Explore the latest updates, insights, and news from AutoCount on our blog. Stay informed with industry trends and best practices.
Introduction The introduction of e-invoicing in Malaysia is a major milestone that promises to streamline financial transactions, enhance tax compliance, and improve overall business efficiency. As a result, as businesses gear up to comply with this new requirement, finding the right e-invoice solution becomes crucial. AutoCount stands out as the best e-invoice solution in Malaysia,… Continue reading Why AutoCount is the Best E-Invoice Solution In Malaysia?
Introduction to autocount import data In today’s fast-moving business landscape, managing data efficiently is critical. AutoCount simplifies data importation, allowing businesses to manage their accounting seamlessly and remain compliant with new standards like e-invoicing. This comprehensive guide covers the various methods to import data into AutoCount, explaining the tools, benefits, and solutions for common challenges.… Continue reading AutoCount Import Data
Introduction In today’s fast-paced business world, efficiency and compliance are crucial, especially for Malaysian businesses submitting e-invoices to LHDN. Integrating SAP Software and ERP Software with AutoCount software simplifies this process by automating e-invoice generation, validation, and submission, ensuring compliance while saving time and resources. SAP Software and ERP Software’s enterprise management capabilities, combined with… Continue reading Why AutoCount is the Best Middleware Software Solution for E-Invoicing in Malaysia?
Effective financial management is essential for the success and growth of any small business. By following best practices, you can keep your business financially healthy and ready future challenges. In this post, wel’ll discuss key financial management strategies and how various Autocount products, such as AutoCount Accounting, cloud accounting ,mobile apps, and e-commerce solutions, can… Continue reading Best Practices for Small Businesses Financial Management
Payment received on behalf is a fundamental aspect of financial transactions, involving the collection of funds for another party. This process, common in various business contexts, ensures smooth transactions and efficient fund transfers. Let’s explore how AutoCount accounting software handles such scenarios. Handling Payment Received on Behalf in AutoCount Accounting Software (Chinese Version) Example Scenario:… Continue reading Handling Payment Received on Behalf in AutoCount Accounting Software
Autocount Accounting Software offers support for five distinct costing methods each tailored to different business needs and industries” 1. Fixed Cost method (Predefined Cost): Description: The choice of costing method depends on various factors such as industry type, inventory characteristics, market conditions, and regulatory requirements. Businesses should evaluate each method’s advantages and limitations to determine… Continue reading AutoCount Costing Method
Managing payroll can be a complex and time-consuming task for businesses of all sizes. Fortunately, there are several payroll software solutions available in Malaysia that can help streamline this process and ensure accuracy and compliance with local regulations. In this article, we’ll explore the eight best payroll software options in Malaysia, starting with AutoCount Cloud… Continue reading Top 8 Payroll Software Solutions in Malaysia
What is a Tax Identification Number (TIN) in Malaysia? A Tax Identification Number (TIN) is a unique alphanumeric identifier issued by the Inland Revenue Board of Malaysia (LHDN) to all registered taxpayers. It is the primary reference number LHDN uses to track your tax filings and obligations. For Individuals/Sole Proprietors: Your TIN is typically your NRIC number.… Continue reading Malaysia’s Tax Identification Number (TIN): The Essential Guide for e-Invoicing
Ensuring the accurate and timely submission of Potongan Cukai Bulanan (PCB) in Malaysia is not only a regulatory requirement but also a crucial aspect of effective payroll management. In today’s digital age, utilizing advanced payroll software like AutoCount Cloud Payroll can significantly streamline the PCB submission process, offering numerous benefits for employers. PCB, or Potongan… Continue reading Utilizing AutoCount Cloud Payroll for Online PCB Submission
In Malaysia, businesses are changing a lot. It’s important for them to know what’s new to stay ahead and grow. From using new technology to how people buy things, understanding these changes is really important for businesses to do well. In this article, we’ll talk about some of the new things happening in Malaysia’s businesses,… Continue reading Latest business trends in Malaysia 2024
Electronic invoicing (e-invoicing) has become super helpful for businesses wanting to make invoicing easier and faster in Malaysia. Many businesses are checking out different ways to handle their invoicing, like using a direct portal called MyInvois. But, there’s another way called API integration, which can be even better. Let’s see why businesses should think about… Continue reading Why Use API Integration for E-Invoicing Instead of MyInvois Portal?
Quick Summary As businesses worldwide transition to digital solutions, understanding the difference between traditional invoices and e-invoices becomes critical—especially for businesses in Malaysia. Malaysia’s approach to e-invoicing is distinct, as it integrates directly with the Inland Revenue Board of Malaysia (LHDN/IRBM) for tax verification. This contrasts with Singapore’s system which initially focused on business efficiency rather than… Continue reading What is the difference between invoice and e-invoice in Malaysia?
Best Accounting Software for Manufacturing In the world of manufacturing, having the right accounting software is crucial. It acts as a central tool, managing financial aspects like inventory, payroll, and accounts payable. This article explores the key features and benefits of manufacturing accounting software and highlights some top choices. Top 10 Features to Look for… Continue reading 14 Important Features Why AutoCount Is the Best Accounting Software for Manufacturing.
Trends in Malaysia’s Pharmaceutical Industry 1. Shift from Wholesale to Retail and Online Business: The significant transformation from wholesale distribution to a focus on retail and online business models is a crucial trend reshaping the industry. This shift not only alters supply chain dynamics but also necessitates the adoptation of new inventory management practices to… Continue reading How does a Pharmacy Stock Inventory System work?
What is Inventory Management System? An Inventory Management System is a technological solution crucial for businesses seeking efficient control and oversight of their inventory processes, spanning from procurement through production to final sales. This system serves to enhance various facets of inventory management, encompassing control, replenishment, forecasting, order processing, warehouse management, and quality control. Key… Continue reading Inventory Management System For Business
Today, businesses want to make things faster and better. One big change is how we track who’s at work. Before, we used paper and pens, which was slow and often wrong. But now, we have something new called biometrics, which has made attendance tracking much better. Understanding Biometric Devices Face Biometric Devices Face machines use… Continue reading Choosing Between Fingerprint and Face Attendance Devices
Starting March 1, 2024, Malaysia’s Sales and Service Tax (SST) will increase from 6% to 8%. This means more money going to the government when you buy things. This change affects many areas, including software and services. One popular software affected is AutoCount, which many businesses use for accounting. SL Software Solutions SDN BHD, a… Continue reading Malaysia’s SST Rate to Increase 8% on March 1, 2024
When it comes to managing your business finances with AutoCount accounting software, the choice between “modules” and “plugins” might seem like a complex decision. Fear not, as we break down the differences in simple terms to help you make informed choices for your business toolbox. AutoCount Modules: Ready-to-Use Essentials AutoCount modules are like pre-installed power… Continue reading What’s The Difference Between AutoCount module & AutoCount Plugin?
Setting up e-invoicing for your business is a smart move that can make managing invoices easier and more efficient. E-invoicing, or electronic invoicing, is a way of sending and receiving invoices digitally instead of using paper. It helps businesses save time, reduce errors, and stay organized. In this guide, we’ll walk through the simple steps… Continue reading 8 Steps to Set up e-invoicing in a business
As we near the end of a productive year, we’re excited to share news about 7 fantastic upgrades to our Cloud Payroll mobile app. These enhancements are crafted to make your experience even better—saving you time, streamlining processes, and providing a more user-friendly interface. Get ready for a more efficient and enjoyable payroll journey! What’s… Continue reading What is a new enhancement in the cloud payroll app?
