Accounting Software Companies

Cloud accounting software is a cost and time-effective solution that will help your company and pay off in a long term. It allows automating organizations’ financial functions and transactions. Such software has a wide range of different modules including accounts payable & receivable, general ledger, billing, payroll, and others.

Cloud accounting software will help track the financial flow in a business and calculate taxes, payroll, and settlements with counterparties and other financial transactions.

Incorporate Business Online has prepared a list of accounting software companies in Singapore.

Reckon One makes accounting simple. Monitor your day-to-day income, GST, expenses and cash flow with real-time reporting and a customisable dashboard. Perfect for self-employed & small businesses.
Keep track of all your small business receipts by creating records of business bills and employee expenses on Clear Books Mobile.
If you want to get something back when buying stock, materials, or when just paying any other bills and expenses, we can help. We’ve teamed up with leading Business Current Account provider Cashplus, to give our clients 1% cashback on their card purchases* By forming a company through us you will gain access to this special Business Account offer. Simply select Cashplus during the company formation process. What’s more, applying just takes a few minutes.
On-site accounting service with Biztory is we provide and help your business with an accounting review. We help to finalise financial reports when it’s closing to make sure all the keys in the entry are correct without mistake for tax submission purposes. Below are the two main services included : ✓ Provide financial report ✓ Provide company accounting check
To rank the best accounting software for small businesses, we evaluated features, ease of use, customer service, reputation, pricing, and quality.
qonto-logo
Mark Robins reviewed Qonto
I've been using the service for the last 2 yrs, and it's been pretty smooth. Just be patient with all the questions along the way, and these specialis...
AccountingDepartment.com
Rob Outterside reviewed AccountingDepartment.com
One of the best accounting companies I have ever worked with. Very responsive, always answer any questions and the most knowledgeable specialists abou...
pilot-logo
Robert Young reviewed Pilot
They provide you with wonderful step by step assistance and support, and that's not something you experience with many companies. I've used their serv...
tmf-group-logo
Tim Wong reviewed TMF Group
Helpful and knowledgeable. Everyone there, without exception, has been extremely polite and professional, and I'm glad I discovered these specialists ...
Acutus
Samuel E. Shore reviewed Acutus
Grateful for all the work Acutus went to - to get our IRAS debt significantly reduced, and I really appreciate that. Working with them has saved a lot...
ze-global
Thomas Robins reviewed ZE Global Accounting and Audit
Working with ZE Global accounting and audit was incredible, specialists there are actually professional and knowledgeable, and it didn't take them lon...
KBA Accounting and Bookkeeping Services
Great customer experience. Working with KBA accounting and bookkeeping services was definitely worth every dollar, and I wouldn't turn to any other co...
Aldrich
Timothy Bartlett reviewed Aldrich
Thank you Aldrich for helping me resolve my issues with IRS in nearly no time. I'd highly recommend working with these specialists for everyone with a...
nexia-ts
Katie Jackson reviewed Nexia TS
I was pretty fortunate to find these specialists, and I can say that they managed to solve all my issues with the IRAS in almost no time, I was genuin...
Bench logo
Billy Jackson reviewed Bench
I'm not the one to write reviews often, but I can tell you that working with these professionals was an incredible experience, and I highly recommend ...

Accounting platforms & solutions in Singapore

Today, good accounting software is the foundation of all businesses. Accounting has always been the key to the rational distribution of funds and resources during work, but earlier everyone made mistakes, people are not perfect. Special software allows you to completely eliminate the errors of an accountant from the workflow, and these are more accurate reports, more correct management decisions. Today there are top applications for accounting, without which it is difficult to imagine office work. Users are presented with free and paid options, all of them have their own set of functions and tools, so you should be responsible in choosing what you have to work with all the time, what you can manage your entire business with.

