Solutions / Bookkeeping
E-invoice set up & integration handled by our Bookkeeping service for SGD300/mo
Simple way to E-invoice compliance:
- Integrate accounting with IRAS's E-invoice
- E-invoice compliant transaction & document workflow
- Save time & avoid costly errors getting E-invoice ready
*Includes a seamless transition process to minimise disruption to your business.
Assured Continuity & Quality
Keep your accounts impeccable, no matter the turnover in your accounting department.
Focus More on Core Business Operations
Free up valuable time to concentrate on growth and development.
Maintain Full Control
Stay in charge of your financial decisions with powerful insights and collaborative cloud accounting software.
Client Testimonial
Lachér Patisserie Is Happy With Our Bookkeeping Service
“…it is much more easier now, more smooth and less human error.”
– Yins Tey, Co-Founder of Lachér Patisserie
We Update the Books for You
Track Multiple Divisions & Product Lines
Cloud Accounting Software Included
Subscription for Xero Standard and QuickBooks Online Essentials is included in our pricing.
Pick your preferred Cloud Accounting Software (CAS) at no extra cost.
E-Commerce & Retail POS Integration
Link Your Sales Platform
Hassle-free integration with Shopify, WooCommerce, Lazada, Shopee, TikTok Shop and more.
E-invoice Ready Accounting Software
We support leading cloud softwares including Xero, and QuickBooks.
Connect With Diverse Payment Gateways
Connect to payment gateways like Stripe to record your transactions promptly and accurately.
You're in Good Hands With Our Certified Professionals
Altomate Bookkeeping Team are licensed members of
Get the Suite of Financial Documents
At the end of each accounting period you will receive:
- Full set of management accounts
- Transaction ledger
- Supporting schedule
Get Custom Reports & Phone Reviews
Set up, track and generate custom reports such as divisional or product profitability.
Get Tailored Bookkeeping Solutions For Your Unique Business Needs
Here’s what to expect:
1. Discovery Call: Understanding Your Needs
Our accounts specialist will reach out to understand your specific business requirements.
2. Tailored Service Proposal
Receive a service proposal designed specifically for your business challenges.
3. Refined By Your Input
We will work with you to refine the details of the proposal, ensuring it perfectly aligns with your expectations.
4. Smooth Onboarding
Experience a clear handover process and software integration setup.
5. Peace of Mind Bookkeeping
Enjoy consistent, on-time closing every accounting period accompanied by accurate financial insights.
Get 10% Off Payroll & Tax Compliance Services with Our Bookkeeping Service
Get any Altomate service and save 10% on additional Altomate services.
Our Partners
Why Businesses Love Altomate:
The Incredible Altomate Team
We continue to pursue service excellence through accreditation and collaboration.
We are recognised by
Don't just take our word for it!
Flexible Plans for Any Business Size
| Yearly Turnover/Expenditure | Monthly | Bi-Monthly | Quarterly | Half yearly | Yearly |
|---|---|---|---|---|---|
| Bookkeeping [Cloud Accounting Software Included] | |||||
| Dormant | - | - | - | - | SGD 300 |
| Below SGD 150,000 | SGD 150/mth | SGD 255/bi-mo | SGD 383/qrt | SGD 765/hy | SGD 1,530/yr |
| SGD 150,000 - 500,000 | SGD 300/mth | SGD 510/bi-mo | SGD 765/qrt | SGD 1,530/hy | SGD 3,060/yr |
| SGD 500,000 - 1,000,000 | SGD 500/mth | SGD 850/bi-mo | SGD 1,275/qrt | SGD 2,550/hy | SGD 5,100/yr |
| >SGD 1,000,000 | Customized Quote | ||||
- Dormant refers to company which only has statutory expenses transactions
- Exclude GST filing/submission, payment processing, advisory fee and etc
- Bookkeeping services includes:
- Liaising with client’s designated personnel for bookkeeping information
- Reconciliation of bank receipts and company’s sales
- Bookkeeping entries and transaction recording
- Preparation of full set management accounts- balance sheet, profit and loss, trial balance, bank reconciliation, general ledger and debtor and creditor aging
- Additional bookkeeping fee may apply – construction contract, inventories, biological assets, acquisition/disposal of business, complex financial instruments, other complexities and applying SFRS / SFRS-SE
- All fees are exclusive of applicable taxes and disbursement
Compilation of Unaudited Financial Statements
| Yearly Turnover/Expenditure | Fee |
|---|---|
| Dormant | SGD 300 |
| Below SGD 150,000 | SGD 500 |
| SGD 150,000 - 500,000 | SGD 800 |
| SGD 500,000 - 1,000,000 | SGD 800 |
| >SGD 1,000,000 | Customized Quote |
Notes:
- It is only applicable if the Company meets and intends to apply for audit exemption as permitted by ACRA
- The fee include the compilation and preparation of unaudited financial statements in accordance with Singapore Financial Reporting Standards (SFRS) for lodgement with ACRA required under Companies Act 1967
- Additional fee may apply – construction contract, inventories, biological assets, acquisition/disposal of business, consolidation, complex financial instruments, group reporting, other complexities and applying SFRS / SFRS-SE
- All fees are exclusive of applicable taxes and and disbursement
XBRL Preparation Fee Schedule
| Type | Classification | Fee charges (SGD) | Estimated preparation time from date of receiving FS |
|---|---|---|---|
| Dormant (Non-EPC) | Audited/Unaudited FS | From SGD 400 | Within 3 working days |
| Single entities | Audited/Unaudited FS | From SGD 400 | Within 4 working days |
| Consolidated entities | Audited/Unaudited FS | From SGD 800 | Within 5 working days |
Notes:
- Kindly note that the fee stated above is excluding GST
- Additional services (e.g. amendments or resubmissions) will be quoted separately where applicable.
