Track Time and Integrate With Accounting Software

Employ time tracking is a difficult task for business people.  Business people need proper time tracking system to know how the employees spend their time in business hours to complete the single task or multiple tasks. If the time is not tracked properly they may lead to productivity issues, poor company morale, etc.

First, give a brief explanation about the time tracking to employees

Implementing the time tracking system in business is a critical task. So you have to clearly explain the benefits of the time tracking system. Such as

• Improves the company workflow
• Helps in recognitions
• Big data for future strategy
• Helps in finding the spot areas to capitalize on productivity

Then select the perfect time tracking program

Time tracking apps available with a lot of features such as integration, remote check, etc. Before purchasing the time tracking system for your business you have to ensure that the time tracking system can able to integrate with the accounting software.

Through the time tracking system you can simply manage the projects and analyze the profitability.

By tracking the time you know how much time is spent on the project and you can measure whether the specific project is profitable, costly to your company. You can also able to track the hung up situations in the project.

Time tracking APP provides notes to update the project status, expected and unexpected issues. Through these notes, you can analyze your client projects simply. This system also automates the payroll process.

This system helps in company workflow such as

• You can able to understand your business functioning
• Able to measure the employees’ performance based on their effort
• Able to get the business overview
• Based on these benefits you can simply do your decision making or reach your goals etc.
• These features help you to find the unnecessary cost in their budget.

Do you want to integrate the time tracking system with your accounting software? Just schedule the appointment with us!! We also are providing the best accounting software for business people. That software is MYOB Accounting software, ERP Accounting software, Quicken software, Payroll software, Point of sale software, Sage UBS Accounting software, etc. Get your software live demo!! Ping us on + 65 6227 1797 / +65 6746 2613 and Email us on sales@onestopaccounting.com.sg

MYOB Essentials Accounting vs. Xero

Online accounting is the most important thing for every business. Through the online accounting software, you can access your business data through the network from everywhere. So the accounting softwarecompanies continuously improve their software for SMEs.

MYOB Essentials Accounting provides an online accounting solution for small to large scale business and this software is the rebranded version of MYOB Live Accounts. By using this software, you can easily manage the tax, invoicing, payroll and reports.

Xero software is cloud-based software for small to medium-sized businesses. By using this software, you can manage the invoice, accounts payable, purchase orders and reports. Through this software, you can automatically import the bank and credit card statements.

Let us compare the MYOB Essentials accounting and the Xero software in this post.

Dashboards

MYOB Essentials accounting dashboards are designed well and easy to access. Tasks and top menu bar are available in the dashboards. So you can navigate easily. This dashboard also provides a screenshot of cash in, cash out and account balance.

Xero dashboard is the graph based dashboard. To know the detail information you have clink on the menu bar of each graph. And the tasks are listed under the tabs.

Bank Feeds

MYOB: To provide a reliable and secure feed, MYOB uses Bank Link server. MYOB internally process the data for accuracy. Then such data will be uploaded into the MYOB file.

Xero: Two types of feed used in the Xero. Xero is establishing a bank relationship and to import the feeds directly. And it used the Yodlee, which is a third-party provider. Yodlee sends the transaction details to Xero by login into the user bank profile.

Inventory

Both MYOB Essential accounting and Xero having an inventory tracking feature. In both systems, inventory items are tracked for sale and purchase. But inventory levels are not able to track.  For advanced inventory management, you can integrate the third party products.

Payroll

MYOB Essential Accounting allows unlimited employees in the payroll that is easy to use. But in Xero, only one employee can able to access. Based on the package, employees can able to access the payroll.

These are the few comparisons between MYOB Essential Accounting and Xero software. To know more about the MYOB keep touch with us!! EZ Accounting software is leading the accounting software provider in Singapore. We also provide various Singapore accounting software such as UBS Accounting software, Point of sale, Payroll, Inventory software, MYOB and Quicken software, etc. Do you want to book your software live demo? Call us +6562271797 / +6567462613 or Email sales@ezaccounting.com.sg. Hurry up!!

Checklist For Choosing The Accounting Software For Your Business

 

In older days every business people track their financial transactions and manage their inventory level in notebooks. As technology grows business people start using the accounting software for business. Through the Singapore accounting software business people record their revenues, sales transactions and manage their inventory levels. And accounting software reduces human mistakes than comparing to paper accounting. Now various types of accounting software are available in the market. So you need some checklist to choose the accounting software for your business.

Checklist for choosing the accounting software for your business

Business Needs

Before purchasing the accounting software, you have to know your business needs and also consider your business needs

Features

To manage the financial transaction accounting software provides many features. By tracking financial information you can get clear pictures of your business performance. Most of the business owner prefers accounting software which is easy to use and saves time.

