About TurboCASH
TurboCASH is a double entry general ledger software from TurboCASH that supports accounting for various business sizes. It provides features such as a multi-user wallet, community support, and product demos to help users manage their finances effectively. TurboCASH is designed for accountants and businesses, facilitating remote work through its accessible platform. The software includes support for multiple languages and offers resources through email and various social media platforms. Key capabilities: double entry accounting multi-user access community support product demos language support Best for: accountants and businesses that need comprehensive accounting solutions.
TurboCASH is an open-source accounting software designed to cater to the needs of small to medium-sized businesses. Its primary strength lies in its ability to provide a comprehensive suite of accounting tools at no cost, making it an attractive option for businesses looking for an affordable yet robust financial management solution. The software is developed and maintained by a community of contributors rather than a single vendor, which ensures that it evolves according to user needs and feedback. TurboCASH's flexibility and extensive feature set make it a valuable tool for managing financial operations efficiently. The user interface of TurboCASH is functional but can be somewhat overwhelming for new users. It embraces a traditional design with a focus on utility rather than modern aesthetics. The interface comprises various modules and menus, which, while comprehensive, can require a learning curve to navigate effectively. The layout is consistent with many accounting software solutions, offering access to features through a series of menus and toolbars.
Pros & Cons
- +Cost-Effective: TurboCASH is open-source and free to use, making it an excellent option for small to medium-sized businesses with limited budgets. It eliminates the need for costly licenses or subscriptions, which can be a significant financial benefit.
- +Comprehensive Feature Set: The software provides a wide range of accounting functionalities, including general ledger management, accounts payable and receivable, inventory management, and multi-currency support. This extensive feature set allows businesses to handle various accounting tasks efficiently within a single platform.
- +Customizable Reports: TurboCASH allows users to generate and customize financial reports according to their specific needs. This flexibility is valuable for businesses that require tailored reporting to monitor their financial health and performance.
- +Community Support: As an open-source project, TurboCASH benefits from a vibrant community of users and developers. This community contributes to the software’s development, provides support through forums, and creates documentation and tutorials, which can be very helpful.
- +Multi-Currency and Tax Compliance: TurboCASH supports multi-currency transactions and includes features for managing tax compliance, which is advantageous for businesses that operate internationally or need to adhere to specific tax regulations.
- −User Interface: The user interface of TurboCASH is considered outdated and less intuitive compared to modern commercial accounting software. New users may find it challenging to navigate and use effectively without a learning curve.
- −Limited Integration Capabilities: TurboCASH may have limited integration options compared to commercial solutions. Seamless integration with other third-party applications might require additional customization or manual processes, which can be a drawback for businesses using various software tools.
- −Lack of Formal Customer Support: Unlike commercial software with dedicated customer support teams, TurboCASH relies on community forums and user groups for support. While the community can be helpful, the absence of formal customer service may be a disadvantage for users who need immediate assistance or professional support.
- −Performance Variability: The performance of TurboCASH can vary depending on the user’s system and the complexity of the data being managed. Users with extensive databases or complex transactions may experience slower performance or require additional optimization efforts.
- −Updates and Maintenance: As an open-source project, TurboCASH's development and updates are driven by community contributions. While this can lead to frequent improvements, it may also result in inconsistent release schedules or features that are not as polished as those in commercial software.
Features
Key features
- General Ledger
- TurboCASH provides a detailed and flexible general ledger system that allows for comprehensive financial record-keeping.
- Accounts Payable and Receivable
- The software handles invoices, payments, and receipts, and can generate aging reports to track outstanding balances.
- Inventory Management
- TurboCASH includes inventory tracking features that help manage stock levels, track product movements, and generate stock reports.
- Multi-Currency Support
- It supports transactions in multiple currencies, making it useful for businesses that operate internationally.
- Financial Reporting
- The software generates various financial reports, such as balance sheets, profit and loss statements, and cash flow statements, to provide insights into the financial health of the business.
- Bank Reconciliation
- TurboCASH helps reconcile bank statements with the company’s accounting records to ensure accuracy.
Additional features
- Customizable Reports
- Users can create custom reports to meet specific business needs and preferences.
- Tax Compliance
- The software includes features for managing tax calculations and compliance, including VAT/GST reporting.
- User Access Control
- It allows administrators to set up user roles and permissions to control access to different parts of the system.
- Data Import and Export
- TurboCASH supports importing and exporting data in various formats, facilitating integration with other systems and data migration.
- Customizable Invoices and Documents
- Users can customize the appearance of invoices, statements, and other financial documents.
