About Accounting Seed
Accounting Seed is a complete accounting solution powered by the Salesforce Platform. The three core components of Accounting Seed are General Ledger, Project Accounting and Enterprise Resource Planning. The General Ledger features includes full accrual accounting with a a sub-account structure that allows for 4 separate segments. This component enables you to manage projects and project tasks within the same ledger. You can also generate financial reports and statements, reconcile bank accounts, and manage accounts payable and cash disbursements. You can further manage your cash flow by setting up recurring billing, creating PDF invoices and printing checks.
Accounting Seed provides comprehensive project accounting, allowing you to measure project profitability against multiple budgets. Time cards with flexible variables allow you to manage project resources and associated expenses. Built-in expense reporting, scheduled revenue recognition and multiple billing assets depending on types of work, further allow you to manage project-associated costs and profits.
The Enterprise Resource Planning features included in Accounting Seed enable you to better manage inventory and sales orders. You can manage inventory levels and reserve inventory across a number of warehouses and locations. You can also covert opportunities to sales orders, creating custom, lite manufacturing or construction orders. You can also use the app to manage Customer Returns (RMAs), as well as installed assets.
Accounting Seed is also a multi-currency, multi-entity, and multi-national solution that works with companies across the globe from the U.K. to France to Ireland. The app makes it easy to manage multiple companies in one instance with tons of automation capability to give you the financial visibility and forecasting you need. Accounting Seed supports VAT and can be customized to multiple languages.
Pricing starting from:
Not provided by vendor
- Free Version
- Free Trial
- Subscription
Top 5 alternatives to Accounting Seed
Key benefits of Accounting Seed
Typical Customers
- Freelancers
- Small Businesses (2-50)
- Mid-size Companies (51-500)
- Large enterprises (500 and more)
Deployment
- Cloud-based
- On-premise
Markets
Australia, Canada, Germany, United Kingdom, Mexico , United States and 1 others
Supported Languages
English
Pricing starting from:
Not provided by vendor
- Free Version
- Free Trial
- Subscription
Top 5 alternatives to Accounting Seed
Images
Features
Total features of Accounting Seed: 87
Alternatives
NetSuite
Quickbooks Online
QuickBooks Online Advanced
Sage Intacct
Reviews
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- Industry: Telecommunications
- Company size: 11-50 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Best Accounting Software for Fast Growing SMB
Reviewed on 28/1/2019
We have been using Accounting Seed for a bit over a year now and our whole teams loves it!
We have been using Accounting Seed for a bit over a year now and our whole teams loves it!
Pros
Super easy to use and easy to customize to meet your needs
Cons
Not the easiest to transition over to and it lacks good quality consulting partners.
Response from Accounting Seed
Hi, Collin. Thank you for your awesome review of Accounting Seed!
We are thrilled to hear you are finding great value in the software and that it is meeting your needs as a fast growing small business.
We are always looking to improve - you mentioned there were some challenges with the transition. I would love to hear more about your experience. Please feel free to contact me at [email protected] to discuss in more detail or set up a phone call.
Again, thank you for taking the time to review our accounting solution! I look forward to connecting. - Shannon
- Industry: Computer Software
- Company size: 11-50 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
HIG Capital Backing Moving Accounting Seed to the Next Level
Reviewed on 23/2/2022
I have been working on the Salesforce platform for 17 years and with Accounting Seed for 10 years...
I have been working on the Salesforce platform for 17 years and with Accounting Seed for 10 years in accounting for my Legal Funding, Real Estate Rental and Professional Services businesses.
It is the ability to leverage the strength of the Salesforce platform that makes the experience strong and the HIG Capital investment and Partner environment that makes the future look stronger.
Pros
In 2021 HIG Capital made a majority investment in Accounting Seed that is moving this native Salesforce application to the next level. This investment has allowed the organization to move beyond an excellent leveraging of the Salesforce object architecture to add the competitive functionality of their more mature enterprise competitors such as Sage Intacct and Oracle Netsuite.
Newly release features include Multi-Ledger Consolidation with Elimination Entries, further advancements in reporting. Focusing on the importance of the partner channel has brought much needed integration with Bill.com, Partner Portals and applications.
Project Accounting is also been made stronger through a Project Management platform developed by the partner community.
Cons
The Accounting Seed Orders and Entry do not add up to the functionality required in an enterprise resource planning application. One needs to use an outside partner integrated application such as Legendary Supply Chain. The budgeting and commission functionality could still be improved although several partners are stepping up in this area as well.
Reasons for Choosing Accounting Seed
There was no CRM capability integrated with the Intuit platform and it was a step backward from QuickBooks Enterprise edition.Switched From
QuickBooks Online AdvancedReasons for Switching to Accounting Seed
The power of the Salesforce platform and the ability of Accounting Seed to leverage it- Industry: Wholesale
- Company size: 2-10 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Great Support
Reviewed on 25/7/2019
We've had issues on and off using the program since going live in January 2019, however, AccountingS...
