This guide is published by Rockbell, which supplies and supports all five products listed. Because we support every option, it is written to help you choose, not to push one. Where another product fits you better, we say so.
Picking accounting software in Singapore now involves more than GST compliance. The phased InvoiceNow mandate, PSG grant deadlines, and whether your team works across one office or three countries will determine which platform survives the next five years. Two gates catch buyers off guard: PSG applications must be submitted before you sign or pay, not after, and InvoiceNow accreditation (IMDA) is a different credential from IRAS ASR listing.
Quick Picks
- Multi-entity group or franchise: Million (desktop), unlimited companies on one licence at no extra cost
- Remote-first team, cloud-native: Xero or Jaz, both are cloud-only with IMDA IRSP accreditation
- Manufacturing or retail with complex inventory: AutoCount, BOM, serial numbers, and F&B POS in one suite
- PSG grant-funded migration from a legacy system: Million or AutoCount, the only two accounting products Rockbell has PSG pre-approved
- First-time buyer needing full setup and support: Any product via Rockbell, implementation, data migration, and training are included
What to Look For
Your evaluation should cover seven criteria. Miss any one of them and you may find yourself locked into software that fails a compliance audit or a budget review.
- Deployment model, Desktop perpetual means one upfront cost and local data; cloud subscription means lower entry price but recurring fees and dependence on internet connectivity. Understand your IT infrastructure before you choose.
- Multi-company capability, If you run a group or plan to expand, check whether multi-entity access costs extra. Some platforms charge per company; others bundle it.
- Inventory and POS depth, Basic stock tracking is not the same as bill-of-materials costing, batch/serial number control, or F&B table management. Map your operational needs before the demo.
- PSG grant eligibility, Only pre-approved solutions from pre-approved vendors qualify. Confirm the listing on GoBusiness before you engage a vendor, and apply before signing anything.
- InvoiceNow/PEPPOL accreditation, IMDA accredits InvoiceNow-Ready Solution Providers (IRSPs). This is separate from IRAS ASR listing. You may need both; check why InvoiceNow readiness matters now.
- User scaling model, Per-user pricing compounds quickly. Understand the cost at your current headcount and at 2× growth.
- Implementation support, Software is only as good as its setup. Confirm what is included: data migration, chart-of-accounts configuration, training hours, and ongoing support channels.
How We Chose
Each product’s PSG pre-approval status was verified against Rockbell’s own grant page (rockbell.sg/grant/psg/) on 2026-07-25. InvoiceNow/IRSP accreditation was verified against vendor sites and IMDA’s published IRSP directory (updated May 2025). IRAS ASR status was checked against vendor site claims. Pricing was taken from official vendor pages or noted as quote-on-request.
At-a-Glance Comparison
| Provider | Deployment | PSG pre-approved | InvoiceNow / PEPPOL | Multi-company | Best for
|
|---|---|---|---|---|---|
| Million | Desktop + cloud | ✅ Yes | ✅ IMDA IRSP + IRAS ASR | Unlimited (desktop); one per subscription (cloud) | Multi-entity SMEs, desktop first-timers |
| Xero | Cloud only | ❌ Not via Rockbell | ✅ IMDA IRSP + IRAS ASR | Separate subscription per entity | Remote teams, professional services |
| AutoCount | Desktop + cloud | ✅ Yes | ✅ IMDA IRSP + IRAS ASR | Bundled in Premier tiers | Retail, F&B, manufacturing |
| Access UBS | Desktop (optional cloud hosting) | ❌ No | Vendor makes no InvoiceNow claim | Unlimited companies, one licence | Established desktop users |
| Jaz | Cloud only | ❌ No | ✅ IMDA IRSP (jaz.ai/e-invoicing) | Unlimited users per plan | Modern SMEs, multi-currency trading |
PSG pre-approval verified 2026-07-25 per rockbell.sg/grant/psg/. Table current as of 2026-08-17.
