Yendo Accounting vs AccountEdge
Last Updated:Our analysts compared Yendo Accounting vs AccountEdge based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.
Product Basics
Yendo Accounting is a comprehensive software solution designed to streamline financial management tasks such as bookkeeping, invoicing, and financial reporting. It is particularly well-suited for small to medium-sized businesses across various industries, including retail, services, and manufacturing, due to its user-friendly interface and robust functionality. The software offers unique benefits like real-time financial insights and automated processes that enhance efficiency and accuracy in accounting operations. Users appreciate its powerful features, such as customizable reports and seamless integration with other business tools, which facilitate a more cohesive financial management experience. Compared to similar products, Yendo Accounting is often praised for its intuitive design and ease of use, making it accessible even for those with limited accounting knowledge. Pricing details are not readily available, so it is recommended to contact SelectHub for a tailored quote based on specific business needs.
Product Assistance
Product Insights
- Streamlined Financial Management: Yendo Accounting simplifies complex financial tasks, allowing businesses to manage their finances with ease and precision, reducing the likelihood of errors.
- Real-Time Financial Insights: Gain immediate access to up-to-date financial data, enabling informed decision-making and strategic planning based on current financial health.
- Enhanced Collaboration: Facilitate seamless collaboration among team members by providing shared access to financial data, ensuring everyone is on the same page.
- Time Efficiency: Automate routine accounting tasks such as invoicing and payroll, freeing up valuable time for your team to focus on growth-oriented activities.
- Cost Savings: Reduce the need for extensive manual labor and minimize the risk of costly financial errors, leading to significant savings over time.
- Scalability: Easily adapt to the changing needs of your business, whether you're expanding operations or managing seasonal fluctuations, without overhauling your accounting system.
- Data Security: Protect sensitive financial information with robust security measures, ensuring compliance with industry standards and safeguarding against data breaches.
- Customizable Reporting: Generate tailored financial reports that meet the specific needs of your business, providing clarity and insight into various financial aspects.
- Improved Cash Flow Management: Monitor and manage cash flow effectively, helping to maintain liquidity and avoid potential financial pitfalls.
- Regulatory Compliance: Stay compliant with ever-changing financial regulations and tax laws, reducing the risk of penalties and legal issues.
- Integration Capabilities: Seamlessly integrate with other business tools and platforms, creating a cohesive ecosystem that enhances overall operational efficiency.
- User-Friendly Interface: Navigate the software with ease, thanks to an intuitive design that requires minimal training and supports quick adoption by new users.
- Customer Support: Access reliable customer support to resolve any issues promptly, ensuring minimal disruption to your business operations.
- Scalable Pricing Options: Choose from a range of pricing plans that align with your business size and budget, ensuring you only pay for what you need.
- Environmental Impact: Reduce paper usage and contribute to sustainability efforts by digitizing financial processes and documentation.
- Quotes and invoices: Create personalized quotes and invoices. Convert quotes to invoices with a click.
- Cost-effective: Pay only a one-time fee charged for each plan. This means extra payments are to be made only when the users purchase available add ons.
- Compatibility: Use Pro on Windows or Mac or get a mobile app for iOS devices. Access data without leaving the comfort of the desktop application with Connect. Get all the desktop features with Pro Hosted.
- Easy Installation: Get it up, running and access a vast amount of information within minutes. Learn more about using the platform by logging in to the user forum on the community page. Enjoy the simple to use interface and flexible reporting system.
- Simple Reporting: Look up information in numerous ways. Drill down into accounts and transactions with the interactive balance sheet and profit and loss reports. Slice and dice data for analysis. Easily control services from quote complete to invoice delivery.
- Time Billing and Retainers: Review how much money a client has to deposit and what is to be billed at the end of the month. Easily log in on-site with the quick interaction on the mobile app.
- Reconciling Statements: Find the amount by viewing them by debits or credits. Change marked items to blue which makes scanning the remaining numbers easy.
- Easy Job Budgeting And Analysis: Ensure easier functionality with new buttons added under budget analysis. Edit amounts for the job, calculate and display adjusted budgets and compare the actuals, in one window.
- Reminders: Add promise date as a reminder for the completion of job schedule.
- Comprehensive Dashboard: Offers a real-time overview of financial metrics, including cash flow, profit margins, and expenses, all in one place.
