Accounting software package is a must when it comes to buying an accounting software as that is what counts in a business management software. The right package makes the software what it is and that is exactly what you need from an accounting software. To find the right software for your business is to find the right software with the right package.
Why do you need an accounting software?
- Starting a business
- Your business is expanding
- You want access to all your data and information
- You want to streamline your operations
- You want to save time
- You need a cost effective management
- Your business is too large to handle ,etc
Right accounting software package
This is the main reason why you are looking for an accounting software, to manage your accounts. An accounting software must be able to handle all your accounts in the simplest and smartest way to pass the test of a right accounting software.
An automated business functions faster and better. Automated billing, recurring payments, past due- notifications and other process helps in saving time. Thus you need an accounting software that will automate your entire business.
- Tax preparation
This is also one of the most important package that should come with the software as it is really difficult to manage tax and calculate the complex structure of tax. An accounting software must include taxation just like gym has to come with treadmill in it.
- Multi user access
If a software has no multi user access it makes the business function rigid with less number of work taken care of as one or few members can log in. This reduces workflow and does not prove to be as fast as other software that provides multi users.
- Quotes and estimate creation
Get a software that has a feature that creates quotes and estimates easily and can convert them into invoices automatically.
- Payroll processing
It should be a software that does not only take care of one department but as an accounting software it should be capable of keeping an account of all the departments. Enter time sheets, calculate pay, print checks and pay your employees without any hard work.
- Mobile access
If your software is accessible from your cellphone then it is one of the best solution for you as you will be able to access your business from anywhere. This will allow you to keep an eye on your business at all time with nothing going unnoticed under your nose.
- Third party integration
An accounting software that makes third party integration easy makes your business process simpler as it will automatically integrate all the apps and you will be able to manage it from one software.
- Cloud based
Make sure that you are getting an online software as it has more benefits than an offline software. It provides backup, better security and more facilities than an offline software.
- Tracking capabilities
When a software can track expenses, employees, work progress, inventory level, etc, it will allow you to take better decision hence it is important that an accounting software can track all the business processes.
- Real-time data
Real time data makes business simpler, faster and allows better decision making. You will be able to access to your data as soon as certain changes are made as it will pop up as a notification so you know exactly what is happening in your business. This is very helpful in case you have several branches, companies and when you are not at work.
- One stop solution
An accounting software must be able to present it a s a one stop solution to pass the test as if a software requires helps from other software to be a complete software you are just going to waste your time and money on it.
The questions that you are to keep in mind while getting the right accounting software package:
- Is your software built for your business size?
- Does it fit your industry?
- Does it offer customized solutions to fit your business?
- How many clients and employees can it accommodate?
- How can it comply with GAAP, Tax laws, and financial regulations?
- How is its data backup?
- Can access be restored instantly during an outage?
- Is the security strong enough?
- What is the total cost? Is it affordable for your business?
- How is the technical support of the software?
Reach accounting software
It is a powerful accounting software built for SMEs and manages your business from all the sides. It is cloud based and is easily customizable. Reach can be sued by any business and it manages accounting, billing, invoices, inventory, tracks expenses, payroll, tax, VAT, multi branches, multi business, etc.
Reach is one of the best software provided by the industry as it understands every kind of business with its smart solution that comes with a rich variety of features which makes it a one stop solution. It automates your entire business and manages all the departments, providing you all the updates in real time. Reach is also GST ready making your taxation even simpler and managing your business in the smartest way possible. Reach helps you take better decision so you can have a better business leading to the growth and progress of your business in a higher speed. Reach allows multi user according to its price and your requirement.
It comes with bank levels security with 256 bit encryption. Reach provides auto backup every 3 hours and also has free anti-virus to save your data and system from virus attacks. It comes with accessibility restriction although it is accessible from anywhere. You can access it from any location and any device and also restrict areas within it from your employees for more privacy.
- Order management
- Manufacturing management
- Point sale
- Lots and barcode management
- Multi branch
- Multi company
- Auditor view
- Mobile application
- Business automation
- Operations and process
- Loyalty management
- Tally import
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