Professional Services

Accounting, Payroll & Related Services

New start-ups or companies wishing to concentrate on their core business can outsource their financial and accounting functions to us, thereby avoiding the need to employ full-time personnel for these duties.

We provide a wide range of value-for-money outsourced services, such as the following:

• Partial to Full set of accounts, to be conducted onsite; at client's premises or offsite at Cynergy's office. Bundles of services includes;
  • Set up of systems relating to the following
    • Set up of accounting system, payroll system, chart of accounts, CPF registration & appointment of users, GST registration & appointment of users
  • Sales function
    • Issuing sales orders/invoices & their respective colections
    • Issuing of Statement of accounts & monitoring of credit limits
    • Ensuring Sales data from cashiers/Point of sales systems are correct
    • Tracking of collections
  • GST function
    • Review of GST & submission
    • Handling of account undergoing audit by GST department
    • Managing appeals/audit with GST department
  • Purchase function
    • Reviewing of purchase orders vs delivery orders
    • Payment of vendors
  • Handling of Payroll & related matters such as payroll administration, submission of CPF, IR8A, IR8E, etc
  • Reporting function
    • Customised management report
    • Cash flow managment
    • GST review & reporting
    • Review of account receivables
    • All other related reports

Corporate Secretarial Services

• We can provide the full suite of corporate secretarial services such as
• Chartered company secretary
• Company incorporation and related filings
• Custody and maintenance of statutory books and records
• Preparation and filing of statutory returns in compliance with the Companies Act; Cap 50
• Convening the annual general meeting
• Preparation of other minutes and resolutions
• Advice on matter pertaining to the Companies Act requirements and company secretarial practices.

Taxation Services

• We have experienced tax personnel to provide tax compliance, advisory and planning services (for individuals as well as for companies) such as
• Draft tax computation
• File Form C and annual returns
• Manage appeals/disputes of tax assessments

Business Advisory Services

Our business advisory services are the pinnacle of the integration of all our core services.

Cynergy will operate and handles all local backroom funcitons. Cynergy will managed the entire process of setup to the date where the operations go live. After which, the backroom functions of the local setup will be managed and operated by Cynergy.

One of the greatest benefits for our clients is having leadership on the ground. Our clients will be able to focus on business development while leaving all other issues to Cynergy.

Some examples are:

• Setup of companies and bank accounts
• Integrated one-point communication and accontability.
  • By liaising with all local vendors, such as architect, designers, contractors, movers, property agents, relocation agents, lawyers, insurance agents;
  • By liaising with all government agencies;
  • Therefore, saving the parent company the need to managed this convoluted process

Some of our clients are:

• Overseas/Local franchisees who does not have the time or competence to handle backroom functions
• Overseas companies setting up their Singapore operations in F&B, retail and investment related industries