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PSG Grant Claim Process: Step-by-Step Checklist ( ABSS /MYOB)

  • Writer: Agnes Lee
    Agnes Lee
  • Aug 11
  • 2 min read

If your PSG application has been approved and your IT solution has been implemented, it’s time to proceed with your grant claim submission. Below is the full checklist of what you’ll need to prepare and how to complete the process smoothly through the Business Grants Portal (BGP).


Submit Your Claims

For a full overview of the PSG Grant and its eligibility criteria, visit the official Enterprise Singapore page: Productivity Solutions Grant (PSG)

Submit your claim via the Business Grants Portal (BGP) by the claim due date stated in your Letter of Offer.


Supporting Documents Checklist

To submit your ABSS/MYOB PSG claim, you will need the following:

Items Provided by Apscom (Vendor):

  1. Invoice – Issued by Apscom

  2. Signed Quotation – Please print and sign your quotation copy

  3. Official Receipt – Provided by Apscom upon payment


Items to Be Prepared by You (Client):

  1. Proof of Payment – Cheque or bank transfer details showing the transaction

  2. Bank Statement – Showing the transaction with your company name (payer), vendor name (payee), payment date, amount, and approval status

  3. General Ledger Report – At least one month of report (go to Reports > Accounts > General Ledger Detail Report)

  4. Audit Trail Report – At least one month (found under Generate Reports > Accounts > Audit Trail Report, e.g., 1/1/2025 to 31/1/2025)

  5. ABSS License Snapshot – Full-screen snapshot from Setup > Company Information

  6. ABSS Serial Number – 12-digit serial number located under Setup > Company Information


Receive Your Disbursement

Once your claim is approved, you will receive an email notification. The approved grant amount will be disbursed to your designated bank account via:

Corporate PayNow (Preferred Method)

  • Disbursement takes approximately 14 working days after claim approval

  • To register:

    1. Contact your bank or log in to your banking app

    2. Link your UEN (you may add a 3-digit alphanumeric suffix)

    3. Submit your PayNow details in the PSG claim form


GIRO

  • Submit your bank account details via FormSG

  • Disbursement may take up to 8 weeks after approval

Important: If you do not have PayNow Corporate or GIRO set up, Enterprise Singapore will not be able to release your grant payment.



Final Tip

Ensure all your documents are complete, legible, and consistent with your original application. Save backups and keep records for at least one year in case of audit.



Need help understanding the claim requirements? Let us know!We’re happy to point you in the right direction.


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