Accounting software is one of the important systems in a company. So, it takes careful consideration in choosing that meet your business requirements.  The process in accounting is not only payment transactions but also includes tax management, accounts receivables management, invoices for clients, and so on.  Accounting software offers efficient financial controls, improve accuracy, and automatic calculation, enabling real time reporting.

At Allied Services, we prefer accounting solutions that support businesses of all shapes and sizes.  As such, depending on our customer needs and preference, we use two of the most popular and efficient cloud-based accounting software (namely Xero and QuickBooks Online) for keeping our customers’ accounting transactions safe, accurate, and timely.

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If your accounts are messy, during onboarding, our team will address it by doing an initial accounting review to identify any issues and to propose the best corrective measures. This process is known as a ‘Transactions Review and Reconstruction’ and is a necessary to ensure our client’s accounting transactions and records are in good standing which is in accordance with the Accounting Standards of Singapore.

 

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