Which Accounting Software is Best in Malaysia ?
Accounting software is essential for meeting the accounting standards in every country. The best accounting software in Malaysia is SQL Account. It has been used ever since offices started using computers.
Although UBS is a great option, it has failed to retain its share due to the introduction of GST in the country. SQL Accounting Software has a lot to offer. It is the number accounting solution in Malaysia and for good reason.
The main reason why businesses throughout Malaysia use the software is because it offers incredible flexibility. Besides, its quick processing time allows every business to easily incorporate it. SQL Accounting Software is also GST certified. Its popularity is growing at an exponential rate. Small and medium companies in Malaysia use it for meeting all their accounting needs.
The software offers business analytics which allow you to get more out of your financial data. Now, you should have no trouble making financial decisions. Its report generation helps break everything down for you.
Complete Accounting & Reporting Solution
If you are looking for a complete accounting and reporting solution, SQL Accounting Software is the perfect option. It handles every accounting process, from general entry to final reporting. You can take advantage of its free trial period to find out why it simply is the best.
SQL Accounting is a powerful tool that is designed for every type of business regardless of the industry. Its user-friendly interface allows you to get more done. Here is what you can expect.
- Accessibility: You can access your account anytime you want from anywhere you want.
- Financial Standing Overview: Users can check to see their financial standing with just a click of a button.
- Email Statements: You can even email the financial statements to individual customers with a password encryption.
- Control Access: A great feature that you can benefit from is control over access. You can restrict advance accounts.
- Comprehensive Reporting: Utilize comprehensive reporting for annual comparisons of income, top profitable customers, commission collection reports, and more.
SQL Accounting Software offers a ton of salient features that you can take advantage of to better manage your business as mentioned below.
- General Ledge: Easy to track and manage company accounting records.
- Stock: It allows you to control your inventory.
- Customer: Keep customers in the know.
- Sales: Track your sales in real-time.
- Supplier: Manage your supply chain.
- Purchase: Take control of your purchase for cost-effectiveness.
Integration with App
SQL Accounting Software comes with a smartphone app that you can use for better integration. It ensures that you have access to all your financial information when on the go. The app ensures that you have all the information you need wherever you are.
Decision Making Tools
The best thing about SQL Accounting Software is that it offers decision making tools. It generates crucial reports. Thus, the upper management will find it to be extremely useful.
SQL Accounting Software is possibly the best accounting software in Malaysia. It has a lot to offer. Hence, it is worth using, especially since it provides a free trial.
Others Accounting Software in Malaysia :
Autocount Accounting Software
This is a software that has been increasing in its popularity over the years, chiefly because of its cloud based storage practices. Thanks to this, the need to maintain hard copies of vouchers and account entries is gone, leaving the focus strictly on data entry and analysis. The software also has better security infrastructure with independent logins and restricted access credentials in its framework to make sure only authorized personnel access or make modifications to your accounts. Like most accounting softwares, Autocount also comes with a restore and backup feature to help you keep your accounts secure and portable.
MYOB Accounting Software
The focus of this software is to make it easier for you to process tax based transactions with handy inbuilt tools that can navigate through GST and other tax practices. Businesses that have a lot of GST related activity will be able to file their returns more easily and on time with this software. It is able to make GST computations in a simple real-time interface so that your accountant does not have to struggle to add up percentages every time.
The software also integrates with mobile apps, making the information portable for people who need access to information on the go. This aids decision making and makes it easier for budgets to be built. MYOB's focus lies on making their services easy to use and available at the user's fingertips, which is an immensely valuable objective due to the direction software and business is moving in.
QNE Accounting Software
The software became famous for its user friendly interface which makes it possible for anyone to manage the accounts of an organization. Despite being user friendly, it is enabled with strong policy based protections and audit trails that can protect the business funds. The software comes with all the standard requirements of inventories, invoicing and expense tracking to ensure completeness of accounts. It also has provisions for staff information, allowing you to keep track of a small size of payroll.
Million Accounting Software
The core offering of Million is that it integrates very well with Microsoft Excel, which is used to generate and maintain reports by many small businesses. The simple user interface of Million and the familiarity of Excel make this a very popular software among the less organized business sector which is less focused on administrative practices. The software is not scalable as the business grows larger, but it does support multiple currency inputs and has functions to maintain multiple business accounts, making it a fairly useful tool in the hands of someone who needs to do limited but important accounting work.
