Stay compliant, understand your numbers and make better business decisions
Accurate accounting isn't just about bookkeeping. It helps you stay compliant with IRAS requirements, understand your business performance and avoid costly mistakes.
Managing accounting internally can be costly and time-consuming, especially for SMEs. Hiring a full-time accountant means fixed salaries, training and ongoing overhead, even when your needs may vary.
Inaccurate records or missed filings can lead to compliance issues and poor business decisions.
At Stead, we provide outsourced accounting support tailored to SMEs. You get access to experienced professionals, accurate financial reporting and practical insights without the cost of a full-time hire.
Why proper accounting matters
Poor bookkeeping can lead to:
- Incorrect GST filings
- Tax overpayments
- Missed deductions
- Cash flow surprises
- Difficulty obtaining financing
Stead helps SMEs keep accurate records and stay in control of their finances.
Get Accounting AdviceAccounting problems usually appear later
Many SMEs only discover accounting issues when:
- Tax season arrives
- GST returns are due
- Cash flow becomes tight
- Banks request financial statements
- Business performance starts declining
Good accounting prevents these problems before they happen
What's included
Bookkeeping and transactions
Monthly recording, reconciliation and tidy ledgers
Financial statements
Compiled to Singapore Financial Reporting Standards
GST registration and filing
Quarterly GST returns submitted accurately and on time
IRAS compliance
Reporting aligned with Singapore tax and statutory rules
Management accounts
Insights to help you make smarter business decisions
Cloud accounting setup
Xero, QuickBooks and other tools set up and supported
Monthly Financial Visibility
Know where your business stands at any time
Tax-Ready Accounting
Records prepared properly for tax submissions
Audit Support, if applicable
Support for auditors and compliance requirements
Pay only for the support you need
Every business is different. Your accounting fees depend on transaction volume, reporting frequency, GST requirements and business complexity.
No fixed packages. No unnecessary services
Simple, transparent pricing
Pay only for what you use. No hidden fees, no fixed packages.
Accounting Services
Ongoing bookkeeping and management reporting with flexible service frequency.
What's Included
- Transaction recording and categorisation
- Bank and balance reconciliation
- Monthly profit and loss statement
- Balance sheet preparation
- Management reporting for decision-making
Pricing Based on:
Yearly Financial Report & Tax Submission
Comprehensive year-end financial reporting and taxation services.
Note: For high-volume businesses (350+ transactions/year), we'll provide a personalised quote.
XBRL Requirements:
No XBRL Required: If your company is solvent, has no corporate shareholders and has 20 or fewer shareholders.
Pricing Based on:
We'll recommend the right level of support based on your business, so you only pay for what you actually need.
Accounting and tax work best together
Accounting records form the foundation of accurate tax submissions.
Many SMEs choose to bundle:
- Accounting
- Tax Filing
- Corporate Secretarial Support
For a smoother compliance process.
DIY vs Outsourced Accounting
| DIY | Stead | |
|---|---|---|
| Bookkeeping | You manage | We manage |
| GST Filing | You prepare | We prepare |
| Compliance Monitoring | Self-managed | Guided |
| Financial Reports | Manual | Structured |
| Time Required | High | Low |
Accounting Services FAQs
Do I need an accountant for my SME?▾
Not legally, but accurate accounting helps businesses stay compliant, monitor performance and make informed decisions.
How often should bookkeeping be updated?▾
Most SMEs update monthly or quarterly depending on transaction volume and reporting needs.
What accounting software do you support?▾
We support major cloud accounting platforms including Xero and QuickBooks.
Can you help with GST filing?▾
Yes. We prepare and submit GST returns while ensuring records are properly maintained.
Can accounting and tax services be bundled?▾
Yes. Many clients combine accounting and tax services for a more streamlined compliance process.