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Showing posts from May, 2017

SEVEN FACTS YOU SHOULD KNOW ABOUT UBS ACCOUNTING SOFTWARE

1) User Interface & Complexity Most of the business owners do not have any accounting background. Event if you have a dedicated accountant who would be using the application, as an owner you should be able to login and browse the things. Also, it should be easy enough for your employees to learn the software. Investment in training is a cost and should be avoided. If the accounting software is stuffed with every possible feature you can imagine, it will become difficult to use for your team. So, go for a software which has a simple user interface and is not bloated with unnecessary features. Clean interface makes it easy to focus on the important tasks and can reduce the learning curve. 2) Scalability Lot of businesses make a mistake by buying an application which suits to their needs at the time of purchase. Later, when their business starts to grow, the accounting software fail to cope up with the progress and eventually business owners have to migrate to another softw

HOW DOES ACCOUNTING SOFTWARE HELP YOUR BUSINESS

Accounting software is a very helpful tool to assist businesses in complying with their taz obligations. We 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. Accounting software can help you: record transactions (bookkeeping) increase staff productivity get insights into overall financial performance create consolidated financial statements improve data accuracy decrease outstanding accounts receivable and make fact-based decisions.  financial areas every entrepreneur should monitor  practical ways to determine the value of a major project What does accounting software do? Accounting software handles all financial aspects of your company. The simplest programs help you pay bills, prepare invoices, calc

IMPORTANCE OF UBS ACCOUNTING SOFTWARE

Accuracy Accounting software can help to increase the accuracy of your records by reducing or eliminating human errors in calculation. Manual bookkeeping processes involve making a lot of mathematical calculations by hand. An incorrect calculation early on in the in the process could have a great impact on the end balance. Computers, on the other hand, are virtually incapable of making such errors. However, it should be noted that accounting software is not immune to human errors arising from data entry or interpretation mistakes. Speed Using accounting software allows businesses to process their accounts with greater speed than manual processing. Part of this speed increase comes from the use of computers, which are able to process figures far faster than the human brain. In addition, accounting software allows organizations to increase efficiency by introducing automation. Say, for example, that a business needs to record sales tax on all of its transactions. Accounting s

IMPORTANT FACTORS YOU SHOULD KNOW ACCOUNTING SOFTWARE

User Basic Software Pte. Ltd. also provide accounting, we have trained  from various industries including trading industry, service industry, manufacturing industry, retail industry and many others. We are leading company in providing accounting software, payroll accounting 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. Make a list of essential features that you absolutely need in an   accounting software . Here are some feature which must be part of a good accounting package. Create invoices and customise the look and feel Track expenses according to categories Manage accounting software inventory, inward-outward stock movements and wastage Perform bank reconciliation by importing bank t