Accounting & Bookkeeping

Origins Corporate Services advanced accounting and book keeping services come to
the rescue of chief financial officers who have a strong desire to maintain up to date
records with quality automation, shorter reporting cycles, strong governance and better information for intelligent analytic. Our team of experienced accountants keep up with the changing legislation and follow robust practices for recording, classification and retrieval of information.

We lay a solid foundation for building up business intelligence by undertaking the
exasperating yet necessary accounting that includes:

  • General accounting
  • Book Keeping
  • Audit & Business Assurance Services
  • Taxation for Business & Individuals

Origins Corporate Services approach understands the importance of keeping journals
and ledgers current and handy for the more complex number crunching that concerns
profits, financial ratios, statutory liabilities, stakeholder returns and other life changing business decisions. Whether it is the basic function of keeping financial records well organized or the more complex tax rate computations, our experienced accountants are highly competent.

Whether you are new or an old hand in business, we can streamline your accounting and book keeping practices for long term financial success. Our wide-spread expertise helps us set benchmarks and steer best practices in every industry.

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Origins Corporate Services experienced specialists put together all expense accruals,
income streams, asset reserves and other transactions into well structured, standardized and actionable information that ensures accurate reporting from a legal as well as accounting stand point. With changing accounting standards and the legalities that govern it, it is difficult for organizations to keep up and hence it makes perfect sense to outsource general accounting to Origins Corporate Services’ able team who is well acquainted with up to date accounting practices.

Having catered to a large spectrum of industries from manufacturing to hospitality, Origins Corporate Services is conversant with delivering efficient and effective general accounting practices that include:

  • Statement of Comprehensive Income
  • Statement of Financial Position
  • Cash Flow Statement
  • Statement of Changes in Equity & Notes to the accounts
  • Management Reporting
  • Financial Analysis

Having worked with small medium enterprises and multi-nationals, we are well-equipped with IFRS and other guidelines that need to govern the books of organizations that deal in multiple currencies and perform various cross border transactions. Whether you need advanced reconciliation or just clearance of journal entry backlogs we are your go-to team of experienced accounting practitioners. We can design and deliver a robust system of accounting that even includes administrative peripherals like:

  • Setting up accounting software and chart of accounts
  • Application and submission of monthly or quarterly GST returns
  • Application and submission of CPF contribution records to CPF board

With the rapid internationalization of businesses around the world and ease of business set-up in many countries, it is no longer uncommon to find a business operating with numerous subsidiaries, associates and/or joint ventures for the purpose of diversification, expansion, growth or tax benefits. Our team of accountants are well-versed in the consolidation of group accounts in compliance with Singapore Accounting Standards and Companies Act requirements. We can come in to take over the consolidation process of your parent and subsidiaries accounts or supplement your existing team who may not have a thorough understanding of the process of group accounts consolidation. We have experience in handling complexities in multiple currencies and different levels of control in subsidiaries to ensure accuracy in your accounts consolidation and reporting.

We understand that the process of consolidation can be tedious and time consuming. We get involved with the process early on to streamline the process and make the process more efficient by providing some or all of the following services:

  • Elimination of inter-group transactions between and amongst parent and subsidiaries
  • Restatement and adjustments in individual company accounts
  • Group level consolidation
  • Reporting and presentation in line with Singapore Accounting Standards

The experienced and adept team at Origins Corporate Services can help you so you can focus on growing your business and take informed financial decisions.

The complex accounting and financial function begins with tedious yet the most pertinent booking keeping practices. The innumerable ways in which a transaction can be recorded have a large impact on the way profits and taxation get computed. Engage the services of Origins Corporate Services for the best book keeping practices that entail detailed recording and summarizing of financial transactions.

Whether you are a start-up that needs setting up of new processes or you are a multinational that needs migration of the existing systems, our team of experts can help you put together a clean and systematic set of entries in the form of following books:

Inventory

  • Fixed Assets
  • Income and Expenses
  • Payments & Receipts
  • Accounts Payable & Receivables
  • Cash & Bank Reconciliations

Offering a customized book-keeping process for every industry and type, our well-versed accountants conduct a thorough review of transaction types, vendor payment systems and other record-keeping diaries before setting up the journals and ledgers. We use the various accounting software for efficient automation, calculation, classification and retrieval of financial information. Our experience in the field of accounting helps build a solid foundation with robust book keeping that forms the basis for further in-depth interpretation and analysis.

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