Can EP holders be appointed as directors in a company other than the one their pass was originally approved for? Yes, Employment Pass (EP) holders can be registered as directors of another company, apart from the company under which their pass was approved, but only if they have obtained a Letter of Consent (LOC) from … Read more
Business Process Automation: Optimizing Your Workflows for Greater Efficiency with Xero Business Process Automation (BPA) leverages technology to automate routine tasks, enhancing operational efficiency and reducing errors across business operations. What is Business Process Automation (BPA)? Business Process Automation (BPA) involves using technology to automate repetitive tasks, which helps reduce manual labor, cut costs, and … Read more
12 Powerful Xero Integrations & Add-ons to Grow Your Business Xero is one of the world’s leading accounting platforms—especially popular with small businesses. It strikes the ideal balance between being powerful enough for professional accountants and intuitive enough for non-finance teams. But the real magic happens when you start integrating Xero with other tools. Xero’s … Read more
Common Mistakes to Avoid When Using Xero in Singapore At WLP, we’ve seen firsthand how cloud accounting platforms like Xero can transform operations for small and medium-sized enterprises (SMEs) across Singapore and Southeast Asia. Xero brings enterprise-grade accounting tools within reach of smaller businesses, offering improved financial visibility, streamlined operations, and smarter decision-making. But while … Read more
The One Thing You Can Never Delegate in Your Business: Your Finances In today’s fast-paced business world, there’s a temptation to delegate as much as possible to focus on growth, strategy, and customer relations. As an accounting firm, we often hear clients talk about delegating various aspects of their operations, but there’s one area that … Read more
Manage Your Project Costs with Xero’s Job Costing Software – and Get Help from WLP Keep your projects profitable and under control with Xero’s intuitive job costing software—designed specifically for small businesses. Accurately track project costs, generate quotes with confidence, and monitor profitability in real time. Manage everything in one place, and use the Xero … Read more
E-commerce Accounting in Singapore: A Complete Guide for Online Businesses The e-commerce sector in Singapore has been rapidly expanding, reshaping the retail landscape and opening up both new opportunities and challenges for business owners. As Singapore continues to solidify its role as a digital commerce hub in Southeast Asia, implementing sound accounting practices is essential … Read more
Registering as a Seller on TikTok Shop Your TikTok Shop seller journey begins with the account registration process. You can register as either a corporate seller or an individual seller. Corporate Sellers To register as a corporate seller, you must represent a business that is officially registered with the Accounting and Corporate Regulatory Authority (ACRA) … Read more
Charting Your Financial Future: The Power of Purpose and People in Accounting In the dynamic world of business, clarity of purpose and collaboration are key to success. What is your destination? Defining Your Financial Destination WLP cannot emphasize enough the importance of having a clear mission. For businesses, this translates to setting specific financial goals—be … Read more
Your Financial Future: Two Paths Ahead In the dynamic landscape of business, every decision you make today shapes your financial trajectory for the next decade. Much like personal growth, your financial journey is a series of choices that can lead to prosperity or decline. The Crossroads of Financial Decisions Whether you’re launching a new venture, … Read more