Our Services To Singapore

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Year End Accounts Finalization

We are providing accounting services to Singapore Public Practicing firms. Haricare is one of the best options to outsource accounting work..

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Tax Returns

We prepare tax return for individuals and business tax return.Normally accounts finalization and tax return will be done together..

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Book-Keeping & GST Return

A clean and systematically maintained book results in many things. Like it provides required financial information for managerial decision..

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Management Accounting

Along with book-keeping, we prepare management accounts and interim financial reports. We understand timely and accurate management accounts..

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Payroll

Employees of an organization take integral role for its success. It is a primary responsibility of the employer to keep proper records..

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Bills Receivables & Payables

Cash flow of a business is most important for its success. Bills receivables & payables are important part of the cash flow. So this should be managed properly..

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Business Plan

A business should start with a proper plan so that it would be possible to succeed. Business plan mainly helps entrepreneur for the followings..

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Services To Singapore In Detail

1) Year End Accounts Finalization

We are providing accounting services to Singapore Public Practicing firms. Haricare is one of the best options to outsource accounting work. We are giving high quality service at less cost in time.

In a stipulated time finalizing the accounts with required supporting documentsis most important. At Haricare we process the accounts and ensure that all required provisions are taken care while preparing year end account. While finalizing the accounts we scrutinize the client’s book and will pick all the issues and we will sort out the issues by raising proper queries. So here we make an effort to finalize the accounts with accuracy. Finally we will present the financial statement along with work papers and tax computation.

We are having qualified accountants (Chartered Accountants, Accounting graduates and post graduates) with Singapore accounting and taxation experience. Our staffs are well-versed with all the software viz., Xero, MYOB etc.,

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Our work process flow would be like below.

  • 1) Receive job through FTP /Get client server access 2) Estimate time to complete job and fix the target date

  • 3) Accountant will process the job 4) First review by senior Accountant

  • 5) Send the queries if any 6) Accountant will work on query reply

  • 7) Final review from senior accountant 8) Send the finalized job to client


2) Tax Return

We prepare tax return for individuals and business tax return.Normally accounts finalization and tax return will be done together.

Preparing tax return is not just entering the figures butit is about preparing most tax effective manner. At Haricare we do best tax planning such a way that client will end up with minimum tax burden. We will take care of all provisions, tax breaks and rebates so that tax payer will get maximum tax benefit. We prepare both personal tax return and business tax return (Form C, Form C-S)

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3) Book-Keeping & GST Return

A clean and systematically maintained book results in many things. Like it provides required financial information for managerial decision, it helps to manage your receivables and payables, it helps to meet statutory obligation in time. It shows where your business is going?

Haricare is specialized in book-keeping service. Our rich experience and timely service made many clients to relax from their headache on book-keeping. We will not just enter the transactions into book but we make proper reconciliation of bank, payables & receivables, wages and super etc.,

We will take care of all aspects like generating invoice and sending it to customers, continuous follow-up with customers for recovery of receivables, follow-up for payables in time, generating payslips and sending it to employees, preparing GST return and make it lodged through tax agent with in due date.

Our staffs are having good experience in software like Xero, MYOB Quick booketc.,

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4) Management Accounting

Along with book-keeping, we prepare management accounts and interim financial reports. We understand timely and accurate management accounts helps managers for decision making on financial & non-financial matters. Followings are some of the reports we prepare & submit periodically to the management:

  • 1) Profit & Loss Account & Balance Sheet
  • 2) Budget Report
  • 3) Accounts Receivable & Payable Aging Report
  • 4) Job Cost Report
  • 5) Inventory Report
  • 6) Cash Flow Statements
  • 7) Ratio Analysis Report
  • 8) Working Capital Projection Report
  • 9) Staff Performance Analysis Report
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5) Payroll

Employees of an organization take integral role for its success. It is a primary responsibility of the employer to keep proper records of the employees like their Tax Reference number, address, wages, CPF, leave pay, leave balance etc.,
Haricare will take care of all payroll process as below

  • 1) Payroll Setup
  • 2) Pay run and record transactions
  • 3) Print and send payslip to employees
  • 4) Maintaining leave balance
  • 6) Calculation of settlement amount on termination of employees
  • 7) Preparing ‘Form IR8A’.

We understand that once a payroll process is assigned to us, we will run the payroll as it is pre-stated pay cycle may be daily, weekly, fortnightly or monthly.

We are having very good experience in many payroll software like MYOB, Xero, ,Netsuite, etc

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6) Bills Receivables & Payables

Cash flow of a business is most important for its success. Bills receivables & payables are important part of the cash flow. So this should be managed properly to ensure smooth flow of business.

At Haricare we will provide service of bills receivables and payables.

Bills Receivables: We will deal with invoicing to customers, entering the receivables transaction, periodical follow-up for the recovery and closing the account on its receipts, preparing the reports periodically.

Bills Payable: We process bills payable transactions, closure of the account on its payments and periodical reporting.

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7) Business Plan

A business should start with a proper plan so that it would be possible to succeed. Business plan mainly helps entrepreneur for the followings

  • 1) Gives an idea about what to do? Where to do? When to do? How to do?
  • 2) Gives an idea about men, material & money required
  • 3) Helps to get the fund for business from outside source

There are lot of business plan but followings are most commonly required

Start-up Plan: This is a very simple plan and gives basic idea of the business. While starting a new business this plan would be used normally for small scale business. This plan includes nature of business, place, an estimated investment and man power required a brief analysis of market.

At Haricare we prepare Start-up plan beautifully at less cost. Person starting a new business can provide us a brief explanation of business which he/she is going to start. Further we will prepare the start-up plan as required.

Strategic Business Plan: This is more detailed plan normally used for middle or even large scale business. This includes nature of business, investment required, estimated financial analysis like cash flow statement, Profit and loss statement, man power and technology required, place and material required, operational system and hierarchy, market analysis like present scale, competition and future opportunities, SWOT analysis etc.,

At Haricare we prepare strategic business plan. While preparing we consider all major aspects and will use available source in the public.

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