- CLOUD ACCOUNTING AUTOMATION - XERO
Get 50% of your Xero investment covered with PSG & SFEC
The Productivity Solutions Grant (PSG) and SkillsFuture Enterprise Credits (SFEC) will cover up to 50% + 27% of your Xero software and implementation costs
The leading Xero PSG provider in Singapore
We help businesses manage your finances 10X better with Xero.
1. Software Set-up
Get professionals to set up your Xero Account quickly so you can start realising your business potential
2. Professional Set-up
Outsource time-consuming activities such as the set-up of Chart of Accounts and important GST settings
3. Data Migration
Port over all your financial data, and your customer & supplier data for a smooth transition to Xero
4. Customisation of Invoices
Customise look and feel of invoices including input of QR code and other unique invoice elements
5. Training for Your Team
Let us guide you and your team through the learning process so that you can save time on learning
6. Integration
Integrate Xero to business apps so that you can control everything in one dashboard (Depends on which app)
Work (less) hard for your business
Xero's Accounting automation will handle manual tasks for you. Explore some features of Xero
Latest Invoice Management Technology
Get paid directly from your invoices
Connect a payment solutions such as Stripe to invoices in Xero. Businesses that use online payment options get paid faster.
- Email an invoice for the customer to view online
- A ‘Pay now’ button lets customer pay by card or direct debit
- Payments are automatically reconciled against invoice
Bank Feed (with Xero-DBS Payment Integration)
Say Goodbye to Tedious Reconciliations
Reconcile your bank accounts with the help of Xero. Automatically match transactions that have already been recorded with Xero matching and Bank Rules.
- For DBS IDEAL clients, send bill payments instructions from Xero directly to DBS IDEAL platform for authorisation.
- Examples of other bank feeds include OCBC, UOB, Wise, Aspire, HSBC, YouBiz, Volopay and more
- Manage multi-currency bank accounts
Level up your Xero with integration
Over 700 apps integrated with Xero so that your data flows automatically into your books.
F.A.Q.
Eligible employers for SkillsFuture Enterprise Credit (SFEC) will receive a one-off $10,000 credit to cover up to 90% of the out of pocket expenses. The Latest 2022 Budget recently announced that:
Coverage of SFEC will be expanded through an adjustment to the eligibility criteria for the qualifying period of 1 Jan 2021 to 31 Dec 2021
Minimum Skills Development Levy (SDL) contribution requirement will be removed for the qualifying period of 1 Jan 2021 – 31 Dec 2021; employers with inactive ACRA status during the qualification process and/or employers who have defaulted on their SDL payment during the qualifying period will be excluded
Requirement of employing at least three local (Singapore Citizens or Permanent Residents) employees every month over the qualifying period remain.
Employers must not have previously qualified for SFEC, in any of the earlier period
Newly qualified employers will be notified in Apr 2022.
PSG grant provides 50% support, which means you out-of-pocket expense is 50%.
SFEC will cover 90% of out-of-pocket expense, which means 90% X 50% = 45% support
Your nett cost : 100% – 50% (PSG) – 45% (SFEC) = 5%
There is no need to apply for SFEC. Your credit be will automatically used on supportable programmes such as Productivity Solutions Grant (PSG) that you have applied for.
ESG will notify all newly eligible employers for SFEC via email and/or letter.
How to check?
Employers who qualified will be able to see the $10,000 credit, when they log in to the Business Grants Portal (BGP) and SkillsFuture Singapore’s SFEC microsite.
We would provide templates. Simply transfer your excel data to our templates, and we would be able to migrate your numbers.
Yes, just let us know.
Yes. Before we begin, we will have a project kick-off meeting with you, where we will discuss the project timeline and run through the details.
Yes, we will assist with the migration from your existing accounting software or excel, into your new Xero account.
Between 1 to 4 weeks, depending on the volume and complexity of the accounts.
Get up to 50% PSG Grant + $10K SFEC support for Microsoft 365
Tap on PSG and SFEC Grants that provides subsidies to adopt smart solutions such as Microsoft 365 Business.
