Sun.Feb 23, 2025

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PayNow QR for Businesses: A Complete Guide to Setup and Payment Acceptance in Singapore

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PayNow QR for Businesses: A Complete Guide to Setup and Payment Acceptance in Singapore As digital payments continue to rise in popularity, businesses in Singapore are embracing new, efficient, and secure methods to streamline payment collection. One such solution is PayNow QR, a fast, secure, and convenient way for businesses to receive payments directly from customers bank accounts via QR codes.

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Reporting on Multiple Payroll Periods

Insightful Accountant

In this week's QuickBooks Monday Minute, Murph gives you a few simple steps to run multi-period 'packaged' payroll reports from QBO.

Payroll 59
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How Merchant Category Codes (MCCs) Impact Payment Processing Fees for SMEs in Singapore

Counto

How Merchant Category Codes (MCCs) Impact Payment Processing Fees for SMEs in Singapore For small and medium-sized enterprises (SMEs) in Singapore, understanding how payment processing works is crucial to managing costs effectively. One element that can significantly impact transaction fees is the Merchant Category Code (MCC). These four-digit codes, assigned by credit card networks, play an important role in determining the fees you pay for processing payments.

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The FinOps Horizon: What’s Changed in 2025 and Where the Industry Is Headed

finout

FinOps in 2025: Cost allocation expands, AI takes center stage, and showback matures. See whats changing and where the industry is headed.

FinOps 52
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Why Tech-Forward Tax and Accounting Firms Have the Inside Track to the Future

Speaker: Joe Wroblewski, Sales Engineer Manager

Automating time-consuming manual tasks can save your firm hundreds of hours–and thousands of dollars. But it can also have longer-lasting benefits, like helping you attract and retain the next generation of CPAs, and we don’t need to tell you how important that is amid the current generational staffing crisis in the tax and accounting profession. You'll want to save your seat for this new webinar with industry expert Joe Wroblewski, where we'll explore how to: Maximize ROI with Cost-Effective Te

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Balance Sheet Red Flags: Key Warning Signs Every SME Owner Should Watch

Counto

Balance Sheet Red Flags: Key Warning Signs Every SME Owner Should Watch As a small business owner, understanding your companys financial health is essential to long-term success. One of the most important tools for this is your balance sheet. It offers a snapshot of your businesss assets, liabilities, and equity. However, while a balance sheet can tell you a lot about your company’s financial status, its also crucial to know how to spot red flags that could indicate potential financial tro

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Building Resilient Payment Systems: A Guide for SMEs to Stay Strong in Times of Crisis

Counto

Building Resilient Payment Systems: A Guide for SMEs to Stay Strong in Times of Crisis For small and medium-sized enterprises (SMEs) in Singapore, payment systems are not just transactional toolsthey are critical to business continuity. Whether dealing with economic uncertainty, technical disruptions, or unexpected crises, having robust payment systems in place is vital for maintaining smooth operations and ensuring financial stability.

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Chargeback Fees: What They Are and How to Avoid Them

Counto

Chargeback Fees: What They Are and How to Avoid Them For small business owners in Singapore, navigating the financial landscape means understanding various fees that can impact your bottom line. One such fee is a chargeback fee, which occurs when a customer disputes a payment and their bank reverses the transaction. Not only can this disrupt your cash flow, but the associated chargeback fees from your payment processor can add extra strain on your business finances.

Billing 52
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Essential Accounting Considerations for SMEs in the Gig Economy

Counto

Essential Accounting Considerations for SMEs in the Gig Economy The gig economy is reshaping the way small and medium-sized enterprises (SMEs) operate, offering flexibility and access to a diverse talent pool. However, with this new way of working comes unique accounting challenges. SMEs that engage gig workers must navigate complex financial reporting, tax obligations, and compliance requirements.

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How Incorporation Secures Intellectual Property Rights in Singapore

Counto

How Incorporation Secures Intellectual Property Rights in Singapore For businesses in Singapore, intellectual property (IP) is one of the most valuable assets. Whether its a unique brand, proprietary technology, or creative content, protecting IP is essential for maintaining competitive advantage and long-term success. Incorporation plays a significant role in securing these rights by establishing legal structures that provide ownership clarity, enforcement capabilities, and financial protection

Tax 52
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Essential Post-Incorporation Compliance: Your First 90 Days Checklist

Counto

Essential Post-Incorporation Compliance: Your First 90 Days Checklist Incorporating a business in Singapore is just the beginning. Once your company is officially registered, the next crucial step is ensuring compliance with regulatory requirements. The first 90 days are particularly important, as missing key deadlines can lead to penalties, fines, or even regulatory scrutiny.

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Live Demo - Supercharge your Month End Close

Automation generally supercharges any process and brings its value to the forefront. See how infusing automation such as ART (our month-end close solution), into your close can get you to the next level of closing. We will share a live demo of SkyStem's solution, ART and share the key elements of month-end close automation. Through ART, we'll take a look at: What month-end close automation entails Which process steps can and should be automated Benefits of achieving process automation, and Why i

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Forensic Accounting: Helping Businesses Detect and Prevent Fraud

Counto

Forensic Accounting: Helping Businesses Detect and Prevent Fraud Financial fraud can quietly drain resources and damage a company’s reputation. For small businesses in Singapore, where financial oversight may be limited, fraud can have severe consequences. This is where forensic accounting plays a crucial role. By applying expert financial analysis and investigative techniques, forensic accountants help businesses detect and prevent fraud before it causes significant harm.

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Why Incorporating in Singapore’s Free Trade Zones Secures Business Growth

Counto

Why Incorporating in Singapores Free Trade Zones Secures Business Growth Singapores Free Trade Zones (FTZs) offer a strategic advantage for businesses engaged in international trade and logistics. With streamlined customs procedures, tax benefits, and reduced import/export duties, these zones provide an attractive environment for companies looking to expand their global reach.

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Security Risks & How to Avoid QR Payment Fraud for SMEs in Singapore

Counto

Security Risks & How to Avoid QR Payment Fraud for SMEs in Singapore QR payments have quickly become a preferred payment method for businesses, offering convenience, speed, and ease of use for both companies and customers. As digital payment systems continue to grow, so does the risk of fraud. SMEs in Singapore, while embracing the advantages of QR payments, need to remain vigilant against fraud attempts that could harm their business and reputation.