Name: QNE Accounting Software
Author: QNE Software

Customer Identity and Access Management (CIAM)

Help Desk

Web and Video Conferencing

Customer Support

Classroom Management

Online Learning

Education

Barcode

Business Intelligence (BI)

Collaboration

Contract Management

Data Extraction

Risk Management

VoIP

Workspace Planning

Enterprise

Accounting

Crypto Asset Management

Invoicing

Finance and Accounting

Applicant Tracking

Background Check

Corporate Learning Management

HR Management

Leadership Development

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Browser

Cloud Storage

Computerized Maintenance Management Systems (CMMS)

Data Collaboration

Data Masking

Desktop Outsourcing

Fraud Detection

Hyper-Converged Infrastructure

IT Asset Disposal

Integration Platform as a Service (iPaaS)

License Management

Log Management

MLOps

Managed IT Service

Network Monitoring

Network Performance Monitoring

Packet Analyzer

Password Management System

Release Management

Remote Support

Secret Managers

Software Distribution

Threat Intelligence

Web Portal

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Audience Engagement

Audience Intelligence

Content Management

Creative Collaboration

Domain Registration Services

Email Marketing

Gamification

Heatmap and Session Recording

Marketing Automation

Social Media Management

Social Media Monitoring

Survey & Forms Building

Swag Management

Video Marketing

Web Analytics

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales

Architecture

Debt Collection

Public Sector Software

Real Estate

Vertical-Specific

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### Financial Reporting
Users generally appreciate QNE Accounting Software's robust financial reporting capabilities. Reviewers highlight the software's efficiency in generating various financial statements such as balance sheets, income statements, and cash flows. The ability to analyze and review performance through the data provided in QNE reports is a significant advantage for users. However, some users have expressed concerns about certain limitations, such as unclear access rights settings and the lack of specific functions like auto-choosing stock items using FIFO method. Despite these drawbacks, the consensus leans towards the software's positive impact on streamlining financial reporting processes.

### General Ledger Management
While some users appreciate the multifunction output and time-saving benefits of QNE Accounting Software for general ledger management, others express concerns about the lack of a subsidiary ledger feature and difficulties in updating product prices. The initial setup and training for the general ledger module seem to have posed challenges for some users, impacting their overall experience with this aspect of the software.

### Inventory Management
Users generally find QNE Accounting Software's stock management capabilities to be quite beneficial, although some encounter challenges with certain functionalities. While the software allows for detailed customer balance checks, expiry date monitoring, and stock balance tracking, users have reported difficulties with access rights configuration and invoice locking. Additionally, the lack of automatic stock item selection based on FIFO method for batch numbers and the absence of a payment discount field in payment vouchers have been noted as areas for improvement. Despite these drawbacks, users appreciate the software's user-friendly interface and customizable layout options, which contribute to efficient stock management and accounting processes.

Multifunction Output: Users appreciate the multifunction output feature of QNE Accounting Software. They mention that with just one entry to the journals, they can generate data in various financial reports such as ledger, trial balance, income statement, balance sheet, cashflows, and tax-related reports like SAWT, VAT relief, and QAP dat file.

User-Friendly Interface: Reviewers find QNE Accounting Software easy to use and user-friendly. They mention that it is more user-friendly than other software they have used before and is not complicated for first-time users. Some users specifically appreciate that it is attuned to the Philippines accounting system.

Customizable Reports: Users praise the customizable report feature of QNE Accounting Software. They mention that they can easily generate reports tailored to their needs and preferences. This flexibility allows them to analyze and review their goals and performance using the data provided by the software's report format.

Unstable Internet Connectivity: Several users have experienced difficulties with QNE Accounting Software due to its dependency on a stable internet connection. Users in areas with unreliable internet connections have found it problematic to access certain functions of the software, hindering their workflow.

Difficult Navigation and Information Retrieval: Some reviewers have expressed frustration with the software's navigation and information retrieval capabilities, particularly for beginners. They found it challenging to locate specific information within the software, which has resulted in inefficiencies and a steep learning curve.

Lack of Clear Access Rights: A number of users have encountered issues regarding access rights in QNE Accounting Software. They reported that the software lacks clarity when granting specific access permissions to staff members, even when all relevant icons are selected. This has caused difficulties in managing user privileges effectively.

QNE Accounting Software has proven to be a valuable tool for users, solving a range of problems and enhancing various accounting tasks. Users have reported that the software eliminates the need for repetitive data entry to VAT Relief and Alphalist reporting to BIR, saving them time and effort. This feature allows users to go home early and achieve a better work-life balance. Additionally, the software enables users to check customer balances in detail, track product expiry dates, and manage stock in and out balances, improving overall accounting efficiency. The ability to generate real-time reports and updates on operations has been praised by customers, as it allows for easy access to desired transactions and enhances decision-making processes. Furthermore, the comprehensive reports provided by QNE Accounting Software for stock control, accounts payable and receivable, and other functions have been highly regarded by users. Overall, users have found the software user-friendly, reasonably priced, and helpful in simplifying the bookkeeping process.

Acumatica delivers a set of cloud-based business software applications with dashboards, reporting tools, integrated document management, centralized security, and customization tools.

Acumatica

Xero is an online accounting software product for small businesses and personal finance. Its features beyond general ledger and double-bookkeeping include quotable invoicing, bank reconciliation, purchase order and expense management, and tax management. Third party apps can extend its features further.

Early

Growing

Established

QNE Accounting Software

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

Accounting software automates and streamlines financial management, from core functions like accounts payable and receivable to complex tasks like ledger management and reporting. They are aimed at enhancing accuracy, providing real-time financial insights, and ensuring compliance. Advanced systems integrate with other business tools, supporting everything from expense tracking to payroll. Explore user reviews and comparisons to find the best accounting software for your business.

QNE Software

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.

Dashboards

Users can create, customize and share dashboards, which provide an overview of the most important metrics.