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Jessica

SQL Accounting Overview

August 23, 2021 by Jessica

SQL Accounting Logo

Introduction

SQL Accounting software is well known as an accounting tool designed to help businesses run efficiently. It delivers you a blend of powerful business modules.

SQL Accounting software can be used on a wide range of operating systems, going from Microsoft Windows Vista, Windows XP, Windows7, Windows 8, and above which recommended with 64 bits windows.

Feature Highlights of SQL Accounting

SQL accounting software is one for all. It fits every business, every industry, from new startup small businesses, growing SMEs, to large corporate. Let’s learn more about what will you get from this software and how it works.

Restriction Free

Access your account and organize your business anytime, anywhere. This is made possible by the cloud version of the accounting software.

User-Friendly

It is easy to learn and flexible. Users without accounting knowledge will know how to use it too. Just do data-entry and SQL will process for you.

Comprehensive Reports

SQL Accounting generates more than 2500 comprehensive reports including:

  • cash flow,
  • sales report,
  • profit and loss statement,
  • and other advanced analytic reports.

Data Migration

If you are currently using other accounting software, you can easily migrate your existing data to SQL Accounting. Accounting software that are supported by this migration are:

  • UBS Accounting,
  • AutoCount Accounting,
  • Mr. Accounting,
  • QNE Accounting,
  • MYOB, and so on.

Track Your Business

You can track your business performance effortlessly. Track sales, purchases, inventory updates and customize sales commission calculation by costs, profit margin, payment terms and so on.

Safe and Secure

SQL highly concern your data privacy. Business owners can restrict their employee’s access and control to certain documents.

Bulk Email

Bulk email in just one click. Email statements or reminder letters to all your customer individually with password encryptions in just one simple click.

Integrate with WhatsApp

SQL Accounting is the first accounting software integrated with Whatsapp. With this feature, you can easily send any business document such as quotations and invoices to clients via Whatsapp.

Integrate with Various Marketplaces

SQL Account software is integrated with many famous marketplaces such as Lazada, Shopee, Boost, Zalora.

Helpful Support Team

All SQL users are entitled to join the monthly hands-on training for free. There is also support team who is ready to assist you via phone, email, and remote access.

SQL Accounting Key Features

SQL Accounting software includes the fundamental six accounting core modules which are General Ledger, Customer, Supplier, Stock, Sales, and Purchase.

Ledger free icon

General ledger: The general ledger is a bookkeeping system used to keep track of and summarize the transactions of a company. It helps the business owner to look at the bigger picture and clear about where the money goes. The general ledger classifies all transaction information through the accounts. Also, it is the primary source for compiling the company’s trial balance and financial statements.

Testimonials free icon

Customer (Account Receivable): The customer module of SQL Accounting helps manage customer maintenance easily. Besides the speedy invoice key-in system, it supports a customize customer aging formula to calculate accurate credit terms. It also features Advance Credit Control, a feature that lets you set a credit limit and an overdue limit for each supplier.

Supplier free icon

Supplier (Account Payable): The supplier module of SQL Accounting covers the features listed in the customer module. On top of that, the supplier module supports Bank GIRO function for all banks, Its user-friendly feature made maintenance of vendors easier.

Inventory free icon

Stock: The stock module helps users to manage inventory effortlessly. You can do the stock costing calculation and production material planning accurately with SQL Account. The feature also includes organizing your stock by filtering category and generating a barcode for your stock.

Total Sales icon

Sales: One of the most attractive features of the sales module is the profit estimator. So, when you send out the quotation, you have already got the best estimation of profit. You can easily separate the sales price for agents, dealers, and end-users with its multiple pricing system. Sales records can be viewed and grouped easily.

Online shopping free icon

Purchase: The purchase module provides some similar features to the sales module. Apart from that, users able to check the stock balance and purchase price history when creating a purchase order. This may help you to make a more accurate decision before purchasing any particular item.

Testimonials

Watch this video to check out how SQL users from different industries think about SQL Accounting software and why do they recommend it to you.

Discover how SQL Accounting software helped Goodnite International Sdn Bhd, one of the leading bedding solutions in South East Asia to run their business.

