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Simple Accounting Software for Small Businesses

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IFRS Compliant

Great software should work with little configuration and setup. Our Accounting Software is designed to get you up and running and fully functional within minutes.

An easy to use accounting software that helps you manage your finances, invoice customers, pay bills, payroll, tax reports, and manage inventory.

We work hard to make sure every release is in keeping with this philosophy. Have a look at some of the design principles that drive us when we design Our Accounting Software.

To place an order and for more enquirers:

Call E.commerce Systems International

+234 (0)8034780061, +234 (0)8026030456

 Email: info@eproafrica.com

Website: www.eproafrica.com

First-class Support for Every Country

We understand the frustration users experience when they discover their software doesn’t work properly in their country. That’s why Our Accounting Software  has been designed to adapt to any country. Our software is being translated to multiple languages. It supports local tax codes, local date formats, local currency formats, country-specific tax reports and more. Accounting principles are universal and there is no reason why universal accounting software shouldn’t be suitable for all countries. We are more committed to delivering universal accounting software than any other accounting software developer in the world.

Convention over Configuration

We are developers and would love to create the most flexible software available, but flexibility comes at price. While users want flexible software, they don’t want to spend hours trying to understand how to configure everything before using their software. That’s why we work hard to come up with the best conventions that work for most people. That doesn’t mean we will leave you out if you have custom requirements or different preferences. You can always override any convention.

The Last Responsible Moment

Traditional accounting software requires you to enter opening balances, setup chart of accounts, configure tax variables, select when your financial year starts and so on before you can issue your first invoice or record a payment. This is not needed because accounting software doesn’t require all of these set up actions before you are able to simply issue an invoice. Our Accounting Software doesn’t impose onerous set up before getting started. For example, Our Accounting Software doesn’t need the financial year starting date until the financial year ends which can be a whole year after you start using the program. This greatly reduces the options to decide on and the actions to take before users are able to get started.

Striving for Simplicity

We’re never done with simplicity. We aim to make Our Accounting Software easier to use with every upgrade. Our goal is to develop accounting software that is simple enough to use without a manual but provides guidance in case you have the slightest uncertainty anywhere within the program. We want everything to flow smoothly without any need for you to stop and think while using Our Accounting Software.

To place an order and for more enquirers:

Call E.commerce Systems International

+234 (0)8034780061

 Email: info@eproafrica.com

Website: www.eproafrica.com

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5 Tips for Getting Your Credit Utilization Rate in Check

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You may have heard the expression, “Just because you can doesn’t mean you should.” These words of advice are definitely applicable when it comes to credit cards — just because an account’s upper limit is higher than its current balance doesn’t mean it’s wise for the cardholder to keep spending until they max it out.

 

Why? Because utilizing more than 30 percent of your available balance on any individual card — or across all of your cards — makes you appear riskier to lenders. It gives the impression you may be depending on credit cards to get by. This measure is called your credit utilization rate and having a high percentage of credit in play can start to drag down your credit score.

 

Here are five tips for getting your credit utilization rate in check if it starts to creep northward of 30 percent or so.

 

Make Payments More Than Once Per Month

Adjusting your credit card payment schedule from once per month to every two weeks can help. This simple action helps bring your balance down more quickly, and lower balances tend to lower utilization rates. As Experian notes, utilization rate is actually the second biggest factor lenders consider when calculating credit rating.

 

If you’re used to paying $300 once at the end of the month, try instead paying $175 or $200 twice per month. This may require jostling around your budget to come up with the extra funds, but this slight increase will slash your debt faster and help pull your utilization back into the safe zone, too.

 

Ask for a Credit Line Increase

Another way to go about optimizing your utilization rate is to ask for an increase on one or more credit lines. First, check to see whether your lender has already approved you for a higher limit. If no automatic increase has been granted to your account, you’ll have to put in a request. You’ll have a better chance of hearing a “yes” from lenders if you’ve made timely payments in the past.

 

It’s important to keep in mind this strategy only works if you avoid running up your balance, even with a higher limit in place.

 

Pay More Than the Minimum Due

Paying more than the minimum amount due is another way to chip away at balances more quickly, especially if most of your minimum payments are going toward interest fees rather than tackling the core balance.

 

However, as many Freedom Debt Relief reviews note, many cardholders are unable to pay more than the minimum — or may even fall behind on minimum payments — following financial hardship like divorce, medical bills or layoffs. If your credit utilization is high because you’re unable to keep up on credit card payments, it’s time to revisit your budget and speak with a credit counselor qualified to offer advice on how you can get back on track.

 

Avoid Closing Old Credit Accounts

While closing old credit accounts you haven’t used in a while may feel like cleaning house, it can adversely affect your credit utilization — and thus your score. Shrinking your available pool of credit means your utilization percentage will rise, even if your balances remain the same.

 

As long as there’s no annual fee on old accounts, it usually doesn’t hurt to keep them open. In fact, it’ll help your credit in terms of lengthening your history, too.

