An accounting and payroll software by Avanquest which is intended for handling bookkeeping tasks at small businesses and startups.

Product Overview

Bookkeeper by Avanquest is a core accounting and payroll software designed for simplifying small business operations. It comes complete with Accounts Payable, Accounts Receivable, inventory, payroll and a host of additional features that will handle all of your small business needs. There are over 30 reports to show actionable business analysis. The software also supports eCommerce integration and inbuilt check printing.

Users can select the online download or request a boxed version. An extended download service is optional and covers a period of 2 years.

Pros

  • One-time fee with optional extended download service
  • Backup physical CD available
  • Supports direct deposit payroll

Cons

  • Need to purchase new annual versions for updated tax forms and tables
  • Boxed version requires a DVD-ROM drive to install

Target Market

Small businesses and startups seeking a simple, affordable accounting and payroll solution.

Features

Accounts Payable Features

  • Entering Payables Transactions
    • Include discounts in payables
    • Make payables recurring for automatic payment
    • Apply vendor credits
  • Check Writing, Cash and Credit/Debit Card Payments
    • Split payables checks across separate accounts
    • Assign payable line items to jobs
    • Import both Expense and Timesheet data
  • Vendor Management
    • Support for 3rd party payees
    • Specify opening balances
    • Customize vendor information fields

Accounts Receivable Features

  • Quickly Create Invoices and Estimates
    • Convert estimates to invoices with one click
    • Import billable hours and employee expenses
    • Apply discounts by line item or whole invoice
  • Includes layouts for Professional, Product and Service invoices
    • Several layouts with customizable colors
    • Ability to add logos to estimates and invoices
    • Email invoices directly to customers

Banking Features

  • Support for ATM transactions
  • Quickly make miscellaneous debit and credit transactions
  • Transfer money between accounts
  • Manual deposits
  • Import transaction data directly from your bank
  • Quickly reconcile bank account (support for adding missing transactions on the fly)

Inventory Features

  • Create purchase orders
    • Supports drop-shipping of product from manufacturer directly to customer
    • Add freight charges
  • Inventory Management
    • Include detailed descriptions for color, size, dimensions, weight, and a product image
    • Set inventory low and re-order levels
    • Barcoding is supported

Payroll Features

  • Process salaried, hourly and contractor payrolls.
    • Calculate earnings and deductions
    • Print W-2, W-3, 1099, 1096, 940 & 941 forms
    • Automatically calculate taxes (federal, state, social security, Medicare, FUT, SDI, SUI and Workers’ Comp)

Reporting Features

  • Standard Reports
    • Over 125 reports and forms available
    • Customizable reporting
    • Export reports to Excel, PDF, Text and CSV formats
  • Graphical Reports
    • View sales, expenses, and P&L data over a customizable period of time
    • Include comparisons to previous date ranges or similar accounts.

Additional Features

  • Supports up to 5 different companies
  • Password security for limiting payroll and bank account access
  • Automated reminders and ability to create custom To-Do’s
  • Import data from QuickBooks
Starting Price
$40 (perpetual license)
Price Range Learn More
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Product Overview

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User Reviews of Bookkeeper Avanquest

★★★★★
★★★★★
Submitted on August 14th, 2023 by Frederick

After years of using the most popular software and that company moving to a monthly fee, I looked for an alternative for my small business. I found Bookkeeper and was skeptical because of the low price. I was pleasantly surprised that it had all the features and more than needed at a affordable one time price. I do recommend giving it a try if you are looking for an accounting system for a small or medium sized business.

The Good…

Bookkeeper is very affordable SMB Accounting software that has the functionality of the largest with no monthly fee. The user interface is intuitive and has a short learning curve.

The Bad…

Although intuitive, the user interface feels “dated”. However, it is quite easy to use. I have experienced data corruption, so backup often. I generally do backups before and after entering a significant amount of transactions.

★★★★★
★★★★★
Submitted on May 30th, 2022 by Anonymous

Very disappointed to find out that I cannot save anything from this program onto my device so I can send estimates or invoices electronically, the only option being print.

The Good…

None

The Bad…

cannot save files to exported destination

★★★★★
★★★★★
Submitted on December 10th, 2013 by John

Its fine for keeping track of rev & expenses. Some learning curve to figure out how to use and accurately record transactions. Reporting is fine. Great product for the price.

The Good…

1 time affordable cost without monthly fee

The Bad…

Nothing stands out. With any software, there is a learning curve.