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Akaunting

Akaunting

Overview

What is Akaunting?

Akaunting is an online accounting software designed to assist small businesses in managing their finances and maintaining control over their cash flow. According to the vendor, Akaunting simplifies invoicing, online payments, and expense tracking. This software is tailored to meet the needs of small...

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Recent Reviews

TrustRadius Insights

Akaunting has been lauded by users as a reliable tool for basic accounting and invoicing tasks. With its easy-to-use interface and …
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Pricing

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Premium Cloud

$36

Cloud
per month

Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://akaunting.com/plans

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

Starting price (does not include set up fee)

  • $36 per month
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Product Demos

Akaunting Online Accounting Software Service On Linux

YouTube

Akaunting - Startup Istanbul 2018 Demo Day

YouTube

Akaunting Open Source Development Online

YouTube

Akaunting Accounting Installation And Deployment Service

YouTube

Akaunting Software Installation and Demo Review

YouTube
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Product Details

What is Akaunting?

Akaunting is an online accounting software designed to assist small businesses in managing their finances and maintaining control over their cash flow. According to the vendor, Akaunting simplifies invoicing, online payments, and expense tracking. This software is tailored to meet the needs of small businesses and is utilized by various professions and industries, including freelancers, small business owners, consultants, startups, and service-based businesses.

Key Features

Easy Accounting: According to the vendor, Akaunting is online accounting software designed specifically for small businesses. It aims to assist in managing finances and staying on top of cash flow by simplifying invoicing, online payments, and expense tracking.

Everything you need to manage your business: The vendor claims that Akaunting provides a comprehensive set of features to effectively manage businesses. Users can create unlimited bank and cash accounts to track opening and current balances, as well as manage finances for multiple companies from a single admin panel, assigning users to different companies as needed.

Powerful Reporting: Akaunting offers detailed financial reports, providing valuable insights into a company's financial health and performance, according to the vendor.

Client Portal: The vendor states that Akaunting allows users to share transactions and invoices with clients through a dedicated client portal. Additionally, users can accept bulk payments online, offering convenience for clients.

Recur Everything: Akaunting claims to automate the creation of invoices, revenues, bills, and payments for ongoing jobs, saving time and ensuring accurate and timely invoicing.

Customer Summary: According to the vendor, Akaunting provides a customer summary view that allows users to access customer profiles, addresses, transaction lists, and payment status, facilitating efficient tracking of interactions and transactions with each customer.

All-in-one platform: Akaunting serves as an all-in-one platform for accounting needs, allowing users to add non-billable expenses as payments to keep accounts up-to-date. Users can also set up different tax rates and link them to specific products or transactions. The vendor claims that users can send invoices and add expenses in any currency, with the system automatically converting them to the main currency.

Discount: The vendor states that Akaunting allows users to offer client loyalty discounts, fostering good relationships with clients and encouraging repeat business.

Unlimited Attachments: Akaunting enables users to attach business files and receipts to invoices, expenses, and payments, providing an organized and easily accessible system for relevant documents.

Transaction Categories: Akaunting allows users to create categories for incomes, expenses, and items, facilitating a quick overview and organization of business flow, according to the vendor.

Akaunting Video

Akaunting Premium - Online Accounting for Small Businesses

Akaunting Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
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Comparisons

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Reviews and Ratings

(1)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Akaunting has been lauded by users as a reliable tool for basic accounting and invoicing tasks. With its easy-to-use interface and straightforward functionalities, it provides a simple solution for income and expense reporting. Many users have expressed satisfaction with the platform, finding it to be an effective tool for their current accounting needs. One of the key advantages of Akaunting is its ability to be customized to meet specific requirements, making it a winner for those seeking tailored solutions. Additionally, the software allows users to efficiently manage multiple businesses, providing a convenient solution for entrepreneurs with diverse ventures. The dashboard offers a comprehensive overview of finances, enabling users to track payments and invoices effortlessly.

However, while some users have had positive experiences with Akaunting, others have encountered limitations and bugs that hindered their user experience. In particular, receiving support from developers can be hit-or-miss, affecting the overall satisfaction of some users. Despite these drawbacks, Akaunting has the potential to be a true alternative to big-name accounting software. It has proven to be successful among small and medium-sized businesses looking to gain control over their accounts without breaking the bank. The ease of use offered by Akaunting has made it a cost-effective solution for managing accounts, sales, and purchases. Nevertheless, scalability remains a concern for larger companies considering its implementation. There have been instances where the software did not function correctly or failed to sync with other systems, underscoring the need for improvements in these areas. While some users have been satisfied with Akaunting, others have expressed the desire to explore alternative accounting solutions in the future.

