Category Archives: Accounting Softwares

7 Reasons Why You Should use Cloud-Based Accounting Software

By | November 26, 2022

Small business owners need to undertake a host of activities within the organization all by themselves. From finding customers and undertaking bookkeeping to marketing their business and accounting, almost everything is undertaken by small business owners. That is why small businesses now understand the need and significance of cloud accounting. Some of the tasks that… Read More »

21 Common Accounting Terms For All Business

By | November 16, 2022

It might be challenging to recall all the terms used in accounting because there are so many of them. But don’t worry, we’ve compiled a list of the 21 most crucial ones for your small business. If you own a small business or work for yourself, your skill is probably in running your company, not… Read More »

Top 10 Inventory Management Software in UAE

By | November 4, 2022

Inventory management software is a program that streamlines the processes needed to efficiently maintain inventory, manage to reorder, and update accounting data. It automates some aspects of inventory and warehouse management. What functions do inventory management programs have? The majority of experts advise using cloud-based inventory management software today. With cloud-based software, you don’t need… Read More »

Corporate Tax Limit and Applicability in Dubai

By | November 7, 2022

Before starting the blog, let’s talk about corporate tax. According to the UAE Ministry of Finance, a federal corporate tax (CT) was implemented on corporate net earnings. The net income or profit of corporations and other organizations from their business is taxed directly as corporate tax. All businesses operating in the UAE must pay UAE… Read More »

Top 10 Features of ERPNext Software

By | November 7, 2022

What is ERPNext Software? ERPNext is a robust, all-inclusive, user-friendly, and also reasonably priced solution. ERPNext is an on-premise and cloud-based system that can be installed on any server or mobile device. It is a central ERP system that helps firms manage all business workflow efficiently and effectively. It supports more than 30 languages. Additionally,… Read More »

Is the Cloud Solution future of Accounting Software?

By | October 14, 2022

What is a Cloud Solution? In cloud-based computing, applications, storage, on-demand services, computer networks, and other resources are accessible via an internet connection via a shared cloud computing architecture shared by another provider. As one of the most dependable and efficient management resources, cloud computing is quickly becoming an essential instrument in the business sector.… Read More »

Tips to prepare small businesses for financing

By | November 11, 2022

What is small business financing? Small businesses financing refers to the methods used by aspiring or established business owners to raise funds to launch a new small business, buy an existing small business, or invest in a small firm that already exists to support ongoing or upcoming business activities. It’s no secret that securing finance… Read More »

5 Differences Between Point of Sale Software and Accounting Software

By | September 14, 2022

Every company must keep track of its revenues and expenses. It is to ensure that the company’s expansion, well-being, and financial stability properly benefit all stakeholders. Accounting software and point-of-sale (POS) systems are two of the most important financial management tools. In a restaurant or retail setting, a POS system keeps track of sales and… Read More »

What is Accounting Software? – Penieltech

By | June 1, 2022

What is Accounting Software? Accounting software is a solution used by business owners, bookkeepers, and accounting professionals. It processes accounting transactions and manages accounts. Business accounting is the process of analyzing, recording, and interpreting financial information and transactions. It is the best way for a business to keep track of its operations. We all know… Read More »

Importance of Accounting and Auditing in your Organization

By | June 1, 2022

In today’s landscape, accounts and auditing are two processes that are vital for every business. On the one hand, accounting helps you to record daily data and reports of the organization. While on the other hand, auditing looks at the accuracy of those reports and data. Accounting deals with different processes financial transactions of a… Read More »

Odoo vs ERPNext – Latest Updates 2023

By | December 22, 2022

Odoo vs ERPNext: To grow and expand in new markets, Enterprise resource planning (ERP) has become an inevitable need for businesses. It has become an integral part of the business expansion strategy. However, it is critical to achieving higher levels of productivity as a business grows. Additionally, for small and medium-sized businesses, ERP application development… Read More »

Why Cheque Printing Software? Elate

By | June 1, 2022

In the traditional method, the cheques were all handwritten which has a higher risk of making an error. Maintaining the details of issued cheques is also a huge task. To make cheque maintenance easy for the organization, we come up with a solution of Cheque Printing software. A cheque printing software is a computer program… Read More »

WHAT IS ERP AND WHY DO YOU NEED THE SAME?

By | June 1, 2022

Enterprise Resource Planning (ERP) is software that organizations exercise to manage day-to-day business activities such as accounting, project management, risk management and supply chain. The manual way of organizing the activities consume more time and leads to the risk of missing or mistake in the data. As the company grows, it is tedious to maintain… Read More »

Accounting Software UAE – 2022 – FTA Approved

By | September 22, 2022

Accounting software plays an important factor in business growth and development. Hence it is very necessary to choose the right accounting software which will make your accounting easy for you and also show you the business trends and analysis. Accounting software should not be restricted to accounting work only, but it should be able to… Read More »