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Finance & Bookkeeping

Finance & Bookkeeping

Accela Finance helps you manage your operational finances through excellent systems and caring processes. We use Xero cloud accounting system, which provides you with up-to-date access to your accounts anytime, anywhere.

Process Process Description A B C D D1
Billing Preparing and sending invoices out          
Accounts receivable management Chasing payments, sending statements out for overdue payments          
Payables processing Inputting and recording business expenses into the system          
Cash management Summarising incoming and outgoing cash to make payment decisions (owner makes decision)          
Payment processing (1) Preparing payments on online banking if access is given          
Bank reconciliation Monthly if no direct feeds, weekly if direct feeds          
Monthly management reports P&L, B/S, Budget Variance (if forecasting is utilised)          
Fee SGD 300-500 SGD 500-800 From SGD 800 From SGD 800 From SGD 800
  Driven by number of transactions on bank reconciliation Driven by volume of invoices (payables) Price driven by volume Driven by volume Driven by volume

All prices exclude GST, are indicate and to the discretion of Accela. Please contact us for a quote.