Accounting Basic Features
March 11, 2019David Regimbal
Patriot’s Accounting Basic Software is a simple online system for small business owners. Here are some of the accounting system features you can expect from our streamlined product.
Features of accounting software for small business
- An easy-to-use accounting system, with no unnecessary bells and whistles for the basic user
- Select your accounting method, cash basis, modified cash basis or accrual.
- Create and send customer invoices, receive payments
- Receive credit card payments
- Import bank activity
- Pay vendors and issue 1099s
- No additional accounting training required
Integrates with Patriot Software products
Online Accounting, Anytime or Anywhere
- Keep an eye on your business finances anytime or anywhere.
- No downloads or backups necessary — Patriot’s Accounting Software is always up-to-date.
- We use plain language so you don’t need to be an expert.
- Definitions and accounting help articles will help you find answers quickly.
Chart of Accounts Tracking
- Set up an unlimited number of accounts.
- View account balances at a glance.
- Track account activity.
Easy Vendor Payments
- Pay vendors and record other expenses, like utilities
- View payment history to vendors
- Print out 1099/1096 forms
- Optional 1099 E-filing available Jan 1- March 31st.
Easy Customer Invoicing
- Create unlimited items or services with default prices
- Specify sales tax rate
- Save invoices in PDF format for emailing or printing
- Add comments, create descriptions
- Flexible invoice numbering
- Easy void process
- Record customer payments
- Quickly view unpaid invoices
- Account Balances: Shows the balance as of a date for each account
- Activity by Account: Shows deposits, withdrawals, and current balances for each account
- Profit & Loss Statement for Small Business: View a summary of your income and expenses
- Balance Sheet: Shows your Asset, Liability, and Equity account balances as of a date.
- Customer Invoices: paid and unpaid
- Customer Payments: a report of money received by date range/source
- Vendor Payments: money paid to vendors, bills paid
- Missing 1099 Information: shows any vendors with missing tax info
- 1099/1096 Summary Report: a preview of all amounts to be printed on Form 1099
- Your business finances are nobody’s business but yours. Access Patriot’s online accounting for small business with one secure login.
- Why use an accounting system with more bells and whistles than you actually need? Online access to Patriot’s Accounting Software is only $15.00 per month.
- There’s no obligation, and you can cancel anytime with no hassle.