Find Out if Altomate Bookkeeping Is Right for You
Fill out the contact form to schedule a free 15-minute consultation call.
Frequently Asked Questions
Our comprehensive bookkeeping includes meticulous entry and ongoing updates of all transactions, operations, and events crucial to your business.
This spans purchases, sales, receipts, payments, and bank reconciliation by an individual person or an organisation or corporation.
Yes, you will. We use cloud accounting software that gives you:
- Full Access: You retain complete access to your accounts and documents at all times.
- Remote Control: Manage your accounts from anywhere, at any time, as long as you’re connected to the internet.
- Secure Collaboration: You and authorized team members can collaborate seamlessly on your financial data.
Rest assured, our service is designed to enhance your control, not diminish it.
Altomate proudly serves a diverse range of small to medium-sized businesses across various sectors including e-commerce, automotive, retail and more.
The bookkeeping cost depends on your business’s specific needs, including transaction volume, account complexity, and closing frequency.
To get a quote for your business, kindly contact us to schedule a free compatibility check.
Yes, we specialise in managing complex business structures.
Utilising tools like Xero/QuickBooks, we set up tracking categories to monitor transactions and generate customised reports with tracking analytics (such as divisional profit or loss, product profit or loss report) easily.
Outsourcing to Altomate guarantees not only an up-to-date, accurate set of accounts but also frees your schedule to concentrate on core business activities.
With Altomate, you will receive uninterrupted, high-quality bookkeeping service. Safeguarding your financial management against any internal changes.
Altomate also holds the contractual obligation to ensure continuity and quality of services regardless of any changes in our manpower.
Consider outsourcing your accounting with Altomate when:
- Hiring an in-house accountant is not feasible due to the size of your business.
- Managing accounting in-house is not within your interest or capability.
- You wish to dedicate more time to other critical aspects of your business.
Outsourcing to Altomate allows you to focus on growth while we handle the complexities of your financial processes.
Absolutely not. Our role is to take the bookkeeping burden off your shoulders and empower you with detailed financial insights. All business decisions remain under your control.
There is no need to send us the hardcopy documents. We use cloud accounting software – Xero or Quickbook and collaborate with the clients digitally.
We will provide guidance in advance on how you can organise your data and information on a secured cloud folder – bank statements, invoices and bills, and many other items.
Our team will help to organise and categorise them for bookkeeping and proper record keeping.
Switching to Altomate’s bookkeeping services is a streamlined process designed to align with your business’s unique needs.
The exact process will vary for each business, but it typically includes the following stages:
1. Compatibility Check
2. Payment
3. Planning & Preparation
The Altomate team will:
- Understand your business transactions in detail.
- Review your accounting policies
- Map your chart of accounts
- Design transaction and document flow
- Set management report requirements
- Setup your cloud bookkeeping software (if you do not already use one)
- Integrate e-commerce platform and POS systems into bookkeeping software.
4. Collaboration Guidance
We will provide guidance on how to organise your data and information in a secured cloud folder.
5. Transition Complete
Throughout the entire process, our team actively monitors the progress and is on hand to assist you and address any issues that may arise.
Our monthly accounting process includes:
- Preparation: Gathering of source documents- bank statements, invoices and bills
- Processing: Account transaction processing and transaction queries
- Management Accounts Preparation: Includes a profit and loss statement, balance sheet, trial balance, general ledger and supporting schedule.
- Custom Reports*
- Management review and discussion*
*Only available for Value and Power Plan customers.
At the end of each accounting period, Altomate provides a comprehensive suite of financial documents. This includes:
- A full set of management accounts
- Detailed transaction ledgers
- Supporting schedule
If you are on the Value or Power Plan, you will get additional custom reports according to your requirements. You will also get an account review call to analyse the financial position and performance and answer your queries.
Yes, you can. We will provide up-to-date management accounts and our free corporate tax calculator to estimate the amount of tax payable.
If you have signed up for our Tax Compliance service, you will know the exact amount of tax payable when you receive your tax computation from our tax specialists at the closing of the financial year.
Offer: Get 10% off our Tax Compliance service when you sign up for our bookkeeping. Schedule a compatibility check now.
Effective accounting allows you to correctly measure and manage your finances. This is crucial for the success and sustainability of your business.
Without good accounting practices, your bottom line will suffer due to:
- Lost revenue
- Insufficient tax planning
- Missed business opportunities
Altomate’s bookkeeping services aim to prevent all the above with accurate profit and loss statements, monthly balance sheets, regular account reconciliations, custom reports, and account reviews.
