- CLOUD ACCOUNTING AUTOMATION
Get up to 50% Grant Support for QuickBooks Online
SMEs are eligible for up to 50% Productivity Solutions Grant (PSG) support for the adoption of QuickBooks Online, a Pre-Approved Solution under the IMDA SMEs Go Digital programme.
What is QuickBooks Online?
QuickBooks Online is a cloud-based accounting software designed to help SMEs manage their finances efficiently and securely. It helps business manage bookkeeping, payroll, invoicing, expense tracking, and financial reporting within one integrated platform.
It automates key financial processes such as bank reconciliation, invoice generation, GST tracking, and payroll calculations. This reduces manual data entry, improves accuracy, and provides real-time visibility into cash flow and business performance.
QuickBooks Online is also a Pre-Approved Solution under the IMDA SMEs Go Digital programme, allowing eligible Singapore businesses to receive up to 50% grant support when adopting digital accounting solutions. Additionally, selected companies may also use their SkillsFuture Enterprise Credits (SFEC) to obtain up to an additional 45%.
Features of QuickBooks Online
QuickBooks' Accounting automation will handle manual tasks for you
Invoice Management
Manage your invoices seamlessly on the cloud anytime, anywhere. Analyse your payment cycles and make better business decision.
Feature Listing
- Automate your business with Recurring Invoices & Reminders
- Customisable AR Aging Reports
- Integration with e-invoicing
Bank Reconciliation
Automated transaction matching and bank reconciliation using QuickBooks Online Bank Rules. Classify unrecorded bank statement lines to ensure complete and accurate financial records.
Feature Listing
- Manage multi-currency bank accounts
- Create rules to classify repeated expenses
- Automatically generate bank reconciliation reports
Seamless Integration
Manage your finances from one QuickBooks Online dashboard. View real-time financial data and reports in one centralised accounting system.
Feature Listing
- Update inventory levels into Shopify through QuickBooks
- Use OCR to capture invoices through HubDoc
- QuickBooks integrates with 650 popular business apps, from WooCommerce, MailChimp, eBay, Stripe and more
Features of QuickBooks Online
QuickBooks' Accounting automation will handle manual tasks for you
Invoice Management
Bank Reconciliation
Seamless Integrations with 650 Apps
Why QuickBooks Online?
What is the onboarding process?
6 Simple Steps
Why Choose Us?
Hear from our customers!
"Great Personal Service. Gives focused advice that is customised to each client. Glad to work with Tisch Global!"
DicksonGet another 90% subsidy with SFEC
Eligible employers for SkillsFuture Enterprise Credit (SFEC) will receive a one-off $10,000 credit to cover up to 90% of the out of pocket expenses.
Budget 2026 recently announced that:
Eligible companies will receive an additional $10,000 SFEC credit, with the original $10,000 credit extended until the second half of 2026.
Find out more about your SFEC qualifications here
Get another 90% subsidy with SFEC
Eligible employers for SkillsFuture Enterprise Credit (SFEC) will receive a one-off $10,000 credit to cover up to 90% of the out of pocket expenses.
The latest Budget recently announced that:
Coverage of SFEC will be expanded through an adjustment to the eligibility criteria for the qualifying period of 1 Jan 2021 to 31 Dec 2021.
Find out more about your SFEC qualifications here.
Simple and Transparent Pricing
No hidden costs or surprises. Choose the right Package for your business.
All Quickbooks PSG packages comes with 1 Quickbooks Online (QBO) Plus account.
Simple and Transparent Pricing
No hidden costs or surprises. Choose the right Package for your business.
All Quickbooks PSG packages comes with 1 Quickbooks Online (QBO) Plus account.
Medium
- 1 year QBO Plus
- Set up Company Profile, Chart of Accounts, & configure user licenses
- Set up GST and Tax settings
- Migration of Opening Balances for 2 Prior Financial Years
- Migration of Product & Service Database
- Migration of Customer & Supplier Database
- 4hrs of Quickbooks training
- Scoping & Documentation
Large
- 1 year QBO Plus
- Set up Company Profile, Chart of Accounts, & configure user licenses
- Set up GST and Tax settings
- PEPPOL Set-up / Integration with e-invoicing network
- Migration of Opening Balances for 2 Prior Financial Years
- Migration of outstanding AR & AP invoices (Single Currency)
- Migration of Product & Service Database
- Migration of Customer & Supplier Database
- 8hrs of Quickbooks training
- Scoping & Documentation
Work (less) hard for your business
QuickBooks’ Accounting automation will handle manual tasks for you. Explore some of the features of QuickBooks:
Invoice Management
Manage Sales Seamlessly
No more paper invoices. Manage your invoices seamlessly on the cloud anytime, anywhere. Know instantly which invoices have been paid and which have not. Analyse your payment cycles and make better business decisions.
