Grant Consultation

Xero Cloud Accounting Software Solution Singapore

Try our online accounting software, Xero, which links your business to accountants, bookkeepers, banks, and more! Smart online accounting software that helps to streamline your business, suitable for start-ups and SMEs. Xero Accounting software has many features related to invoicing, bookkeeping, bank reconciliation and more; which can be tweaked according to your accounting requirements and can make running every type of business so much easier.

 

The best part is - this Xero accounting software is claimable up to 80%* under the Productivity Solution Grant (PSG)!

*98% with the combination of PSG and SFEC

Our PSG Xero Package includes 1 year of Xero accounting software subscription, migration of data, setup of chart of accounts, personalized onsite training, and 12 months of local technical and accounting support.

 Schedule a call to understand more about the Xero Accounting Software and how to leverage on the PSG Grant! Rest assured that you are in good hands as we are a certified Xero partner and pre-approved PSG vendor!

Grant Consultation by SG Accounting Firm Singapore

SG Accounting Firm provides consultation on the various government grant programmes to assist business owners with their business growth and transformation. With our years of expertise and experience, we offer guidance and advice to businesses to help them enhance their business operations. Stay ahead and know how you can benefit from these government grants! We will help you with the claim forms, submission and liaising with various government agencies to assist you in tapping on the most relevant grants!

Productivity Solutions Grant (PSG)

The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. To encourage enterprises to continue their digitalisation and productivity upgrading efforts, the maximum funding support level is raised to 80%. Interested applicants can get a quotation for the Xero Accounting software, laptop bundles, and other IT solutions before applying for PSG through the Business Grant Portal.

Company Eligibility

  • Registered and operating in Singapore

  • Purchased IT solutions or equipment must be used in Singapore

  • Have a minimum of 30% local shareholding (for selected solutions only)

  • Company’s group annual sales turnover of not more than $100 million, or company’s group employment size of not more than 200 workers

Xero Accounting Software

Productivity Solutions Grant (PSG)

Xero is a cloud-based accounting software platform for small and medium-sized businesses. It allows users to work in the same set of books regardless of location or operating system. By adopting Xero, unlimited users can log onto the system to perform the accounting works simultaneously, thereby speeding up the whole accounting process.

Support Level

Increased funding support from 70% to 80%

(valid till 31 Dec 2020)

Grant Coverage

Xero package include 1 year of Xero subscription, migration of data, setup of COA and form, personalized onsite training and 12 months of local technical support.

Laptop-Bundled Remote Working Solutions 

Productivity Solutions Grant (PSG)

A bundle program focusing on enabling businesses to empower mobile working. The program bundle includes a business class laptop, office productivity applications, online collaboration tool, security software and tech support to get the laptop set up during deployment.

Support Level

Up to 80% funding under PSG grant
(9th July – 31st December 2020) 

Grant Coverage

Up to maximum 3 laptops per company

Market Readiness Assistance (MRA) Grant

 The Market Readiness Assistance (MRA) grant provides funding support to help SMEs take their business overseas. Companies are eligible for up to 70% of costs, capped at $100,000 per company per new market* that covers:

  • Overseas market promotion (capped at $20,000)

  • Overseas business development (capped at $50,000)

  • Overseas market set-up (capped at $30,000)

Enterprise Development Grant (EDG)

The Enterprise Development Grant (EDG) helps Singapore companies grow and transform. This grant supports projects that help you upgrade your business, innovate or venture overseas, under three pillars: Core Capabilities, Innovation and Productivity and Market Access. The grant funds project costs - third party consultancy fees, software and equipment, and internal manpower cost.

P-Max Programme

Place-and-Train Programme

Place-and-Train Programme aims to help SMEs to better recruit, train, manage and retain their newly-hired PMETs. With the enhanced programme, SMEs will be able to establish a culture of workplace inclusiveness with the implementation of Age Management practices.

 

One-time $5,000 Assistance Grant (or up to $10,000 per company under P-Max Track for SC PMET aged ≥ 50) upon successful retention of the newly-hired PMETs for at least 6 months after completion of both the SME and PMET Workshops and endorsed by Programme Manager.

Work-Life Grant (WLG)

Flexible Work Arrangement

The Work-Life Grant aims to incentivise companies to sustain the use of flexible work arrangements (FWAs) for all employees, to create work-life harmony at the workplace. Companies can tap on one or both components - Flexible Work Arrangement Incentive and Job Sharing Incentive.

Companies are eligible to receive the FWA Incentive of $2,000 per local employee per year, who is a regular user of FWAs. For the Job Sharing Incentive, companies are eligible to receive $3,500 per local, full-time PMET employee per year, who is a regular user of job sharing.

SkillsFuture Enterprise Credit (SFEC)

Eligible employers will receive a one-off $10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes.

 

SFEC-supportable programmes include the Productivity Solutions Grant (PSG), Enterprise Development Grant (EDG), and other Enterprise Transformation and Workforce Transformation programmes.

E-Invoicing Registration Grant

Is your accounting solution Peppol-ready? The Enterprise registration grant is a new scheme from IMDA in partnership with ESG to help businesses to digitalise. This grant provides businesses with a one-time payment of $200 per UEN, upon first registration to the E-Invoicing Network on or before 31 December 2020. Improve efficiency, reduce cost, enjoy faster payment and stay green at the same time. 

Training Programmes and Courses Singapore

Workforce Skills Qualifications (WSQ) Courses

Upskill your workers and develop a resilient and future-ready workforce! We are working together with a training organisation to provide a comprehensive suite of workplace safety, food hygiene, service excellence, and other related training courses which will benefit your human capital development. Attain WSQ Certificates and Qualification issued by SkillsFuture Singapore by completing these trainings.

With the challenge of the COVID-19 pandemic, now is the best time to time to send your staff to upskill in preparation for an economic upturn. While you are sending your staff to courses for upskilling, your company will also enjoy SRP Absentee Payroll disbursement to defray the cost of sending staff for training.

Course Fee and Absentee Payroll Funding are available for employers who sponsor employees for training. Up to 90% of course fees will be subsidised for SMEs and Absentee Payroll Funding of 80% of hourly basic salary capped at $7.50/hour is offered as well. This will help you stay afloat and minimise staff costs while equipping them with critical skills.

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