Best Accounting Software in Singapore

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How to apply for GST registration in Singapore

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GST Singapore stands for Goods and Services Tax Singapore, it is an indirect tax imposed on the supply of goods and services in Singapore and import of goods into Singapore. On April 1, 1994, Singapore GST had introduced and as of now, GST Filing rate is fixed at 7%. The Singapore government introduced the concept of GST Registration with a plan to transfer the focus from direct taxes to indirect taxes. Singapore has been successful in keeping GST by having one of the most attractive and flexible tax systems in the world as well as income tax rates low and stable. Remember, GST is imposed on consumption and not on income. It is compulsory for traders whose turnover is more than $1 million, to start GST Quarterly Filing on a regular basis. A company in Singapore must register for GST on a compulsory basis if Taxable turnover for the past 4 quarters is more than $1M and not certain that turnover will not exceed $1M in the next 12 months; or Reasonably expect taxable turnove...
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TRADITIONAL ACCOUNTING VS. CLOUD ACCOUNTING

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Dematerialization of accounting documents and migration of sure accounting operations to cloud-based electronic platforms have overcome the analysis section because the Romanian accounting market already includes various firms that develop and supply cloud computing primarily based accounting applications . The current article seeks to verify the hypothesis claiming that the price saving generated by the utilization of a cloud computing primarily based application is vital enough to represent a relevant criterion once choosing the internet-based accounting answer. The main objective of each accounting is painted by assortment and booking of information and knowledge associated with events with economic impact upon the organization, also because of the management, processing, and revealing of knowledge towards internal and external users. Therefore, the accounting contains a key role in providing the money info utilized in the decision-making method. Informational technologies...
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History of ACCPAC Accounting software

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ACCPAC Accounting software ACCPAC stands for A Complete and Comprehensive Program for Accounting Control.  ACCPAC accounting software  main focus is accounting in an earlier stage. But nowadays this software developed well to do other back end operations. By using the ACCPAC  you can take care of  inventory and project management . You can also able to do a production plan during the manufacturing process. In 2012 ACCPAC,  re-branded as Sage 300 ERP (Enterprise Resource Planning) Lets we will see the history of  ACCPAC Accounting Software  in this article. An Earlier Stage At earlier stages, ACCPAC software begins with easy business systems that do the basic accounting functions such as accounts payable, account receivable, order entry and general ledger. And this software also included the Word Processor and Spreadsheet Program like Microsoft Office products. ACCPAC Plus: The DOS Era In 1985 American firm Computer Associates acquired ...
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