Take your Accounting Online with Xero & Receive up to 50% Funding
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Productivity Solutions Grants for Accounting Software
To get this deal, the provider needs approval from Enterprise SG1.
W.L.P. Group doesn’t just help companies start up. They also offer special deals on Xero accounting software for small businesses. This deal helps businesses save up to 50% of the cost because of a special grant.
PSG Grants Up to 50% Funding
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FAQs
What Is PSG Grant solution?
W.L.P Group helps start businesses with company incorporation services. They offer a special deal on Xero Accounting Software. This software helps businesses with money tasks. It also helps with other things like keeping track of items and online payments. Plus, it meets all IRAS rules.
The government in Singapore has a program called the Productivity Solutions Grant (PSG). This program can pay up to 50% for tools like Xero. This makes it easier for small businesses to use good tools without spending too much.
W.L.P Group also gives advice on HR shared service. This means they help with staff and worker things. Using the Xero software can help businesses save money and work better.
What is XERO cloud accounting software?
Xero is a type of software that you use on the internet. Instead of putting it on just one computer, you can use it on a website like xero.com. Ten years ago, not many softwares were used this way. Now, many softwares are on the web, including ones for accounting like Xero.
XERO | Start-up package (for new companies)
Productivity Solutions Grants for Accounting Software | START-UP PSG Grants for Accounting Package Includes:
- Xero Subscription Fees (1 year)
- Xero Initial Set-up
- Customization of Dashboard
- Invoice Templates
- Chart of Accounts
- Tracking Categories
- Linkage of Banking Accounts
- Initialization of User Access Rights
Training Session for User(s)
- Personalized Training
- Customized Modules
- Chart of Accounts
- Training Materials
- Certification of Completion
*Call us at +65 6493 2970 for a free Xero Set-up consultation (PSG Grants Up to 50% Funding) and quotation. Any questions regarding Xero for SMEs in Singapore or PSG grants for accounting.
XERO | Booming Package
Xero | BOOMING Package Includes:
- Xero Subscription Fees (1 year)
- Xero Initial Set-up
- Dashboard Customization
- Billing documents
- Accounts Chart
- Keeping an eye on groups
- Connecting bank accounts
- User Access Rights Initialization
- Xero Opening Balance Migration:
- Set-up is balanced by conversion.
- Balance on Accounts Receivable Move (migration)
- Balances on accounts payable Move (migration)
- Training Session for User(s)
- Personal Training
- Personalized Modules
- Teaching materials
- Verification of Completion
*Call us at +65 6493 2970 for a free Xero Set-up consultation (PSG Grants Up to 50% Funding) and quotation. Any questions regarding Xero for SMEs in Singapore or PSG grants for accounting.
Why W.L.P Group? (Hint: We are the one of the PSG approved vendors?!)
W.L.P Group started in 2013. We help over 1,000 small businesses with their money and taxes. We also help them use a tool called Xero.
We are approved by a group called Enterprise SG. This means we can offer special services with government help.
We are really good at helping new companies grow. We have helped many founders make plans for their businesses. We also help them with Xero in Singapore. The government can help pay for half of this.
Many big companies like us. They like how we give personal attention. They also like how we mix accounting and secretarial work.
Since 2016, W.L.P Group is a special partner with XERO.
FAQs about Accounting PSG Grant
What is the requirements and eligibility for the accouting PSG grant?
- Looking to take advantage of PSG Grant for accounting software? In order to qualify for the Xero PSG Grant, your company must fulfil the following criteria:
- Your company should be a Small or Medium Enterprise (SME). It should mostly work in Singapore.
- To claim PSG grants for accounting, local Shareholding of the company must be at least 30%.
- Annual Sales Turnover must not exceed S$100 Million. And the company must not have more than 200 employees
How can I clain the accouting PSG grant after angaging accounting services with a firm?
Step 1 – Contact W.L.P for a free consultation regarding the Xero PSG Grant. We will tell you if your business is suitable and meets the PSG Grant prerequisites. We will also give you more details about the PSG Grant and companies that we’ve helped set up Xero for. We will also tell you about the claim process to get the 50% subsidy from the government.
Step 2: Go to the Business Grants Portal. Apply for the Xero PSG Grant.
Step 3 – Acceptance of W.L.P quotation and make payment of 50% of invoice value for work commencement.
Step 4: Get ready to set up your Xero account. Talk with our accountants about moving data and starting up.
Step 5 – Settlement of the remaining 50% of payment for Xero. And accounting services upon completion of the set-up.
Step 6 – Submit invoices for claims on Business Grants Portal. (www.businessgrants.gov.sg).
Cover up to 50% of out-of-pocket expenses with SFEC
Using the Xero cloud accounting system is helpful for businesses. Here’s why:
- With Xero, you can easily check your money records.
- Xero helps you note down what you owe and what others owe you.
- You can quickly see how much money your business is making or losing.
- Xero also helps match your business bank details.
In Singapore, there’s a grant called PSG Grant. This grant pays up to 50% of the cost to get Xero. This means businesses can save money.
Still, Xero can’t do everything. It depends on how much you know about business money rules. There are some tricky tax rules. For example, the Government Service Tax (GST). Some business owners might not know all these rules. So, it’s good to have a person who knows accounting to help.
At W.L.P, we can help you with Xero:
- Xero Set-Up: We can start your Xero for you. This includes making your bills look nice and setting up your money details.
- Xero Learning: We teach you how to use Xero. From simple to hard tasks.
- Moving Data: We can move your old money details to Xero.
- Xero Help: If you have questions about Xero, call or email us. We have smart people to help you.
- Accounting Help: We make sure your Xero details are right. We also help with tax forms at the end of the year.
Applying for This Accounting Software Grant is Easier Than You Think
A lot of small business owners doubt the PSG Grant. Maybe you’ve never applied for a software grant or government grant before. Maybe this is your first time hearing about the PSG Grant.
But the process of applying for this government grant isn’t complex or difficult. Our consultants and accountants have helped many small business owners like yourselves in Singapore and everyone can see the benefit of easier accounting and lower bookkeeping costs after moving over to Xero.
Try it out for yourself today!
“Technology is not about fancy and expensive high-end solutions”
Enterprise SG (source)
- “Enterprise Singapore.” n.d. https://www.enterprisesg.gov.sg. ↩︎
