📧 Contact us: cfo@bioutsource.com
Singapore Singapore

Virtual Accounting Services - Cloud Accounting Services - Online Accounting Services

BI-Outsource specializes in virtual accounting services that cut overhead costs while providing real-time financial accuracy. Our cloud-based accounting solutions are designed for small and medium-sized organizations that want to streamline financial operations without hiring a full-time in-house team.

Outsourcing to BI-Outsource, businesses gain access to skilled specialists that manage their books, financial reports, and projections with precision. We combine accounting knowledge with cloud solutions to provide complete visibility, decreased operational costs, and scalable support.

Our clients report saving up to 50% on accounting expenses by transitioning from full-time to virtual teams. With 24/7 access to financial data, you can stay informed and in control at any time and from any location.

Let’s have a glimpse on how BI-Outsource’s virtual accounting services can help SME to create optimism with our Cloud Accounting services

Step 1: On-time and correct bookkeeping

Late or incorrect books cause blind spots. Our primary objective is to ensure that your accounts are updated, reconciled, and error-free on a monthly or weekly basis, so you know where you are.

Step 2: Reliable forecasting and planning.

Once your records are in order, we can help with cash flow planning, budgeting, and forecasting. You gain clear insights that allow you to prepare better and make faster decisions.

Step 3: Have access to your finances from anywhere.


We provide secure cloud access to your data 24 hours a day, seven days a week. Whether you're at the office or working remotely, your reports are only a few clicks away.

BI-Outsource is a well-known provider of virtual accounting and bookkeeping services.

Singapore requirements we work to

Singapore companies keep accounting records for at least five years and prepare financial statements under the Singapore Financial Reporting Standards (SFRS). We keep your books ready for the key dates: the Estimated Chargeable Income (ECI) within three months of your financial year-end, the annual return to ACRA, and Form C-S or Form C to IRAS by 30 November.

Common questions

Do you prepare SFRS financial statements?

Yes. We prepare financial statements under SFRS, or SFRS for Small Entities where your company qualifies, ready for your directors and, where needed, your auditor.

Can you handle GST?

Yes. We record GST at 9%, reconcile input and output tax and prepare your GST F5 return each quarter if you are GST-registered.

Which software do you use?

We work in Xero, QuickBooks Online and Zoho Books, all accepted by IRAS and common in Singapore. If you already use one, we work in your file.

Guides

Get a proposal or email cfo@bioutsource.com

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