WSQ , IBF, SkillsFuture, PEI Approved Training Provider

WSQ - Xero Essentials for SMEs: Streamlining Accounting and Tax Operations

Unlock the Power of Xero Accounting and Tax Systems for SMEs course empowers you to configure and import relevant data to Xero accounting system, input data accurately, and compute GST for expenses and invoices. You'll learn to manage accounting software efficiently, create expenses, purchase orders, bills, quotations, invoices, and credit memos.

Gain proficiency in Singapore Tax and Corporate Laws, enter GST for expenses and invoices, and generate comprehensive financial and accounting reports. The course covers essential topics such as setting up a company with Xero, bank accounts, and charts of accounts, ensuring you can manage and report financial data effectively.

Learning Outcomes

By the end of the course, learners will be able to 

  • LO1: Configure and import relevant data to Xero accounting system
  • LO2: Input data to Xero
  • LO3: Compute GST for expenses and invoices
  • LO4: Generate financial and accounting reports

Course Brochure

Download WSQ - Xero Essentials for SMEs: Streamlining Accounting and Tax Operations

Skills Framework

This course follows the guideline of Accounting and Tax System ACC-ICT-4001-1.1 TSC under Accounting Skills Framework

Certification

  • Certificate of Completion from Tertiary Infotech - Upon meeting at least 75% attendance and passing the assessment(s), participants will receive a Certificate of Completion from Tertiary Infotech.

  • OpenCerts from SkillsFuture Singapore - After passing the assessment(s) and achieving at least 75% attendance, participants will receive a OpenCert (aka Statement of Achievement) from SkillsFuture Singapore, certifying that they have achieved the Competency Standard(s) in the above Skills Framework.

WSQ Funding

WSQ funding is only applicable to Singaporeans and PR. Subject to eligibility, the funding support is subjected to funding caps.

Effective for courses starting from 1 Jan 2024
Full Fee GST Nett Fee after Funding (Incl. GST)
Baseline MCES / SME
$350 $31.50 $206.50 $136.50

Baseline: Singaporean/PR age 21 and above
MCES(Mid-Career Enhanced Subsidy): S'porean age 40 & above

Upon registration, we will advise further on how to tap on the WSQ Training Subsidy.


You can pay the nett fee (after the WSQ training subsidy) by the following :

SkillsFuture Enterprise Credit (SFEC)

Eligible Singapore-registered companies can tap on $10000 SFEC to cover out-of-pocket expenses.Click here to submit SkillsFuture Enterprise Credit

SkillsFuture Credit (SFC)

Eligible Singapore Citizens can use their SFC to offset course fee payable after funding but the $4,000 Additional SFC (Mid-Career Support) cannot be used. Click here for SkillsFuture Credit submission

UTAP

Eligible NTUC members can apply for 50% of the unfunded fee from UTAP, capped up to $250/year and for members aged 40 and above, capped up to $500/year. Click here to submit UTAP

Course Code: TGS-2020505315

Fee

$350.00 (GST-exclusive)
$381.50 (GST-inclusive)

The course fee listed above is before subsidy/grant, if applicable. We will apply for the grant and send you the invoice with nett fee.

Course Date

Course Time

* Required Fields

Post-Course Support

  • We provide free consultation related to the subject matter after the course.
  • Please email your queries to enquiry@tertiaryinfotech.com and we will forward your queries to the subject matter experts.

Course Cancellation/Reschedule Policy

  • You can register your interest without upfront payment. There is no penalty for withdrawal of the course before the class commerce.
  • We reserve the right to cancel or re-schedule the course due to unforeseen circumstances. If the course is cancelled, we will refund 100% for any paid amount.
  • Note the venue of the training is subject to changes due to availability of the classroom

Course Details

Topic 1: Introduction to Xero Accounting System

  • Overview of Xero Accounting System
  • Setup Company
  • Setup Charts of Account
  • Setup Bank Account
  • Import Data to Bank Account

Topic 2: Input Data to Xero

  • Create Expenses
  • Create Purchase Order and Bills
  • Create Quotation, Invoices
  • Create Credit Memo

Topic 3: Manage Goods and Services Tax (GST)

  • Singapore Tax and Corporate Laws
  • Enter GST for Expenses and Invoices

Topic 4: Financial and Accounting Reports

  • Profit and Loss (P&L) Report
  • Balance Sheet Report
  • Aging Report
  • GST Tax Return Report
  • Cash Flow Report

Final Assessment

  • Written Assessment - Short Answer Questions (WA-SAQ)
  • Oral Questioning (OQ)

