Friday, 19 May 2017
WHY BUSINESS PEOPLE ALWAYS CHOOSE ACCOUNTING SOFTWARE
EZ Payroll is listed on
Singapore CPF board and IRAS as a approved vendor for submission of CPF text
file online and yearly auto – inclusion text file too for yearly IR8A of
employees salaries and all allowance and deductions.
This usually comes in
two types – desktop accounting
software or online accounting software. Desktop packages
come in the form of a CD or download that you install onto your computer. If
your accounts are simple, a basic software package should be sufficient,
although consider which features you will need in the future. Payroll and VAT
functions may not be relevant now, but check to be sure that the package you
buy can be updated with different elements as your business grows. Online accounting software
is considered by many to offer more flexibility than desktop software.
Accessing your accounting system via a web browser, your records and data are
stored securely, which can combat any loss by theft of computer crashes, and
can be accessed wherever you are or whenever you like.
Create invoices and
customise the look and feel
Track expenses according
to categories
Manage inventory,
inward-outward stock movements and wastage
Perform bank
reconciliation by importing bank transactions
Create purchase orders
(PO) and record inventory purchases
Create and manage taxes
Record Journal
Voucher entries
Manage list of
customers & vendors
View account payables
& receivabless
View Balance Sheet,
Profit & Loss statement and Trial Balance reports
Add additional team
members
EZ Accounting
had been proven to be more then just reliable. We have all the attributes that
SMEs are looking for: Up-to-date, Credible and Competent.EZ Accounting Pte.
Ltd, provides more then just accounting
softwares. We are friends to SMEs, providing them with the
answer to bigger, better business opportunities.
THINGS TO BE CONSIDER TO START UP ACCOUNTING SOFTWARE
Simple to use and user
friendly interface allows anyone whom had not used payroll software before to
kick start using it within 1 hour of on site training. Our payroll software has
the capability to auto compute CPF for submission online using it’s .TXT file
which cut down a lot of manually computation of payroll.
Leave management is
also included in accounting software which allows
staff to apply leave either off line or online whereby they can submit E-leave
or E-Claims online using our user friendly cloud system.
To find the right accounting software
for your business, ask potential vendors the following questions:
Is your software built
for small businesses?
Do you offer customized
solutions to fit my business's needs?
How many employees and
clients can your software accommodate?
How can your software
help me comply with GAAP, tax laws and financial regulations?
How is my data backed
up? Can access be restored immediately during an outage?
What security measures
do you have in place to keep both my business's and my customers' data secure?
What is the total cost?
Are there any setup or cloud storage fees?
What types of tech
support and customer service do you provide? (For instance, does the provider
offer your preferred form of contact, such as phone or live chat?)
7 IMPORTANT FACTORS ABOUT MYOB ACCOUNTING SOFTWARE
some of the features accounting software
should offer to help you save time and better manage your finances:
Basic accounting tasks
Most small businesses
can make do with accounting
software that offers basic functions like invoicing (both by
email and snail mail), income and expense tracking, financial report
generation, and client and vendor management.
Automation
Things like automatic
billing, recurring payments, past-due notifications and other automated
processes save you time because you will not have to manually do them yourself.
Quote and estimate
creation
Use customized, premade
templates to create quotes and estimates for clients; then automatically
convert them into invoices.
Tax preparation
Make both your life and
your accountant's life easier with accounting software that can help you with
your taxes. Features include automatic tax calculations, multiple tax rates and
tax reporting, and the ability to instantly email all necessary data and files
to your accountant at the click of a button.
Multiuser access
Most accounting software
products give access to multiple users (e.g., you and your accountant), so you
don't have to do everything on your own.
Payroll processing
Enter time sheets,
calculate pay, print checks and pay your employees — without all the legwork.
Mobile access
Use your accounting software
anytime, anywhere on your mobile phone or tablet. This is particularly useful
for business owners who are always on the go and are too busy to sit down and
manage the books at a computer.