Intuit Quickbooks Accounting Software
When it comes to quick invoicing, quickbooks is the software of choice. The software creates a good platform for people to track receivables, GST related transactions, maintaining documents like purchase orders and form GST-03 with an easy auto generation option. The software makes it very easy to make retainer invoices which can be premade and dated accurately at just the click of a button.
Mr. Accounting Accounting Software
Equipped with a posh look that is well designed and user friendly, Mr. Accounting gives your business a facelift with its quick and elegant solutions to complicated accounting problems. The software is GST equipped and can be customized to the needs of the business, with software support available to users to troubleshoot issues and also to provide the knowledge on how best to use the software for particular accounting processes.
SQL Accounting Software - Malaysia Best Accounting Software
The most revolutionary accounting software Malaysia has seen in recent times is the SQL accounting software. It is known for its incredible flexibility and quick processing time. The software is GST certified and is one of the fastest growing and most widely used accounting softwares for Small and Medium Enterprises in Malaysia. The software has many useful modules for report generation that enable business analytics and improve financial decision making.
The software and the tools it deploys serve as a complete accounting and reporting package that services small and medium organizations from granular level transactions to final reporting and aggregation at the highest level of the organization. There is also a free trial period and a help centre that can answer your queries regarding the software, but here are some of the salient features of SQL accounting software.
SQL Accounting Software Favoured Features
SQL accounting software is suitable for all businesses, from small businesses to large organizations. It is crucial to find a busiess solution that suits you. We cater for every industry. Small business, cloud accounting software, to on-premise accounting software, choose the best fit for your business. SQL Account is user friendly & can be integrated with no fuss.
Access your account & manage your
business anytime, anywhere.
Email statement to all your customer
individually with password encryptions in
one simple click.
Accountant set, shipping and forwarding,
property management, construction,
distributor, motor vehicle system,
Provide SQL Account users a financial
standing overview of their customers and
suppliers. Helping users make better
business risk assessment.
Allowed users access into the documents
with restricted by advance level locks, such
as hide salaries in cash book.
Comprehensive reporting such as
commission collection reports, tracks your
top 3 profitable customers, annual
comparison of profit & loss.
SQL Account - Accounting Software Module Features
General Ledger >
It’s easy to manage and track
your company’s accounting records
Keep Your Customer in Touch
Manage and keep your supply
chain in check
Helps take control of your inventory
More time. For Sales.
Be cost effective.
Free Download Accounting Software trial to experience our accounting software.
SQL Account - One Stop Software For All Your Business Needs
Starting from the very bottom of the chain, the software also serves as a point of sale application, which allows information direct from cashiers in registered stores to go to the main accounting hub. It is also great to monitor and manage your inventory issues and even helps keep an eye on your manufacturing input and output.
SQL Account - Integration With Mobile App
The software has a real-time integration with the app on your mobile phone, so that you can access crucial financial information on the go. You can even keep copies of reports on your phones so that you never have to worry about leaving information behind at the office.
Decision Making Tools
A major advantage of SQL accounting software is primarily in its benefit for strategic decision making. The software is able to generate reports across any financial timeline with an easy printing arrangement to ensure that the upper management is able to do their analysis with ease.
The software also provides for storage of virtually unlimited years of accounting information and its clever client-server architecture enables better system performances, a big advantage over accounting softwares that are notoriously slow and take a long time to process tasks. The architecture also gives it a cost effectiveness and easy maintenance advantage.
Customize The Software to Your Workflows and Your Business
The software is also very customizable, with new reports being created on a regular basis, easily deployed across the organization through the SQL Account Report Designer and Account Control center. The DIY module can also be used to create specialized forms that are needed for new or different workflows. It has a user friendly interface and you can save every report or for you create so that you can generate it anytime, for any accounting period, however unorthodox.
Up and Running 24x7
In a huge boost to productivity, especially in emergency situations, the software is up and running 24x7 without the need for anyone to turn anything on or off. The information is stored on the cloud and can be accessed by authorized personnel through their own personal credentials.
