Are you looking for web-based accounting software to automate your accounting activities like purchasing, AR, AP, and inventory stock? It is essential to have automated software or system to enhance your business.
We are here to discuss FrontAccounting ERP software.
This article discloses the FrontAccounting ERP features, pricing, advantages, and disadvantages.
New version: 2.4.15
Released date: February 24, 2023
What is FrontAccounting?
It is a free, open-source, web-based software specially designed for accounting purposes. It is suitable for small and medium-sized businesses.
FrontAccounting will help you to streamline your process. This software automates many accounting activities, such as purchasing, accounts receivable, and accounts payable. This can save a lot of time and improve accuracy.
In addition, this ERP integrates with other software applications, making it easy to manage all your business information in one place and very affordable.
- It is multilingual and multicurrency, and multiuser software
- It provides double-entry accounting
- Written in PHP and MSQL
Pricing
This software offers a free version, and The pricing model is per feature type. For more pricing details, contact the vendor only.
Other information
Deployment – Cloud, SaaS, and web-based.
FrontAccounting Modules
Sales and Accounts Receivable
- Prepares sales quotation
- Opening customer accounts and branches
- Prepare sales orders and goods delivery notes
- Prepares customer invoices and credit notes
- Prepares customer invoices and batch invoicing
Purchase and Accounts Payable
- Open supplier accounts
- Make purchase orders, receivable notes
- Prepares debit and credit notes for supplier
- Taking care of the Purchase price list
- Maintaining the scanned documents and purchase invoices
Inventory and Stocks
- Maintains the record of stock by defining its category and location
- Automatic calculation of material cost and maintains the reorder level of inventory
- Barcode scanning and foreign registration procedure
- Measuring the number of items into standard units
Manufacturing
- Prepares bills of materials
- Prepares work order entry
- Manages the work center inquiries
- Simple assembling of the features
- Quickly adding the advanced production
Dimensions
- Two-level dimensions are possible
- Department level and cost level
Cash and Bank
- Opening the bank account and petty cash account
- Managing the payment records, withdrawals, and deposits
- Prepares bank account reconciliation
- Foreign currency translation
General Ledges
- Opening the general ledger and passing the journal and budget entries
- GL with details of inquiries and drill-down reports
- Filtering the GL
- Quick entries in bank transactions and journal entry
- Gernoul entry view option is available
Fixed Assets
- Fixed asset sales, purchases, and inquiry
- Maintains the disposal, depreciation, and location transfer of fixed asset
Access Levels and Adaptations
- Multiuser access rights and multi companies can setup concurrently
- Feature of backup and restore
- Simple audit
Reports
- Generating the reports periodically
- Graphical representation of financial analysis
- Exporting the reports in MS Excel or open office calc format
- Sending the reports in PDF format through Email or print to customers
Apart from these general modules, the software also offers some advanced modules listed below.
- Multicurrency Support
- Advanced GST/VAT handling
- Malti Language Support
Advantages
- It provides double-entry transactions, processing, and supporting functionalities.
- It has flexible tax configuration potentials.
- It is user-friendly, cost-effective, and very convenient to use.
- No subscription fees, no licensing fees, and no upgrade costs.
Disadvantages
- It does not provide a free trial.
- You cannot find customers by name, phone number, or address.
- The robustness can cause duplication, and the simplicity can sometimes make it difficult to use.
FrontAccounting Alternatives
- Patriot Accounting
- CosmoLex
- DLS Financials
- Ecount
- Zohobooks
- Infor ERP
- Accounting power
- AccountMate
- Sage Intacct
- Netsuite
- Freshbooks
You can find more open-source ERP software similar to FrontAccounting.
Conclusion
FrontAccounting is a free accounting software package that offers many features and advantages. While there are a few limitations to consider before making decisions. Overall, Frontaccounting is an excellent choice for small businesses or organizations looking for affordable.
We hope this blog post has helped you to get a clearer picture of frontaccounting and helped you to find good financial accounting software.
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