There are many accounting software providers in Malaysia, but the number of top-quality service providers is lower. TopTenReviews has compiled a list of the best accounting software based on the reviews of professionals, automation levels, experience in business management, integration capabilities etc. TopTenReviews strives to offer an unbiased view of the 10 most reliable accounting software programs in Malaysia.
Businesses in Malaysia are increasingly turning towards automation to manage their tasks, even the smallest ones. Today more than ever, you need to know your finances inside out in order to save money, time and effort. With account management software, you know exactly where your hard-earned dollars are going.
Netiquette Software
Netiquette Software is an Asian leading business solution provider with more than 16 years of experience in providing growth stage companies a complete set of business solution to expand within their countries and beyond. We provide one complete single cloud business solution.
Features: Issue Invoices & Receipts, Multi-Currency, Track Expenses, GST Report, Bank Reconciliation, Financial Report, Support, Data Security & Data Back Up, Run Your Software
On-The-Go
Location: Malaysia, Singapore, Hong Kong, Indonesia
Contact Number: 1700 81 8010
Email: enquiry@mynetiquette.com
Website: http://www.mynetiquette.com/
Bukku Accounting
Bukku provides cloud-based accounting software & digital accounting services to small businesses in Malaysia, enabling you to manage your business and deal with your accountants without leaving your desk.
Features: Accounting Reports, Malaysia SST, Multi Currencies, Banking Level Security, Top-Notch Customer Support, Automated Backups
Location: C-23A-01, Dedaun Sungai Besi, Jalan Tuanku 4, Taman Salak Selatan, 57100 Kuala Lumpur, Malaysia
Contact Number: +60 19-215 1510
Email: NA
Website: https://bukku.my/
Zahir Accounting
Zahir Accounting version 1.0 was first created in 1996. Version 2.0 was developed in 1997 and launched in 1999. Since it was released, Zahir Accounting has became the entrepreneurs’ interest, especially for those who need the accounting software to create the financial report easily and quickly.
Features: Connected with backend accounting system, Connected to Barcode scanner, Inventory management, Financial report, Integrated Cashier and Accounting system with POSX
Location: Menara Arina Uniti, Unit 11.09, Level 11, No. 97, Jalan Raja Muda Abdul Aziz, 50300 Kuala Lumpur, Federal Territory of Kuala Lumpur, Malaysia
Contact Number: +603 220 274 09
Email: malaysia@zahiraccounting.com
Website: https://zahiraccounting.com/en-my/
AutoCount
AutoCount can be your saviour in this unprecedented time. This software has gained immensely popularity with 600,000 active users all over Malaysia. AutoCount is especially useful for today’s work environment as many businesses are now working remotely from their home.
With AutoCount, you can easily backup your data, invoices and vouchers securely in the cloud so that it won’t be prey of any natural disasters like flood or fire. Also, the secured access and login would make sure who has the ability to access your company files so that you can entrust your trusted information only to your loyal employees.
Besides that, AutoCount enables you to schedule your recurring payments and create document templates so that you do not have to waste your time in repetitive work. It also has an auto-generating stock adjustment system which can be valuable if you are in an e-commerce business and need to keep your stocks updated to cater your clients.
But of course, hopping on to a new software always demands consideration. So, you can try AutoCount’s free trial to see how the software can come to your use. AutoCount is trusted not only by its vast pool of users but the Government as well.
So, the Government has appointed AutoCount as one of the Technology Solution Providers under its Matching Grant Programme for the first 100,000 Malaysian SMEs to apply. You can use this 50% Matching Grant up to RM 5,000 to scale your business software and maximize your efficiencies.
SQL
SQL Account is a complete suite of GST accredited accounting software that is targeted to Malaysia’s small and medium-sized businesses. It is a cloud-based platform that includes all accounting functionality and functionalities including receivable account, billing, invoices, management of GST Taz and reporting functionality.
SQL is considered as one of the top accounting in Malaysia. It’s quite special as it provides specific accounting template designs. This program makes monitoring all transactions, collections and sales simple for the consumer as it smartly stores all financial records in one place. Inventory documentation is also kept up-to-date with the aid of this program.
Intuit QuickBooks
QuickBooks is another veteran of the online accounting software business. Like other accounting tools, Quickbooks comes with an attractive dashboard that puts key data such as income (split into open, overdue and paid in the last 30 days), expenses and profit and loss in front of you as soon as you log in.
It offers true double-entry accounting with ample reports and strong accounts charts, as well as customisable invoices, inventory capabilities, payroll support, multiple currencies, and over 400 integrations.
Why Intuit QuickBooks is one of the best accounting software in UK
One of the best aspects about QuickBooks is that this online accounting software continues to be updated on a regular basis. One of the most recent updates the software received was the project management feature. The online accounting software also provides users with many features that other traditional locally installed software does not provide. These features include automatic sales receipts, split transactions, scheduled invoices, and location and class categories.
Cons
Quickbooks, which is generally a feature-rich, high-quality software, does have disadvantages as the software’s several customers have flagged that the software still does not compare to its desktop counterpart and can sometimes be complicated and hard to navigate over a period.
Pricing
Quickbooks currently has three versions of accounting software for small business owners and the newly added Self-Employed plan for freelancers and independent contractors, all of which offer a 30-day free trial. The three versions are applicable for medium business owners. The first plan, Simple Start (£5 per month for six months), allows businesses to track income and expenses, track and e-File VAT to HMRC for MTD, send unlimited invoices, chase late payments, snap & store receipts, connect multiple bank accounts, run reports, manage CIS transactions, run payroll (+£1 per employee /month), free UK phone support and one user profile. Essentials (£7 per month for six months) provides all the features of the Simple Start plan and additionally provides two more user profiles, managing bills and payments, multi-currency support and tracking employee time. Plus (£11 per month for six months) enables users to create budgets and purchase orders, manage stock and Track project profitability.
The newly introduced Self-Employed (£3 per month for six months) is the most basic plan which only includes track income and expenses, track deductable mileage, send unlimited invoices, snap & store receipts, and connect multiple bank accounts. Additionally, this plan exclusively has the option of having separate business and personal transactions, estimating income tax payments and completing HMRC self-assessment.
What’s new
The separate Self-Employed plan for freelancers and independent contractors, which although is basic, but has a few exclusive offerings.
Conclusion
Having an accounting software can help you in many ways, especially when your business grows. You should learn how to maintain the accounts for your small business. The best way to streamline your business is through the use of accounting software. The top 10 accounting software you can try are : Quickbooks, MYOB, Wave Accounting Software, GLAccountant, NetSuite Accounting Software, Xero Accounting Software , Samanage Business Process Automation Software , Zoho Invoice & Expense , TurboCASH Accounting Software , Sage 300cloud Accounting Software .