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Accounting software

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sundaymorningstaple
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Postby sundaymorningstaple » Thu, 07 Jun 2012 6:01 pm

Yeah, don't know if they have moved or not, but they used to be over top of the BMW showroom!

New_Global_Trader
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Free Accounting software

Postby New_Global_Trader » Fri, 08 Jun 2012 1:10 am

carpuff wrote:Freshbooks seems to be popular. But is there anything that is free? =)


Hi..

If someone is looking for a free accounting software, then you can try the following link.

http://www.busy.in/index.php?p=fas

This software is good, free (without any need for registering, supports about 10+ companies, no limit on voucher entry, support financial year as per your needs), but please do run some test reports, to check if it suits your annual reports. It has a option to select the country as SG and it supports the SG$ currency too.

Dear Moderators,
If I am violating any rules, kindly forgive me.

Regards
RG

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Re: Free Accounting software

Postby ecureilx » Fri, 08 Jun 2012 9:34 am

New_Global_Trader wrote: ...


The software shows VAT, and not GST !!!

Does it support GST ? from the specs, I guess not ..

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Re: Free Accounting software

Postby Strong Eagle » Fri, 08 Jun 2012 9:51 am

ecureilx wrote:
New_Global_Trader wrote: ...


The software shows VAT, and not GST !!!

Does it support GST ? from the specs, I guess not ..


There's a difference? For a non GST trader (under 1 million in turnover), no GST accounting is necessary. If a shop charges a $1.07 with GST, they keep it all. For over 1 million, GST takings must be submitted with an accounting so every tax invoice must have a corresponding GST account.

At the same time, GST paid for goods and services bought is deductible from total GST owed... so all purchase transactions must also have a GST GL account. This is why I say, "what's the difference" because in most countries VAT payments are handled the same way.

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ecureilx
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Re: Free Accounting software

Postby ecureilx » Fri, 08 Jun 2012 10:51 am

Strong Eagle wrote:At the same time, GST paid for goods and services bought is deductible from total GST owed... so all purchase transactions must also have a GST GL account. This is why I say, "what's the difference" because in most countries VAT payments are handled the same way.


I learn something everyday.

And, here I was, under the impression that unlike GST, you cannot offset VAT !!

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Re: Free Accounting software

Postby New_Global_Trader » Fri, 08 Jun 2012 11:06 am

ecureilx wrote:
New_Global_Trader wrote: ...


The software shows VAT, and not GST !!!

Does it support GST ? from the specs, I guess not ..


Hi.

This software supports GST. When you create a new company, you get option to select GST, give your GST no. and give a default tax rate.

Regards
RG

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ecureilx
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Re: Free Accounting software

Postby ecureilx » Mon, 11 Jun 2012 11:20 am

New_Global_Trader wrote:
ecureilx wrote:
New_Global_Trader wrote: ...


The software shows VAT, and not GST !!!

Does it support GST ? from the specs, I guess not ..


Hi.

This software supports GST. When you create a new company, you get option to select GST, give your GST no. and give a default tax rate.

Regards
RG


I loaded into a VM and seems ok .. and easy to use ..

Now .. what's the catch with a free software ?? :)

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Re: Free Accounting software

Postby New_Global_Trader » Mon, 11 Jun 2012 1:38 pm

Hi.

This company is competing with the one of the most popular accounting software in India called "Tally".

Due to this reason they offer a free version of their software, so that in future, companies will buy the multi-user version of this software.

Please create a dummy company, feed some invoices, purchases, receipts, payments and try to pull some reports.

Your feedback for other users will be much appreciated.

Also, if you use this software, please take regular backup (just to be on a safer side).

Regards
RG
P.S. I am not a vendor /related with this software

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ecureilx
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Re: Free Accounting software

Postby ecureilx » Mon, 11 Jun 2012 1:54 pm

New_Global_Trader wrote:Hi.

This company is competing with the one of the most popular accounting software in India called "Tally".

Due to this reason they offer a free version of their software, so that in future, companies will buy the multi-user version of this software.

Please create a dummy company, feed some invoices, purchases, receipts, payments and try to pull some reports.

Your feedback for other users will be much appreciated.

Also, if you use this software, please take regular backup (just to be on a safer side).

Regards
RG
P.S. I am not a vendor /related with this software


I have had some brushes with Tally ..

Well, thanks, let me explore it ..

Oh, I don't keep backups, my VM backs itself .. LOL

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Postby Synergix » Mon, 11 Jun 2012 5:28 pm

You can try ERP software (which include accounting module) from Spamming Technologies. The company is a leading web based ERP software vendor in Singapore for over 22 years.

The software support GST!

You can have a look here: www.spammingtech.com

This poster's IP address is in Hanoi.

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Postby ecureilx » Mon, 11 Jun 2012 5:38 pm

Synergix wrote: ...


is it FREE ?? :)

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Postby Strong Eagle » Mon, 11 Jun 2012 5:43 pm

Synergix wrote:You can try ERP software (which include accounting module) from Spamming Technologies. The company is a leading web based ERP software vendor in Singapore for over 22 years.

The software support GST!

You can have a look here: www.spammingtech.com


If you are from Singapore, why does your IP address put you smack in the middle of Hanoi?

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Re: Accounting software

Postby AnthonyC » Mon, 16 Jul 2012 5:10 am

ecureilx wrote:
AnthonyC wrote: Looks like MYOB have made a move into Singapore. ...


errr . how about they been here for atleast 10 years or so ?? ;) ;)


Not so. The desktop version yes. But the cloud version has only been available for 2 years via StarHub. Cloud computing has not been around that long.

Anyhow, as of last week Starhub have discontinued MYOB.

They are now bundling a new product called Netiquette. I have never come across this product before. If you Google the name you will find a local service provider, 30 day free trial.


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