 

Open a New Credit Card

Last, but perhaps riskiest, is opening a new credit account. However, it’s only prudent to do so if you can keep spending very low on this card. This can do more harm than good if you’re tempted by the allure of an available balance.

 

It’s worth looking into what you can do to lower your credit utilization rate. Keeping it below 30 percent will help your credit score; while exceeding this cap can start to negatively affect it.

 

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Smart tips for Dealing with Debt Effectively

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Whether big or little, you have to deal with your debt to make sure it doesn’t get out of control. Living with denial as a money borrower will not only increase your money woes but anxiety as well. Getting out of debt is one of the vital steps to reach your personal or business-related financial goals. You are not alone if you are in debt but paying it off as soon as possible is the only way to save money for a happy living. Everyone who gets rid of the debt often combines different strategies and tactics for dealing with debt.

In this article, there are some smart tips for businesses and individuals deal with debt.

 

How Much You Owe

In order to pay all your debts off, you need to know the exact owed amount. Make a list of all your debts with essential details like the name of the creditor, interest rate, amount of the debt, due date, and monthly payments to be made, etc. in an organized manner. It will allow you to see the bigger and clear picture of your debts. Whether you want to get rid of existing debts for better credit scores or further in need of a loan to manage financial needs, getting all the debt details at a place lets you create a debt repayment plan accordingly.

 

Pay Your Bills on Time

Late payments or forgetting to pay bills can make it harder to pay your debts off. Missing two or more payments in a sequence increases the finance charges and interest rate as well. That is the reason, be careful about monthly bill payments and always be on time to pay. For this purpose, you can schedule monthly payments by using a money management app or any other fintech solution. Setting reminders and alarms is another best way to stay on top of all monthly payments. In this way, you are not only able to make monthly payments on time but your credit scores increase also.

 

Pay more than the Minimum

Making payments more than the minimum is one of the smart tips for dealing with debt. If you are using a debt repayment plan and have monthly payment figures on hand, you should try to pay more than the figures you have. It will not only help you save many bucks on the lower interest rate but will also boost the debt repayment process incredibly. However, be sure to check with the creditor to ensure that they don’t charge any prepayments.

 

Give a Try to Debt Snowball

If you cannot pay more than the minimum towards monthly payments, then you can opt for a debt snowball method to speed up the debt repayment. It requires you to list the debts from a smaller amount to bigger. Then, throw your money towards the smallest amounts first and move towards the bigger one. Over time, small payments will disappear soon one by one and will help you move towards the bigger amounts to get rid of all your debts in a short span of time.

 

Sell Unnecessary Things

When you are struggling with debts and want some extra money to pay them off quickly, selling the unnecessary things around can gather a handsome amount of bucks that you can use to pay the debt off. Take a look around and find out the things that are useless for you and you can live without. Visit the market and sell these things to collect money that can go towards loan repayment. There are so many online places where you can sell used items on good rates. You can also hold a yard sale on Facebook to find good customers for things around.

 

Identify Spending Habits and Make Changes

According to experts, retail therapy is one of the best ways to deal with debt stress and to get rid of debts quickly. When we are overwhelmed, we are more likely to spend on things to feel better but these can relieve stress in the short term and can end up with financial pitfalls. It is the place where we need to identify spending habits and prevent mindless spending to save money for debt payment. Think about the things that you can live without and stop spending on those. Also, find the financial areas where you can cut down to build funds for quick debt repayment. If you are comfortable with a standard car, then sale out your luxury car and send the extra money towards loan repayment.

 

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The Cost of Living: Finances and Comfort

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Have you ever wondered how much it costs to live every day? And by living we mean our day to day expenses. If for instance, we had a financial advisor keeping track of your day to day expenses how much would that cost? For the number of years that you have lived have you ever really thought about the cost of loving?

The cost of life

As we go about our day to day lives, we buy, we live, and we spend. That is why it is very important for us to always keep track of our finances, just like online betting ca. And that is also why we have a retirement plan because we want to make surethat even when we are older, we try to live a life of comfort.

We have budgets, we have loans and credit schemes all to make sure that our youth and adult life, we live the best lives that we can. And all this accredited to the cost of living, or rather should we say the need of comfort?

How the need for Comforteffects of finances

We all want to live comfortably. As we mentioned earlier that is why we even save up for retirement. So, one can easily say that is it because of this need for comfort that our finances are depleted every day. Even when it comes to games, we realised that the arcades were not comfortable so we created online versions of them. That is why we have best usa casinos onlinegames . So that you pay in the comfort of your home. You see, it all seems to go down to the need for comfort.

The mortgages that we take, the loans and the jobs that we have. It all because we want to live in comfort. And because we want to live in comfort, we will do all that it takes. Even if it means working 24 hours a day, 7 days a week and 365 days a year all just because we want to live in comfort.

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