DID YOU NEED START UP ACCOUNTING SOFTWARE FOR YOUR BUSINESS
best accounting software
for your business, the first step is to figure out the primary reasons why you
need one in the first place. For some businesses, using spreadsheets, or even
handwritten ledgers, will do. For most, however, the ease and efficiency of
accounting software make it the better choice.
Here are some factors
to consider:
You're just starting
out. Using accounting
software right from the start sets your business up for
success down the line. It's far more beneficial to begin using accounting
software from the first day than to implement one after months, or even years,
of using spreadsheets or handwritten ledgers.
Your business is
growing. If you plan to expand your business, or if your business is quickly
growing, a manual accounting system becomes inefficient and complicated. If you
use myob accounting
software, it can save your growing business tons of time and
money by automating processes and being highly scalable to your business' size.
You want immediate,
on-demand access. Think accounting
software is just about the numbers? On the contrary, this
software gives you an easily accessible database of both financial and customer
information. You can even include all types of details about clients and
vendors, such as contact information, purchase histories and credit terms.
You want to streamline
your operations. By performing tasks ranging from payroll to day-to-day
transactions, accounting software can integrate all parts of your operations
and automatically input data from other systems, such as your enterprise
resource planning (ERP) system, point-of-sale
(POS) system, customer relationship management (CRM)
system and other third-party solutions. Accounting software can also link your
bank accounts and credit cards to automatically track expenses and update your
books.
Your current system is
too complicated. Not all accounting systems are made the same. For small
businesses, some of the mainstream accounting software
systems is too complex and packed with unnecessary
features. If the software you currently have is too complex, a solution made
specifically for small businesses is a much better option.
You want to make sure
you comply with all laws and regulations. Don't know anything about generally
accepted accounting principles (GAAP), tax laws or other financial regulations?
Many accounting software programs do the legwork for you and can guide you to
ensure compliance. You can't get that with spreadsheets or by doing everything
by hand.
Tuesday, 21 February 2017
7 REASONS TO CHOOSE THE UBS ACCOUNTING SOFTWARE
Basic accounting tasks
Most small businesses can make do with accounting software that offers
basic functions like invoicing (both by email and snail mail), income and
expense tracking, financial report generation, and client and vendor
management.
Automation
Things like automatic billing,
recurring payments, past-due notifications and other automated processes save
you time because you will not have to manually do them yourself.
Quote and estimate creation
Use customized, premade templates to create
quotes and estimates for clients; then automatically convert them into
invoices.
Tax preparation
Make both your life and your accountant's life
easier with accounting software
that can help you with your taxes. Features include automatic tax calculations,
multiple tax rates and tax reporting, and the ability to instantly email all
necessary data and files to your accountant at the click of a button.
Multiuser access
Most accounting software products give
access to multiple users (e.g., you and your accountant), so you don't have to
do everything on your own.
Payroll processing
Enter time sheets, calculate pay, print checks
and pay your employees — without all the legwork.
Mobile access
Use your accounting software anytime,
anywhere on your mobile phone or tablet. This is particularly useful for
business owners who are always on the go and are too busy to sit down and
manage the books at a computer.
WHY DO YOU NEED MYOB ACCOUNTING SOFTWARE
To find the best accounting software for your
business, the first step is to figure out the primary reasons why you need one
in the first place. For some businesses, using spreadsheets, or even
handwritten ledgers, will do. For most, however, the ease and efficiency of
accounting software make it the better choice.
Here are some factors to
consider:
You're just starting out. Using accounting software right from the
start sets your business up for success down the line. It's far more beneficial
to begin using accounting software from the first day than to implement one
after months, or even years, of using spreadsheets or handwritten ledgers.
Your business is growing. If you
plan to expand your business, or if your business is quickly growing, a manual
accounting system becomes inefficient and complicated. If you use accounting
software, it can save your growing business tons of time and money by
automating processes and being highly scalable to your business' size.
You want immediate, on-demand
access. Think accounting software is just about the numbers? On the contrary,
this software gives you an easily accessible database of both financial and
customer information. You can even include all types of details about clients
and vendors, such as contact information, purchase histories and credit terms.
