Onestopaccounting.com has been in business for over ten years and is a Singapore company that specializes in accounting software, inventory software, retail point of sale systems, payroll software, mail management software, human resource management software, and time attendance software. We carry Sage_Ubs Accounting / EZ Accounting (IRAS Accredited specifically) / EZ Payroll (IRAS Compliant Software) / MYOB Software / Quickbook, as well as customized solutions specifically tailored to your company’s needs.
Accounting software singapore can be used for all of your company’s essential financial operations, and you will rely on them to provide you with critical information about the health of your company. A variety of factors must be considered in order to make the best decision.
To get the best package for your company, you must first identify your needs and then match them to the available options. A good approach is to first determine the broad objectives, then evaluate the more granular requirements within that framework. See the chapters in this handbook on assessing your business’s overall needs for an accounting package and reviewing your detailed requirements for that package for additional information.
Your package must meet all statutory (legal) criteria that apply to your firm and must continue to do so in the future, such as providing yearly accounts that comply with prescribed accounting standards.
Some rules apply to all businesses equally, while others are specific to specific businesses and how they function. A business that trades largely in cash, for example, will keep accounts in a different method than one that does not. If you have been running your firm with manual accounts, you should be familiar with these standards; if not, your accountant can assist you.
Consider how much assistance you will require to set up, install, and manage your accounting product. For example, if you need to submit your GST/QST return but encounter a difficulty with your accounting software, you must be able to resolve the issue swiftly to avoid penalties for late submission.
To solve this type of difficulty, you need to rely on someone or a support institution. Understanding and describing your support needs is an important aspect of selecting the proper package.