5 Mistakes People Make When Choosing an Accounting System

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Accounting is the backbone of any business organization.

Choosing your accounting system is the most crucial step towards a transparent account and of course a better business.

Without enough research before purchasing an accounting system, the

following are mistakes that will be made.

#1 Unsuitable User Interface

All accounting software do not operate the same way.

The features may be similar, but the user interface tends to differ.

Small details such as language can easily be overlooked.

Kingdee KIS Accounting offers not only English, but also Traditional and Simplified Chinese interfaces.

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#2 Impractical Logic and Database

Structure

Every software works per the logic structure.

The better the logic is, the better outcome you will get.

Compare it with other accounting software .

Always look out for reliable database integration.

Kingdee KIS Accounting integrates with Microsoft’s My SQL, which is strongly reliable even as a database fills up

#3 No Taxation and Localisation

Make sure there is taxation and localisation option.

A bare minimum is that it needs to be able to file GST reports.

If you’re intending to expand your business to other countries out of Singapore, make sure that your accounting software supports the taxes of that region too.

#4 No Backup Option

What will happen if one fine morning you come to know that your software has crashed?

Always check how a back-up can be made in your accounting software.

Kingdee KIS users can easily backup the database into an external thumb drive.

Such convenience means that you don’t have to be a genius to perform regular back ups, and you don’t have to be worried when your computer crashes!

#5 No Option to Upgrade

Accounting software goes through upgrades over time, to meet the demands of businesses and make improvements and bug fixes.

Failure to keep up will cause an accounting software to be phased out eventually, losing to newer and advanced competitors.

If you were to switch to another accounting software, this can be a hassle as the database may not be supported in the newer software. Thus, it’s a wise choice to ask if an accounting software offers the option of lifetime updates.

Avoid these mistakes!

If you want to avoid these mistakes or think you may already dropped into a pit hole by committing any of these, we can help you!

Talk to us at Reach Technologies and our team of experts will help you make the right choice.

Visit us at

www.reachtechasia.com