SQL Account - Accounting Software Customer Reference
The Advantages of SQL Account Accounting Software
SQL Account has become the most popular account software. It is widely used throughout South-East Asia and beyond. If you are looking for GST-ready accounting software, it has got you covered. Read on to learn more about its advantages.
1. Amazing Features
One of the main advantages of SQL Account is that it offers amazing features. You can use the tool to better manage your accounts and finance department. From tracking purchases to managing inventory to monitoring sales, the features provide you with full control over your business.
2. Designed for Every Business
Another advantage of SQL Account is that it is designed for every type of business. No matter what industry you might operate in or what your business size might be, it is the right solution for you. The accounting software even offers specialized solutions for different industries including retail, import and export, hotel, hospitals, and more.
3. Boost Efficiency
SQL Account also helps boost efficiency. Your accounting and bookkeeping staff will have no trouble making the most of it for managing operations. You will notice an improvement in their performance. Besides, they will find the software to be the perfect option.
4. Helps Streamline the Back Office
In addition to the above, SQL Account even helps streamline the back office. This means that less time would be spent trying to access important data. Moreover, you can use the tool to organize finances and monitor everything, from purchases to collections and everything in between.
5. Supports Decision-Making
If there is one advantage of SQL Account that we cannot get enough of, it is the fact that it supports with decision-making. Since making decision-making relies heavily on access to information, you can utilize the accounting software for the support needed to make decisions. Generate crucial reports to get more out of the tool.
6. Improved Productivity
Besides efficiency, businesses will also get to take advantage of improved productivity when they use SQL Account. The back office will become more productive with the help of real-time posting. The software offers various business models which can be easily integrated for better analytics and more. Store all your data for years to come with the tool.
Perhaps, a benefit of SQL Account that makes it stand out is the fact that it is user-friendly. You should have no trouble using it to generate business reports, recording transactions, monitoring business activity, and more.
8. Completely Scalable
Just when you thought that you had gone over all the advantages of SQL Account, you also need to know that it is completely scalable. This means that it expands its capabilities as your business grows. Its strong architecture allows you to add and reduce users with just a click of a button. Therefore, you get to customize it based on your requirements.
SQL Account is extremely powerful. It is the only accounting software that you need to use for your business. You can use for taking your business to new heights.
SQL Accounting Key Accounting Software Features
SQL Account is the leading account software. It is extensively used in Malaysia and Singapore by companies of all sizes. The tool helps improve workplace performance by reducing human error. It can even maximize your profits with its key account software features that allow for GST processing, inventory maintenance, reporting formats, and more.
By selecting SQL Account, you get to utilize online resources for supporting the business. It is up to you to use the cloud or on-premise account software. The following key features will make you realize just how powerful it is.
- Invoicing: The software allows you to create professional invoices and send them to customers with just a click of a button.
- Projects: Keep track of all your projects with SQL Account. It allows you to check profitability and the amount of money spent on each project.
- Expenses: SQL Account ensures that users can better manage their expenses. The software has a separate section which covers expenses. It enables businesses to monitor every single expense for expense management as well as making payments.
- Reporting: Take advantage of reporting capabilities to know exactly how the business is doing in real-time. It does not get better than this. The reporting feature provides you with a variety of reports that you can use for decision-making and more.
- Inventory Management: The inventory feature allows you to place an order, sell inventory, and keep track of your inventory.
- Multi-Languages Support: The accounting software provides multi-languages support including Malay, English, Chinese, and more.
- Pricing: The pricing feature enables you to auto-assign and set different pricing for suppliers and customers.
- Profit Estimator: The profit estimator assess actual cost of items to compute the selling price and the amount of profit that you would be able to generate. The profit estimator can be used for better pricing decisions.
The best thing about SQL Account is that it allows for flexible reporting. Users can set the financial year and manage multiple projects. Compare your performance based on year or project with flexible reporting capabilities. You will find it to be incredibly useful.
Supports Multiple Currencies
If you are looking for the ultimate accounting software, SQL Account is just the software that you need to check out. It supports multiple currencies. This makes it the ideal tool for businesses that work with clients in different parts of the world.
Advanced Security Lock System
Security has become a serious issue in recent times. To ensure that you do not have to worry about any security issues, SQL Account offers an advanced security lock system which allows you to limit user access and more. Besides this, you also get to control what they access and do with the software.
