprehensive guide, we delve into the world of permits and licensing in Singapore, offering richer information and insights than ever before.

Financial Statements 52

Financial Statements Financial Services Accounting Accounting 52

SSI Healthcare Rev Cycle Solutions

JULY 13, 2023

In this blog post, we will explore the significance of edits and the various types that can be employed to maximize efficiency and financial outcomes. In this blog post, we will explore the significance of edits and the various types that can be employed to maximize efficiency and financial outcomes.

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing Accounts Receivable 52

Invoicera

MAY 13, 2024

The performance was extremely good, completing all tasks and exceeding expectations. Introduction Have you ever felt disappointed when something didn’t go well with a project because everyone wasn’t on the same page? Client contracts are the secret tool to avoid this kind of problem. What Is A Client Contract?

Purchase Order 52

Purchase Order Auditing Invoicing Accounting 52

Counto

FEBRUARY 12, 2024

How to Strike Off a Singapore Company Striking off a company in Singapore involves a structured process governed by the Accounting and Corporate Regulatory Authority (ACRA). Upon receiving the withdrawal notice, the Registrar will inform the company and publish a notification on ACRA’s website confirming the withdrawal.

Tax 52

Tax Accounting Accounting 52

Outsourced Bookeeping

DECEMBER 7, 2023

Picking the right accounting software matters for companies planning to handle their money well. This guide gives five important questions to check if FreshBooks is right for a client. The layout is straightforward, while the platform provides a variety of tools for onboarding such as customer service, guides, training, etc.

Outsourced Bookkeeping 52

Outsourced Bookkeeping Accounting Software Financial Reporting Invoicing 52

Counto

JANUARY 18, 2024

Mastering Payroll Management: A Guide for Employers in Singapore Effective payroll management is crucial for employers in Singapore to ensure compliance with labor laws and maintain a smooth employee-employer relationship. This supports training upgrading programs.

Payroll 52

Payroll Deposits Tax Accounting 52

AvidXchange

SEPTEMBER 28, 2022

Companies that pay suppliers abroad can leverage accounts payable (AP) automation to complete both domestic and cross-border payments in one place, decreasing the time and money spent on payment processing. What are cross-border payments? How do cross-border payments work with AP automation?

AP 52

AP Purchase Order Reconciling Accounts Payable 52

Nanonets

JUNE 14, 2023

In this blog post, we will guide you through the process of extracting specific data from your emails, leveraging powerful software tools and automated data extraction techniques. Examples of Email Data Extraction Workflows Invoice Processing Businesses often receive invoices via email.

Invoicing 98

Invoicing Invoice Processing Customer Service Purchase Order 98

Counto

JANUARY 10, 2024

In this guide, we’ll delve into the record-keeping requirements for newly registered companies in Singapore, covering what records must be kept, how to maintain them, the duration of record retention, and the consequences of non-compliance. What Records Must Be Kept?

Record Keeping 52

Record Keeping Tax Computation Invoicing 52

SSI Healthcare Rev Cycle Solutions

JULY 13, 2023

In this blog post, we will explore the significance of edits and the various types that can be employed to maximize efficiency and financial outcomes. In this blog post, we will explore the significance of edits and the various types that can be employed to maximize efficiency and financial outcomes.

Revenue Cycle 52

Revenue Cycle Revenue Cycle Management Billing AR 52

Counto

JANUARY 11, 2024

In this useful guide, we’ll walk you through the process of establishing a Singapore offshore company, highlighting the key benefits and requirements. Foreign-sourced income received in Singapore that meets certain conditions is exempt from taxation. Why Incorporate a Singapore Offshore Company?

Tax 52

Tax Payroll Accounting Accounting 52

Invoicera

DECEMBER 31, 2023

This is where accounting automation comes into the picture. Accounting automation tools have made a significant place in today’s digital world. If you are an accounting professional, many questions like these can come to your mind. Why Need Accounting Automation? Which aligns perfectly with our unique business needs?

