Stock control or inventory control is used for tracking and managing company’s inventory or stock. Efficient stock control allows having the right amount of stock at the right time to ensure that capital is not tied up. Stocks are of four types:
• Raw material
• Stocks of unfinished goods
• Finished goods
• Consumables
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In today’s business world, a firm with the newest and fastest technology stands out of the crowd. Use of latest technology not only makes your work easier, simpler and more efficient but also brings you up in the competition. This boosts productivity and grows your business faster.
It is a common misconception that all accounting software for small business are same. There are different types of software available in market to accomplish different business needs. You have to choose a right accounting software in Malaysia and elsewhere that best suits your business. There are three types of small businesses for which software can be used. These are small, medium and enterprise businesses.
Accounting is the back bone of commercial business as all business requires an accountant. The accounting software in Malaysia and elsewhere allows users to store all information that help in the calculation. It allows you to make your daily tasks easier.
Payroll software is a tool to manage all the accounting needs of small, medium, large businesses, and multinational corporations. It is the easiest way to calculate employee salaries, bonuses, tax withholdings, wages, and tax deductions accurately. It is the best choice to keep track of weekly, monthly, and annual pay checks. Generally,it requires some initial information and then this software automatically calculates pays and produces pay slips. It is reliable and easy to use software.
With a GST Compliant Accounting Software, you will be able submit you GST form accurately and on time to facilitate with the total amount payable or claimable from your local authorities. Timely submission and payments will protect you from unnecessary penalties or even excessive fine.
Million accounting software is suitable for Malaysia’s SMEs at an affordable price point. You will not be required to pay any annual renewal fees for the software and there are no hidden costs. You will be able to access to all the features of the software at no extra cost and installation is completely hassle-free. You can move your licenses around and access to your data at any computer which has Million installed. There is two data entry method available, the classic entry method will allow experience users to complete a full set of accounts on a single screen while the quick entry method is recommended for users who prefer to key in entries in a form style template where the minimum or no bookkeeping knowledge is required.