Skip to main content

THE BENEFITS OF PAYROLL AND ACCOUNTING BEING BUILT TOGETHER

Here are a few of the benefits that can be achieved with a built in payroll software system as part of your accounting software:
Myob Accounting has become a household brand in Singapore and in many countries and known for it’s super easy to use accounting software functions. It has the ability to easily create chart of account, imputing daily transaction and real time viewing of accounting reports.


Efficiency – employee information is maintained in one system, accessible to everyone that needs access, while controlling what is visible to each group
Accuracy – payroll information is calculated by the software quickly and consistently
Flexibility – payroll software  can be run for different time periods where necessary. Hourly employees can be paid on a different schedule from salaried personnel, and contractors may be paid on yet another cycle.
Single Source – everyone views the same information. There are no spreadsheets or manual documents with conflicting information. Project supervisors see the same real-time information as management and human resource staff.
Reporting – A variety of reports can be tailored to specific needs, and automated to provide critical information on a timely basis.


Labels:
Location: Singapore

Comments

  1. Kavi Priya29 March 2019 at 05:42

    Great post! I am actually getting ready to across this information, It's very helpful for this blog.Also great with all of the valuable information you have Keep up the good work you are doing well.
    HRMS Software in Dubai
    HRMS Software in UAE

    ReplyDelete

Post a Comment

Popular posts from this blog

CHOOSING THE RIGHT ACCOUNTING SOFTWARE

To find the right  accounting software  for your business, ask potential vendors the following questions: User Basic Software   is a Singapore based company, which develops business software to serve market in Singapore. Every business starts with User Basic Software. We inspire to be the number 1 integrated business solution provider and also aim to deliver cost effective accounting software solutions to the customers. Established in 1999, we are currently the leading company in providing accounting software, payroll software,  inventory software  and many more in Singapore and Malaysia. We market software for the small and medium enterprises (SMEs) market. The company is listed on the IRAS Singapore for compliance to it’s guideline on accounting software and CPF Board Singapore for compliance to IR8A and CPF text file online submission. Is your software built for small businesses? Is your software a good fit for my industry? Do you offer customized solutions to fi
10 comments
Read more

Benefits of Using Payroll Software at the Early Stage of Your Business

Benefits of Using Payroll Software at the Early Stage of Your Business Helps you make the correct payment Payroll encompasses more than ensuring that your employees get paid. It will help you by notifying you when these tax updates arrive.  Payroll Software  takes away the pain associated with defining and optimizing the salary structures. Generate payslips Using a Premium payroll software allows you to quickly and easily generate payslips with different templates for all your work- force with the statutory minimum amount of information included. Added Security By managing payroll in-house with payroll software, the organization removes the uncertainty that comes with the sending of private information of an employee to a third party Saves more  time and money It takes more time and resources for an organization to manage its own payroll, when compared to payroll outsourcing. Payroll software helps to speed every aspect of the payroll process with a range of a
Post a Comment
Read more

KEY FEATURES OF MYOB ACCOUNTING SOFTWARE

Features And Reporting MYOB accounting software  supports data entry in both Traditional Chinese and English languages. Hence, upon choosing your language, all information, images, chart of accounts, details and control panel will be displayed in that language. This allows Chinese companies to use them at ease and yet work with English companies at the same time. We our wide range of accounting software , we are sure to advise you on which the accounting software to purchase. Below are some of the key features and reporting: Able to allow users to create multi companies Able to allow user to easily edit accounts transactions Able to amend billing such as invoices and purchase Able to modify some reporting Able to print stock aging reporting Able to print cash flow reporting
Post a Comment
Read more