Omni Accounts
An on-premise, modular accounting software and ERP supporting bank reconciliation, stock management, and invoicing. Acquired by Kerridge Commercial Systems on March 4, 2024.
Product Overview
Omni Accounts is a financial management software with over 100 accounting features. Key features include bank reconciliation, customer invoicing, a nominal ledger, and stock management. The software operates in both stand-alone and multi-user networked environments. Omni Accounts’ ability to customize reports and conduct tax returns makes it a good fit for businesses seeking a comprehensive yet adaptable solution. It also offers ERP modules like manufacturing, inventory, and retail, making it an effective modular ERP system.Pros
- Offers different bundles to fill different business needs
- Provides over 100 accounting features
- Delivers customizable reporting
Cons
- Does not include a payroll module
- Not yet fully adapted to the cloud
Target Market
Small to medium-sized businesses requiring a flexible and customizable accounting solution or ERP. Works best for distributors, retailers, and accounting firms.Omni Accounts is a financial management and ERP software equipped with over 100 accounting features. A key aspect of this software is its flexibility in feature selection. Smaller businesses can start with the Omni Essential bundle and selectively add individual features as required.
Omni Accounts was recently acquired by Kerridge Commercial Systems on March 4, 2024. While primarily used in South Africa, the acquisition aims to give the system a global presence, as KCS has offices in the US, UK, Europe, and Africa.
Omni Accounts Key Features
Banking
- Bank reconciliation, including auto and batch entries
- Management of multiple bank accounts and inter-bank transfers
- Detailed transaction tracking with splits and mixed types
Customer Management
- Customer records, including history, contact details, and transaction processing
- Age analysis, audit trails, and customizable statements
- Management of customer categories, areas, and settlement discounts
Invoicing
- Creation and customization of customer invoices and credit notes
- Options for reprinting and emailing sales documents
- Sales orders, delivery notes, and line item sales discounts
Nominal Ledger
- Extensive audit trails and standard financial reports (balance sheet, profit & loss, trial balance)
- Editable batches, nominal ledger budgets, and recurring journals
- Journal accruals and batch import options
Stock Management
- Detailed stock item tracking, including discounts, levels, and audit trails
- Management of product categories, groups, and multiple warehouse locations
Supplier Management
- Supplier details management, including transaction history and processing
- Age analysis, audit trails, and customizable statements
- Supplier categories, detailed analysis, and memo management
- Supplier document management, including invoicing, credit notes, and purchase orders
Manufacturing and Distribution
- MRP
- BOM
- Decanting production batches
- Job costing
- Serial batch numbers
Retail
- Inventory control
- Report writer
- Multi-currency support
Pricing
Omni Accounts has 6 different packages, all once-off payments. Its “Trader” package starts at $46 and includes basic accounting software functionality. The package tiers increase in price and features, with the largest “Premium” package starting at $813. Add-on modules include MRP, CRM, and advanced report writer.
Product Overview
Developer Overview
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