Overall Satisfaction with Paychex Accounting Online
Used for double-entry accounting that we integrated with Paychex payroll solutions; used mainly by the accounting/payroll team. It lacks some bookkeeping features though that other applications offer such as purchase orders, item tracking, and comprehensive contact records. It is great for Double-entry accounting and very user friendly.
- Interactive dashboard
- Double-entry accounting
- Customizable Chart of Accounts
- Standard financial reports: Balance Sheet, Profit and Loss, and Trial Balance
- You can connect to the financial institutions where you have accounts and download transactions
- Can't assign invoices to categories like salesperson, division, or location, nor can your customers return a payment via credit card (there's no support for merchant accounts).
- Certainly increased employee efficiency, the website is easy to understand and use