VAT Compliance:

The first thing to check that, the application must be approved by the NBR authority otherwise you will be unable to submit VAT Returns. (http://nbr.gov.bd/nbr-enlisted/eng). If you found it on the list then it would be better to take a look at the demo of the application. Cause you might find some other applications as easy to use. Here Subra VAT could be a great choice of yours.

Real-Time Reporting:

The software must make your life easier. So while choosing a VAT application, you must look for that application can able to Generate a report and submit it in real-time which will reduce the possibility of missing the deadline of submission. Here applications like Subra VAT can help you to do this.

After Sales Support, Training and Services:

Many Organizations may offer you FAQ, Guideline Book, Email Communication, and Chat for support, but this support is not enough for the non-tech savvy person. So sometimes it is needed to be in person and train the user for the better use of the application, and phone call support may help some times.

Here Subra Systems limited is offering Training to the user and customer service for help which will help them to speak with a live person and get their solutions, and it will help them not to get frustrated.

Security and Administration:

Administration and security must be the top priority of one organization. So when choosing a
VAT application what kind of security is maintain must need to know. Also, user access
restriction is important, so the systems should have an easy user access control system.

Application Maintenance:

Choosing a VAT application that is having all core activities like company setting, customer profile setting, Product, suppliers settings, Updated HS codes, and VAT Compliance, and auto-generate VAT and SD report under the act of VAT and SD act 2012. In here, sometimes VAT policies may change, and sometimes internal information, not core needed to changes like some extra report. So what would be the provider company is offering that need to ensure.

In Previous VAT Act. 1991. One must submit all the paper copies of VAT returns which was a big hassle for everyone. But after the act 2012 now company can submit their VAT return through online with different forms. The new system is much easier with the NBR Approved VAT application.

So nowadays VAT management application is a very important and integral part of the origination. So company must be keen while choosing a proper VAT application.

The post THINGS TO CONSIDER BEFORE CHOOSING A VAT APPLICATION first appeared on Subra Systems Ltd..

Accounting is a crucial part of any commercial business; therefore, every business requires an accountant or simple accounting software to manage their business effectively. Software development companies have introduced simple accounting software with GST ready feature to help businesses in completing their tax obligations successfully. It completes most of the bookkeeping process of the business, generates reports, and manages GST calculations.

Simple accounting software is important for tracking the success of your business. It allows users to store all the information that gives a clear picture of the business’s financial health. The software can easily manage bookkeeping and allows monitoring costs and revenues to maximize profit margins.

Desktop-based accounting software is installed on computers that perform basic accounting tasks easily. It is suitable for small-sized businesses. It can effectively manage and monitor your business.

Thinks to consider when Purchasing Accounting Software:
User Friendly:
Software development companies Like Subra Systems Limited develop software keeping in mind the common user, therefore, people with no accounting knowledge can maintain proper bookkeeping with user-friendly accounting software. It performs accounting tasks quickly that saves time and money. It also allows efficient management of information and finance
easily.

Generate Reports:
Accounting software allows generating reports that show the overall financial status of the company. It provides audit trail reports and sends them in Excel format.

Improve Financial Performance:
Accounting software gives insights into the overall financial performance of the business. It handles all financial aspects of your company and keeps a record of business transactions. It manages general ledger, accounts receivable, and accounts payable. Moreover, it allows tracking cash flow, revenue, and expenses.

GST Ready Feature:
It is very difficult to calculate GST manually for businesses. Accounting software like Subra Accounting greatly helps businesses in performing accounting tasks. GST ready feature of simple accounting software gives accurate calculations of GST. It helps in GST reconciliation and tracking with just a click. It updates a knowledge database on GST.

Accuracy and Speed:
One of the greatest benefits of accounting software is a higher degree of accuracy and speed. It provides real-time data that helps in streamlining business transactions. Make sure the software you choose suits your business needs and size. It allows you to keep track of your business performance. Good accounting software improves cash flow. Lots of companies are providing software solutions all over the world. Subra Accounting Solution would be a great help here. It is also important to choose a reliable company. You can get recommendations from friends
or relatives that are using software solutions and have positive remarks about its quality and features.

Businesses who are interested to take software but thinking about one-time investment would be a great problem, for them, we have also arranged an accounting outsourcing solution where one company can get our support to generate all types of accounting reports by going with us in the SAAS model.
We provide software solutions for small-sized businesses in Bangladesh and other countries. If you want to get quality software solutions for your business, contact us today.

Interested:
Please feel free to contact us

The post WHY ACCOUNTING SOFTWARE IS IMPORTANT FOR YOUR BUSINESS? first appeared on Subra Systems Ltd..