Documents require for proper book-keeping

GOOD ACCOUNTING PRACTICE

We realize most of the new start-ups have little knowledge of good book-keeping practice. Good accounting practice is beneficial to all businesses as it is a statement that gives insights of a business’s health. It is also mandatory that a business adopts proper accounting standards for annual reporting to the Inland Revenue Authority of Singapore (IRAS) for tax assessments.

We will share with you a systematic approach to adopt a proper book-keeping practice.

• Sales invoices in running sequence with mode of payment
• Sales Credit Notes & Debit Notes
• List of Trade Debtors in Aging format
• Payment Vouchers describing the nature of payments in running sequence
• Bank-in Slips and Cash Receipts describing the nature of receipts in running sequence
• Cheque butts stating clearly the cheques’ payees date, amount paid and nature of payments
• A complete records of payment vouchers for all of cheque payments
• Monthly bank statements
• Stock lists as at the current financial year 

If you need more comprehensive services, kindly visit us @ www.paramountassetscorp.com/corpservices/accounting.php to find out more how we can assist you in your business endeavors.