Save 50% on Xero

Receive 50% funding support via the Productivity Solutions Grant (PSG) when you adopt Xero via Harvest Accounting, a pre-approved PSG vendor.

What is the Productivity Solutions Grant?

A joint initiative by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore, the Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes.

PSG supports the adoption of solutions that cut across industries, such as in areas of customer management, data analytics, financial management and inventory tracking.

From 1 April 2023 onwards, the maximum support level will be up to 50%.

Who is eligible for the PSG?

SMEs can apply for the PSG if they meet they following criteria:

  • Registered and operating in Singapore

  • Subscription of the IT solutions or equipment must be used in Singapore

  • Have a minimum of 30% local shareholding

Solutions from Harvest Accounting

Pre-grant listed prices are exclusive of GST. Gst component is not supported by the grant.

+ Package 1



U.P. $670

+ Package 2

Subscription, Set Up


U.P. $2,350

+ Package 3

Subscription, Set Up, Training


U.P. $3,150

+ Package 4

Subscription, Set Up, Migration


U.P. SGD 3,470

+ Package 5

Subscription, Set Up, Training, Migration


U.P. $4,270


Xero Subscription

Xero Set Up

Xero Training

Xero Migration

In Detail



under psg

Xero Subscription
  • Xero Subscription for 12 months for unlimited number of users

Xero Set Up
  • Set up Chart of Accounts in Xero

  • Enter relevant company information into Xero

  • Review and finalise GST and tax settings

  • Import of ending balances for latest financial year end

  • Bank feed set up and import of historical bank statements

  • Import outstanding AR/AP invoices

  • Import of fixed assets and depreciation schedule

  • Import of products and services

  • Import of customer and supplier contact information

  • Set up of up to 2 invoice templates using Xero's standard or custom template

Xero Migration
  • Import detailed line-by-line historical transactions for up to twelve months and up to 1,200 lines.

Xero Training
  • Full day Xero training on-site or online screen sharing




What is the processing time for applications?

Applications are processed within 4-6 weeks from the submission of all required information.

Companies are strongly encouraged to submit their applications ahead of time to account for the application outcome and/or processing duration required.

Where can Applicants check the status of their grant application?

An email will be sent to the company’s contact person with the status of the submitted grant application.

Alternatively, Applicants may log in to the BGP. Under the “My Applications” section, they can view the status of their grant application by toggling between the tabs (Drafts/Processing/Actions Required/ Completed).

What is the processing time for claims disbursement?

Claims are processed within 4-6 weeks from the submission of all required information.

Companies are encouraged to submit their claims after they have fully deployed, providing documents to show use of the solution for at least one month. Incomplete submissions will result in delays.

How will the PSG grant disbursement take place?

Disbursement of the PSG grant will be credited directly to the company’s bank account through GIRO. The completed GIRO form must be verified by the company’s bank and submitted to ESG before the company’s claim request. For multiple claims, the GIRO form is only required during the submission of the first claim.

The company will need to submit a new GIRO form if there are changes to the company’s account details.

How will I be notified of the claims disbursement?

An email will be sent to the email address stated on the BGP to confirm the transaction.


Our dedicated team of Xero experts are here to help along your cloud accounting and business journey.

We provide monthly management reporting for better decision making, support with day to day finance functions, annual compliance, along with Xero setup and migration to get you started.