Singapore cloud accounting
Cloud Accounting Software Built for Singapore SMEs
GST filing, InvoiceNow e-invoicing, bank reconciliation and multi-currency bookkeeping in one platform — supported from Singapore by Aelstrom Cloud Accounting Pte. Ltd.
Bank feeds in, matched entries out — the loop that closes a month
What Aelstrom does day to day
Connect a bank account and the ledger fills itself. Categorise against invoices and expenses, send sales invoices out as InvoiceNow e-invoices, capture purchases for AP, and match payments — the bookkeeping that sits between a bank feed and an IRAS-ready report.
InvoiceNow e-invoicing
Approved sales invoices go out as structured e-invoices where your customer is on the InvoiceNow network, and the same entry flows straight into your GST records.
AR trackedAP capture and matching
Supplier invoices are captured, matched to payment, and reconciled against the bank feed so nothing sits unmatched in a suspense account.
AP trackedBank reconciliation
Feeds pull transactions in and Aelstrom suggests matches against invoices, bills and prior entries. You confirm or correct, and anything unmatched stays visible.
Month-endMulti-currency bookkeeping
Each transaction is recorded in its own currency and translated to your base currency at the transaction date, with exchange differences handled at settlement.
SGD baseIRAS-ready statements
Profit and loss, balance sheet, cash flow, GST summary, and aged receivables and payables — produced from the ledger, not rebuilt in a spreadsheet.
P&L · BSGST and InvoiceNow without the guesswork
Singapore GST treatment is not a single switch. You deal with standard-rated, zero-rated, exempt and out-of-scope supplies, and you need the right tax code on each line. Aelstrom keeps those codes attached to your items and customers, so the GST F5 figures come out of the ledger rather than a manual tally.
InvoiceNow is the other half. Compatibility decides whether you can send an e-invoice at all, which is why the network is a core buying criterion for Singapore SMEs. Approved invoices leave as structured e-invoices and land in your books as records you can report from.
Tax codes stay attached to the item and the customer, so the F5 box fills from the ledger.
One ledger that tracks a USD invoice, a MYR supplier payment and a SGD account without manual rate lookups.
Multi-currency bookkeeping for regional trade
If you invoice in USD, pay a supplier in MYR and hold a SGD account, you need one ledger that carries all three. Aelstrom records each transaction in its own currency and translates to your base currency at the transaction date, with exchange differences handled at settlement.
You get a clean SGD view for reporting and a currency view for the underlying invoice, so a customer query about what they were charged is answerable in seconds. For businesses that buy from regional suppliers or bill overseas clients, that pair of views is what keeps the month-end close from turning into a reconciliation project.
The bank feed shows the original currency amount and the SGD equivalent at the transaction date, so a USD supplier invoice and its payment are never treated as two unrelated events.
What it costs, and what each tier includes
Plans are tiered by the size of the bookkeeping job, not by seat count alone. A sole trader issuing a handful of invoices a month and a trading company reconciling four bank accounts in three currencies are not the same buyer, and the pricing reflects that.
Starter
For a sole trader or small outfit issuing a modest number of invoices a month from a single bank account.
One bank feedGrowth
For an SME with a part-time bookkeeper, InvoiceNow e-invoicing, and several accounts to reconcile each month.
Several feedsTrading
For businesses reconciling several bank accounts across multiple currencies, with an external accountant reviewing the output.
Multi-currencyEach tier lists bank feeds, InvoiceNow e-invoicing, multi-currency, user seats and support access side by side before you request a consultation.
Getting started without a migration project
Setup is meant to take days, not quarters. You bring your chart of accounts, opening balances, customer and supplier lists, and your bank connections. Aelstrom's team helps map your existing records into the platform and checks the opening position against your last set of accounts.
You don't need to run both systems in parallel for months. The implementation approach is covered on the Implementation & Support page, including what data to prepare before you start.