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Data Entry Purchase Order Accounting Accounting 59

Invoicera

DECEMBER 8, 2023

Thus, we have come up with a blog with solutions to all your challenges. Not only will it help you automate the invoicing process , but as a result, you will start receiving timely payments. They document the work completed, agreed-upon prices, and the due date.When you keep clear records, it helps in maintaining better finances.

Invoicing 52

Invoicing Invoice Processing Billing XERO 52

Invoicera

MARCH 22, 2024

Grab a cup of tea and explore this blog post for a better understanding of all popular invoicing software in the market. Most of the large companies have completely adopted automated invoicing. Many automated billing solutions now integrate with other business tools, such as accounting, CRM, and payment gateways. But guess what!

Billing 52

Billing Invoicing Invoice Processing QuickBooks 52

Invoicera

DECEMBER 12, 2023

Introduction Choosing the right accounting software is a cornerstone for business success. In this blog post, we delve into a detailed comparison of these three popular platforms, highlighting their features, pricing, and the specific business needs they best serve. But how do you decide which is the perfect fit for your business?

QuickBooks 59

QuickBooks Invoicing Payroll Billing 59

Counto

JANUARY 10, 2024

It’s a win-win situation, as companies can enhance the skills of their workforce while receiving financial support from the government. In this comprehensive guide, we’ll delve into the details of AP in Singapore, including eligibility criteria and how businesses can make the most of this beneficial scheme.

Payroll 52

Payroll AP Collections Accounting Software 52

Invoicera

JANUARY 5, 2024

Billing guarantees that all project participants receive a just compensation for their valuable time and labor. The integration ensures that all billable items are automatically accounted for, including hours worked, expenses, and resources utilized. Role Of Billing In Project Management Billing isn’t just about getting money.

Billing 52

Billing Invoicing Financial Reporting Budgeting 52

Counto

JANUARY 16, 2024

In this guide, you’ll find three key grants that can help your new business. In this guide, you’ll find three key grants that can help your new business. Have completed entrepreneurship training. Has not previously received funding from another government organisation for the same business idea.

Collections 52

Collections Accounting Accounting 52

Counto

JANUARY 8, 2024

Soft copy attachments of the foreign entity’s latest Audited Accounts. How can a Foreign Business Set Up Operations in Singapore? If a foreign entity, rather than an individual, intends to establish a presence in Singapore, it can explore four entry avenues. Each entry option comes with distinct advantages and limitations.

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Auditing Financial Statements Financial Records Tax 52

Invoicera

FEBRUARY 12, 2024

This article guides when and how companies should consider raising their prices. Analyze your accounts and determine where your costs have increased. Determining when and how to increase your rates can be daunting as a business owner. This dilemma leaves many entrepreneurs stuck in analysis paralysis. But where do you start?

Invoicing 52

Invoicing Billing Budgeting Customer Service 52

Nanonets

JUNE 22, 2023

We send and receive an astounding amount of emails daily, each one filled with rich information, from meeting reminders and task assignments to customer inquiries and transaction confirmations. In this blog, we will demystify the process of converting emails to Google Sheets. It may sound complex or technical, but fear not.

Purchase Order 52

Purchase Order Customer Service Data Entry Invoicing 52

Nanonets

FEBRUARY 28, 2024

Welcome to our latest blog post, where we embark on a deep dive into the intricacies of the General Ledger (GL) — the bedrock of any business's financial system. We'll unravel the Chart of Accounts, the backbone of the GL, detailing how transactions are organized and recorded. What is a General Ledger?

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Billing Platform

OCTOBER 16, 2023

For instance, leveraging a variety of payment intervals (monthly, annual, usage-based) and diverse pricing strategies, software-as-a-service (SaaS) companies face additional accounting process complexities that can directly affect billing compliance.

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Billing Collections Auditing Financial Statements 52