SQL Cloud Accounting Software
SQL Cloud is an accounting software available online, allowing users to access it at any time and from anywhere, thereby enhancing productivity. It offers complete ownership of the database, along with unlimited invoices and storage capacity.
Recognizing the importance of selecting suitable accounting software, business owners now understand that relying solely on basic bookkeeping tools is insufficient. Without a reliable accounting software, they struggle to attain desired business performance outcomes.
By utilizing either online or on-premises accounting software, businesses can unlock their maximum potential through enhanced operational flow, improved efficiency, and the prevention of human errors. Consequently, this will lead to heightened customer satisfaction and loyalty. Cultivating strong customer relationships will have a positive impact on sales revenue, profitability, and cash flow growth.
The majority of cloud accounting software available in the market primarily offers basic invoicing for bookkeeping and limited account reporting capabilities. In contrast, on-premises software allows users to personalize the software according to their specific industry workflows. This situation can become problematic when a growing business using cloud accounting finds the need for more specialized services, only to discover that their current cloud accounting software cannot accommodate them. Hence, it is crucial to make the right choice of business tools from the outset to avoid such challenges.
SQL Cloud Accounting offers the ideal combination of advantages from both cloud accounting and customizable on-premise software. SQL introduces a distinctive cloud accounting service called “SQL Hybrid cloud,” which delivers the convenience of a Software as a Service (SaaS) accounting software with the added benefits of flexibility, agility, customization, and unlimited storage. Users have the option to access the SQL Accounting software via a web browser or through a locally installed software application on their own computer. The noteworthy advantage of SQL hybrid cloud is its ability to ensure uninterrupted business operations even in the absence of internet connectivity.
If your business necessitates specific payment calculations, precise security measures, or tailored privacy settings, customizations can be essential to unlock your business’s maximum capabilities. We offer a comprehensive list of highly sought-after customizations that have been widely adopted by prominent businesses to meet their unique requirements.
Salesman Commission Customisation:
Designing an optimal commission structure is paramount for the prosperity of your company. The method of remunerating your sales representatives as an employer has a direct impact on your company’s profitability, sales margin, and talent retention. To streamline the process of calculating salesperson commissions based on your company’s structure, you can leverage the automation capabilities of SQL Account. With over 250,000 organizations benefiting from its services, SQL Account enables the implementation of automated salesperson commission calculations. The commission calculation can be tailored to suit your preferences, taking into account factors such as the invoice issuance or payment receipt dates. Once the formula is established, the system generates the salesperson commissions automatically at the end of each month.
Further enhancements can be incorporated into the commission customization to accommodate additional specifications. This customization can consider factors such as the maturity of invoices and the duration required for payment completion. Additionally, it can determine whether commissions are released based on partial or full collection, as well as assign distinct commission rates based on the profit margin of the sold items or item groups.
Check out this link to have more idea on commission calculation
Operation Customisation:
Operational customizations are intended to expand the functionality of the existing software’s operational process flow. Certain industries require additional steps in their calculation formulas, manufacturing processes, auto-capturing, and automatic updates. Industries such as glass and window businesses, cargo and freight, and manufacturers can particularly benefit from these operational customizations. These customizations often involve mathematical calculations, the creation and implementation of new formulas, and the automation of specific processes within the existing system. For instance, an operational customization example involves configuring a formula to calculate the total sales amount of an invoice based on the dimensions (length x height x width) of metal sheets. Operational customizations can also enhance worker proactiveness by calculating commission rates based on collection periods, sales volumes, or item types. By implementing operational customizations, businesses can improve productivity and efficiency with minimal cost implications.
Preventive Customisation:
On the other hand, preventive customizations focus on maintaining and safeguarding the existing system flow. These customizations primarily serve to add an extra layer of protection, preventing users from exploiting the software. By incorporating additional alerts and system notifications, users can be promptly notified if they have underpriced an invoice or selected incorrect products for delivery. This preventive approach effectively eliminates human errors while ensuring client satisfaction is upheld.
6 Factors When Choosing A Cloud Accounting Software For Your Business
Payment & Data Ownership
The majority of cloud software available in the market operates on a monthly subscription model, allowing users to cancel their subscription at any time. However, it is crucial to understand the level of data ownership one has over the information entered into such software. Upon terminating your subscription, will you be able to retrieve your complete database, including all the transactions you have entered?
