Managing financial records takes time, and small errors can cause problems later. TNPL provides outsourced bookkeeping services in Singapore to help startups, SMEs and growing companies keep their accounts accurate and organised.
Instead of hiring an in-house bookkeeper, businesses can outsource routine accounting tasks to an experienced team. Our bookkeeping services cover transaction recording, bank reconciliation, expense tracking and other essential tasks.
As your accounting bookkeeping service provider, TNPL helps maintain reliable records with Singapore’s regulatory requirements in mind. This gives you more time to focus on running and growing your business.
Package (A) FS & Tax: $650 per year
Package (B) FS, Tax + AGM: $790
Package (C) FS, Tax, AGM plus full sets accounts:
- 1 to 144 transactions per year = $450 (with full tax and secretary support, total fee per year will be $1000)
- 145 to 300 transactions per year = $600 (with full tax and secretary support, total fee per year will be $1150)
- 300 to 450 transactions per year = $900 (with full tax and secretary support, total fee per year will be $1450)
Our Outsourced Bookkeeping Services Include
Our bookkeeping services in Singapore that businesses use cover the key tasks needed to keep accounts organised and ready for reporting. TNPL provides complete accounting and bookkeeping services in Singapore that can support your business throughout the financial year.
Recording Daily Transactions
We record sales, purchases, payments, receipts and other daily transactions in the correct accounts. This gives you an accurate and up-to-date record of your business activity.
Bank Reconciliation
We match your accounting records with bank statements to check that transactions are recorded correctly. Regular reconciliation also helps identify missing entries, duplicates and other differences.
Accounts Payable Management
We organise supplier invoices and keep track of payments your business needs to make. This helps you manage outgoing payments and maintain clear supplier records.
Accounts Receivable Tracking
We track customer invoices and outstanding payments, so you know what is still due. Clear receivable records can also help you manage cash flow and follow up on unpaid invoices.
Expense Management
We record and organise business expenses under the correct categories. As a result, you get a clearer view of spending and have reliable records for accounting purposes.
Monthly Bookkeeping
Our monthly bookkeeping service keeps your financial records current throughout the year. Regular updates also reduce the amount of work required at reporting and year-end periods.
Financial Reporting
We prepare financial reports based on your updated bookkeeping records. These reports give you useful information about business performance, income, expenses and your overall financial position.
GST Support
TNPL helps maintain the records needed to support GST reporting and related accounting work. Proper bookkeeping makes it easier to prepare accurate information for GST filing.
Tax Preparation Support
We keep your financial information organised so the required records are available when preparing tax matters. This reduces the need to sort through months of transactions at tax time.
Year-End Accounts Preparation
We organise and review your bookkeeping records to support year-end account preparation. Having complete records helps make the year-end process smoother and reduces last-minute accounting work.
How Our Outsourced Bookkeeping Process Works
Our outsourced bookkeeping process keeps your financial records accurate without adding extra work to your day. We follow six simple steps, from understanding your needs to providing ongoing accounting support.
Step 1: Business Consultation
We discuss your business, transaction volume, current accounting process and reporting needs. This helps us understand what level of bookkeeping support suits your company.
Step 2: Collect Financial Documents
You provide the required documents, such as bank statements, invoices, receipts and payment records. We organise these documents so they are ready for accurate bookkeeping.
Step 3: Record and Organise Transactions
Our team records sales, purchases, expenses, receipts and payments under the correct accounts. Regular updates keep your financial records clear and prevent work from building up.
Step 4: Reconcile Accounts
We compare your bookkeeping records with bank statements to check that the figures match. This process helps identify missing transactions, duplicate entries and other differences.
Step 5: Prepare Financial Reports
We prepare financial reports using your updated and reconciled records. These reports give you a clear view of income, expenses, cash flow and business performance.
Step 6: Provide Ongoing Accounting Support
TNPL continues to support your bookkeeping and accounting needs throughout the year. As your business grows, we can adjust the level of support to match your changing requirements.
Why Choose TNPL as Your Bookkeeping Company in Singapore?
Choosing the right bookkeeping company helps you keep your finances organised and compliant. TNPL combines years of accounting experience with knowledge of Singapore business requirements and SME needs.