We've had issues on and off using the program since going live in January 2019, however, AccountingSeed Customer Support has helped us through all of those issues. They've even done some customization for us as a courtesy. I've been working on a custom template (with Conga) for months now and the fields I need on the form were not available to us. CSR with AccountingSeed helped me today with these custom fields; he added them as a courtesy and also sent me a video on how he did this. VERY helpful to have in the future.
Pros
My favorite feature is being able to Clone repeat transactions; vendor invoices and journal entries. The Bank Reconciliation is a breeze. Submitting a Ticket for assistance is very convenient. I get an email within a few hours with a solution.
Cons
My least favorite features are the Financial Reports and AccountingSeed-created Forms. The reports we run are very different than what AccountingSeed offers. We've found a way to make it work by exporting to Excel, updating fields, adding/deleting, etc. Another feature is the various forms that AccountingSeed created for us; Purchase Order, Packing List and Billing. When we first started using AccountingSeed we found out they didn't have Sales Orders (order confirmations). We had to purchase another App (Conga) who created the Sales Order form for us. I'm currently working on a new Purchase Order template with Conga. The issue I have with the Billing form is that is says Billing. A lot of our customers comment, asking for the Invoice number. It's just a terminology issue; billing vs invoice. We will be creating our own Invoice template with Conga as well.
Alternatives Considered
Quickbooks OnlineReasons for Choosing Accounting Seed
We've used SalesForce since 2009. We were duplicating information about orders in SalesForce, and then creating the order in our separate accounting system. Now we use AccountingSeed with SalesForce and it deletes a lot of the duplication we were doing before. All the information is in one place; SalesForce, and AccountingSeed pulls from those records.Reasons for Switching to Accounting Seed
We chose AccountingSeed because it works well/integrates well with SalesForce.- Industry: Nonprofit Organisation Management
- Company size: 11-50 Employees
- Used Daily for 6-12 months
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 6.0 /10
Accounting Seed for Legal Services Nonprofit Org
Reviewed on 7/6/2022
Pros
I like that it's cloud based and can be accessed from anywhere.
Cons
The reporting features could be better, having the ability to customize reports with ease, not as "intuitive" as I had hoped, but gets the job done.
Alternatives Considered
Intact iQReasons for Choosing Accounting Seed
Our old system did not provide a good tracking and reporting functionality for our organization. Having the ability to use variables in AS helps us do that now, which we like.Reasons for Switching to Accounting Seed
From the demo the customization seemed very good (although once we started using the product we found limitations that we had to work around) and the pricing was very competitive at the time of purchase (although that has since gone up) compared to Intact.- Industry: Insurance
- Company size: 2-10 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Serious software for any business that needs and wants a comprehensive accounting system
Reviewed on 13/1/2022
Very pleased with working with team at AS. I marvel at how they cross from one industry to another...
Very pleased with working with team at AS. I marvel at how they cross from one industry to another with skill. Insurance accounting is very different from traditional accounting systems and i am impressed with how well AS has handled learning and growing in our vertical.
Pros
One we figure out the workflows and nuances with Accountingseed (AS), it is a pleasure to work with. The speed of the software is fast and AS is on top of regular updates to add important and necessary features. We have been a user of AS now for 3 years
Cons
Updates are not always pretty and could be better tested however AS is not deaf to any problems that result from updates or patches
Accounting Seed FAQs
Below are some frequently asked questions for Accounting Seed.Q. What type of pricing plans does Accounting Seed offer?
Accounting Seed offers the following pricing plans:
- Pricing model: Subscription
- Free Trial: Not Available
Please contact us at www.accountingseed.com for more information. Our solution includes: Includes: General Ledger Financial Reporting Billing & Cash Receipts Accounts Payable & Cash Disbursements Project Accounting Time Cards & Expense Reports Sales Order Management Inventory Control Purchase Order Management Work Order Management Lite Manufacturing
Q. Who are the typical users of Accounting Seed?
Accounting Seed has the following typical customers:
2-10, 11-50, 51-200, 201-500, 501-1,000, 1,001-5,000
Q. What languages does Accounting Seed support?
Accounting Seed supports the following languages:
English
Q. Does Accounting Seed support mobile devices?
Accounting Seed supports the following devices:
Q. What other apps does Accounting Seed integrate with?
Accounting Seed integrates with the following applications:
Avalara, Salesforce B2B Commerce, Salesforce CPQ & Billing, Salesforce Field Service, Salesforce Sales Cloud, Salesforce.org Nonprofit Cloud
Q. What level of support does Accounting Seed offer?
Accounting Seed offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support
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