In the case of SQL Hybrid Cloud, users retain complete ownership of their databases. Even if they choose to end their cloud service subscription, they have the ability to recover their entire database. They can then restore the database to their local SQL software and resume using it locally.
SQL Hybrid Cloud stands out among other cloud software providers by offering a distinct advantage: a one-time payment fee and 100% data ownership for its subscribers. This feature sets SQL Hybrid Cloud apart and makes it a unique choice for accounting software.
Access Anytime, Anywhere
The majority of cloud software available in the market operates on a monthly subscription model, allowing users to cancel their subscription at any time. However, it is crucial to understand the level of data ownership one has over the information entered into such software. Upon terminating your subscription, will you be able to retrieve your complete database, including all the transactions you have entered?
In the case of SQL Hybrid Cloud, users retain complete ownership of their databases. Even if they choose to end their cloud service subscription, they have the ability to recover their entire database. They can then restore the database to their local SQL software and resume using it locally.
SQL Hybrid Cloud stands out among other cloud software providers by offering a distinct advantage: a one-time payment fee and 100% data ownership for its subscribers. This feature sets SQL Hybrid Cloud apart and makes it a unique choice for accounting software.
Unlimited Transaction, Unlimited Storage, Unlimited Processing Power, No Extra Charge
It is crucial to pay attention to the details when selecting a cloud accounting software service. One key aspect to consider is whether there are any hidden or additional costs associated with increasing the storage size or transaction limit. It is essential to verify if such expenses apply before subscribing to the service.
With SQL Cloud Accounting Software, you can enjoy the advantage of having no limitations on the size of your database. You have the freedom to enter unlimited invoices, payment vouchers, receipts, and other documents into the system. Furthermore, SQL allows you to store an unlimited number of past transactions, spanning across multiple years, without incurring any additional costs. Additionally, there are no restrictions on the size of your database storage.
SQL Cloud Accounting offers comprehensive reporting features, providing full access to a variety of reports including stock month-end calculations, annual and monthly profit and loss comparisons, and annual sales analysis. These reports are readily available within the SQL Cloud Accounting platform. Users can enjoy unlimited business reports with high-speed processing capabilities on SQL Cloud.
Highly Customizable To Suit Your Unique Workflow
SQL Cloud is the sole accounting software worldwide that combines the advantages of cloud functionality with customization options. It can be customized to align with the specific business workflow of users. SQL Account is widely considered the top accounting software, suitable for various industries including trading, construction, forwarding, accounting, manufacturing, and more.
SQL is employed in over 100 industries globally. To stay competitive, automation is essential as businesses expand and transform. SQL offers consultation with experts who can analyze your operational logic and incorporate it into the existing software process. Customization is possible, particularly in enhancing preventive controls, which aids in error elimination and enhances productivity and efficiency. SQL Cloud, as a customizable cloud accounting software, also aids in adhering to industry-specific regulations, ensuring compliance.
Cloud Subscription
For startups and new businesses, SQL offers a monthly subscription option for their cloud service, catering to those who prefer not to make a one-time payment for hybrid cloud software. The key distinction between the hybrid cloud and monthly cloud subscription is that the database in the monthly cloud subscription is exclusively online and cannot be accessed without an internet connection.
As your business expands or evolves, you can effortlessly transition to SQL Hybrid Cloud without any data loss. SQL offers flexibility, allowing businesses to choose between using it on a local desktop, a public cloud, or hosting a private cloud on their premises. The significant advantage is the ability to seamlessly migrate applications between a local desktop, public cloud, or private cloud, without any user lock-in control.
Receive Quality Localized Support & Onsite Training
When selecting an online accounting software, having adequate support is crucial for a smooth transition. SQL offers a local support team that can assist users through various channels such as phone calls, emails, and remote control. Additionally, they provide beginner user training to ensure users are comfortable with the software. The SQL support team comprises knowledgeable and experienced consultants dedicated to providing assistance.
Besides that, there are also video guideline provided in YouTube channel that can be refer.
Benefits for both public & private cloud?
SQL Public Cloud
- IT maintenance not required
- No need purchase new hardware
- No need configure any network
- Ensured data security
- Monthly subscription fees
SQL Private Cloud
- Host your own cloud in your premise with only 1 time payment
- No monthly fee required.
- You can have a hybrid use of SQL Accounting, can use on the web browser when you are not in the office, or local installation can be use without any internet access.
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