


Common Issues in Travel Agencies Industry
| Easy And Fast Purchases | ||
|---|---|---|
| ● | Long queuing times for customers when travel agency launches special promotions. | |
| ✓ | iBS self-service vending system offers an instant online purchase function which can reduce customers’ waiting time in branches. | |
| Emergency Notices | ||
|---|---|---|
| ● | There are lots of unpredictable and emergency situations related to the Travel industry, leading to overwhelming volumes of enquiries at the same time. | |
| ✓ | iBS self-service vending system is equipped with a notice function, which effectively provides a variety of general and emergency notices. It is a flexible, convenient and quick way to let customers know the most up-to-date information. | |
| Attendance And Salary Calculations | ||
|---|---|---|
| ● | Payroll calculations are cumbersome and time-consuming to handle manually with a large amount of attendance and absence data. The calculations can be complex when handled in accordance with labour laws. | |
| ✓ | Calculations are made quick and easy by using customised payroll formulas in the system which is much more time effective. | |
| Tax Return | ||
|---|---|---|
| ● | There is a lot of tax return filing and paperwork checking at the year end. | |
| ✓ | The IR56B, IR56G, IR56F and other tax return forms can be generated from the system. The system can also automatically calculate MPF and supports electronic tax filing. | |
| Financial Statements | ||
|---|---|---|
| ● | All industries need to generate financial statements in different formats, and at year-end it takes time to process the statements and deliver them to the auditing firm to audit the accounts. | |
| ✓ | Accountants are able to generate a wide range of financial statements, or create their own financial statement formats without additional cost by using the Financial Accounting Management System. | |
| Bank Reconciliation | ||
|---|---|---|
| ● | It often takes a considerable amount of time to ascertain whether bank cheques have been credited or cashed | |
| ✓ | The bank reconciliation worksheets, bank reconciliation statements and monthly bank statements are all available in the financial system, so you can check everything at a glance. | |
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