You want to streamline your
operations. By performing tasks ranging from payroll to day-to-day
transactions, accounting software
can integrate all parts of your operations and automatically input data from
other systems, such as your enterprise resource planning (ERP) system,
point-of-sale (POS) system, customer relationship management (CRM) system and
other third-party solutions. Accounting software can also link your bank
accounts and credit cards to automatically track expenses and update your
books.
Your current system is too
complicated. Not all accounting systems are made the same. For small
businesses, some of the mainstream accounting
systems is too complex and packed with unnecessary features. If the
software you currently have is too complex, a solution made specifically for
small businesses is a much better option.
You want to make sure you comply with
all laws and regulations. Don't know anything about generally accepted
accounting principles (GAAP), tax laws or other financial regulations? Many
accounting software programs do the legwork for you and can guide you to ensure
compliance. You can't get that with spreadsheets or by doing everything by
hand.
source:businessnewsdaily.com
ACCOUNTING SOFTWARE LIMITATIONS: IS FREE REALLY BETTER
Although Wave is excellent accounting software for small
businesses, it offers only core accounting functions, so it isn't for everyone.
And because it's a free software, it comes with several limitations that may
make a paid software a better option for your business.
Here are three main shortcomings
that we found with Wave Accounting:
Customer service
One key feature that's not
available on the Wave Accounting software is customer support — at least not
for free. Although the company has an FAQ page, community forums, a knowledge
base, webinars, user guides and other sources of information, sometimes what
you really need is to speak with a live person. Whereas paid accounting software options come
with free live customer support, Wave requires you to purchase Premium
Services, which start at $9 per month. Paid support packages include live phone
and chat support and a direct line to Wave headquarters.
Payroll
Payroll services are not included either. Most
paid accounting software programs come with payroll services (either as a
built-in feature or third-party integration), but you'll need to pay for Wave
Payroll to use Wave Accounting to pay employees. Wave Payroll costs $15 per
month, plus $4 per employee per month. Besides the additional costs, this also
means you're forced to use Wave's own payroll tools, which limits your options
and may make payroll harder if you prefer to use your own payroll solution.
Advertisements
Wave is free because it uses
advertisements. In addition to posting ads while you're using the software
itself, Wave will also include its branding on communications sent to
customers, such as invoices and emails. There is currently no way to get rid of
advertisements, so if this is a major deal breaker, a paid accounting software
is for you.
To give you a better idea of
whether a paid accounting software
is better for your business, here's how Wave compares to the rest of our top
picks for the best accounting software
PAYROLL ACCOUNTING SOFTWARE IS BEST ACCOUNTING SOFTWARE FOR SMALL BUSINESS
Why Wave Accounting?
Ease of use
It's very easy to use Accounting software, and it's even
easier to get started. Create an account in seconds by entering your email
address and desired password (you can also register using your Google or Yahoo
account). After signing up, you can customize your account by filling out your
company name and type of business, which Wave uses to automatically create a
dashboard that best suits your needs. The service also lets you add contact
information, such as your address and phone number, so that this information
will automatically appear on invoices, payments and other transactions.
When you log in, you'll be
greeted with a simple dashboard, which we found very easy to navigate. It uses
a sidebar menu divided into categories like Transactions, Invoices, Bills,
Receipts and Reports, so you can quickly find core functions without
difficulty. With Wave's user-friendly interface, we found our way easily and
were able to create invoices, track finances and perform other accounting tasks
in no time.
You can find out more information
and experience Wave yourself by signing up for a free account or joining one of
the company's free webinars for new customers.
Time-saving features
Business owners we spoke to said
that some of the main things they look for in accounting software are features
that will save them time and take the stress out of managing finances. We've
found that Wave's automated features fit the bill.
Some time-saving features we
liked are automatic billing and invoicing. In addition to setting up recurring
bills and invoices, you can also set up reminders to help you keep track of
paid and unpaid items.
Wave also automatically syncs
data, so you don't have to manually input transactions yourself. For instance,
the service securely connects with your bank, credit card, PayPal and 10,000
other financial institutions to automatically download and import expenses,
deposits and other financial data in real time. Your data is also automatically
backed up.
