Accounting Trends 2018 that Business SMEs Should Know

The accounting field in the Year 2017 becomes its milestone. Since this year, accounting began to be applied with technology and automation processes. Application of special software such as Quickbooks Accounting Software, Sage 50 Quantum Accounting, Invoice2GO, XERO or MyOB with all its features by most SMEs companies.

Let us review each feature of accounting software above.

  1. QuickBooks Accounting Software has the following features:

Expense Tracking: Record cost for tax time. You can even take and save your receipt with the QuickBooks Online mobile app. Invoicing: Create custom, professional invoices, sales receipts, and estimates you can send in minutes. Accounting Reports: Instantly see how your business is performing with customizable reports and dashboards. Cash Flow Management: Enter a bill from the vendor, and pay them only when they are due. Periodic payment schedule to save time. Accountant access: Accountant You can manage your records from anywhere, anytime so it’s easy to work together. Automatic backups: QuickBooks Online backs up data every day, so your numbers are always up-to-date. Data security: The bank security level (128-bit SSL encryption) ensures your data is secure. Free unlimited support: If you need help, support is available from Monday to Friday at 7:00 am – 12:00 am (GMT + 8).

  1. Xero Online Accounting Software has the following features:

Easy invoicing: Create regular invoices and get updates when opened. Go mobile: Xero mobile app works with iPhone and iPad & Android phones and tablets. Inventory: Inventory items accelerate invoicing when tracking sales and purchases. Multi-currency: Reconciliation of foreign currency accounts, with exchange rates updated hourly. 700+ third-party apps: Inventory, invoices, time tracking, fees, and more are all integrated with Xero. Attach files to data: Attach source documents to almost anything in Xero …

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