- Multi-Currency Support: Facilitates transactions in various currencies, automatically updating exchange rates to ensure accurate financial reporting.
- Invoice Management: Allows for the creation, customization, and tracking of invoices, with options for recurring billing and automated reminders.
- Expense Tracking: Enables users to categorize and monitor expenses, providing insights into spending patterns and budget adherence.
- Bank Reconciliation: Simplifies the process of matching bank statements with accounting records, reducing errors and ensuring accuracy.
- Financial Reporting: Generates detailed reports such as balance sheets, income statements, and cash flow statements, aiding in strategic decision-making.
- Tax Management: Assists in calculating and filing taxes, with features for VAT, GST, and other tax compliance requirements.
- Inventory Management: Tracks stock levels, orders, and deliveries, integrating seamlessly with sales and purchase modules.
- Project Accounting: Provides tools for tracking project-specific financials, including budgets, expenses, and profitability analysis.
- Customizable Chart of Accounts: Allows businesses to tailor their accounting structure to fit specific needs and reporting requirements.
- Role-Based Access Control: Ensures data security by allowing administrators to assign specific permissions to different users based on their roles.
- Integration Capabilities: Connects with other business tools such as CRM systems, payment gateways, and e-commerce platforms for streamlined operations.
- Mobile Accessibility: Offers a mobile app that provides on-the-go access to key accounting functions, ensuring flexibility and convenience.
- Automated Data Backup: Regularly backs up financial data to prevent loss and ensure business continuity in case of system failures.
- Customer Support: Provides access to a dedicated support team for troubleshooting and guidance, ensuring smooth software operation.
- Accounts: Maintain charts of accounts. Choose from over 100 templates in Pro or create templates. Create a budget for any active account or for each job and project by tracking individual jobs.
- Banking: Set up and manage all bank related activities, which includes importing bank statements for reconciliations. Connect credit card and bank accounts to the application with automatic bank feed options.
- Contacts: Manage all customers, vendors and employees from a central location. Attach documents or contracts to vendor files, add a photo or create custom letters for the customers.
- Sales: Create a quote, process a sales order, create an invoice for a customer and accept customer payments for all open orders. Make shipping the product easy by integrating the invoice with UPS and providing customers with the tracking details. Place comments and choose how to deliver invoices. Create sales orders for customers that pay in advance. Accept credit card payments and record incoming payments by creating an account with Merchant Account. Manage online sales and inventory by syncing online stores using Shopify connector. Attach a document to invoices and purchases to enable tracking of warranties and package slips.
- Time billing: Track time and bill customers with Pro. Track billable and non-billable hours spent on the project or track employee time for billing purposes. Remotely track time using Connect. Monitor all work in progress to bill the customers as the project continues.
- Purchases: Create a purchase order, convert a bill to an order, enter vendor accounts payable and pay them electronically or by check. Complete vendor payment electronically and process 1099 forms at year end for contractors, using information tracked in purchases.
- Payroll: Set up payroll using the payroll assistant. Do the calculations inhouse or outsource through SurePayroll. Get a variety of add-on options like direct deposit, payroll forms and e-file services when processing payroll in-house.
- Inventory: Add details about specific items as well as selling and buying options with the Pro inventory module. Assign multiple pricing levels to the products, get an alert when the stock drops below a specified point. Keep track of best-selling products, and even build items and kits.
- Purge Jobs: Remove unused, older jobs from a larger list. Delete the selected job and remove it from the transaction list.
- Custom List and Custom Fields: Track the jobs by adding custom list and custom fields upto the count of three. Define list names, list members and field names, and use a custom list as a filter for job reports.
- Customized Job Status: Check which job is pending, delivered or on hold by customizing the job status.
- Activity Slips: Track time tied to a job under the job list Window. Drill into the activity slip or print out a report.
- Transactions: Get easy access to a list of all the transactions under the job information window. Get information like quotes in summary or detail.
- Job Number: Automatically assign job number to each line of transaction when creating a sale to a customer that has a single job associated with it. Remove or overwrite it as and when needed.
- Job Address: Manually enter or automatically include address and contact information for a job from a linked customer address and phone number, especially in cases where the job is associated with site or location.
