XERO Cloud Accounting Software Singapore
XERO Cloud Accounting Singapore is now available as a pre-approved solution by IMDA and Enterprise Singapore under the Product Solutions Grant (PSG).
With the PSG, get up to 50% government subsidy for Xero.
NorthTrust is a certified Xero Gold Partner and one of the few pre-approved IMDA vendors for PSG funding in Singapore. Check out Xero PSG packages below.
#1 Cloud Accounting Software
GST Compliance with IRAS
More than 3,000,000 Users
Daily Automatic Backups
About PSG Subsidy for Xero
PSG stands for Productivity Solutions Grant.
It is a Singapore Government grant that seeks to automate corporate operations and increase productivity. The PSG assists businesses that want to improve their business processes by using pre-specified IT solutions and equipment.
PSG also funds solutions that can be utilized in all or most industries, such as data analytics, customer management, inventory tracking, and financial management, in addition to sponsoring sector-specific solutions for diverse industries such as food, retail, engineering, construction, and more.
According to the Supplementary Budget 2020, more improvements will be implemented to encourage businesses to begin or continue their digitization and efficiency improvement efforts. From September 30, 2021, through March 31, 2022, the financing support level will be increased to 50%. (extended as announced under the Resilience Budget).
IMDA and Enterprise Singapore have chosen Xero as one of the few financial management solutions. It’s a cloud accounting software that’s used all over the world and saves time and money thanks to its simple accounting platform. Singapore companies can earn up to 80% PSG subsidy (plus other benefits) for Xero from approved PSG vendors as a pre-scoped solution. For more information you can find out here!
Are you Eligible to Apply for Xero PSG?
Subscription of the IT solutions or equipment must be used in Singapore
Registered company and operating in Singapore
Have a minimum of 30% local shareholding (for selected solutions only)
Xero Plans with 50% PSG Subsidy
Package A
- Xero Subscription Only
- Send invoices + quotes
- Purchase orders + bills
- Bank reconciliation and connection
- Manage fixed assets and Xero contacts
- Handle multiple currencies
- Captures data, files storage, products and services + GST returns
Package B
- Xero Basic Package W/O Historical Transactions
- Send invoices + quotes
- Purchase orders + bills
- Bank reconciliation and connection
- Manage fixed assets and Xero contacts
- Handle multiple currencies
- Captures data, files storage, products and services + GST returns
- Professional Services System set up and training sessions
Package D
- Xero Basic Package With Historical Transactions
- Send invoices + quotes
- Purchase orders + bills
- Bank reconciliation and connection
- Manage fixed assets and Xero contacts
- Handle multiple currencies
- Captures data, files storage, products and services + GST returns
- Professional Services System set up and training sessions
Package C
- Xero Premium Package W/O Historical Transactions
- Send invoices + quotes
- Purchase orders + bills
- Bank reconciliation and connection
- Manage fixed assets and Xero contacts
- Handle multiple currencies
- Captures data, files storage, products and services + GST returns
- Professional Services System set up and training sessions
- Customised invoice branding theme
- Fixed asset and inventory item setup
Package E
- Xero Premium Full Package With Historical Transactions
- Send invoices + quotes
- Purchase orders + bills
- Bank reconciliation and connection
- Manage fixed assets and Xero contacts
- Handle multiple currencies
- Captures data, files storage, products and services + GST returns
- Professional Services System set up and training sessions
- Customised invoice branding theme
- Fixed asset and inventory item setup
* Prices after PSG grant subject to eligibility
^ Different package available, please contact us for more information
About NorthTrust
NorthTrust is a professional company secretarial and accounting firm in Singapore.
It is a Xero certified Gold Partner and one of the few pre-approved IMDA digital solution vendors for PSG funding in Singapore
Are you ready to join them?
Check your company eligibility for the PSG now!
