Basic Bookkeeping logo

Basic Bookkeeping

by Owl Software · Since 1987
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorOwl Software
Year launched1987
StatusActive
LocationGranada Hills, California, USA
Countries servedGlobal
Languages7
Integrations
Free tier
Free trial
Contact salesYES

About Basic Bookkeeping

Basic Bookkeeping is a bookkeeping software from Owl Software that provides accounting, invoicing, billing, and investment management functionalities. It includes features like Help About, Frequently Asked Questions, Basic Bookkeeping, and Bookkeeping for Realtors so users can manage their financial records efficiently. The software is designed to be user-friendly, allowing small businesses and realtors to keep track of essential financial transactions without extensive accounting knowledge. Users have the opportunity to try the software before making a purchase decision. Key capabilities: accounting invoicing billing investment management user support Best for: small business owners and realtors that need straightforward bookkeeping solutions.

Basic Bookkeeping by Avanquest is a user-friendly accounting software designed for small businesses and freelancers. Its primary purpose is to streamline financial record-keeping processes and provide accurate insights into the company's financial health. One of its standout features is its simple interface, which makes it easy for users to navigate and input data efficiently. The user interface of Basic Bookkeeping is clean and intuitive, with easily accessible menus and buttons for common tasks. The design elements are minimalistic yet functional, enhancing the overall user experience. Users can quickly input expenses, income, and other financial transactions with just a few clicks, saving time and reducing errors in data entry. What sets Basic Bookkeeping apart from its competitors is its focus on simplicity and ease of use. The software offers essential accounting functionalities such as invoicing, expense tracking, and financial reporting, making it ideal for small businesses with limited accounting knowledge. Additionally, it provides basic inventory management features, allowing users to keep track of their products and services. In terms of performance, Basic Bookkeeping delivers in terms of speed, efficiency, and reliability.

Pros & Cons

What users like
  • +User-friendly interface for easy navigation and use
  • +Makes bookkeeping simple and manageable for small businesses
  • +Provides financial reports and summaries for quick decision-making
  • +Can track income and expenses efficiently
  • +Helps in organizing financial information and records accurately
What users flag
  • Limited functionality compared to more advanced accounting software
  • Limited user support and online resources for troubleshooting
  • Lack of integration with other software programs or platforms
  • Outdated interface and design, making it less user-friendly
  • Limited customization options for reports and financial statements

Features

Key features

General Ledger
Allows for the recording of all financial transactions, providing a complete view of your financial status.
Accounts Receivable
Manages customer invoices, payments, and tracking of outstanding amounts.
Accounts Payable
Handles vendor bills, payment processing, and tracking of what is owed.
Bank Reconciliation
Enables reconciliation of bank statements with recorded transactions to ensure accuracy.
Financial Reporting
Provides standard financial reports such as balance sheets, income statements, and trial balances.

Additional features

Journal Entries
Record and manage manual accounting entries.
Customizable Chart of Accounts
Tailor the chart of accounts to fit the specific needs of your business.
Recurring Transactions
Automate repetitive entries such as monthly bills or regular income.
Cash Flow Management
Monitor and manage cash flow to ensure liquidity.
Audit Trail
Keeps a record of changes to financial data for accountability and tracking.
Transaction Import/Export
Import or export data to and from other systems or formats.
User Permissions
Set access levels for different users to control data security and integrity.
Multi-currency Support
Handle transactions in different currencies if needed.
Tax Reporting
Generate reports necessary for tax filing and compliance.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
7
Interface languages
10
Billing currencies

Interface languages

EnglishFrenchItalianSpanishGermanDutchPortuguese

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇦🇺AUD🇨🇦CAD🇯🇵JPY🇨🇭CHF🇭🇰HKD🇳🇿NZD🇸🇬SGD

No reviews yet

Be the first to drop a review

Alternatives to Basic Bookkeeping

WebberMill Cloud Workspace logo

WebberMill Cloud Workspace

WebberMill Cloud Workspace is a workspace platform from WebberMill that provides a suite of business,…

Wave logo

Wave

Wave is an accounting software/platform from Wave Financial that provides tools for managing finances. It…

SparkERP Cloud logo

SparkERP Cloud

SparkERP Cloud is an ERP software from Sparkle Solutech that provides a advanced solution for…

QuikERP logo

QuikERP

QuikERP is an ERP software from QuikErp [designed to integrate various business processes]. It provides…

PeakBooks logo

PeakBooks

PeakBooks is a financial management software from PeakBooks that provides tools for tracking and managing…

ETBiller logo

ETBiller

ETBiller is a modern billing and invoicing platform focused on simplifying invoice management for businesses…

Often compared with Basic Bookkeeping

Compare any two tools →
WebberMill Cloud Workspace logo
WebberMill Cloud Workspace
Accounting
0.0
Wave logo
Wave
Accounting
0.0
SparkERP Cloud logo
SparkERP Cloud
Accounting
0.0
QuikERP logo
QuikERP
Accounting
0.0