Singapore – Outsourced Accounting, GST & Compliance Support

Supporting Singapore Companies & Advisors from India

Ashok Chhajed & Associates is a professionally managed Chartered Accountancy firm established in 1984 under the Chartered Accountants Act, 1949.


With over four decades of experience serving PSUs and reputed Indian corporates, we now provide outsourced accounting and compliance support to companies and professional firms in Singapore, through our dedicated back-office teams in India.


We act as an extension of your finance and compliance function – handling bookkeeping, reconciliations, management reporting, GST and tax working papers, while your Singapore advisors and filing agents handle statutory submissions and regulatory representation.

Who We Serve in Singapore

  • Singapore Accounting/CA Firms and Corporate Service Providers
    Looking for a reliable offshore team to support bookkeeping, GST workings, tax computations and XBRL preparation for their client base.
  • Private Limited Companies (Pte. Ltd.) and SMEs
    Including trading, services, consulting, technology and investment entities that want structured finance support at an efficient cost.
  • Holding Companies, SPVs and Family Offices
    Set up for regional investments, trading or IP holding, requiring regular financial reporting and clean documentation.

Our Key Service Offerings for Singapore

1. Outsourced Bookkeeping & Accounts Maintenance:

We provide full bookkeeping support for Singapore entities, including:


  • Recording of sales, purchases, expenses and journal entries
  • Maintenance of customer and supplier ledgers with ageing analysis
  • Bank and credit card reconciliations
  • Petty cash and staff advance accounting
  • Fixed asset register maintenance and depreciation workings

We work on commonly used accounting platforms (including cloud systems such as Xero, QuickBooks, Zoho Books, or your preferred software).


2. Month-End Close & Management Reporting:

We support a structured month-end close to give management timely insight:


  • Preparation of monthly/quarterly Profit & Loss, Balance Sheet and cash-flow statements
  • Reconciliation of key control accounts (bank, debtors, creditors, GST, loans, etc.)
  • Management reports and MIS packs for directors, shareholders and investors
  • Segment-wise/project-wise/entity-wise profitability analysis where data is available
  • Basic cash-flow and working capital analysis

This enables Singapore management teams to rely on consistent, up-to-date financial information without maintaining a large internal accounts team.


3. Singapore GST – Working Papers & Backend Support:

(Filings with IRAS and formal representation are handled by your Singapore tax agent/filing partner. We support with data and workings.)

Our GST-related backend support includes:


  • Transaction-wise review and tagging for standard-rated, zero-rated and exempt supplies
  • Preparation of GST return workings (Form F5) based on accounting records
  • Reconciliation of GST returns with ledgers and financial statements
  • Support in compiling documentation for IRAS queries, audits or reviews, as guided by your local advisor

We focus on ensuring your Singapore advisors receive accurate, reconciled and well-documented figures for timely GST compliance.


4. Corporate Income Tax – Computation Support & Schedules:

(We do not sign Singapore tax returns. Corporate tax filings remain with your Singapore tax agent/advisor; we provide backend computation and schedules.)

Our income tax support includes:


  • Preparation of corporate tax computation workings from finalised accounts, as per instructions from your Singapore advisor
  • Adjustments between accounting profit and chargeable income (non-deductible items, capital allowances, exempt income etc., as guided locally)
  • Schedules for capital allowances, tax losses and carry forwards
  • Reconciliations between financial statements and tax computations

These workings are designed so your Singapore tax agent can directly use them for Forms C/C-S and related filings.


5. XBRL & Regulatory Data Preparation:

We assist Singapore companies and corporate service providers with:


  • Preparation of XBRL-ready financial data based on accounting records and finalised financial statements
  • Supporting schedules and breakdowns required for ACRA filings (in formats agreed with your Singapore filing partner)
  • Collation of information needed for annual return filings (share capital, shareholding, etc.) as per client data

We do not act as filing agents with ACRA; our role is to ensure your filings are supported by clean and structured underlying data.