Pricing of SQL Accounting

With just a one-time payment, users get a whole-life license. SQL Accounting software offers a variety of pricing plans for users with different needs.

Here’s some good news for SMEs out there! Malaysian government subsidies 50% or up to RM5000 matching grant for SQL products. Contact any dealers of SQL Accounting for more information.

Dealers of SQL Accounting

You can purchase the software from the authorized dealers. Authorized dealers will provide after sales service and support that ensurs you have a good experience using the software.

Download Free Trial of SQL Accounting

You can try the software before you buy it. You can download the trial for free and evaluate the adaptability and suitability of the product.

Filed Under: SQL Accounting

Most Popular Accounting Software For Small Business Malaysia

August 21, 2021 by Jessica

Accounting Software SME Malaysia

Managing your finance has never been easier with today’s accounting software. From small businesses, solopreneurs, and freelancers to large enterprises, accounting software will save you money and time while you focus on other elements of your business. In Malaysia, the competition in accounting software is huge. In order to get the right software to support your business, it’s essential to determine your business’s needs. What type of industry is it for? Do you want to do simple bookkeeping and accounting? How many users will you have? Do you need online-based or desktop-based accounting software? Do you need to prepare SST? Find your answers to some of these questions, and you will find the right accounting software for your business. Here we find out more about the most popular accounting software for small business Malaysia.

OfficeCentral

Office Central Logo

The most popular accounting software for small business Malaysia is OfficeCentral and by right. This accounting software is very simple to set up and user friendly. Besides accounting, companies use OfficeCentral for other modules like Payroll, POS (Point of Sale), CRM (Customer Relationship Management), or Human Resources, and they are all integrated. This means that you can import data from all modules and have access to everything within a click.

OfficeCentral accounting software is one of the best ERP (Enterprise Resource Planning) solutions in Malaysia. This software uses web technology, mobile app technology, and cloud technology, delivering the best ERP solution for your business. All data is saved in the cloud, which means every financial report, invoice, and details are easy to manage. This accounting software is also SST compliant. Other key features include project accounting, multi-location accounting, auto-generated reports, expenses management, revenue management and chart of accounts.

SQL Accounting

SQL Accounting Logo

Built for every type of business, SQL Accounting will make your life easier and your business more successful. This software is award-winning accounting software for 2019 and is named the best and most popular accounting software for small business Malaysia.

SQL is very simple to set up, and it’s user friendly like most accounting software today. What sets this software apart from the others is that it has multiple designs of accounting templates. The user finds it very easy to navigate the history of all data, purchases, sales, reports, and invoices with the software’s smart feature that stores everything in one place.

SQL accounting software also allows the user to send all business data to the clients through WhatsApp feature on the phone. Also, the software calculates a variety of commission and commission rates that are based on stock groups. With SQL, you don’t have to worry about data theft as it has advanced security with double layer access control. Lastly, SQL offers free training each month, and their technical support team is available 24/7 for all inquiries.

Financio

Financio Logo

Financio is one of the most popular accounting software for small business Malaysia. Accounting is not a daunting task for your new employees anymore due to the user-friendly interface this accounting software has. Designed for non-accountants and micro-businesses,  Financio offers e-Invoicing, accounting automation, flexible permissions, live backup, and it is highly secure. One of its best features is accounting automation, meaning the software automatically generates accounting entries and tax records every time a transaction is recorded. Many small business owners claim that with Financio, their company’s cost related to bookkeeping, accounting, and tax was reduced by 50%. The software is also cloud-based, allowing you to connect wherever you are and be up-to-date. We also like Financio because it has a multilingual interface enabling you to choose between English, Chinese, or Bahasa Melayu. 

Biztory

Biztory Logo

Over 7,000 SME’s companies register the use of one of the most popular accounting software for small business in Malaysia, Biztory. Biztory is another cloud-based accounting software that makes invoicing extremely easy, within a click.

This software makes it easier to manage your cash flow by tracking sales and expenses and overdue business accounts. Managing your inventory doesn’t have to be a hassle anymore. With Biztory, you can manage your purchase and expenses reports and understand where the business spends the most money.

