TOP 5 BOOKKEEPING TOOLS IN SINGAPORE

Accounting Software

 

REACH ACCOUNTING SOFTWARE

Reach accounting software is an ideal software for any business. It helps to automate your business and connect and control all the branches from anywhere. It helps the accountant to access reports remotel y from anywhere.

PRODUCT FEATURES

Accounting Management

All functions relating to Accounts such as Managing Accounting Ledgers, Bank & Cash transactions, Purchase and Sales estimates, Warehouse Management, Expense recording & grouping, Journal entries, Financial reports is embedded in the software

Tax Management

The software is tailor made as per the Government norms and calculates the relevant taxes for every bill created.all that is required is to add the tax percentage and the software will calculate the tax automatically.Multiple tax scheme can be applied on multiple products on a single purchase.

Income Mangement

Quotations can be created and in turn sales order and invoices can be generated from the Quotations.Receipts can be created from Invoices. This helps the accountant to keep a track of the payments received and the pending payments.

Expense Management

Purchase orders can be created and converted to bills and payments. Reminders can be set for payments.This enables the accountants to keep a track of pending payments.

FEATURE HIGHLIGHTS

Order Management

Receive Job orders or Sales Orders and convert them into Invoices once ready

Manufacturing Management

Manage your Production process, Purchase approvals and Raw material Conversions and extract Finished Goods Reports

Warehouse

Godown Management,Raw materials,Packing Materials,Work-in-Progress,Finished Goods,Miscellaneous Stock, Stock-pointwise management

Point of Sale

Touch and Keyboard Billing counters. Works even when the Internet connection is cut. Seperate Cash and delivery counters.

Lots and Barcode Management

Create Lots/ Batches, Auto-generate codes and print barcode labels. Read them automatically using a barcode scanner

Project

Cost Management, Order Management

Accounting

Income & Expense Grouping,Accounting Ledgers,Tax Heading Creations & Operations,Bank & Cash Creation & Operations,AssetLiability Creation & Operations,Income & Expense Recording,Journal Entries & Contra Transactions,etc

Invoicing

Create Invoices with your own branding or choose from over 20 templates (includes contractor Invoices). Generate Invoices or convert quotes to Invoices. Automatically convert invoices raised in foreign currency to INR. Raise recurring Invoices. Email, print or extract Invoices to pdf. Get reminded every time an Invoice is due. Send reminder sms or emails.

Multi Branch

Create multiple Branch and give an option to manage each of them individually business by the Owner.

Purchases

Purchase Orders/Estimates,Purchase Bills,Purchase Return,Vendor Outstanding Management.

Sales

Quotes,Multi Product Operation,Sales Invoice,Sales Return,Recurring Invoices on one attempt,Customer Balance

Access

Multi-User operation with restriction menus,Auto Back up,Accounting Period Auto change,Any Location operation,Easy to handle,No hard accounting process and buttons,Auto conversion to accounting formats

Multi Company

Create multiple Companies and give an option to manage each of them individually from the comfort of your smart phone

Auditor View

Full Financial Report availability,Read process by Auditor,Tax Reports,VAT Report with e-filing options,PF & ESI Reports,Tax Consulting Modules

Mobile Application

Access across tabs, iPads, iPhones and android phones, pick photos of expense vouchers and attach to expenses, raise invoices, check cash and bank balances, daily profitability and other key reports on phone.

Business Automation

Leads from all sources,Leads extractions via mail server,Converting leads to appointments,Quotes,Converting quotes to Invoices,Email-SMS update,Delivery status update,Work pending strategy

Operations and Process

Product & Service Grouping,Customised Invoice with Logo,Small, Medium or Large scale operations,Retail or Whole sale enabled,Product service and maintenance,Godown & Showroom wise operations etc..

Loyalty Management

Assign points for every sale and redeem them whilst billing next time

Addons

E-stores, Google docs, Google calander, Project management tools, SMS gateways, Payment Gateways and many others.

