Best Accounting Software Review
#1 Interprise Suite                                                                       
Review date: 01.02.2012

Description:

Designed to work seamlessly for small to medium businesses, this fully integrated, robust and affordable solution offers an enterprise level of functionality. In addition, it integrates all your backend operations with retail and e-commerce, low cost solution for SMB.

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Price:

$995 USD per user

Advanced Features:

  • Ability to run reports
  • View available inventory and pricing
  • Detailed manuals and numerous demos
  • Invoicing, stock control with CRM included
  • Fully fledged .NET application
  • Workflow diagrams and wizards options
  • Comprehensive reports
  • Source code fully available
  • Built on Microsoft platform
  • Low cost solution for SMB.
  • Pricing strategy for 1-10 user licenses

Review:

Best of all, modules are easy to move between by the simple clicking of a button.
  • Enables you to track hours and write checks.
  • You may use the product as long as you like and without restriction.
  • Integrated business logic accounting, with user roles, access rights, and tailorable menus.
  • Enables to manage deposits after you receive your payments.
  • Single-user package includes a free download.
  • Offers a wide range of features programmed using Microsoft's .NET 2 Framework.
  • Runs under a database using SQL Server Express or SQL Server.
  • Basic system including modules for accounting, banking, inventory management and VAT returns available.
  • Free single-user version up to one for 25 users.
  • Creates an unlimited number of warehouses to store inventory and assign them.
  • Fully integrated with Point of Sale and E-Commerce module.
  • Support with maintenance plan or pay per incident basis.
  • Software As A Service (SAAS) model.
In addition, Interprise Suite has the lowest price point for an ERP software. For this reason we rate this product recommended.

#2 Asset4000                                                                               
Review date: 01.05.2012

Description:

This web-based fixed asset management system is ideal for any organization that requires remote access to its asset register. Moreover, you can view, add and edit fixed asset records from any remote location.

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Price:

From $50 per tax year

Advanced Features:

  • Conversions and updates
  • Detailed spend analysis
  • Average Cost Accounting Methods
  • Advanced aspect of fixed asset accounting
  • Low cost fixed asset management software
  • Configurable depreciation software
  • Easily access a complete audit trail
  • Set user-defined data
  • Adapt to the familiar Windows interface
  • Comply with governance regulations

Review:

Best of all, this module provides a portfolio of internationally agreed depreciation methods without requiring users to add their own formula.
  • Ability to create custom reports.
  • Enables to manage budgets, projects and invoices.
  • Zero footprint installed on the client PC. Comply with corporate governance regulations such as Sarbanes-Oxley.
  • Provides detailed reports for you to manage your business
  • Utilize live asset information with user-selected expenditure models.
  • Offers tax options to enable the extraction of depreciation and amortization calculation.
  • Conduct full and partial asset disposals. Maintenance management.
  • Allows organizations to consolidate multiple registers for group reporting purposes.
  • Total control over both finance and operating leases.
  • Reports can be produced for each accounting book set up within the system.
  • Quickly add new asset details in a single input screen.
You may establish individual or group access rights for security purposes including an easily access a complete audit trail with history and actions performed by all users.

#3 Mac Accounting Software                                                        
Review date: 01.10.2012

Description:

Macintosh and Windows users can work on a single data file at the same time. Either a Mac or Windows server can be used to host the data file. Connected is best suited for businesses growing out of entry level solutions.

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Price:

Download free demo

Software Summary:

Offers online training using WebEx conferencing technology.

Main Features:

  • Free evaluation copy
  • Discount option for early payment
  • Discount option for early payment
  • Generic invoice comments
  • Partial and short payments
  • Item Sales History
  • Customer aging and credit limit analysis

Review:

All Connected Reports can be sent to screen, printer, pdf, text file, spreadsheet. This is a true cross-platform solution.
  • The program comes with full embedded support.
  • Builds on the core accounting aspects by adding powerful inventory, job costing.
  • Mac Accounting with OS 10.5 Leopard compatible version.
  • A new option for Reminders has been added.
  • In previous versions of Connected, tracking numbers could be assigned when shipping a sales order.
  • The new Quick Pay check option that was added in version 5.3.
  • New graphical interface has been designed for use with Connected ODB server software.
  • Designed for both Mac and Windows operating systems.
If you are using the multi-user version of this software you must install the new version on each individual workstation. Please note that only one computer can be accessing your data during the reorganization process. In addition, you can complete an online form to register for your free evaluation copy of the latest Connected release.
#4 AccountMate Software                                                           
Review date: 01.05.2012

Description:

This software provides complete invoicing, receivables, customer and inventory management system. In addition, inventory control integrates and increases the functionality of the accounts receivable and sales order.

