Bookkeeping Services of Rikvin

Bookkeeping is defined as a process of keeping complete, accurate and up-to-date business records. It involves making a record of cash inflow and outflow and encompasses liabilities to vendors, salaries and wages for employees, and tax responsibilities.

Bookkeeping is necessary and beneficial for business operations. However, the task of bookkeeping can be very time consuming. It requires accuracy and cannot be maintained in a quick manner. As business owners and business executives are focused on major business operations, hiring bookkeepers to keep company records well maintained is most preferred now.

In Singapore, all companies must keep proper books of accounts as stated in Singapore Companies Act. With this, Rikvin, a corporate solutions expert, provides full spectrum of accounting services for companies that wish to outsource their bookkeeping function.

Rikvin’s bookkeeping service provides an accounts manager for each client, which will work with the company on their business accounting needs. These accounts manager is responsible in reviewing and organizing submitted information, and maintaining accounts ledger. Note that financial documents should be submitted on a regular periodical basis. They can also help you draft financial statements based on Financial Reporting Standards (FSR) for statutory submissions. Lastly, accounts managers are also available to help monitor statutory compliance issues and ensures that accounts reports are well understood by clients.

Below are the bookkeeping services of Rikvin:
• 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
Finally, below are additional accounting services of Rikvin that might interest you.
• Service for Estimated Chargeable Income
• Full accounts audit service
• Filing of financial statements in xBRL
• Corporate annual tax return service (Corporate tax computation; Preparation of tax forms for corporate submission; Preparation of Director’s Report; and Preparation of Form C for submission)
• GST registration service
• GST filing service
• Payroll Service (Salary Calculation based on weekly, bi- weekly or monthly; Salary payment to employees by cheque issuance or through bank transfer such as GIRO; Central Provident Funds (CPF) registration and timely monthly payment.; and Issuing of IR8A for personal tax including statutory annual returns filing)

Rikvin provides a full spectrum of corporate services under one roof for singapore company registration, assistance to form a singapore company, accounting, tax, work pass and related compliance services for individuals and companies worldwide.