Our dedicated audit teams are able to provide professional accounting and auditing services that meet your local and international statutory and regulatory requirements. We are here to create optimum solutions designed to meet your specific needs, wherever in the world your business happens to take you.
As with all of our clients, our partner-led team will be committed to providing you with sound commercial advice for any strategic ideas you might have, or any problems you may be experiencing. We will make it our business to understand yours, advising you and making recommendations regarding the development of your business.
Our services includes maintaining daily accounting records or updating accounts periodically i.e. monthly, quarterly, half yearly, annually or updating backlog accounts. These include the followings:
Collecting, digitalizing and recording of all business transactions data.
Transactions include sales, purchases, receipts and payment.
Records books include sales book, purchase books, general ledger, cash book, journals, register book, etc.
Documents include sale invoices, purchase invoices, payment vouchers, cheques, etc.
Upon completion we will produce the following reports for you.
Debtors Aging report
Creditors Aging Report
Fixed Asset Schedule
Any other related schedules
Trading and Profit & Loss Account
XBRL (eXtensible Business Reporting Language) provides a language in which reporting terms can be authoritatively defined. Those terms can then be used to uniquely represent the contents of financial statements or other kinds of compliance, performance and business reports. XBRL lets reporting information move between organisations rapidly, accurately and digitally.
More information on XBRL can be found at www.xbrl.org.
Most companies previously file their Financial Statements in PDF format. By adopting XBRL standards, ACRA believes it can facilitate the conduct of business in Singapore, by providing more value-added financial information and enhancing the regulatory environment with improved transparency and timely dissemination of relevant financial information.
XBRL enables source data to be tagged electronically, making the data machine-readable. Thus, the user’s system can automatically extract the information without the need for copy-pasting or keying-in. XBRL enables tagging of numbers, quantitative data and textual information. The benefits of XBRL go beyond compliance since any data collation process can be streamlined using electronic tags.
We provide tax planning to tax compliance to assist our clients in maximising tax benefits available, maximise working capital and minimising any tax liabilites, whilst our client can give their focus on managing their business.
Below are the range of services provided relating to tax:
We understand that having a functional payroll system is essential to our client’s business. Here at Equilibro, we are committed in providing effective consultations and assistance in payroll services.
We will process your Singapore payroll by accurately calculating salaries of your staff on a monthly or weekly basis. The entire process includes salary credits, production of pay-slips and credits into CPF / MPF accounts of your employees.
We will update the Singapore payroll information related to salary increments of your employees. We will also adjust the differences occurred due to salary increase.
Maintenance and management of allowances, deductions, arrears, savings, and loans for your employees, is the top priority of our payroll services Singapore.
We will assist in tracking and maintaining data and movements of your employees.
We will help in calculating monthly overtime, shift hours and commissions payable to your employees.
e prepare customized reports for general ledger maintenance. Besides, we also assist in preparing monthly payroll reports and Central Provident Fund (CPF) reports, as a part of our payroll services in Singapore. We also perform special bonus runs and prepare tax forms, wherever applicable, for IRAS submission.
Our HR service structure is the friendliest in the industry. We actually tailor them to meet your success.
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