Time-saving Automation

Through the time-saving automation features, automatically you can send the recurring invoices and past due notifications. And it saves lots of time in invoicing and accounts receivable tasks. Though this feature you can convert your client quotes into invoices.

Tax Preparation

Accounting software provides some features to prepare tax.  Such features are automatic tax calculations, multiple tax rates, and tax reporting.

Add-on Services

Accounting software add-on services are payment processing and payroll services.  Through the add- on you can accept online invoice payment and pay the employee.

Third-Party Integrations

By using the accounting software you can integrate the third party software such as POS systems, payment processing, advanced inventory management, e-commerce, ERP, CRM, email marketing and Google apps to enhance the business growth.

Consider usability factors

While purchasing the accounting software for your business, you have to know where you are going to use this software. For that consider a few factors.

Multiuser Access

Most of the accounting software allows multiple users to access the business financial data.  For those users, you can provide restricted access. For this feature, you have to pay more for some accounting software.

Multi-Business Support

If you own multiple businesses you can use single accounting software to manage those businesses under one account.

Cloud-Based Software and Mobile Access    

In today’s business world most of the accounting software is cloud-based software which helps you to access your data from anywhere and anytime through the internet. So you can run your business remotely. Now mobile apps are available for business people to monitor their business.

These are the few checklists to choose the accounting software for your business. Are you looking for Singapore accounting software? You are at the right place. Reach us at  +65-6746 2613 or +65-6227 1797  or Email us at info@userbasicsoftware.com to book your software. Hurry up!!

Singapore Productivity Solutions Grant Software

A productivity solution grant helps the SME’s in Singapore to enhance the SME’s productivity. As of April 2019, Singaporean businesses are eligible for up to 70% off. For Annual Advanced plan, Singaporean business will eligible for up to 70% off and For Annual plus Plan, Singaporean business will be eligible for up to $5,600 off the total cost.

Are you having any doubt on Productivity solution grant? Contact our accounting software experts at +65-62271797 / +65-67462613 / SMS @ 9382 1959.

Looking to download a quote? You are in the right place. Get a quotation from Pre-approved ISP Provider. And create a CorpPass account to login the BGP Portal for application submission.

Frequently Asked Questions

What is Productivity Solution Grant?

The Productivity Solutions Grant (PSG) is composed by MTI’s Grants Management Office (GMO) and controlled by the applicable agencies, to help organizations in its transformation journey. Adjusted to the Industry Transformation Maps (ITMs), PSG offers support for the selection of IT solution and equipment that have been pre-perused by the enterprises’ lead agencies.

Who is supported under the PSG?

Small and Medium Enterprises are supported under the PSG. And Non-SMEs are not supported under PSG.

How do we say the applicant is local?

The Applicant should hold 30 % of ordinary shares. And the applicant should be Singaporean. Then we determine the applicant is local.

Why applicants have to be registered in Singapore?

Applicants who are registered in Singapore will be eligible for Productivity solution grant.

Can a company apply for a multiple PSG Grant?   

The company can subsequently apply for PSG grant. But the purchase of a solution should be deployed in a different location. If it is in the same location, then the PSG Grant will be rejected for the company.

What are the supportable costs?

Supportable cost is purchase/lease/hire purchase cost of the equipment or IT solution. And it doesn’t support administrative fees.

What is the process for applying for PSG?

• First, you have to contact the pre-approved provider to get the quotation
• Then you have to sign up for Corpas account. Using that login details sign in the business grant portal.
• Then you have to submit your application on the business grant portal

Are you looking for Pre-approved ISP vendor? User Basic Software Pte Ltd is one of the Pre-approved ISP vendors under PSG Grant. So you can buy your EZ Accounting and EZ Payroll software from us with up to 70% PSG Grant. It’s the right time to book your Singapore accounting software. Call us on +6562271797 / +6567462613 / SMS @ 9382 1959 to inquire.

Features Of Sage UBS Inventory Software

Sage UBS Inventory Software

Sage UBS Inventory Software is used to track and maintain the stocks immediately after every entry. This software is also called as Sage UBS Stock Control System. And this system function as an invoicing system.  Through this software, you can able to print the invoice and delivery order. The Effectiveness of this system has been improved by Extensive R&D. To improve this system, Bill of a material module is added as a feature.

In the Sage UBS Inventory Software, Stock valuation methods are provided. Such valuation methods are Fixed Cost, First In First Out (FIFO), Monthly Moving Average and Moving Average.  And to access the data, different levels of security are provided. Stock item can also be inserted as a picture.

