An open ruled ledger on a small business desk in Singapore, mid-month, under flat overhead light

LedgePoint Platform

Everything the ledger needs, in one place

Receipts, bank feeds, GST, statements and InvoiceNow — kept on one page. See what LedgePoint does, function by function, before you commit a month to it.

Reconciled

The five lines

What a Singapore business month actually looks like on paper

Paperwork, receipts, supplier invoices, a bank statement and a year-end folder. Four of the four acts that turn that stack into a clean set of records are drawn below — the fifth is the report the accountant signs.

A phone laid face-down beside a shallow pile of paper receipts on a pale desk
Receipts in and matched to a payment, filed on capture rather than after.
Two pale invoice sheets side by side with a dotted pencil route drawn between them
An invoice leaves as a structured document and lands as a ledger entry — no keying between.
A ruled account page with a wooden ruler across it and a pen resting in the gutter
Reconciliation runs against the bank feed daily, so the unmatched queue stays short.
A slim bound monthly report on manila card stock with a paperclip on the cover
The monthly pack leaves on the first working day, before the quarter catches up with you.

Scroll left and right to see the four stages. The strip does not move on its own.

Function by function

This page is a fit check

Below are the capabilities the platform actually ships, in the order they happen during a real month. If your business needs most of these and not all of them, that is normal — worth saying in a conversation rather than discovering in month three.

01

Getting transactions in

There are three ways data enters a LedgePoint ledger, and most businesses end up using all of them. Bank feeds pull transactions automatically from connected accounts. Receipts arrive by WhatsApp, email, or app upload from whoever made the payment. Supplier invoices come in as documents or, increasingly, as structured InvoiceNow and Peppol documents that post directly. The design goal is that nobody re-types anything — if a transaction exists in one place already, the job is to move it, not to key it again. That sounds obvious, and it is where most bookkeeping setups quietly lose hours every month.

02

Expense categorisation with a human on the other end

Automatic categorisation handles the routine: the recurring software subscription, the standard telco bill, the same taxi pattern every week. What it cannot reliably handle is the edge, which is precisely where mistakes become expensive. A laptop could be a fixed asset or an expense. Staff welfare and client entertainment sit in different places for tax. A payment to a related party is not a normal supplier cost. Every categorisation in LedgePoint has been reviewed by a bookkeeper rather than accepted from a rule engine without inspection — that review layer is the difference between a ledger that looks tidy and a ledger that survives scrutiny.

03

Bank reconciliation as a routine, not an event

Reconciliation matches what the bank says happened against what the ledger says happened, and the gap between them is where problems live. LedgePoint runs reconciliation continuously against daily bank feeds, so the queue stays short and the exceptions surface while you still remember the transaction. For businesses with several accounts, cards, or a payment processor in the mix, the visible unmatched count does more work than any report — it tells you at a glance whether the month is under control. A long queue in week one means something is being missed somewhere, and it is better to know that early.

04

GST-ready bookkeeping

GST readiness is a structural property, not a report you generate at the end. Tax codes get applied when a transaction is categorised, which means the GST return reconciles to the ledger by construction rather than by painstaking reconstruction. IRAS-compliant records are the baseline; the useful part is that preparing the return stops being a scramble. If your revenue is approaching the registration threshold, the practical advice is to set the structure up before you register, not after — historical records are much easier to bring into a compliant format when they were captured with the right fields in the first place.

05

InvoiceNow and Peppol connectivity

InvoiceNow is Singapore's e-invoicing framework, and Peppol is the structured network underneath it. Connecting to both means invoices move as data rather than attachments, which removes manual keying and the transcription errors that follow it. For businesses issuing to or receiving from larger counterparties, this is becoming less optional over time. On the platform side, the connection means outgoing invoices can be generated and sent in the right structure, and incoming ones can be received and posted. The value is not the format itself — it is that the invoice and its ledger entry stop being two separate jobs.

A manila report folder standing upright on a pale desk with a rubber band around it

Monthly pack

Financial statements and management reports

Two different audiences, two different documents, one set of underlying records.

What each pack contains
Statements
Profit and loss, balance sheet, and supporting schedules your accountant, auditor or tax preparer needs.
Management
Revenue against cost, cash movement, receivables, and where spending has drifted during the month.
Consistency
Both come from the same records, so the numbers agree when they leave the platform.

Two audiences

The statutory set and the working set, drawn from one ledger

Financial statements are the formal, year-end output. Management reports are the monthly working documents aimed at you. They serve different readers, and they disagree far less often when they come out of the same book.

That consistency matters more than it sounds. When the management numbers and the statutory numbers disagree, the reconciliation work lands on you — usually in the week your accountant is trying to file. Producing both from one set of categorised, GST-coded transactions removes the gap at the source instead of patching it at the end of the year.

  • Statements for the accountant and the auditor
  • Management for the owner and the board
  • Receivables aged against the ledger, not a spreadsheet
  • Cash movement matched to the bank statement line by line
See how a month runs from start to close

Same platform, two entry points

Starting fresh, or taking over an existing setup

Both routes land in the same ledger. Choose which one is closer to your situation and the differences below show what actually changes on day one.

Implementation is not a sales ritual here. It is a chart of accounts, a set of feeds, and an opening position that is correct on day one — and if a simpler setup would serve you better than Xero, we say so plainly.

A small business desk at night under a single desk lamp, an open ledger half worked with no screens lit

The month that won't wait

The month closes when the last line reconciles.

Most owners find out in month three — after the first IRAS deadline, after the first bank-feed exception nobody looked at. Doing this in the light is the point.

Reconciliation, GST and document retaention all draw from the same set of records.

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Document history

Audit trail and document retention, kept alongside the transactions

Every document in LedgePoint carries its history: who submitted it, when, what it was matched against, and who categorised it. If a question arrives fourteen months later about a specific payment, the answer is a search rather than an archaeology project.

Submitted
Who captured the receipt or invoice, and through which route — WhatsApp, email, app or feed.
Matched
Which payment or bank line the document was matched against, and when that match was made.
Categorised
Which bookkeeper reviewed the categorisation, and which tax code was applied at that point.
Retained
Documents stored to Singapore expectations, alongside the transactions they support rather than in a folder structure nobody maintains.

Audit-ready is not a feature you switch on. It is what happens when capture and storage are the same system from the start.

Fit for your business

Judge the platform against your own month.

Tell us which month you are on and we will walk you through the platform in the context of your own ledger — feeds, categorisation, GST structure, and what a Peppol connection would change for you.

Ask about your current setup

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