ACCOUNTING – Bookkeeping – Low volume transactions (Package)
S$50.00
Non-GST Registration Business: $50-100/ month
GST Registration Business: $100-150/ month
This service includes:
1.) Monthly Bookkeeping
- Documents collection
- Data-Entry of sales invoice, purchase invoice, expenses claims, collection and payments
- Bank Reconciliation
- Free Consultation (1 Hour)
2.) Quarterly GST Submission
- GST Calculation
- Form 5
- E-submission & filing with IRAS
3.) Management Report
- Monthly Balance Sheet Report
- Monthly Income statement reports
- Financial Analysis
- General Ledger Reports
- Accounts Payable Ledger
- Accounts Receivable Ledger
There are four packages of bookkeeping depending on your volume level. The level of volume per month is determined by the factor as below. (3 out of 5 factors)
| Factors | Low Volume | Medium | High |
| Number of sales invoices | 0-20 | 20-50 | >50 |
| Turnover | $0-$50K | $50K-$500K | >$500K |
| Bank Statement Transactions (no of Pages) | 1 | 1-3 | >3 |
| Accounting Transactions** | 0-25 | 25-100 | >100 |
| GST Registered Business | Additional $ 50/Mth | Additonal $100/Mth | Additional $200/Mth |
**Accounting transactions refers to every accounting records of the business. Example of accounting transactions are: sales on credit to customer, receive payment from customer, purchase of material, recording the depreciation of a fixed assets.
