http://www.iras.gov.sg/irasHome/page.aspx?id=7752
What it means to SAP Business One in Singapore:
1. SAP Business One’s compliance to Singapore government tax guide will not be questioned now. At times, when our partners are facing small/local accounting software in the competition, they would be questioned of our system’s compliance.
2. It will be a good motivation now to push for the Starter Package whereby previously most of the registered software in the list are the small/local accounting software. Now that SAP Business One is in the list we can compete with them head on.
3. At the moment, our usual competitors like Microsoft Dynamics NAV, Sage Accpac etc are NOT in the list. This an excellent time for our partners to position this development to win over the competition.
4. Easier/quicker approval of government grants for our prospects/customers. IDA typically gives grants/funding to SMEs who are embarking on IT/ERP projects. It will only approve grants/funding to IT/ERP projects whose software are registered in IRAS.