Although there is a very wide range of accounting-oriented computer programs and applications, the main accounting software in Singapore is:

  • Sage 
  • Xero
  • Quickbooks
  • A3
  • ANFIX
  • Oracle EBS 

While there is more accounting software out there, these are some of the best known. We should note that depending on the needs of the company, you can choose accounting software for small business in Singapore among dozens of programs of this type available on the market.

Accounting software allows the companies to control the business processes and you can : 

  • Maintain and keep records of the company; 
  • Manage efficiency; 
  • Manage payroll; 
  • Manage and control expenses.

Moreover, the best accounting software for small businesses in Singapore allows you to:

  • Speed up the preparation of financial statements; 
  • Salaries will be calculated correctly and in time;
  • Fully support the financial transactions; 
  • Maintain bank accounts.

Incorporate Business Online has prepared the best accounting software for small businesses in Singapore. In our list of accounting software you can find any solutions that will fulfill your needs.

FAQ

What is accounting software?

Accounting software is software that is designed for accounting and tax accounting. It is aimed at fulfilling the requirements for the calculation and payment of taxes and monitoring the financial activities of the company.

In simple words, these are automated services that help you keep records, aggregate financial data, and store it for subsequent reports.

What are the types of accounting software?

According to the scale and complexity of accounting, accounting software can be divided into several types: 

  • For personal use; 
  • For small and medium-sized enterprises;
  • Systems for large organizations.

Also, there are other classifications of accounting software. Firstly, the accounting software based on the types of operations business handles:

  • Billing and invoicing software;
  • Payroll management systems;
  • ERP systems.

Moreover, accounting software can be classified by following criteria:

  • Free accounting software;
  • Small business accounting software;
  • Enterprise accounting software;
  • Online accounting software. 

What are the benefits of a comprehensive accounting system?

Let’s list what an entrepreneur wins using a comprehensive accounting system.

 

  • Saves money. Compared to the salary of full-time specialists, the cost of cloud service is lower. 
  • Works anywhere. You can work with the service anywhere and at any time if you have a computer and the internet.
  • Always up-to-date information. The services provide only up-to-date documentation, if there are any changes in the legislation or new rules come into force, the platform specialists automatically make all the changes. You do not need to send requests to the tax office and wait for new forms for paperwork.
  • Reminders. Notifications promptly inform users about the need to fill out declarations and send reports.
  • Can be used via phone. Many online accounting programs have a mobile version.
  • All data is stored in a personal account. If the computer or phone breaks down, all the data is safe in your personal account.
  • No need for special knowledge. The user needs a minimum of special knowledge to start working with the program. Many services provide detailed text and video instructions for filling out documents.
  • Quick registration. You can become a client of the service in a couple of minutes: register, pay for a tariff plan and sign an agreement – if any.

Free trial and demos. Many online accounting programs have free trial versions that help users try out the functionality and test the user-friendliness of the interface.

What are the main features of accounting software?

The main features of accounting software are:

 

  • Core accounting;
  • Creating invoices and billing;
  • Reporting canvas;
  • Payroll management;
  • Inventory management;
  • Asset management;
  • Tax management;
  • Preparing budgets and predicting outcomes;
  • Interoperability.

What to look for when buying accounting software?

There are many criteria to look for when choosing accounting software, but the main ones are:

 

  • Program functionality and features;
  • The convenience of working with the program;
  • Free trial or demo version to try;
  • Regularity, frequency, and scope of program updates;
  • The cost of the program, its updates, and maintenance;
  • The cost of purchasing a software product;
  • The cost of the annual update of the program;
  • Program support cost;
  • The cost of training to work with the program;
  • Time of existence of the program on the market.

What is the best accounting software for small businesses?

There are many accounting tools for small businesses and choosing the right one is quite hard. We suggest you check out these accounting solutions:

 

  • Osome
  • Wave
  • Kashoo
  • Akaunting
  • Tipalti
  • ZipBooks
  • Holded
  • Sage
  • QuickBooks
  • Blackbaud Financial Edge