Bookkeeping

All companies registered in Singapore must keep proper books of accounts as stipulated by the Singapore Companies Act. Good bookkeeping not only facilitates day-to-day accounts maintenance and drafting of financial statements for the submission of annual returns, but it also provides insight for sound business decision-making as well as efficient financial management.

Rikvin provides full spectrum of accounting services for companies that wish to outsource their bookkeeping function.

How it works

When you engage Rikvin’s Bookkeeping Service, you will be assigned an accounts manager who will work with you personally on your business accounting needs.

Based on the financial documents (sales orders, purchase orders, expense notes, bank statements, etc) you submit to us on a regular periodical basis, your personal accounts manager will review and organize the information submitted to create and maintain your accounts ledger. The accounts manager can also help you draft financial statements in accordance with the Financial Reporting Standards (FSR) for statutory submissions.

Our Bookkeeping Service includes but not limited to the following accounting functions:

• General Ledger Maintenance
• Accounts Payable Ledger Maintenance
• Accounts Receivable Maintenance
• Bank Reconciliation
• Fixed Assets Ledger Maintenance
• Cash Flow / Budgeting
• Financial Statements & Reports Monthly, Quarterly, Year-End Review
• Books Cleanup
• Management Reporting
• Financial Analysis

Your dedicated accounts manager will also help monitor statutory compliance issues, and work with you to ensure you understand all the accounts reports.

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