A Review of
Simply Accounting
By J. Carlton Collins, CPA

What Makes Simply Accounting Different?

When reviewing any accounting software solution, I think that it is important to understand how the product is different from its’ competitors. All products are developed with different tools, different philosophies, and with different objectives in mind. All products are targeted towards different sized customers, and different industries. When evaluating products, it is easy to get bogged down in the overwhelming complexity of the systems. The reality is that all accounting systems have a general ledger with account numbers and financial reports; they all have an average accounts payable module that works fine; they all have a bevy of standard features. Studying these common elements of an accounting system will get you nowhere. It is the key differences that provide keen insights that will allow you to effectively identify and select the right product for your needs. With this spirit in mind, presented below are the key characteristics that set Simply Accounting apart from its competitors:  

• Multi-currency capabilities.  You won't find many products at this price point - $169 that can handle more than one currency.  If you are a small business and you operate across borders, this is the product for you.
• It includes general ledger, receivables, payables, inventory, payroll, purchase orders, quotes, invoicing, custom reporting, and graphing.
• Integration with MS-Office for outstanding reporting, 
• E-mail invoices
• Check delivery status on the Internet

Weaknesses - Simply Accounting is certainly not without problems – as with any top product, Simply Accounting contains weaknesses, missing features, missing modules and shortcomings. Simply Accounting is not targeted towards businesses of every size, nor is it ideally suited for every industry. We have compiled a detailed list of these weaknesses, including screen-by-screen evidence of some of the key weaknesses. You can view these weaknesses here.

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