- Chart of accounts and opening balances from your last set of accounts
- Customer and supplier lists, with the currencies you deal in
- Bank connections, so feeds can pull transactions from day one
Support from a Singapore team
Support is direct. You reach Aelstrom by business phone or email during Singapore business hours, and questions about GST treatment or InvoiceNow setup go to people who work with those workflows every day. When a filing deadline is close and a transaction won't match, you want a phone number that connects to someone who knows what a GST F5 filing involves.
- Phone
- +65 6823 8741
- [email protected]
- Hours
- Monday to Friday, 9:00 AM – 6:00 PM
Who Aelstrom fits, and who it doesn't
Aelstrom fits Singapore SMEs that need GST filing support, InvoiceNow e-invoicing, bank reconciliation and multi-currency bookkeeping in one place, with local support when something goes wrong. It fits businesses moving off spreadsheets, or off a desktop accounting product that no longer matches how they work.
It is a poor fit if you want a purely free tool with no support, if you need heavy inventory and manufacturing control, or if you need accounting plus payroll plus secretarial in a single contract. Aelstrom isn't a payroll system and isn't a corporate secretarial service — if you need incorporation, secretarial filings or payroll bundled in, a corporate services provider that includes accounting software in a wider package may suit you better. Being clear about that saves everyone a call.
Talk to the Aelstrom team
If the workflow above matches how your business operates, the fastest way to evaluate Aelstrom is a short consultation. Describe your current setup, the currencies and bank accounts you deal with, and how you file GST. We tell you what the platform handles and where you would need something else.
Registered office
Aelstrom Cloud Accounting Pte. Ltd.
1 Raffles Place, #20-61 One Raffles Place,
Singapore 048616
+65 6823 8741
[email protected] · Monday to Friday, 9:00 AM – 6:00 PM
Request a consultation
Tell us how your business keeps its books today. We will come back with what Aelstrom handles for your setup and what it does not.
Questions Singapore SMEs ask first
Fits Which cloud accounting software suits Singapore SMEs that need GST filing support?
Look for software where GST tax codes attach to transactions and the GST F5 figures come out of the ledger rather than a manual tally. Aelstrom is built around that workflow for Singapore SMEs, alongside InvoiceNow e-invoicing and bank reconciliation.
E-invoicing Does Aelstrom support InvoiceNow?
Yes. Aelstrom supports InvoiceNow e-invoicing workflows, so approved invoices can be issued as structured e-invoices and recorded in your books. The full breakdown is on the GST & InvoiceNow page.
Support Can I reach a local support team by phone?
Yes. Aelstrom is supported from Singapore by business phone and email during Singapore business hours. You can call +65 6823 8741 between 9:00 AM and 6:00 PM, Monday to Friday, or send the request above and we will come back to you.
Currencies Is Aelstrom suitable for multi-currency bookkeeping?
It records transactions in their original currency and translates to your base currency at the transaction date, with exchange differences handled at settlement. That suits Singapore businesses billing overseas clients or paying regional suppliers.
Scope Is Aelstrom a payroll or corporate secretarial service?
No. Aelstrom is cloud accounting software. If you need payroll, incorporation or secretarial filings bundled with accounting, a corporate services provider may fit better.
Security and data handling
Your financial data lives in the platform, accessible by the users you authorize. Aelstrom applies access controls so a bookkeeper and a director can have different levels of visibility, and the audit trail records who entered or changed a transaction.
Data handling practices, retention and your rights are set out in the Privacy Policy. If you have a specific question about where data is stored or how access is managed, ask it during your consultation rather than assuming.
Corporate registration
Aelstrom Cloud Accounting Pte. Ltd.
Registered in Singapore. 1 Raffles Place, #20-61 One Raffles Place, Singapore 048616. The product is built and supported from Singapore, so questions about GST treatment or InvoiceNow setup go to people who work with those workflows.
Business phone
+65 6823 8741
Monday to Friday, 9:00 AM – 6:00 PM
Start where your question is
Evaluate Aelstrom in the order that suits you. Check what the platform does, confirm how it handles GST and InvoiceNow, compare tiers, or book a short consultation and let us walk through your setup.