About FINACCT ERP
FINACCT ERP is an accounting and finance software from Peacksoft that supports business management needs. It combines accounting, payroll, inventory management, e-filing, and compliance features so organizations can manage their financial operations effectively. With capabilities in VAT center management and business management solutions, FINACCT ERP provides a comprehensive system for businesses to track and report their financial activities. Its user-friendly interface allows for easy navigation and management of key financial processes. Key capabilities: FinAcct Accounting FinAcct Payroll FinAcct Inventory Business Management Solutions VAT Center Best for: businesses that need an integrated solution for accounting and finance management.
FinAcct ERP by Peacksoft is a comprehensive, cloud-based solution offering end-to-end management for SMBs across finance, inventory, payroll, and statutory compliance. Key financial features include multi-currency accounting, detailed job costing, and automated VAT/GST-compliant invoicing, making it a robust, globally-focused system that provides real-time reports like the Cash Flow Statement and Balance Sheet. It also facilitates seamless business continuity through bulk data import functionality. The deployment of FinAcct is purely Cloud Hosted (SaaS) and web-based, providing "anywhere, anytime" functionality and strong compatibility across various devices, including Android. User feedback praises the interface as user-friendly and intuitive, contributing to high satisfaction. Performance is supported by a robust SQL and NoSQL data model, ensuring reliable and fast transaction processing for daily operations. FinAcct operates on an affordable subscription-based model, offering excellent value as a lower-cost, integrated ERP alternative. While its core functionality is strong, deeper integration with all external systems may be limited. For current pricing details and package options, please contact Peacksoft directly for a quote.
Pros & Cons
- +Provides complete cloud access, allowing users to manage finances from anywhere.
- +Offers comprehensive modules covering accounting, payroll, and inventory in one suite.
- +Supports VAT and GST compliance for multiple regions, aiding legal financial reporting.
- +Simplifies migration by allowing imports from other accounting software.
- +Enables detailed financial control through budgeting and variance analysis tools.
- +Supports multiple currencies for international business operations.
- −No clear marketplace or app store for third-party extensions or plugins.
- −Integration with other major business tools is not documented or confirmed.
- −Pricing details are not clearly published on the official website.
- −Limited visibility into on-premise or hybrid deployment options.
- −Lack of API information for developers or customization.
Features
Key features
- Multi-Currency Accounting
- Enables handling of multiple currencies for global transactions and reporting.
- VAT-Compliant Invoicing
- Allows generation of VAT-compliant service invoices for tax adherence in GCC and other regions.
- Budgeting & Variance Analysis
- Supports budget creation and comparison of actual performance versus planned budgets.
- Bank Reconciliation
- Provides both automatic and manual bank reconciliation for accuracy in financial records.
- Cost Centre & Job Costing
- Tracks expenses by project, department, or job for detailed financial analysis.
- Trade Payables & Receivables
- Manages vendor and customer transactions to monitor outstanding balances efficiently.
- Glance Summary Dashboard
- Displays an at-a-glance view of accounts and business financial status in real time.
Additional features
- Bank, Cash, and Contra Transactions
- Records day-to-day financial activities with ease and accuracy.
- VAT-Compliant Service Invoice Generation
- Creates invoices adhering to local VAT/GST standards.
- Provisional Journal Entries
- Allows creation of temporary journal entries for adjustments and forecasting.
- Budget Management & Variance Tracking
- Helps control finances by comparing planned vs. actual expenses.
- Auto/Manual Bank Reconciliation
- Reconciles bank statements to detect mismatches or pending transactions.
- Multi-Currency Accounting
- Facilitates operations across countries by supporting multiple currencies.
- Resource Billing to Clients
- Tracks billable resources and generates client invoices automatically.
- Cost Centre, Category, and Job Costing
- Allocates costs accurately across projects or business units.
- Group & Ledger Master Import
- Enables bulk upload of existing account data for faster setup.
- Import Bank, Cash, and Sales Transactions
- Simplifies data entry through easy import of transaction files.
- Data Import from Other Software
- Provides compatibility for migration from previous accounting tools.
- Summary Dashboard
- Offers a snapshot of overall business financial health and KPIs.
- Trade Payables & Receivables Management
- Tracks outstanding payments and ensures better cash flow control.
- Cash Flow Statement
- Displays cash inflows and outflows for financial monitoring.
- Balance Sheet Generation
- Automatically compiles company assets, liabilities, and equity positions.
- Profit & Loss Account
- Calculates overall business profitability in real-time.
- Age-Wise Analysis
- Analyzes due invoices or payables based on their age brackets.
- Variance Analysis
- Identifies performance deviations between projected and actual outcomes.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About FINACCT ERP
FINACCT ERP is an accounting and finance software from Peacksoft that supports business management needs. It combines accounting, payroll, inventory management, e-filing, and compliance features so organizations can manage their financial operations effectively. With capabilities in VAT center management and business management solutions, FINACCT ERP provides a comprehensive system for businesses to track and report their financial activities. Its user-friendly interface allows for easy navigation and management of key financial processes. Key capabilities: FinAcct Accounting FinAcct Payroll FinAcct Inventory Business Management Solutions VAT Center Best for: businesses that need an integrated solution for accounting and finance management.
FINACCT ERP Details
FINACCT ERP's In-App Market Place
Does FINACCT ERP have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), INR (₹), AUD (A$), CAD (C$), JPY (¥), CHF (CHF), CNY (¥), HKD (HK$), SGD (S$), NZD (NZ$), SEK (kr), AED (د.إ)
Pros & Cons
- Provides complete cloud access, allowing users to manage finances from anywhere.
- Offers comprehensive modules covering accounting, payroll, and inventory in one suite.
- Supports VAT and GST compliance for multiple regions, aiding legal financial reporting.
- Simplifies migration by allowing imports from other accounting software.
- Enables detailed financial control through budgeting and variance analysis tools.
- Supports multiple currencies for international business operations.
- No clear marketplace or app store for third-party extensions or plugins.
- Integration with other major business tools is not documented or confirmed.
- Pricing details are not clearly published on the official website.
- Limited visibility into on-premise or hybrid deployment options.
- Lack of API information for developers or customization.
FINACCT ERP's Support Options
Email Address
info@peacksoft.comContact
+91 9900607800FINACCT ERP's Alternatives
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