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Travel Agencies

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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