SQL Account Supports Every Business Type
The following are just some of the types of businesses that SQL Account supports.
- Interior Design
- Professional Service
- Freight Forwarders
- Paper Industries
- Accounting Firm
- Property Management
- High Tech
- Importer & Exporter
Now that you know about the key accounting software features of SQL Account, you just need to try out its free trial to get a hand of it.
Choosing the best accounting software
When considering the above options, it is important to cross the available features with your requirements.
Nature and Size Of Business
This is a key aspect to consider. Some businesses have low volumes of transactions, while some have higher volumes. Taking a strong, multi-layered software for a business with low transaction volume could be more of a hindrance, but it is also important to consider how your business could scale up in the future. It is also important to consider the impact of taxes like GST on your business and choose accordingly.
If you are going for a high volume business strategy, it may be necessary to have accounting done at the point of sale to make sure your accounts are regularly up to date and you do not have to duplicate your efforts.
For large businesses, customization becomes a very important part of the software. The more customizable the software is, and the more options it has for new forms and reports, the better it is for you.
If you are at a stage of business where you may not be able to afford an accountant, then you will need a user friendly software which allows you to get things done without much of a fuss. The important thing is to keep it simple in the accounts and focus on making sales, since it opens up more resources for future accounting requirements.
What Is Cloud Accounting Software?
Cloud accounting software has become incredibly popular in recent times. It is also known as web-based accounting software and online accounting software. The software is hosted on a remote server. Users would send data directly to the cloud where it would be processed. The best thing about the software application is the fact that it can be accessed using the internet.
When businesses opt for cloud-based accounting software, they do not have to set up individual desktops and download the software on them as employees can easily access the solution on the cloud using their own device. This enables remote teams to access the data whenever they want and from wherever they want. Besides, cloud-based accounting software ensures disaster recovery and data backup which you would otherwise not benefit from if you were to select a desktop-based solution.
Why Choose Cloud Accounting Software?
If you are wondering why you should use cloud accounting software, the following reasons will help make up your mind.
One of the main benefits of selecting cloud accounting software is accessibility. It allows businesses to access their finances from anywhere anytime they want. You can access financial data with the solution without having to worry about any geographic or time limits. Besides, you do not have to deal with updates and downloads as everything is taken care of.
2. Real-Time View of the Business
Another reason to opt for cloud accounting software is real-time view of the business. Benefit from a complete updated view of the financial position. This will help your company make informed decisions. Instead of scrolling through outdated reports trying to make sense of things, you will find the solution to provide you with the real-time financial information.
3. Saves Time
Cloud accounting software also helps save time through automation. You can easily automate your work to save valuable time. Enter vital information to set up the workflow and ensure automation. You should be able to automate just about every monotonous task.
4. Easy Collaboration
In addition to the above, cloud accounting software allows for easy collaboration. Your team can use it to collaborate with the accounts department. Besides this, top management can generate reports for easier collaboration.
5. Improved Accounting Accuracy
A great thing about the cloud-based accounting solutions is that they help improve accounting accuracy. The risk of accounting errors would be decreased considerably as all the financial information would be analyzed to maintain accuracy.
6. No Installation Needed
As the cloud account software is hosted online, you do not need to install any program. All you need is an internet connection to access the solution. In fact, you can even download its mobile app for logging into your account.
7. Tech Support
Cloud solutions also provide tech support. If you experience any hurdles along the way, you can utilize the tech support to handle every issue that comes your way. It cares to show just how amazing the solution is.
Cloud accounting software is the perfect solution to all your financial requirements. It offers a ton of benefits. Hence, it is worth using.
Is Cloud Accounting Software Secure?
Cloud-based accounting has become extremely popular in recent times. More and more businesses are opting for a cloud solution than ever before. From SMEs to large corporations, a slowdown is unlikely. But, it is possible to feel reluctant about making the transition. This post takes a close look at whether cloud accounting is secure or not.
What Is the Cloud?
The first thing that one needs to know more about is the cloud. When we talk about data being stored on the cloud, it does not mean that it is floating in the sky. Instead, it simply means that the data is stored onto physical services which might be located in various geographical locations.
