ADVANTAGES OF ACCOUNTING SOFTWARE

computerized accounting system Speed – data entry onto the computer with its formatted screens and built-in databases of customers and supplier details and stock records can be carried out far more quickly than any manual processing. Automatic document production – fast and accurate invoices, credit notes, purchase orders, printing statements and payroll accounting software documents are all done automatically. Accuracy – there is less room for errors as only one accounting entry is needed for each transaction rather than two (or three) for a manual system. Up-to-date information – the accounting software records are automatically updated and so account balances (e.g. customer accounts) will always be up-to-date. Availability of information – the data is instantly available and can be made available to different users in different locations at the same time. Management information – reports can be produced which will help management monitor and control the busines...

Accounting software is a very helpful tool to assist businesses in complying with their taz obligations. With effect from 1 July 2009, IRAS will partner Infocomm Development Authority of Singapore (IDA) to provide a subsidy scheme to encourage SMEs which are registered for Goods and Services Tax (GST), to use accounting software that are compliant with IRAS e-Tax Guide: Guide on Accounting Software for Software Developers. Such software product/packages are listed in the IRAS' Accounting Software Register. To help you in your search for the right solution, we h ave divided the market into segments as follows. Please click on Industry Solutions to the right to see if we have included products that fit your specific industry better. If not, of if you have a fantastic solution we have not included here, please let us know. High Mid-Market candidates have more demanding transaction and reporting needs and therefore scale very well. These accounting software solutions typic...

MYOB is a computerised accounting software  package that gives you the ability to handle your business finances like a professional. The benefits are many and once you use the program correctly you should start reaping them immediately. Additionally, using this (or another) computerised system can help you cut the cost of bookkeeping or accounting outsourcing fees. 1) Faster input: Manual entries can be more time consuming. This is especially so when you have to be creating headings or labels as you go alone. As a matter of fact, manual systems can require multiple entries per transaction and are likely to be more complex. The more complex the system the more time it will take. 2) Greater cost cutting: A computerised accounting software package like MYOB offers up-to-date, accurate and easy to access financial information. This means that audit and accounting expenses will be much less than they are likely to be with a complex manual system that only you can readily un...

The Accounting software is used by more than five million users around the world to streamline time tracking and invoicing. The vendor has recently updated the product to allow easy collaboration between team members and has added a redesigned dashboard where you can prioritize tasks and manage payments. The classic features have not changed and Singapore Accounting software continues to offer top rate invoice-to-payment functionalities, including direct payment gateways, overdue payment reminders, delay fees, and payment claims. You can use the system to collect payments easily and automate the recurring billing process to accept Google Checkouts, Amex, PayPal, and credit card payments. We are able to see to your company operation and advise on which brand or functions suits you the most. Government grant are available too.  You can get 60% cash payout under PIC scheme should you buy our range of accounting software claimable via Productivity and Innovation Scheme (subject t...