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 What's the best accounting software in Malaysia?, About accounting software

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minde
post Apr 27 2016, 06:48 PM

dreamt a king, woke up still king
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2,911 posts

Joined: Jun 2005
From: KL



Hi,

I'm planning to run a small online business, focusing on one product with variation of colors.
I notice most of the accounting software sells the inventory module as an add-on, sometimes it could be 50% of accounting software itself.

May I ask if it's recommended to purchase only the accounting software, then perform the inventory management manually (say like excel) ?

I'm currently considering

a) MYOB
b) QnE
c) UBS
d) SQL

Like to do billing, accounting entries, issue PO, cash book at the minimum.. anyone got any suggestion which one i should choose?

thanks!
minde
post Apr 28 2016, 11:25 AM

dreamt a king, woke up still king
*******
Senior Member
2,911 posts

Joined: Jun 2005
From: KL



QUOTE(The Net Surfer @ Apr 28 2016, 09:26 AM)
You need to aware that MYOB is not even rank top 10 in the list, it's famous 10 years ago, but not now. UBS software is going down to the drain since the company was bought over by Sage. Foreigner software doesn't suitable for local business. E.g. You will find a lot of redundant columns like First name, Last Name, Street, Address, Province, SSN. While local software using Name, Address 1, Address 2, Address 3, Postcode. Did you see the difference?

If you were asking who are the top player in the SME accounting software in Malaysia, I'd say Auto Count, SQL Account (Do not confuse SQL Account with SmartSQL), and QNE.
Since it's a startup, I guess your inventory still easy to be managed. I'd suggest you to take accounting module as a startup, manage your inventory in spreadsheet, 4 years later when you can see your inventory flow, then call them for upgrade. Implement an accounting module isn't an easy task, believe me, you won't have the time to key in your inventory. If you don't have the time, better don't key in at all, instead of key in half, otherwise the Cash Book reports will be in the mess in the end.
*
Thanks for the advice, I was thinking of maintaining the inventory separately. I'll look into autocount, sql and one. Which would you say is user friendly?

 

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