Xero PSG Grant
PSG Grant Available -
Xero Cloud Accounting Software
Want to get your company onboard a cloud accounting software? Look no further and get started to obtain a quote from us and we’ll take it from there. You could take a lot of time to do it, or let us handle it, pain-free. After putting things in order, we provide you free consultancy to continue to use the system, tailored to your company.
We are certified Xero advisor certified and Silver Champion Partner of Xero.
We are an appointee of the Pre-Approved Solution Provider under the SMEs Go Digital Programme to implement Xero as a cloud accounting software for your company, enabling you to benefit from the Productivity Solutions Grant (PSG) which supports companies keen on adopting IT solutions and equipment to enhance business processes.
Get up to 50% PSG funding PLUS a once-off SFEC $10,000 credit to cover up to 90% of out-of-pocket expenses.
*Updated 10 Mar 2023 to incorporate the changes to the PSG Grant support from 1 Apr 2023 onwards.
Make use of your PSG grant to adopt an IT solution and/or equipment to enhance your business processes.
Speak to us for more information on grants and subsidies for SMEs in Singapore.
Are you a charity, social organisation, or a Social Service Agency (SSA)?
We offer solutions that can be covered by the grants
(Community Capability Trust (CCT) or Charities Capability Fund (CCF)
via the Green Lane Solutions.
Xero features
Pay bills +
Track and pay bills on time. And get a clear overview of accounts payable and cash flow.Claim expenses +
Simplify employee expense claims. Capture costs, submit, approve and reimburse claims, and view spending.Bank connections +
Connect your bank to Xero and set up bank feeds. Transactions flow securely straight into Xero each business day.Accept payments +
Accept payments online and get paid up to twice as fast by connecting to Stripe and other payment solutions.Track projects +
Quote, invoice and get paid for jobs, plus keep track of time, costs and project profitability within Xero.Pay runs +
Keep basic pay records online and do pay runs for a few employees using Xero, or else integrate a payroll app with Xero.Bank reconciliation +
Keep your financials in Xero up to date. Categorise your bank transactions each day using our suggested matches.Manage contacts +
Use Xero for contact management. See details of a customer’s or supplier’s sales, invoices and payments in one place.Capture data +
Get copies of original documents and key data into Xero automatically without manual data entry using Hubdoc.Files +
Use Xero as your online filing system. Manage and share documents, contracts, bills and receipts safely from anywhere.Reporting +
Track your finances with accurate accounting reports. And collaborate with your advisor online in real time.Inventory +
Keep track of what’s in stock with inventory software. Populate invoices and orders with items you buy and sell.GST returns +
Easily manage GST F5 returns and IAFs using IRAS-compliant software so it’s easy to stay on top of your tax obligations.Send invoices +
Work smarter with intuitive invoicing software. Send invoices from your phone or desktop as soon as the job is done.Multi-currency accounting +
Pay and get paid in over 160 currencies, with up-to-date exchange rates and instant currency conversions.Purchase orders +
Create and send purchase orders online with purchase order software. Keep track of orders and deliveries at every step.Quotes +
Create professional online quotes using Xero software or the app. Send quotes instantly from your phone or desktop.Analytics Plus +
See future cash flow, check financial health and track metrics. For extra features, upgrade to Analytics Plus.Xero is a Peppol-Ready Accounting/ERP Solution Provider!
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We are experts in App integration with Xero
We are experts in using app integration to help you in your organisational process workflow. Connect your shopfront (e-commerce, patient management, invoicing), HR system, Claims system, Banking platforms with your accounting system to eliminate duplication of data input and spend time on things that matter.
Xero Cloud Accounting Packages
Xero Subscription-only
$740
Perfect for Sole proprietors, Freelancers & Professional Services
$61.75 per month (U.P. $65)
1 year Xero Premium Plan
Billed Annually
5% discount also applicable if Starter / Standard Plans are chosen
Xero Corporate Starter
$800
Perfect for Startup or
Small Enterprises
Setup chart of accounts
Configuration of user access level
Consultation & Integration of one connected app in Xero ecosystem
2 to 5 days of self-learning training
Training materials
Excludes Xero Subscription
Xero All-in
$3,880
Perfect for Small-Medium Enterprises,
Social Organisations, moving to cloud accounting requiring setup
Xero Subscription-only AND Xero Corporate Starter, PLUS:
Customisation of invoices and quotations
Migration of Historical data (1 year comparison and opening balances)
Creation of standard workflow to aid the ongoing process (Recommendation of best practices)
Up to 4 hours of personalised training on video call for up to 3 users (customised to your needs)
6 months of user query and support
Need More?
Accounting Services $150/m
Corporate Income Tax $400/y
GST Preparation $100/m
Payroll $25/pax
Corporate Secretarial $600/y
Unaudited Financial Statements $600/y
Financial Reporting $100/m
Vendor Payment $60/m
FAQS
Why do businesses need accounting? Is accounting important? +
Accounting is a way to track your income and expenses, and also your company’s assets and liabilities – what people owe to you and what you owe to people, whether it is cash or services. A historical data of this, if done well, helps you to see the profitability of a particular project, department, product or your entire company. It is good data for future budgeting and cash management. Most importantly, you have an obligation to report your accounts to the these reports will enable the to calculate how much tax you owe and your exemptions.What are the accounting standards in Singapore? +
In Singapore, accounting standards are known as Singapore Financial Reporting Standard (SFRS) and are based on the International Financial Reporting Standard (IFRS). All Singapore listed companies must comply with the SFRS. For small entities, the SFRS for Small Entities, which is based on the IFRS for SMEs can be used. For charities, the Charities Accounting Standard can be used.Is it necessary to prepare financial statements? +
Yes, unless you are a private exempt company that is solvent. Even so, it is good practice to have financial statements. All Singapore incorporated companies are required to file financial statements (FS) with ACRA in XBRL format or PDF copy of FS authorised by directors, or both, except for Singapore exempt private companies that are solvent. If you own a sole proprietorship, partnership, limited liability partnership, or limited partnership, you are not required to file FS with ACRA.For more information click here.