Invoice software is an essential tool that every business owner should be using to run their businesses efficiently. After all, smart business owners are always looking for ways to scale
Seven Accounting Software Features that Save Your Time
Businesses today start adopting accounting software to streamline their business operations and manages cash flow. However, some business owners discuss whether this technology will be here to stay or the
Types of Bookkeeping Systems & Methods
Every business, no matter the size, needs a good bookkeeping system. Bookkeeping is how companies record their day-to-day transactions and prepare financial statements and tax reports Bookkeeping, when done correctly,
How to Improve Your Invoicing Process
Whether you run a massive multinational or a corner store, invoicing is an essential process in your business. Just because this business management procedure has been around a long time
Step By Step How-To: Bank Reconciliation
What is Bank Reconciliation? Bank reconciliation is a process that compares and matches the cash balance of your company’s balance sheet to your bank statement. This helps businesses identify the
Five Tips for a Smooth Year-End Accounting Closing
At the end of the year, many get into a festive mood and take some time off to relax. However, business owners and those who holds an accounting or finance
Benefits of Using Mobile Accounting Apps
Accounting departments of businesses around the world have witnessed significant technology advancements in recent decades. From desktop accounting software to cloud-based accounting software, technology has always focused on improving accuracy
Cloud Accounting vs. Traditional Accounting
Recently, more and more Malaysia SMEs started to devise innovative strategies in storing their accounting and financial information. Businesses are rapidly switching from traditional on-premise accounting method to cloud accounting,
PENJANA – Tax Relief and Stimulus for Malaysia
In a move to restart the nation’s economy, the Malaysian government initiated an economic recovery plan known as Pelan Jana Semula Ekonomi Negara (PENJANA) on June 9, 2020. The initiative
What is Petty Cash? The Malaysian Accounting Guide
Businesses of all sizes need cash in hand to respond to unplanned business needs as they arise. A cash fund set aside for this purpose gives businesses better control to
