COMPARISON OF BUSINESS ACCOUNTING SOFTWARE AND MOIBOO SOFTWARE
Accounting software describes a type of application software that records and processes accounting transactions within functional modules such as accounts payable, accounts receivable, general ledger, payroll, and trial balance. It functions as an accounting information system.
Need for Accounting Software
Businesses large and small must keep accurate records of their finances. In some situations, there may be legal ramifications for anything but the most detailed and specific records of accounting practices. Of course, it is impossible to completely eliminate human error in any endeavor, but accounting software can simplify aspects of record-keeping that might otherwise be prone to mistakes. These programs automatically make the necessary calculations when you enter orders, transfer funds or proceed with any of the various financial transactions you are likely to encounter when running your business. Rather than rely on your own work with a paper ledger and a calculator, let accounting software automate tasks and reduce errors.
Accounting software ultimately saves you time in different ways. By eliminating manual calculations and record-keeping, you can put your energy to better use by letting the software handle chores you would normally figure out yourself. If you work with a staff, you may save man-hours with programs that automate tasks such as keeping track of employee hours and generating payroll. These tasks could occupy a significant part of your work day if you managed them entirely on your own.
Accounting software excels at analyzing your business practices and letting you quickly identify how money flows through your operation. When an application manages all your financial transactions, it has extensive data at its disposal to generate various reports. You can quickly see how your revenue is divided among different operating costs. You can calculate your bottom line more efficiently and track which parts of the country generate the most interest from customers. The reporting options are virtually unlimited depending, on the type of software you use and the information you provide it.
Using a computerized accounting system comes with its own set of problems, such as the need to protect against data loss through power failure or viruses, and the danger of hackers stealing data. Computer fraud is also a concern, and you need to instigate a system of controls for who has access to the information, particularly customer information. If there is a security breach and data is stolen, management can be held personally liable for the loss of data. You also need to make sure that the data has been correctly entered into the system, as a mistake in data entry can throw off a whole set of data.
MOIBOO ACCOUNTING SOFTWARE
Moiboo Accounting software helps in managing the sales, CRM, Billing, Accounting and Inventory across all your branches. As you grow in your business you will feel the need for a full fledged ERP rather than just a billing software to run your business effectively. Reach Software can provide this facility.
Moiboo software has the facility to receive job cards and sales orders and convert them to invoices.
Manage your Production process, Purchase approvals and Raw material Conversions and extract Finished Goods Reports
Warehouse Management helps in managing the godowns, raw materials, packing materials and work in progress. Helps to keep a track of the goods that are moving out and coming into the warehouse.
4.Point of sale
Touch and Keyboard Billing counters. Works even when the Internet connection is cut. Seperate Cash and delivery counters.
5.Lots and Barcode Management
Create Lots/ Batches, Auto-generate codes and print barcode labels. Read them automatically using a barcode scanner
Moiboo software helps in managing the projects.
Moiboo software provides all the accounting facilities like Income & Expense Grouping, Accounting Ledgers, Tax Heading Creations & Operations, Bank & Cash Creation & Operations,AssetLiability Creation & Operations, Income & Expense Recording ,Journal Entries & Contra Transactions,etc
Invoices with your company brand can be created. Templates are also available in the software. This software facilitates converting of quotes to invoices. Raises recurring invoices. Multi currency facility is also available in this software. It is not required to print the invoices and send to the customers. The softwares provides a facility whereby invoices can be sent to the customer through email or sms or whatsapp.
Create multiple Branch and give an option to manage each of them individually business by the Owner.
Purchase Orders/Estimates, Purchase Bills,Purchase Return,Vendor Outstanding Management.
Quotes,Multi Product Operation,Sales Invoice,Sales Return,Recurring Invoices on one attempt,Customer Balance
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
Create multiple Companies and give an option to manage each of them individually from the comfort of your smart phone
14. Auditor View
Full Financial Report availability,Read process by Auditor,Tax Reports,VAT Report with e-filing options,PF & ESI Reports,Tax Consulting Modules
15. 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.
16. 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 strategye.
17.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..
18. Loyalty Management
Assign points for every sale and redeem them whilst billing next time
Easily import excel files taken from Tally and import it into our Software for various time periods and manage accounts with ease.