Tally Import

Easily import excel files taken from Tally and import it into our Software for various time periods and manage accounts with ease

PRICING

BENEFITS OF USING REACH

  1. The main advantage of Reach is the cloud App. This resolves the challenge of getting stuck to your desktops. This helps in usage of ERP on mobile devices from anywhere and anytime.
  2. Another feature is the push notification. Everytime a bill or invoice is raised there will be a due date. The push notification feature sends notifications to your mobile with the main points
  3. The third advantageous feature is the Mobile App. It is easy to install and can be accessed from anywhere.
  4. Makes book keeping easy
  5. Automatically raises purchase indents, raise purchase order and intimate store keeper about the consignment.
  6. Helps in saving time and reduces manual work.

 

XERO ACCOUNTING SOFTWARE

Xero is a cloud based software which helps you to run your business from anywhere and anytime. The data is also completely secure.

FEATURES

Easy Invoicing

Invoices can be customized based on your needs. Personalised invoices can be created and sent.Automated Invoice reminders can be sent . It can also been seen if the customer has made the payment to the invoice or not. Recurring Invoices can be created, this helps in saving time and manual labour. Invoices can be prepared and sent through your phone . Bulk Invoices can also be sent.

Go Mobile

Run your business from anywhere with your mobile accounting app. It’s easy to send invoices, approve expenses, input receipts and reconcile.

Manage Inventory

Helps you keep track of the stock on a daily basis. It calculates the value of the goods you have on hand using the average cost method

Multi Currency

It helps to manage multi-currency accounting for your business.Gains and losses are automatically calculated.

Attach Files to data

Entering transactions is easy with side-by-side files: see your files on-screen alongside the record you’re updating. Your records are in one place, making it easier to collaborate with your accountant or bookkeeper.

Create purchase order

Purchase orders can be created and email can be sent directly to suppliers. Customised purchase orders can be created.

Claim expenses         

Reimbursement of Expenses can be claimed by recording all purchases in Xero. Receipts can also be attached to the expenses so that a complete record of the transaction is available at your fingertip.

PRICING

Starter for 10/month Standard for$15/month Premium for $20/month
Invoices and quotes (5 per month) Invoices and quotes Send invoices and quotes
Enter bills (5 per month) Enter bills Enter bills
Reconcile bank transactions (20 per month) Reconcile bank transactions Reconcile bank transactions
Multi-currency

 

MYOB ACCOUNTING SOFTWARE

MYOB accounting software is designed for small and Medium Enterprises. It is user friendly. Apart from the basic functions of sales, purchase and inventory, it has other functions like project management, Customer Relationship Management, Multi – currency transactions, multi location inventory management. It has the ability to create chart of accounts, input daily transactions and generate reports.

FEATURES OF MYOB

  • Chart of account
  • Customer and supplier database tracking
  • Bank reconciliation
  • Ledger listing
  • Profit and loss reporting
  • Gst reporting
  • Myob payroll software generation of pay slip and payroll reporting
  • Multi currency
  • Mulit level reporting (Basic)
  • Balance sheet reporting

BENEFITS OF MYOB

  • Easy to Use
  • Enables to know your cash position
  • Check your financial position
  • Send Invoices and manage debtors
  • GST Compliant
  • Manages Inventory and ensures it is never empty.

 PRICING

Starting from: A$25.00/month
Pricing model: Subscription
Free Trial: Available (No Credit Card required)
Starter: $25/month
Payroll for One: $35/month
Unlimited Payroll: $45/month
A 30-day free trial is available.


QUICKBOOKS ACCOUNTING SOFTWARE

Quickbooks software mainly caters to the needs of the small business.It gives an overview of the business and also lets you know how the business is doing.

FEATURES

Cloud Accounting

Helps in accessing your account from anywhere and anytime.

Invoicing

Creates custom , professional invoices, sales receipts, purchase orders and estimates that you can send in minutes.

Accounting Reports

Instantly see how your business is performing with customizable reports and dashboards.

Cash Flow Management

Bills can be entered and paid when they are due. Recurring payments can be scheduled to save time

Automatic backups

QuickBooks Online backs up your data every day, so your figures are always up-to-date.

