Accountect

Accountect

Accountect Technologies Inc.
Gen BAL

Gen BAL

SAG Infotech Pvt Ltd
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About

Accountect is the world’s first cloud-based connected accounting platform that connects customers and vendors in real-time. Accountect’s connected workflows enhance operational efficiency and enable instant reconciliation of accounts. It is designed for users with little or no understanding of accounting. Users can use simple prompts to maintain professional accounting records and generate multiple reports. With instant transaction and document alerts, Accountect enables users to stay on top of their business.

About

SAGInfotech's Gen Balance Sheet Software is the premier choice for any tax professionals and chartered accountants (CA) who need to maintain their P&L and balance sheet account statements. The software also makes cash flow statements in Excel format. It is a comprehensive financial document that prepares and simplifies the task for tax accounting professionals. It offers different kinds of features, including the calculation of accounts, and various user-friendly financial statements in a very easy-to-understandable format. Additionally, the software offers Import and export options, which makes it integrate with third-party popular applications such as Tally and Busy. This permits users to perfectly manage their financial data in a single place.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Supported
iPad Supported
Android Supported
Chromebook Not Supported

Platforms Supported

Windows Supported
Mac Not Supported
Linux Not Supported
Cloud Not Supported
On-Premises Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Traders, Wholesalers, Distributors and Product Vendors

Audience

Accountants and tax professionals seeking a solution to manage their financial processes

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Supported
Online Not Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

$9.99/month
Free Version Supported
Free Trial Supported

Pricing

β‚Ή6000 per year
Installation Price - β‚Ή6000 + 18% GST

Updation - β‚Ή3500 + 18% GST
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 4.9 / 5
design 4.2 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • I am extremely satisfied with Gen Balance Sheet Software as it simplifies my audit and financial reporting assignments while keeping them up to date. The software automatically prepares Profit & Loss Accounts, Notes to Accounts, and Schedule III-compliant Balance Sheets. It also helps me generate audit documentation, financial statements, CARO reports, Directors’ Reports, certificates, and other statutory documents with ease. Additionally, I can conveniently download templates and import them into the software, which saves time and enhances productivity.
  • I use this software in my firm to prepare Profit and Loss statements and Notes to Accounts as per Schedule III and Schedule VI requirements. The software allows automatic preparation of the Balance Sheet, both with and without the Revised Schedule III format. It also provides depreciation computation as per the Income Tax Act and the Companies Act, along with preparation of the Fixed Asset Register. Additionally, I can easily import and export data through Excel, eliminating the need for manual data entry.
  • After using the Gen Balance Sheet software for five years, I can easily generate my UDIN registration with it. I also use it to calculate ratios for multiple years and merge two trial balance files. I even prepared the company auditor’s report, CARO, IFCR, Notes to Accounts, Director’s Report, Representation Letter, Notice, Certificate of Confirmation, Balance Sheet as per Schedule III, and more. The working process of this software is very simple and manages all your tasks efficiently.
  • I use this software to file to import my Tally data into the Gen Balance sheet software. Also, it can easily merge the two balance sheet data. The advanced features of this software are cash and fund flow, Form 15CA and 15CB, Form 16 and 16A, etc, with unlimited user access. I also remember that during the deadline period, I was very much depressed about how I failed, but thank you, support team, they resolved all of my queries immediately.
  • Gen Balance Sheet is a widely used software for preparing balance sheets. For 10 years, I used this to simplify the process of preparing profit and loss statements, importing financial data from Busy and Tally. Additionally, after using this, it can generate cash flow statements, prepare audit documents, and calculate depreciation quickly and easily.

Cons

  • The software is equipped with advanced features and is regularly updated with the latest utilities and templates.
  • I have not experienced any drawbacks or dislikes while using this software.
  • Prepare the Auditor Report and Tax Audit Forms 3CA, 3CB and 3CD
  • Advanced software for easy access by users and businesses
  • Generate the financial reports easily and on time for me

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Supported

Company Information

Accountect Technologies Inc.
Founded: 2023
United States
accountect.com

Company Information

SAG Infotech Pvt Ltd
Founded: 1999
India
saginfotech.com/GenBal.aspx

Alternatives

Alternatives

Tally Book

Tally Book

Tallybook.org
Account Control

Account Control

Save Solutions
Patriot Accounting

Patriot Accounting

Patriot Software
Bokeping

Bokeping

UTAXES, LLC
Gen XBRL Software

Gen XBRL Software

SAG Infotech
VRTrust

VRTrust

VRPlatform

Categories

Accounting Supported

Categories

Accounting Supported

Accounting Features

Accounts Payable Supported
Accounts Receivable Supported
Bank Reconciliation Not Supported
Billing & Invoicing Supported
Cash Management Supported
CPA Firms Not Supported
Cryptocurrency Support Not Supported
Expense Tracking Supported
Fixed Asset Management Not Supported
Fund Accounting Not Supported
General Ledger Supported
Government Not Supported
Multi-Currency Supported
Nonprofits Not Supported
Payroll Management Not Supported
Project Accounting Not Supported
Purchase Orders Supported
Tax Management Not Supported

Integrations

No info available.

Integrations

No info available.
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