MultiLedger Integrated Accounting Review - why 2.8 stars?

Shlomi Lavi / updated: Dec 17, 2019

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What is MultiLedger Integrated Accounting?

MultiLedger Integrated Accounting is an on-premise fully integrated and comprehensive accounting software that is tailored for the small and mid-sized businesses. The software automates accounting processes and merges various functionalities into a single package.

Some of these functionalities include inventory management, expense reporting, billing and invoice, bank reconciliation, and many more. MultiLedger Integrated Accounting can be installed on the Mac and Windows operating systems. MultiLedger Integrated Accounting is a product of CheckMark, Inc. CheckMark was founded in 1984 in the United States and has grown over the years in serving the small and mid-size businesses.

Who is it best for?

Customers Customers of the software mainly include small and medium businesses hailing from a variety of industries. Major industries where it can be used include financial services, retail and wholesale, automation and manufacturing, real estate, and others.

Main features and functionalities

The software offers creation and management of invoices along with the management of payables and deposits. Management is offered for multiple sales tax categories along with calculation of sales tax commissions. Credit limits can be set up for customers as well as vendors. Pop-lists are offered for accurate and quick entry of transactions. The software also offers tracking for over 90 profit centers.

With MultiLedger Integrated Accounting, quotes can be quickly converted into invoices and purchase orders into payables. It also allows recording of customer payments and updating customer history with a single transaction entry. Bank-ready deposit lists can be printed along with automated handling of payables. Other important capabilities include bank reconciliation and automatic backup reminders.

What is the actual cost?

The cost of license starts at $499 per license. ITQlick pricing score is 2 out of 10 (10 is most expensive). Access ITQlick pricing guide for MultiLedger Integrated Accounting.

Pros

• Intuitive interface.
• It allows direct deposit.
• It has integrated payroll processing.
• It has an easy to use user interface that does not require technical knowledge.

Cons

• No integration with third-party applications and e-commerce.
• Not accessible on mobile devices, which is what most small businesses use.

How it stacks up?

Access a head to head analysis of MultiLedger Integrated Accounting vs alternative software solutions.

Frequently Asked Questions (FAQs)

Is MultiLedger Integrated Accounting right for you or your business?

MultiLedger Integrated Accounting is designed to fit small and mid-sized businesses and can be used by both individuals as well as organizations in any field. Anyone in hunt of a multi-user and cross-platform accounting tool to monitor and manage cash flows will find this software to be quite helpful. Some customers of this product include Pappas Restaurants, Hatch Furniture, Cherokee & Walker, and Martinez Finance Group, among many more.