And if you're in a hurry — or you
just want to see your business's financial status without going through all the
numbers and reports — the dashboard features snapshots of all the critical
information you need right when you log in. For instance, you'll find
at-a-glance views of your income, expenses, bank and credit card accounts,
payables, receivables, recent activity, and more, all in one easily accessible
page.
Another feature we liked is the myob accounting software ability to easily and quickly create accurate
financial reports, such as balance sheets, sales reports, tax documents and
more using pre-made templates. That way, you don't have to waste time starting
from scratch, especially if you know nothing about financial reporting.
Monday, 13 February 2017
UNDERSTAND YOUR ACCOUNTING NEEDS: IMPLEMENTING YOUR ACCOUNTING PACKAGE
Implementation is much more than
just installing some Accounting
software. Your implementation plan should consider the following.
Package installation - this will
usually be in the form of a CD-Rom and may require you to register the package
with the supplier so that it is fully licensed and works correctly.
Initial company setup - you will
need to enter details of your business including the year-end date and other
details. Your Myob accounting Software
package may have several different Charts of Myob Accounts – i.e. the headings
that you use in your accounts - so you can choose to suit your type of
business. However, you may need to tailor this to your requirements. Your
accountant should be able to advise you on this work, or undertake it for you.
Parallel running - you may find
it useful to run Accounting Software your old accounts and the new package
alongside each other for a while to ensure that you are getting correct
results. However, it is difficult to maintain parallel running for very long
because of the duplication of effort.
Training - the staff who work
with the accounting package on a day-to-day basis should ideally have some
formal training in the use of the package. You should time this training so
that it is done shortly before the installation of the software.
Support - it is a good idea to
purchase a support agreement from your supplier for your new accounting
package, at least for the first year of operation so that you have a readily
available contact to help sort out queries and problems. Many small businesses
find that a support agreement is a good investment even after this initial
period.
Sunday, 12 February 2017
ISSUES TO CONSIDER WHEN MAKING YOUR ACCOUNTING PACKAGE SELECTION
We offer a wide range of accounting software’s and
inventory software’s across a complete spectrum of brands, priding ourselves as
total solution providers. Meanwhile our extensive, well-trained and readily
available team of engineers is waiting to help you. Furthermore, we are listed
as fast track approval consultants for software package solutions under iSPRINT
BY IDA Singapore.
The market place for accounting software packages is
more complex than for typical office packages. You will probably require continuing
support and maintenance to ensure that you have someone to call to solve
problems if and when they occur.
You may want to work with your
accountant to submit your business accounts. To make this process easier for
both your business and the accountant, it is important that you can exchange
accounts data electronically.
You may want to use some special
stationery with your Myob Software accounting
package – e.g. standard or specially printed invoices, statements, receipts
or credit notes. You may need these in multi-part or laser printer forms. Laser
printer stationery is designed for use with a laser printer. Some businesses
still prefer to use an impact printer such as a dot-matrix printer for accounts.
In this case multi-part forms can be used so that several copies are printed at
the same time.
The number of different Myob Software accounting packages
typically used by small businesses in Québec is fairly limited. You can easily
obtain information about all these packages from the Internet.
An accountant could also advise
you on the most suitable package for your business.
CHOOSING THE RIGHT ACCOUNTING PACKAGE
Onestopaccounting.com, started
since 1999 with more than 10 years, a Singapore company Specialist in
Accounting software Singapore, selling wide range of accounting software,
inventory software, retail point of sales system, payroll software, mail
management software, human resource management software, time attendance
software; that empowers business. We carry brands such as Sage_Ubs Accounting /
EZ Accounting( IRAS Accredited Software) / EZ Payroll (Compliant With IRAS
Guideline) / MYOB Software /
Quickbook and customised solutions software tailored to your company needs.
Accounting packages can be used
for all the important financial transactions in your business and you will rely
on it to give you critical information about the health of your business. In
order to make the right choice, you need to consider a number of different
issues.
