Booking keeping and accounting can be one of the most tedious tasks in a business. It’s also one of the most important. That’s where automated accounting software comes in. Fewer errors and increased efficiency are just a couple of its advantages. Here, we’ve compiled a list of a few of the best accounting software in Singapore that will make your business run smoother and faster.
Sage is one of the most popular and well know accounting software programs around the world. It has efficient accounting management operations, designed for small business owners and there is no limit on transactions. Prices start at just over $10 a month. You’re also not limited to using it only on certain devices because it works on all of them. Reviewers have commented on its speed and data capacity positively. Sage 50 offers cloud-based services, but it can also operate fully offline, perfect for when you need to use it on the go.
Xero is primarily operated on the cloud. So unlike with Sage, you will have to be fully connected to the internet to get the most out of the software. The plus side of this is that Xero is able to link to your bank account, which eliminates a step for you. While the prices are higher than Sage, starting at $20 a month, you do get a lot for your money. For example, Xero can connect to the Infocomm Media Development Authority of Singapore’s invoicing network. Xero also comes with efficient IRAS tax-filing calculations.
The downsides to using an accounting software is that there is typically a cost involved. Monthly charges can add up, especially for small and new businesses. That’s where open source software can save the day. GnuCash.org is an open source accounting software that is available …