Provider Profiles
Million
Rockbell’s flagship product: a perpetual-desktop platform also available in cloud form, built for SMEs from startup through mid-market.
| Detail | Million
|
|---|---|
| IRAS ASR listed | ✅ Version 3, listed from March 2022 |
| CPF / payroll | Native CPF Submission, IR8A, MOM OED (HR module) |
| Pricing | Quote-on-request via Rockbell |
| Track record | Publisher founded in Singapore/Malaysia; Rockbell reselling since 1996 |
| Cloud multi-company | One subscription per company, budget accordingly |
Differentiator: Desktop licence allows unlimited company directories at no extra cost, critical for holding companies or franchise groups running three or more entities.
Xero
A New Zealand-headquartered cloud platform serving over 3.95 million subscribers globally, implemented locally by certified partners including Rockbell.
| Detail | Xero
|
|---|---|
| IRAS ASR listed | ✅ ASR+ listed |
| CPF / payroll | Via third-party add-ons (Talenox, HReasily, Payboy), no native CPF filing |
| Pricing | From SGD 15/month; Standard SGD 70/month, Premium SGD 95/month (incl. GST, from Nov 2025) |
| Track record | Founded 2006; 3.95M+ subscribers worldwide |
| POS | No native POS, requires third-party integration |
Differentiator: Broadest ecosystem of third-party app integrations in the roster, plus strong bank-feed support for DBS, OCBC, and UOB.
Note: PSG for Xero is available via other approved vendors (e.g. EBOS, ASL Advisory). Rockbell does not currently appear on the GoBusiness PSG vendor list for Xero, confirm with Rockbell before assuming grant coverage.
AutoCount
Developed by Auto Count Sdn Bhd (founded 1996), with a Singapore subsidiary. Rockbell’s frontline recommendation for GST InvoiceNow compliance and businesses needing POS or manufacturing modules.
| Detail | AutoCount
|
|---|---|
| IRAS ASR listed | ✅ ASR-approved |
| CPF / payroll | Confirm with Rockbell, not explicitly stated on AutoCount SG site |
| Pricing | Cloud from SGD 10.50/month; desktop quote-on-request |
| Track record | Developer founded 1996; listed on GoBusiness PSG portal |
| POS depth | Full retail + F&B POS: table orders, QR menus, kitchen printing |
Differentiator: Manufacturing BOM module handles raw materials, assembly orders, and finished-goods tracking, the deepest inventory capability on this roster. See on-premise vs cloud AutoCount for deployment trade-offs.
Access UBS
Formerly Sage UBS, now developed by The Access Group. Over 500,000 customers in Malaysia and Singapore since 1988; Frost & Sullivan Malaysia Financial Accounting Software Vendor of the Year 2019 and 2020.
| Detail | Access UBS
|
|---|---|
| IRAS ASR listed | ✅ UBS Accounting Version 2022 listed |
| InvoiceNow claim | Vendor publishes no InvoiceNow/Peppol claim, verify with Rockbell if mandate applies |
| CPF / payroll | Not disclosed on vendor pages checked |
| Pricing | Quote-on-request; no PSG subsidy applies |
| Multi-company | Unlimited companies on one licence |
Differentiator: Optional cloud hosting on an otherwise perpetual desktop licence, useful for businesses that want remote access without moving to a full SaaS model.
Buyers subject to the GST InvoiceNow mandate should confirm InvoiceNow support with Rockbell before committing. The Access Group’s own product page claims only IRAS ASR approval, it makes no InvoiceNow or Peppol accreditation claim (checked 2026-08-17).
Jaz
A Singapore-headquartered cloud platform (Tinvio™ / Digital Services SG Six Pte. Ltd., founded 2019), backed by USD 18.5M in funding. Rockbell’s newest roster addition.
| Detail | Jaz
|
|---|---|
| IRAS ASR listed | Not published on vendor site, confirm separately if CIT pre-fill is needed |
| CPF / payroll | No integrated payroll confirmed, verify with Rockbell |
| Pricing | Free Forever tier; Essentials ~SGD 30–40/month; Growth: quote-on-request |
| Track record | Founded 2019; USD 18.5M raised (AppWorks, Rocket Internet, Surge) |
| Multi-currency | 170+ currencies with automatic FX conversion and revaluation |
Differentiator: IMDA-accredited IRSP built on Peppol, with a Free Forever entry tier, the lowest-cost InvoiceNow-compliant option on this roster for a single-entity business.
