Ready to go back in time to know about Singapore history?
In 1947, the Accountant‑General’s Department (AGD) prepared Singapore’s first set of financial statements for the former crown colony—now the Republic of Singapore—laying the groundwork for state-level financial reporting. About 15 years down the line, the Singapore Society of Accountants (SSA), now the Institute of Singapore Chartered Accountants (ISCA) was established to regulate and unify the accounting profession. Founded by just six accountants over sixty years ago, ISCA has grown into a national institution with more than 37,000 members, representing roughly one in every 160 Singaporeans.
Similar to accounting, Singapore’s reputation as a global business hub didn’t happen overnight, too. Its journey began centuries ago. At the heart of this story, is the thriving small and medium business community, which makes up over 99% of Singapore businesses, contributing nearly half of the GDP and employing 70% of the workforce.
Given the rich history of accounting and the vision of a digital economy, the need for smarter, better connected financial tools is more relevant than ever. This is where the Zoho Finance Suite comes in: built to help growing businesses manage their finances, streamline operations, and stay compliant in a fast-changing regulatory landscape.
Tailored for your market
We are super excited to launch Zoho Books for Singapore, today, to help businesses simplify GST and e-invoicing compliance. And it's not coming alone; this launch is joined by the Zoho Finance and Operations Suite for Singapore, ensuring a truly integrated experience for businesses that goes hand-in-hand with Singapore's digital vision. With this launch, Zoho Books, along with other Zoho Finance solutions, now caters to 16+ markets with country-specific editions!
Whilst this is the official launch of the Zoho Finance Suite for the Singapore market, we already have several thousand customers using our global edition here. It's this trust from Singaporean businesses that inspired us to deliver a tailored solution for their market.
Zoho Books for Singapore
Zoho Books is built to help Singapore businesses stay compliant with GST regulations, offering automated tax calculations and IRAS-ready F5 return generation.
It also supports e-invoicing compliance through Peppol standards, and will soon offer integration with InvoiceNow. From May 2025, submission was made voluntary for existing GST-registered companies; by November 2025, it’s mandatory for new voluntary registrants within six months of incorporation; and by April 2026, it extends to all new voluntary GST registrants.
Beyond compliance, Zoho Books also supports the renowned PayNow payment method for faster collections and uses AI-powered receipt capture to automate expense recording. The solution offers robust features, including core accounting, inventory tracking, bank reconciliation, and project management along with advanced capabilities like audit trails, order management, budgeting, and workflow automation. The built-in Zoho Analytics integration, which comes with Zia, Zoho’s AI assistant, empowers businesses with smart dashboards, financial insights, and predictive reporting for better decision-making.
Other solutions in Zoho's Finance and Operations Suite for Singapore
Zoho Practice is a solution built specifically for accounting and bookkeeping professionals, helping them deliver client services efficiently. Workpapers, ledgers, financial insights, document and task management, and client portals are some of the key highlights of this solution.
Zoho Billing is a flexible billing platform that supports one-time billing and subscription management and ensures GST and e-invoicing compliance. It also offers AR automation, along with features like project billing, quote to cash (Q2C) workflows, and revenue reporting. Subscription capabilities include trial management, prorated and usage-based billing, customer lifecycle tracking, and retention tools.
Zoho Invoice is a free invoicing solution built for small businesses that helps manage receivables. It simplifies receivables management by enabling users to send quotes, and create customised, GST-compliant invoices with ease.
Zoho Expense is a comprehensive travel and expense (T&E) management tool that empowers employees to manage all stages of employee travel and automate expense reporting, allowing them to book flights, hotels, taxis, and trains in line with company policy. The system also supports automated per diem rules that are aligned with government regulations, helping streamline travel allowances and reduce administrative overhead.
Zoho Inventory helps manage inventory and track stock levels, while ensuring compliance with GST and e-invoicing requirements. It integrates smoothly with shipping providers and aggregators like Singapore Post and Easyship, supporting efficient and reliable order fulfilment. With built-in warehouse management tools, businesses can speed up order processing, enable location tracking, automate stock counts, set up low-stock alerts, and manage access with role-based permissions.
Zoho Commerce is a complete e-commerce platform that helps businesses create and manage online stores, accept orders, send GST-compliant invoices, process payments, manage shipping, and track inventory.
Make the switch today
The Zoho Finance suite is known for being an ecosystem enabler, with tight integration between multiple solutions on one platform catering to businesses of all sizes and sectors. And all these solutions are available for immediate use from today, both on the web and mobile (via both iOS and Android applications). So why wait?
If you're an existing customer and need migration support from the global edition to the Singapore Edition, do watch out for the in-product step-by-step guide, or you can reach out to us at support.sea@zohobooks.com.
If you're a new business willing to explore modern finance solutions, now's the right time for you to sign up and explore. Most Finance Suite solutions have a free trial period or a free plan that you can choose from. Alternatively, you can reach out to us directly for business migration or onboarding support. For the former, we provide end-to-end migration service for free (yes, you heard that right!).
With the launch of the Zoho Finance Suite for Singapore, we’re here to empower local businesses with tools that aren't just built for today’s needs—they're ready for tomorrow’s possibilities.
Here’s to stronger compliance, smarter finance, and seamless growth, all powered by Zoho.
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