PayTraq

PayTraq is an online accounting software designed to streamline business processes and improve efficiency for small and medium-sized businesses. According to the vendor, it caters to a wide range of professions and industries, including accountants, bookkeepers, business owners, financial managers, and retailers.

Key Features

Sales: According to the vendor, PayTraq offers professionally looking and customizable Quotes, Sales Orders, Invoices, and Credit Notes. It provides full-featured sales management tools with integrated online accounting and inventory management. The software also supports multi-currency transactions and offers a recurring invoicing feature for service organizations.

Purchasing: PayTraq allows users to track all invoices and business expenses quickly and easily. According to the vendor, it offers an ERP level supply chain management feature and is fully integrated with accounting and inventory management. The software also provides out-of-the-box support for purchase orders.

Warehousing: PayTraq offers a full-featured powerful online inventory management system. According to the vendor, it tightly integrates with Sales and Purchasing functionalities. The software enables users to manage unlimited products and supports multiple locations, product lots, and AVG and FIFO costing methods. Users also have the choice of a periodic or perpetual system of inventory.

Money: PayTraq allows users to manage all financial transactions in one place. According to the vendor, it provides features to easily monitor and control cash flow, track income and expenses, pay bills, receive invoice payments, reconcile bank accounts, and view account statements. The software also supports various types of accounts, including bank, merchant, card, and cash accounts.

Accounting: PayTraq offers a complete double-entry online accounting software solution. According to the vendor, it provides real-time control of accounting operations and hassle-free management of accounts. The software also offers features for financial loans and payroll management.

Reporting: PayTraq provides real-time financial and tax reports. According to the vendor, it offers instant insight into the health of the business and allows users to keep track of sales, purchases, inventory, money, and accounting operations.