Experienced Accounting Professionals
TNPL has supported Singapore businesses since 2004, giving our team years of accounting experience. We understand the bookkeeping needs of SMEs and growing companies across different stages.
Singapore Compliance Expertise
Our team works with ACRA requirements, IRAS regulations and Singapore Financial Reporting Standards in mind. We help maintain accurate records that support your reporting, tax and compliance needs.
Flexible Bookkeeping Solutions
Every business has different accounting needs, so our services can match your size and transaction volume. We support small businesses, startups and growing companies without the need for a full-time bookkeeper.
Accurate Financial Records
We keep your transactions, expenses, invoices and other financial records organised and up to date. Accurate bookkeeping gives you a clearer view of your finances and makes reporting easier.
Dedicated Account Manager
You get a dedicated account manager as your main point of contact. They understand your bookkeeping needs, answer your questions and keep communication simple throughout the service.
Wider Accounting Support
Your bookkeeping may connect with GST, tax and year-end accounting work. TNPL offers wider accounting support, helping you manage related financial tasks through one experienced team.
QuickBooks Bookkeeping Services Singapore
TNPL uses QuickBooks to provide efficient and reliable outsourced bookkeeping services. The platform helps us manage your accounts and keep financial information easy to track.
- QuickBooks Setup: Set up your accounts to suit your business needs.
- Data Migration: Move existing accounting data into QuickBooks smoothly.
- Account Cleanup: Find and correct errors, duplicates and missing entries.
- Transaction Recording: Record income, expenses, purchases and payments accurately.
- Monthly Bookkeeping: Keep your accounts updated and organised each month.
- Financial Reporting: Prepare useful reports to understand your business finances.
With TNPL managing your QuickBooks bookkeeping, you get accurate records and professional accounting support in one place.
Outsourced Bookkeeping vs Hiring an In-House Bookkeeper
| Outsourced Bookkeeping | In-House Bookkeeper |
| Lower cost based on service needs | Higher salary and employment costs |
| No internal training required | Recruitment and training may be needed |
| Access to professional accounting expertise | Expertise may depend on one employee |
| Flexible support as the business grows | Fixed employee cost and capacity |
Bookkeeping Services for Singapore Businesses
Every business has different accounting needs. TNPL provides flexible bookkeeping services in Singapore that businesses can use based on their size, industry and transaction volume.
Startups
We help startups organise income, expenses and financial records from the beginning. This gives founders more time to focus on growing their business.
SMEs
Growing SMEs often face more invoices, payments and transactions. Outsourced bookkeeping keeps accounts current without the need for a full-time bookkeeper.
Trading Companies
We help trading companies track purchases, sales, supplier invoices and customer payments. This keeps financial records clear and organised.
E-commerce Businesses
Online businesses often manage transactions across several sales and payment platforms. We help record these transactions and maintain accurate accounts.
Consultants & Professional Service Firms
We help consultants and service firms manage client invoices, payments and business expenses. Regular bookkeeping makes financial records easier to review and manage.
F&B Businesses
F&B businesses handle frequent sales, supplier payments and operating costs. Our bookkeeping support helps keep these daily transactions organised and up to date.
Frequently Asked Questions
Outsourced bookkeeping services involve hiring an external provider to manage your financial records. They help businesses handle routine accounting tasks, maintain accurate books and access professional support without employing a full-time in-house bookkeeper.
Outsourcing bookkeeping in Singapore saves time, reduces staffing costs and provides access to accounting expertise. It also helps startups and SMEs maintain organised financial records while keeping local accounting and compliance requirements in mind.
TNPL’s bookkeeping and accounting fees start from S$450 per year for 1–144 transactions. Costs vary based on transaction volume and the level of accounting, tax and corporate support your business requires.
Yes, TNPL provides QuickBooks bookkeeping as part of its outsourced bookkeeping services. Support can include QuickBooks setup, data migration, account cleanup, transaction recording, monthly bookkeeping and financial reporting based on your business requirements.
Yes, TNPL can provide accounting and bookkeeping services together. This allows businesses to manage bookkeeping, financial reporting, GST, tax preparation and year-end accounting through one team, creating a simpler and more consistent accounting process.
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