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Banana Accounting

Banana Accounting

Overview

What is Banana Accounting?

Banana Accounting is an accounting software designed to meet the needs of small companies, NGOs, and individuals. According to the vendor, the software provides a user-friendly interface and organized tables for easy understanding and editing of data. Users can choose from a variety of templates and...

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Pricing

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Basic

$60

Cloud
per year

Entry-level set up fee?

  • No setup fee

Offerings

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

What is Banana Accounting?

Banana Accounting is an accounting software designed to meet the needs of small companies, NGOs, and individuals. According to the vendor, the software provides a user-friendly interface and organized tables for easy understanding and editing of data. Users can choose from a variety of templates and start working immediately. The software aims to streamline the process of recording transactions, with the option to enter transactions manually or automatically from bank and credit card statements. According to the vendor, this feature can save time and improve efficiency.

One of the key features of Banana Accounting is its ability to generate professional reports such as balance sheets and profit & loss statements. The software offers a wide range of reports that can be customized to meet specific needs and preferences. According to the vendor, users can access real-time financial insights for better decision-making.

The software also simplifies the process of creating a balance sheet in just three steps. With predefined and organized templates, users can quickly set up their files, enter transactions, and print the balance sheet. This feature is particularly helpful for users who are new to Banana Accounting.

Banana Accounting provides user-friendly tables that allow for easy organization and comprehension of data. Users can enter data into the Transactions table and the program will handle the rest. According to the vendor, users have the freedom to freely edit and rearrange data, similar to Office programs.

The software offers a wide range of accounting applications suitable for different levels of expertise. Users can manage expenses, revenue, VAT, clients, suppliers, invoices, and generate financial statements. Additionally, Banana Accounting supports multi-currency transactions for businesses operating in foreign countries.

According to the vendor, users can simplify VAT management by easily inputting VAT rates and codes. The software allows users to generate VAT reports based on period, code, account, and percentage. It also supports both the effective VAT method and VAT flat tax rate method.

Banana Accounting includes invoicing capabilities, allowing users to create and print professional invoices with customizable layouts. Users can include QR codes and payment reminders on invoices and manage estimates, delivery notes, and pro-forma invoices.

The software also supports budgeting for effective cost control and future planning. Users can create budgets by month, quarter, half-year, year, and multiple years. They can track budgeted amounts and actual expenses to better manage their finances.

In addition, Banana Accounting offers inventory management features, allowing users to track stock levels and value for better inventory management. The software also includes a time sheet feature that enables users to track working hours, holidays, overtime, and travel expenses. According to the vendor, this feature is suitable for freelancers and businesses with flexible work schedules.

Banana Accounting Plus is installed locally on the user's computer, ensuring that data and accounting files belong exclusively to the user. Users have the flexibility to choose where to save their data, whether locally, on external devices, or on cloud systems like Dropbox, iCloud, OneDrive, etc. The program works completely offline.

The software comes with extended documentation, including functional contextual help, online documentation, and video tutorials. Technical support is available via telephone and email with the Advanced plan.

Banana Accounting Plus offers subscription plans to keep up with operating system updates, applications, and payment methods. The plans include Free, Professional, and Advanced options, each with different levels of features and customization. According to the vendor, the subscription provides highly professional functions with immediate results.

According to the vendor, Banana Accounting discreetly informs Professional plan users of available features in the Advanced plan, allowing users to gradually expand their use of the program as they become more familiar with it or as their needs grow.

Users can download Banana Accounting Plus for free with the Free plan. They have the option to activate the Professional or Advanced plan at any time while maintaining their previous work. The software is also compatible with files from previous versions of Banana.

Banana Accounting provides templates for different legal forms, including cash or accrual accounting methods. Users can choose from a wide range of templates to suit their specific needs.

The software can be extended with self-programmed extensions to enhance its functionality. Users can also create advanced budgets using formulas.

Users can print, export, and copy charts for easy sharing and analysis. According to the vendor, this feature allows for better collaboration and communication.

Banana Accounting Plus offers personalized technical support via email and phone. According to the vendor, users can reach out for assistance with any issues they may encounter.

Banana Accounting Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWeb-Based, Mac, Windows, Linux, Chromebook, Android, iPhone, iPad
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