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Showing posts from June, 2019

Why do you need a VAT compliant Accounting Software?

Running a business is an ardent task. Streamlining of business processes ensures that the business is run in a smooth and efficient manner. An Accounting Software is a must to automate all those time consuming and harder tasks. They will be able to perform their duties in an easier manner. A user-friendly Accounting Software will be capable of offering the required accounting aid to its users. The tedious tasks such as data analysis, managing inventory stocks and goods, generating invoices and sending reminders for due payments and bank reconciliation will become quite challenging with the advent of VAT. Your Accountants will not have any other choices other than pondering over the spreadsheets and fidgeting with it to match your bank records with the business transactions. We ran a campaign on LinkedIn and many users pointed out the disadvantages of using Spreadsheets. Mr Jeevanandham Gandhi pointed out that the spreadsheets are hard to manage and data security as the main drawb