FINACCT ERP logo

FINACCT ERP

by Peacksoft · Since 2015
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorPeacksoft
Year launched2015
StatusActive
Location30 Cecil Street #19-06 Prudential Tower, Singapore 049712, Singapore.
Countries servedGlobal
Languages11
IntegrationsN/A
Free tierN/A
Free trialN/A
Contact salesYES

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

Pros
  • 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.
Cons
  • 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

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
11
Interface languages
14
Billing currencies

Interface languages

EnglishSpanishFrenchGermanChineseArabicRussianJapanesePortugueseItalianDutch

Billing currencies

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

No reviews yet

Be the first to drop a review

Alternatives to FINACCT ERP

Zorg ERP logo

Zorg ERP

Zorg ERP is an enterprise resource planning software from Inabex that focuses on managing business…

Vulcan ERP Platform logo

Vulcan ERP Platform

Vulcan ERP Platform is a business management software from Vulcan ICT that supports organizational efficiency.…

UZASHOP POS logo

UZASHOP POS

UZASHOP POS is a point of sale software from Uzashop POS that powers business operations.…

TAYSSIR ERP logo

TAYSSIR ERP

TAYSSIR ERP is an enterprise resource planning software from TAYSSIR that supports business management. It…

Sylvia logo

Sylvia

Sylvia is a content management software from Sylvia that assists in managing digital assets. It…

SparkERP Cloud logo

SparkERP Cloud

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

Spot something wrong or outdated?

Suggest a correction — a reviewer verifies every change.

Often compared with FINACCT ERP

Compare any two tools →
Zorg ERP logo
Zorg ERP
Enterprise Resource Planning
0.0
Vulcan ERP Platform logo
Vulcan ERP Platform
Enterprise Resource Planning
0.0
UZASHOP POS logo
UZASHOP POS
Enterprise Resource Planning
0.0
TAYSSIR ERP logo
TAYSSIR ERP
Enterprise Resource Planning
0.0