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Overview
Accountly is designed to manage finances, streamline bookkeeping, and simplify tax season for businesses. Despite requiring some external help to set up the tool initially, its comprehensive feature set provides significant value for users. Accountly software is a compelling choice for companies seeking a powerful and intuitive financial management tool.
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Starting Price
Custom
Accountly Specifications
- Financial Reporting
- Invoice Management
- Expense Tracking
- Tax Management
What Is Accountly?
Accountly is a cloud-based and mobile-based financial management tool that offers automated bookkeeping, simplified invoicing, and comprehensive reporting features for its users. The vendor helps businesses effectively track income and expenses, ensuring accurate financial records. It resolves problems that come with manual data entry and complex tax preparation, making it easier to maintain financial health for self-employed individuals, especially those residing in Canada.
Accountly Pricing
Disclaimer: The pricing is subject to change.
Accountly Integrations
Who Is Accountly For?
Accountly is ideal for the following sectors and industries:
- Retail
- E-commerce
- Manufacturing
- Real estate
- Construction
- Professional services
Is Accountly Right For You?
If you are a freelancer or a small business owner, then Accountly can be a compelling choice. The platform’s AI-powered receipt capture automatically saves data and minimizes the risk of human error. Its focus on accurately filling out the T2125 tax form for users makes it a solid choice to fulfill various accounting needs.
Still doubtful if Accountly is the right fit for you? Connect with our customer support staff at (661) 384-7070 for further guidance.
Accountly Features
Invoicing
Accountly’s invoicing feature allows businesses to create and send professional-looking invoices to clients. It includes options for customizing templates, setting up recurring invoices, and tracking payment statuses, which helps accelerate the payment collection process and improve cash flow.
Reporting And Taxes
The reporting and taxes feature generates detailed financial reports, including profit and loss statements, balance sheets, and cash flow reports. These insights provide the data needed for informed financial decisions and simplify tax preparation for the users.
Collaboration
Accountantly enables seamless collaboration with an accountant by providing them with secure access to the user’s financial data. This facilitates a quick review of the user’s financial books and ensures accurate tax filings without the need to share physical documents.
Receipt Capture
This feature automates the process of expense tracking by allowing users to upload bills and receipts directly from their phone. The AI then extracts key data, such as vendor, date, and amount, and seamlessly integrates it into the accounting system with precision.
GST/HST Tracking
The tool eases tax preparation by automatically calculating totals for forms like the T2125 Tax form. This includes GST/HST tracking and reporting, allowing for easy review and validation by the user or their accountant.
Pros And Cons of Accountly
Pros
Quick and easy setup
Comprehensive reporting features
User-friendly interface
Cons
Relies on a stable internet connection
Limited access for non-admin users
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Frequently Asked Questions
What language does Accountly support?
Accountly supports the English language.
Does Accountly offer an API?
Accountly does not publicly disclose any information regarding its API.
Does Accountly have a mobile app?
Yes, Accountly does offer a dedicated mobile app for both Android and iOS users.
What types of Accountly pricing plans are available?
Accountly pricing starts at $8.00/month (billed annually) or $9.99/month. Request a custom Accountly cost estimate specific to your requirements.
What other apps does Accountly integrate with?
Accountly features as an online and mobile tool, but does not list any native integrations with third-party tools or platforms.
Who are the typical users of Accountly?
Typical users include retail, e-commerce, manufacturing, real estate, construction, and professional services industries.
What level of support does Accountly offer?
Accountly offers support via email. Users can also read their blogs to find more tips about using the platform.