Accounting for SMEs in Singapore: Importance and 5 Essential Tips
Small and Medium Enterprises (SMEs) make up a staggering 99% of all businesses in Singapore, contributing significantly to the country’s economic growth. However, due to limited resources and manpower, SMEs often prioritise day-to-day tasks, sales, and marketing over accounting— despite its importance in ensuring long-term success. In fact, proper accounting for SMEs is essential for …
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