How to set up an online accounting system?
accounting program, a program that accounting companies choose to use to install online accounting systems.
Setting up an accounting system is
Recording and storing accounting and financial information designed to suit that company
Why is it necessary to set up an accounting system?
Whether it’s a small business medium sized business or large business Naturally, there must be an accounting system or an online accounting system for storing accounting information. To show the actual operating results of the company Can be checked Summarize operating results accurately and accurately.
How does setting up an efficient online accounting system benefit the company?
- Reduce redundant work Helps manage work easier than before. Both the party responsible for recording accounts and other parties Each party can view current information conveniently.Business owners or executives can view various items and numbers immediately. to see the action and as an aid in planning or decision making
- Compare data and analyzed more easily and conveniently
- Reduce employee costs Including the problem of employees coming in and out frequently.
- Close the budget faster than before. and more efficient than before
- Classified as prevention of various problems. that may occur, such as large expenses Cash flow problems, surplus accounts, reduce risk when auditing accounts
The accounting systems that each business has in common include:
- Documents for accounting recording
- Various forms such as invoices, payment vouchers
- Basic entry book, such as a specific journal. general journal
- Final entry book or ledger book
- Financial reports such as preparing financial statements, sales reports
- Steps and how to use the form How to record a program Item classification and making report
- Document flow direction (Flowchart)
- Determination of accounting codes and chart of accounts
- Energy-saving tools such as computers, programs, or various software.
Accounting systems are different for each business.
- Objectives for setting up an accounting system, such as
- Manufacturing businesses must present information about production costs.
- Banking business must have information on deposits, loans, and investments.
- Registration of added value in certain types of businesses or in the case of a business with income exceeding 1.8 million baht
- Wholesale businesses that want to plan a cash system and giving credit to customers
- Retail business who want to set up a system for receiving money Nowadays, customers can pay in many ways.