Best Provider by Use-Case
| Use-case | Best fit | Why
|
|---|---|---|
| Multi-entity group or franchise (3+ companies) | Million (desktop) | Unlimited companies on one licence, no extra cost |
| Remote-first team, cloud-native workflow | Xero or Jaz | Both cloud-only with IMDA IRSP accreditation |
| Manufacturing / retail with complex inventory | AutoCount | BOM, serial numbers, F&B POS built in |
| High-volume transactions, AI automation | Jaz | Jaz Magic AI and custom integrations on Growth plan |
| Established desktop user migrating with PSG grant | Million or AutoCount | Only two PSG pre-approved options via Rockbell |
| Accounting practice managing multiple client books | Xero | Largest partner ecosystem; strong accountant collaboration tools |
For the PSG row: if AutoCount Cloud’s recurring subscription is in scope, confirm with Rockbell whether PSG applies to the SaaS component or the one-time implementation package only.
How to Shortlist and Verify
- Confirm PSG pre-approval on GoBusiness before engaging any vendor, listings change, and only the portal is definitive.
- Verify IMDA IRSP accreditation on the IMDA directory if the InvoiceNow mandate applies to your GST registration category. Phase 1 started 1 November 2025 (newly incorporated voluntary registrants); Phase 2 from 1 April 2026 (all new voluntary GST registrants); Phase 3 from 1 April 2028 (all new compulsory GST registrants).
- Confirm IRAS ASR listing separately if you need GST F5 filing or CIT pre-fill, IMDA IRSP accreditation and IRAS ASR listing are different credentials.
- Get multi-company licensing terms in writing, verbal assurances about “unlimited companies” may not reflect cloud subscription terms.
- Request a full cost breakdown covering licence, implementation, migration, training, and annual support, not just the software price.
- Submit your PSG application before signing or paying, retrospective applications are automatically disqualified.
Where Rockbell Fits
Rockbell is a good fit for Singapore SMEs that want one implementation partner across accounting, payroll, POS, and inventory, without managing separate vendor relationships.
- Products supported: Million, AutoCount, Access UBS, Xero, Jaz
- PSG pre-approved solutions: Million and AutoCount (grant facilitation included, Rockbell handles the GoBusiness application)
- Implementation scope: Data migration, chart-of-accounts setup, UAT, go-live support, and classroom training
- Credibility signal: Trusted by 214+ customers with a 5-star rating on Trustindex (verified 2026-06-03)
- How to engage: Contact Rockbell via rockbell.sg for a scoped quote and to confirm current PSG listing status before signing anything
Rockbell publishes this guide and carries all five products. Where another vendor or PSG-approved partner is the better call, we say so above.
Frequently Asked Questions
Which accounting software is PSG pre-approved in Singapore?
Via Rockbell, only Million Accounting & Stock Control System and AutoCount Accounting System are PSG pre-approved, confirmed on rockbell.sg/grant/psg/ (verified 2026-07-25). Other vendors on this roster (Xero, Access UBS, Jaz) are not pre-approved through Rockbell, though Xero has approved listings via other PSG vendors on GoBusiness.
What is the InvoiceNow mandate and which solutions are IMDA-accredited?
IRAS requires GST-registered businesses to transmit invoice data via an InvoiceNow-Ready solution in phases from November 2025; IMDA separately accredits InvoiceNow-Ready Solution Providers (IRSPs). Of the five products here, Million, Xero, AutoCount, and Jaz hold IMDA IRSP accreditation, Access UBS’s vendor makes no such claim on its own site; verify with Rockbell if the mandate applies to you.
Desktop or cloud, which should I choose?
Desktop perpetual suits businesses that prefer upfront capex, local data control, and multi-company setups without per-entity subscription costs. Cloud suits remote teams and businesses that want automatic updates and lower entry cost, but recurring fees add up at scale.
How much does accounting software cost in Singapore with a PSG grant?
PSG covers up to 50% of qualifying costs per application (confirm the current cap at enterprisesg.gov.sg). Because Million and AutoCount list pricing is quote-on-request, request a scoped quote from Rockbell before calculating your net outlay.
What implementation support should I expect when buying accounting software?
At minimum, expect data migration, chart-of-accounts configuration, UAT support, and user training, either bundled in a PSG package or billed separately. Confirm in writing what is included before signing; support hours, response channels, and SLA terms vary by product and reseller.