XERO Cloud Accounting Software Singapore

XERO Cloud Accounting Software is now available as a pre-approved solution by IMDA and Enterprise Singapore under the Productivity Solutions Grant (PSG).

With the PSG, get up to 50% government subsidy for Xero.

Timcole is a certified Xero Gold Partner and one of the few pre-approved IMDA vendor for PSG funding in Singapore.  Check out Xero PSG packages below.

#1 Cloud Accounting Software

GST Compliance with IRAS

More than 4,500,000 Users

Daily Automatic Backups

About PSG Subsidy for Xero

PSG stands for Productivity Solutions Grant.

It is a grant launched by the Singapore Government with aims to automate business operation and improve productivity. The PSG supports companies interested in adopting pre-scoped IT solutions and equipment to enhance business processes.

Along with supporting sector-specific solutions for various industries including food, retail, engineering, construction and more, PSG also offers funding to solutions that can be used in all or most industries, such as in areas of data analytics, customer management, inventory tracking and financial management.

The Supplementary Budget 2020 has announced that further enhancement will be made to encourage business enterprises to start or continue their digitalization and productivity upgrading efforts. Thus, funding support level will be raised up to 50% from 1 April 2020 to 30 September 2021 (extended as announced under the Resilience Budget).

Xero is one of the few selected financial management solution by IMDA and Enterprise Singapore. It is a cloud accounting software widely used around the world and proves to save time and money on its easy to use accounting platform. As a pre-scoped solution, Singapore businesses can get 50% PSG subsidy (and other additional bonuses) for Xero from approved PSG vendors.

Xero PSG Packages

Are you Eligible to Apply for Xero PSG?

Registered company and operating in Singapore

Minimum 30% Singaporean shareholding

Have a minimum of 30% local shareholding; with Company’s Group annual sales turnover less than S$100 million, OR less than 200 employees (for selected solutions only)

Xero Features to Run Every Aspect of Your Business

Dashboard

Track your overall cash transactions at your customizable Xero dashboard.

E-Invoicing

Send online invoices with online payment options to maintain a healthy cash flow.

Inventory

Manage stock, track inventory and easily add items into orders and invoices.

Bank Connections

Connect Xero to your bank for automatic transactions flow each business day.

Bank Reconciliation

Keep track of the money flowing in and out of your account with daily updates.

Expense Management

Record expenses and receipts online for easy management.

Secured Information

All your business data and information are securely stored in Xero.

Pay Bills

Pay bills on time with less office administration and improve your cash flow.

Xero Mobile App

Track and manage transactions whenever and wherever you are.

XERO Plans with 50% PSG Subsidy

Package 1

$336Exclude GST
  • Usual Price: $672
  • 1 year Subscription of Xero (Standard Edition)
  • Send Invoices + Quotes
  • Enter Purchase Order + Bills
  • Reconcile bank transactions
  • Capture bills and receipts with Hubdoc
Get Quote

Package 2

$440Exclude GST
  • Usual Price: $880
  • 1 year Subscription of Xero (Premium Edition)
  • Send Invoices + Quotes
  • Enter Purchase Order + Bills
  • Reconcile bank transactions
  • Capture bills and receipts with Hubdoc
  • Handle multiple currencies
Get Quote

Package 3

$1,028Exclude GST
  • Usual Price: $1,964
  • Everything in Package 1
  • +
  • Professional services (Under Package 3)
  • User Training
Get Quote

Package 4

$1,944Exclude GST
  • Usual Price: $3,684
  • Everything in Package 2
  • +
  • Professional services (under package 4)
  • User Training
  • Data Migration Services
Get Quote

Package 5

$2,749Exclude GST
  • Usual Price: $5,189
  • Everything in Package 4
  • +
  • One year data migration service
  • +
  • Professional services (under package 5)
  • User training (8 hours)
Get Quote

About Timcole

Timcole is a professional company incorporation, secretarial and accounting firm in Singapore.

It is a Xero certified Gold partner and one of the few pre-approved IMDA digital solution vendor for PSG funding in Singapore.

Visit website: https://timcole.com.sg/

Over 2 million+ businesses worldwide are using Xero.

Are you ready to join them?

Check your company eligibility for the PSG now.

Get a Free Consultation