Outsourced Virtual Accountants

Our pricing is a simple monthly subscription where you pay for what you use based on your expenses in the prior month. There are no hourly charges. You can try our service for one month risk free.

See our pricing page for more details.

Yes! Support is included as part of your plan — no extra hourly charges to worry about. Your dedicated bookkeeper is happy to answer any questions you might have.

We strive to address questions in a business day or less.

Tianlong Services does all of its bookkeeping in QuickBooks Online/Xero because it offers a number of advantages:

• Seamless tax prep. Virtually every tax preparer in the Singapore knows how to work with QuickBooks or Xero. You’ll have the freedom to choose any tax preparer you want.
• Industry standard. In addition to tax preparers, most other financial professionals (e.g. attorneys, bankers, and venture capitalists) all know how to work with QuickBooks and Xero. Again, this gives you the most freedom when making financial decisions.
• Data portability. QuickBooks or Xero means you’re not locked in. If you ever decide to move on from Tianlong Services, your data goes with you, in a format that is immediately useful.

Tianlong Services will do the data entry.

All you need to do is to provide us the documents so that we can enter into the accounting system.

You can provide us the documents either by:

1. Scanning and uploading into your Client Portal (no additional charge for client portal).
2. Deliver the documents to our office so that we can scan and upload on your behalf.
3. We will collect your documents at your operating address on a monthly basis (additional charges apply).

It is depending on your business processes, we will let you know once we have an understanding of your business processes.

To have an idea, the most common ones are:

1. Invoices issued to your customers
2. POS machine sales summary
3. Delivery notes / Goods receipt note / Service reports
4. Supplier invoices (Purchases, rental, utilities, telecom)
5. Insurance / lease / rental / vehicle hire-purchase agreements
6. Bank / shareholder loan agreements
7. Payroll summary
8. Master Inventory SKUs and newly added SKUs purchased during the month

The list will be discussed and confirmed once we understand your business processes better.

Do let us know the related party or intercompany transactions as well, so that we can classify accordingly.