SME Survival
Menu

Accounting challenges F&B companies face


​Irregular collection and transportation of Z reports, sales receipts and supplier invoices to HQ, resulting in accounting backlog.

​Manual entry of daily sales data from POS to accounts is manpower-intensive and costly. 

Manual process is time-consuming and error-prone.
​

Benefits of SME Survival accounting


​Strong focus on automated accounting.

Accounting best practice and system integrated with Hungry-Go-Where POS.

Focused on the F&B industry with pre-built P&L and balance sheet statements for F&B.

​Our team of professional accountants manages your accounting entirely, taking care of all accounting responsibilities including accounts receivables data entry for cash, card and invoiced payments, and accounts payables data entry for settlement of suppliers invoices.

​In addition, the profit & loss statement, balance sheet and analytics reports are automatically emailed to SME owners every month.


Reports can be consolidated by company or by individual outlet​.
Accounting task
Manual process
SME Survival accounting
Outlet manager sends hardcopy documents and Z reports to HQ
Weeks
Immediate
Lost supplier invoices
more than 15%
0%
Data entry into accounting module
Never ending 
Never
Employee job satisfaction
Low
Increased
Cost over time
Increasing as salaries rise
Low

Savings 


Savings at least $600/month in salary cost as there is no need to hire a part-time administrative assistant to perform daily sales data entry.

100% accuracy of daily sales data transferred from POS to accounting system since all sales transactions recorded in the POS is automatically pushed into the accounting General Ledger module.

​
100% timely submission of monthly / quarterly / yearly financial statements and tax documents to IRAS, avoiding expensive late submission fines.

API


​SME Survival encourages the use of software applications with open API.

When software applications adopt an open API business model, F&B companies can be assured that their applications can be integrated at any time necessary.

SME Survival FAB Accounting and FAB HR API is shared to be integrated with other 
software applications. 
​
fab_accounting_api.pdf
File Size: 94 kb
File Type: pdf
Download File

fab_hr_api.pdf
File Size: 92 kb
File Type: pdf
Download File

LOCATION
ADDRESS
SME Survival and Blubberbee are brands owned by Lee Wenyong & Co. Holdings Pte. Ltd.

391B Orchard Road, Level 22
Singapore 238874
SITE MAP
Home
​Fanpage
​Survival Blog
SIGN UP
Save cashflow. 
​Subscribe to SME Survival's professional HR and accounting to improve efficiency.
  • Home
  • Fanpage
  • Survival blog
  • HR Assistant Online Assessment
  • Accounting Assistant Online Assessment
  • Home
  • Fanpage
  • Survival blog
  • HR Assistant Online Assessment
  • Accounting Assistant Online Assessment