atACC 2.7 Accounting and Inventory Package

Wednesday, February 22, 2006

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This accounting and inventory package has enough features to be useful for any small and medium business. The software is easy to install and use. It installs in two parts, Server and Client, and provides two elements: Accounting and Inventory. You need to enter company details to use these elements. You can use only the Accounting element while creating a company. A good feature in the software is the in-built VAT support provision; it is activated if VAT number is provided while entering the company details.

The features provided include Departmental Accounting, Reverse Calculation, Edit Lock (locks records for editing), Foreign Currency Transactions and Bar Code printing. The software has four editions targeting different user requirements: SOHO, Lite, Standard, and Premium. The Standard and Premium editions provide hardware locking also. There are a lot of features and options provided for customizable reports. You can view reports for Sales, Purchases, Creditors, Debtors, Foreign Currency Transactions, Fund Flow, Cash Flow and other accounting and inventory tasks. The software also allows customizing the Client GUI as per user requirements. For example the Tax field can be removed if the transactions being recorded are not tax related. The Software also provides support for multiple currencies and has a feature to get currency exchange rates from the Internet.

Coming to accounting and inventory features you will find options for initializing accounts, products, services, batches, budget, and slabs. For transactions the software has options for Cash, Bank, Cheques, and Purchases. You can also make a sales estimation using the software and there is a detailed menu for inventory transactions also.

Along with detailed reports the software also provides options for graphical representation of data. There is a menu for graphs, which has options varying from Monthly Sales and Purchases to Inventory and Expenditure Analysis. The option for data backup and recovery and the software prompts to regularly back data after before a user is logging out.

Bottom Line: With a sufficient features list, and an easy-to-use interface, the software is a good accounting solution for small and medium businesses.

Anadi Misra

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