by Willie Tan | Jun 23, 2025 | Bookkeeping
As a business owner, you juggle countless responsibilities, from product development and marketing to customer service and team management. Amidst this whirlwind of activity, the crucial task of financial management can sometimes feel overwhelming. However,...
by admin | Apr 6, 2025 | Bookkeeping
Accurate and timely bookkeeping is the bedrock of any successful business. It’s not just about recording transactions; it provides crucial financial insights for decision-making, ensures compliance with Singapore’s regulations (like those set by ACRA and...
by Willie Tan | Mar 5, 2025 | Bookkeeping
In 2025, small and medium-sized enterprises (SMEs) are increasingly relying on advanced accounting software to streamline their financial processes and support business growth. With numerous options available, choosing the right accounting software can be a daunting...
by Willie Tan | Jan 27, 2025 | Bookkeeping
In the world of small and medium enterprises (SMEs), efficient book-keeping and accurate accounting are crucial to maintaining financial health and making informed business decisions. One area that often causes confusion is the treatment of shipping costs in relation...
by Willie Tan | Jan 13, 2025 | Bookkeeping, News
Incentive payments play a crucial role in motivating employees, driving performance, and achieving business goals. For small business owners in Singapore, understanding how to properly account for these payments is essential to ensure compliance with local regulations...
by Willie Tan | Aug 5, 2024 | Bookkeeping
Under Singapore Financial Reporting Standards (SFRS), specifically SFRS 15 “Revenue from Contracts with Customers,” non-refundable upfront fees are generally not recognised as revenue when received. Instead, these fees are considered part of the total...