Organizations either lease or buy storage capacity from a server provider to store their data. In fact, the term “cloud” is used in reference to software that runs over the internet rather than a local physical device. An internet browser or dedicated app is required for accessing cloud services. Chances are that you already use a cloud solution such as Dropbox, Netflix, and Google Drive.
Cloud accounting software works just like any other cloud solution. It is similar to a traditional accounting system. However, it does not store data onto a hard drive or computer. Instead, it stores data remotely onto a secure server.
Advantages of Cloud Accounting Software
There are many benefits of cloud accounting software as mentioned below.
- One of the main benefits of cloud accounting software is that it enables users to access finances anytime they want from any device and any location. The only requirement is an internet connection and a device.
- Another benefit of the system is that it ensures that the data is always up-to-date. The moment financial information is entered, it is immediately available to the entire team wherever they might be depending on whether any restrictions are imposed or not.
- When you switch to cloud accounting, you get to ditch paperwork. The solution helps remove the need for searching through piles of invoices and receipts. Everything is available with just a click of a button.
- In addition to the above, the solution is also beneficial for maintaining tax compliance. It comes equipped with tax capabilities which you can use for managing all your tax needs. Thus, you have nothing to worry about.
- Finally, the cloud system can even help you save money. Unlike on-premise storage that has software, licensing, and software costs, cloud accounting is a more affordable option. It does not require any infrastructure or specialized staff.
Do I Need To Worry About Hacking?
Although you might have come across plenty of high profile hacking cases on the news, the cloud is a very safe option as long as you follow the precautions as mentioned below.
- Use secure password and prevent third-parties from gaining access.
- Ensure multi-factor authentication.
- Teach your staff online safety procedures.
- Use antivirus software.
- Restrict access to controls and change passwords regularly.
Find the Right Accounting Solution for Your Organization
Accounting software has come a long way. If you find your staff spending hours updating the spreadsheets, it is about time that you find the right accounting solution for your company. As the business world has become extremely competitive, you need to keep up. You are wasting time if you still have not found the right solution.
The fact is that coping with complicated on-premise options is just not worth it. Instead, your employees could use their time providing strategic value. Rather than wrestling with the inflexible and aging system, you need to implement new account software. The following tips will prove useful.
1. Consult with Your Accounts Staff
The first thing that you need to do is consult with your accounts staff. Whether you have an in-house accountant or an outside consultant, it is important that you discuss with them the company requirements before taking the big plunge. The accountant might even be able to recommend a solution. Besides, you should get them involved as they would be responsible for helping set up the software. Nobody knows the business better than the account. Therefore, it is important that you discuss with them.
2. Discuss with the IT Department
Next, you need to talk to the IT department about your decision to find an accounting solution. They have a better understanding of your hardware situation and will provide you with important knowledge that you can use to make your decision. Therefore, it makes perfect sense to discuss your plans with them. It will help prevent any disruptions later on.
3. Consider Your Budget
Another tip that you cannot afford to overlook is going through your budget. Although Peachtree and QuickBooks might seem affordable, you still need to find a solution that suits your industry and national legislation requirements. Have a budget in place as it will help point you in the right direction. However, it does not mean that you should solely focus on cost. You need to keep in mind that there are more important things as well besides cost.
4. Look at Your Competitors
In addition to the above, you should also look at your competitors. Get an idea about which solution they are using. You never know. They might just be using the best accounting software for your industry. Hence, you should never forget to consider the type of software they use. It pays to find out what type of software everyone else in the industry uses. You can ask for advice at business association meetings.
5. Prepare a Wish List
Finally, you need to prepare a wish list. It should consist of everything that you would want in the accounting software. Now, it is impossible to find a solution that meets every item on the list. However, you should know what your priorities are and look for a system accordingly.
Once you have finished reading this post, you will know what to consider when on the lookout for an accounting solution.
Accounting Software for Small and Medium-Sized Businesses
When it comes to accounting software for small and medium-sized businesses, SQL Accounting Software or SQL Account for short is the ultimate solution. It is suitable for every type of organization. When you use it, you will realize that it broadens your horizons and offers opportunities that you might have not noticed before.
The best thing about SQL Account is the fact that it is user-friendly. This means that small and medium-sized businesses should have no trouble using the accounting software to handle all their accounting work. In fact, the solution can be easily integrated without any fuss.
