9 Tips to Choose Right Accounting Software for your business in UAE- Perfonec
The Buzzword
in the UAE appears to be VAT-ready.
But is your business ready for it? And what about the one tool that will be critical
for a smooth conversion – your accounting
software? With VAT coming into play on January 1, it has become very
important to switch to an sideways integrated platform that gives businesses
error-free accounting, comfortable tax filing and visibility into their order
and completion processes. For example, cloud-based
accounting software provider Zoho
Books has been among the first to put together these features and suggest
a UAE-tailored special edition. If you are in the market looking for the right
accounting software for VAT, here is a point to help you choose the right one:
1. Mobility: - You can simply access it from wherever you are, using
whatever device is handy – whether it is the any new iPhone X or a PC.
2. User interface and navigation: - It should still
let you turn off modules you will not be using, further simplifying the user
interface.
3. Automation: - The less time you spend on your accounting everyday
jobs, the more time you will get to manage other parts of your business. The best
software automates time-consuming and tedious tasks, manages number crunching,
data analysis, manages inventory stocks and spoilt goods, economically
generates invoices and estimates, sends reminders for outstanding payments and
even does financial reconciliation
4. Powerful dashboard: - Business owners and CEOs would
appreciate an accounting tool that gives them a immediate, bird’s eye-view on
the strength of their business. This would include perceptive graphs that
capture cash flow, income and expense, total receivables and payables, bank and
credit cards status, ongoing projects and top expenses.
5. Security: - With incidents of cyber attacks and data theft rising
noticeably in recent years, the accounting software – especially if it is cloud-based
– must guarantee that your data is safe and beyond the reach of hackers.
6. Change management: - The accounting software has to be strong
and flexible adequate to accommodate an organisation’s changing priorities,
processes and people.
7. Customer support and outreach: - Since the
accounting software will be a key backbone of your business, it needs to be
backed by well-organized and trustworthy customer support – via email, live
chat, phone or social media.
8. Shiny new features: - Like your business, a good
accounting software continually evolves, fixing bugs, do modification of layout
and speeding up the workflow. It not only strives for feature equality with its
major competitors but also surges ahead with a unique set of capabilities.
9. FTA Approved Software: - The Federal Tax Authority has
released guidance for Tax accounting software which requires such software
to remain to certain requirements in order to fulfil with the
obligations set out in the Federal Decree law no. (8) of 2017. So Business
software must be FTA Approved Software
Perfonec
Computers LLC has Accounting Software’s which have all about features.
Start your free
trial of Quickbooks, Zoho Books, Tally ERP or Sage 50
or Call 043866199
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