Category: Blogs

Wholesale, Retail and F&B Accounting

Wholesale, Retail and F&B Accounting

Wholesale, Retail and F&B Accounting Wholesale, retail and F&B accounting is typically useful for multi-channel distribution business. One typical example is an alcohol distributor who does import/export, sells wholesale to other retail outlets, setup his own retail outsets or online sales channel and also F&B outlets for the convenience of people who just want to

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myob-abss

Cloud MYOB with QNAP

Cloud MYOB with QNAP You can turn your traditional MYOB software to cloud MYOB with QNAP. Most users of ABSS (previously known as MYOB) are on-premise product which means you can only access the application within your office premise. All you need is QNAP, Windows OS License and remote access application to turn everything online.

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departmental accounting

Departmental or Cost Centre Accounting

Departmental or Cost Centre Accounting Departmental or cost centre accounting has always been desired but lacking in many accounting solutions. It has not been easy to departmentalise our income and expenditure due to the fact that we have been breaking our analysis on project costing, item tracking and customer costing as priority and it has

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Moneyworks for Education

Moneyworks Automation for Education

Moneyworks Automation for Education Moneyworks automation for education business involves simplifying managing government subsidies. We met with one client who started to shared with us about their current problem which is common in the education industry. Current situation: They are using MYOB (now known as ABSS) for the accounting, however, they have pre-printed receipt booklets

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making it simple

Productivity Solutions Grant (PSG)

Productivity Solutions Grant (PSG) Productivity Solutions Grant (PSG) was announce in this year’s budget to assist companies to adopt pre-scoped IT solutions. You can refer to SME Portal for more details. What does it do? It covers sector specific IT solutions to assist specific sectors as well as some generic IT solutions for sectors not

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softphone x-lite

Softphone x-lite

Softphone X-Lite Softphone x-lite is a great alternative to our conventional office extension phone. We have completely moved from conventional Panasonic PABX to IPPBX, with some using software x-lite which is a free software phone. So my laptop screen looks like this with x-lite: My laptop screen above with x-lite My USB headset that frees

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ABSS Premier v21

ABSS Premier v21

Unleashing ABSS Premier v21 What’s new with ABSS Premier v21 Introduction to Customer Accounting (which is explain in our previous blog) New Report – Financial Analysis There are three types of analysis provided in this report: a) Liquidity Ratios Cash Ratio A liquidity ratio – measures a company’s ability to pay off its current liabilities with only cash

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ABSS Upgrade & Comply

ABSS Upgrade Cover

Exclusive deals to celebrate nation’s birthday! The Ultimate Deal! We are your ideal partner in IT. Taking care of software and hardware consultancy and services since 1992, we simplify your IT requirements and get IT done for you. We provide simple and reliable system saving you time & money and yet keeping IT reliable. At Advanced

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Customer Accounting

From 1 Jan 2019, you are required to apply customer accounting on a relevant supply of prescribed goods made to a GST-registered customer for his business purpose.  A relevant supply is: a local sale of prescribed goods whose GST-exclusive sale value exceeds $10,000 and is not an excepted supply. The prescribed goods are mobile phones,

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MoneyWorks Express v8 Accounting Software

MoneyWorks Express v8 accounting software is a hidden gem for SMEs due to the fact that most Singapore companies are asking for IRAS compliance, it has been largely neglected although it does provide IAF file and GST form 5 reports. Therefore, most SMEs ended up buying Moneyworks GOLD and Datacentre even though some only require basic

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