14 Dec Where Can I Get the Most Reliable Accounting Software in the Philippines?
No matter what period it is, we all know that accounting is not an easy task. When it involves money, people should be more aware and secure of everything around them. Especially in business, common challenges occur from time to time when it involves managing business finances. In the past, the employees were tasked to do everything by hand, even if it involves money. The result? Some of them became frustrated and overwhelmed with their duties because they have nothing to support their work but themselves.
Luckily, accounting software in the Philippines were developed as a way of help for these individuals. Gone are the days when people have to suffer from an overwhelming number of tasks. Today, people use some accounting software when the job involves hundreds, if not thousands, of transactions every day.
Truthfully, the modernization of time has helped most of the jobs around the world, including the accounting profession. With that, the persons in charge of the finances can avoid errors as much as possible without hassling themselves. With the use of some accounting software, anyone can do their jobs well in lesser time. Indeed, technology is one of a kind.
Why Do People Use Accounting Software? What Is It?
In the Philippines, most business owners use “accounting software” for their daily tasks involving transactions. Apart from its various uses, some accounting software platforms are present to be of help to the employees. As they use it, it will enable them to focus on other errands that are necessary for your business.
In the past, most accountants were trained to work with the simplest tools for transactions, such as calculators. However, the modernity of time has made every company dependent on technology. These companies usually use lots of devices for their daily tasks. Apart from that, they use technology to avoid having complications that could burden the business in the process.
When it comes to money, people in the finance industry engage in hundreds, if not thousands, of transactions from time to time. Furthermore, these individuals would have to review and present these transactions with precision and accuracy as much as possible. Meaning, failure is not an option because it could bring a dilemma for the company. With the given circumstance, we can conclude that investing in the right accounting software is essential for business.
Before accounting software was developed, people had to record everything with the use of pen and paper. Luckily, thanks to IT professionals, everything is made possible and easy with the use of technology.
What Are Some of the Most Reliable Accounting Software in the Philippines?
According to Aldaris CPA Group, some of the most common accounting software that are available worldwide are Sage 50, QuickBooks, FreshBooks, and so on. Luckily, Sage 50 and QuickBooks are available in the Philippines. With that, the Filipinos can purchase a reliable software platform for their business. To know more about it, kindly refer to the information below.
What is Sage 50?
Sage 50 is one of the most reliable accounting software that is used in business. It delivers built-in accounting practices to keep your business finances to stay on track. According to Finances Online, Sage 50 is utilized for taxes, inventory, budgeting, cash flow, and invoicing. Apart from that, it can also track purchases and pay bills from time to time. As a whole, it is an online accounting solution for small to medium-sized businesses. Some of its features are the following:
- Cash flow statement
- Financial management
- Inventory management & optimization
- Supplier management
- Pay bills electronically and print paper checks
- Tax management
What is QuickBooks?
According to Aldaris CPA Group, QuickBooks is one of the most famous accounting software in the market. Apart from that, QuickBooks is recognized as a potent and useful software for small to mid-sized businesses. In fact, even if your company doesn’t have an accounting department, this software is built to be used by anyone concerning money. As a whole, companies can grow bigger and earn better profits by using this accounting software. Some of its features are the following:
- Data security
- Track expenses
- Cash Flow Management/ Manage Bills
- Automatic backups
- Bookkeeping
- Receipt Tracking
Where Can I Get an Accounting Software in the Philippines?
If you are currently looking for an available accounting software for your business, Xirrus Inc. is present to help you. Xirrus Inc. is one of the most dependable authorized distributor of Quickbooks in the Philippines. It has excellent feedback from the industry ever since it was founded. As a company, they are committed to serving you with ideal solutions concerning accounting at any time. All they want is for your business to reach its best potential as they provide you with what you need.
When it comes to its accounting software, they mainly offer the Sage 50, QuickBooks, and Abss. If you want to know more about them, kindly refer to the information below. Written there are some of its general processes and features to keep you posted.
Sage 50’s General Process/Features
PROCESS/FEATURES | PREMIUM | QUANTUM |
Number of users | Up to 5 | Up to 40 |
Deployment | On premise | On premise |
Platform | Windows | Windows |
Database | Pervasive SQL | Pervasive SQL |
Number of companies per license | Unlimited | Unlimited |
Multi-user type | Named user | Named user |
QuickBooks’ General Process/Features
PROCESS/FEATURES | PRO | PREMIER | ENTERPRISE |
Number of users | Up to 3 | Up to 5 | Up to 30 |
Deployment | On premise | On premise | On premise |
Platform | Windows | Windows | Windows |
Database | Sybase | Sybase | Sybase |
Number of companies per license | Unlimited | Unlimited | Unlimited |
Multi-user type | Concurrent | Concurrent | Concurrent |
ABSS’s General Process/Features
PROCESS/FEATURES | ACCOUNTING | PREMIERE |
Number of users | 1 | Unlimited |
Deployment | On premise | On premise |
Platform | Windows | Windows |
Database | MS SQL | MS SQL |
Number of companies per license | 5 | 5 |
Multi-user type | N/A | Concurrent |
These accounting software products are all available for their customers at any time. If you want to know more about Xirrus Inc. and their offered software, please do not hesitate to contact them. Also, you could visit them directly at Unit 901 Jafer Place Bldg., 19 Eisenhower Street, Greenhills, San Juan City, Philippines.
With the changes brought by technology, things are becoming easier than it should be. No matter what your business is, obtaining some software is a wise thing to do. If you want your business to succeed, you should be equipped with the right set of solutions to stay on track. As the famous adage goes, “prevention is still better than cure.” Instead of doing everything manually, obtain some software to assist you in your business journey. It is better to be careful than to be reckless.