Fusion Accounts Review - why 4.5 stars?

Shlomi Lavi / updated: Mar 02, 2022

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What is Fusion Accounts?

Fusion Accounts is a cloud-based core accounting software designed to provide business owners, bookkeepers, and accountants with real-time access to financial data. The software comes with features such as:

• Financials: This feature comes with sub-features such as bank reconciliation, bank transfers, nominal/general ledger, management reporting, drillable reporting, trial balance, profit & loss, and balance sheet.
• Anytime, Anywhere Access: End-users can get instant visibility of their financial position. They also can access their accounts and perform transactions from any location. They can also receive real-time, pro-active advice from your accountant/bookkeeper.
• Business management: This feature enables fleet managers to keep track of all their products/services, basic stock control, record general & customer receipts, record general & supplier payments, and run reports on their sales and products.
• Multi-User Access: With this feature, multiple users can access Fusion simultaneously ensuring the right person to do the right job. Each user can set specific user roles.
• Customers & Suppliers Management: End-users can locate contact details quickly, see who owes them money and when it is due (Aged Debtors). They can also see who they owe money to and when it is to be paid (Aged Creditors). They can also generate professional quotations and invoices, create credit notes, and run reports on their customers and suppliers.

Fusion Accounts is a core accounting software that started in 2004. The company is headquartered in Belfast, County Antrim, Northern Ireland. The company has a workforce of up to 50 employees.

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Who is it best for?

The typical customers include the following business size: Small, medium and large size businesses.

What is the actual cost?

Fusion Accounts offers three license pricing options; Standard, Foreign Trader, and Professional. The Standard plan starts at £14.95 per month. Foreign Trader starts at £19.95 per month. Professional start at £29.95 per month.

The Standard plan comes with features such as Email Support, Unlimited Transactions, Free feature updates, Automatic Backups, Anytime, Anywhere Access, Multi-User Access, Unlimited Invoicing, Unlimited Bank Reconciliation, etc. Foreign Trader comes with everything in Standard with an addition of the Multi-Currency feature. Professional comes with everything in Foreign Trader with an addition of the Sales and purchase order processing with a stock feature.

ITQlick pricing score is 6 out of 10 (10 is most expensive). Access ITQlick pricing guide for Fusion Accounts. You can also find here pricing information from Fusion Accounts's website.

Pros

• Fusion Accounts offers a quick and easy setup and initialization
• The software offers dual currency processing
• The software offers an excel export option at almost every step along the Fusion path

Cons

• Limited support channels
• Limited number of integrations

How it stacks up?

Access a head to head analysis of Fusion Accounts vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is Fusion Accounts right for you or your business?

Fusion Account is a good choice for end-users looking for a Core Accounting system that gives businesses and their trusted advisers real-time access to invoices, bank transactions, VAT, and financial reports. The program automates and streamlines the day-to-day bookkeeping process, helping firms to better manage their cash flow and operate more efficiently. Fusion Accounts has customers like Savelli Consultancy Ltd, Neueda Technologies, W J Miscampbell & CO, etc.