Trusted Restaurant Accounting in Singapore — same expertise, now under the Ian & Son LLP umbrella.
SG Food Accounting was the specialist brand created by Ian & Son LLP to serve Singapore’s unique food and beverage (F&B) industry. From hawker stalls to cafés and restaurant chains, we’ve built a reputation for helping food businesses stay compliant, reduce costs, and manage finances effectively.
Today, SGFoodAccounting.com has been fully integrated into Ian & Son LLP. You’ll continue to receive the same restaurant accounting services in Singapore with the added value of a full-service professional firm.
From SG Food Accounting to Ian & Son LLP
SG Food Accounting was founded as a dedicated brand for food and beverage (F&B) bookkeeping and restaurant accounting in Singapore. Over the years, we helped clients manage daily sales reconciliation, GST filing, payroll, CPF contributions, and food cost tracking.
To better serve our clients, we’ve reorganised SG Food Accounting under the Ian & Son LLP brand. This provides our F&B clients with access to the same specialist team, as well as the broader resources of Ian & Son LLP, ensuring consistent compliance with IRAS, ACRA, and CPF regulations, while offering advisory services to support long-term growth.
Specialised F&B Accounting Services in Singapore
We provide end-to-end accounting and advisory services designed specifically for food businesses in Singapore:
- Restaurant & F&B Bookkeeping – Daily cash, NETS, and GrabFood/Foodpanda/Deliveroo reconciliation, bank matching, and financial reporting.
- GST Filing & Compliance (IRAS) – Proper GST registration and quarterly filing for Singapore restaurants and F&B outlets.
- Payroll & CPF Management – Handling staff salaries, allowances, and CPF contributions for service and kitchen staff.
- Point-of-Sale (POS) Integration – Linking POS systems with Xero, QuickBooks, and other software to streamline reporting.
- Food Cost Tracking & Inventory Control – Monitoring wastage, shrinkage, and profit margins for hawkers, cafés, and catering businesses.
- Business Advisory & Consultancy – Identifying inefficiencies, improving cost control, and supporting business expansion.
Supporting Singapore’s F&B Entrepreneurs & Businesses
Our services are tailored to the realities of Singapore’s vibrant food scene:
- Restaurants and cafés in districts like Orchard, Bugis, Marina Bay
- Bubble tea shops in Toa Payoh, Tampines, and Jurong
- Hawker stalls in neighbourhood kopitiams across the island
- Catering businesses in Hougang and Woodlands
- Delivery-first food businesses on GrabFood, Deliveroo, and Foodpanda
Whether you operate a hawker stall or a multi-outlet chain, we understand the unique accounting needs of food businesses in Singapore.
The Same Team, The Same Expertise… With Better Resources
- Continuity you can trust: The SG Food Accounting team remains, now fully integrated into Ian & Son LLP.
- Local compliance expertise: We are familiar with Singapore’s regulations, including IRAS for tax, ACRA for filing, and CPF for payroll.
- Industry specialisation: Unlike general accounting firms, we’ve always focused on restaurant accounting in Singapore.
- Expanded resources: As an Ian & Son LLP client, you gain access to additional advisory and professional services.
FAQs on Restaurant Accounting in Singapore
Singapore F&B businesses must comply with IRAS (GST and corporate tax), ACRA (annual returns), and CPF (payroll contributions). Managing daily high-volume transactions (cash, POS, delivery platforms) also adds complexity that requires industry-specific expertise.
Yes. Even hawker stalls and small operators need proper bookkeeping for GST, annual filing, and to track profitability. Many also benefit from advisory services on cost control.
Yes. We guide you through GST registration, ensure accurate quarterly submissions, and handle reconciliations with IRAS.
Because we understand the unique flow of sales, inventory, food costs, and POS integration in Singapore restaurants, we ensure you stay compliant and profitable.
Yes, if your annual revenue exceeds S$1 million, GST registration with IRAS is compulsory. Many smaller cafés and F&B outlets also opt for voluntary GST registration to claim input tax benefits.
Yes. We support the integration of popular POS systems in Singapore with cloud accounting platforms, such as Xero and QuickBooks, ensuring accurate daily sales reconciliation.
In Singapore, CPF contributions are mandatory for Singaporean and PR staff, regardless of their part-time status. We accurately calculate and file CPF contributions, including allowances and overtime common in the F&B sector.
We use customised F&B cost accounting methods to help you track food costs, shrinkage, and wastage. This ensures accurate gross profit margin reporting and supports better menu pricing strategies.
Yes. All sales, including those made through delivery platforms, must be recorded for tax reporting and GST filing purposes. We ensure proper reconciliation of commission fees and payouts from delivery partners.
Absolutely. Hawker stall owners benefit from accurate records to track profitability, manage expenses, and remain compliant with ACRA and IRAS filing requirements. Accounting also helps when applying for bank loans or grants.
Looking for SG Food Accounting? You’re in the Right Place.
Address:Formerly at 116 Middle Road #07-01, Singapore 188972
Current Office: 101 Upper Cross Street #06-07, Singapore 058357
Phone / WhatsApp: +65 9455 0440
Email: admin@ianandson.com