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.
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Knowing that businesses have their own business-related demands, it is reasonable they avoid seeking a one-size-fits-all, ”best” system. Regardless, it is nearly futile to pinpoint such application even among sought-after software systems. The reasonable step to undertake should be to note down the several vital functions which entail careful thought including critical features, price terms, skill capability of staff members, company size, etc. The second step is, you must conduct your product research comprehensively. Browse over some of these Patriot Software Accounting review articles and look into the other software programs in your list more closely. Such all-encompassing research ascertains you steer clear of mismatched apps and buy the system that provides all the features your business requires to be successful.
Position of Patriot Software Accounting in our main categories:
Patriot Software Accounting is one of the top 20 Accounting Software products
If you are interested in Patriot Software Accounting it may also be beneficial to analyze other subcategories of Accounting Software listed in our base of B2B software reviews.
Enterprises have unique wants and requirements and no software application can be just right in such a situation. It is useless to try to find an ideal out-of-the-box software system that fulfills all your business wants. The smart thing to do would be to modify the solution for your specific requirements, staff member skill levels, finances, and other aspects. For these reasons, do not hurry and subscribe to well-publicized trendy systems. Though these may be widely used, they may not be the ideal fit for your particular wants. Do your homework, look into each short-listed application in detail, read a few Patriot Software Accounting Accounting Software reviews, speak to the vendor for explanations, and finally settle for the application that offers what you want.
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 realize that when you decide to purchase a Accounting Software it’s important not only to learn how professionals evaluate it in their reviews, but also to discover if the actual users and companies that use this software are actually satisfied with the product. That’s why we’ve designer our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Patriot Software Accounting reviews across a wide range of social media sites. The data is then presented in a simple to understand format indicating how many people had positive and negative experience with Patriot Software Accounting. With that information at hand you will be prepared to make an informed buying decision 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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