What is Accounting Software?
Accounting software is just another software, but the functions that it does for the organization is immense. This application software helps the companies to record their transactions. These transaction includes payables, receivables, trial balance and payroll. This software provides the complete accounting information of an organization and it acts as an accounting information system for the organization.
How do the companies get it?
Many larger organizations have their own accounting software built in-house and have their own experts to operate and maintain them. But recent trend shows that companies are not investing in building the software, instead they can purchase readily available packages provided by many companies. SAP based tools are readily available in market. Jinisys Software was providing these solutions to small and medium sized companies in Philippines for quite some time now.
Benefits of an Accounting Software for Small Businesses
This helps the companies in streamlining their accounting process and procedures and helps eliminate a lot of possible human errors. The days which required a separate store room for stocking all the financial documents of the organization and sorting them out is long gone. A computer with a good storage capacity can compress these storage rooms into a desk space. But just a computer is not sufficient. Companies would also need efficient and reliable accounting software. Advantages of having accounting software in companies are,
- Elimination of possible human errors
- Eliminate the larger store room requirements (to stock the financial documents)
- Quick response to their customers (internal and external) – In the older hard copy method, retrieving documents is a daunting task. But with proper organization of files via accounting software it is just a click away.
- Efficient and reliable accounting information system for company.
What can there accounting software handle for Companies?
In general, accounting software’s includes some basic stuffs for managing the company accounting system. In some specific cases, these accounting software’s can also include some special modules and satisfy the needs of the company.
Some of the core modules covered under accounting software includes, Receivables, Payables, Ledger, Billing, Inventory, Purchase/sales order and Book keeping.
These software’s include some non-core modules also. They are Debt collection, Expense, Inquiries, Electronic payment, Payroll, Reports, Timesheet, Purchase requisition, Reconciliation, Drill down, Journals, Departmental accounting and statutory holdback.
Accounting Software for Small Business in the Philippines:
Even in small businesses having a software for accounting management is a great tool for handling financial tasks for the organization. In the Philippines there is only one accounting software product that is robust and trusted internationally named SAP Business One. SAP Business One is designed for small and medium large organization that contains outstanding features that gives automation towards financial operations within the company.
SAP Business One:
SAP Business One application is best suited for small businesses that have outgrown their packaged, accounting-only solutions. This application is primarily used in retail, wholesale, professional services and small manufacturing firms. This provides the basic accounting solution software to all companies, and it also includes more than 550 add on’s, specific to various industrial applications. This is also provided with traditional licensing.
This application is built upon proven decades of experience of SAP and stands as a complete interface and world class enterprise resource which is flexible enough to meet the growing needs of the small businesses and enable hindrance free growth of the organization. With this they can streamline their end-to-end process and get quick and accurate information about the company. This also helps in accelerating the growth of organization. This is delivered with flexible platform and is supported locally in Philippines by many providers/vendors of SAP.
One such company is the Jinisys Software.
Jinisys Software Inc.:
Jinisys Software Inc. is a leading software provider in Philippines and it is an organization which is striving hard to build world-class technology since its debut back in 2008. Many category of products is provided by Jinisys. Some of them are Hospitality Software, Communication software, Point of Sale Software, Healthcare management software, Inventory software, Property Management Software, Tailored software and Mobile applications. Among this Inventory software covers all the company accounts related softwares. SAP Business One comes under this Inventory software category.
Jinisys Software Inc., has been bringing the banner of SAP Business One of the years and continually distributing the software product to various SME’s in the Philippines. In fact, this is the most used accounting software for hospitality industries and real estates.
When a company strives hard to outperform their competitors and emerge as leading company in that field, what they need is to integrate SAP Business One to the business operation. It easily manages the company’s financials, services, sales and customer relationships. This adopts a continuous process which consistently records and analyzes business trends and generates real-time business reports. These reports in turn can help the organization to plan for the ever-changing business environment and grow faster.
What are you waiting for, integrate with SAP B1, Raise above the rest of competition and advance ahead in this complex financial world.
Our products can also be integrated to SAP B1 to attain a customized requirements by your business. Learn more about our services and software by browsing on this website.
Jinisys Software Company Profile
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