Name: Liberty Accounts
Price: 12.95 USD
Author: Liberty Accounts

Help Desk

Web and Video Conferencing

Customer Support

Cross-Browser Testing

Functional Testing

Product Analytics

Text Editors

Version Control

Development

Student Management

Education

Business Intelligence (BI)

Business Process Management (BPM)

Collaboration

Corporate Social Responsibility (CSR)

Enterprise Feedback Management

Enterprise Search

Online Notary

Enterprise

Accounting

Hedge Fund

Travel Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Change Management

Cloud Storage

Complex Event Processing

Configuration Management

Converged Network Adapters (CNAs)

Data Center Cooling

Density-Optimized Servers

Firewall

Fraud Detection

Infrastructure Capacity Planning

Integration Platform as a Service (iPaaS)

Mainframe Monitoring

Managed DNS

Network Performance Monitoring

Privileged Access Management

Remote Desktop

SaaS Backup

Software Components

Storage as a Service (STaaS)

System Monitoring

Unified Communications Monitoring

User Virtualization

Website Hosting

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Channel Management

Content Management

Data Cleansing

Digital Experience Intelligence

Email Deliverability

Email Marketing

Marketing Automation

Mobile Analytics

Social Media Management

Survey & Forms Building

Web Analytics

Marketing

Project Management

Waste Management

Professional Services

Customer Relationship Management (CRM)

Government Contracting

Sales Enablement

Sales

Intrusion Detection

Operational Technology (OT) Security

Security

Aviation

Awards Management

Direct Secure Messaging

Loan Servicing

Vertical-Specific

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Liberty Accounts, developed by Athene Systems Limited, is an accounting and payroll software specifically designed for small businesses, charities, and churches in the UK. According to the vendor, this cloud-based software offers a range of features to assist accountants, bookkeepers, small business owners, charity administrators, and church treasurers in managing their finances effectively. With its user-friendly interface and tailored functionalities, Liberty Accounts aims to provide efficient and compliant financial management for organizations.

## Key Features

**Comprehensive Accounting and Payroll Software**: Liberty Accounts offers a suite of tools for managing the accounts and payroll of UK businesses, charities, and churches. According to the vendor, the software covers various financial aspects, including budgeting, fund accounting, VAT, stock, and Gift Aid management.

**Not-for-profit Organization Support**: Liberty Accounts includes features specifically designed to address the needs of not-for-profit organizations. According to the vendor, functionalities such as fund accounting, integrated donor ledger, and Gift Aid support aim to streamline financial management for charities and churches.

**Cloud-based Solution**: Liberty Accounts is a cloud-based software, eliminating the need for regular software upgrades and backups. Users can access their financial data securely from anywhere, anytime, without the hassle of installation or manual updates, according to the vendor.

**Easy VAT Return Filing**: The software simplifies the preparation and filing of VAT returns, ensuring compliance with the Making Tax Digital requirements. According to the vendor, Liberty Accounts aims to help businesses track and manage their VAT obligations efficiently, saving time and reducing the risk of errors.

**Integrated Payroll System**: Liberty Accounts offers an integrated payroll system that is RTI compliant. According to the vendor, users can automate the payroll process, making it efficient and stress-free. The software handles various payroll tasks, including salary calculations and payslip generation.

**Time-saving Bank Imports**: Liberty Accounts allows users to import bank transactions, streamlining the tracking of expenditure and income. According to the vendor, this feature aims to help businesses reconcile their accounts more efficiently and maintain accurate financial records.

**Collaborative Features**: The software provides collaborative features that enable easy collaboration and management of business finances in the cloud. Multiple users can work together on financial tasks, ensuring effective teamwork and streamlined financial processes, according to the vendor.

**Fund Accounting for Charities**: Liberty Accounts includes a dedicated fund accounting feature that addresses the specific needs of charities and churches. According to the vendor, this functionality allows organizations to track and manage funds separately, ensuring transparency and accountability.

**Gift Aid Support**: With an integrated donor ledger and streamlined Gift Aid preparation and filing, Liberty Accounts aims to simplify the Gift Aid claim process for charities. According to the vendor, this feature promotes regular claims, improving cash flow for not-for-profit organizations.

**Payroll Costing Made Easy**: Liberty Accounts simplifies the process of distributing staff costs across various aspects of a business. According to the vendor, users can accurately allocate costs and budget for projects with three levels of analysis: organizational, employee, and pay element. This feature aims to save time and reduce potential errors.

