How do I choose the right accounting software?

Pay attention to the level of security, sorting online or offline software, has a backup data feature, has easy access, customer support services are available, and adjust the features available with the needs. Contact our team to find out what kind of software is right for your business

Why should a company use the accounting software?

The accounting app can reduce accountants in recording all company transactions and bookkeeping so that it is more effective. The accounting app can also facilitate the payment of accountants because it has been integrated with various banks in Malaysia

What are the advantages of using accounting software?

Companies can authentate efficient recording of transactions, increase company data security, and facilitate accountants in bookkeeping

Cloud Accounting Software Built for Speed, Precision, and Growth

Q: What Is Accounting Software?

Accounting software is a program specifically designed to manage commercial records or transactions and programs are used by accountants to facilitate transaction data management

A complete accounting system to handle cash flow, journal entries, reconciliation, and Peppol-ready invoicing. All in one simple, automated platform.

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HashMicro Accounting Software Benefits

Optimized Efficiency

Minimize manual, time-consuming accounting procedures like bookkeeping, asset depreciation calculations, and more.

Real-Time Data

Get complete, real-time financial information that helps you make better business decisions.

Improved Accuracy

Know the financial condition across all business units through in-depth analysis and accurate forecasts of your income.

Increased Profitability

Increase your business profitability with the help of automated, accurate budget calculations.

Discover How Our Comprehensive Solutions Fulfill All Your Financial Management Needs

Never Lose Track of Your Financial Data

Comprehensively monitor every aspect of your company's financial management.

Features

AR AP Overview
Invoices Overview
Profit & Loss Analysis
Bank & Cash Balance
Bills Overview
Total Asset Calculation

Accelerate Invoicing and Payments

Create, manage, and send digital invoices directly to clients via WhatsApp or email.

Features

Payment Terms
Recurring Invoice
Invoice Status
Payment Status
Invoices Analysis
Invoice Reminder

E-Invoice and Tax System Integration

Manage tax documents and invoices in compliance with government regulations.

Features

E-Invoice Serial Number
Comprehensive Tax Reports
Export as PDF or XLSX Format
Serial Number Generation
Fiscal Year Calculation
VAT Management

Speed Up Payments and Reconciliation

Track payments, expenses, and all banking activities from a single dashboard.

Features

Automated Reconciliation
Automated Payment
Integrated Bank Statement
Reconciliation Models
Integrated Bank Account
Purchase Currency

Easily Monitor Your Business Cash Flow

Manage your business cash flow efficiently with data transparency.

Features

Budget Management
Internal Cash Transfer
Landed Cost Management
Bill Approval Matrix
Purchase Budget Approval
Expense Management

Manage Customer Receipts Faster

Easily track customer payment details and methods in a single, streamlined platform.

Features

Other Income
Customer Multi Receipts
Receipt Giro
Customer Deposit
Customer Statement

Efficiently Manage All Invoices

Monitor bill payments and receivables in real-time from a single dashboard.

Features

Debt Collection
Account Payable Exchange
Refunds
Recurring Bills

Streamlined Vendor Payments

Manage all vendor transactions, from invoices to checks, in one unified system.

Features

Payment Voucher
Vendor Multi Payments
Payment Giro
Payments
Vendor Deposit

Bill Tax to Pay
Other Expense

Track E-Tax Slips More Accurately

Create e-tax slips and report taxes in full compliance with the tax system.

Features

Withholding Evidence
Generate Serial Numbers
Unified e-Tax Slips

Instantly Record and Create Journals

Automate your ledger management and reduce the risk of accounting errors.

Features

Journal Entries
Journal Entries to be Reversed
Journal Items
Journal AP/AR Currency Revaluation

Recurring Journal Entries
Customer & Vendor Prepayment Detail

Real-Time Reports with Accurate Data

Get comprehensive financial reports, from transactions and cash flow to profit & loss.

Features

Tax Report
Balance Sheet
Expense Overview
Profit & Loss Overview
Financial Ratio
Equity Movement Report

Online Accounting Software Integration

Inventory Management System

Integration with the Inventory Management System helps facilitate stock taking and calculation of total inventory costs.

Accounting

Purchasing System

Integration of the Accounting Software with the Purchasing System enables you to analyze and have better control of procurement costs.

CRM-Sales System

Integrate the Accounting Software with the CRM-Sales System to easily track unpaid or overdue customers' invoices, helping you maintain a healthy cash flow.

Trusted by 2.000+ World-Class Enterprises

Providing the right solutions for our clients is our focus and priority.

FAQs

Frequently asked questions about our software solutions.

We provide comprehensive support, including free consultations, blueprints, training, and user manuals, to ensure your ease of use of our software.

Our solutions are very comprehensive and designed for 15 industries. Our ERP system offers unlimited user licenses. Therefore, it can be used by everyone in your company at no additional cost.

HashMicro offers ready-to-use software solutions that can be quickly deployed, but they’re also fully customizable to suit your company’s specific needs. You don’t have to start from scratch, but you’re not stuck with a rigid system either.

