Your Financial Admin, Sorted: All-in-One Accounting Services in Singapore
- a22162
- Sep 8
- 5 min read
Free yourself from financial admin and get back to growing your business. Bestar's dedicated team and easy-to-use accounting software make managing your money, preparing financial statements, and paying the right tax in Singapore completely effortless.
What You Get
Total visibility and control over your business finances.
Dedicated Singapore Accounting Team Your expert accountants are available via live chat and respond within one working day. Get direct support and tailored advice for your business.
Seamless Filing & IRAS Compliance Leave all the deadlines, tax calculations, and official filing with IRAS to us. We ensure your business pays the right corporate tax and remains fully compliant, so you don't have to worry.
Easy-to-Use Accounting Software Gain total control with our powerful tools. Our Xero platform provides automated invoicing, real-time expenses monitoring, and clear cash flow insights, all in one place.
Unlimited Bookkeeping Included Full-service bookkeeping is part of your package. We'll handle your financial records, transaction matching, tax preparation, and billing, freeing up your time to focus on what matters.
Who We Help
For Solo Founders & New Entrepreneurs You don't have to navigate Singapore’s business landscape alone. We provide a clear roadmap for your first year, guiding you on tax deadlines and compliance with IRAS so you can get up and running quickly and confidently.
For Growing Small Businesses We empower your growth with the expertise to calculate your Corporate Tax and file with IRAS accurately. Our integrated tools help you manage your money and scale your business with confidence.
For Ecommerce Businesses Forget generic accounting solutions. Our accountants specialize in e-commerce and our Xero software seamlessly integrates with marketplaces like Amazon, Shopee, and Lazada to simplify your online business accounting.
Why Choose Bestar?
Expert Accountants by Your Side Get an experienced accounting team for your business from day one. Our Singapore-based experts help founders navigate tax requirements and stay compliant from the start. Got a question? Get a response via live chat within one business day.
Pay the Right Tax, Every Time We help you stay on top of your finances and obligations. We keep track of crucial deadlines and send reminders for GST filing and other compliance needs. Our experts handle the entire tax returns and filing process, so you can focus on your business, not paperwork.
Get Clear on Cash Flow With our intuitive dashboard, your cash flow is always at your fingertips. We use these key metrics to create clear reports that show you exactly where your money is coming from and where it's being spent.
Our Simple Software
Easy-to-use tools to handle all your business operations.
1/4: Your Dedicated Accountant is Always There Talk to your accountant via live chat, ask questions, and get expert answers within one business day.
2/4: From Bookkeeping to Tax Filing We process your documents in 24 hours, giving you an up-to-date snapshot of your financials. When it's time to file, we prepare the reports; you just need to approve them.
3/4: Get Invoices Paid Quicker Easily issue professional invoices, send automated reminders to late payers, and get paid faster. Pre-filled invoice templates eliminate manual data entry.
4/4: Get Clear on Your Cash Flow See a combined view of all your connected business bank accounts to understand how your money is moving at a glance.
Bookkeeping? It’s Included. Learn more about our packages.
Pricing
Proposed Pricing Model: Tiered, Value-Based Packages
The proposed pricing model for "Your Financial Admin, Sorted" is a tiered, value-based approach. This strategy is common and highly effective in the Singaporean market, providing transparency, predictability, and scalability for clients. It moves beyond simple hourly billing or a per-transaction fee, which can create uncertainty for business owners. Instead, clients pay a fixed monthly or annual fee for a comprehensive bundle of services, with different tiers based on the company's size, complexity, and specific needs.
Key Pricing Factors
The price for each package is determined by a few key factors:
Business Size and Revenue/Expenses: This is a primary determinant of complexity. Larger businesses with higher revenue and more expenses naturally require more work.
Transaction Volume: The number of bank transactions, invoices, and bills directly impacts the time and effort required for bookkeeping.
Reporting Frequency: Monthly reporting and financial insights are more intensive than quarterly or annual filings.
Pricing Packages
All prices are in Singapore Dollars (SGD).
Services and Prices:
Bookkeeping: Data entry and bank reconciliation, with dedicated client support. S$5 per transaction
Financial Reporting: Annual unaudited financial statements (Profit & Loss, Balance Sheet).
Corporate Tax Filing: Preparation of Estimated Chargeable Income (ECI) and Form C-S/C.
Compliance: Annual Return (AR) preparation.
Technology: Use of a cloud-based accounting software like Xero or QuickBooks.
GST Filing: Quarterly GST computation and filing (for GST-registered companies).
Payroll: Monthly payroll processing, including CPF contributions and annual IR8A forms. S$20 − S$40 per employee per month.
Financial Reporting: Monthly, in-depth management reports and performance analysis to track performance
Advisory: Regular check-ins and basic financial advisory.
Accounts Payable/Receivable: Full management of payments and collections.
Advisory: Strategic financial advisory, budgeting, forecasting, and cash flow management.
Additional Services
GST Registration: One-time fee of S$300 − S$500.
XBRL Financial Statements: S$500 − S$1,200 per filing, depending on complexity.
Complex Tax Services: Quoted on a case-by-case basis (e.g., for Form C).
Backlog Accounting: Price quoted after assessment of work required.
Corporate Secretarial Services: Can be offered as a separate service, S$350 per year.
Switching to Bestar is Simple.
We will liaise directly with your previous accountant to get all the required information and migrate your accounting software data seamlessly. Your transition to Bestar is effortless.
Client Stories & Testimonials
Don't just take our word for it—see how Bestar helps businesses like yours succeed.
Trusted by Businesses Worldwide
Our clients' success is the ultimate proof of our service.
"Before Bestar, our team was spending hours each week manually reconciling transactions. Now, our bookkeeping is automated and our reports are always up-to-date. We've cut our admin time by 75%, which lets us focus on what we do best: serving our customers."
— Jane Doe, Founder of Innovate Solutions
"We were constantly worried about compliance and tax deadlines. Bestar's experts gave us the confidence we needed. They guided us through every step and made the entire process stress-free. It's a game-changer for any small business owner who wants to stop worrying about finances."
— John Smith, CEO of Global E-commerce
Frequently Asked Questions (FAQ)
How does accounting work? Accounting is the process of tracking your business's financial activities and assets. Every time your company spends, earns, or loses money, our bookkeepers record it. Our accountants then use these records to build the reports that are required by the government to calculate your taxes and determine any potential exemptions.
Why is accounting important? Accurate accounting is crucial for two key reasons:
Compliance: The government requires businesses to report their accounts to calculate the correct tax owed. Inaccurate reports can lead to costly fines.
Internal Management: Your financial reports are essential for strategic planning and making informed business decisions. Ensuring your accounting is accurate gives you a reliable foundation for growth.
What are the accounting standards in Singapore? Singapore uses its own system, the Singapore Financial Reporting Standards (SFRS). This is an accrual-based accounting system, which means transactions are recognized when they occur, not when the money is paid or received. All outsourced accounting services in Singapore, including Bestar, must comply with SFRS requirements.
Can I switch from another accounting firm to Bestar? Yes, absolutely. We make the transition seamless and effortless on your end. Here's how we ensure a smooth switch:
We contact your current accounting service provider directly to handle the handover.
We take over all your financial documents and audit them for compliance.
We migrate all your data and check all necessary reports.
We provide ongoing advice about relevant tax exemptions to help you navigate the system smartly.
Once your accounting is in our hands, you can focus on what you do best: running your business.
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