Accounting Services Cost in Singapore in 2026- Pricing, Packages, and Key Cost Factors

The cost of accounting services is an essential consideration for every small business in Singapore. Yet, understanding how accounting fees are structured is not always easy. Some firms advertise packages starting from S$60 or S$75 per month, while others charge more than S$1,000. What each price includes is not always clear, and many business owners only realise the differences after they have already signed an agreement.

In 2026, with stricter digital reporting requirements and tighter compliance standards, choosing the right accounting support is no longer optional. Proper accounting protects your business from penalties, supports better financial decisions, and ensures that your statutory filings are accurate and on time.

This guide explains the real cost of AI accounting software in Singapore, what affects pricing, what small businesses realistically pay, and how to choose the right accounting partner with confidence.

What is the Average Cost of Accounting Services in Singapore in 2026?

The price of accounting services in Singapore in 2026 varies widely from one business to another. Most companies pay between S$60 and S$1,000 each month, depending on how active the business is and the level of compliance workinvolved.

Very small or inactive companies usually pay less than S$100 per month, as they require only basic record-keeping and annual filings. Businesses with regular transactions, staff payroll, or GST obligations generally pay higher fees because their accounts require closer monitoring, more frequent reporting, and additional statutory submissions.

How Much Does Accounting Cost in Singapore for Small Businesses?

For most small businesses in Singapore, accounting fees vary depending on the business’s activities and the compliance requirements. The table below shows what SMEs realistically pay.

Typical Accounting Services Cost in Singapore (Monthly)

These ranges reflect standard market pricing across professional accounting firms in Singapore.

What Are Typical Accounting Fees by Business Type in Singapore?

Accounting fees in Singapore vary according to the size of the business and the amount of work required. Smaller companies usually need only basic support, while larger or growing firms require more regular accounting and compliance services. The table below shows the typical monthly fees by business type.

What Factors Affect Accounting Services Fees in Singapore?

Accounting fees vary because businesses operate differently. The most common pricing factors include:

• • Bookkeeping frequency: Monthly or weekly reporting costs more than annual filing.
  • Number of transactions: Higher volumes require more processing time.
  • Payroll management: Salary processing, CPF contributions, and leave tracking add complexity.
  • GST filing requirements: Quarterly GST reporting increases compliance work.
  • Accounting software used: Cloud systems may affect fees.
  • Quality of records submitted: Well-organised documents reduce time and cost.

Important note: Under IRAS regulations, businesses must keep proper accounting records for at least five years. Even tiny companies usually need some level of professional bookkeeping support.

How Much Do Bookkeeping Services Cost in Singapore?

Bookkeeping forms the foundation of all accounting work. Accurate bookkeeping ensures smooth tax filing, audit readiness, and reliable financial reporting.

Typical Monthly Bookkeeping Fees in Singapore

What is the Cost of Monthly Accounting Services in Singapore?

Monthly accounting packages generally range between:

• S$150 – S$300 for small companies
• S$300 – S$600+ for growing SMEs

These packages often include:

• Monthly bookkeeping
• Bank reconciliations
• Management accounts
• Compliance reminders
• Basic advisory support

How Much Do Tax Filing and Compliance Services Cost in Singapore?

Indicative Tax Filing and Compliance Fees (2026)

All statutory filings must be submitted to ACRA and IRAS.
ACRA website: https://www.acra.gov.sg
IRAS website: https://www.iras.gov.sg

How Does AI Account Software Affect Accounting Costs in Singapore?

Many businesses now use AI-powered accounting software to reduce manual data entry and improve efficiency. These systems can automatically categorise transactions, match bank statements, and highlight unusual entries.

While AI tools reduce processing time, they do not replace professional accountants. Human review remains essential for tax computations, statutory filings, and regulatory compliance.

What AI Account Software Can Help With

• Automated transaction categorisation
• Faster bank reconciliations
• Basic reporting and exception alerts

AI works best when combined with professional accounting oversight.

Comparison of Traditional Accounting Firms vs Accounting Software vs Hybrid Services (AI + Accountant)

Businesses today usually choose one of three approaches: using software only, working with a traditional accounting firm, or a hybrid model combining AI tools with professional accountants.

Comparison of Accounting Options in Singapore

How to Estimate the Cost of Accounting Services for Your Business

You are likely to fall in the lower fee range if:

• You have fewer than 30 transactions per month
• You are not GST-registered
• You do not run payroll

You may need a mid-range or premium package if:

• You issue invoices regularly
• You employ staff
• You want monthly financial reporting

Conclusion

The cost of accounting services in Singapore in 2026 depends mainly on your business activity, compliance needs, and growth stage. While fees can range from S$60 to over S$1,000 per month, choosing the right accounting partner ensures accuracy, compliance, and long-term financial clarity.

A trusted AI accounting firm not only keeps your books in order but also supports better decisions and sustainable business growth.