The Top 5 Myths About BIR CAS-Ready Cloud Accounting Software: Debunked
By Johnny Kawa Introduction In recent years, cloud accounting software has gained…
Traditional accounting refers to the use of more traditional methods to perform accounting tasks and manage financial records. This typically involves the use of paper-based record-keeping and manual calculations.
In traditional accounting, financial records are often kept in physical ledgers or spreadsheets. Transactions are recorded manually, and calculations are performed using pencil and paper or a calculator. Financial statements, such as balance sheets and income statements, are also prepared manually using this information.
Traditional accounting can be time-consuming and prone to errors, as it requires a lot of manual effort. It also lacks the flexibility and accessibility of modern accounting methods, such as cloud accounting. Despite these drawbacks, traditional accounting may be a suitable option for small businesses with simple financial needs or those that prefer a more hands-on approach to managing their finances.
Cloud accounting refers to the use of cloud-based software to perform accounting tasks and manage financial records. This means that instead of installing accounting software on a local computer or server, the software is accessed and used through an internet browser.
Cloud accounting offers several benefits over traditional accounting methods:
Cloud accounting is suitable for businesses of all sizes and industries. It can be particularly useful for small businesses, as it can help reduce the time and effort required to manage financial records and provide real-time visibility into financial performance.
There are several differences between cloud accounting and traditional accounting:
EasyFIS is a Software-as-a-service (SAAS) sales, inventory and Accounting system designed for Micro, Small and Medium (MSME) Enterprises.
If you want to manage your business in real-time and in a WFH Work from Home Setup, EasyFIS can provide a turn-key solution to your most common business problems to effectively monitor your sales, checking your LIVE inventory stock quantity and most importantly the status of your business’ financial health.
On top of that EasyFIS is CAS (Computerized Accounting System) compliant ready for government taxation in the Philippines.
EasyHR is a Software-as-a-service (SAAS) web application that helps to manage your Payroll and Human Resource Tasks easily and effectively.
Whether you are handling less than ten (10) employees or up to more than ten thousand (10,000) employees, EasyHR can do the job for you and saves you a lot of time in computing your Payroll and managing your Employee 201 Records anytime and anywhere.
But not only that, EasyHR further has an Employee Portal that allows your employees to access it online and check their own Payslips, Overtime, Leaves and Time Records. It saves a lot of time and money in printing these Payslips and paper wastage.
EasyPOS is a standalone Sales and Inventory system designed for businesses with Physical Stores and does not necessarily need an Internet or cloud solution.
The software is very easy to use yet already fully loaded with the necessary daily functions in running a store.
It already has a complete Sales and Inventory system with Item components.
Barcode and Touchscreen Interface that can be used for both groceries and restaurant setup respectively. Plus it is already BIR Accredited to legally issue Sales Invoice (SI) and Official Receipts (OR).