The software helps you understand the financial condition your business is in with a simple click. It will generate all critical financial reports such as aging accounts, Profile & Loss, and cash flow. Biztory is GST and SST compliant, which means all taxes will be added accordingly upon your purchase or sales invoice.

Recently, Biztory added a tax estimator, which lets you estimate in advance how much tax you will need to pay. With 30-day free trials and well trained technical support, Biztory will remain on the top 10 list of most popular accounting software for small business Malaysia for many years to come.

QuickBooks

QuickBooks logo

https://quickbooks.intuit.com/ If you are a solopreneur and just starting your own business, you will need a simple solution for your accounting. QuickBooks Simple Start or QuickBooks Essentials are the right choices for you. With QuickBooks accounting software you can send unlimited invoices, make customisable reports, track income and expenses, connect with your bank, manage employees, maximize tax deductions and many more features to simplify your accounting. QuickBooks Simple Start plan allows you to easily configure Chart of Accounts, give access to two more accounting firms, and generate reports on the go to stay up-to-date with your business health. The online cloud accounting software makes it easy to access all data on all your devices. Quickbooks may not be the most popular accounting software for small business Malaysia but it’s certainly worth giving it a try. 

SBS

Software Business Systems Logo

https://sbsweb.com/ SBS (Software Business System) is a flexible accounting software developed for micro and small business in Malaysia. SBS will save you time and help you focus on running a successful business, but with competitive pricing. Users can easily customize SBS to their business practices. This software can integrate with other operations software that you may be using for your business. SBS works with Paperless office to allow the user a more efficient work progress. Another feature that we find very useful is the real-time budgeting. It allows all partners to collaborate on budgeting decisions with impact of the budget clearly visible to everyone.

Sage One

Sage One Logo

https://www.sageone.com/ Sage One has simplified accounting for small businesses not only in Malaysia but worldwide too. This software allows you to send and track personalized invoices and monitor cash flow each month on an insightful dashboard. Sage one helps you on:

  • follow up on payments with the Debtors Manager,
  • updates your inventory and accounting records with every new transaction,
  • connects to your bank with Sage Business Cloud Accounting, and many more.   

You can integrate payroll with your accounting too. The payroll integration is available as free trial for 15 days. This software can be downloaded quickly, offers free 30 days trial, and has excellent technical support.

Which Accounting Software Is The Best For Small Business In Malaysia?

A successful business, small or mid-sized, requires a lot of time, money, and patience. With the right accounting software, you will save time and money. As a result you can then concentrate on other business aspects. All the accounting software we discussed about will help you organize your financial data better. The only way to determine which accounting software is the best for your business is to try them out.

Filed Under: Accounting Software Malaysia

7 Best Accounting Software in Malaysia – 2021 Reviews

August 18, 2021 by Jessica

Looking for accounting software suitable for Malaysia business ? Are you running a small or medium-sized business and finding it hard to keep track of the flow of all your finances? Hiring an accountant is one thing but, to save time using accounting software that is efficient and effective and best suited to your firm and the legal policies of the country of operations is more beneficial. It helps boost the financial growth of your business while enabling a good check-and-balance of the books, expenditure, sales, etc. 

Moreover, with the advancement of technology, the software is becoming more and more efficient every passing day. Therefore, to be ahead of your competitors, you need to be up-to-date with all the advancements. An accounting software helps you in bookkeeping, managing your invoices, keeping a track of all your financial reports. Most of them help keep track of SST within your cash flows. Moreover, they help keep your data safe, traceable, and easily accessible whenever needed.  

Now that you understand how crucial opting for an accounting software is for the success and rapid growth of your business. Not only that, it helps in keeping your business financially safe by abiding by all policies and keeping all the records and books.   

You might be wondering where do I find a suitable accounting software for my business? Well, there are numerous options to choose from. We have come up with a list of the 7 best accounting software in Malaysia that will save you time. 

SQL Accounting

SQL Accounting Logo

SQL Accounting is one of the most unique accounting software in Malaysia. It features an option of keeping all your financial records from sales, transactions, etc. efficiently in one place and it also incorporates various design templates for accounting. It has an effective way of documenting all inventories and updating them efficiently with time. You can choose either to use the software based version or use the latest cloud based version.