BENEFITS OF MOIBOO SOFTWARE
Reach has a dashboard which provides a complete report on the profitability, sales report, work status, largest valued customer, highest selling
CRM and Sales Team Management
Reach Software helps in effortlessly manage the customers and the sales team. The sales executives can be assigned leads and information can be received by them through SMS/ Mobile App. Quotes, Sales orders, Invoices can be created and sent through the Mobile App.
Reach software has the best repair Management software. Create Job sheets and sms quotes to customers for approval. Helps in tracking the items for repair.
It helps in creating Invoices, has templates already in the software. Professional invoices can be created from the software. It is not necessary that the invoices need to be printed and sent to the customer. Reach software has the facility whereby the invoices to the customers can be sent through whatsapp/ emails/ sms etc.
Allows the accountant to access the records remotely from anywhere. Access restrictions can be set.
Purchases & Expenses
Helps in raising Purchase indents, send purchase orders and inform the store manager about the consignment. Accept bills and track unpaid invoices.
The Mobile App feature of Reach software enables the owner to access his business from anywhere.He does not have to sit in the office to control and manage his business.
BUSINESS ACCOUNTING SOFTWARE
Business Accounting Software has complete function of Accounting, Stock and Invoicing. You can do accounting, check stock items and create new sales documents. AutoCount Accounting is especially helpful for users without accounting knowledge of double entry. All of the document entries except Journal Entry do not require users to have double entry concept. You can have unlimited data entry without worry about data corrupt.
- General Ledger
- Account Receivable
- Account Payable
- Other Features
- Material (BOM
- Batch No
- Bonus Point
- Financial Report
- Report Designer
- Other Facilities
Easy to use and affordable
With basic accounting knowledge, you can start using Business Accounting Software for your daily business. And you will appreciate its familiar, easy-to-navigate Windows interface. Most of the features and functions in Business Accounting Software are fully keyboard operable. Finally, it is offered at an affordable price.
Saves time, work efficiency
Each module is integrated seamlessly to simplify processes. Besides, the real-time posting feature can minimize your workload and reduce human error.
Speedy, reliability, and scalability
Business Accounting Software Premium Accounting sits on top of Microsoft SQL Server which provides great reliability and high performance.
Better Security and Authority
Business Accounting Software Premium Accounting uses multi-level access control to further control the user accessibility to each system function. Different users will be given different access right to use it, thus providing higher level of security and authority control in the multi-user environment.
Solutions for today and tomorrow
As your business grows and requirements change, Business Accounting Software offers and allows you to upgrade from your existing package by just adding the optional modules as your needs change. In other words, you will never have to worry about your investment today and the scalability of the system in the future.
Better business solutions
Now, you can have instant, on-screen access to a list of overdue customers, daily sales activities, print statements for a groups of companies, financial reports with drill-down to source documents capabilities, stock card report for a batch of stock items, better handing of multiple unit of measurements, and much more. Furthermore, internet access allows connections from your branches or warehouses to share instant information.
Better decision making & forecasting
Business Accounting Software Premium Accounting provides comprehensives inquiries, instant information, and plenty of reports to support your business decisions daily. The business data that’s important to you is just a click away. You will be able to analyze your business performance easier with flexible, unique, and sophisticated analytical tools, such as Multi-Dimensional Analysis tool to enhance decision making and forecasting.
Share data across business and applications
It is easy to share data with others by exporting the results into Microsoft Excel, Word, PDF, HTML and graphical format. All reports can be emailed with just a click away.
With the system-wide Advanced Search function, it provides a much simpler and faster way to trace back past transactions for viewing, amendment or deletion by just entering a keyword in the search field. Moreover, users are able to drill down all the way from the search result into the source document. Comprehensive Account & Stock Item Inquiry allows tracing and monitoring of each account and stock item information instantly and accurately.
Options to allow customization on the system to suit specific user requirements, which include report and screen layout customizations too. All the transactions in the system are recorded and presented in grid view. The columns in grid are able to sort and customize.
As you expand your business, the need for an ERP arises, the business cannot be run with a simple billing software and also the cost of ERP is too high. Moiboo helps in this scenario by providing the services of both an ERP and billing software.
Feel free to chat with us www.moiboo.com