To get the right package for your
business, you need to define your business requirements and then match them to
the available packages. A good way to do this is to decide on the overall
requirements first, then consider the more detailed requirements within that
framework. For more information, see the pages in this guide on assessing your
business' overall needs for an accounting package and on assessing your
detailed requirements for that package.
Your package must meet all the
statutory (legal) requirements that apply to your business and must continue to
do so in the future, by, for example, submitting annual accounts that meet
defined accountancy standards. Some requirements apply equally to all
businesses, but others are specific to particular businesses and the way they
operate. For example, a business that deals mostly in cash will keep accounts
in a different way to a business that does not. If you have been running your
business with manual accounts then you will probably be familiar with these
requirements, but if not, your accountant will be able to help.
You need to consider what help
you will need to set up, install and maintain your accounting package. For
example, if you need to send in your GST/QST
return, but a problem occurs with your accounting package, you need to be able
to solve the problem very quickly to avoid penalties for a late return. You
need a person or support organisation that you can rely on to sort out this
type of problem. Understanding and defining your support requirements is a
major part of choosing the right package.
How to choose the Business Accounting software
The first step you need to take
in choosing accounting software
for your business is to undertake a good needs analysis, which will address
both managerial and financial needs. It should be broad, exploring both obvious
questions and ones that really make you think. Take your time with this
important step, since the last thing you want is to have to repeat this process
within the next two years. If you experience unexpected growth that forces an
upgrade, terrific, but good planning at this stage can help you avoid having to
change software too soon. Get some help before you buy anything.
What you need to know about your
business
The first step you need to take
before deciding on accounting software is to make sure that you are somewhat
financially literate. "One of the mistakes businesses make when they buy
accounting software is in believing that they don't need to know anything at
all about financial accounting
software .
There are several ways that an
entrepreneur or small business executive can become proficient in understanding
what data their business needs to keep (in order to make better business
decisions) and what reports they need to generate (for the Internal Revenue
Service and state tax authorities). You can read books. You can take classes.
You can do research on the Internet. "You can't use any accounting
software if it's like garbage in and garbage out," Pinson says. That's
what the result is "if you don't understand what you're putting in."
Another consideration is the type
of business you operate. Several different sectors have specialized modules or
add-on packages because they need to keep specialized data. If you are a
manufacturer, for instance, then you may need to have an understanding of
inventory and handling of parts and labour. If you are a retailer, you may also
need to have an understanding of your inventory through a point-of-sale
program. A doctor's office needs specialized programs for billing insurance
companies, although many may farm this function out to middleman and/or
consultants.
Talk to your accountant and staff
If your business has an
accountant -- either an outside consultant or an in-house accountant -- you
would be wise to consult that expert before you take the plunge into accounting software. Your accountant
may be able to recommend software that works with programs they have. In fact,
Pinson says, some accountants may help you set up your accounting software so
that it gathers the data that they need to help you file your taxes, as well.
"They know what kind of business you have and what you need," Pinson
says. "Most accountants work with a particular software. Frequently it's
QuickBooks. They'll want you to use that same accounting software."
Thursday, 26 January 2017
Best retail point of sale software in Singapore
Touch screen Point Of Sales Software using Windows based
Retail POS Singapore for the food & beverage (F&B) establishment as
well as for the merchandise (Retail) outlets.
Designed for Microsoft Windows platform EZ to
use X retail Point Of Sales is suitable
for any retail businesses. Its user-friendliness, easy to learn, and feature
rich characteristics have been well received by our customers.
Features can be tailored to fit
any retail business. Functional buttons can be turned on/off, re-arranged,
re-named or password protected.
Performance & Stability are
our Point of Sales design priority. Using both MS SQL and Visual Foxpro
databases our POS requires minimum technical support and its data is truly
scalable, facilitating your future growth and expansion.
We make your POS software system’s possible. We provide
setting up your POS into suitable, efficient and a friendly-used system for
your day to day business operation without any delayed simply by our touch
screen POS which can view instant salesman reporting and what are the fast moving
items and you can create your sales item or promotion listing using our
user-friendly POS system.
