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Tag: Accounting Singapore

TRADITIONAL ACCOUNTING VS. CLOUD ACCOUNTING

Dematerialization of accounting documents and migration of sure accounting operations to cloud-based electronic platforms have overcome the analysis section because the Romanian accounting market already includes various firms that develop and supply cloud computing primarily based accounting applications. The current article seeks to verify the hypothesis claiming that the price saving generated by the utilization […]

Online Advantages and Disadvantages of the Latest Accounting Software

Online advantages and disadvantages of the latest accounting software One of the biggest questions we receive as accountants is “what is Xero” and “should my business be using it”? This often leads to a few more questions that address cost, secure data storage and my favorite will Xero stop the grey hair! Well the good […]

Concepts of Cost Accounting

Concepts of Cost Accounting Following are the main concepts of cost accounting: Cost There is a cost involved to purchase or produce anything. Costs may be different for the same product, depending upon the stages of completion. The cost changes according to the stage a product is in, for example, raw material, work in progress, […]

Making Life Easier for Employees with Children

Making Life Easier for Employees with Children Working and parenting at the same time has never been an easy feat. With work demanding more time than ever and spilling over into home life via messaging and other electronic communications, it is sometimes difficult to separate work from life. To create a sustainable workplace culture and […]

Quicken Home and Business – A Review

Quicken Home and Business – A Review If you are looking for personal accounting software with a few small business features, Quicken Accounting fits the bill. Quicken offers basic business accounting tools for those who manage cottage industries. Most of the program focuses on personal accounting, though. Quicken offers investing tools, tax planning tools, and […]

Modern Management Accounting Techniques

Modern Management Accounting Techniques While the fundamentals of management accounting have not changed over the past 100 years, changes in manufacturing and production processes have pushed management accounting to update its practices. Integration of technological advances into the accounting department have made it easier and less expensive for small-business owners to make data-driven decisions about […]

Easy Software for Payroll Processing

[vsw id=”XhAon_dNgf0″ source=”youtube” width=”300″ height=”300″ autoplay=”no”] Singapore Accounting Software offers the best payroll software in Singapore such as Sage_Ubs, EZ payroll, MYOB payroll & Quickbooks. Such accounting and  software are necessary to streamline your enterprise’s operating procedures. By automating the payroll process, not only will you be able to improve the efficiency and effectiveness of […]

Business Planning Using Accounting Software

[vsw id=”rp_Obp9fb4Y” source=”youtube” width=”300″ height=”300″ autoplay=”no”]   Creating and maintaining a Business Planning is important for any small business. This is because well planning will estimate both the revenue and expenses of a business over a certain period of time. Business Planning can help small business owners determine where to cut costs, invest, or take […]

Know what is Accounts Payable ?

Accounts Payable Definition of Accounts Payable: SOURCE: ACCOUNTINGTOOLS Definition: Accounts payable is the aggregate amount of an entity’s short-term obligations to pay suppliers for products and services which the entity purchased on credit. If accounts payable are not paid within the payment terms agreed to with the supplier, the payables are considered to be in default, […]

How to plan your budget using Accounting Software

Creating and Maintaining a Budget using Accounting Software Accounting and Payroll Source : cchst.net Creating and maintaining a budget is important for any small business. This is because budgets estimate both the revenue and expenses of a business over a certain period of time. Budgets can help small business owners determine where to cut costs, invest, […]