EconoAccounting - Fact Sheet Print E-mail

EconoAccounting is a complete accounting system. It produces invoices, handles debtors, general ledger, creditors, stock, just like any other accounting system,
BUT it does its work in a completely different manner, one that will amaze you due to its simplicity and logical approach.

EconoAccounting recognizes what is important in your business: You must
- Manage your bank account
- Produce Invoices
- Make sure you get paid (debtors)
- Manage expenses
- Produce VAT and other returns
- Produce management accounts for yourself and the bank.

However, its main benefit is the ability to automatically import bank statements, once they have been downloaded from the Internet. This saves time and effort in capturing cashbook/bank account information.


In a small business, most transactions are generated via the bank statement. EconoAccounting decided that if a user were able to import the bank statement automatically it would save the majority of the data capturing time, and the inconvenience usually associated with keeping books up to date, especially for the small business owner, who is not an accountant.

Support
Support is important to you. That is why we are currently offering email and phone-in support free of charge to all users for 2 years. If necessary we will visit your offices and charge you our standard hourly rates accordingly.

Upgrades
There is no extra charge for upgrades for the first 2 years. Upgrades are available for download from our web site.

EconoAccounting Features
Cashbook
- Imports Downloaded bank statements.
- Supports all major banks that provide Internet banking.
- Once imported, it calculates running and closing balances to instantly reconcile the bank account.
- Automatic allocation of expenses:
- Uses descriptions on the downloaded statement to auto-allocate transactions to general ledger accounts.
- Supports multiple Bank accounts, including petty cash.
- Multi-line allocation of cashbook transactions.
- Automatically calculates input VAT.
- Easy manual entry where necessary.
VAT Compliant
Invoicing module
Debtors
Easy allocation of payments to invoices, Age analysis, individual statements.
Quoting module
Customer database/Customer relationship manager
Credit notes
Creditors/purchase orders
Journals
Stock control
Chart of Accounts - unlimited accounts
Network Ready
Multi-company: unlimited companies
Password protected

Benefits
Saves Time
With EconoAccounting, you will not waste time re-capturing your transactions. The auto-allocate feature of EconoAccounting even saves you time in the allocation of those transactions. It is possible to produce an accurate income statement and trial balance by spending less than 30 minutes per week.

Accurate
Since EconoAccounting imports bank statements directly, your accounting system will always reconcile with the bank statement, and reconciling a bank statement is usually the most frustrating accounting task.

Saves Money
No more paying an extra employee or accountant to capture transactions.

Training
Free training in our training center is provided. Each user qualifies for 3 hours of free training. This is enough to learn how to use the software if you are Windows literate.

Reports
All reports can be previewed, printed or exported
- Bank statement
- Trial balance
- General ledger
- Invoices: print and reprint
- Income Statement, balance sheet - full financial statements.
- Age Analysis/Statements
- VAT Ledger/VAT Report
- Bank reconciliation
- Product sales analysis

Printed Help Manual
Online tutorial

Pricing: Includes VAT
Single User License: R2900.00

Special Offer!

Free annual support/upgrades for 2 years, worth R1190.00.

- Support - email/phone-in support.

- Updates/upgrades: downloadable from the Internet.

Network version: POA

System Requirements
- Windows 98 or above with networking installed
- 64 Meg RAM
- 40 Meg free disk space
- CD Rom
- Backup facility: tape, CD writer, flash drive
- Users must have a good working knowledge of Windows
 
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