Course Info

Promotion Code

Promo or discount cannot be applied to WSQ courses

Minimum Entry Requirement

Knowledge and Skills

  • Able to operate using computer functions with minimum Computer Literacy Level 2 based on ICAS Computer Skills Assessment Framework
  • Minimum 3 GCE ‘O’ Levels Passes including English or WPL Level 5 (Average of Reading, Listening, Speaking & Writing Scores)

Attitude

  • Positive Learning Attitude
  • Enthusiastic Learner

Experience

  • Minimum of 1 year of working experience.
  • Minimum 18 years old

Minimum Software/Hardware Requirement

Software:

You can sign up a cloud version of Xero Accounting

Hardware: Windows and Mac Laptops

About Progressive Wage Model (PWM)

The Progressive Wage Model (PWM) helps to increase wages of workers through upgrading skills and improving productivity. 

Employers must ensure that their Singapore citizen and PR workers meet the PWM training requirements of attaining at least 1 Workforce Skills Qualification (WSQ) Statement of Attainment, out of the list of approved WSQ training modules.

For more information on PWM, please visit MOM site.

Funding Eligility Criteria

Individual Sponsored Trainee Employer Sponsored Trainee
  • Singapore Citizens or Singapore Permanent Residents of age 21 and above
  • From 1 October 2023, attendance-taking for SkillsFuture Singapore's (SSG) funded courses must be done digitally via the Singpass App. This applies to both physical and synchronous e-learning courses.​
  • Trainee must pass all prescribed tests / assessments and attain 100% competency.
  • We reserves the right to claw back the funded amount from trainee if he/she did not meet the eligibility criteria.
  • Singapore Citizens or Singapore Permanent Residents who are DIRECT EMPLOYEE of the sponsoring company.
  • From 1 October 2023, attendance-taking for SkillsFuture Singapore's (SSG) funded courses must be done digitally via the Singpass App. This applies to both physical and synchronous e-learning courses.​
  • Trainee must pass all prescribed tests / assessments and attain 100% competency.
  • We reserves the right to claw back the funded amount from the employer if trainee did not meet the eligibility criteria.

 SkillsFuture Credit: 

  • Eligible Singapore Citizens can use their SkillsFuture Credit to offset course fee payable after funding.

 PSEA:

  • To check for Post-Secondary Education Account (PSEA) eligibility, goto mySkillsFuture portal and search for this course code.
  • Scroll down to "Keyword Tags" to verify for PSEA eligibility.
  • If there is “PSEA” under keyword tags, the course is eligible for PSEA.  
  • And if there is no “PSEA” under keyword tags, the course is ineligible for PSEA. 
  • Not all courses are eligible for PSEA funding.

 Absentee Payroll (AP) Funding: 

  • $4.50 per hour, capped at $100,000 per enterprise per calendar year.
  • AP funding will be computed based on the actual number of training hours attended by the trainee.

 SFEC:

  • If the Training Provider has submitted an enrolment for course fee grant claim in Training Partners Gateway (TPGateway), SSG would be able to derive SFEC funding based on this record. There is no need for enterprise to submit any claim request and the SFEC claim will be automatically generated and disbursed.
  • Where there is no such record, eligible employers are required to submit an SFEC claim after course completion via the SFEC microsite.
  • SkillsFuture Enterprise Credit (SFEC) Microsite 

 

Steps to Apply Skills Future Claim

  • The staff will send you an invoice with the fee breakdown.
  • Login to the MySkillsFuture portal, select the course you’re enrolling on and enter the course date and schedule.
  • Enter the course fee payable by you (including GST) and enter the amount of credit to claim.
  • Upload your invoice and click ‘Submit’

SkillsFuture Level-Up Program

The  SkillsFuture Level-Up Programme provides greater structural support for mid-career Singaporeans aged 40 years and above to pursue a substantive skills reboot and stay relevant in a changing economy. For more information, visit SkillsFuture Level-Up Programme

Get Additional Course Fee Support Up to $500 under UTAP

The Union Training Assistance Programme (UTAP) is a training benefit provided to NTUC Union Members with an objective of encouraging them to upgrade with skills training. It is provided to minimize the training cost. If you are a NTUC Union Member then you can get 50% funding (capped at $500 per year) under Union Training Assistance Programme (UTAP).

For more information visit NTUC U Portal – Union Training Assistance Program (UTAP)

Steps to Apply UTAP

  • Log in to your U Portal account to submit your UTAP application upon completion of the course.

