SERVICES
Accounting & Book Keeping Services
Timely and accurate financial information is crucial for your company to maintain a competitive advantage in today’s dynamic business environment. JDT, an international accounting firm, offers a full range of computerized accounting services, book-keeping services for business and companies registered in Singapore.
JDT recognizes that having access to timely and accurate financial information is crucial for clients to maintain a competitive advantage in today’s dynamic business environment. We provide a full range of computerized accounting, bookkeeping services for companies in Singapore who require a proper and complete set of financial statements. Our services include the preparation of full set accounts on a monthly, quarterly, or yearly basis, ensuring compliance with international accounting standards.
Our charges will depend on your company transaction and book size. The reports will include:
- Internal Control Procedure
- Financial Management
- Business Planning
- Review and Evaluation of Accounts
- Budget Preparation & Variance Analysis
- Cost Analysis
- Management Reporting
- Review of Key Performance Indicators
- Cash Flow Management
- Tax Management
- Working Capital Management
- Loans Management
- Financial Statement Analysis
Outsourcing of Chief Financial Officer (CFO)
We offer expertise of a trained and experienced financial person to Small Medium Enterprises (SMEs). As SME expand their business, they need the expertise of experienced accountant, someone akin to Chief Financial Officer in larger set up to beef up the company financial function capabilities so as to meet its operational demands. However, very often, the business may not be ready for such a full time executive, operationally or financially. Depending on the client requirement, we can be engaged on a permanent, periodic or ad-hoc basis to meet specific objectives. Clients can be assured that the financial health of the business will be taken care professionally on a continual basis.
Financial Management Tools You Grow Your Businesses
- Financial Management
- Business Planning
- Review and Evaluation of Accounts
- Budget Preparation & Variance Analysis
- Cost Analysis
- Management Reporting
- Review of Key Performance Indicators
- Cash Flow Management
- Tax Management
- Working Capital Management
- Loans Management
- Financial Statement Analysis
- Inventory Management
Why Companies should consider JDT Management Services Pte Ltd as a Outsource Accountant
Payroll/HR Administration Outsourcing Services
JDT specializes in meeting basic to complex payroll and HR administration and needs of businesses in Singapore. We have a team of payroll and HR to support your organization needs. Whether it is managing the payroll of your entire staff or protecting the confidential of your data, out team of professional will be able to support and provide the value added service. We also give consulting services for companies who wish to set up their own payroll system.
We assist companies to process the payroll for their staffs. This involves in the computation of their monthly salaries and processing of yearly IR8A. We also assist the companies to print out the pay slips using our in house payroll software. Starting July 2016, it is compulsory for companies to issue payslips to their employees, an area where our payroll services needed.
Payroll Services
- Compute and process the payroll for the staffs of the companies on bi monthly or monthly basis
- Assist the companies to print out the pay slips using our in house payroll system
- Process gross to net salary and applicable CPF, CDAC calculation
- Salary disbursement to employees via bank GIRO transfer
- Computation of CPF for various allowances
- Computation of bonuses and pay for various scenarios
- Payment in lieu of a notice of termination
- Payment for annual or sick leave
- Deduction of pay for absence from work
- Compilation of monthly payroll summary reports for management review
Statutory Requirements
- Printing and distribution of pay slips
- Online Submission to CPF Board by stipulated deadline
- Prepare and submit yearend tax forms (IR8A) and relevance appendixes
- Online submission to IRAS for yearend tax returns
Benefits of Outsourcing Accounting & Finance
By outsourcing your finance and accounting function to JDT, organizations would undoubtedly see the performance improvements as they can benefit by:
- Freeing up management’s time from administrative and regulatory tasks to concentrate on higher-level decision-making.
- Taking advantage of the outsourced infrastructure and capability such as the computerized accounting software set up, without having to pay for such upfront costs
- No worry of account staff turnover. Ensure continuity of accounting services with us.
- Management does not have to worry about employing and supervising full time employee. Outsourcing of accounts help the management to save the cost of employing a full time staff.
- Confidential financial information including payroll data do not have to be shared with internal staff
- Replace current fixed staff cost structure with a variable cost arrangement by outsourcing
- Improve back-office performance through use of service management framework
Accounting Software
We can recommend accounting and payroll management systems to your company that can manage some of your accounting and payroll processes. These software are listed under iSPRINT– Packaged Solutions. SMEs can claim up to 70% of the qualifying costs, capped at $20,000 for the purchase of the first packaged solution (listed) under each solution category.
CASE STUDIES
How an International Accounting Firm Transforms Businesses
JDT Management Services, a leading international accounting firm, offers a comprehensive suite of accounting, bookkeeping, and taxation services designed to empower businesses of all sizes. By leveraging their expertise, JDT has helped numerous clients overcome financial hurdles, achieve growth, and navigate complex tax landscapes.
Here are some real-world examples of how JDT Management Services has made a positive impact on their clients:
From Financial Disarray to Streamlined Operations
A young e-commerce company in Singapore needed help with disorganised bookkeeping. JDT’s team implemented a robust accounting system, streamlined bookkeeping processes, and provided ongoing support. This newfound financial clarity allowed the company to make data-driven decisions and achieve significant sales growth.
Navigating the International Taxation
A manufacturing firm with international operations faced a complex tax situation. JDT’s team of tax specialists provided expert guidance on navigating international tax regulations, ensuring compliance, and maximising tax efficiency. This saved the company a significant amount of money and allowed it to focus on expanding its global footprint.
Overcoming Financial Obstacles and Fueling Growth
A local restaurant chain in desperate need of financial restructuring turned to JDT for assistance. JDT’s accountants conducted a thorough economic analysis, identified areas for cost savings, and developed a strategic financial plan. With JDT’s guidance, the restaurant chain was able to overcome financial challenges, secure funding for expansion, and open new locations across the city. These are just a few examples of how JDT Management Services’ accounting services, bookkeeping services, and taxation expertise have helped businesses achieve financial success. Whether you’re a small startup or a well-established company, JDT can provide the financial guidance and support you need to navigate the ever-changing world of business.
Frequently Asked Questions
What accounting services do you offer?
JDT Management Services provides a wide range of accounting services, including bookkeeping, tax preparation and planning, financial statement preparation, and business advisory services.
Do you offer bookkeeping services?
Absolutely! Our bookkeeping services encompass everything from managing accounts payable and receivable to payroll processing and bank reconciliations. We can help you stay on top of your day-to-day financial transactions, freeing you up to focus on running your business.
Are you an international accounting firm?
Yes, JDT Management Services is a fully fledged international accounting firm. Our team of experienced professionals is well-versed in international accounting regulations and tax laws.
Can you handle my specific industry?
JDT works with a diverse clientele across various industries. We take the time to understand your business’s unique needs and tailor our services accordingly.
How much do your services cost?
The cost of our services depends on your business’s specific needs. We offer flexible pricing options, including hourly rates and fixed monthly packages.
How do I get started with your accounting and bookkeeping services?
Contact us for a free consultation! We’ll discuss your business goals and recommend the accounting services that best suit your needs.
What are the benefits of outsourcing my accounting to JDT?
Outsourcing your accounting to JDT allows you to benefit from our expertise, save time and money, and gain peace of mind knowing your finances are in good hands.
Do you use any accounting software?
Yes, JDT utilises cutting-edge accounting software to ensure accuracy, efficiency, and secure data management.
How will I communicate with JDT about my finances?
We prioritise clear communication, so we offer various communication channels, including phone calls, emails, and secure online portals.
Can I get references from past clients?
Absolutely! We’re proud of the relationships we’ve built with our clients and are happy to provide references upon request.
