Automation:
Since all the calculations are handled by the software, computerized accounting
eliminates many of the mundane and time-consuming processes associated with
manual accounting. For example, once issued, invoices are processed
automatically making accounting less time-consuming.
·
Accuracy: This accounting system is designed to be accurate to the minutest
detail. Once the data is entered into the system, all the calculations,
including additions and subtractions, are done automatically by software.
· Data
Access: Using accounting software it becomes much easier for different
individuals to access accounting data outside of the office, securely. This is
particularly true if an online accounting solution is being used.
·
Reliability: Because the calculations are so accurate, the financial statements
prepared by computers are highly reliable.
·
Scalable: When your company grows, the amount of accounting necessary not only
increases but becomes more complex. With computerized accounting, everything is
kept straightforward because sifting through data using software is easier than
sifting through a bunch of papers.
· Speed:
Using accounting software, the entire process of preparing accounts becomes
faster. Furthermore, statements and reports can be generated instantly at the
click of a button. Managers do not have to wait for hours, even days, to lay
their hands on an important report.
·
Security: The latest data can be saved and stored in offsite locations so it is
safe from natural and man-made disasters like earthquakes, fires, floods, arson
and terrorist attacks. In case of a disasters, the system can be quickly
restored on other computers. This level of precaution is taken by Clever
Accounting.
·
Cost-effective: Since using computerized accounting is more efficient than
paper-based accounting, than naturally, work will be done faster and time will
be saved. When one considers that Clever Accounting, one of the latest online
accounting solutions, starts at a low monthly subscription (check out pricing
here), then computerized accounting really becomes a no-brainer.
·
Visuals: Viewing your accounts using a computer allows you to take advantage of
the option to view your data in different formats. You can view data in tables
and using different types of charts.
The way to reach best accounting
software for small businesses, we began by asking business owners which
accounting software they use, what they love about it and what they think makes
a "perfect" accounting software.
We also researched popular
accounting software that frequently appeared on reputable review websites, top
lists and business websites. We then created an extensive list of accounting
software. Next, we evaluated each software by signing up for a business account
and testing them ourselves. This first-hand experience helped us get a better
idea of how features work and whether they are worth the price tag. It also
helped us assess whether the software is as easy to use as each vendor claimed.
We chatted with sales reps and customer service teams and asked a variety of
questions as small business owners looking for accounting software. This also
helped clarify any concerns and issues we came across while researching and
testing each product.
How can we used to evaluate each
software?
·
Cost
·
Ease
of use
·
Time-saving
features
·
Reporting
capabilities
·
Mobile
access and mobile features
·
Accountant
access
·
Service
limitations, including the number of customers, invoices, users, transactions
packages allow
·
Customer
service
·
Additional
services like credit card processing, tax preparation and payroll services
·
Integration
with third-party apps
For
More details: www.singaporeaccountingsoftware.com
No comments:
Post a Comment