Yes, our software has a mobile version to help you run your business better. Our mobile apps cover various functions, depending on the modules you are using.

HashMicro is web-based ERP software that can be run through the internet on any mobile device via any web browser.

We use PostgreSQL database management system, which ensures data security and scalable performance for many of simultaneous users.

We use Python, one of the most popular programming languages, to develop our software programs.

Explore Other ERP Modules

We also provide other modules your business might need.

Asset Management

Monitor asset locations, schedule asset maintenance, and control asset costs automatically with the Asset Management System.

Human Resource Management

Automate HR procedures, from attendance, leave and expense management, to recruitment and evaluation processes with the HRM System.

Project & Contract Management

Manage budgets, forecast revenue, and monitor project progress from anywhere using the Project & Contract Management System.

"HashMicro doesn't just help with taxes, it sharpens our financial forecasting. Real-time data and automated compliance with PPN, PPh, and e-Faktur allow us to plan ahead with clarity, reduce risks, and keep our financials audit-ready."

"HashMicro's accounting solution transformed how we report. Financial statements are now generated instantly, audit-ready, and easy to interpret. No more manual report generation reconciliations or data duplication."

"HashMicro has really helped our work much easier. We can manage sales, inventory, finance, and more in one system, making everything more organized and efficient. It's user-friendly, and their support team is always ready to help. I recommend it to any business that wants to improve the way they work."

"Our journey with HashMicro's ERP had challenges, but the system significantly improved our operations. Despite some delays and training gaps, the Consultant and Project Manager were responsive, flexible, and committed, and we truly value their effort and support."

"I appreciate the immediate response and strong system knowledge. However, accounting technicalities caused some misunderstandings. The company should provide an accountant with deeper expertise to better address client needs. Overall, the support has been good and mostly on time."

"HashMicro’s consultants have been very helpful to our team. They are always available when we need project support, make it easy for us to ask questions, and know the system well enough to answer even technical inquiries during meetings."

What Is
Accounting Software?

Accounting software is a computer program or set of programs that help businesses manage their financial transactions, such as tracking income and expenses, preparing financial statements, and generating reports. These programs can automate many of the tasks involved in accounting and can help businesses stay organized and compliant with financial regulations.

Accounting software often includes tools for budgeting, forecasting, and financial analysis. Many systems are tailored to specific industries or business sizes and integrate with solutions like payroll, inventory, or POS. Cloud-based options also let teams access data from anywhere and collaborate in real time.

Here are a few tips to help you pick the best online accounting software for your business:

1. Determine your needs: Before you start looking at different accounting software options, it's important to determine what specific features you need. Consider factors such as the size of your business, the type of industry you're in, and your budget.

2. Look for scalability: As your business grows, you'll need online accounting software that can grow with you. Look for software that can handle multiple users, multiple locations, and a large volume of transactions.

3. Consider the level of automation: Automation can save you a lot of time and effort when it comes to bookkeeping and other financial tasks. Look for software that offers features such as automated bank reconciliation, automatic invoicing, and automatic tax calculation.

4. Check for integrations: If you already use other business software, make sure the online accounting software you choose can integrate with those programs. This can save you time and effort by eliminating the need to enter data multiple times.

5. Review the user interface: User interface is important, it should be easy to navigate, understand and use for your team. Look for software with a user-friendly interface that's easy to navigate and understand.

6. Compare pricing and support: Compare the pricing and support options of different accounting software options. Look for software that offers a fair price and good customer support.

7. Try before you buy: Many online accounting software providers offer free trials or demos. Take advantage of these offers to test the software and see if it meets your needs before you make a purchase.

There are many benefits of using accounting software for businesses, including:

1. Efficiency: Accounting software automates many of the tasks involved in bookkeeping, such as generating invoices, tracking expenses, and reconciling bank statements. This can save businesses a significant amount of time and effort.

2. Accuracy: Accounting software can help reduce errors and increase accuracy by automating calculations and providing built-in checks and balances.

3. Organization: Accounting software can help businesses stay organized by keeping all financial transactions in one place, making it easy to access and track financial information.

4. Compliance: Many accounting software programs offer compliance features to help businesses stay compliant with financial regulations, such as tracking sales tax and generating tax-related reports.

5. Reporting: Accounting software can generate financial statements and other reports, providing businesses with valuable information about their financial performance. This can help businesses make important business decisions.

6. Security: Most cloud-based accounting software offer high level of security, this ensures that business's financial data is protected from unauthorized access, hacking and other security breaches.

7. Accessibility: Cloud-based accounting software can be accessed from anywhere with an internet connection, which allows businesses to manage their finances from any location.

8. Collaboration: Many cloud-based accounting software allow multiple users to access the same information simultaneously, this allows for better collaboration and communication among team members.

Accounting software can be beneficial for businesses of all sizes and industries. Some examples of companies that should use accounting software include:

1. Small businesses: Small businesses in Malaysia can benefit from using the best accounting software in Malaysia to automate tasks such as invoicing, expense tracking, and financial reporting, which can save time and increase accuracy.

2. E-commerce businesses: E-commerce businesses can use accounting software to track sales, manage inventory, and reconcile payments, which can help them stay organized and make better business decisions.

