PSG Xero Accounting Grant Singapore

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70% XERO PSG Grant

Xero Cloud Accounting Software Singapore

Clooud Consulting is a pre-approved IMDA vendor for Xero cloud accounting software solutions and widely used by SMEs in Singapore.

Clooud Consulting is a Xero partner and certified reseller of Xero software

Our Pre-approved Packages

Aspire Starter Plan A

$216

After 70% PSG / Exclude GST

Usual Price : $720

1 Year Xero Subscription (Premium Package)

Quotes + Invoices + AR

Purchase Order +
Bills + AP

Bank Reconciliation +
Bank Feeds

Expenses Claims

Fixed Assets Register

Budget Manager

Multi-currency system

Reporting

Peppol E-invoicing

Aspire Basic Plan B

$546

After 70% PSG/ Exclude GST

Usual Price : $1,820

Everything in Plan A + Basic Professional Services:

Balance Conversion

Opening Balances Conversion

Account Receivables balances

Account Payable balances

Fixed assets balances

Xero Setup

Chart of Account setup

Contact master files

Product & Services master files

Invoice Setup

Payment Setup

Bank Auto-feed Setup

Tax Setup

User Setup

Multi-currency Setup

Aspire Advance Plan C

$744

After 70% PSG/ Exclude GST

Usual Price : $2,480

Everything in Plan B + Advance Professional Training:

Sale module

Accounts Receivable module

Purchase module

Accounts Payable module

Organisation and Financial setting

Fixed Asset module

Bank reconciliation module

Reporting module

1 day (8 hours) training for 2 persons

Aspire Super Plan D

$903

After 70% PSG/ Exclude GST

Usual Price : $3,010

Everything in Plan C + Super Professional Services

1 Customised form, such as tailored made Delivery Note

Aspire Wonderful Plan E

$1,315

After 70% PSG/ Exclude GST

Usual Price : $4,385

Everything in Plan D + Wonderful Professional Services:

1 extra Customised Form, such as tailored made Packing Slip

2 Tracking Categories setup, such as tracking categories by sales region and retail shops

GST reporting setup

Get Quote

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Apply PSG Now

Scope of Services

Application Process

	Propose	Application	Acceptance	Claim
SMEs	2.In Principle Agreement	4.Application submission (BGP - Business Grants Portal) (4 to 6 weeks processing)	5.ESG Letter-of-offer (LOA) 6.Acceptance	8.Payment to Clooud Consulting 10. Use Xero for 1 month period 11.Claim submission 12. Approval & Payout claim (4 to 6 weeks processing)
Clooud Consulting	1.Propose Solution 3.Official Quotation		7.Issue Invoice	9.Setup, Implementation & Training

*Scroll right to see more >>

*Download the PSG Application step-by-step guide

Application Process

	SMEs	Clooud Consulting
Propose	2.In Principle Agreement	1.Propose Solution 3.Official Quotation
Application	4.Application submission (BGP - Business Grants Portal) (4 to 6 weeks processing)
Acceptance	5.ESG Letter-of-offer (LOA) 6.Acceptance	7.Issue Invoice
Claim	8.Payment to Clooud Consulting 10. Use Xero for 1 month period 11.Claim submission 12. Approval & Payout claim (4 to 6 weeks processing)	9.Setup, Implementation & Training

Client Testimonials

We got in touch with Clooud Consulting urgently and they took the time to discuss over the weekend on issues of moving over from an old system to Xero cloud accounting software. Very fast response and they completed the setup in about a month’s time.
Jason Tay
Alliance Coffee Pte Ltd
We are satisfied with Clooud Consulting team to help us in Xero setup, auto bank feeds setup with our local bank, train us in using Xero. Their team, who are all Xero Advisor Certified, also help us in the GST setup. Now we could manage our quarterly GST reporting and IRAS submission with confidence.

Besides, Clooud Consulting team is really experienced, caring and patient to ensure a smooth communication and system implementation. Thanks to Clooud Consulting!
Jimmy Goh
Managing Director
Thirty Market Place Pte Ltd
Clooud Consulting team have supported us to understand the Xero system and setting up for start-up business like us. Thank you for all the guidance and support.
Nicholas Choy
Rolling Pineapples Pte Ltd
We are happy that Clooud Consultant team’s have setup our Xero system well to support our financial operation for our Honey retail business.
Jason Koh
Go Pure Pte Ltd
Thank you Clooud Consulting team, for an in-depth discussion to setup the Xero system for our various projects and explain about the compliance requirements and the use of various functions of Xero software to support the operations of our Foundation.
Adrian Soco
Founder
Share Your Spare Singapore Foundation Ltd
I would like to thank Dr Alan Luk and his team from Clooud Consulting in setting up of the Xero software, customising the training and practice sessions. I have also learned the basic concept of accounting, tried out to do the bank reconciliation and closed the monthly accounts.

They have gone beyond my expectation and provided value added service by arranging UOB bank to setup a corporate account to link to Xero for bank auto feed.

I am confident and satisfied with Clooud Consulting services. I will not hesitate to refer Clooud Consulting to my associates and partners. Thank you.
Bentley Woon
The Chiro Lab

Benefits of Using Xero

Xero support SMEs to automate their accounting processes and increase efficiency and accuracy.
Auto-generate quotation, invoice, receipts, delivery note and other customised forms 

Unlimited users 

Log into the system from any devices, anytime, anywhere with wifi access 

Generate instant financial reports 

Get paid faster 

Monitor cash flow 

System link to Singapore local banks : DBS, OCBC, UOB, HSBC and other financial platforms : Aspire, Volopay, Wise and World First 

Unique dashboard display and provide overall snapshots of expenses, bank balance, creditors and debtors. 

Always improving and many new updates and features 

Link to over 1,000+ App partners

FAQs of Xero PSG Grants

Productivity Solutions Grant (PSG)

Is an initiative by Infocomm Media Development Authority (IMDA) and Enterprise Singapore (ESG). The grants provide SMEs to adopt digitization with approved IT solutions and equipment’s to increase efficiencies and productivity.

How to apply for Productivity Solutions Grant (PSG)

Checkout, Go Business Singapore. For the relevant supported solutions for your industry / business.
Request for the quotation from the approved vendors. If you wish to adopt an accounting software, Clooud Consulting is the few pre-approved vendor for Xero PSG 70% government grant support.
Submit your application from Business Grants Portal with your CorpPass Account.

Are you eligible for Productivity Solutions Grants (PSG)

Registered with a ACRA Uen and operating in Singapore
With 30% local shareholdings of Singaporean or PR 
Subscription of IT solutions and equipment’s must be use in their Singapore business 
 Company annual sales turnover ≤ S$100 Million or ≤ 200 employees 

What is the period for application approval and claims?

The application and claims normally will be process between 4 to 6 weeks period.

How will you be notified of the approval (Letter-of-Offer, LOA) and the claims disbursements?

You can login to your Business Grant Portal (BGP) to check the status and an email will be send to you on the various notifications.

Latest update from Xero

File a GST F5 return direct to IRAS

Overview

Directly file your GST F5 return with the Inland Revenue Authority of Singapore (IRAS) from Xero.
You'll need to pay any GST owing to IRAS separately.

How it works

Xero sends the amounts on the GST F5 return to IRAS. The transactions that make up the amounts aren't sent.
You need the adviser or standard and view reports user role to file a GST F5 return from Xero.
If you owe GST to IRAS, you’ll need to pay this outside of Xero.
If you’re owed a GST refund, you'll receive this outside Xero.

PSG Xero Grant

Xero Cloud Accounting Software with 70% PSG Grant’s