Most Valuable Accounting Software Features

Accountants search for the most valuable accounting features such as core accounting, tax management, data access, billing and invoicing, payroll system, inventory management, data security, and integration. When these features are combined then the accounting process is executed accurately.

Lets we discuss the most valuable accounting software features in our blog post!! Keep in touch with us!!

Core accounting

Accounting software basic module always ensures the accuracy for the following things.

• General ledger
• Account payable
• Account receivable
• Fixed assets
• Bank reconciliation etc

For strategic decision-making, accounting software has a core accounting feature to track all the financial and monetary information. Based on this financial history the company can easily make a decision about its business. Automation plays a major role in redundant tasks and higher-level processes such as matching the payment to invoices.

Tax Management

Through the automation feature, all the necessary information is filled in the tax forms and tax calculations are calculated for sales and payments. It also provides automatic reminders for tax updates. By using the accounting software, it reduces late payments.

Payroll System

Payroll system management is one of the major functions of accounting software. With accounting software, you can able to integrate the payroll software. Through this feature, you can able to process employee payrolls, pay taxes, prepares tax reports, pay employees salaries to their accounts. By using the accounting software payroll process is done easily.

Data security

Financial information is the backbone of businesses. So you have to secure your financial information at all times by using cloud accounting platforms. You can able to provide a different level of data protection for your financial information if you are using cloud-based accounting software. For security measures, cloud accounting software provides the following features. Those are

• Data and transactions encryption
• Password protection
• Access permission for users
• Backup and recovery mechanisms
• DDoS attack and spam protection

We (EZ Accounting) always provide security features with our accounting software. Get your accounting software from us!! Hurry up!!

Integration

Through the integration feature, accounting software can be integrated with third-party business services such as CRM, Sales software, inventory management software, etc. Integration feature always provides greater efficiency.

These are some of the most valuable accounting software features.  Are you going to buy Singapore accounting software for your business? EZ Accounting software is the best accounting software provider in Singapore. Reach us on + 65 6227 1797 / +65 6746 2613 and Email us @ sales@ezaccounting.com.sg to book your software now!!