Patriot Software Accounting is a cloud-based accounting solution for business owners and accountants to execute accounting processes in a reliable, accurate, and affordable manner. This easy-to-use tool lets you handle matters related to money without specialized training required. It streamlines cash flow monitoring, invoice generation, vendor and customer payment management, account reconciliation, and financial reporting.
The basic version of the software enables you to accept payments from customers via credit card and record them against the right invoices. You can also link bank accounts and automatically enter transaction data into your general ledger. Meanwhile, Patriot Software Accounting’s premium version enables you to transform estimates into invoices, match your bookkeeping records with financial statements, send automatic payment reminders, and import documents for transaction recording and updating.
You can generate various types of reports as well to gain full control over your business’ financial health. These include profit & loss, trial balance, balance sheet, accounts payable aging, invoice, and sales tax reports.
Show MoreSimplified Accounting Functions
Patriot Software Accounting does the heavy lifting for you so you can focus more on developing and growing your business than working with repetitive accounting functions. It allows you to create recurring invoices from templates and incorporate your own design and information, like logo, color, start and end dates, and frequency. These invoices are automatically emailed to customers on pre-set schedules. The software also helps users gain more free time by simplifying how they accept, record, and track customer payments.
You can integrate your bank or credit card accounts with the software. All activity, transaction, and payment data related to those accounts are instantly captured. Incoming payments will be automatically applied to the appropriate open invoices and products or services and recorded in the right general ledger accounts. With its account reconciliation feature, you’ll ensure your accounting records of assets, liabilities, and equities are consistent with financial statements.
Comprehensive Financial Health Monitoring
The accounting software provides a collection of reports you can utilize to easily monitor and manage your company’s finances. For instance, you can track all relevant details of income, profits, and expenses for any period. You can generate reports that enable you to check activities on specific accounts by any accounting method or basis you want. Through accounts payable aging reports, you can identify customers with outstanding invoice balances for 30, 60, and over 90 days.
Moreover, Patriot Software Accounting allows you to determine how much money you paid or owed to vendors. You can view a complete history of vendor payments with details, such as vendor name, transaction date, account category, and 1099 type. Reports on customer estimates, check transactions, account trial balances, and sales taxes can be created without any hassle as well.
Easy Document Management
Handling financial documents through the software is a breeze. With just a single click, you can generate estimates from existing invoices. Patriot Software Accounting also aids you in complying with IRS requirements for reporting non-employee income taxes. You can generate 1099 and 1096 tax forms as many as you want without additional costs and electronically file them within the software.
Show MoreKnowing that businesses have distinctive business-related demands, it is logical that they abstain from choosing an all-in-one, ”best” business program. However, it is almost impossible to chance on such application even among popular software solutions. The better thing to undertake can be to make a list of the several essential functions that need analysis including major features, costing, technical skill capability of staff members, organizational size, etc. The second step is, you must do the research to a full extent. Have a look at some of these Patriot Software Accounting reviews and scrutinize the other applications in your shortlist more closely. Such comprehensive research ensures you steer clear of mismatched apps and choose the one which offers all the tools your company requires to realize efficiency.
Position of Patriot Software Accounting in our main categories:
Patriot Software Accounting is one of the top 20 Accounting Software products
If you are considering Patriot Software Accounting it may also be beneficial to check out other subcategories of Accounting Software collected in our base of B2B software reviews.
Since each enterprise has specific business needs, it is prudent for them to desist from searching for a one-size-fits-all perfect software application. Needless to say, it would be useless to try to find such an app even among widely used software applications. The smart thing to do would be to jot down the various important aspects that need consideration such as main features, finances, skill levels of staff members, company size etc. Then, you should do your homework thoroughly. Read some Patriot Software Accounting Accounting Software reviews and look into each of the other systems in your shortlist in detail. Such in-depth homework can ensure you discard ill-fitting systems and select the app that provides all the elements you need for business success.
Patriot Software Accounting Pricing Plans:
$15/month
$25/month
Patriot Software Accounting Pricing Plans:
Free Trial
Accounting Basic
$15/month
Accounting Premium
$25/month
Patriot Software Accounting offers two enterprise pricing plans for users to choose from. Here are the details of each plan:
Accounting Basic – $15/month
Accounting Premium – $25/month
We are aware that when you decide to get a Accounting Software it’s important not only to see how experts score it in their reviews, but also to check whether the real users and companies that use this software are actually satisfied with the product. Because of that need we’ve designer our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Patriot Software Accounting reviews across a vast range of social media sites. The information is then featured in an easy to digest form revealing how many clients had positive and negative experience with Patriot Software Accounting. With that information at hand you will be ready to make an informed buying choice that you won’t regret.
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Very happy I switched from Quickbooks
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PROS: The price by far is the best aspect of the accounting software
CONS: I haven't had any issues
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