Named accountant
Your ledger, month to month
The same accountant handles your firm's transactions each month. They learn your billing pattern and where the messy edges sit, so fewer questions arrive during the close.
About the practice
Who runs Singapore Cloud Ledger
A cloud accounting practice working with professional services firms in Singapore. This page sets out who does what on an engagement, and the standards we hold the work to.
Scope of work
What the practice does
Our scope is the ledger and the reporting around it, for fee-earning firms: law practices, consultancies, studios, agencies, and other professional services businesses.
Month close
Transaction-level bookkeeping and monthly reconciliation of every bank, card and payment account your firm holds.
GST returns
GST return preparation with the supporting schedules an IRAS query would ask for, filed on the period your firm is registered to.
Payroll coordination
Coordination of payroll with your payroll provider or in-house admin, so the ledger entries and the payslips agree.
Migration
Platform migration from desktop files or spreadsheet ledgers, with the opening balances agreed before the first live month.
Reporting pack
A monthly management reporting pack built for how a practice actually bills, not retrofitted from a template.
We do not provide audit, tax advisory, or corporate secretarial services. Where a firm needs those, we work with the professionals they have appointed.
On the desk
5·
Workstreams covered on a standard retainer: close, GST, payroll, migration, and reporting.
The structure
How the team is organised
A ledger reviewed by one person who also prepared it is a ledger nobody has independently checked. The engagement is arranged so that never happens.
Reviewer
An independent check
A second accountant reviews the close before any pack is issued. They check the reconciliations, the adjustments and the schedules that support each balance.
Engagement lead
Who owns the relationship
Escalations, scope changes and handover dates go to the lead. For firms with several entities or a migration running, the same team stays on the work from start to steady state.
Why fee-earning firms
Why we work with professional services firms specifically
A firm that bills by the hour has a different ledger from a firm that sells products. The patterns below repeat across every practice we work with, and knowing them means fewer questions during the monthly close.
Revenue arrives late
Work is done before it is invoiced. The ledger carries unbilled time and work-in-progress that a product business never sees.
Disbursements recover slowly
Costs paid on a client's behalf sit as receivables for weeks before they are recovered. They need tracking, not a single expense line.
Partners draw ahead
Drawings are taken against profit that has not yet been invoiced. The reporting pack has to show that gap plainly rather than smooth it over.
Chart of accounts built for practice
The coding structure and the monthly pack follow how a practice operates — matter, engagement, client — rather than a generic template.
Standards
Standards we hold the work to
The rules below apply to every close we issue, whether it is the first month or the fortieth.
- a. Every balance is supported Every figure in a reporting pack has a supporting schedule behind it. If the schedule is missing, the figure does not ship.
- b. Reconciliations are documented A reconciliation is written down and dated, not left in someone's head. Anyone reading it later can see how the balance was reached.
- c. Adjustments are explained Any adjustment is explained to you rather than posted silently. If you disagree with it, that conversation happens before the pack is issued.
- d. Nothing parked in suspense Where a balance cannot be reconciled cleanly, it is raised with you rather than parked in a suspense account and forgotten.
- e. Working papers are yours Working papers are retained and available to you, your auditor, or your tax adviser on request. A question asked later should be answerable.
Platforms
The platforms we work on
We implement and operate Xero and QuickBooks Online, the two cloud platforms most visible among Singapore professional services firms. Where a smaller firm is better served by a local option such as Financio, we say so.
We do not receive reseller incentives that would push a platform recommendation one way or another. If your current setup is working, we will say that too.
Primary platform
Xero
- Bank feeds reconciled to the statement cut-off each month.
- GST reporting schedules prepared inside the platform.
- Multi-entity practices kept on one file with named tracking categories.
Primary platform
QuickBooks Online
- Well suited to smaller consultancies billing on a small number of engagements.
- Straightforward payroll coordination through the linked payroll module.
- Migrated from older cloud subscriptions with the opening position agreed.
We also support migrations from ABSS desktop files and spreadsheet ledgers. The migration path is agreed before the first live month, and the opening balances are signed off with you.
Coordination
Working with your existing professionals
Many clients come to us with an accountant already handling the corporate tax filing and a corporate secretary handling statutory matters. We keep those relationships intact: supplying the year-end pack, answering ledger questions, and confirming the opening position the accountant will see.
Where the coordination needs a specific handover date, we agree it with all parties rather than assuming one.
What you will not find here
Editorial standards on this site
The copy on this site describes what we do and how engagements run. It does not carry client testimonials, ratings, or case-study results, because we have not published any.
We do not state turnaround guarantees or outcome promises, and we do not use superlatives about our own service. Where a claim about the wider market appears, it reflects publicly available information about platforms and providers in Singapore. It is not a ranking and it is not an endorsement of any third party.
On this page
- Scope of work Stated
- Team structure Named
- Standards applied Five
- Client testimonials None published
- Outcome guarantees Not offered
An introductory call
Talk to the accountant who would run your ledger
Our office is at Anson Road in Singapore's central business district. Enquiries go through the contact page, and an introductory call is usually arranged within a few working days.
Singapore Cloud Ledger Pte. Ltd. — cloud accounting for professional services firms in Singapore.
Office at 16 Raffles Quay, #30-01 Hong Leong Building, Singapore 048581.