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!
What is ApprovalMax ApprovalMax is an accounts payable (AP) automation software designed to streamline the approval processes for financial documents, such as invoices and purchase orders. It is particularly useful for businesses looking to enhance their financial controls and reduce manual errors in their accounting workflows. Key Features of ApprovalMax […]
Introduction – A Simple Guide to Writing a Will for Singaporeans Planning your estate in Singapore can seem complicated, but it’s an important step to take, no matter the size of your estate. By creating a will, you ensure that your assets go to the right people when you're no […]
What does generative AI mean to you? Is it just a fun tool that creates text, images, and videos? Or is it a powerful sales technology with many practical uses? If you think it's just the first option, you're missing out. While there’s a lot of buzz about generative AI, […]
In today’s fast-paced business world, managing expenses efficiently is crucial for maintaining healthy financial operations. Aspire provides a comprehensive solution that simplifies expense management, making it the perfect choice for modern businesses looking to streamline their financial processes. Whether you’re a small startup or a growing enterprise, Aspire helps you […]
What is the PSG Grant? The PSG Grant is a government initiative by Enterprise SG to help Singapore SMEs adopt new technologies. Its goal is to improve business operations and boost efficiency. Clooud Consulting is a pre-approved vendor for the PSG Grant, offering Xero setup , data migration and Xero […]
Efficient processes are essential for the growth and success of commerce businesses. One important step is registering for the Goods and Services Tax (GST), a key part of Singapore’s business environment. GST registration services provide valuable support, helping businesses stay competitive and grow. This blog explores the benefits of GST […]
In Singapore, non-profit organizations can operate as Companies Limited by Guarantee (CLGs), charitable trusts, or societies. Setting up a CLG offers several benefits, such as limited liability for members, no need for share capital, and eligibility for tax exemptions. This article explains the main features of a CLG and the […]
As businesses in Singapore grow, handling payroll in-house can become complicated and take up a lot of time. Payroll isn't just about paying employees; it also involves accurately calculating salaries, deductions, taxes, and contributions to the Central Provident Fund Board (CPF). For business owners, deciding to outsource payroll is an […]
Bookkeeping for Building and Construction Companies Bookkeeping is important for all businesses, but building and construction companies face specific challenges. They handle different revenue streams, complex project budgets, and changing costs, which makes accurate bookkeeping vital for their financial health and success. This article explores the basics of bookkeeping for […]
InvoiceNow is a national e-invoicing system that helps businesses of all sizes process invoices more efficiently, lowering costs and speeding up payments. It uses the Peppol framework, which allows e-invoices to be sent in a standard digital format between different finance systems. InvoiceNow was launched by the Infocomm Media Development […]