When you use SQL Account, you get to benefit from accessibility. The software can be accessed anytime and anywhere. Check your account and manage everything whenever you want and from wherever you want. It does not get better than this.
Batch Emails Statements
SQL Account also enables users to batch email statements to customers with a password encryption.
Real-Time Company Overview Reports
With SQL Account, you get to use real-time company overview reports for gaining a better perspective of the financial position. This ensures that better business risk assessments are made.
Special Industries Version
SQL Account even has a special industries version which you can use for every industry, from construction to property management to shipping and forwarding.
Advance Security Locks
Since security is of paramount importance, SQL Account provides advance security locks which allow users to restrict access to crucial documents such as cash books and separate ledgers.
Take your business to the next level with intelligence reporting offered by SQL Account. The comprehensive reporting provides you with all types of reports like commission collection reports, annual profit and loss comparison reports, and most profitable customer reports.
A great thing about SQL Account is that it is an affordable accounting solution. You can try out the free trial to make up your mind before signing up for its cost-effective basic plan or you can switch to the pro plan to benefit from more features.
SQL Software Features
SQL Account provides a variety of features that you can use to better manage your business. The features ensure that you can manage everything, especially payroll. The payroll software is equipped to support the HR management. It is compliant with labor laws and regulations.
Certified By Statutory Bodies
Since compliance is necessary, small and medium-sized businesses will find SQL Account to be the perfect option. It is fully compliant with Malaysian employment requirements. The software requires minimal effort for all companies.
Batch Email Payslip
SQL Account allows employers to securely send payslips to every employee with password-encrypted batch email.
In addition to the above, SQL Account provides e-submission format which you can use for all banks such as Public Bank, HLBB, CIMB, May Bank, and many others.
Comprehensive Management Reports
Finally, you can use SQL Account for its comprehensive management reports to check annual payroll reports, contribution reports, and more.
SQL Account is the ultimate accounting software for small and medium-sized businesses. It is designed to help your business manage its financial department better.
How Does Our Simple Accounting Software Work?
Professional accounting software is necessary for every business that operates in Malaysia and Singapore. With our accounting solution, you get to take control of all your finances. Grow your business by utilizing the tool. When you use the right software, you will get to create detailed reports and manage your financials including taxes with ease.
Our system helps make sure that all our valued clients are compliant with financial legislation. This means that you would not need to stress about any penalties or non-compliance. Whether you are a small business owner or operating a medium-sized business, you can use the accounting software for managing your business better. We have helped countless businesses establish a solid foundation.
How Our Accounting Software Works?
Back in the day, accounting software had to be downloaded onto the computer of the user. This resulted in data remaining within their system. However, things have changed for the better since the emergence of cloud technology. Now, users have the option to select a solution that is hosted somewhere else.
With the cloud technology, you get to manage your accounts securely no matter where you might be located. Everything would be stored on the cloud on a remote computer or server. All you need is an internet connection to interact with the solution. Since managing a business on the go is not easy, you need our simple accounting software to keep going. It provides real-time information at your fingertips.
Key Accounting Software Features
When you use the tool, you get to benefit from the following features.
- Accounts Receivable: Track all client payments with accounts receivables.
- Accounts Payable: Similar to accounts receivable, you can use accounts payable for tracking payments in respect of supplier invoices.
- Dashboard: The dashboard allows you with the ability to track key financial performance indicators.
- Inventory Management: Maintain the desired amount of goods and stock with inventory management.
- Intelligent Reporting: Gain valuable insights into your business performance with intelligent reporting. It is the ideal feature for decision-making.
- Invoice Creation: In addition to the above, you can even create invoices with just a tap on the screen. You can also track payments with the feature.
If you are wondering whether the accounting software is secure, you have nothing to worry about as it is completely secure. With the rise in cybercrime, it is obvious to think about storing sensitive information on the cloud. But, our software is simply the best. You can consult with our expert team for much-needed reassurance.
Building a business is hard work. This is why you deserve the safest solution. Our cloud accounting software utilizes high security features for preventing unauthorized access. Moreover, our technology is automatically backed up which means that there is no risk of you losing important information.
Our simple accounting software works in such a way that you do not have to put in any effort. It is completely safe and provides you with greater control over your company finances.
How Accounting Software Can Help Your Business?
