SAP Accounting Software
SAP Software is an Enterprise Resource Planning (ERP) software with integrated functions for accounting, sales, marketing, planning, etc. SAP stands for Systems, Applications and Products. It has a range of accounting software packages like SAP Business One, SAP Business ByDesign, SAP Business All-in-One and SAP Core Finance, to meet the needs of many businesses.
What does SAP Accounting Software Perform?
SAP Business One is an Accounting Software which caters for the Smaller Businesses. This software program is affordable and simple to use. It is designed with the aim to cater for Small and Medium-size Enterprises (SME). It is less complex to use as compared to its other Accounting Software and it enables the business to manage its sales, distribution and accounting functions within this integrated SAP Business One Accounting Software.
Key Features of SAP Business One Accounting Software
- Tool to manage accounting and financial processes.
- Automatic posting of recurring accounting entries.
- Report generation tool for balance sheets, profit and loss statements, cash flow statements and aging reports.
- Generate XBRL File necessary for ACRA Filing.
- Integrates seamlessly with Microsoft Excel for financial reporting and analysis purposes.
- Tool to manage payment and collection.
- Tool to create profit and cost centers for the allocation of revenue and expenses.
Other Competing ERP Software
SAP Accounting Software faces some challenges from SAGE Accounting Software and Microsoft Dynamics Accounting Software recently. You may wish to explore these 2 Accounting Software before deciding on the best software which suits your needs.
Cloud Online Accounting Software is becoming very popular for small and medium size enterprises in Singapore. The 2 most popular cloud accounting software is Quickbooks Online and Xero Accounting Software. For free cloud accounting software, Wave Accounting is the most popular. Discuss with us to see if you need the paid accounting software or can do with the free accounting software.
From starting a business to annual reporting, you can count on us. The birth of your company is our business. We ensure that it is painless and smooth. We would like to see it eventually grow with our support. Call us now to discuss the incorporation of company, registration of business and corporate secretarial matters.
Let our corporate tax, individual tax, withholding tax, transfer pricing, trust income tax and GST specialists assist you in your tax filing. Our tax service includes both tax filing and tax advisory.
We also assist to reply to IRAS query and audit as well as preparing a voluntary disclosure. Just let us know your requirement and our tax professionals will be able to help.
Payroll report and payslip is sensitive and outsourcing payroll reporting to a service provider may be a better way to avoid disclosing such sensitive information to staff. Contract our Human Resource and Payroll Team for my information.