PSG - Productivity Solutions Grant For MYOB ABSS Accounting Software

Great news if you're looking for an accounting software that suit your business!

 

First, with the Enhanced Productivity Solutions Grant (PSG) support announced at Budget 2022, eligible SMEs can adopt pre-approved digital solutions and receive up to 70% subsidy from PSG Grant.

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If you're interested at getting accounting software for your business and looking for features such as invoicing, payment, track expenses, GST, inventory and generate report faster and accurately, you should keep reading :)

Second, eligible SMEs can also receive additional Skills Future Enterprise Credit (SFEC) grant of a one-off $10,000 credit to cover up to 90% of the out-of-pocket expenses on top of PSG Grant. 

FAQ

Is ABSS the same as MYOB? 

Yes, ABSS is formerly known as MYOB South Asia - the popular accounting software used by SMEs in Singapore.

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Can I purchase MYOB / ABSS accounting software first before apply for the PSG grant?

No, SMEs must first get a quotation to apply for PSG before making any purchases.

 

I'm interested, but can I have a product consultation if it's suitable for my business?

Yes, we can arrange for a free product consultation and brief SMEs the available features.

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Can I create more than 1 company with the above MYOB / ABSS packages?

Yes, SMEs can create up to 5 companies.

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Do I need to pay for any monthly or yearly subscription for using MYOB / ABSS?

No, SMEs fully own the MYOB / ABSS license. No monthly or yearly subscription fee for using it.

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What is SFEC?

SFEC is SkillsFuture Enterprise Credit to encourage eligible employers to train and up-skill employees. Visit SFEC Grant to find out how it works.

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** All PSG Pre-Approved Package Price is inclusive GST

The PSG grant aims to provide support to companies that want to enhance their productivity by the adoption of IT solutions. The government agencies work very hard to simplify the application process. They have pre-scoped & pre-approved the solutions that cover various sector including the retail, food, logistics, precision engineering, construction and landscaping industries.

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With the latest 70% funding support, PSG serves as an avenue for companies to make long-term technology investments. 

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Are you eligible?
Businesses who meet the following criteria can apply for PSG:

• Registered and operating in Singapore.

• Purchase / subscription of IT solutions or
  equipment must be used in Singapore

• Have at least 30% local shareholding (Singaporean / PR)

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Interested to Get up to 70% Subsidy from PSG Grant?

Don't miss the opportunity to upgrade or get new MYOB / ABSS Accounting Software for your business!