Accountect Accounting

Accountect is an accounting platform that connects vendors and customers in real-time. Connected Customer and Vendor Accounts: • Send a connection request to your partner. • Create and Share transactions and documents. • Receive Real-Time Transaction and document alerts. • Instantly Reconcile Accounts. Accountect allows businesses to create and share professional business documents. 1) Connected Invoices Send and receive Invoices. Collaborate in real-time. Accept and reject as appropriate. Track Payments and the Status of each invoice. 2) Connected Purchase Bill & Connected Expense Bills Create Purchase and Expense Bills instantly by accepting Invoices. Easily track pending Bills and update your accounts automatically. 3) Connected Estimates: Send and receive real-time estimates instantly and validate them with e-signatures and stamps. 4) Connected Purchase and Sales Order: Streamline the purchase and sale process by creating, approving, and tracking purchase and sales orders. 5) Connected Packing Slip: Create packing slips for all product dispatches and receive delivery confirmation from your customers. 6) Connected Purchase and Sales Return: Create and send Purchase or Expense Returns to vendors and automatically adjust accounts and inventory. Introducing the World’s first Connected Marketplace and Order Book. i) An Online Store: Showcase products and services to customers ii) Connected Orders: Order directly from vendors. Collaborate on orders through Comments and Request discounts. iii) Real-time information: View real-time pricing and stock availability. iv) Automated Accounting Automate invoicing, billing, and inventory updates for every order. Inventory Management: i) Products Keep track of inventory in real-time and receive low-stock alerts. ii) Services List all your Services. iii) Bundles Create a bundle by combining different items in pre-determined proportions. iv) FIFO and LIFO Select a suitable method for automatically adjusting the stock levels. Sale i) Sales Journal Check the Sales Journal to view all sales, generate reports, and analyze patterns. ii) Sales Receipts Create Sales Receipts for one-time customers. iii) Daily Sales Receipts Create a single daily sales receipt to record total daily sales. Purchase: • An Interactive Purchase Journal Record all Purchases and Returns in the Purchase Journal. • Purchase Bill Summary View all payments and transactions related to a Purchase Bill. Expense: • Closely Track all your spending Create expense bills and receipts. Track expenses in the Expense Journal and generate reports. • Expense Categories Sort your expenses into different categories to analyze spending patterns. Financial Journals: i) Cash ii) Bank iii) Credit Card One-Way Accounts • Add Customers and Vendors Create accounts for business partners that are not on Accountect. • Public View Generate a shareable link to give business partners real-time access to their account information. • One-Way Transactions Create sleek professional documents and transactions, and share them via email or a public link. • Payment Reminders Send Payment Reminders to improve collections • Account Limit: Receive a notification when a customer surpasses a predetermined credit limit. Accountect is equipped with a wide range of useful features. • Reports Generate 60+ Accounting reports. • Overview Get a complete overview of your entire business. • E-Signature Validate business documents by using electronic signatures and stamps. • Cloud Drive Store all your Accountect documents on the cloud drive. • Pre-Defined User Roles Manage the Permissions of each team member • Document Series Create a Customized Document Numbering Series. • Backup Create a secure backup of all your account data. • Account Deletion Permanently delete the account.