In business, small, medium or large businesses definitely need a systematic and not complicated financial management method. Because a financial statement will determine the cash flow of a business.
As simple as monitoring income and expenses, recording financial transactions, making a balance sheet, bank reconciliation reports from capital calculations to profit every month. A business requires financial statements. Because it can monitor the development of the business and financial condition of the business is being run.
What are the best accounting software in the author’s experience?
1. QuickBooks
Why would I choose QuickBooks in the first place, because this software the easiest to use in my opinion, and this is used by the company where I work to help our accountants in the financial report. This Software is released by a well-known company called Intuit. This Software ensures the security of its user data. The advantage of the QuickBooks feature is that it can classify transactions and track them. Another plus is the ability to duplicate, skip and pause the next date for repeat transactions. Reports can be exported in Microsoft word or pdf format. Because Software’s design provides easy navigation and simplified language, anyone can use this software.
2. Zoho Books
The second supporting software used at my workplace is Zoho Books. The advantages of this software is to provide calculation and GST/Tax reports automatically. With Zoho Books communication between fellow employees is easier even though they are in different locations. This software also has a reminder system for following up all types of payments. Zoho Books can integrate with online bank partners that make it easier for you to make payment transactions. No need to worry, our data is safely secured. Its features are also easy to use because it uses simple language. Small entrepreneurs can use this software because the price is not expensive.
3. Zahir Accounting
The advantage of this software is that the invoices and reports are designed according to user needs. Zahir accounting software is derived from Indonesia which was created in 1996. Zahir accounting is the best accounting software in Australia. The advantage of Zahir accounting, you can monitor profit and loss at the same time. Besides being used for the financial statements, this software can be used to create inventory reports. Zahir accounting is similar to Zoho Books.
4. MYOB
MYOB is accounting software with a simple interface. Because of its simple appearance, even those who don’t have basic accounting can use this software. MYOB has won the MacWorld Award in the Best Accounting Software category and the Best Newcomer Software category. With MYOB you can easily find out the number of stock orders and how many have been committed. MYOB also makes it easy to design the accounting process as desired. You can change your report in Microsoft Excel format.
Conclusion, If you are looking for the right accounting software to help do your business financial calculations, choose a good accounting software that makes the job of an accountant easier. Choose software that guarantees the security of your data, your business partners and customers.
Source: zoho, intuit, myob, zahir accounting