Name: TurboCASH
Author: TurboCASH

Help Desk

Web and Video Conferencing

Customer Support

Changelog

Mind Mapping

Mobile App Development

Development

Business Intelligence (BI)

Collaboration

Corporate Performance Management (CPM)

Desktop Publishing

Enhanced 911 (E911)

Manufacturing Execution

Org Chart

Smart Spaces

VoIP

Enterprise

Accounting

Cryptocurrency Mining

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Course Authoring

Credentialing

HR Compliance

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

AI Governance

Cloud Storage

Endpoint Encryption

Fraud Detection

HTML Editors

In-Memory Databases

Incident Response

Integration Platform as a Service (iPaaS)

Network Operating Systems

Network Performance Monitoring

Routers

SIP Trunking

Storage Area Network

System Monitoring

Technology Scouting Software

Traffic Switching

Wireless LAN

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Audience Engagement

Content Management

Content Marketing

Customer Reference Management

Data Management

Digital Signage

Email Marketing

Marketing Automation

Online Reputation Management

Social Login

Social Media Management

Social Media Publishing

Survey & Forms Building

Web Analytics

Marketing

Field Service Management

Project Management

Professional Services

Customer Relationship Management (CRM)

Quote to Cash

Sales

Auto Repair

Emergency Notification

HIPAA Compliance

Home Health Care

Insurance Agency Management

Intelligent Document Processing

OSS/BSS (Operations Support/Business Support)

Retail Analytics

Smart Cities

Vertical-Specific

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TurboCASH is an accounting software designed to meet the financial management needs of small and medium-sized businesses. According to the vendor, TurboCASH offers a range of features to assist users in efficiently handling financial transactions, tracking expenses and income, generating comprehensive financial reports, and performing other essential accounting tasks. The software is suitable for accountants, bookkeepers, small business owners, freelancers, self-employed professionals, retailers, e-commerce businesses, and non-profit organizations.

## Key Features

**Double Entry General Ledger**: According to the vendor, TurboCASH provides a double-entry general ledger accounting system, ensuring accurate recording and tracking of financial transactions. This feature maintains the balance of accounts and enables businesses to generate comprehensive financial statements.

**Open Accounting Software**: TurboCASH is an open accounting software that allows businesses to access and modify the source code, according to the vendor. This flexibility enables customization of the software to meet specific accounting needs.

**Scalability**: TurboCASH is designed to scale with businesses of all sizes, according to the vendor. It can serve as a core accounting package for small enterprises and a planning and IFRS reporting tool for larger organizations. This scalability ensures that TurboCASH can accommodate the changing needs and growing complexities of businesses over time.

**Multi-Language and Multi-Currency Support**: TurboCASH supports over 20 languages and can handle various tax regimes and currencies, according to the vendor. Each user can customize reports and invoices in different languages or terminology. This feature allows businesses to operate globally and cater to the specific requirements of different regions.

**Batch Driven Data Entry**: TurboCASH offers batch-driven data entry functionality, according to the vendor. This feature simplifies the data entry process, especially for businesses with high transaction volumes, by allowing users to enter transactions in a familiar spreadsheet format. Users can easily import and export data in batches, making it convenient to manage large volumes of financial data.

**Powerful Reporting and Analysis**: TurboCASH includes a report writer that enables users to generate comprehensive financial reports and perform in-depth analysis, according to the vendor. Users can create custom reports, such as trial balances, income statements, balance sheets, and budget vs. actual reports. This feature provides businesses with valuable insights into their financial performance and aids in decision-making.

**Stock Management**: TurboCASH offers stock management capabilities, according to the vendor. Users can create stock codes, set up stock types and groups, and monitor stock levels. This feature helps businesses optimize their inventory management, improve order fulfillment, and control costs.

**Debtors and Creditors Management**: TurboCASH provides tools for managing debtors and creditors, according to the vendor. Users can create debtor and creditor accounts, set up payment terms, and generate statements and reports. This feature helps businesses maintain healthy cash flow, improve collections, and manage vendor relationships.

**Invoicing**: TurboCASH includes invoicing functionality, according to the vendor. Users can customize invoice templates, add line items, apply taxes, and track payment status. This feature streamlines the invoicing process, improves accuracy, and enhances customer communication.

**Integration and Data Sharing**: TurboCASH supports data import and export, according to the vendor. Users can integrate with other systems and share data with external stakeholders. This feature allows users to import data from other accounting systems and export data to spreadsheets or other file formats. It facilitates seamless data exchange, enhances collaboration, and simplifies integration with other business applications.

TurboCASH has proven to be an invaluable tool for users seeking efficient data storage and accessibility. Customers have praised its usefulness in managing accounts and generating financial reports over the course of nearly three years. Its user-friendly interface makes it easy to navigate for daily management tasks and tracking debtors aging. Reviewers have consistently highlighted TurboCASH's stability and reliability, ensuring that important financial data is securely stored. Additionally, customers appreciate its open-source nature, which allows students to explore different methods and potentially develop even better software solutions. TurboCASH's ability to track exchanges in the cloud further adds to its appeal, making it a valuable resource for businesses and individuals who prefer not to store their data locally. With its solid performance and comprehensive features, TurboCASH has become a trusted choice for accounting software, as demonstrated by Advanced Financial relying on it to run their entire database.

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

Acumatica

SAP S/4HANA Cloud

TurboCASH

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.

Dashboards

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

Standard reports

The software offers pre-built reports with metrics standard to the category.

Custom reports

Customization

This addresses a company’s ability to configure the software to fit its specific use case and workflow.

API for custom integration

An API (application programming interface) provides a standard programming interface for connecting third-party systems to the software for data creation, access, updating and/or deletion.

Plug-ins

A number of third-party plug-ins are available to expand the core functionality of the software.

TurboCASH

Overview

What is TurboCASH?