How you should calculate your employee’s wages if he/she works during the public holiday or weekends? How about calculating annual leave for employees that work less than a year? Know nothing about EPF, SOCSO and Income Tax calculation based on Malaysian law and regulations?
Details
Payroll is an important part of any business as it involves calculation of employees’ pays, wages, bonuses and deductions accurately and efficiently. Paying a fixed amount is the easiest way to deal with payroll but employees’ salary depends on working hours, wages, allowances, and more, therefore, it requires keeping record of employees’ data. Managing HR…
Details
Accounting software is very important for every business success as it stores important business information that helps in making business decisions for future business success. Good accounting software has the ability to accurately record the flow of money into the business. It helps small business owners to better analyze and identify revenue problems with the…
Details
In today’s world, it is important to utilize the best accounting software to run the small business effectively and efficiently. Accounting software enables you to manage your business’s financial transactions and gives accurate calculations. As demand of accounting software is rising, more advanced easy accounting software solutions are available to fulfill small business accounting needs.…
Details
Keeping the record of finances and efficient management of money coming in and going out of the business is very important for a business success. If business owners do not manage accounting data properly, they can fall short of money to perform any business activity, which increases the chances of business failure. Therefore, businesses either…
Details
Small business owners spend valuable time preparing cash flow forecasts on spreadsheets. Preparing cash flow forecast for various purposes can be tricky. Business owners can benefit from accounting software, regardless of the user’s understanding of accounting principles. Accounting software is gaining momentum over the past years. With the advancement of technology, they are becoming more…
Details
Many people start up a business and need to handle all the wages, taxes, premiums, and deductions that is a time consuming and complicated task. Getting help with the software of payroll for small business is a smart choice. It may come as standalone application whereby small businesses can manage their payroll. Payroll software can…
Details
Payroll management is a key component for the success of any business. Ensuring accurate employee pay calculation and payroll taxes build trust among employees and can greatly benefit your business. Payroll software makes the preparation of employees’ salary easier. Nowadays, many businesses are using payroll software to calculate employees’ salary. It automates the process of…
Details
Accounting is the backbone of any commercial business. Mismanagement of cash flow is one of the most common reasons for business failure. With cash flow management and forecasting, businesses can manage their cash by stop spending more cash than they receive to ensure availability of sufficient cash in the bank. It helps in managing business…
Details
Every employee receives salary for their services. Accurate salary calculation builds trust among employees and keeps them happy. Salary calculation depends on various factors such as working hours, bonuses, and tax deductions that makes this task complicated and time consuming. Small companies usually assign payroll tasks to one or two employees, which takes time and…
Details