Note

  • SSG subsidy is available for Singapore Citizens, Permanent Residents, and Corporates.
  • All Singaporeans aged 25 and above can use their SkillsFuture Credit to pay. For more details, visit www.skillsfuture.gov.sg/credit
  • An unfunded course fee can be claimed via SkillsFuture Credit or paid in cash.
  • UTAP funding for NTUC Union Members is capped at $250 for 39 years and below and at $500 for 40 years and above.
  • UTAP support amount will be paid to training provider first and claimed after end of class by learner.

Appeal Process

  1. The candidate has the right to disagree with the assessment decision made by the assessor.
  2. When giving feedback to the candidate, the assessor must check with the candidate if he agrees with the assessment outcome.
  3. If the candidate agrees with the assessment outcome, the assessor & the candidate must sign the Assessment Summary Record.
  4. If the candidate disagrees with the assessment outcome, he/she should not sign in the Assessment Summary Record.
  5. If the candidate intends to appeal the decision, he/she should first discuss the matter with the assessor/assessment manager.
  6. If the candidate is still not satisfied with the decision, the candidate must notify the assessor of the decision to appeal. The assessor will reflect the candidate’s intention in the Feedback Section of the Assessment Summary Record.
  7. The assessor will notify the assessor manager about the candidate’s intention to lodge an appeal.
  8. The candidate must lodge the appeal within 7 days, giving reasons for appeal 
  9. The assessor can help the candidate with writing and lodging the appeal.
  10. he assessment manager will collect information from the candidate & assessor and give a final decision.
  11. A record of the appeal and any subsequent actions and findings will be made.
  12. An Assessment Appeal Panel will be formed to review and give a decision.
  13. The outcome of the appeal will be made known to the candidate within 2 weeks from the date the appeal was lodged.
  14. The decision of the Assessment Appeal Panel is final and no further appeal will be entertained.
  15. Please click the link below to fill up the Candidates Appeal Form.

Job Roles

  • Accountant
  • Bookkeeper
  • Financial Controller
  • Business Owner
  • Finance Manager
  • Accounts Payable Specialist
  • Accounts Receivable Specialist
  • Financial Analyst
  • Small Business Consultant
  • Office Manager
  • Payroll Administrator
  • Budgeting Specialist
  • Tax Preparer
  • Accounting Clerk
  • Finance Coordinator

Trainers

Iris Wang: Iris Wang is a seasoned accounting and finance professional with over 15 years of experience in financial reporting, taxation, and business advisory for small and medium enterprises (SMEs). She has worked with a wide range of businesses to implement efficient accounting systems, streamline tax compliance, and enhance overall financial transparency. Proficient in multiple accounting platforms such as Xero, QuickBooks, and MYOB, Iris combines deep technical expertise with a strong understanding of Singapore’s financial regulations and tax framework. Her extensive industry experience allows her to translate complex accounting principles into practical, actionable strategies for business owners and finance teams.

In “Unlocking the Power of Accounting and Tax Systems for SMEs,” Iris focuses on helping participants understand how to leverage modern accounting and tax software to improve business efficiency and compliance. Her sessions emphasize automation, data accuracy, and real-time reporting to support better financial decision-making. Through practical demonstrations and case-based learning, she guides learners in optimizing accounting workflows, managing tax obligations effectively, and harnessing digital tools to strengthen financial control and business growth.

Bell Ang Chai Huat: Bell Ang is an ACTA-certified trainer with over four decades of experience spanning accounting, finance, HR, and IT consulting. With 25 years in accounting and 15 years in ERP system implementation, she has managed full-set accounts, GST submissions, payroll, and financial reporting across diverse industries. She has also led system implementations for software such as Oracle ERP, Scala, Hyperion, and MYOB, making her well-versed in both the financial and technological aspects of accounting systems.

In her training, Bell emphasizes practical applications of accounting and tax systems for SMEs, focusing on areas such as GST compliance, payroll integration, and the generation of financial statements for decision-making. By blending her accounting expertise with IT consulting skills, she ensures learners gain confidence in using modern accounting tools to streamline operations, maintain compliance, and enhance business performance.

Malcolm Soo Chee Kong: Malcolm Soo is an ACTA-certified trainer and Chartered Accountant of Singapore with more than 20 years of professional experience in accounting, financial planning, and internal control compliance. His career includes senior roles at JTC Corporation and Eu Yan Sang, where he was responsible for financial reporting, budgeting, and system integration. He has delivered training in LCCI accounting modules and corporate programs on financial systems, focusing on bridging technical accounting knowledge with practical business applications.