MYOB

MYOB logo

Next on our list is MYOB. This software helps ease in getting tax returns and it saves tax time. It is easy to set up and has an easy-to-navigate interface between sales, accounting, contacts, etc. This software is easy to use, and it comes with an efficient app as well that helps you never miss any due dates. It keeps you on track with fast GST-based calculations without you having to hustle here and there much. 

AutoCount

Autocount logo

Autocount helps you in better storage and rids you of keeping paper accounts and hard copies of transactions, etc. It has an integrated cloud system that helps you update your accounts in real-time and saves your time and provide better security. By security, we mean that you would not have to face problems of data loss. Moreover, it comes with a multi-level access option to distribute the workload if needed. In addition, the option of backup and restore secures your accounts like other accounting software as well.  

QnE

QNE logo

This software is fairly easy to use and offers a systematic execution process when it comes to resources management: inventory management. It is cloud-based and thus allows users to use it and upload all documents in real-time. QNE has some effective features like date-sensitive report performance, user audit trail availability, forecast statistics, cash-flow status, and break-even knowledge that make it a good choice. The integrated inventory software in QNE helps save time and manage all inventory-related documents easily including staff and invoice information.

Million

Million logo

Million is one of that accounting software that has a user-friendly interface and is compatible with Microsoft Excel. That helps in managing reports that are mostly handled in MS Excel format. It is less feasible and adaptable when the business expands and becomes more complex. But, it can handle multiple currency inputs thus helping those dealing with multiple currencies. It also has a function of handling multiple business accounts. 

Intuit Quickbooks

Intuit Quickbooks logo

The main pro of Intuit Quickbooks is invoice management. It has an amazing invoice management system. Now, you can easily generate invoices and quotes with Intuit Quickbooks. It helps track your receivables in no time. Moreover, helping you track GST within purchase orders, all your expenditures, and invoices since it can easily generate GST-03 form. It allows the electronic transfer of receipts easily. Saves you time by allowing a generation of a recurring invoice as well.

Sage UBS

Sage UBS logo

Sage UBS is simple to use and setup without the need for continuous technical support. You can easily set up the account receivables, payables, and general ledger quickly since it has an effective user interface. It can connect the payroll system with all your financial data quite efficiently. It comes with a Wizard System that results in faster and easier installation. Sage UBS is readily available and can be downloaded easily.  

Conclusion

And this concludes our list of the best accounting software in Malaysia. Several factors come into play while choosing which accounting software to use. For instance, you need to know how big is your business and its prior growth period. Secondly, you need to be aware of all the necessary legal regulations related to finances. Are they supported by the chosen software? Moreover, you must know what are your aims and goals for your business and how much can you pay for the accounting software. 

Furthermore, you need to know your business requirements. Do you require Point of Sales (POS) system ? You need to be in-line with your requirements and with your budget as well. Would you be willing to pay a one-time for a license or buy a subscription every month? These are essential questions that need to be first answered by you before you make any purchases. 

By now, you must be clear about what an accounting software does and why it is a must-have, and what are the various options among the best in Malaysia to select from. So, before taking a step, write down the answers to all the necessary questions discussed earlier. And, then go through the list again and then decide. Hopefully, this article will prove to be a great help in persuading you to make the right choice for your time and money.   

Filed Under: Accounting Software Malaysia

F&B POS System in Malaysia: 2021 Guide

August 18, 2021 by Jessica

Starting a F&B business soon ? You will need a F&B POS system tailored for Malaysia market. There are many POS systems available in Malaysia but it’s worth to look at those that specifically catered for F&B. It is not mandatory by any mean but having one will solve many of the problems you might face. It’s 2021 and automated technology is definitely the way to go forward.

F&B Industry in Malaysia

With an annual growth rate of approximately 11%, the Malaysian Food and Beverage Business has proved to continuously rise across the country. Aside from the local market, international restaurants and fast-food chains are dominating Malaysian cuisine, for example Starbucks and McDonald’s. Despite numerous food businesses, small to medium size F&B business enterprises are still thriving in their spots within the competitive market.

