Success Solutions

Taking the Accounting Burden Off a Malaysia-Based Consulting SME

A Malaysia-based SME providing B2B marketing and strategy consulting services had been operating in Singapore for over a year, but managing their finances across borders became a growing pain. With no in-house accountant, their founder was juggling invoices, bank statements, and tax deadlines alone — putting the business at risk of costly penalties.

They turned to Stars Bridge for help with accounting and tax compliance.

🧩 The Challenge

  • Lack of Bookkeeping Structure

    The business had no proper system to manage its monthly expenses, revenue tracking, or bank reconciliation.

  • Tax Filing Confusion

    They were unsure about IRAS deadlines, which forms to submit, or whether they needed to register for GST.

  • Founder Burnout

    The founder was spending hours every week managing finances instead of focusing on clients and growth.

🚀 How Stars Bridge Helped

  • Monthly Bookkeeping Made Easy

    • Cleaned up and categorized 12 months of past transactions
    • Set up a chart of accounts tailored to consulting revenue/expenses
    • Migrated records to system, giving the founder real-time access from Malaysia

  • Stress-Free Tax Compliance

    • Prepared and submitted ECI and Form C-S on time
    • Provided profit-and-loss summaries every quarter for business decision-making
    • Clarified GST registration threshold and helped the founder decide not to register yet (legally)

  • Ongoing Advisory

    • Sent monthly reminders and reports so the founder could review cash flow at a glance
    • Answered questions on IRAS notices, expense claims, and upcoming payroll needs

💡 Results at a Glance

  • ✅ Saved 15+ hours/month on bookkeeping and tax tasks
    📊 12 months of records cleaned and migrated to system
    ⏱️ 100% on-time submissions for ECI and Form C-S
    📈 Clear visibility on profit margins and cash flow
    ⚖️ $0 in IRAS penalties since onboarding Stars Bridge

“Before Stars Bridge, I was up late reconciling receipts and stressing over IRAS letters. Now, I just focus on clients — and they handle the rest. It feels like I finally have a team.”