Adminsoft Accounts Review - why 4.4 stars?

Shlomi Lavi / updated: Mar 12, 2022

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What is Adminsoft Accounts?

Adminsoft Accounts is an on-premises Desktop solution for accounting and bookkeeping needs. Two software Adminsoft has all the necessary features for basic accounting and bookkeeping, namely, sales ledger, purchase ledger, stock and inventory control, general ledger, invoice software, purchase order processing, bad debt write off, early settlement discounts, balance sheet report, overdue account letters, customer contact diary, payroll management, and human resource management.

In addition to the accounting and bookkeeping features, it also offers some additional modules for the restaurant trade, cafes, retail, and point of sale businesses. Adminsoft Accounts is owned by Adminsoft Company, a small company based in Nottingham, United Kingdom.

Adminsoft Company began its operations in 2006. The overall employees size of Adminsoft Accounts is 50 plus employees making it a small-sized business. Therefore, the target user size of Adminsoft accounts are small, medium, and large-sized organizations. You can run Adminsoft Accounts on various operating systems, including Windows 98, Windows 10, Mac, and Linux. However, on Mac and Linux, it can be used through Windows emulation.

Who is it best for?

The software is a useful product mainly for small and medium businesses, although there is no restriction on industrial affiliation. It can be used in such major industries as financial services, retail and wholesale, healthcare and hospitality, automation and manufacturing, government and public administration, and others.

Main features and functionalities

The software facilitates tracking of account and cash customers and manages invoices, credit notes, early settlement discounts, debit notes, cash refunds, and write-offs and adjustments. Visuals such as graphs and charts are used to represent payment and sales history and profitability. It also allows creation of a variety of report types including general customer report, cost analysis, sales analysis, and others.

Adminisoft Accounts facilitates creation of sales invoices using free text. It also offers invoice layouts, advice notes, delivery notes, credit notes, and proforma invoices which can also be customized. Other important capabilities include bank reconciliation, cash management, fixed asset management, and others.

What is the actual cost?

Adminsoft Accounts can be bought at $259.00 as a flat rate, as a one-time payment. There are other packages offered by Adminsoft Accounts. For three users the price is $479 and for six users the price is $699 and for ten users the price is $919. They also offer a free trial before you can make the purchase. Adminsoft Accounts also has a free version, which you can use for a lifetime without paying a single penny.

The price of Adminsoft Accounts is higher than the typical accounting software available in the industry. However, it is a one-time payment. Therefore, you do not need to pay anything else in the long run in exchange for any support or features. The pricing may seem higher for small businesses, but this price is actually way less than their accounting budget for enterprises.

ITQlick pricing score is 6.8 out of 10 (10 is most expensive). Access ITQlick pricing guide for Adminsoft Accounts. You can also find here pricing information from Adminsoft Accounts's website.

Pros

• The free-version fulfills the needs of small businesses
• Adminsoft Accounts is not that interactive, but it is easy to use
• It also has a module for human resources management
• The wide-variety of features fits the basic accounting and bookkeeping needs

Cons

• Adminsoft Accounts cannot be integrated with other tools, restricting users to an integrated business system
• Adminsoft Accounts is for Windows user only. Mac and Linux users need to use it on Windows Emulation

How it stacks up?

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

Frequently Asked Questions (FAQs)

Is Adminsoft Accounts right for you or your business?

Adminsoft Accounts fits the needs of those organizations that have small-scale businesses. Although enterprises can also benefit from this low-price system, it may become difficult because it does not allow any integrations. If your company has a straightforward pricing model, then look no further. Moreover, Adminsoft does offer a free version. You can use it first and then decide if you want to pay the price.