Automate IRAS GST Form 5 filings, issue PayNow QR e-invoices, and auto-post payroll journals seamlessly from StraitsHR.
DIRECT INTEGRATION WITH SINGAPORE'S BANKING & CLEARING RAILS
Everything You Need to Run Your Business Finance
Engineered specifically around Singapore corporate statutory reporting, IRAS tax codes, and banking rails.
Pre-configured 9% standard-rated, zero-rated, and exempt tax categories. Auto-populate Boxes 1 through 8 for instant IRAS portal filing without manual spreadsheets.
Embed PayNow Corporate SGQR codes on customer PDF invoices for 1-scan payment collection. Fully compliant with Singapore IMDA Peppol InvoiceNow standard.
Seamless 1-click sync of monthly wages, employer CPF (17%), and SDL from StraitsHR directly into StraitsLedger General Ledger. Zero duplicate journal entries.
Full multi-currency support (SGD, USD, MYR, EUR, GBP) with automatic realized and unrealized FX gain/loss computations aligned with Singapore accounting standards (SFRS).
Import standard corporate bank statements and export GIRO payment files. Smart matching reconciles invoices, bills, and payroll disbursements in minutes.
Designed for corporate secretaries, accounting firms, and conglomerates managing multiple Singapore UENs under a unified console with granular team permissions.
See how StraitsLedger compares to generic legacy accounting software and fragmented spreadsheets.
| Core Capability |
StraitsLedger
Sovereign SG
|
Legacy Cloud SaaS (Xero / QuickBooks) |
Manual Spreadsheets (Excel / Google Sheets) |
|---|---|---|---|
|
IRAS 9% GST Form 5 Reporting
Automated Box 1–8 computation with standard/exempt codes
|
Native 1-Click e-Tax Return | Requires manual setup or costly 3rd-party tax app | High risk of formula error & IRAS audit penalty |
|
PayNow Corporate SGQR on Invoices
Instant mobile banking QR embedded directly on customer invoices
|
Included Standard (Instant Recon) | Requires external Stripe/integrator add-on with fees | Static text UEN, zero automated reconciliation |
|
InvoiceNow (Peppol) Direct E-Invoicing
Compliant with IMDA statutory framework for e-invoicing
|
Native IMDA Peppol Compliant | Multi-step setup with secondary access point gate | Not supported |
|
1-Click Payroll & CPF Journal Sync
Auto-post wages, employer CPF (17%), and SDL from HR into General Ledger
|
Native Sync with StraitsHR | Manual journal entry or S$80+/mo payroll plugin | Manual copy-paste across separate workbooks |
|
Pricing Transparency & FX Fees
True total cost of ownership for a growing Singapore SME
|
Transparent SGD (From S$19/mo) | Starts at S$70+/mo + surcharge for multi-currency | Zero software cost, but 20+ hours of lost admin time |
|
Data Sovereignty & Privacy (PDPA)
Singapore corporate data residency and strict regulatory jurisdiction
|
Singapore Sovereign Cloud | Foreign multi-tenant cloud storage | Unencrypted files vulnerable to device loss |
Worried about migrating from Xero, QuickBooks, or Excel? Our Singapore auto-mapper transfers your historical data with zero downtime.
Download your existing Chart of Accounts, Customers, Suppliers, and historical transactions from Xero, QuickBooks, or Excel as a standard CSV.
StraitsLedger automatically aligns your ledger codes with Singapore Financial Reporting Standards (SFRS) and applies current IRAS 9% GST rules in seconds.
Connect your DBS, OCBC, or UOB bank statement, verify your opening balance, and issue your first PayNow SGQR e-invoice immediately.
Our Singapore support team provides complimentary assisted migration for all Business Pro and Practice accounts.
A sovereign trio of Singapore business solutions engineered to communicate natively under one unified login.
The Sovereign Operating System
Master holding portal and unified corporate identity provider connecting accounting, workforce payroll, and statutory reporting under single sign-on.
IRAS Tax & General Ledger
Automate IRAS 9% GST Form 5, issue PayNow Corporate QR invoices, and maintain double-entry books with native InvoiceNow Peppol capabilities.
Cloud Payroll & Workforce Engine
Automated CPF 2026 statutory rates, itemized payslips, GIRO disbursement files, and 1-click payroll journal posting into StraitsLedger.
Predictable Plans for Growing Singapore Businesses
All plans include 14-day free trial. No credit card required. Cancel anytime.
For early-stage Singapore businesses
Includes StraitsHR Payroll Sync
For firms managing multiple client UENs
Everything you need to know about IRAS compliance, data security, and seamless migration.
Still have questions about Singapore tax rules or data migration?
Speak with our Singapore Accounting Specialists