Irrespective of the size of your business and the number of employees working for you, the accounting department of your business is undoubtedly the most engaged one and needs to be efficient. The strong responsibility of being efficient on accountants keeps them on their toes all the time and sometimes this also drags them at the edge of their nerves. This is the main reason most accounts are constantly in search of new tools and ways to automate the accounting operation to make the process as efficient and reliable as possible. This has generated an increased demand for smart software for the accounting process.
Who should invest in Accounting Software?
The business community has now grown to appreciate the benefits of accounting software and automation of business operations with the help of smart technology. Through the assistance of accounting software businesses can save both time and money.
Most businessmen are aware that accounting software can make accounting operations faster but they lack knowledge on how it can save them money. Lack of such information sometimes leads to misguided decisions and sometimes businessmen opt to cut out costs by ditching the accounting software which automated the process of accounting and does an efficient job.
Well, we have brought you the best solution to consider as your accounting assistant.
Why You Should Invest in Accounting Software?
Great accounting software can help lower your expenses in the following ways.
- With efficient accounting software, you will need fewer people to do your accounting tasks for you. The software will run your accounting software in an automated fashion. The processing of information will not eat out of valuable working hours.
- Generating invoices will not take hours but minutes and they will be sent to clients immediately through email.
- Your ledger will be balanced and you will be aware of any leakages in cash flow immediately. You will have timely information about credits and debits due even before the end of the month.
- With perfectly and timely kept up accounting records, it will be easier to detect any unnecessary expenses and eliminate them. It will also be convenient to identify the best revenue resources.
- There will be fewer errors, which could otherwise cost you money in the form of miscalculated invoices and legal penalties due to miscalculated tax amounts.
- Storing and sorting data will never be an issue again. You will have all invoices and credit history of any clients available.
- It will take fewer days to get audits done and loans approved because you will have your numbers and figures all organized and readily available.
- You will have reports available to share with shareholders and potential investors so you do not waste time or money over that.
Why choose Million Software?
Million Business Software is offering various software to help you manage the accounting side of your business. They have software for all your accounting needs, from the payroll process to invoice generation and bookkeeping. Our software is a great value for your money and saves you a lot of time and hassle. Our software standout with the following features:
- Ease of use: The interface is user-friendly and easy to navigate through. A very simple interface with super easy navigation and operation for users with little to no technical knowledge.
- Device compatibility: All our software are compatible with Platinum 4 or higher processors with a 1 GHz processing speed minimum.
- Training and Help Desk: We also offer services like training required to operate accounting software like a professional. We have an excellent customer services team eager to help.
Simplify the complicated process of payroll as you do not have to manually add up bonuses and commissions or deduct taxes and loan installments. Select from the options from paying employees a fixed monthly salary or according to the hours worked, or the assignments completed (piece work). You can generate statutory reports such as EPF, Socso and Income Tax, and Various management & operation reports in Excel format. As it is integrated with Auto Pay System (APS) you can make auto payments through it.
Maintain a general ledger with neat debtor and creditor details to keep the track of money going out and coming into your business. Easily handle multi-company transactions keep track of changes and stay up to date on payables. Without manually calculating taxes separately you get reposts that Goods and Services Tax (GST) ready.
Generate and customize invoices in excel format and email them to your clients right away. All your invoices are GST-ready without any extra hassle. Keep track of all your invoices with Real-Time-Integration to Million Accounting. Add postdated cheques and advance payments to your records with ease. Manage an up-to-date ledger with debtors’ and creditors’ information.
Handle multiple payments with swift actions and quick commands. It is also capable of handling multiple credit cards and bank account details at the same time. Compatibility with most Point of Sales (POS) hardware allows you to make transactions and payments smoothly. It also allows you to manage staff access by setting user groups.
To manage all your inventory-related tasks including shipping, purchasing, receiving, and storing this is excellent software. Keep a track of your stock, payments, shipping, and costs and evaluate the stock value of individual inventory items. Real-time update and integration of data is another excellent feature to keep you ahead. Customize pricing and discounts for different customers.
These software are compatible with Platinum 4 or higher processors with a 1 GHz processing speed minimum. The interface is user-friendly and easy to navigate through. They also offer services like training required to operate accounting software like a professional. The best part is they have an excellent customer services team eager to help. All things considered, the software is a great value for your money and saves you a lot of time and hassle.