Not so quick: The inventory management functionality might be a little challenging to use if you have yet to get the hang of using QuickBooks. Scheduling invoices on a regular basis, issuing receipts, tracking expenses and processing payments are a breeze, as is keeping tabs on all your bank transactions as necessary. You’ll find it easy to get started using QuickBooks, as all you’ll have to do is key in your business and personal contact details. Depending on the kind of business they have, business owners can choose from three different packages which include invoicing and other accounting basics, with the higher end versions containing business-model specific features. QuickBooks can also be used quite readily by bigger businesses for inventory, payroll and tax management purposes. Ideal for first-time entrepreneurs as well as small and medium companies, it has an easy-to-learn, easy-to-use interface which allows you to customise quotations and other documents. To save you from going through all 44 providers on the IRAS list, here’s a quick look at four of the most popular accounting software brands in Singapore to help you decide.įamous for its financial tools such as Mint and TurboTax, Intuit scored another huge hit with its QuickBooks accounting software. Did you know that the Inland Revenue Authority of Singapore (IRAS) has 44 software owners and their products listed on their register? IRAS has this list to help you make sure that the software you use is able to meet their technical requirements-after all, better safe than sorry, right?īut with QuickBooks, MYOB, Xero and Sage in Singapore on top of so many others, how do you know which one to choose for your business? Offhand, the best way to make an informed decision is to try them all out to see which one you find the easiest to use, or performs the functions that your business needs the most with the least hassle.
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