What is accounting software?

Accounting software is an application software that helps you record and process
your business related transactions
transactions such as sales, purchases, payme
nts to suppliers and receipts from customers. A good accounting system should al
so function as an accounting information system, as well as a management informa
tion system.
Types of accounting software in Malaysia
Some accounting systems consist of a core module and several add-on optional mod
ules. Some other accounting systems are made up of several inter-dependent modul
es, and are described as integrated systems.
The core modules that are necessary in order to be able to generate your financi
al statements are the General Ledger module, Cash Book module and the Accounts R
eceivable and Accounts Payable module. Optional modules that help to ease the bu
siness operations are the Sales Order module, Billings module, Purchase Requisit
ion module, Purchase Order module, Inventory / Stock control module, Payroll mod
ule, Time sheet module, Inquiry module, Electronic payment module, and the CRM m
odule.
In evaluating the best accounting software for your company, you need to ask you
rself what are the accounting software features and functions that each software
should have, and what are the extra features that is good-to-have.

List of Accounting software in Malaysia

Here is the list of the popular brands of accounting software Malaysia, grouped
by country of origin, and listed in alphabetical order
Latest update: These softwares marked (*) are listed as GST Malaysia compliant
accounting software, for government subsidy purposes
Accounting software that originates from Malaysia
Autocount Accounting software *
First Accounting
ICS accounting software *
Mr Accounting *
OBM Accounting software *
Q&E (QnE) Accounting software *
Smart Accounting software
SQL Accounting software *
UBS Accounting Software *
Accounting software in Malaysia that originated from other countries
AccPac accounting software
Fact Accounting software *
MYOB Accounting software *
Peachtree Accounting software
QuickBooks accounting software *
SAP Business One Accounting software *
Tally Accounting software

Where can you buy accounting software Malaysia

The list of accounting software Malaysia above are general-purpose systems suita
ble for most trading and service industries. They can be bought off the shelf and
are generally not customizable or modified in any way. If you are operating in
specific industries, you may want to consider buying an industry-specific busin
ess accounting system.
The Malaysian accounting software can be bought directly from the developers the
mselves, or from consultants and agents of the company. The accounting softwar
e that originate from other countries are normally available from the authorized
distributor s office, IT stores, and also through independent agents, consultants
and system integrators acting for the distributor. Most of the accounting soft
ware Malaysia is also available for purchase at online stores.