Accounting Software-as-a-Service (SaaS) provides businesses with accounting and management tools to efficiently create and manage payments, bills, inventory, timesheets, and payroll. Accounting SaaS allows businesses to automatically create and send invoices, bill and receive credit card payments, track the time employees and contractors spend on projects, and produce detailed financial reports for management and executives. Small to medium sized businesses and accountants benefit from online accounting software because it eliminates the need for IT and is accessed anywhere, including smartphone apps for increased mobility. Financial data is kept secure and common transactions are automated, organized, and tracked, saving time and money. Multiple currencies and languages allow for business transactions in other countries. An extensive library of add-on modules provide for specific business needs and expand the capabilities of accounting software. Through on-demand organization and automation, accounting SaaS can streamline the financial management of any business.
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- Size of Companies Served: Small to Large Corporations and Accountants
- Accounts Receivable/Payable: Customizable invoices; Unlimited number of customers, suppliers, and products; Import functions for historical data, creating/updating customer and product lists, and supply lists; Invoice-to-payment matching; Templates and emails for quotes, invoices, reminders, etc; Automatic bank reconciliation
- Time Tracking and Management: Event logs; Default company settings for rapid deployment; Subsidiary management
- Reporting: Customizable charts; VAT reporting; Trial balance and P&L reports; Aged debtor/creditor analysis; Turnover statistics; Custom report designer
- Currency: Multiple currencies with automatic updates of exchange rates and booking of rate differences
- Size of Companies Served: Small businesses and Accountants
- Accounts Receivable/Payable: Automatically bill and charge credit cards including PayPal, FirstData, and more; Automatic late payment reminders to clients; Fee-based snail mail for invoices; Create/email estimates and convert to one-time/recurring invoices; Track expenses for projects/employees; Customize invoices and estimates
- Time Tracking and Management: Track time for employees and contractors; Monitor time spent on projects and generate invoices from time sheets; Use dashboards to see snapshots of progress; Monitor contractor timesheets at once, convert timesheets to expenses and limit what information contractors can see
- Reporting: Client access to own invoices and financial history; Produce reports for time spent on projects; Run reports to see profitable clients
- Currency: Multiple currencies available
- Size of Companies Served: Small businesses and Accountants
- Accounts Receivable/Payable: Automate invoices, estimates, bills, reports and checks. Create, customize and manage invoices; Track paid and unpaid invoices; Import existing customer info from Excel, Outlook, and Gmail; Import information from existing desktop Quickbooks; Convert estimates to invoices; Create, print, and track checks and automatically bill clients
- Time Tracking and Management: Manage and track payments, bills paid/unpaid, checks written/recieved, and credit card payments; Estimate future income and expenses; Give multiple users access to accounts with multiple levels of access; Customizable time sheets; Time-only access to time sheets for added security; Payroll management
- Reporting: Create custom reports from 60+ templates; Compare employee progress to other employees or industry average with charts, graphs and summaries
- Currency: Currently supports US dollar only
- Size of Companies Served: Small to Large Corporations and Accountants
- Accounts Receivable/Payable: Review and approve receipts; Pay bills while automatically creating and managing contact information for suppliers and customers; Automatically calculate sales tax returns; Schedule payments and batch pay suppliers; Import contact list from multiple sources; Create and send professional invoices automatically; Receive payments online via credit card or PayPal; Send bulk invoices and statements; Create credit notes
- Time Tracking and Management: Track stock movements for inventorying; Update fixed assets and depreciation schedules; Track pay runs and integrate with payroll systems; Budgeting tools available
- Reporting: Dashboards for specific accounts; Export snapshots to Excel or Google Docs or as a PDF; Monitor balances, sales, and upcoming bills; Instant real-time reports; 40 reports for simple to advanced financial information; Interactive payment graphs available
- Currency: Exchange rates for over 160 currencies with rate updates every hour
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