With our latest E-Menu ordering
system, retailers and food & beverage are able to take orders online for
all their orders without having to manually write down customers order and walk
to each POS terminal to input customers order and that would save up a lot of
time and increase productivity. Our
application is fully customizable, and as such be worry-free of not able to
recognize an item as you can update your product image, photographs of your
products and sort by categories of each product easier within few seconds.
see more at: onestopaccounting.com/
Applications Of Payroll Software In A Small Business
We have to utilize the Integrates
seamlessly and instantly with Wave’s free, award-winning accounting, invoicing and
receipt scanning software
Free phone, chat and email
support direct from Wave headquarters
Payroll software reminders in your
inbox
Great for seasonal businesses;
put employees on hold any time at no charge
Easy to understand tax
liabilities
Payroll in the cloud: Pay your
employees from anywhere
Direct deposit included
Secure collaboration with your
bookkeeper, partner or assistants
256-bit SSL encryption
Mobile app for iPhone
Data is backed up automatically
for peace of mind
Guaranteed accurate Payroll software
and more benefits we get from
this payroll software in small
business.
see more at: onestopaccounting.com/
Payroll Software Plays A Major Roles In Singapore Business
To determine the best payroll software services for
businesses, we started with a pool that included all of the services on the
comprehensive list below. After some preliminary investigation, including a
look at other best-picks lists and initial research into each one, we interviewed
small business owners to discover new ones to add to
Next, we watched tutorials and
how-to videos, read user comments, reviewed Better Business Bureau ratings and
considered the pricing available on these services' websites. We also tested
out services when we could. After narrowing down the list to 10 contenders, we
contacted each company and posed as would-be business owners.In all, we
analyzed each Payroll software
service based on the following factors:
Cost
Tax services
Ease of use
Customer service
Incentives offered (free trials, free months,
etc.)
Tax guarantees
Mobile accessibility
Payroll reports
Employee self-service
Extra services offered, such as employee
retirement plans or workers' compensation
Onestop
Accounting Software has better business bureau ratings and complaints
source: http://www.businessnewsdaily.com
see more at: onestopaccounting.com
Wednesday, 25 January 2017
THE ADVANTAGES OF A COMPUTERIZED PAYROLL SYSTEM
Today,
when it's time to go to work and clock in for the job, the best way to do that
is though a computer system that keeps track of a work week. Traditionally, most employee work hours have
been kept on time cards or sheets that would have to be filled out for each day
worked, and then turned in at the end of the week to the HR department or book
keepers. But this job has been made
easier because of payroll software that can be used to record work times, and
store them in a database for easy access.
One
advantage to having a computerized timekeeping system is that it is not very
expensive to purchase, even for smaller businesses and it is usually not
difficult to install on company computers.
The cost for this kind of Accounting
software can
vary, depending on the vendor and the features available, but different
versions and programs are usually available to accommodate business size,
infrastructure, and ease-of-use. And for
most computerized timekeeping programs, they're very simple for employees to
clock in or out of and once they've done that, they're all set to start their work
period or end it.
Another
advantage to having this kind of payroll
system is that
tracking employee hours can be done with simple searches in the database, and
errors they may have made while clocking in or out are usually easier to
correct. Time sheets can end up being
forgotten or lost, or perhaps an employee was in a hurry to get to lunch they
forgot to record the break. Hour
tracking through a computer program is much easier when there are discrepancies
to address or when the books are being audited, than having to dig up old time
cards that might be buried in file folders in a cabinet or even thrown out.
Sometimes
payroll software even gives employees reminders that their break
periods are not quite over or notifies them that they've put in overtime
hours. Usually, timekeeping programs can
have overtime pay functions built into them and calculate adjusted amounts into
the paycheck. So while upgrading
business infrastructure to use an electronic time tracking system may cost some
money, money can be saved over the long run by having a reliable way to backup
work week data, and a way that's easier both for employers and employees to
manage their work times.
BENEFITS OF INTEGRATED HR AND PAYROLL SOFTWARE
The Changing Face
of HR and Payroll
Traditionally
HR professionals have spent up to seventy percent of their time on
administrative activities, but the pressure is now on for them to focus more on
transformational work and so deliver more to the business. HR departments are
addressing this expectation both through structural changes Payroll
software that
enable them to standardise policies and procedures and through use of
technology.
