Category: Blog

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What You Need To Know About Bookkeeping Services

Bookkeeping Services is one that offers a service, generally comprehensive, of the Commercial Registry.

Under this same advice, other actions are also contemplated, such as the management and daily supervision of official accounting, notes in the customer ledger, balance sheets and income statements.

That is, everything that has to do with the economy and accounting of the business is subject to accounting advice, with the advice and accounting management of companies.
In this way, experts in this area advise on the best way to prepare the essential official accounting books of the business as well as their corresponding and mandatory legalization of them in the Commercial Registry, by depositing the annual accounts in said registry.

The bookkeeping services Singapore also supposes an important help in the preparation of the annual accounts and in everything related to the invoicing. In this way, accounting advisors also operate accounting aircraft designs specific to different business sectors. In addition to being able to carry out real-time accounting of companies and their accounting update, the Accounting Advisory Office is also responsible for carrying out various transfers in front of banks, Notaries, Property and Commercial Registry and other Public Organizations .

Some Bookkeeping consultants expand their portfolio of services and are design devices an analytical accounting system for their clients and perform internal audits in order to detect possible errors and failures to proceed with their solution.

According to the data of the Observatory of the Office, the accounting is one of the services most demanded by the clients to their consultancies and offices.

They provide accounting services, taking into account both short-term and long-term objectives, and balance as well. They work hard to allow their clients to be informed about new developments and opportunities to help them expand their business and provide tax savings.

Tax planning is a year-round process. With enough time available, they can offer creative solutions to provide greater flexibility and options for the elimination, reduction or deferment of their tax obligations.

With a clear understanding of their activities and business objectives, professionals work for effective tax savings in accordance with the requirements of the Accounting Law, which are usually significant.

They understand how each component of their tax plan reflects the overall result.

These are some of the services they offer:

Preparation of the financial statements in accordance with the accounting regulations and accounting standards of Bulgaria;
Preparation of the financial statements in accordance with the International Financial Reporting Standards (IFRS)
The organization of the accounting form
The preparation of tax returns
Monthly and annual accounting
Repayment plans
Periodic reports
Interim reports
Momentary and rapid financial reports necessary for management
Personal Financial Planning
Property Planning
Salaries and contributions of employees
International Tax Returns
They also take into account the need of business owners that their corporate and individual tax strategies are not in conflict

Having a good accounting and financial advice is essential for the operation of any company. That is why hiring these services for the development of your business is something to keep in mind.

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How to find human resource management software

While managing a small team is easier, managing a big one is more difficult. This creates a need for human resource management software but since there are many in the market, choosing the best one can be more challenging. You, therefore, need to know what to look for and what to avoid.
Centralized control
When considering how to find human resource management software, you need to look at features such as centralized control. This gives you complete control of the software. It also has to allow employees to gain access and conduct different operations. It only gives the human resource manager to complete administration control.
Functionality
A good HRM provider in Singapore should be able to handle different aspects of employee management. It should, therefore, be able to administer payrolls, track attendance, evaluate performance and handle benefits among others. Any system that can’t handle all the functions isn’t ideal since you’ll still have to look for a different system to handle the rest.
Integration
You probably already have other systems you’re working with. Having a system that integrates with others without problems is vital, whether the other systems are the third party or not.
Understandability
This is an equally important factor when it comes to how to find human resource management software since it determines how well the employees will adapt to the system. A good system should be easy to use thereby allowing both the manager and the employees to use it without additional training. It shouldn’t be too complicated that you have to hire someone else to handle it.
Storage
The use of cloud storage platforms has made it easy to save memory within systems. Your human resource system should have cloud-based storage and documentation features. This will save you money and ensure the system runs smoothly even as it handles a large amount of data in the company.
Conclusion

With these, choosing the most ideal system from the many options available should be easy.

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Is Insurance A Career Worth Pursuing?

Is insurance jobs in Singapore good money? Well it depends on what position or branch your working for in the insurance firm. For example, these are some of the insurance positions in Singapore: Actuarial Analyst which makes on average 9,773 in Singapore dollars; Actuarial Assistant makes on average 7,627 in Singapore dollars; Actuary which makes on average 9,801 in Singapore dollars; Adjustment Insurance Clerk makes on average 5,463 in Singapore dollars; Assistant Broker makes on average 6,995 in Singapore dollars. On average a person in Singapore working with insurance earns 8,480 in Singapore dollars a month. In Singapore 23 to 26% of Singapore households income fall under S$3,000 per month which is considered poverty in Singapore. The average annual salary in Singapore is S$67,152 which is S$5,596 per month according to https://blog.seedly.sg/salary-guide-singapore/amp/ . Insurance jobs in Singapore would make good money and then some if your looking for a Insurance job in Singapore because of the annual salary being much higher than the average salary in Singapore. Since the salaries monthly in the insurance firm range from S$5,500 to S$12,500 you can earn average to great money in the insurance firm making it a good career to pursue in Singapore. The j

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Unemployment statistics in Singapore

Unemployment statistics in Singapore

 

With a 2.2% unemployment rate recorded in the first quarter of 2019, unemployment statistics in Singapore remains one of the lowest amongst in the world.

Despite what seems like a healthy unemployment statistics, Singapore has been experiencing a slowdown in the economy, after 2018’s robust growth, where unemployment rate was averaging 2.1% throughout the year. While 2018’s lower jobless rate was driven by expansionary economic activities anticipated towards the end of 2017, this came to a standstill as layoffs rose and vacancies began a steady decline in December 2018.

 

Amongst residents, unmployment statistics held steady at 3.0% from December 2018, while that of citizens rose from 3.1% in last year’s fourth quarter to 3.2% in the first quarter of 2019. Employment, which is typically higher during festive season was 14,700 around 2018 Christmas, but dropped to 10,700 during Q1 of 2019. Note that this Q1 figure is still higher than the number of employment during the same period a year ago, by 400. The bulk of the increase in domestic employment can be ascribed to the service sector, with community, personal and social services leading the race.

 

Unemployment statistic in Singapore ascribe the recent rise in the layoff of manufacturing workers – primarily those making electronics. They represent 18% of the total layoffs in 2019, while wholesale workers are a close second with 16% retrenchment in the industry.

 

Although restructuring has been cited as the primary reason for retrenchment in these industries, previous data show a trend of increasing high costs in the affected industries, so that could have been responsible for the decision to layoff workers in them.

 

Reentry of those who’ve been layed off remains relatively high, at 66%, with most of them reentering the service sector, but certain demographics still remain out of jobs, particularly those in their 20’s and those with non tertiary education – or post secondary school certificates.