Easy-to-use Invoice System: Many users have praised the invoice system of the software, stating that it is easy to use and efficient for raising and tracking payments.

Simple Dashboard for Global View: The software provides a simple dashboard that gives users a global view of their activities, making it easy to manage everything in one place. Several reviewers have appreciated this feature as it allows them to easily oversee their tasks.

Integrations and Premium Cloud Subscription: Users have mentioned that the integrations and premium cloud subscription set this product apart from its competitors, providing additional value. Some reviewers find these features particularly useful in enhancing their experience with the software.

Inconvenient Purchasing of Additional Apps: Several users have expressed frustration with the need to purchase separate apps for each function of the accounting software, finding it inconvenient and time-consuming.

Lack of Features and Costly Add-ons: Users have reported disappointment with the lack of features in the software, including simple addons that come at a high cost. This has led some users to believe that other software options may offer more comprehensive features.

Difficulties with Recurring Invoice System: Some users have faced challenges with the recurring invoice system, resulting in incorrect dates being shown for services provided to clients. This has caused inconvenience and potential errors in billing processes.

Attribute Ratings

Reviews

(1-1 of 1)
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Bhabishya Bhatt | TrustRadius Reviewer
Score 5 out of 10
Vetted Review
Verified User
Incentivized
I am using Akaunting to keep the accounting record of my websites. I'm using it to keep a record of my sales as well as purchases from my vendors. The software is super easy to use and can be installed into my own hosting as well which is cool and is also open source.
  • Easy to use.
  • Can be installed into own hosting.
  • Have lots of features.
  • They should make their add ons more cheaper.
  • And they should make few add ons free which are essential.
If anyone is searching for cloud-based Accounting software and have never used any accounting software before, then Akaunting is perfect for them. They can easily use it which will help me a lot. It has a beautiful UI and a simple one which makes it easy to use for everyone. A small business and a starting business are a good fit for this software.
General Ledger and Configurable Accounting (21)
14.285714285714286%
1.4
Accounts payable
30%
3.0
Accounts receivable
50%
5.0
Cash management
N/A
N/A
Bank reconciliation
N/A
N/A
Expense management
N/A
N/A
Time tracking
N/A
N/A
Fixed asset management
N/A
N/A
Multi-currency support
90%
9.0
Multi-division support
N/A
N/A
Regulations compliance
N/A
N/A
Electronic tax filing
N/A
N/A
Self-service portal
50%
5.0
Global Financial Support
N/A
N/A
Primary and Secondary Ledgers
N/A
N/A
Intercompany Accounting
N/A
N/A
Localizations
80%
8.0
Journals and Reconciliations
N/A
N/A
Enterprise Accounting
N/A
N/A
Configurable Accounting
N/A
N/A
Centralized Rules Framework
N/A
N/A
Standardized Processes
N/A
N/A
Inventory Management (4)
N/A
N/A
Inventory tracking
N/A
N/A
Automatic reordering
N/A
N/A
Location management
N/A
N/A
Manufacturing module
N/A
N/A
Order Management (7)
48.57142857142857%
4.9
Pricing
90%
9.0
Order entry
80%
8.0
Credit card processing
80%
8.0
Cost of goods sold
90%
9.0
Order Orchestration
N/A
N/A
End-to-end order visibility
N/A
N/A
Order exception Resolution
N/A
N/A
Payroll Management (5)
N/A
N/A
Pay calculation
N/A
N/A
Benefit plan administration
N/A
N/A
Direct deposit files
N/A
N/A
Salary revision and increment management
N/A
N/A
Reimbursement management
N/A
N/A
Reporting & Analytics (3)
83.33333333333334%
8.3
Dashboards
90%
9.0
Standard reports
70%
7.0
Custom reports
90%
9.0
Customization (2)
50%
5.0
API for custom integration
N/A
N/A
Plug-ins
100%
10.0
Security (2)
35%
3.5
Role-based user permissions
70%
7.0
Single sign-on capability
N/A
N/A
  • Akaunting has helped me a lot since I started using it.
It is very easy to use and get started with. It can be installed into my own hosting easily and is open source too which means I can add more features myself if I know programming.
Because I loved this software and I want others to know about it too, it will surely help many others who are searching for simple accounting software like I was searching some time ago.
I have never tried to call their support, but checking their documentation and FAQs, etc helped me a lot so they deserved this rating...
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