6. Accounts Receivable, Accounts Payable & Payroll Support:

To strengthen day-to-day financial operations, we offer:


Accounts Receivable:


  • Sales invoice preparation/posting based on contracts and inputs
  • Debtors ageing, overdue reports and follow-up lists


Accounts Payable:


  • Vendor invoice processing and coding to appropriate GL and cost centres
  • Creditors ageing reports and vendor reconciliations


Payroll Support:


  • Payroll computation workings from time-sheets/salary structures provided
  • Payroll journals and reconciliations with ledgers
  • Support in organising payroll data for your Singapore payroll provider/HR platform

7. Support for Singapore Accounting & Corporate Service Firms:

For Singapore accounting firms and corporate service providers, we operate as a white-label back-office under your guidance:


  • Ongoing bookkeeping and accounts maintenance for your client portfolio
  • GST computation workings and reconciliations
  • Corporate tax computation schedules based on your templates
  • XBRL data preparation and financial statement schedules
  • One-time projects such as historical data clean-up or migration to new systems

You retain client relationships, advisory roles and filings; we provide the capacity, documentation and execution strength from India.


8. Special Projects & One-Time Assignments:

Beyond routine monthly work, we also undertake:


  • Clean-up and reconstruction of historical records for Singapore entities
  • Migration from legacy software or spreadsheets to modern cloud platforms
  • Preparation of financial information for banking, fundraising or internal reviews
  • Tailored reconciliations (intercompany, multi-entity, multi-currency) as required

9. IT & Data Security :

Global outsourcing is built on trust and data confidentiality. We operate with rigorous internal controls to ensure that client information remains protected at all times.


IT Security Framework:


  • ISO-aligned internal policies for information security
  • Multi-factor authentication & access-restricted log-ins for accounting platforms
  • Encrypted data transfer channels (VPN/SFTP/secure portals)
  • No client data stored on personal devices; only secure system access permitted
  • Defined password governance & periodic credential rotation


Data Confidentiality & Access Control:


  • Role-based access to files and accounting systems
  • Confidentiality agreements with all team members
  • No outsourcing or subcontracting to third parties without written approval


Secure Operations & Continuity:


  • Daily data backup and off-site disaster-recovery systems
  • Dedicated audit trails for file access and modifications
  • Cybersecurity monitoring and periodic vulnerability assessments

Our security protocols are designed to provide international clients with complete confidence that financial data remains safe, private and fully compliant with global best-practices.

Engagement Models

We offer flexible engagement models suitable for Singapore clients:

  • Dedicated Resource/Team Model
    Full-time staff dedicated to your Singapore entities or your clients.
  • Monthly Retainer Model
    Defined recurring scope (bookkeeping, GST/tax workings, reporting) at an agreed monthly fee.
  • Project-Based Model
    One-time assignments for data clean-up, migration, reconciliations or specific reviews.

All assignments are partner-supervised, with clear timelines, deliverables and communication.

Why Ashok Chhajed & Associates for Singapore Outsourcing?

  • 38+ years of experience as a Chartered Accountancy firm in India
  • Strong exposure to complex organisations, including PSUs and reputed corporates
  • Emphasis on documentation, reconciliations and compliance discipline
  • Multi-location presence in India, providing a deep talent pool and continuity
  • Partner-led approach with focus on quality and long-term relationships
  • Robust emphasis on confidentiality, NDAs and secure system access

Get in touch

If you are exploring outsourcing of finance, accounting, taxation or compliance services for your entities in the UK, USA, UAE or Singapore, our team would be delighted to understand your requirements and share how we can support you.

Please fill the form below, and one of our senior representatives will reach out to you within 24–48 hours.

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Outsourced Accounting & Bookkeeping
Month-End Close & MIS Reports
Accounts Payable/Receivable Support
Payroll Support
Tax/VAT/GST/Sales Tax Working Papers
Virtual CFO/Financial Planning
Migration/Clean-up/Special Project
Other (please specify)


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