HOW RAY'S WORKS
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Understanding your business
After grasping your business basics, we'll connect you with a dedicated bookkeeper from Ray's. They will familiarise themselves with your business and guide you through the Ray's process in your bookkeeping journey.
We handle your bookkeeping
Monthly organisation of business transactions and preparation of financial statements by your bookkeeper. They will reach out to you for any necessary information or requirements.
Real-time financial insights at your fingertips
Instant overview of cash flow, both inflow and outflow, available at any time - even prior to book closure. Access your accounting and bookkeeping reports in an instant.
UNLIMITED EXPERT SUPPORT
Regular check-ins
Regular bookkeeping updates through frequent communication. Urgent questions? Expect a response within one business day or sooner.
Easy to schedule review calls
Book a call directly with your bookkeeper. Whether it's for a year-end review or a monthly check-in, we're always ready to discuss your business.
Year-round support
Complex questions? Our in-house research team is available year-round to provide expert small business advice, with no additional charges.
WHAT YOU GET IN RAY'S ACCOUNTING AND BOOKKEEING REPORT
Balance Sheet
Profit and Loss Statement
Cash Flow Statement
Trade Receivables
Property, Plant and Equipment
Inventory
Borrowing
Leases
* Customised according to your company.
Clear and transparent pricing for comprehensive bookkeeping solution
Join the growing community of small business owners who trust Ray's with their bookkeeping needs
Above 180 monthly transactions?
We have an excellent offer tailored for your business. Have a chat with us to learn more.
Add Ons Services
Annual tax return
Assistance with tax preparation, filing and advisory.
$250 - Form C/S
$500 - Form C
GST Tax Filing
Assistance with GST computation and filing
$250 per quarter
LETS CONNECT
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5. How to oursource accounting and bookkeeping services in Singapore?Ray's can provide you and your company with efficient and transparent accounting services. With outsourced accounting solutions like Ray's, you can focus on your business matters as our professional accounting team will help you with mandatory requirements during the financial year like income statements, investments, financial statements and more. Our accounting firm partners with fully automated and paperless financial systems and accounting software – Xero. Xero offers digital solutions for all your expenses, money transactions, invoices and accounting records. You can call our accountant if you have any questions or run into any issues with our accounting software. Our team of professionals and accountants who have years of training and experience with analysis and generating reports for accounting services in Singapore will answer the queries from our clients. To begin, call or leave us your email via our form, and one of our accounting team members will get in touch with you for a free consultation and cost estimate. Our accounting firm offers the most reasonable price for our accounting service. We’re only one call away!
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6. I would like to engage Ray's outsourced accounting and bookkeeping services but my accounts are messy, what can I expect?If your accounts are messy, during onboarding, our team will address it by doing an initial accounting review, using Xero Accounting Software, in order to help you identify any issues and to propose the best corrective measures. We will develop a good basis to ensure that our clients who join Ray's are in accordance with the Accounting Standards of Singapore. After that, we will grant you access to our digital accounting solutions. Leave us your email through the form above or phone us to speak to an accountant or sales for a free consultation on the price of our package or fee for our accounting services today.
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4. What’s included in the accounting and bookkeeping services?Accounting and bookkeeping services in Singapore refer to the process of summarizing, analyzing cash flow and interpreting numbers, and financial transactions that are classified in the ledger account. Other services for your company per month include the process of identifying, measuring, and recording financial transactions daily and in a consistent manner. If you’re a company business owner, knowing how to address the difference between accounting services in Singapore, compared to the rest of the world, can definitely help you understand the key roles the two processes and reports have in growing your company. Save on your time and money, and focus on your business by outsourcing your company’s accounting services and accounting requirements to us, a team of accountants with professional training. Our accounting services follow financial reporting standards and our accountant takes care of all the expenses and financial records for our clients. We are not another traditional accounting firm that charges clients everything with an additional fee, the price and fee for every single one of our accounting service package per month is transparent to all our clients and you can view them all from our website. Our clients can freely select the package that best suits your business. We use accounting softwares to manage your expenses, invoices and accounting records efficiently. Please call our team or submitting the form now to find out more about our accounting services! Our staff and accountant will talk to you soon.
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11. What software will you use to do my bookkeeping?We will use Xero Accounting Software. We have found Xero to be very suitable for small businesses. It is able to provide the management reports that one business needs. It is also user friendly and accessible anytime and anywhere.
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2. How do I know which pricing plan suits my business?We will assess the pricing plan that you need based on the number of your transactions. Get in touch with us now to get a quotation.
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12. Do we have to pay separately for the Accounting Software?No. This is already part of all the pricing plan subscriptions.
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7. Why my business needs a bookkeeper?Bookkeepers give you the necessary reports to let you know where your money is coming and going. Bookkeeping is needed in a business to record your day-to-day transactions to keep your books updated. Having all these will help you make financial decisions for your company.
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8. Why is it not good to do the bookkeeping myself?Doing it yourself will not save you time and money. Bookkeepers are well-trained and experienced professionals that will prepare accurate and timely reports that will save you time especially during tax deadlines, therefore decreasing the risk of wrong filing and incurring fines. Hiring the service of a bookkeeper will let you manage your business with peace of mind, while also having time to do what is more important to you.
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1. How much do I need to pay for your accounting and bookkeeping services?Compared to many traditional accounting and bookkeeping services in Singapore, the prices we offer for our professional accounting and bookkeeping services are transparent and without any hidden costs. The price of our bookkeeping packages for companies start from as low as S$59 per month. At Ray's, our staff and accountants are professionally trained to assist entrepreneurs and business owners globally in the most cost-saving and efficient way possible. Accounting and Bookkeeping can be time consuming and tedious. Hence, let us manage your finances while you could spend the valuable time on your business. We have the price of various accounting and bookkeeping packages that may best suit your company’s needs, and our team offers digital accounting solutions. Feel free to fill up the form to speak to one of our team members today for more information and the cost on matters such as: opening a bank account, invoices, management reports, managing balance sheet services, financial year end, and Singapore accounting services.
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9. What do bookkeepers and accountants do?Bookkeeping: Recording and filing Its main objective is to consistently keep record of financial transactions in a proper and organized way as the bookkeeper identifies, measures, and records the business transactions daily. Accounting: Analysing and reporting Its main objective is determining the business' financial situation and further communicating the same information to relevant management authorities, the middle-level management task of accounting refers to the process of summarizing, analysing and interpreting, and reporting financial transactions that were classified in the ledger account.
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3. What do I get on the free accounting and bookkeeping?We will do accounting and bookkeeping of your one month's worth of transactions for free. You will also get the management reports such as Profit & Loss, and Balance Sheet that you can keep.
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10. Does Ray's help freelancers?Yes! Let's discuss what you need.