However
many HR departments have undergone a significant restructure in recent years.
The main drivers for this change are cited as:
The
need to improve services offered to the organisation
Enabling
HR to become a more strategic contributor
Repositioning
HR to fit the wider organisational model.
Reducing
costs
Providing
more responsive customer service
The
Role of Technology
Businesses
see the use of technology as key in effecting this change. Improving the
integration of HR with other core applications is a priority as it allows key
information to be shared and therefore offers added value to the business.
Making HR activities and processes available via the internet is also a major
requirement, as this is a key way of reducing the administrative burden on HR.
Considerations
Some
key questions to ask when considering integrating your Payroll
and HR software systems
could be:
Do
I believe that the flow of Management Information within my business can be
improved?
Do
I know whether management reports can be produce on demand, accurately on any
day?
Can
we accurately calculate the return on investment for an HR software upgrade,
and does it make financial sense?
Does
our current system save us money, enhance our employee satisfaction and
contribute to improved customer satisfaction?
Are
we utilising the human capital in the HR department as effectively as possible?
Does our HR and Payroll reside on different platforms?
Although
HR & Payroll are dependent upon each other, they're completely
different business processes. That's why, even though they ought to reside on
the same platform, they often don't.
Often
companies outsource to a payroll bureau or use modular payroll software. They
may hire a broker to administer benefits and try to perform some of the HR
functions in-house.
The
result? Well - payroll deductions are more often wrong than anyone likes to
admit. Data updates are slow, and vendors of one system frequently don't know
how to work efficiently (or at all) with other vendors. Often such turbulence
results in the company's internal staff working double time in order to ensure
that benefits and payroll "talk" to each other.
Integrating
benefits and payroll on a single, enterprise-level platform, if done properly,
is fast, accurate, and it doesn't require 24/7 supervision.
HOW TO ESTIMATE THE PAYROLL OUTSOURCING WITH MULTIPLE SOFTWARE
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.
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.
Highly
flexible and scalable to meet current and future requirements, our focused
solutions utilise configurable data structures, customised screen presentations
and workflow process management to enhance and extend the reach of your back
office teams. Payroll software provide both personnel and
post-based system structures and can support a role or post & establishment
organisational structures. This can help you to reduce costs, improve
productivity, speed-up processing times and improve process visibility.
Our
solutions are developed in partnership with users, thanks to a dedicated user
group committee and are delivered by an experienced implementation, consultancy
and support team based in Singapore.
Source:www.oneadvanced.com/
BENEFITS OF USING PAYROLL SOFTWARE AT THE EARLY STAGE OF YOUR BUSINESS
1.
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.
2.
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.
3.
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
4.
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 automated
features.
5.
Less Mistakes
Often
more mistakes are made when you manage aspects of payroll manually. With an
automated payroll system you’ll have a peace of mind knowing that you’re
compliant.
6.
Multiple User Access
Good
payroll software allows You can invite your accountant or bookkeeper into your
payroll system to help you manage it from anywhere in the world and from any
machine.
7.
Cloud based payroll
All
your data could be lost if your computer clashes, with the cloud based payroll
software all
your employee information is safely stored on cloud without any fear of losing
the data.
Tuesday, 24 January 2017
7 Benefits of Online Accounting Software for Small Businesses
1.
User Friendly
Online accounting software is generally easy to learn and
use in day-to-day business operations. Once it is set up, you can keep your
accounts up to date with a few regular data entries - information from bank
statements and invoices can be automatically uploaded and processed into the
correct categories. This means that you and your employees don't have to worry
about advanced accounting details - you can do what you need efficiently with a
few clicks.
2.
Security
Since
online accounting software stores data online, some
business owners might be worried about security. However, security is a top
priority for online business software companies. In addition, the online
connection makes it easy to invoice clients, link up with bank information, and
assess your business' financial health wherever you are.
3.
Payroll
Instead
of all that paperwork, online accounting software makes it easy to fill out
employer forms accurately and on time.