3. Non-profits: Non-profit organizations in Malaysia can use the best accounting software in Malaysia to track donations, generate financial statements, and stay compliant with financial regulations.

4. Service-based businesses: Service-based businesses can use accounting software to track time and expenses, generate invoices, and manage accounts payable and accounts receivable.

5. Retail businesses: Retail businesses in Malaysia can use the best accounting software in Malaysia to track inventory, sales, and customer information, which can help them make better business decisions.

6. Manufacturing and wholesale businesses: These businesses can use accounting software to track inventory, manage cost of goods sold, and track production and shipping

7. Consulting and professional services firms: These firms can use accounting software to track billable hours, generate invoices, and manage accounts payable and accounts receivable.

The features of accounting system can vary depending on the specific program, but some common features include:

1. Financial transactions: Accounting system can track and manage financial transactions, such as sales, expenses, and payments.

2. Financial statements: Accounting software can generate financial statements, such as income statements, balance sheets, and cash flow statements.

3. Invoicing: Accounting software can generate invoices, track customer payments, and manage accounts receivable.

4. Banking: Accounting system can track bank and credit card transactions, reconcile bank statements, and manage accounts payable.

5. Tax: Accounting software can help businesses stay compliant with tax regulations by tracking sales tax, generating tax reports, and calculating estimated taxes.

6. Budgeting and forecasting: Accounting system can help businesses plan for the future by creating budgets and forecasting future financial performance.

7. Multi-Currency support: Many accounting software support multiple currencies, this allows businesses to manage financial transactions in different currencies.

8. Multi-User access and collaboration: Many cloud-based accounting system allow multiple users to access the same information simultaneously, this allows for better collaboration and communication among team members.

9. Integrations: Many accounting software programs integrate with other business software, such as payroll, inventory management and point of sale systems, which can help businesses streamline their operations and reduce data entry errors.

10. Reporting and Analytics: Many accounting system have built-in reporting and analytics tools that allow businesses to create custom reports, track key performance indicators, and analyze their financial data.

11. Security: Most accounting software offer high level of security, this ensures that business's financial data is protected from unauthorized access, hacking and other security breaches.

The price of accounting software in Malaysia can vary depending on the specific program and the package or plan that you choose. Many accounting software providers offer different packages or plans with varying levels of features and pricing.

It is important to note that while the cost of the software is important, it shouldn't be the only factor considered when choosing accounting software. The features, integrations, customer support, and the level of scalability offered by the software should also be taken into account when making a decision.

In addition, many accounting software providers offer free trials or demos, it's a good idea to take advantage of these offers to test the software and see if it meets your needs before making a purchase.

1. HashMicro Accounting Software: HashMicro offers accounting software that provides a range of features including invoicing, expenses tracking, financial reporting and inventory management.

2. Xero: Xero is a cloud-based accounting software that offers a range of features including invoicing, expense tracking, bank reconciliation, and financial reporting. It's easy to use and offers a mobile app for on-the-go access.

3. QuickBooks: QuickBooks is a well-known accounting software that offers a range of features including invoicing, expenses management, and financial reporting. It also offers integration with other software such as payroll, inventory management and point of sale systems.

4. Wave: Wave is a free, cloud-based accounting software that's ideal for small businesses and freelancers. It offers features such as invoicing, expenses tracking, and financial reporting.

5. Sage: Sage offers a range of accounting software for businesses of all sizes, including Sage 50 and Sage One. These software packages offer features such as invoicing, expense tracking, and financial reporting.

6. Zoho Books: Zoho Books is a cloud-based accounting software that offers a range of features including invoicing, expenses tracking, and financial reporting. It also offers integration with other Zoho apps such as CRM, inventory management and payroll.

Bookkeeping software focuses on essential tasks like recording income and expenses, categorizing transactions, updating the general ledger, and reconciling bank accounts. Its purpose is to keep financial data organized and accurate without offering deeper analysis or decision-making support.

Accounting software includes all bookkeeping functions but adds more advanced capabilities like financial reporting, budgeting tools, and cash flow forecasting. These features provide clearer financial insights, automated accounting processes, and stronger financial analysis—helping businesses make smarter, data-driven decisions.

1. Compliance with legal and tax requirements: Proper bookkeeping helps a business stay compliant with legal and tax requirements. Accurate financial records are essential for filing tax returns, complying with regulations, and avoiding penalties or fines.

2. Financial management: Bookkeeping provides the business owner with a clear picture of the company's financial health, including cash flow, revenue, expenses, and profits.

3. Business analysis: Bookkeeping can provide valuable insights into the company's performance, such as identifying trends, tracking expenses, and measuring profitability.

4. Facilitation of funding: Lenders and investors typically require financial statements, tax returns, and other financial documents before providing funding. Proper bookkeeping can help businesses prepare these documents quickly and accurately, increasing their chances of securing funding.

5. Improved organization: Bookkeeping systems help businesses stay organized by keeping financial records in one place, making it easier to access information when needed. This can save time and reduce the risk of errors or oversights.