What accounting and bookkeeping services does VJM Global offer for Singapore businesses?
VJM Global offers a comprehensive suite of online accounting and bookkeeping services for Singapore businesses, including core accounting and bookkeeping with daily or weekly book updates, accounts payable management with invoice processing and procure-to-pay workflows, accounts receivable management for healthy cash flow, cloud-based accounting via platforms like Xero and QuickBooks Online, automated payroll processing with CPF compliance, and year-end financial reports prepared for corporate tax returns and audit readiness. All services are delivered by a team of 100+ Chartered Accountants and CPAs with 30+ years of experience.
How much do bookkeeping services cost in Singapore?
Bookkeeping fees in Singapore vary based on transaction volume, complexity, and service scope. At VJM Global, small businesses may invest between SGD 300–800 monthly for basic bookkeeping, while growing enterprises with higher volumes can expect SGD 1,000–2,500 monthly for comprehensive services including accounts payable/receivable, reconciliations, and reporting. Customized quotes are provided after understanding your specific requirements, with no hidden fees.
What accounting software does VJM Global use for Singapore businesses?
VJM Global leverages cloud-based accounting platforms compatible with Singapore's regulatory requirements, including Xero, QuickBooks Online, and MYOB. The team sets up remote servers to host your chosen software in a secure SaaS environment, ensuring 24/7 accessibility from any location with no maintenance required on your side. Software selection is tailored to your industry, transaction volume, and integration needs with existing systems.
Can VJM Global handle GST filing and compliance for my Singapore business?
Yes. VJM Global provides comprehensive GST services including registration, quarterly filing, and ongoing compliance management. The team accurately calculates input and output tax, prepares and electronically submits GST returns (GST F5) to IRAS before deadlines, and assists with GST audits and advisory on complex transactions. For businesses new to GST, consultation on registration requirements and accounting system setup is also available.
Are VJM Global's accounting services compliant with ACRA and IRAS requirements?
Yes. VJM Global's team of Chartered Accountants maintains current expertise in all Singapore regulatory frameworks, including ACRA filing requirements, IRAS tax submissions, and GST compliance. Financial records are kept in accordance with Singapore Financial Reporting Standards (SFRS) and are audit-ready at all times. The team proactively monitors regulatory changes to ensure full, ongoing compliance for your business.
Does VJM Global offer payroll processing services for Singapore employees?
Yes. VJM Global's automated payroll processing covers all aspects of employee compensation, including salary calculations, CPF contributions, tax withholdings, and statutory benefits. The service includes electronic CPF submissions, IR8A form preparation for year-end tax filing, and maintenance of comprehensive payroll records. The team stays current with MOM regulations, CPF rate changes, and employment law updates to ensure full compliance.
How quickly are financial records updated and reports delivered?
VJM Global offers daily or weekly updates to accounting books depending on your business requirements. For high-volume businesses, real-time processing with same-day reconciliation is available. Monthly financial statements are typically delivered within 5–7 business days after month-end, and year-end financial reports are completed within 15–20 business days after receiving final documents. Rush services are also available for urgent compliance deadlines or investor presentations.
How does VJM Global protect the security and confidentiality of my financial data?
VJM Global implements enterprise-grade security protocols including encrypted data transmission, secure cloud storage with redundant backups, and restricted access controls. All team members sign comprehensive non-disclosure agreements and the systems comply with ISO 27001 principles. Multi-factor authentication, regular security audits, and monitoring systems are in place. Financial data is stored on Singapore-based servers with strict access logs, ensuring compliance with the Personal Data Protection Act (PDPA).