Table Of Content
Hassle-free Payroll Outsourcing
We offer outsourcing solutions in accounting, payroll, financial statements, XBRL and IT support including advising our clients on best corporate practices and governance. We seek to understand the management’s requirements and customise our deliverables to meet your needs.
Routine Accounting
We assist clients to prepare interim or yearly financial accounts and management reports of the company or group to enable them to understand their financial position. Our routine accounting services include:
- understanding management requirements before setting up a proper and appropriate accounting system and chart of accounts;
- performing accounting-related matters from payroll and GST reporting;
- consolidation of accounts;
- providing routine financial reports;
- preparation of budget and variance analysis
- preparing management reports and applicable financial analysis, if so required;
- attendance to auditors.
I.R.A Accounting
On short notice, we can put together an Immediate Response Accounting (I.R.A.) team to handle non-routine accounting work that needs a quick turn around or crisis management to handle your deadline, backlogs, or financial data analysis. Using I.R.A. Accounting, our team can help with:
- work together with your accounts team to complete the accounts timely and meet deadlines;
- clear past accounts backlog
- reconstruct accounts from available documents and information
- prepare financial data analysis and projections
- attend to auditors, advisors or authorities
Business Support
We offer affordable business support services to small and mid-sized businesses across several industries. These are adaptable and customised to your unique demands and situations.
We can help you with:
- Creating sales invoices
- Processing payments, e.g. Cash Management Services
- Helping with filing company records
- Managing administrative processes, e.g. routine, high volume and process-driven operational requirements
Financial Statements
In compliance with the Businesses Act and Singapore Financial Reporting Standards, we help our clients (released or listed firms) produce unaudited financial statements on a yearly basis (also known as compilation reports) for submission to the appropriate authorities or auditors.
XBRL Conversion
XBRL short for (eXtensible Business Reporting Language) is a language that’s used to showcase statements in a way that they could be fetched across online records. It is also used in direct transferring to users like auditors, regulators, and other financial analysts for various purposes. We help assist all Singapore-incorporated firms that are limited or unlimited as per shares (unless exempted) to create financial statements (in XBRL format) for filing with ACRA.
Best Payroll Services in Singapore
We can also help clients in managing payroll in order to help them maintain confidentiality as well as reliability of payroll data within the business. We ensure compliance with all applicable government regulations. Our payroll outsourcing services include:
- Managing payroll records for employees
- Handling salary computation like gross and net salary as well as applicable CPF, CDAC, MBMF, SINDA or ECF contributions
- Managing bonuses or any particular ad hoc payments
- Taking care of no pay leave & expense claims
- Submitting ad hoc statutory claims like maternity, national service, childcare, IR21 & other related claims to authorities
- Handling detailed payroll report
- Handling payslip for each employee
- Managing salary disbursement to employees (Bank GIRO transfer)
For enquiries relating to Outsourcing, please contact:
Paul Tan FCA (Singapore), FCCA (UK), MBA, ATA Chairman paul.tan@nexiasingapore.com