However, F&B is not limited to the distribution of processed goods. It also covers the processing, manufacturing, packaging, and transporting of both raw materials and finished products. With this, complications with regards to accounting and financial angles are evident, especially with the manual and least efficient parts of the accounting process. But through Point of Sales (POS) Systems, running an F&B enterprise will be more manageable. There are many good POS systems catered for the F&B industry in Malaysia that you can choose from.

What is POS for F&B ?

POS Systems for F&B can perform several tasks, including sales, food and beverage preparation, inventory, reports and etc. Although different F&B POS system differs in specialized functionalities, most of them offer these basic operations to lessen the workload and provide ease for business owners and employees.

Unlike the traditional cash register which handles only payment, F&B POS system is more than that. F&B POS system handles the following processes:

  • Customer order placement
  • Order relayed to kitchen management system
  • Depending on restaurant, the order may be paid first or paid later
  • Table assignment to the customer
  • Completion of transaction which includes payment by the customer
  • Calculation of inventory, payment, taxes
  • Printing of payment receipt for the customer
  • Automated updates to accounting and other integrated systems
  • Sales reports generation

POS system saves time and reduces human error. It provides convenience to the users, including the customers, operation staffs and business management.

Features of a Good F&B POS System in Malaysia

As a guide in choosing an F&B POS System in Malaysia for your business, it is vital for you to know your business operations and processes clearly. For instance, do you need a POS system that supports language other than English depending on your staffs language proficiency. The following are some of the most significant features of POS Systems in the Malaysian F&B sector:

Cashier

Being one of the most basic features of any POS system, it is clearly one of the most important options for any business. Through the automated interface of the POS system, it assists cashier personnel to prevent giving wrong orders, receipts, and payments.

Order Management

This feature allows cashiers or waiters to give the right orders in sequence to the kitchen. Besides reducing human error, it provides an organized and faster method in giving customer’s order. Additionally, it prevents messy loads of papers and lessens the confusion of the chef due to non-readable handwriting. In some instances where online ordering is allowed, some POS system allows performing this as well through a single application.

Inventory Management

Although it sounds to be an easy task, for busy restaurants, doing inventory is overwhelming, especially during occupied and engaging hours. Not to mention that F&B enterprises comprise a massive amount of perishable and non-perishable supplies, this is where inventories became a handful. However, through the automated arrangement of POS systems, inventory management is easier to handle despite hectic schedules.

Employee Management

This is an excellent feature for any F&B enterprise. It allows business owners or managers to track the employee’s tasks, attendance, and tardiness. It supports in keeping track of the employee’s shifts and day-offs as wells for easier staff management. In some POS systems, it also includes the employee’s payroll and bonuses.

Table Management

Being in an F&B enterprise requires good table management to lessen the workload of waiters and cashiers. Some POS Systems allow owners to digitalize the restaurant’s table setting. With this, employees can easily manage reservations, waitlists, and available tables providing better and excellent customer service.

Payment Option

A diverse payment choices not only benefits the customers but the employees and the F&B enterprise as well. Aside from the flexibility it provides, customers will have higher satisfaction with the services due to faster transactions. Besides, several POS systems ensure the safety of sensitive card information, ensuring good security to avoid theft.

Cloud Based System

While cloud-based software requires a reliable internet source, it is considered the most convenient and practical choice for every F&B enterprise. Through the cloud, you can access business information anytime, anytime providing there is an internet connection. Aside from that, it delivers an updated, automated, and centralized database, which is handy for multiple business owners.

Best F&B POS System for Malaysia Businesses

Armed with the important features described above in mind, there are a few POS systems you can choose from. Choosing the right POS system for your business can be a daunting task at first. From our research, below are some of the POS systems that are popular in the Malaysia F&B industry:

Slurp

It is described to be an all-around cloud POS system for any Malaysian F&B enterprise. Its unique feature is analytics wherein it can acquire data across the market and can interpret buying trends and the demand of the market and potential clients. Also, it has discount and promotion management, which is easily customizable with preferred conditions and milestones.