- Job Transaction Summary Report: Get a list of transactions, including quotes and orders that are associated with the specific jobs. Filter it out on the basis of type, sales and purchase order.
- Emails: Use merge tags to create email templates. Include additional email addresses and choose an email address from Card. Open and view the email in the email client instead of it being automatically sent.
- Search Option: Search by account number or account name and use starts with/contains filters. Search account list by number or name and look by contact on the cards list. Identify unknown or forgotten company names by using search from list on transactions.
- Paid Stamp: Avoid confusion when re-sending a copy of a paid invoice to a client with a paid stamp which is a custom field and can appear on printed and PDF sales form.
- Deleting Deposits: Edit or delete the deposit payment after an order has been converted into an invoice.
- Calendar Event: Create a calendar event in the MacOS Calendar app, while recording the transaction or when the payment is due. Reminders can also be created from the card file.
- Add Note: Remember why the inventory was adjusted or created a particular job entry by adding a note to all the transactions. Check stubs and other transactions by adding a note field to the appropriate report.
- Forecasting with Recurring Sales: Get a more accurate estimation of financial situation at a point in time. Only get relevant fields displayed when the radio button is used.
- Company Data Auditor: Make sure that the financial information is accurate, protected and balanced. Backup and verify the company file with the audit tools. Lock down reconciled financial data, keep an audit trail and run reviews to make sure the numbers are in balance.
Product Ranking
#37
among all
Accounting Software
#64
among all
Accounting Software
User Sentiment Summary
2 reviews
176 reviews
Yendo Accounting has a 'excellent' User Satisfaction Rating of 100% when considering 2 user reviews from 1 recognized software review sites.
AccountEdge has a 'great' User Satisfaction Rating of 88% when considering 176 user reviews from 2 recognized software review sites.
Awards
Yendo Accounting stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.
Synopsis of User Ratings and Reviews
Is Yendo Accounting really the way to go for your business accounting needs? User reviews from the last year paint a somewhat mixed picture of this software. While Yendo is generally praised for its user-friendliness and comprehensive functionality, some users have pointed out areas where it falls short. On the plus side, Yendo Accounting is lauded for its intuitive interface, making it easy for even non-accountants to navigate. The software's robust feature set, including invoicing, expense tracking, and bank reconciliation, is another major selling point, especially for small businesses looking for an all-in-one solution. The flexible pricing structure, starting at $10 per month, is also very attractive. However, some users have reported that the user interface, while generally easy to use, could benefit from a more modern design. Additionally, the lack of certain advanced features, such as an audit trail and API support, might be a dealbreaker for some businesses. For example, businesses with strict compliance requirements might find the absence of an audit trail a significant drawback. Overall, Yendo Accounting seems to be a good fit for small businesses or freelancers who need a user-friendly and affordable accounting solution. However, businesses that require advanced features or a more polished user interface might want to consider other options.
Want to know if AccountEdge will give you an edge in accounting? AccountEdge is a popular accounting software for small businesses, especially those familiar with desktop-based applications. Users praise its comprehensive features, including general ledger, accounts payable/receivable, invoicing, and inventory management, all without requiring a subscription like QuickBooks Online. Many find it easier to use than QuickBooks, citing its intuitive interface and logical workflow. However, some users point out its limitations for businesses with complex needs, such as limited integrations with other software and a lack of advanced reporting features. AccountEdge shines for small businesses seeking a robust, desktop-based accounting solution with a one-time purchase cost. Its ease of use and comprehensive features make it ideal for managing day-to-day finances, especially for those who prefer a traditional accounting software experience. However, businesses requiring advanced features or extensive integrations might find AccountEdge limiting and should consider cloud-based alternatives.
Screenshots
Top Alternatives in Accounting Software
Accounting Seed
Acumatica
BQE Core
Dynamics 365 Finance
FreeAgent
Freshbooks
Manager
Odoo Accounting
Oracle Financials Cloud
Patriot Accounting
QuickBooks Online
Sage 50cloud Accounting
Sage Intacct
SAP Business One
SAP S/4 HANA Finance
TallyPrime
Wave Accounting
Workday Financial Management
Xero
ZarMoney
Related Categories
WE DISTILL IT INTO REAL REQUIREMENTS, COMPARISON REPORTS, PRICE GUIDES and more...
