abss accounting

Most important accounting software features ranked by more than 100 SME bosses

admin2022
Blogs
Most important accounting software features ranked by more than 100 SME bosses The most important accounting software features for SMEs, based on feedback from over 100 SME bosses, often include the following, ranked in order of importance: 1. Ease of Use: A user-friendly interface that doesn’t require extensive training is crucial for SMEs. 2. Automation: Automated features like recurring billing,…
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Moneyworks – Price Inclusive or Exclusive GST

admin2022
Blogs, Moneyworks
Moneyworks – Price Inclusive or Exclusive GST in invoicing will allow some customers to deal with retail sales. Some customers especially retail customers would need all price quotes or invoice inclusive of GST. Here is our solutions to such arrangements using multiple price level. 1. Setup the products with price level in Selling Info tab of your item, tick Multiple…
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ABSS Accounting & Premier v30

admin2022
Blogs
ABSS Accounting & Premier v30 (SG) – New release expected on 5th December 2022 We are delighted to present you with the all-new ABSS Premier & Accounting v30! This version will be released on 5th December’22. Check out what’s new in this release: Compliance Update • Singapore GST rate changes for 2023 New Feature • Voucher Number added to Spend Money…
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How Covid-19 has impacted the digitalisation of businesses

admin2022
Blogs
How Covid-19 has impacted the digitalisation of businesses As we all know, Covid-19 has impacted businesses badly and most business are trying to stay afloat desperately by accelerating the pace of digitalisation in response to the pandemic. However, according to a study done by ASME and Microsoft, more than half of Singapore SMEs have reported delays in their digitalisation process…
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Comparison of Accounting Softwares

admin2022
Blogs
Number of Companies ABSS– allows you to create up to 5 companies in your initial purchase of the license. Moneyworks- allows you to keep as many accounts as you want on one computer, with no additional fees or license required. Xero– allows only 1 company per subscription. If you are an SME in Singapore that needs more than 1 company…
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Choosing the right accounting software

admin2022
Blogs
How to Choose the Right Accounting Software As a business owner, it is essential that you have the right accounting software that helps you to accomplish your daily accounting tasks – keeping track of payments and expenses, sending invoices to customers and reconciling transactions- and also help to give insight into your business’s financial status. If you still aren’t convinced…
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Reasons to use accounting software

admin2022
Blogs
5 Reasons Why Businesses Should Use Accounting Software As a business owner, it is easy for you to get caught up in your daily operations and if you are still using a manual accounting system, you are wasting your time and you should consider looking into accounting software to help you manage your finances. But first, what is an accounting…
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Sourcing for good accounting solution

admin2022
Blogs, Moneyworks
Moneyworks – Seriously Good Accounting Solution ABSS (formally known as MYOB) Sourcing for good accounting solution in Singapore can be quite a major task as there are too many solutions out there in the market place. Even as vendor, it took us quite a while to conclude what product we deem as good for our clients. Over the years, we…
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Moneyworks setup simplified, Moneyworks for Education,

Moneyworks Automation for Education

admin2022
Blogs, Moneyworks
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 for the recording of student…
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