Accounting software · Singapore SME

Accounting software for Singapore SMEs, fit to the local operating surface.

Accounting software for a Singapore SME has to handle more than a generic chart of accounts. It has to fit the 9% GST rate, the SGD 1M registration threshold, the F5 quarterly return, the InvoiceNow timeline, SFRS, and the bank feeds and payroll journals a Singapore business actually uses. Accountant Included is being built around that local surface, with an agent that drafts the work and a review queue that keeps the owner in charge of the final sign-off.

Choosing between the options

Start with the editorial guide if you are comparing tools.

If you are still weighing accounting software against other Singapore options — mature cloud platforms, AI-led tools, and full-service accounting firms — start with the editorial guide to the best accounting software for Singapore SMEs. That page lays out the three shapes side by side and the questions a Singapore SME should answer before picking one. The page below is the product fit for Accountant Included specifically; the editorial guide is the fit guide for the market.

  • Editorial guide: best accounting software for Singapore SMEs (shape-by-shape).
  • Product fit: Accountant Included for Singapore SMEs (this page).
  • Bridge pages: choosing accounting software in Singapore; accounting services vs AI software.

The Singapore operating surface

GST, F5, InvoiceNow, SFRS, and Singapore bank and payroll feeds.

A Singapore SME does not just need "accounting software". It needs software that handles the local standards, the local tax cycle, and the local e-invoicing timeline. Accountant Included is being built to cover the practical surface a Singapore SME has to operate in:

  • 9% GST on standard-rated supplies, with the SGD 1M registration threshold clearly marked.
  • IRAS Form F5 quarterly return, with review packs assembled from coded transactions and source evidence.
  • InvoiceNow / PEPPOL for GST-registered businesses, on the IRAS and IMDA timeline.
  • SFRS-aligned chart of accounts and standard-cited reasoning.
  • Bank CSV and statement imports for DBS, OCBC, and UOB, with planned direct feeds.
  • Payroll journal adapters planned for Talenox, Payboy, Whyze, BrightPay, and Xero Payroll; manual journals and CSV imports are the path today.

The product shape

Drafting, review queue, reasoning log, audit trail, period close.

The product is designed so the agent does the drafting and the human does the deciding. The review queue surfaces the items that need a judgment call. The reasoning log records the standard cited, the alternatives considered, the confidence, and the source evidence. The audit trail preserves what was approved, by whom, and when — and the posted records are immutable so corrections happen through reversal or adjustment, not silent edits.

The cost shape

$39 per month, unlimited seats, no per-user tax.

The pricing model refuses per-seat tax. Operations, the bookkeeper, the adviser, and the founder can all be added without changing the subscription. One million tokens are included per month; each additional million is $39. Early-access members get 3 months free when paid subscriptions open, with unlimited tokens in the first month.

What it does not do

Professional advice and filing responsibility stay outside the software.

Accountant Included is being built to prepare, explain, and route the work. It is not a tax agent, and it does not file GST or corporate tax returns on the user's behalf. The filing decision and the filing itself remain with the business and, where used, a qualified adviser.

Frequently asked questions

What is the best accounting software for a Singapore SME?

There is no single "best" — the right fit depends on the volume, the standards, and the workflows. For a Singapore SME that wants the local operating surface — 9% GST, IRAS F5, InvoiceNow, SFRS, and Singapore bank and payroll feeds — Accountant Included is being built as an agent-led option that drafts the work, prepares review packs, and keeps human approval in the workflow. Compare it against the tools you already use for fit, not on feature checklists alone.

How is Accountant Included priced?

Accountant Included is planned at $39 per month for Singapore SMEs. One million tokens are included; each additional million is $39. Seats are unlimited. Members of the early-access list get 3 months free when paid subscriptions open, with unlimited tokens in the first month.

Does it handle Singapore GST at 9%?

Yes. The Singapore launch surface covers 9% GST, the SGD 1M registration threshold, standard-rated, zero-rated, and exempt supplies, and the F5 quarterly return. The agent classifies supply types against IRAS guidance and records the rule it used so a reviewer can verify the basis.

Does it handle IRAS F5 filing?

Accountant Included prepares the F5 review pack from coded transactions and source evidence. The product does not transmit the return to IRAS, and lyf • incld is not a tax agent. The filing decision and the filing itself remain with the business and, where used, a qualified tax agent.

Does it support InvoiceNow?

InvoiceNow and PEPPOL intake is a planned adapter for the Singapore launch. Until each surface is live, the practical path is structured invoice data, PDF imports, and manual review. The agent treats PEPPOL messages as structured evidence so the source stays attached to the accounting work.

Does it work with Singapore bank feeds?

Bank CSV uploads and statement imports are the always-available baseline. Live direct feeds for DBS, OCBC, and UOB are planned for the Singapore launch, with manual journal entries and CSV imports as the path today.

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