Running a business is no easy task. You can quickly get caught up in daily operations. This is why you need accounting software to better manage your business. You will find it to be just what you need. A secure accounting solution allows you to reduce administration inefficiencies and better manage finances. Dedicated financial software will provide you with much-needed control over the business. The following reasons highlight how the tool could help your business.
1. Boosts Efficiency
One of the ways through which account software can help your business is by improving efficiency. When it comes to operating a business, it is essential that you run it as efficiently as possible. Thus, you need an accounting solution to complete all your administrative duties with minimal disruption.
As you start using the tool, you will gain the freedom to deal with profit-generating tasks. Since the program will ensure that you complete bookkeeping with just a few steps, you will stop wasting time going through spreadsheets.
2. Automates Accounting
Another way the software helps businesses is by automating accounting. Through automation, accounting duties are made simple. You can benefit from the tool as it will generate invoices, compile statements, add totals, and more. As everything would be automated, you would not need to calculate everything by hand. Besides, automatic tools tend to be a lot more accurate in comparison to hand-calculated figures. There would be less room for errors and you would get a clear picture of the business.
3. Simplifies Tax Filing
If your accounting records are disorganized, they would cost you when it comes to filing taxes. It is important that you use accounting software to ensure that tax filing is taken care of. It would prevent the risk of submitting misrepresented information which could land you in possible legal issues, penalties, and fines. Hence, an accounting solution is the only way to go. The fact is that disorganized books will cost you in the form of missed tax deductions and reductions. It pays to have every transaction organized so that you can quickly fill out the return accurately.
4. Protects the Business during Audit
There is always a possibility of your business coming under the microscope during audit. Having complete and accurate accounting records is vital in case of an audit. The auditors will go through all the books to ensure that the information is correction. If inconsistencies are found, you would need to pay a fine or penalty. It could also affect your reputation. Hence, accounting software is needed to stay on the right side.
5. Offers a Running History of the Business
Finally, the accounting software can be used for generating reports, analyzing past performance, and accessing the running history of the business. Thus, you would have no trouble forming achievable and realistic goals. The financial history will enable you to plan ahead.
Accounting software is extremely useful. It can help your business in a number of ways. This is why it is important that you invest in the right software.
Grow Your Business with Our Accounting System
When it comes to running a business, there is a lot that goes on into it. Since the accounts and finance department is the backbone of every business, it is crucial that you use the right accounting software. This is where our accounting system comes into place. It is trusted by both small and large companies in Malaysia and internationally.
Having provided accounting solutions for a long period of time, we have established ourselves as the leaders. With our accounting software, you will be able to grow your business and reach new heights. It allows you to better manage your business and keep going.
One of the best things about our accounting system is that it is affordable. No matter how strict your budget might be, you can rest assured knowing that you should have no trouble paying for our software. There is bound to a monthly subscription or annual payment plan that you can subscribe to for the right price.
Another great reason why you should use our accounting system to grow your business is that it is super intuitive. This means that you will experience no trouble getting a hang of it. The tool is quick to set up. You can manage it to take control of your business. It does not cause any delay as anyone that uses the tool will instantly get a hang of it.
When you start using our accounting system, you will quickly realize just how convenient it is. Regardless of where you might be located, you can view and update all your accounting details. The only thing that you need is an internet connection. Thus, you can work on the go with our tool.
In order to grow your business, you need to be compliant. This is where our accounting system truly shines. We put in the effort to ensure that we stay on top of the latest legislation. The software will handle all the calculations along with submissions. Therefore, your business would always be compliant with our accounting system.
In addition to the above, our accounting software integrates the latest accounting applications. This enables users to connect with team members from any device in real-time. To grow your business in the digital world, collaboration is crucial. It is only possible with our tool. Once your staff starts using it, they will benefit from collaborative capabilities.
The accounting system enables users to customize the dashboards and reports based on their requirements. Hence, you get to track your key accounting metrics without any disruption. It does not get better than this.
Practical Bookkeeping and Accounting Training
Finally, we also provide practical bookkeeping and accounting training. Your employees can benefit from the training to make the most of our accounting system. It is as good as it gets.
Growing your business just got a whole lot easier with our accounting system. It is just the tool you need to manage your company efficiently.
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