4.
Cash Flow
Effectively
managing your cash flow can help your business save money. Online accounting software makes it simple to determine
incentives for employees and discounts for creditors or customers. In addition,
the manager or business owner can view profits and losses in a comprehensible
way.
5.
Invoicing
One
of the most important aspects of any business is invoicing, because it brings
revenue to the company. Creating invoices with online accounting software saves
you time and prevents losses caused by human error. You can even send invoices
directly to clients through email to save paper and stamps.
6.
Accuracy
For
all types of business computations, accuracy is essential. Mistakes made in
calculations can possibly lead to significant losses or other issues. Online accounting software keeps you from making these
mistakes.
7.
Cost
One
of the greatest benefits of online accounting software is the cost savings. For
small businesses running on tight budgets, hiring an accountant can be
expensive. Even running software on an in-house server can end up costing a lot
with all the upgrades and system tools. When a business buys online accounting
software, it only has to worry about paying for the software and training
employees to use it. And since many online software companies run on
subscriptions, you'll only have a small fee each month instead of a large
one-time purchase.
See
More at: www.singaporeaccountingsoftware.com
An Overview Of Accpac Accounting Software
Singapore Accounting Services provide simple to use products
for sophisticated and complex business procedures. We strive to save you time
and effort in operations and administration, meaning your focus is better spent
on what matters: delivering superb services and protecting profits. Our clients
gain efficiency and satisfaction from our solutions, seeing real gains to their
works. Maintain your advantage and compete in modern markets, upgrade your
software today. Get your accounting software support from services by Singapore
accounting software.
Our
service is renowned, offering a tireless team that is happy and dedicated when
providing you with the perfect solution to your business and accounting
software needs. The hallmark of our service is our interaction, our team love
talking to customers and understanding their business and its needs. Therefore,
they are able to advise you as to the best software to maximise the potential
of your business. We care for our clients and strive to deliver the best for
them.
Sage ERP Accpac is scalable from single-user remote locations to
large corporate environments with multiple locations and demanding business
management needs. With three Sage Accpac editions to choose from, you can
upgrade smoothly from one version to the next as your business requirements
expand.
Sage
ERP Accpac is customizable to your unique requirements. We will enhance your
system with our custom program solution to meet your unique needs.
Sage
ERP Accpac is completely web-based by offering complete access to your system
through a standard web browser. No longer limited by your location, you can now
access Sage ERP anywhere, anytime.
Sage ERP Accpac is the foundation for a complete set of end-to-end
business management applications designed to enhance the capabilities of your
system. You may select from a range of applications or vertical solutions such
as customer relationship management (CRM), warehouse and logistics management,
point-of-sale, e-commerce, advanced reporting, manufacturing management and
hundreds of vertical solutions.
See
More at: www.singaporeaccountingsoftware.com
What We Do In A Accounting Software
We
are Singapore’s most professional offering brands of MYOB accounting software, Sage_Ubs accounting software, EZ Accounting(IRAS Accredited Software), EZ
Payroll, quickbook, ERP system such as accpac thus offering a comprehensive
package of accounting system integrated with payroll software, time attendance
software, inventory control software and even human resources software to
provide a full integrated business solution system. We lay the foundation to
your profitable business with our wide range of software in Singapore. Our fully-integrated
application system enables you to access critical information resources
whenever you need it.
Our
MYOB accounting software and other brands of accounting
software in Singapore facilitates speedy sales processing whereas our Sage_Ubs
accounting software offers easy features and ensures great flexibility. As your
top accounting solutions provider, we strive to offer the highest quality
service to maintain competitive advantage.
Pre-sales
and Post-sales Consultation
Business
Documentation and Analysis
Project
Implementation and Consulting Services
Data
Migration and Recovery
Report
Creation or Report Writing
Customisation
and other value-added services
Project
feasibility studies and POC
Turnkey
project management
Business
Process Automation
Integration
of Various Systems
Training
Services
Network
Application and Services
Hardware
Reseller
Service
Maintenance
System
Troubleshooting
See
More at: www.singaporeaccountingsoftware.com
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