Top 10 accounting software in Indonesia

Building a business requires hiring people to do accounting tasks. The goal of this is to improve business management. Accounting professionals are considered to be accountants. Accounting software that can accelerate and simplify work is something that an accountant will require. The accountant’s performance may also be enhanced by using this accounting software. The most well-known accounting software in Indonesia can assist in resolving issues the business may be experiencing. The software has been created to make work in the company’s numerous fields more accessible and effective. To create the financial report forms the company needs, the software is utilized to gather all types of transactions. The design of this software is based on database management. The software is typically traded, and the cost is high as well. This software is essential to lowering errors in financial report submission. Here will look for the top 10 accounting software in Indonesia:

HashMicro

HashMicro, a company based in Singapore, created its accounting software in 2008. Despite being relatively new in Indonesia, the HashMicro Accounting system is widely used there. Additionally, HashMicro Accounting Software offers a wide range of advanced features needed by businesses to manage their financial operations, including management of invoices and payments, management of credit and debit notes, management of local taxes, generation of financial reports, management of multiple currencies, bank reconciliation, account management, and many more. The HashMicro Accounting system also offers the benefit of enabling businesses to forecast financial results. It helps businesses track profits and losses more easily across divisions and different locations. 

HashMicro Accounting App offers a limitless license per entity in contrast to other well-known accounting apps in Indonesia, allowing unrestricted use of as many users as possible. Since it was created internally, the cloud-based and on-premise accounting system linked with the payroll, sales, and inventory modules also makes it easy for users to personalize it. The inventory management system, the purchasing system, the CRM-Sales system, and numerous other modules have all been incorporated into HashMicro’s accounting software so that it may be customized to serve firm products.

Jurnal

For various small and medium-sized firms in Indonesia, Jurnal offers a cloud-based accounting solution that is more suited to them. You can use the internet to use the Jurnal financial app from any location without paying a setup charge. Additionally, Jurnal offers a number of vital areas like complete and timely reporting, billing, costing, inventory tracking, and asset management. Through the Cash Link feature, users of this accounting app can also link their bank account to the app.

It makes financial information, such as journal entries, financial statements, and reports, accessible online. Compared to manual accounting procedures, an automated bookkeeping system may be safer. A human mistake could be a possibility in the manual method. The accounting procedure is considerably simpler, quicker, safer, and more effective. It is simple to use even if you are not an accounting professional.

Zahir

One of the first accounting system providers in Indonesia, Zahir offers a variety of company services. Zahir Accounting provides a number of different package types. Zahir’s key features for small and medium-sized organizations include cash management, purchasing management, accounts payable and payable management, accounts payable management, and accounts receivable management. In terms of enterprise businesses, Zahir provides more functions, such as asset management, inventory management, and warehouse management.

Many businesses in Indonesia utilize accounting online software from Zahir. This is due to certain of its features and usage being somewhat simpler than SAP. But in reality, Zahir’s online accounting software is not as extensive. 

SAP

More than 300,000 people use the software from Germany, including people in Indonesia. For Indonesian businesses, SAP provides a cloud-based and on-premise automated solution. Real-time financial reporting, accounts receivable management, credit management, financial planning, and budget management are a few of SAP’s key features. This software includes comprehensive reporting tools, just like other accounting apps.

As a result, predicting future revenue and expenses is simpler for businesses. In order to automate human resource management, SAP may integrate with SAP Success Factors. SAP is better suited for big companies in Indonesia. You will find using the SAP accounting software to be very challenging. You need to educate yourself and better understand SAP accounting software usage.

Acosys

Acosys is a business and accounting software that may be used to quickly, easily, and effectively manage inventories, sales, purchases, accounts payable, cash flow, financial reports, and numerous business analyses. Additionally, Acosys offers features appropriate for many business types with varying transaction flows, both small and large sizes, and assist in the modernization of your company. You may cut expenses, time, and effort with the aid of Acosys because Acosys allows users to view financial reports from anywhere at any time and automatically. On desktop PCs, laptops, tablets, and smartphones, Acosys can be used. Acosys offers a variety of features and complete facilities that can be customized to meet your company’s demands.

You don’t need a lot of users if your application is quick and automatic when it comes to recording business transactions. Because many businesses have up till now relied on Acosys to assist and provide convenience in operating the business by offering after-sales assistance with the backing of a qualified workforce.

Superior features offered by Acosys will make it simpler for you to manage your organization. It will be simpler for you to make thoughtful and effective decisions so that your business may operate at its best with features that contain facilities that are appropriate for your business and can be accessed from anywhere and at any time.

EQUIP

HashMicro created EQUIP, an accounting software, in Singapore in 2008. The software is used by numerous Indonesian businesses to manage money, taxes, accounts, bank reconciliation, multiple currencies, and more. Another benefit is that it allows companies to predict financial results, allowing them to monitor future gains and losses. From cash flow to financial report creation, the EQUIP Accounting System gives MSMEs the needed data. For a variety of organizations and sectors, EQUIP Accounting Software is created to make financial administration simple. Utilize accounting software to record your company’s transactions automatically. Make it simple to check and store data at any time.

Xero

With more than 600 interfaces, the cloud-based accounting software Xero assists business owners with a wide range of tasks, including payroll and inventory management. When it comes to cloud-based accounting software, this software is easier for Mac users to utilize. To provide you with a thorough cost analysis, Xero can track the money and the time spent on a project. The price of Xero, a monthly subscription accounting system, depends on whether you need premium features.

Focus i

Focus I is a highly user-friendly online accounting tool that lets you combine several business operations, monitor sales, keep tabs on expenses, produce invoices, and check on the state of your business at any time. Focus I acts as a comprehensive and integrated VAT billing and accounting software with all-inclusive modules to handle procedures in every division of your business. Due to its simplicity and clarity, the Focus I interface is simple to operate and customize. Processes are now digitalized and automated to cut down on time required for paperwork. Due to the cloud-based architecture of the system, users can securely access data stored on their laptops, phones, or tablet from any location.

Gimbla

An easy-to-use but feature-rich online accounting software for Indonesian companies. To track and manage the essential numbers that move your business forward, you may either start with basic income and cost trackers or ask your accountants for help setting up a comprehensive Chart of Accounts. Create a receipt or payment and keep track of the income and expenses if your company runs on a cash basis and you don’t need to know the specifics of your customers. Create the most important financial statements for your organization with ease. The revenues and costs incurred by the company over a specific time period are summarised in the income statement.

BSC

With different account structures and hierarchies, user-defined reports are constantly needed. This problem is solved by forwardERP’s user-defined accounting reports, which let the user select which accounts to include in which accounting reports. Due to the way that business is conducted in Indonesia, where the majority of payments are processed through giro, forwardERP offers the clients the proper key functionality so they can maintain and monitor their giro. E-faktur is now a required component of every software in order to comply with Indonesian tax regulations. With this function, users can export CSV files and then import them into the government’s e-Faktur software. Every forwardERP module’s dashboard offers management high-level information. The dashboard’s graph can be broken down into parts, including each document and item that contributed to it. This guarantees that essential information reaches every level of management.

Bottom Line

When it comes to financial tracking, accounting software can be the secret to making sure your small business works efficiently. Your small business demands alone will determine the type of accounting software you use. Consider your needs carefully before selecting accounting software, and use this list to guide your decision as to which will work best for you and your company.