Who's the Boss Now? Take Back Control from Your Accounting Staff
July 1, 2024
Is Your Accounting Staff Running the Show?
Late accounting closes, delayed GST filings, fines from ACRA and IRAS—does this chaos sound familiar? Are you, the boss, feeling pushed around by your accounting staff? It's time to reclaim control of your business! Let's find out more on who's the boss now? Take back control from your accounting staff.
Here are 5 steps to take back control from your accounting staff:
Get A Good Accounting Software - Xero Transform your business from a mess into a well-oiled machine with Xero. Plus, with the PSG Grant, you can get Xero at a reduced cost.
Generate GST Reports Automatically Avoid fines and collect claims earlier with automated GST reporting.
Real-Time Cash Flow Reports Know exactly how much cash you have at any moment.
Close Your Accounts Monthly Simplify your process with fast and easy monthly account closures.
Generate Financial Reports Yourself Understand your company's profitability and liquidity with data analytics.
Take Control with Xero
You might think accounting software is complicated and boring. However, technology has advanced significantly. Xero is developed specifically for SMEs, designed to be user-friendly even for those without accounting training. With automated GST reporting, bank reconciliations, and accounting close, Xero makes managing your finances a breeze.
Xero is recognized by IRAS and ACRA and had 3 million subscribers worldwide in 2022. With my proven training program, many non-accounting trained bosses have successfully learned to use Xero to close their accounts.
Benefits of Xero PSG
The PSG grant includes Xero as an approved solution, reducing your setup costs, first-year software costs, and training expenses.
Ready to Take Back Control?
Say no to late account closures and fines from IRAS and ACRA. Contact us for a free 45-minute consultation and coaching session.
Why Choose Clooud Consulting LLP?
Expertise: Our team has extensive experience in accounting and corporate governance.
Compliance: We ensure your business stays compliant with regulations.
Training: We provide hands-on training for non-accounting trained bosses.
Support: Ongoing support to keep your financial management seamless and efficient.
Dr. Luk is our dedicated consultant for your company. With over 20 years of experience in business coaching, he hold a doctorate in corporate governance and am a chartered accountant. Throughout his career, he have assisted more than 1,000 business owners, SMEs, and MNCs in increasing revenue and reducing costs. Let's collaborate to achieve your business objectives. Let's hear it from Dr. Luk on more information.
Who's the Boss Now? Take back control from your accounting staff. Let us help you streamline your financial processes so you can focus on growing your business. Contact us today to learn more!
Singapore is well-known as a top business destination, thanks to its strong economy and attractive tax benefits. Because of this, many business owners and investors see it as a great place to set up a business. If you’re thinking about starting a physical or online business in Singapore, you’ll need […]
All companies registered in Singapore must appoint a company secretary who is a resident of Singapore. If the company has only one director, that person cannot also be the company secretary. However, if there are multiple directors, one of them can serve as the company secretary. Although the Singapore Companies […]
Non-profit charities are organizations that exist to help the public. They are created solely for charitable purposes and usually get their funding from donations, either from individuals or businesses. The money they receive is used for activities that help those in need, as well as for their everyday operations. Because […]
What is InvoiceNow? InvoiceNow lets you send invoices directly from one financial system to another in a structured digital format through the Nationwide E-delivery network, based on Peppol. This enables automation, making invoicing smoother and speeding up payments. Both small businesses and large companies can benefit from faster invoice processing […]
The difference between bookkeeping and accounting is similar to the difference between a nurse and a doctor. Both bookkeepers and accountants work towards the same goals, and while their tasks can overlap, they have different responsibilities. To someone unfamiliar with the field, bookkeeping and accounting might seem like the same […]
Singapore is well-known as a top center for economic activities and a key gateway for businesses looking to expand into other ASEAN cities. Its stable politics, flexible immigration rules, and advanced technology are some of the benefits of starting a business there. According to the World Bank’s Ease of Doing […]
Let’s explore how accountants can leverage AI to provide better services and value to their clients by using sing AI with Xero to improve your accounting practice. What is Artificial Intelligence (AI) in Accounting? Artificial intelligence (AI) is a set of technologies that mimic human thinking to perform tasks. It includes: Machine learning:Software […]
Before starting a company in Singapore, business owners need to meet the minimum requirements for incorporation. The process is online and applies to both local and foreign entrepreneurs. The first step is choosing a suitable business structure. A private limited company (Pte Ltd) offers more benefits than a sole proprietorship. […]
Get up to 50% funding support with the Productivity Solutions Grant (PSG) when you use Xero through an approved PSG vendor. What is the Productivity Solutions Grant? The Productivity Solutions Grant (PSG) is a joint initiative by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore. It helps companies adopt […]
In Singapore, small and medium businesses play a crucial role in the economy and contribute to its diverse business environment. Understanding this importance, it's essential for these businesses to consider professional accounting services. This article explores why professional accounting services are crucial for small businesses in Singapore. It covers the […]