GAAP has developed accounting software that is specifically targeted at the MCST market. Such focus enables MCST accounts to be done at a quicker pace saving both time and costs. The accounting software gives access to our MCST auditors enabling a faster and smoother process of audit of MCST accounts. Such a process and access helps to lower the costs of MCST audit. The accounting software is FREE for all MAs and council members using our services.
In addition to providing customized accounting software for the MCST market, we also provide outsource accounting service to MA and also MCST.
By engaging our outsource accounting service Managing Agents and MCST can save up to 30% to 50% of accounting costs versus managing their own in house accounting department. In addition to financial savings, GAAP provide expertise unparalleled as all MCST accounts are managed by Certified Accountants (CAs) registered with the Institute of Singapore Certified Accountants (ISCA).
Managing Agents no longer require in-house accounting and office support personnel. GAAP state of the art accounting solution now provides you with accounting and estate supporting services via the internet. All transactions are archived with real time access and also referenced for auditors and council members during AGM and if required on a daily basis.
Accounting/bookkeeping is done on a monthly basis at 30 % to 50% lower than current costs giving real time financial reports to council members.
Functions traditionally performed by office service supporting MA is done via estate portal, enabling unit residents to find out information on a 24/7 basis with dedicated unit password.
GAAP will provide you with 6 main important resources to beat even the largest MA with in-house accounting department.
1. Audit for MCST accounts seamless with our accounting process.GAAP have the experienced human resources, software, I.T. personnel, process and speed. Due to economies of scale we are able to do MCST accounts at the most competative costs. Compare your current costs versus GAAP
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