- Automate your business with Recurring Invoices & Reminders
- Customisable AR Aging Reports
- Integration with e-invoicing
Bank Reconciliation
No More Tedious Reconciliations
Reconcile your bank accounts with the help of QuickBooks. Automatically match transactions that have already been recorded with QuickBooks matching and Bank Rules. Classify bank statement lines that have not been accounted for. Ensure completeness of bank account reconciliation.
- Manage multi-currency bank accounts
- Create rules to classify repeated expenses
- Automatically generate bank reconciliation reports
Numbers At A Glance
Access Finances In Real-Time
Access your dashboard to understand how much you are making in real-time. Quickly generate reports that will help you make key decisions for your business.
- Optimize working capital through financial reports
- Analyse critical sales and expenses data
- Plan cashflow for critical decisions
Seamless Integrations with 650 apps
Integrate with leading applications
Gain control over one dashboard. Data flows automatically into your books, and you can review everything in one place.
- Update inventory levels into Shopify through QuickBooks
- Use OCR to capture invoices through HubDoc
- Quickbooks integrates with 650 popular business apps, from WooCommerce, MailChimp, eBay, Stripe, Talenox and more.
Frequently Asked Questions
Yes, we will assist with the migration from your existing accounting software or excel, into your new Quickbooks Online account. Some common accounting softwares we have migrated from are MYOB, Xero, QuickBooks Desktop, Excel, Wave, NetSuite, Autocount and more.
This depends on type of migration selected, along with the volume and complexity of the past year accounts. Drop us a message and we will quickly revert to you with a timeline.
Eligible employers for SkillsFuture Enterprise Credit (SFEC) will receive a one-off $10,000 credit to cover up to 90% of the out of pocket expenses. The Latest 2022 Budget recently announced that:
Coverage of SFEC will be expanded through an adjustment to the eligibility criteria for the qualifying period of 1 Jan 2021 to 31 Dec 2021
Minimum Skills Development Levy (SDL) contribution requirement will be removed for the qualifying period of 1 Jan 2021 – 31 Dec 2021; employers with inactive ACRA status during the qualification process and/or employers who have defaulted on their SDL payment during the qualifying period will be excluded
Requirement of employing at least three local (Singapore Citizens or Permanent Residents) employees every month over the qualifying period remain.
Employers must not have previously qualified for SFEC, in any of the earlier period
Newly qualified employers will be notified in Apr 2022.
PSG grant provides 50% support, which means you out-of-pocket expense is 50%.
SFEC will cover 90% of out-of-pocket expense, which means 90% X 50% = 45% support
Your nett cost : 100% – 50% (PSG) – 45% (SFEC) = 5%
Didn't find what you were looking for?
Our full QuickBooks FAQ page covers everything from getting started to advanced features, pricing, and integrations with your favourite business apps.
More Questions?
Eligible employers for SkillsFuture Enterprise Credit (SFEC) will receive a one-off $10,000 credit to cover up to 90% of the out of pocket expenses. The Latest 2022 Budget recently announced that:
Coverage of SFEC will be expanded through an adjustment to the eligibility criteria for the qualifying period of 1 Jan 2021 to 31 Dec 2021
Minimum Skills Development Levy (SDL) contribution requirement will be removed for the qualifying period of 1 Jan 2021 – 31 Dec 2021; employers with inactive ACRA status during the qualification process and/or employers who have defaulted on their SDL payment during the qualifying period will be excluded
Requirement of employing at least three local (Singapore Citizens or Permanent Residents) employees every month over the qualifying period remain.
Employers must not have previously qualified for SFEC, in any of the earlier period
Newly qualified employers will be notified in Apr 2022.
PSG grant provides 70% support, which means you out-of-pocket expense is 30%.
SFEC will cover 90% of out-of-pocket expense, which means 90% X 30% = 27% support
Your nett cost : 100% – 70% (PSG) – 27% (SFEC) = 3%
There is no need to apply for SFEC. Your credit be will automatically used on supportable programmes such as Productivity Solutions Grant (PSG) that you have applied for.
ESG will notify all newly eligible employers for SFEC via email and/or letter.
How to check?
Employers who qualified will be able to see the $10,000 credit, when they log in to the Business Grants Portal (BGP) and SkillsFuture Singapore’s SFEC microsite.
We would provide templates. Simply transfer your excel data to our templates, and we would be able to migrate your numbers.
Yes, just let us know.
Yes. Before we begin, we will have a project kick-off meeting with you, where we will discuss the project timeline and run through the details.
Yes, we will assist with the migration from your existing accounting software or excel, into your new Quickbooks account.
Between 1 to 4 weeks, depending on the volume and complexity of the accounts.
Get in touch
Ask us anything. Let us know how we can help.
Chat with us on Whatsapp or Leave your number for a Callback.
"Thanks for helping my company to adopt Quickbooks Online with PSG grant. Good and efficient team, fast in processing and teaching us as well."
Tan Jun Kiat KT Colour Center