What are the Features Available in an Accounting Software?
An accounting software eases the business process as it includes the following features:
Accounting Software Types
Different accounting software have been built based on their utilization. The different types of accounting software include the following:
1. Billing and Invoicing System
Helps a company to perform day-to-day tasks, including writing checks, and reminders for customers on their due payments. Billing & invoice systems hold control over the accuracy of accounting figures and make service look more credible and professional to the end recipient.
2. Enterprise Resource Planning System
This is the most popular accounting software category, and includes systems helping material purchasing, inventory management, and control, product planning, accounting, marketing, distribution, HR, and finance. The latest software also offers modules for business intelligence and CRM.
3. Time an Expense System
The main motive behind this system is to help collect payments faster and detect slow and inefficient practices that were not visible before. It also produces detailed geographical reports on how the available resources and time are being used in the company.
4. Payroll Management System
A payroll management system allows you to have control over accounts payable and accounts receivable. The tools were developed to calculate employees’ salaries, depositing the salary directly into employee’s bank accounts, cutting deductions, and preparing tax forms & payslips.
JAXA Accounting Software Services
At JAXA, we provide the following accounting software services:
- Introduce your business to the world of online accounting
- Conduct the services using the latest accounting software
- Helps you to understand the working of accounting software
- Paperless transaction along with essential backup