Counto

JANUARY 7, 2025

2025 Regulatory Changes: What SMEs in Singapore Need to Know As we approach 2025, small businesses in Singapore are facing a dynamic regulatory landscape that will impact various aspects of their operations, including accounting services. Key Regulatory Changes for 2025 1. Higher accountability for financial reporting.

Corporation Tax 52

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Outsourced Bookeeping

OCTOBER 28, 2024

Staying relevant and making smarter financial decisions requires more than resilience; it requires smarter financial strategies. This article discusses how outsourced bookkeeping can be a game changer for your business despite 2025 small business financial trends. Eventually, these contribute to landfill waste.

Outsourced Bookkeeping 52

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Outsourced Bookeeping

FEBRUARY 14, 2025

Bookkeeping is important in every business to ensure that financial records remain accurate, transparent, and compliant. Some new trends and technologies are set to change and improve the industry as 2025 progresses. By using AI, business owners can maintain accurate financial records while still focusing on strategic growth.

Bookkeeping Services 52

Bookkeeping Services Bookkeeping Outsourced Bookkeeping Payroll 52

Nanonets

MARCH 4, 2025

When accuracy is non-negotiable whether in financial records, legal contracts, or regulatory compliance, OCR remains the most dependable solution. To assess the state of OCR in 2025, we benchmarked nine of the most popular OCR APIs, covering  commercial solutions, open-source OCR engines, and document processing frameworks.  Our

Computation 52

Computation Financial Statements Financial Records Accounting 52

Invoicera

MAY 20, 2024

billion by 2025.” Accounting firms play a significant role in the financial market as they provide service for various entities, as well as guidance for various individuals. These firms provide overall financial services for the better financial health of their clients.

Accounting 52

Accounting Accounting Auditing Tax 52

Counto

MARCH 30, 2025

Singapore Extends GST Charging Grace Period to 60 Days: What SMEs Must Know About Registration in 2025 For many small businesses in Singapore, keeping up with statutory obligations is just part of running a business and one of the most significant is GST registration. Missing this deadline can result in penalties and backdated tax.

Financial Records 52

Financial Records Invoicing Tax Accounting 52

Counto

MARCH 30, 2025

Here are practical, sustainable strategies designed for SMEs operating in Singapore in 2025. Automate Time-Consuming Back Office Tasks A significant chunk of manpower hours is often spent on routine, non-revenue generating tasks think payroll, invoicing, reconciliation, or statutory filings. Paperwork eating your time?

Payroll 52

Payroll Financial Reporting Bookkeeping Bookkeeping Services 52

Counto

JANUARY 13, 2025

To fully benefit from these incentives and ensure your financial records remain accurate, it is crucial to record charity donations in your bookkeeping system properly. For non-cash donations, such as goods or services, record the fair market value of the donated items. For cash donations, simply note the donation amount.

Bookkeeping 52

Bookkeeping Financial Statements Tax Record Keeping 52