Bookkeeping Services- What to expect_

Bookkeeping Services- What to expect?

Singapore registered companies are required to keep proper books of accounts. This bookkeeping process not just helps in facilitating the day-to-day account maintenance but also helps in financial statement drafting. It is because of it that a business gets a complete insight into sound decision-making and efficient financial management.

There are many accounting service providers in Singapore. One can always choose Bestar for their bookkeeping services, but before we move ahead, it is important to know what bookkeeping is.

Bookkeeping refers to the process conducted daily for recording all financial transactions and details. It also includes posting debits and credits, generation of the invoice, completing the payroll, and balancing the current account and general ledgers.

5 Accounting Practices for Financial Statement Preparation in Singapore

5 Accounting Techniques for Accurate Financial Statements in Singapore

Accounting Practices in Singapore When it comes to preparing financial statements for an organization,extra care must be taken to maintain information accuracy and minimise the risk of errors in accounting practices. If you own a business in Singapore, it’s mandatory to prepare the financial statements adhering to the regulatory framework of Singapore Financial Reporting Standards…