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Along with the development of technology in this digital era, new business owners want everything to be more practical and easier in managing office finances. One of the things that is a problem in new businesses is payroll for employees, because there needs to be a special system to manage employee payroll automatically. Why do small businesses need accounting and financial software to tackle these problems? Because new businesses need to avoid the risks of inaccurate accounting, especially in the concept of payroll. This time we will introduce Pastel Payroll Online from Sage Pastel to maximize the payroll process for paying your employees timely and fairly, plus any accounting rules such as reporting tax, superannuation, and any law regarding it. What are the advantages of using an online payroll application? Payroll application is software with a special design to manage data for employee payroll. You can set the application to create payroll automatically by calculating employee salaries based on data entered starting from when the employee joined, and what additional rules for each employee in the incentives or benefits they receive. Here are some of the advantages if you use online payroll: Data security and accuracy The biggest advantage of using payroll online is the security and accuracy of office data. Employee data can be protected and encrypted, reducing the risk of leakage or loss of information. With an automatic system in calculating salaries and deductions, you will find it easier to do payroll because the data is more accurate and the risk of human error can be avoided. If there is a regulatory or tax update, you can set it in the software for the accuracy of employee salary data. Introducing Pastel My Invoicing as Your Business Invoice Solution Employees will have their own trust in the company's payroll process if it is done online, plus ensuring that the office complies with applicable regulations. Companies do not need to bother storing payroll data physically, because it can be done online. Time and energy efficiency You can save time and effort to create a manual process in employee payroll. By using software, you can automate the calculation process, file creation, to total salary. The data input process will also be faster to avoid double work like when you create a salary file manually. Plus, using payroll software can manage payroll data in real-time and manual data matching is no longer needed. Helping the company in making decisions Payroll software can be a company evaluation tool to overcome various cases and strategies such as attendance and absence data that affect each employee's salary. Or there is a point system so that employees can get attendance incentives, and other company rules that affect salaries. In other words, management decisions to increase or decrease salary components can be arranged based on this software. Payroll Solutions for Small Business Payroll management and reporting are needed for every business. Manual reporting and spreadsheets will take a lot of time and effort, plus that method has a high possibility of error. Technological advances make it easier for you to manage everything related to accounting, of course at an affordable cost. Now you can use trusted accounting software and apps. And one of the best applications for small and medium businesses is Sage Pastel with online payroll as one of its features. The key benefits of using payroll software are running online payroll to create automation tools and integration with back accounts for all processes.  Where can we get accounting software that provides automatic employee payroll management, including tax deductions, benefits, and net salary calculations? We will explain below. What is Pastel Payroll Online? Sage Pastel Payroll is a software that offers you all the advantages to do accounting and payroll. Sage understands what is needed for payroll from small to medium sized businesses. The software is simple to use and you can assure that your payroll will be in accordance with HR procedures.  Now you don't need to create payroll files manually, because you can generate the file plus with various payroll regulations such as incentives, salary deductions, or preparation for tax reports. The software will calculate so that payroll data is correct from the first time you use it, and avoid the chance of data-capture errors. Now, paying bulk salaries and payroll per month will not bring stress to employees. You can create recurring or batch payroll payments with online software and stay relaxed knowing that your employees will get paid on time. For pre-set reports, you can get standard report formats from this software such as job costing report, years of service listing, leave taken listing, etc. The module can be separated from the spreadsheet to be used for future use. These reports can be edited and used according to the company's requirements with easy graphical illustrations. Customized reports are also available to give users the freedom to customize the standard set of reports or templates or create new ones. Where can we get Pastel Payroll Online? SMEBrother prepares Sage Pastel Accounting Software for you to simplify your office payroll system, plus using the online method. We will take care of everything from registration, initial payroll data settings, to trial payroll with the online method until the payment is successful.  If you are looking for an accounting service that implements an online payroll system, you can contact SMEBRO and we will take care of managing payroll efficiently for employees in Hong Kong. Are you ready to stay relax and get the payroll system is done automatically? Trust us immediately and you will no longer be confused about how to manage payroll automatically in Hong Kong. Conclusion As a small business owner, there are already many things to think about to ensure the company works with. With so many requirements for payroll in Hong Kong, a company can avoid any problems of it by using our accounting payroll software. Leave the manual way, reduce the possibility of errors, do automatic settings, and hep your small business to get precise reports and payments with our accounting software.