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Bookkeeping Plan

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Liberty Accounts

1 in 3 accounting software users find it difficult to choose the right tool. Find the best solution for you.

The Buyer’s Guide to Accounting Software

Software for tracking revenues and expenses and forecasting future revenue.

General Ledger and Configurable Accounting

Financial management solution, including capabilities for general ledger and configurable accounting

Accounts payable

This includes the automation and tracking of payment to vendors and suppliers, with features such as payment scheduling, check printing, open purchase order alerts, document management, direct ACH bill payment, and vendor records.

Accounts receivable

This includes the management and automation of invoices and collections, with features like statements, invoices, receipts, payment reminders, customer records, auto billing, and refund checks.

Cash management

The software provides a complete picture of a company’s cash flows, streamlines payment processing, and includes cash forecasting.

Bank reconciliation

The software connects to a company’s financial institutions in order to reconcile accounting records with checking, savings and credit card accounts. Often month and year closing capabilities are included.

Expense management

The software can log and track business expenses and reimbursements, including travel-related expenses, with the ability to tie them to particular projects.

Time tracking

The software can track billable and non-billable employee time by project.

Fixed asset management

This includes the ability to track fixed assets (e.g., laptops), including location, check-in and check-out, maintenance scheduling, audit history, specialized property tax period reports, cost and depreciation.

Multi-currency support

The software supports transactions across multiple currencies.

Multi-division support

The software is flexible and supports bookkeeping practices along multiple dimensions such as locations, branches or products.

Regulations compliance

The software helps users adhere to typical accounting standards and regulations such as IFRS, GASB, or GAAP.

Electronic tax filing

The software provides a full electronic interface for the filing of repeatable taxes, such as payroll or sales tax.

Self-service portal

The software provides online portals for certain stakeholders to find information relevant to them, such as employees, vendors and customers.

Global Financial Support

Account using multiple ledgers, multiple currencies, and multiple entities

Primary and Secondary Ledgers

Record and report across multiple currencies and accounting standards with primary and secondary ledgers

Intercompany Accounting

Automatically balance and reconcile GL for intercompany transactions

Localizations

Meet reporting requirements with country-specific localizations

Journals and Reconciliations

Automate and synchronize ledgers and processes

Enterprise Accounting

Create accounting for disconnected ERP and non-accounting source systems

Configurable Accounting

Configure accounting rules and segments for each chart of accounts

Centralized Rules Framework

Integrate disparate ERP and transactional systems into single ERP instance

Standardized Processes

Centralize financial management to facilitate standardized financial processes

Inventory Management

The ability to track and manage the flow of goods or materials into and out of an inventory.

Inventory tracking

The software syncs orders and stock to maintain a real-time picture of inventory and supports multiple methods such as LIFO and FIFO.

Automatic reordering

The software can be set up to automatically reorder a good when it falls below a certain threshold.

Location management

The software can track multiple goods across multiple locations.

Manufacturing module

The software helps track and manage raw materials, work-in-progress items, and finished goods.

Order Management

The ability to process orders, and track them from quote to cash.

Pricing

Users can set up complex and unique pricing requirements.

Order entry

Users can enter an order once, and the data flows to all the necessary units such as fulfillment and billing.

Credit card processing

The software facilitates credit card processing.

Cost of goods sold

The software calculates the direct costs attributable to a finished product, such as materials and labor, and includes roll-up pricing.

Order Orchestration

Define and execute order fulfillment processes for products as well as services on the same order.

End-to-end order visibility

Get updates on orders, inventory, shipments, planned supply, and invoices, and improve the quality of decisions through in-context analytics

Order exception Resolution

Monitor fulfillment tasks and resolve issues, view and evaluate varios options via what-if analysis and define and enforce change order rules

Payroll Management

Provides for pay calculation and benefit plan administration, in addition to managing direct deposit, salary revisions and payroll tracking.

Pay calculation

Pay calculation provides for computation of employee pay with state and federal deductions.

Benefit plan administration

Benefit plan administration is administration of health insurance plans and 401k plans, and other benefits.

Direct deposit files

Direct deposit is the ability to electronically transfer pay to an employee’s personal bank account.

Salary revision and increment management

Salary revision is the ability to modify individual employee pay.

Reimbursement management

Reimbursement management provides cash reimbursement for employee expenses related to business travel or other.

Reporting & Analytics

Users can report on and analyze usage, performance, ROI, and/or other metrics of success.

Liberty Accounts

Overview

What is Liberty Accounts?