BENEFITS OF QUICKBOOKS

Access your account, manage your business, and stay organized on your computer, mobile phone, or tablet

Record expenses for tax time. You can even photograph and save receipts with the QuickBooks Online mobile app.

Create custom, professional invoices, sales receipts and estimates that you can send
in minutes.

Instantly see how your business is performing with customizable reports and dashboards.

Enter bills from vendors, and pay them only when they are due. Schedule recurring payments to save time

QuickBooks uses advanced, industry-recognised security safeguards to keep all of your data protected. Best of all, your information is automatically backed up

FEATURE HIGHLIGHTS

Manage your business on the go

Access your account, manage your business, and stay organized on your computer, mobile phone, or tablet.

Track your expenses

Record expenses for tax time. You can even photograph and save receipts with
the QuickBooks Online mobile app

Create and send business forms

Create custom, professional invoices, sales receipts and estimates that you can send in minutes.

Know where your business stands

Instantly see how your business is performing with customizable reports and dashboards.

Take control of your cash flow

Enter bills from vendors, and pay them only when they are due. Schedule recurring payments to save time.

 

Simple Start Essentials Plus
$450 $690 $930
Start your business: Run your business: Grow your business:
Track sales, expenses and profits Track sales, expenses and profits Track sales, expenses and profits
Create & send unlimited invoices Create & send unlimited invoices Create & send unlimited invoices
Track and manage your sales tax Track and manage your sales tax Track and manage your sales tax
Works on PC, Mac, and mobile Works on PC, Mac, and mobile Works on PC, Mac, and mobile
For one user, plus your accountant Manage and pay bills Manage and pay bills
Transact in multiple currencies Transact in multiple currencies
Generate sales quotes Generate sales quotes
For three users, plus your accountant Track inventory
Create purchase orders
Track project or job profitability
For five users, plus your accountant

SAGE50

 Sage50 helps to manage your accounting, invoicing, cash flow, inventory, taxes etc.It helps to keep your business on track and enables you to stay compliant with the taxes and reporting requirements.

FEATURES

1. Dashboards

 At a glance the dashboard helps you to know where your business stands., the available cash, expenses, receivables, inventory on hand etc.

2.Mobile Invoicing

Invoices can be created and sent to customers using a mobile. This feature enables to improve the cash flow instantly.

3..Expense Mangement

 Records all purchases and expenses. Reminders can be set so that none of the payments are missed.

4.Sales customization.

Helps to keep a track on the customers.Creates quotes and proposal, converts them to sales orders and invoices.

5.Payroll

 Payroll services makes it easier to pay the employees, track benefits and report taxes

6.Reporting

 Reports are generated at the click of a button.Any information needed by the accountant to analyse the peformancce of the company is easily obtained.

BENEFITS    

Speeds up cash flow and reduces costs

Protects critical data with user security

Helps with filing your business taxes

Easy to use

PRICING
SAGE 50 PRO ACCOUNTING SAGE 50C PREMIUM ACCOUNTING SAGE 50C QUANTUM ACCOUNTING
$439/year $679/Year $1729/year
Organises your finances Plan and track inventory Enterprise level accounting
Pay bills and get paid Manage jobs and expenses Fast processing upto 40 users
Manage cash flow and costs Add more users and controls Industry specific features
Cloud access Anytime, anywhere cloud access Anytime, anywhere cloud access

BENEFITS OF REACH OVER OTHER SOFTWARE

Access and control all your branches

Cost effective

Costs of phone bills, stationary and admin goes down

No server or maintenance cost

Mobile apps helps in Sales.

User friendly software

Handles all the business functions end to end such as CRM, Accounting, Sales etc

CONCLUSION

As your business grows you will realize the need for more. A plain accounting and billing software will not suffice your requirement. Also ERP software would turn out to be expensive. Here at Reach, a best Software is provided that suits your business needs.

27,918 Views

©2021 reachautoerpsg

Log in with your credentials

Forgot your details?