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Showing posts from April, 2018

Top Accounting Trends in 2018

Accounting plays an important role in the performance of any business. Over the years there have been a number of changes in the way accounting is carried out. Many accounting and bookkeeping companies are embracing the trends in accounting in order to reshape their business and simplify their work to a great extent. Let's take a moment to speak about the top accounting trends in 2018 and further than. Cloud Accounting Most businesses depend on the cloud for various functions from data storage to connectivity and reducing business costs. A promising accounting trend, Cloud accounting paves the way for enhanced collaboration with team members and a better overview of the business' finances. Cloud Accounting requires a software that runs on servers and connectivity to the internet. Automation Automation of accounting is a trend that can save businesses a big amount of time when it comes to accounting. It is slowly eliminating the need for manual data entry and savi

Online Accounting Software in Singapore

User Basic Software is an online accounting software provider in Singapore. With User Basic Software , you can access your financial accounts/details right away from any device. In an ever growing technological world, it's time to set free you from being limited to a particular computer. User Basic Software helps everyone be able to access data from practically anywhere and work on financial accounts/details at the same time. You should give limited access rights to anyone so that they could see only what you've allowed. Along with the numerous benefits, there may be some issues which come with desktop accounting software. These programs are habitually very expensive and require some training to understand and use effectively. Moreover, using desktop accounting software up-to-date is costly and clunky. And the most significant, you need huge space for backups when you are not using online accounting software. Another huge benefit of using online accounting

How can a Small Business benefit from Cloud Inventory Software?

Small businesses in Singapore who have one location or multiple locations, your business can always benefit from cloud-based inventory software . Here are some amazing benefits of Cloud-based Inventory Management Software: Fully Scalable Software  Longtime before businesses had to make hard decisions about their operational software. They could buy for their size and predict the need for an upgrade. Luckily, the cloud-based software has changed this by making inventory management systems fully scalable. As these solutions are virtual, they can be upgraded at any time.  Functions may be added, removed, expanded, altered or combined with other products. Faster Installation and Easier Employee Training The older way of doing business required to install software on each and every computer of the team members uses and have a dedicated IT department to keep that software running. This cuts into profits slow down training time and increase work costs. Cloud-based software doe

Singapore Company Registration options for Foreigners

Singapore’s Economic Development Board has made an amazing work in offering incentives to international companies. Foreign companies looking for to set up their head office in Singapore are allowed to concessionary tax rates which range from 0 % to 15 % for up to five years. The country also offers a wide-ranging network of trade agreements, covering over 20 free trade areas in 27 economies and 71 double taxation agreements. Apparent of all these incentives, it is not surprising to find a huge number of foreign companies forming the core of Singapore’s mainstream industries. A foreign individual/entity wanting to incorporate a company in Singapore has several options which one can select based on their long-term business goals, type of industry, company size and other factors. The Accounting and Corporate Regulatory Authority is mandated with the task of registering all businesses, including foreign companies. The foreigner must take on the services of a registered filing ag