- Backup and Restore
- The software includes options for backing up and restoring data to prevent data loss.
- Recurring Transactions
- Manage recurring invoices and expenses to automate repetitive financial tasks.
- Job Costing
- Track and allocate costs to specific jobs or projects.
- Audit Trail
- Maintain a detailed log of all transactions and changes made within the system for audit purposes.
- User Manual and Support
- TurboCASH provides documentation and community support for troubleshooting and learning.
Pricing
Monthly plans
Single User Subscription
USD 19
Annual plans
Single User Subscription
USD 60
≈ USD 5/mo when billed annually
≈USD 5.00/mo when billed annually
Subscription
USD 200
≈ USD 16.67/mo when billed annually
≈USD 16.67/mo when billed annually
Countries & Languages
Interface languages
Billing currencies
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About TurboCASH
TurboCASH is a double entry general ledger software from TurboCASH that supports accounting for various business sizes. It provides features such as a multi-user wallet, community support, and product demos to help users manage their finances effectively. TurboCASH is designed for accountants and businesses, facilitating remote work through its accessible platform. The software includes support for multiple languages and offers resources through email and various social media platforms. Key capabilities: double entry accounting multi-user access community support product demos language support Best for: accountants and businesses that need comprehensive accounting solutions.
TurboCASH Details
TurboCASH's In-App Market Place
Does TurboCASH have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
14
Mini Apps
1. TurboCASH Payroll - A mini-app that allows users to manage payroll within TurboCASH
including processing salaries
generating payslips
and calculating deductions.
2. TurboCASH Inventory - A plugin that helps users track and manage their inventory within TurboCASH
including stock levels
orders
and sales.
3. TurboCASH Budgeting - A mini-app that assists users in creating and managing budgets within TurboCASH
including setting financial goals
monitoring expenses
and analyzing variances.
4. TurboCASH Reporting - A plugin that provides users with additional reporting options and customization features within TurboCASH
allowing for detailed financial analysis and performance tracking.
Pricing Options
Plans
Monthly plans
Single User Subscription
USD 19
Annual plans
Single User Subscription
USD 60
≈ USD 5/mo when billed annually
≈USD 5.00/mo when billed annually
Subscription
USD 200
≈ USD 16.67/mo when billed annually
≈USD 16.67/mo when billed annually
Accepted Payment Currencies
USD ($), EUR (€), GBP (£)
Pros & Cons
- Cost-Effective: TurboCASH is open-source and free to use, making it an excellent option for small to medium-sized businesses with limited budgets. It eliminates the need for costly licenses or subscriptions, which can be a significant financial benefit.
- Comprehensive Feature Set: The software provides a wide range of accounting functionalities, including general ledger management, accounts payable and receivable, inventory management, and multi-currency support. This extensive feature set allows businesses to handle various accounting tasks efficiently within a single platform.
- Customizable Reports: TurboCASH allows users to generate and customize financial reports according to their specific needs. This flexibility is valuable for businesses that require tailored reporting to monitor their financial health and performance.
- Community Support: As an open-source project, TurboCASH benefits from a vibrant community of users and developers. This community contributes to the software’s development, provides support through forums, and creates documentation and tutorials, which can be very helpful.
- Multi-Currency and Tax Compliance: TurboCASH supports multi-currency transactions and includes features for managing tax compliance, which is advantageous for businesses that operate internationally or need to adhere to specific tax regulations.
- User Interface: The user interface of TurboCASH is considered outdated and less intuitive compared to modern commercial accounting software. New users may find it challenging to navigate and use effectively without a learning curve.
- Limited Integration Capabilities: TurboCASH may have limited integration options compared to commercial solutions. Seamless integration with other third-party applications might require additional customization or manual processes, which can be a drawback for businesses using various software tools.
- Lack of Formal Customer Support: Unlike commercial software with dedicated customer support teams, TurboCASH relies on community forums and user groups for support. While the community can be helpful, the absence of formal customer service may be a disadvantage for users who need immediate assistance or professional support.
- Performance Variability: The performance of TurboCASH can vary depending on the user’s system and the complexity of the data being managed. Users with extensive databases or complex transactions may experience slower performance or require additional optimization efforts.
- Updates and Maintenance: As an open-source project, TurboCASH's development and updates are driven by community contributions. While this can lead to frequent improvements, it may also result in inconsistent release schedules or features that are not as polished as those in commercial software.
TurboCASH's Support Options
Email Address
philip@pinksoft.co.zaTurboCASH's Alternatives
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