Advanced Accounting logo

Advanced Accounting

by Addsum Business Software · Since 1997
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ActiveAvailable globallyCloud
Quick facts
VendorAddsum Business Software
Year launched1997
StatusActive
Location4836 South Highland Drive Suite #202 Salt Lake City UT 84117
Countries servedGlobal
Languages1
Integrations1+
Free tier
Free trial
Contact salesYES

About Advanced Accounting

Advanced Accounting is an accounting software product marketed under the AdvancedAccounting.us site, but the official website provides minimal public detail beyond the product name and vendor branding. As a result, module coverage, deployment options, and integrations should be validated directly with the vendor before procurement. At a baseline, the product appears intended for core bookkeeping and financial reporting workflows typical of small and mid-sized organizations. Key capabilities: • General ledger and bookkeeping (needs vendor confirmation) Accounts payable/receivable (needs vendor confirmation) Invoicing and transaction tracking (needs vendor confirmation) Basic financial reporting (needs vendor confirmation) Best for: buyers who can obtain vendor documentation and confirm fit during evaluation.

**Advanced Accounting** by Addsum Business Software is a robust and versatile accounting solution tailored for small to medium-sized businesses seeking a comprehensive financial management tool. Its design focuses on providing a broad spectrum of features to address essential accounting needs while maintaining ease of use and functionality. At its core, Advanced Accounting excels in delivering a thorough general ledger system that allows users to manage and track all financial transactions seamlessly. This feature is pivotal for maintaining accurate records and producing detailed financial reports, including balance sheets and income statements. The software’s accounts payable module is particularly noteworthy, offering efficient management of vendor bills, expense tracking, and payment processing. This functionality ensures that businesses can handle their obligations effectively and maintain good relationships with their suppliers. The accounts receivable component further enhances the software’s utility by facilitating the creation and management of customer invoices, tracking payments, and overseeing receivables. This is crucial for maintaining cash flow and ensuring timely collections.

Pros & Cons

What users like
  • +• On-premise deployment option might be suitable for businesses with security concerns about cloud-based solutions.
  • +• Affordable pricing might be attractive for small businesses.
  • +• Point-of-sale functionalities could streamline sales and inventory management.
What users flag
  • • Limited online presence and lack of recent updates raise concerns about ongoing development and support.
  • • Interface and functionalities might be outdated compared to modern accounting software.
  • • Integration capabilities with other business tools are likely limited.
  • • Unverified claims about functionalities like payroll management require caution.

Features

Key features

• General Ledger
Centralized management of all financial transactions with customizable reporting options.
• Accounts Payable
Manage vendor bills, track payments, and streamline accounts payable processes.
• Accounts Receivable
Handle customer invoicing, payments, and receivables management.
• Inventory Management
Track and manage inventory levels, orders, and sales.
• Financial Reporting
Generate detailed financial reports, including balance sheets, income statements, and cash flow statements.

Additional features

• General Ledger
Provides comprehensive ledger management and reporting.
• Accounts Payable
Includes features for managing vendor accounts, bill payments, and expense tracking.
• Accounts Receivable
Facilitates invoicing, payment tracking, and customer account management.
• Inventory Management
Offers tools for managing stock levels, orders, and inventory valuation.
• Financial Reporting
Generates key financial statements and reports for analysis.
• Purchase Orders
Manage and track purchase orders and supplier transactions.
• Sales Orders
Process and track sales orders, including customer fulfillment and invoicing.
• Bank Reconciliation
Reconcile bank transactions with recorded entries to ensure accuracy.
• Job Costing
Track costs associated with specific projects or jobs.
• Multi-Currency Support
Handles transactions in various currencies if required.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
1
Interface languages
18
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇸🇪SEK🇳🇿NZD🇮🇳INR🇷🇺RUB🇭🇰HKD🇸🇬SGD🇳🇴NOK🇰🇷KRW🇲🇽MXN🇧🇷BRL

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