Universal Accounting Review

Universal Accounting is a full version multiplatform program (also available for Windows) that belongs to the category Business software with subcategory Finance (more specifically Accounting). Its last update was on 1 July 2016.

The application features an intuitive interface that makes it easy to set up and use. It allows users to track all types of expenses, income and cash flow, as well as create invoices and generate reports. The program is also equipped with an integrated bank account manager that can import transactions and automatically categorize them. In addition, it can make transfers between multiple accounts and send them to banks or payment processors.

Another good option is Brightbook, a straightforward accounting solution for freelancers and self-employed professionals who don't need to manage inventory or assets. It also allows users to set transaction categories and run more than 40 financial reports. However, it lacks some features that more rapidly growing businesses need, such as audit trails and third-party integrations. In addition, its customer support department is limited to email and is only available during weekdays.

Lastly, Akaunting is another free accounting solution with some good features. Its double-entry accounting and invoicing capabilities help small businesses track and record expenses, sales and revenue. It also integrates with Square and PayPal to allow users to accept digital payments. However, some users complain about the company's lack of responsiveness to their queries and its inability to accommodate a range of tax laws.