In his training for SMEs, Malcolm specializes in helping participants understand the integration of accounting and tax systems with financial management processes. His sessions cover account setup, tax reporting, receivables and payables management, and compliance frameworks. With his strong accounting and training background, he equips learners to leverage accounting systems effectively to improve business transparency and financial governance.

Gary Chan: Gary Chan is an ACTA-certified trainer, Chartered Accountant (ACCA, ISCA), and senior corporate finance executive with over 25 years of experience in multinational corporations and SMEs. He has served as Regional CFO, Director of Corporate Services, and Vice President for Asia Pacific, overseeing accounting, taxation, and business strategy functions. As a trainer, Gary has delivered accounting and finance programs for institutions such as Singapore Polytechnic, LSBF, and the Singapore Business Federation.

In his training, Gary emphasizes how SMEs can harness accounting and tax systems to strengthen compliance and business performance. He guides learners through bookkeeping, tax planning, financial analysis, and system-enabled reporting, enabling participants to transform raw financial data into actionable insights. By combining strategic vision with hands-on training, Gary empowers SME owners and professionals to unlock the full potential of accounting and tax systems for sustainable growth.

Customer Reviews (144)

will recommend Review by Course Participant/Trainee
1. Do you find the course meet your expectation?
2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment
More real life scenarios (Posted on 3/19/2022)
will recommend Review by Course Participant/Trainee
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3. How do you find the training environment
, (Posted on 2/23/2022)
will recommend Review by Course Participant/Trainee
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2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment
Malcolm is very patient while explaining the things I need clarification on. (Posted on 2/22/2022)
will recmmend Review by Course Participant/Trainee
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3. How do you find the training environment
. (Posted on 2/22/2022)
will recomend Review by Course Participant/Trainee
1. Do you find the course meet your expectation?
2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment
Malcolm is very patient while explaining the things I need clarification on. (Posted on 2/22/2022)
will recommend Review by Course Participant/Trainee
1. Do you find the course meet your expectation?
2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment
Longer course duration (more time)
Air-con is too cold (Posted on 2/7/2022)
might recommend Review by Course Participant/Trainee
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3. How do you find the training environment
. (Posted on 1/22/2022)
will recommend Review by Course Participant/Trainee
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3. How do you find the training environment
Laptop issued is slow (Posted on 1/22/2022)
will recommend Review by Course Participant/Trainee
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3. How do you find the training environment
. (Posted on 1/22/2022)
trainer was interactive Review by Course Participant/Trainee
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3. How do you find the training environment
trainer was interactive and able to answer my questions (Posted on 12/27/2021)
will recommend Review by Course Participant/Trainee
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3. How do you find the training environment
, (Posted on 12/8/2021)
will recommend Review by Course Participant/Trainee
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3. How do you find the training environment
. (Posted on 11/19/2021)
will recommend Review by Course Participant/Trainee
1. Do you find the course meet your expectation?
2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment
. (Posted on 11/19/2021)
will recommend Review by Course Participant/Trainee
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3. How do you find the training environment
. (Posted on 11/17/2021)
All Good Review by Course Participant/Trainee
1. Do you find the course meet your expectation?
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3. How do you find the training environment
The connection slow (Posted on 11/4/2021)
Trainer went too fas Review by Course Participant/Trainee
1. Do you find the course meet your expectation?
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3. How do you find the training environment
Remove topic 3 and the accounting concepts parts in topic 4 as this is neither a taxation nor an accounting course. Suggest to dedicate the time to cover other features of Xero such as manual journal entries, analytics, fixed assets and inventory reporting, etc.

Trainer went too fast, partly caused by Xero down time in the morning. Most importantly I believe cutting down topics 3 and 4 should help. (Posted on 11/3/2021)
All Good Review by Course Participant/Trainee
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3. How do you find the training environment
All Good (Posted on 11/3/2021)
will recommend Review by Course Participant/Trainee
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2. Do you find the trainer knowledgeable in this subject?
3. How do you find the training environment
A bit confuse to go in Xero when need to verify
Student need to have some basic knowlegde for gadgets when need zoom class (Posted on 10/21/2021)
Gary is an extremely knowledgeable & experienced trainer. Review by Course Participant/Trainee
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3. How do you find the training environment
Gary is an extremely knowledgeable & experienced trainer. He speaks well and is extremely clear in his explanations. Exudes very positive vibes! (Posted on 10/13/2021)
will recommend Review by Course Participant/Trainee
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3. How do you find the training environment
. (Posted on 9/26/2021)

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