Accounting

Doing it right

At Raffles, we understand the financial accounting needs of our clients and the importance of maintaining accurate records. We are one of the fastest growing accounting and book-keeping firms in Singapore and incorporate the international accounting standards into our work. We work closely with Sole Proprietorships, Partnerships and Private Limited Companies offering accounting services, book-keeping services, tax accounting services and management accounting services to ensure that proper accounts are maintained and all legal requirements are met as our clients grow in size.

Our services include those for:

We will also be able to help you implement accounting software and train you or your staff on using the software. One particular software product that we have been using ourselves and we recommend to you is MYOB.

MYOB Premier (For Windows Singapore Release Version 13) is one of the software listed under iSPRINT (Packaged Solutions). SMEs can claim up to 70% of the qualifying costs, capped at $2,000/- for the purchase of the first packaged solution (listed) under each solution category. (This is subjected to fulfilling the SME eligibility criteria and the availability of funds).

Here is the standard accounting packaged solution we provide.

Details of Packaged Solution Cost
MYOB Premier (For Windows Singapore  Release Version 13) S$1,319/- (with 1 user license) including GST chargeable by the product developer company ORS$2,199/- (with 3-users license) including GST chargeable by the product developer company

 

Implementation (Modules: Sales, Purchases, Departments & Categories, Reports, and Preference & Security Settings)  S$1,200/-
Training S$1,000/-

 

TOTAL PACKAGED PRICE:  from  S$3,519/- to S$4,399/- (including GST chargeable by the product developer company)

 

You could also consider getting the following optional items to complement the standard packaged solution offering. IDA reserves the right to provide funding support for these items.

  • Additional user license (2-users pack) — S$800/- per pack
  • Consultancy services prior to software implementation and training – charged on hourly basis S$100/- per hour, capped at S$800/-
  • Consultancy services after software implementation and training – charged on hourly basis S$100/- per hour, capped at S$800/-
  • Training for new staff OR retraining for existing staff — S$1,000/-

 

For more information on iSPRINT packaged solutions, please log on to http://www.ida.gov.sg/Business-Sectors/Small-and-Medium-Enterprises/iSPRINT-Funding-For-Packaged Solutions

iSPRINT grant