Provide advice on which accounting software is best for you

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Next, the same business will go through a maturity phase , and finally a phase where the business begins to show a decline in terms of sales and demand.



Business Startup Phase
We will begin this discussion by looking at how accountants can play a role in this initial phase. What can they help you with at this stage?



(1) Determine the best business structure for your company


Generally in our country, there are 5 types of businesses that can be run, namely

Sole proprietorship/enterprise
Sharing
Cooperative
Private Limited/ Sdn Bhd
Limited


The question is, out of these 5 types of businesses, which one is best for you? Should you start by registering your company as a Sdn Bhd company? Or maybe you should start with an enterprise type company and then when the business shows positive performance, start changing to a Sdn Bhd company.



A good accountant can give you the right advice depending on your needs and the situation of the business you are running. There are various factors that will be taken into account before giving you any advice, including how much capital you have, expertise related to the business you want to run, financial resources that can be obtained and so on.




(2)

Using software can help in managing a business more systematically. There ebay phone number data is a lot of software on the market, some of which function to create payroll systems, leave rotation, internal communication, accounting and so on.

best-accounting-system

To avoid making the wrong decision by investing in an accounting system or software that you don't need, it is best to seek advice from your accountant first.



You can also learn how to use the system from your accountant, rather than buying directly from a vendor, who is definitely more interested in making sales than teaching you how to use the system they are selling.