Last Updated
Overview
Advanced Accounting is a comprehensive financial software with a solid point-of-sale module designed to streamline operations for small to mid-sized retailers and manufacturers. Despite having an older-looking interface, its extensive features and scalability justify the cost for businesses that need robust front and back-office functionality.
Overall Rating
Based on 10 users reviews
3.9
Rating Distribution
Positive
70%
Neutral
30%
Negative
0%
Starting Price
Custom
Advanced Accounting Specifications
- Financial Reporting
- Invoice Management
- Expense Tracking
- Tax Management
What Is Advanced Accounting?
Advanced Accounting is a highly scalable financial solution that is designed to offer comprehensive back-end customization for various types of retail and wholesale businesses. The software’s robust features, like its federal payroll management and ability to support hundreds of users, help businesses maintain accurate financial records and track performance across multiple locations. It's a powerful tool for companies with high transaction volume that require deep, industry-specific functionalities to stay competitive in the industry.
Advanced Accounting Pricing
Advanced Accounting pricing plans are as follows:
- Single user: $299
- Multi-user: $899
Disclaimer: The pricing is subject to change.
Advanced Accounting Integrations
Who Is Advanced Accounting For?
Advanced Accounting is ideal for the following sectors and industries:
- Retail
- Manufacturing
- Contracting
- Wholesale and distribution
Is Advanced Accounting Right For You?
Advanced Accounting is the best fit for small to mid-sized businesses that need a robust, integrated accounting solution without complex e-commerce interfaces. The tool's scalability is a standout feature, allowing it to easily grow with your organization. It also includes modules for point of Sale (POS), bills of material (BOM), and job costing that make it a strong financial management solution for companies.
Still doubtful if Advanced Accounting is the right fit? Connect with our customer support staff at (661) 384-7070 for further guidance.
Advanced Accounting Features
General Ledger
The General Ledger module tracks all financial transactions and balances, giving users a complete overview of their company's financial health. It provides a highly scalable system, offering a high degree of flexibility for businesses.
Accounts Receivable
This feature helps manage all aspects of customer accounts, including creating invoices, tracking payments, and generating statements. The tool also tracks customer history, ensuring that users have all the necessary information for effective collection calls.
Inventory Control
Advanced Accounting software provides robust tools for managing stock levels and tracking inventory across multiple locations. It includes a fast search option for products and offers a detailed analysis of sales history to help users manage stocks more effectively.
Payroll Management
The tool handles multi-location payroll and offers numerous user-defined fields for easy deduction tracking. It supports both federal and state tax tables, helping businesses stay compliant and efficiently manage employee compensation and withholdings.
Purchase Order Management
Advanced Accounting streamlines the procurement process by allowing businesses to create and manage purchase orders to their vendors. It helps track and organize vendor information, monitor orders, and receipts to maintain accurate financial records.
Pros And Cons of Advanced Accounting
Pros
Simplifies financial transactions and reporting
Robust multi-location payroll management
Comprehensive job costing feature for retailers and businesses
Cons
Requires external help to set up the tool
The tool may take longer than expected to process new accounting entries
Advanced Accounting Reviews
Total 10 reviews
3.9
All reviews are from verified customers
Rating Distribution
5
Stars20%
4
Stars50%
3
Stars30%
2
Stars0%
1
Stars0%
Share your experience
Accounting, 101-500 employees
“Easy to Use Tool”
Pros
The advanced features excel in handling industry specific accounting requirements. I especially appreciate how well it collaborates with my financial data and supports creating detailed balance sheets.
Cons
Everything has been running smoothly for me and I haven't experienced any problems so far.
Rating Distribution
Ease of use
8
Value for money
9
Customer Support
8
Functionality
8
Accounting, 500+ employees
“Great accounting tool but bit costly”
Pros
Tracking financial transactions and producing reports has been a easy process for me since using this system. The compliance with accounting standards and assembling capabilities have helped simplify my workflow significantly.
Cons
Properly setting it up took a significant amount of time and money. Plus, training our team on all the features ended up costing more than we initially expected.
Rating Distribution
Ease of use
7
Value for money
7
Customer Support
6
Functionality
7
Management Consulting, 101-500 employees
“Top Accounting Solution”
Pros
I feel like handling complex accounting matters, like business combinations and gatherings, has become much more manageable with this software. I really appreciate its ability to support these advanced scenarios efficiently.
Cons
The application process feels quite restrictive for me, as it is inaccessible to some people who might want to use it.
Rating Distribution
Ease of use
9
Value for money
9
Customer Support
9
Functionality
9
Frequently Asked Questions
What language does Advanced Accounting support?
Advanced Accounting supports the English language.
What level of support does Advanced Accounting offer?
Advanced Accounting offers support via phone and email.
Who are the typical users of Advanced Accounting?
Typical users include retail, manufacturing, contracting, wholesale, and distribution industries.
Does Advanced Accounting offer an API?
Advanced Accounting does not publicly disclose any information regarding its API.
What types of Advanced Accounting pricing plans are available?
Advanced Accounting offers two pricing plans: Single user ($299) and Multi-user ($899). Receive a tailor-made Advanced Accounting cost estimate specific to your needs.
What other apps does Advanced Accounting integrate with?
Advanced Accounting features as a downloadable tool, but does not list integrations with third-party tools or platforms.
Does Advanced Accounting have a mobile app?
No, Advanced Accounting does not offer a dedicated mobile app.