RedTech

Being certified by Katsam Malaysia and bagging multiple awards. RedTech by Redzone Solution is a credible and one of the best POS systems for F&B enterprises. It provides an excellent automated accounting operation. Other features of RedTech include inventory control, kitchen display, mobile reports, cashless payments, QR code self-order, etc. With these multiple features, it is appropriate for any kind of F&B business, particularly café, bistro, fine-dining restaurants, even cafeterias.

Genius POS

This is an iPad POS System created for restaurants. Through providing a stable yet user-friendly software interface, Genius POS is continuously used and loved by clients in Malaysia. Besides, it supports important and efficient features, including employee and inventory management, and real-time reporting. Most importantly, it is an affordable choice despite being a reliable and commendable iPad POS system.

Seito POS Solution

Seito POS Solution is a wireless operating software, which specializes to cater the food business industry. Its one of most unique features includes the membership management system perfect for F&B enterprises with membership deals and offers. It offers free upgrade services, which is a good indication of low-cost services providing excellent service. Moreover, it supports bilingual operations suitable for international markets.

Filed Under: POS System Malaysia

Point of Sales System (POS) in Malaysia

August 14, 2021 by Jessica

Starting up a business that accepts payments directly from customers for example cafes, grocery and the likes ? You will need a POS system that fulfills business operations in Malaysia.

What is POS System?

Point of Sales System, commonly known as POS System, is a digital network that handles the transaction between the customer and the cashier. Primarily from the barcode scanners to the payment terminals. It functions similarly to a traditional cashier that manages inventory and product stocks, printing receipts, and payment handling from cash to e-billings, such as credit cards and debit cards.  

POS System allows businesses to do almost everything a traditional cashier does, but more efficient and convenient. It supports several checkout terminals, which pertain to the consumers. These are linked to the main computer, which the business personnel controls. 

Types of POS System

Similar to the variety of businesses in Malaysia, POS System also targets different business domains. To exemplify, grocery businesses need to use a POS System designed for grocery stores to meet the market needs in terms of inventory, sales, etc. The same goes for restaurants, bakeries, pharmacies, etc. 

Aside from that, there are two types of POS systems, mainly Cloud POS System and Windows Based or Server Based POS System. Despite offering nearly identical operations, the main difference that distinguishes them from one another is the accessibility and internet dependence. 

Cloud POS System

The cloud POS system requires a reliable internet source to function smoothly. It is accessible through several devices, including mobile phones.

Server-based POS System

In contrast, the server-based POS system works even without internet connectivity. Still, security and back-ups need to be handled manually. For some, it requires IT for maintenance. 

Why Your Business Needs POS System ?

Despite the differences and specificity of POS Systems, the functions, and operations of how these business innovation works are understandable, even for people with technological difficulties. 

How does POS System work?

The basic form of POS System is the cash register. It comes with a built-in receipt printer, manual price encoder, barcode scanner, and a cash compartment. POS System works similarly to a cash register, but with enhanced and added functions. POS System can do inventories and computation in contrast with a cash register, which needs a person to manually operate.

How does POS system work

For online stores, the consumer chooses the products, adds them to the cart, computes the total cost of the items, and pays. The system automatically processes the order in the inventory and business cashflow. It clearly lessens workload and human error through its automated system.

Benefits of POS System

Increased Productivity

Since POS System offers automated software, inventories, price changes, deliveries, and sales reports are easily managed throughout the database. It reduces manual and the least productive tasks of employees to save more time and perform other activities. As per the consumers, they can easily view the details about a product through the system. For some, sellers can immediately provide the information the consumers need through browsing the POS System. 

Accuracy

Updates, and reports are automatically programmed throughout the database. With this, human errors are significantly reduced made from the manual input of information. It is helpful to prevent customer confusion with the prices and stocks of products. Most importantly, business cashflow is automatically generated, providing ease for the employees and reduced mistakes. 

Employee Management

Since POS System provides excellent accessibility, employees are granted access to their sales performance and further objectives to be accomplished. It provides awareness for the employees and supervision for the business owner. It protects businesses from employee thefts and traces their works individually.

