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Showing posts from August, 2018

Accounting Made Easy with EZ Accounting

Accounting made easy for the small business owner will help you be successful. Accounting is called the language of business. EZ ACCOUNTING makes it easy for businesses, small or large to have a great accounting service platform. It has support for multiple businesses and clients, with its smooth and easy to use interface; office accounting process has never been this much easy. Set up an accounting software in your Desktop Building Income Statements and Balance Sheets Making Accounting entries                                                                                                 Tracking Accounting transactions Accounting Made Easy Understand Financial Statements Supports multi companies licensing, allowing running of up to as many companies. Unlimited level of security. No time limit. Allowance of limitless current or historical data files recovery and maintenance. Accounting is about money, right? If you want to identify

How is Artificial Intelligence Changing the Accounting Industry?

Many accounting companies have started introducing Artificial Intelligence to their business consecutively to shrink the number of time accountants are spending on different tasks, eventually removing tiresome and recurring tasks within the business. In order to understand how AI will positively change accounting without machines taking jobs away from humans, understanding how it works is key – Let’s take a deep look into how machine learning will change the accounting industry. 1. Automated Reporting The AI-powered software system has automated the process of report preparation and translating information into an actionable language which will be simply understood by the end user. It will cut back up to 90% of processing time and price of financial report generation. There are some other AI-based startups that facilitate companies extract meaning parameters from the bills and invoices and further, help them within the categorization of monetary documents. 2. Audit

Ways to increase your profit margins

Every organization faces the problem of how to improve the profit margin. Many business owners think you want to boost sales to make more money. But often this is the more complicated path. It’s important to note down, that your profit margin isn’t just something you should compute; it’s a metric that you should constantly develop. Here are some important and easiest ways that help you to increase your profit margins. 1. Find out your gross profit margin A business should glance at its gross margin, before getting to the profit margin, which fundamentally is the amount of money it makes per each item sold. Gross margin is calculated as sales minus cost of goods sold divided by sales. Cost of goods sold refers to the direct costs related to the production of goods sold by the company and generally the largest cost constituent on the income statement. 2. Increase prices You can selectively heave the price of your most well-liked items to most efficiently add to your

Powerful Inventory Software in Singapore Market

Inventory Management software shapes the foundation of your business structure. Bring to an end doing inventory management in Excel sheet. No matter how large or small your business is, accurately tracking your stock and sales will help you run a more well-organized and successful business. Highly occupied shelf space and overloaded inventory are enemies that often result in costly waste. If you’re not tracking inventory, you have no way of knowing for sure what is actually selling and what should and shouldn’t be ordered. Our Inventory Software solutions like EZ Inventory helps retail stores track everything that comes in and out to reduce open inventory costs and get the most out of profits while always ensuring the right number of bits and pieces is on hand. Manage inventory anywhere Login to your Inventory Software from any computer and handle your inventory from anywhere anytime. Built for speed Inventory Software is designed to help you to reduce t