Running a new business requires a lot of preparation, especially in the financial section. Every new business need accounting software to streamline and automate their financial process. There are many things that can be done with accounting software and are very much needed by businesses such as managing cash flow, tracking income and expenses, insights into the financial health, and generating professional invoices. This time SMEBRO will give you important information about accounting software that can take care of all things related to invoice management for your business. What is the purpose of an invoice? An invoice is a document given to a customer by a seller or service provider that states the cost of services or products, product or service requirements, down payment, address, and due date for the payment. The point of the problem is, new business owners can have difficulty in crafting an invoice because there are many things to take care of in their business. If you create an invoice carelessly, no matter how good your products and services are, your company's image will be questioned. Why do you need to create invoices systematically? Professionalism can be demonstrated by how you handle invoices for clients. Some of these are benefits if your business can create invoices systematically: Essential data for bookkeeping Invoices have essential data for maintaining bookkeeping records and will go into financial history. Each invoice has information about when the project, product, or service was started and how it will be executed. All amounts of money and times for payment are also on the invoice and can be used for tallying business expenses or net profit and margin. Legal protection An invoice has all required details, approvals and signatures from both parties, and can be a legal binding agreement of the transaction. If there are false lawsuits, the invoice can be a protection and reliable record of the seller's right to payment. Inventory tracker If your business has inventory and continues to need checks, then invoices can be one of the tools to track inventory and let you know when to restock or reproduce according to past sales. Although invoices are not the same as receipts, you can still estimate how much product comes out from a certain time plus the possible processing time until the shipment is complete. Business analysis Records of invoices are key information for date of transaction, prices of products or services, processing time, etc. Any details will help you to research what products or services are frequently purchased, when is the peak buying period, and all of these things can direct you to marketing strategies. Confirming data for tax records Small businesses need to comply with obligations and tax requirements, and invoices are key to the reporting process. The invoice data can be summarized business transactions because it will be collected for tax filings. Invoices and receipts will be confirmation data when you enlist on your tax fillings.  What is Pastel My Invoicing? Pastel My Invoicing is one of the features of Sage Pastel Accounting that offers a range of financial assistance features that are suitable for small and medium-sized businesses. There are many features that your business can get that allows you to create automated invoices, manage inventory, track expenses, generate reports, and more. Pastel Accounting supports multiple locations and currencies, so you can access it for your business in Hong Kong, China, or any country and can record transactions in different currencies plus consolidate them in your currency. What Is the Meaning of a Business Loan? Don't worry about currency differences if you have a business in Hong Kong, because Pastel Accounting can consolidate your company transactions in your base currency plus the exchange rates you have set. This is very useful if you want to create a report for income statement with your base currency. You can also enable the multi-currency feature if your business is on a global scale and shipping worldwide. When do you need to send invoices with Pastel My Invoicing? After knowing how important invoices are for your business, it's crucial to understand when to send invoices. There are several standard practices when you need to send an invoice, such as when a customer requests a partial or full payment before the product or service is delivered. This method is necessary because it ensures the customer's commitment and avoids the possibility of customers suddenly canceling the project after the product or service is completed. If the customer wants periodic payments or with the milestone method, the invoice will be created across several billing periods or adjusted according to the percentage of progress of the work done. If you and the customer agree to make payments upon delivery, you can send invoices after the products have been delivered. This is the most common way for sellers to inform customers that the work is done and verify all the details before proceeding to payment. There is a recurring invoice method where customers subscribe to buy your products or services, with you sending invoices consistently at fixed intervals according to the agreement, usually the period is weekly or monthly. Conclusion New businesses can be overwhelmed with all the things they need to prepare, and SMEBRO will help you make one thing easier in financial needs for creating and managing invoices. This software has been tested for quality and quality to track invoices, maintain cash flow, record payments, or anything related to invoicing solutions for business clients. Plus, the invoice feature for automatic billing is available in Pastel My Invoicing and is part of Sage Pastel accounting software. Remember that invoice is the main need for business, because it can be the best possible image for your business, plus any mistake from bookkeeping can happen if you do not track your business progress by creating invoices. An alternative way to hurdle the problem of creating invoices from simple forms to automatic billing, immediately use Sage Pastel accounting software. So, sign up to us to be able to create an invoice for your Hong Kong business.