This software is suitable for following Small  and medium companies such as

•   Retail Shop
•   Restaurant
•   Bar
•   Hospital
•   Hotel
•   Wholesales
•   Warehouse
•   Manufacturing Companies

Features of Sage UBS Inventory Software

•   By using this software you can able to track and maintain inventory movement of the company.
•   Through this software, you can able to control the multiple company transactions.
•   This software provides different levels of security for data access.
•   Through the unique serial code, you can simply track the stocks.
•   Multiple payment modes are available in the Sage UBS Inventory Software.
•   Real-time stocks are updated with receipt and issue of the item.
•   Multiple location entry and Item graded entry is available for the users.
•   Stock valuation method modules are provided. Those are Fixed Cost, Monthly Average, Moving Average, FIFO
•   This inventory software can be integrated with Singapore accounting software.
•   You can able to retrieve all the historical records

Reports

You can simply print the following reports such as

•   Delivery order
•   Invoice
•   Cash sale
•   Sales Order
•   Purchase Order
•   Debit note
•   Credit note
•   Reorder
•   Stock Cards
•   Stock aging reports

These are the features and benefits of Sage UBS inventory software.  Are you looking for the best accounting software for your business? You are at the right website. Book your software demo through the call: sales@onestopaccounting.com or email: 65-6746 2613 or 65-6227 1797  Hurry up!! It’s your time!!

PSG Grant Inventory Software Singapore

PSG stands for Productivity Solutions Grant. This is the new scheme launched by Singapore government to support businesses in the next stage of transformation, which may need more considerable investments and long-term commitments, PSG has the following features:

• Funding of up to 50% of the cost
• Increase in grant caps
• Adopting IT solutions and equipment with pre-approved provider and
• Simplified grant processes

Eligibility Criteria

Businesses in Singapore can apply for PSG grant only if they meet up the following criteria:

• Registered and operating business in Singapore
• Purchased IT solutions or equipment under PSG should be used within Singapore
• SMEs should have a min 30% local shareholding

Steps to Apply

Interested companies can apply for the PSG by following these steps:

• Get a quotation from the pre-qualified vendor like User Basic Software Pte Ltd
• Login using CorpPass account and submit an application on the Business Grant Portal

Now business people in Singapore can purchase the popular EZ Inventory Software and Accounting Software from the pre-approved ISP provider User Basic Software Pte Ltd with up to 50% PSG grant.

 

PSG Grant EZ Accounting

The government of Singapore has introduced the new grant called the Productivity Solutions Grant (PSG). This grant has launched to help out the local Small and Medium Enterprises in Singapore and to boost productivity by adopting technologies. It will provide funding of up to 70% of the cost of off-the-shelf solutions for SMEs.

Here we clearly explained the eligibility criteria to get this PSG grant and how to apply for it.

Eligibility Criteria

Singapore SMEs can apply for PSG if they meet the following criteria:

• Applicant must have a registered business and currently operate in Singapore
• Purchase /subscription of the IT solutions or equipment must be used in Singapore
• Have a minimum of 30% local shareholding

How to Apply

Here are the simple steps you can take when applying for PSG:

• Get a quotation from the pre-approved provider User Basic Software Pte Ltd
• Submit an application on the Business Grant Portal (businessgrants.gov.sg). You will need to register for a CorpPass account to log in to the Business Grant Portal (BGP).

Now User Basic Software Pte Ltd is a Pre-approved ISP vendor under PSG grant. You can now purchase EZ Accounting and Inventory software from User Basic Software Pte Ltd with up to 50% PSG grant.

Kindly contact us for assistance @ 6227 1797 / 6746 2613 / SMS @ 9382 1959 to enquire.

PSG Grant Accounting Software Singapore

Singapore’s government introduced the new scheme called the Productivity Solutions Grant(PSG), which will provide funding of up to 70% of the cost of off-the-shelf solutions for Small and medium enterprises(SMEs). This initiative has started to help out the local SMEs in Singapore and to improve productivity by adopting technologies.

You can get going your technology journey by taking trouble-free steps to computerize existing processes and improve productivity. The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to improve business processes.

Eligibility Criteria

Singapore SMEs can apply for PSG if they meet the following criteria:

• Applicant must have a registered business and currently operate in Singapore
• Purchase /subscription of the IT solutions or equipment must be used in Singapore
• Have a minimum of 30% local shareholding

How to Apply

Here are the simple steps you can take when applying for PSG:

• Get a quotation from the pre-approved provider User Basic Software Pte Ltd
• Submit an application on the Business Grant Portal (businessgrants.gov.sg). You will need to register for a CorpPass account to log in to the Business Grant Portal (BGP).

We are proud to announce that now we are a Pre-approved ISP Provider under PSG grant. You can now purchase EZ Accounting and Inventory software from User Basic Software Pte Ltd with up to 50% PSG grant.

For support, kindly contact us at 6227 1797 / 6746 2613 / SMS @ 9382 1959 to enquire