Centralized Data

POS System ensures that the information provided for the consumers, employees, and business owners are similar. Not only this lessens technical and accounting errors, but it also provides accuracy and ease for easier communication and sales reports.

More Payment Options

Aside from cash, POS System enables contactless payments such as credit cards and mobile payments like Samsung Pay, providing a wide payment option for the consumers. Since the introduction of cashless systems in Malaysia and in most countries, it promotes smoother transactions. It lessens the trouble of customers in cash withdrawals. 

Reward Systems

Point reward systems and gift certificates are easier to handle through POS systems due to their digital software and innovative interface. It allows the consumer to view their points and another available promo. Aside from that, reward systems are also applicable for employees. Bonuses can be acquired through achieving milestones the business-owner will set. 

What to Consider in Choosing a POS System?

With the various types and specific functions of different POS System, choosing the right system for an enterprise is an overwhelming decision to perform, especially for start-up entrepreneurs. The following are some of the things to be considered to choose an appropriate software that meets the needs of a business.

Type of System

Despite the advantage of Cloud POS System, choosing which type of POS System falls to be a case to case basis. It is perfect for entrepreneurs who need access to the business database anytime, anywhere, or simplified as business-on-the-go. It requires reliable internet connectivity to function efficiently with its centralized database, security and backups, and sales and stock updates. 

Server-Based POS System is suitable for action-oriented and direct entrepreneurs since the database is not accessible to several devices. Moreover, it does not require good internet connectivity to function. It works offline, but backups are performed manually. Also, some of these software needs a specialist like an IT to maintain and protect the software. 

Features

Different POS System offers various specialized operations. It is essential to evaluate the needs of the company before purchasing software. If you are running F&B business, we have another article talking more deeply about POS system for F&B establishments.

For instance, StoreHub offers great functionality in terms of employee management and loyalty programs. If a company comprises of many employees, StoreHub might be an appropriate choice. 

Best POS Systems in Malaysia

The following are some of the most popular and most reliable POS System in Malaysia.

IRS Software

IRS Software belongs to the most popular and most reliable POS System in Malaysia. Since 2002, it continuously improves and offers different POS systems for different kinds of businesses. With its versatility, it gathered multiple awards, and it is credible to use. It is an all-around POS Software and targets almost every need. IRS Software provides frequent software updates and is one of the most advanced POS systems even in the international market.

StoreHub

StoreHub is a competitive POS System globally, but not yet well known in Asian countries like Malaysia. It offers a variety of remote access, such as attendance monitoring for employee management. It has an easy-to-use interface, and it is available in many languages. Despite providing great and flexible services, it only works during specific hours daily. 

POS Market

POS Market is comprehensive for businesses as it covers several business functions, particularly inventory management, cash transactions, receipts, employee management, etc. It is a cloud POS system suitable for different establishments like food stores and specialty stores.

Xilnex

It is a Cloud POS System, which offers commendable remote features, particularly the basic operations such as employee management and even reports automation and creating promotional materials. Additionally, one of the best features Xilnex offers is its collaboration with Shopify, which makes it an excellent e-commerce system. However, you will need to familiarize with the system’s interface which is slightly more complicated. 

Genius POS System

This POS System is an iPad compatible cloud POS System suitable for restaurant and food establishments. Easy-to-use interface and low-cost maintenance is it’s main strength. It is one of the leading iPad POS System in Malaysia. It works best with employee and table management, as well as an updated and centralized menu. 

Conclusion

In choosing a POS system, it is crucial for an entrepreneur to comprehensively assess the business to determine its strength and weaknesses. A well informed decision will ensure the business goes a long way.

Filed Under: POS System Malaysia

SQL POS System: All You Need to Know

August 12, 2021 by Jessica

SQL POS System is developed by the same company who developed SQL Accounting. There are various POS systems available, some are even free. Those systems are usually developed by companies in foreign country. Using a POS system localized to your country brings important benefits. These benefits include better compatibility in terms of language, currencies and taxation.

SQL POS System

SQL POS system is used by wide range of businesses, from small, medium up to large size companies. SQL POS is also suitable for every possible industries, such as hardware, pharmacies, food, and beverage (f&b) businesses, grocery stores, and many more.

