Excellence SG delivers expert outsourced accounting services designed to simplify your financial management. With cloud-based solutions, IRAS/ACRA-compliant processes, and scalable support, we help you stay focused on growth while we handle the numbers. Whether you’re aiming to streamline operations or enhance financial accuracy, our team is here to support your success.
Why Our Outsourced Accounting Service?
Choosing to outsource accounting services is a forward-thinking strategy that enables businesses to operate efficiently, stay compliant, and scale more quickly in Singapore’s dynamic business landscape.
Access to Specialised ExpertiseWork with seasoned professionals, minus the expense and hassle of hiring internally. |
Streamlined ComplianceSingapore’s payroll landscape is governed by evolving legislation. Businesses must stay current with CPF contributions, IRAS submissions, and statutory leave entitlements. Without up-to-date knowledge, non-compliance may result in financial penalties and reputational risk. |
Improved Accuracy and EfficiencyEnjoy consistent, reliable reporting with automated tools and human oversight working hand-in-hand. |
Benefits of Financial Accounting Outsourcing Services
Outsourcing your accounting to us comes with real business advantages, including:
Cost SavingsReduce overhead by paying only for the services you need. |
IRAS/ACRA ComplianceEnsure accuracy with every statutory filing. |
Professional AccuracyOur certified accountants can deliver precise financial data. |
Real-Time Financial TrackingAccess your numbers anytime with cloud-based accounting support. |
Data SecurityWe use enterprise-grade encryption to keep your data safe. |
Scalable ServicesEnjoy flexible accounting packages for SME businesses and large firms alike. |
Expert Advisory AccessGet strategic insights from seasoned financial advisors. |
Our Comprehensive Accounting Services
This is what you can expect from our corporate accounting services:
Cloud Bookkeeping & Monthly Close
- Set up or migrate to Xero or QuickBooks Online
- Automated entries with human oversight
- Real-time dashboards (profitability, AR ageing, burn rate)
Unaudited Financial Statements & Compilation
- Prepare SFRS-compliant financial statements
- Collaborate directly with auditors if required
XBRL Filing Services
- Prepare and validate full or simplified XBRL sets
- Direct ACRA submission with minimal rejections
Group Accounting & Consolidation
- Multi-entity consolidation with currency and balance eliminations
Accounting System Setup & Staff Training
- Software selection, setup, and onboarding
- Automate invoicing, expense claims, and bank reconciliation
Business Process Support
- Accounting payable and account receivable management, invoicing, and transaction processing
- Cash-flow planning and cost control
How Our Outsourced Accounting Services Work
At Excellence Singapore Group, we’ve streamlined our accounting process to make it effortless, transparent, and tailored to your business.
Step 1: Initial Consultation & Needs AnalysisWe begin with a comprehensive review of your business, including an in-depth understanding of your industry, current accounting setup, key pain points, and growth plans. This allows us to design a service scope that aligns with your unique operational and compliance needs, whether you’re a start-up or an established enterprise. |
Step 2: Chart of Accounts & Software SetupNext, we set up or restructure your chart of accounts for clarity and accuracy. We also implement or migrate your business to cloud-based accounting platforms, ensuring seamless automation, real-time access, and hassle-free collaboration with our team. |
Step 3: Monthly Bookkeeping & RecordingEach month, we handle all your day-to-day transaction processing, including income, expenses, payroll, and invoicing. Our team ensures every entry is correctly categorised and consistently updated so you can make informed decisions backed by accurate data. |
Step 4: Reconciliation & Financial ReportingWe perform regular reconciliations of your bank, accounts receivable, and payable records to maintain accuracy. You’ll receive monthly financial reports, including profit and loss statements, balance sheets, and cash flow dashboards, which can be accessed anytime via the cloud-based accounting platform. |
Step 5: Tax Preparation & IRAS ComplianceOur experienced team prepares and files all your statutory tax obligations, including GST, Estimated Chargeable Income (ECI), and corporate tax returns. With an in-depth understanding of ACRA and IRAS requirements, we ensure complete compliance and timely submissions to avoid penalties. |
Step 6: Ongoing Advisory & SupportBeyond the numbers, we provide continuous support to help your business grow. This includes regular financial reviews, forecasting, budgeting assistance, and strategic advisory services, all tailored to help you make data-driven business decisions with confidence. |
Who We Serve with Our Accounting Outsourcing Solutions
Our outsourced accounting services cater to businesses of all sizes, ranging from emerging start-ups to established multinational corporations. With adaptable solutions and deep industry expertise, we help companies across various sectors manage their finances efficiently, stay compliant, and make informed decisions with confidence.
Start-ups and Small Businesses
For new ventures and lean teams, getting the numbers right from the start is crucial. As such, we offer tailored support to help small businesses build a strong financial foundation and stay investor- and compliance-ready. Services include:
- Accurate expense tracking for grant audits and budgeting
- Payroll processing to ensure timely staff compensation and CPF compliance
- Bookkeeping and GST filing to keep you ACRA- and IRAS-ready
Scaling Enterprises and Mid-Sized Companies
As your business scales, so do your financial requirements. We support mid-sized firms with advanced reporting and operational insights that grow with you. Our services include:
- Multi-currency and multi-entity reporting
- Departmental profit-and-loss statements and cost-centre tracking
- Enhanced management reporting for investor readiness
- Timely support for budgeting, forecasting, and internal controls
Our modular solutions adapt to your evolving operations, ensuring you remain compliant and audit-ready.
Larger MNCs and Listed Companies
For large enterprises, compliance, complexity, and control are key. We act as a full-outsourced finance team for MNCs, regional HQs, and listed companies that require precision, speed, and regulatory confidence. Our services include:
- Daily transaction processing and reconciliation
- Handling of complex XBRL filings for ACRA
- Consolidation of group accounts with intercompany eliminations
- Liaison with external auditors and tax agents
Our structured workflows and robust systems help you reduce risk, streamline reporting, and maintain strategic financial oversight at scale.
Our Pricing
We offer affordable accounting services with modular pricing based on your company’s size and needs. Whether you’re looking for basic bookkeeping or full-scope finance management, our accounting packages ensure maximum value and scalability for SME businesses and large MNCs.
Need more than accounting? We also provide outsource payroll services and company incorporation services in Singapore, making us a one-stop solution for your corporate service needs.
Feel free to contact us for a detailed quote.
Get Help with Business Accounting
Discover how our financial accounting outsourcing services can drive greater efficiency, accuracy, and compliance for your business. Speak with our consultants to find the right solution tailored to your needs.
Frequently Asked Questions About Outsourcing Accounting Services
Absolutely. Our services are fully customisable to meet the needs of small businesses and start-ups.
Yes. We strictly follow Singapore’s accounting standards and statutory regulations.
Our professionals can manage the complete spectrum of tax obligations, including GST registration, preparation, and filing, as well as Estimated Chargeable Income (ECI) and corporate tax returns. We ensure accuracy and timeliness in every submission so you stay compliant with IRAS regulations.
Our services are modular and flexible. You can choose to outsource specific functions, such as monthly bookkeeping, payroll, tax compliance, or financial reporting, depending on your current business needs.
As your operations grow, you can easily scale up to a more comprehensive package.
Yes. We utilise cloud-based platforms, like Xero, QuickBooks Online, and QuickBooks Desktop, for seamless access and collaboration. We can also perform accounting services within your existing software, subject to additional charges.
We offer flexible engagement models with no long-term commitment required. Whether you need short-term project support or ongoing monthly services, we’ll tailor an arrangement that fits your business goals and budget.
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