Screenshots

Price:

Free demo

Software Summary:

It allows you to print work orders, routing slips, production slips and a wide variety of reports

Main Features:

  • Blanket Sales Orders
  • Flexibility in Line Item Entry
  • Generate Recurring Sales Order
  • User-Defined Payment Code
  • Modules available for Microsoft SQL and LAN

Review:

Ability to set up minimum prices, multi-currency pricing, and pricing based on the last sales order or invoice price for a defined period.
    The software can also create custom invoices.
  • Allows you to create categories for inventory items.
  • The module COntact Managerstores all business and financial data about contacts and customers.
  • The Purchase Order system can be integrated with AccountMate 6.0.
  • Includes price maintenance in one menu location, unlimited simultaneous pricing by quantity and price code.
Overall, this application provides the ability to track units of lot-controlled items from purchase or production through inventory and sale and purchase order modules. In addition to that, the pricing control module integrates with AccountMate’s sales order, accounts receivable and inventory control applications.

#5 Inventory Management Software                                          
Review date: 01.08.2012

Description:

Designed exclusively for medium to large-sized mid-market businesses with 10 to over 1,000 employees, this software includes advanced budgeting, advanced allocations, multicurrency management, currency trader management.

Screenshots

Price:

From $1200.00 per user

Software Summary:

Enables you to package a group of inventory items as kits, and to track the kits as they are sold to customers.

Main Features:

  • Inventory quantity information per location
  • Summarize accounts by category
  • Design a financial statement format
  • Easily recreate the distribution of any entry
  • Retain an unlimited number of years of data

Review:

General Ledger offers many ways to help you easily complete the myriad and complex tasks. These financial statements, supporting schedules and associated reports are critical for timely decision-making.
  • This software can track items by product. Can be used for storing location.
  • You are able to generate reports on item pricing, stock status, detailed sales history, backorder information.
  • Easily select serial numbers during an inventory transfer.
  • Compatible with almost any Windows Mobile 5 or newer device and offers a batch or wireless-based inventory software.
  • You have the flexibility to choose your hardware and your budget.
The program automatically applies cash receipts against the oldest invoices or against specific invoices. It allows you to post miscellaneous cash receipts directly against general ledger accounts and process any prepayments against invoices not yet recorded.
#6 TurboCASH Accounting                                                           
Review date: 01.04.2012

Description:

This free software accounting software package was released under the GNU General Public License in 2003.

Screenshots

Price:

Freeware

Software Summary:

All transaction data (source documents i.e. cash slips, deposits, cheques, invoices) are sorted.

Main Features:

  • Ability to add custom fields
  • Report Writer and Point of Sale
  • Open source accounting package
  • Full reporting and analysis
  • Can be configured for any country
  • VAT accounting

Review:

Once transactions have been posted to the ledger, a trial balance can then be generated giving you a list of the accounts.
  • Enables developers to extend the system.
  • You may start to use it at any point in the normal course of your business.
  • TurboCASH will automatically update the Debtors Control and the Creditors Control Accounts with the totals.
  • It allows you to reconcile your bank accounts before you update or post your Payments and Receipts Journals to the ledger.
Please note that although the Turbo CASH accouting software is free, support is not.
Best Accounting Payroll Software Comparisons
  • Selecting the best accounting software for your organization is one of the most critical business decisions you face. Beyond that, the system should also offer the components you need in order to run your business efficiently.

    This is why, we have ranked and organized detailed information on accounting software packages in order to save you time and money.

    This one should mesh with your existing business practices and adapt to technological innovations.

    See Side by Side Comparison


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