Why SQL POS System?

SQL POS is not considered to be one of the top and most subscribed software for nothing. SQL POS has all the features you can expect from a decent Point of Sale system. Its 600,000 users are concrete proof of the dependability of SQL POS within local and international business ventures. The following are some of the reasons why business owners should consider SQL POS system:

Supports a Variety of Business Enterprises

Different industries, such as salons, restaurants, hotels, and grocery stores, may require a slightly different type of features set. For instance, a restaurant requires to have a table management operation to maximize the use of the POS system. In contrast, a grocery store does not need any table management setting. This could be an issue for some POS systems, but the good news is that SQL POS supports wide range of industries. If you own multiple businesses of different types, it is not necessary to have a different POS system for each business since SQL POS covers a variety of businesses.

System Integration

Server-based and cloud-based POS system have their own advantages and disadvantages, it’s a good thing SQL POS supports both. Although many business owners prefer a cloud-based system nowadays due to its practicality and automated operations, not all business establishments have access to a reliable internet connection. With this, a server-based system is more appropriate to use. Not to mention that the SQL POS system can be integrated into the SQL cloud accounting as well.

Supports Multiple Languages

Despite being created to meet Malaysia’s business enterprises, SQL POS allows the use of multiple languages. Malaysian market comprises of various cultures and races, SQL POS understands its consumers and potential clients, making it a competitive POS system internationally. In addition, this is a benefit for enterprises with international clients since language will not be a hindrance to provide an excellent service.

Besides the three major points described above, SQL POS also provides high-quality software features suitable for multi-national entrepreneurs. The following belong to the unique features of SQL POS system, which makes it one of the leading software in Malaysia besides other common functionalities of a POS system.

Multi-currency

Besides local shops, luxury brands and international enterprises may transact with different currency, especially for e-billings and online banking. Fortunately, SQL POS system supports multi-currency to provide ease and comfort for both the entrepreneurs and the consumers.  

Seamless Integration of SQL Account

This pertains to the synchronization of data and the utilization of a centralized SQL POS system, providing a piece of updated information about stocks, prices, sales, etc., within the network. Despite supporting multiple warehouses and branches, it provides a simplified function, which is easily understandable by every user.

Multiple Payment Methods

Aside from cash payments, it is vital for business establishments to support multiple payment methods as the utilization of e-payments and mobile banking constantly increases. Not only are cashless payments becoming more practical and convenient, but it provides faster transactions for money currency change and easier payment between the business and consumer. With this, the SQL POS system comes in handy.

Fast, Responsive, & Easy to Use

Despite the SQL POS system’s complex functions and commendable features, it has a user-friendly interface to help the users avoid technical issues. This is an asset for SQL since users do not need to have a deep understanding with regards to the software for them to use it. Moreover, for potential clients who think that a user-friendly interface reflects the credibility of the software, this is not how it works.  

Reliable Support

SQL offers an excellent customer support system in cases of occurrence of technical issues, software malfunction, and even for clients who are having a hard time understanding the mechanism of the software. Customer support includes responsive phone calls, online support, and video tutorials are also available for those who needed them.

An Overview of the SQL POS System

To give an idea on how SQL POS works, video below shall demonstrates it. The video covers from its mechanism to the operations and customizable features of the software. The step-by-step tutorial suitable for beginner shows:

  • the process when the customer buys products,
  • putting discounts by percentage and amount,
  • payment methods through cash and cashless methods.

The tutorial is suitable for:

  • hardware stores,
  • grocery stores,
  • supermarket types of business enterprises,
  • food and beverage (f&b),
  • salon,
  • and other types of businesses.

Another video below is showing how business owners or employees can categorize the products being sold. It also shows how to insert a picture for easier and better organization.

In addition, SQL POS support team also created a video tutorial with regards to setting up the hardware for POS system. The following are the video tutorials in setting up a barcode printer, pole set-up, and receipt printer:

Since choosing a POS system for your business enterprise is a crucial thing to decide on, proper research and reading is an important task to avoid misleading information and overhyped advertisements.

Filed Under: POS System Malaysia

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