Choosing Between the Top 5 Best Accounting Software in Indonesia
Every business requires financial management. In fact, it can be very complex for some and for them, having an accounting software is absolutely essential. Accounting software in Indonesia is one of the most important tools to have for any business.
When looking for accounting software, you should choose one which will allow you to make payments to suppliers and generate client invoices easily. The software should be able to simplify your specific accounting processes like bank statement reconciliation, tax management, management of accounts receivable, and more.
These are the top five accounting software in Indonesia:
Acosys is the most recommended among all accounting software in Indonesia. The software has been in the market for a long time, specifically since 1997. Acosys accounting can be used on Mac OS, Windows, and even Linux.
EQUIP is an accounting software developed by HashMicro in Singapore in 2008. Various Indonesian companies use the software to manage finances and taxes, create a financial report, manage multi-currencies, bank reconciliation, account management, and more. Another advantage of this is it enables companies to predict financial outcomes so they can track their profits and losses in the future.
PT Cipta Piranti Sejahtera is the developer behind Accurate, and they launched it in 2000. Today, there are over 300,000 users of this software. It is perfect for companies with several branches and many transactions in each branch. In addition, using this software is free.
SAP is based in Germany, and there are over 300,000 companies all over the world that use it, including in Indonesia. The software provides a cloud-based and on-premise automated solution for big companies in Indonesia, so their financial processes become simple.
Some of SAP’s main features are financial reporting in real-time, management of accounts receivable, financial planning, credit management, and even budget management. Similar to EQUIP accounting, this one has sophisticated tools to report your finances, so you will find it easier to predict future expenses and revenue.
Zahir is one of the first and oldest accounting software. This one comes with several packages that can be chosen from, like online and professional. The nice thing about Zahir is that there are a lot of offered features, like warehouse management and more. The software was developed in 1996, and it already has over 30,000 users. The only disadvantage of using Zahir is that the license price can be a bit expensive and hard to use for you to be able to calculate its hourly cost.
How to Choose an Accounting Software in Indonesia?
Since there are a lot of options, you can get confused about which one to choose. However, there are a couple of considerations you can make.
The more complex the business is, the bigger your needs will be in terms of accounting software. Your business size and number of employees that your company has are also factors you need to consider.
The medium and large-scale businesses that have a lot of employees require customisable accounting software. They need software that they can integrate with modules like inventory, purchasing, HRM, and sales.
These are the top 5 accounting software in Indonesia that you can buy for your business needs. You can contact us if you need help choosing between these and other software. You can also get the accounting services of 3E Accounting to help you manage your business finances.