HOW SIMPLE AND EASY TO USE INVOICING SOFTWARE

IF you are running a small business and looking for an invoicing software that able to create unlimited directories to manage all the customer’s accounts with just one license, Million Accounting & Invoicing Software is both compliant to Singapore and Malaysia GST With an International Software License, you can do both Singapore and Malaysia GST with one license. Also, companies can create company database with any base currency. 

Invoicing systems but are not aware of how they can benefit your business.  The feature highlights of Million Accounting & Invoicing Software includes:

- Able to handle MULTI company transactions

- Item/service Grouping

- Multiple Unit of Measurements (U.O.M)

- Able to handle MULTI company transactions

- Goods & Services Tax (GST) ready

- General Ledger/ Debtor/ Creditor

- Multi-currency function

- Able to record advance payment & postdated cheques

- Audit Trail Reports

- Project account

Let's try Million Accounting & Invoicing Software and feel the difference.

Million Accounting - Invoicing Software

WHAT IS POS ACCOUNTING?

Do you know the POS accounting stands for what? It is abbrevated from the words Point-Of-Sales or Point-Of-Service. POS is applicated forf retail shop, store, or any business which involve transaction.

Todays, there are many business owners look for the POS accounting software which integrated with web based whereas attach with a reasonable price. Here are the list you may check it out whether is the POS accounting software suited for your business scope and criteria before you purchase on the POS software.

Convenience Installation

If you previously had been facing problem on installing and spending hours on error, it‘s time to consider web-based POS system. Web-based POS systems are hosted by the provider and some even require no installation. By using this POS system, you don’t have to worry about software updates, backups, and system configurations. You will only need less time to run the system and allow you to spend more time running your business. The cost of purchasing online POS system is lesser than traditional system. Web-based POS system also allows you to run the system on any computer with internet connection.

Easily Managing Cash Flow

For people who are using standard POS system, you may need to pay in advance for the hardware and software, which may affect your cash flow. At the end, you will be paying higher than purchase price of the system. With the benefits of web- based POS system, you may only need to pay for small amount of monthly subscription fee. The fees are usually included software updates, maintenance, and technical support.

Improve Inventory Management

With the convenience of web-based POS system, you can track and manage your inventory in real-time, unlike traditional system where you can only see the update hourly or daily. You can manage the stock flow which are on-hand, in-transit, and on-order, then decide the stock to order and you can save up money without over buying the stock. If your business is located at different places, you can also check the inventory of each store. You can then order stocks for all stores in once, which save up your time and avoid multiple order. The staffs can also easily check if the stock is available at other branch if customer asked. Some web-based POS system can automatically generate orders for new shipments, so manager can quickly manage and approve the order.

Provide Comprehensive Reporting

As the data is instantly updated, you can generate reports showing weekly, daily, or hourly details with web-based POS system. You can also monitor sales, profits, employees’ sales attribution, and other specification. The report generated allows you to analyze the new sales tactic effect, employees’ performance. With the information, you can also address the potential problems and raise your sales.

Reduced Paperwork

Web-based POS system allow business owner to track the sales of all stores in the same database. Store manager or person in charge is not required to generate their own paperwork. As the stock orders for multiple store can be done together, few invoices are generated and help on simplify the accounting process.

Improved Customer Management

You can also access customer purchase information made at each store with web-based POS system. This allow customer to do their return and exchange process at any branches. You can trace the customer’s purchase history and tailor special offer for each customer. This can increase satisfaction of customer and they would refer your store to their friends and family.

Source from: http://point-of-sale.com.my/choosing-the-right-pos-system-for-your-business/ 

If you have any enquiry regarding the POS System for your industries, please do not hesitate to contact MILLION ACCOUNTING SOFTWARE.

THE USEFULNESS OF MILLION ACCOUNTING SOFTWARE

Million Accounting Software is a new accounting system which special designed to fit Malaysia's entrepreneur. Here is how the Million Accounting Software usefulness and what does it contains inside in order to help your business grow.

After I explored the Million Accounting Software, here are the things I figure out what Million Accounting Software it has inside.

- Malaysia GST

Million Accounting Software is compliance with Malaysia GST, The figures is automatically create for the regular GST returns.

- Payroll

Million Payroll Software is specifically designed to cater for unlimited companies and upgrade patches provided to ensure the payroll system is in line with new government updates.

- Million POS

The vast variety of functions in the software which enable customization to individual industry’s needs.

- Automatic document production

Fast and accurate invoices, credit notes, purchase orders, printing statements and payroll documents are generated automatically. 

- Accuracy

Less room for errors as only one accounting entry is needed for each transaction rather than two (or three) for a manual system. 

- Up-to-date information 

Every accounting records are automatically updated, thus you may see the up-to-date information to trace current record or pass record. 

- Availability of information

The data is instantly available or available for different users in different locations at the same time. 

- Management information 

Reports able to be generate in order to monitor and control on the operation, management and the business flow. For example, aged debtors analysis shows the data or information of which customer accounts are overdue, and others.

- Efficiency 

Time consuming decrease based on the system’s report generated to improve the procedure of debt collection, inventory control and so on. You will have better control on the cash flow.

- Cost savings 

This computerized accounting system reduce the staff time of doing accounts in order to reduce audit expenses as records are neat, up-to-date and accurate.

- Reduce frustration 

It will be easier for you to trace the record for any decision making, thus the operation and management side getting easier to manage and handle. Stress levels and frustration able to reduce and making the business flow running efficiency and effectiveness.

- The ability to deal in multiple currencies easily

Million accounting software allow you to manage in multiple currencies at ease to do international trade, hence the problematic on the exchanged rate changes are minimized and easy to handle.

Please click HERE to retrieve your trial version of Million Accounting Software!

GST MALAYSIA

Although it is already past half year GST Malaysia implemented, but still I am gonna taking the GST courses (WHAT TA HECK?!) Why not just purchase the GST Accounting Software?! Huhuhuhu....... I don't want to attend courses.....

GST Malaysia.... Hate