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

Key benefits of Accounting Seed

  • Saleforce Native: Accounting Seed is built on the Force.com platform and integrates with Salesforce CRM. The ERP tools allow you to use the Salesforce Product Object. However, Accounting Seed also functions as a stand alone product for those NOT on the Salesforce Platform.

  • Billing & Invoicing: Set up recurring billing using Accounting Seed and utilize multiple PDF invoice formats, all with built-in approvals.

  • Payments: Print checks directly from your web browser. You can manage accounts payable and cash disbursements. The app also supports paper or electronic cash disbursements.

  • Financial Reporting: Use Accounting Seed to create core financial reports within Salesforce. You can choose between creating user-defined or fully-formatted financial statements.

  • Time Tracking & Expenses: You can use the app to track and report on expenses, as well as manage time accounting with built-in time cards.

  • Inventory Management: Reserve inventory at order entry, and manage multiple warehouses and locations with serialized inventory lists.

  • Sales Orders: Covert opportunities into sales orders and send shipments directly to job sites. Kit Salesforce products together for orders. Create custom manufacturing or construction orders, as well as lite Manufacturing Orders.
  • 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

    Supported Languages

    English

    Pricing starting from:

    Not provided by vendor

    • Free Version
    • Free Trial
    • Subscription

    Images

    Accounting Seed Software - Accounting Seed Features
    Accounting Seed Software - Built on Salesforce for easy navigation.
    Accounting Seed Software - Connect to banks and many applications seamlessly.
    Accounting Seed Software - Our application is flexible and built custom for your business.
    Accounting Seed Software - Project Accounting
    Accounting Seed Software - Multi-Currency Functionality
    Accounting Seed Software - Billing Customers Dashboards
    Accounting Seed Software - Paying Vendors
    Accounting Seed Software - Connect to over 14k banks
    Accounting Seed Software - Dashboards and Reports
    View 14 more
    Accounting Seed video
    Accounting Seed video
    Accounting Seed video
    Accounting Seed video
    Accounting Seed Software - Accounting Seed Features
    Accounting Seed Software - Built on Salesforce for easy navigation.
    Accounting Seed Software - Connect to banks and many applications seamlessly.
    Accounting Seed Software - Our application is flexible and built custom for your business.
    Accounting Seed Software - Project Accounting
    Accounting Seed Software - Multi-Currency Functionality
    Accounting Seed Software - Billing Customers Dashboards
    Accounting Seed Software - Paying Vendors
    Accounting Seed Software - Connect to over 14k banks
    Accounting Seed Software - Dashboards and Reports

    Features

    Total features of Accounting Seed: 87

    • "What If" Scenarios
    • 1099 Preparation
    • ACH Payment Processing
    • API
    • Access Controls/Permissions
    • Account Reconciliation
    • Accounting
    • Accounts Payable
    • Accounts Receivable
    • Activity Tracking
    • Aging Tracking
    • Approval Process Control
    • Audit Trail
    • Automatic Billing
    • Bank Reconciliation
    • Billing & Invoicing
    • Budgeting/Forecasting
    • CPA Firms
    • Cash Management
    • Check Processing
    • Check Writing
    • Commission Management
    • Committee Management
    • Compliance Management
    • Consolidation/Roll-Up
    • Contract/License Management
    • Customer Database
    • Customer Statements
    • Customizable Rules
    • Data Extraction
    • Data Import/Export
    • Donation Tracking
    • Donor Management
    • Dues Management
    • Duplicate Payment Alert
    • ERP
    • Electronic Funds Transfer
    • Expense Claims
    • Expense Tracking
    • Financial Management
    • Financial Reporting
    • Fixed Asset Management
    • For Government
    • For Nonprofits
    • For Real Estate
    • For Small Businesses
    • Fraud Detection
    • Fund Accounting
    • Fund Management
    • Fundraising Management
    • General Ledger
    • Grant Management
    • Income & Balance Sheet
    • Inventory Management
    • Inventory Tracking
    • Invoice Creation
    • Invoice Processing
    • Member Database
    • Membership Management
    • Multi-Company
    • Multi-Currency
    • Nonprofits
    • Online Payments
    • Opportunity Management
    • Overpayment Processing
    • PO Reconciliation
    • Partial Payments
    • Partnership Accounting
    • Payment Collection
    • Payroll Management
    • Profit/Loss Statement
    • Project Accounting
    • Purchase Order Management
    • Purchasing & Receiving
    • Quotes/Estimates
    • Receivables Ledger
    • Recurring Payments
    • Recurring/Subscription Billing
    • Remote Access/Control
    • Reporting & Statistics
    • Reporting/Analytics
    • Revenue Management
    • Sales Forecasting
    • Sales Orders
    • Tax Management
    • Vendor Management
    • Volunteer Management

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    Reviews

    Overall rating

    4.3 /5
    (82)
    Value for Money
    4.1/5
    Features
    4.1/5
    Ease of Use
    4.0/5
    Customer Support
    4.2/5

    Already have Accounting Seed?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Showing 5 reviews of 82
    Collin
    Overall rating
    • Industry: Telecommunications
    • Company size: 11-50 Employees
    • Used Daily for 1+ year
    • 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

    Andersen
    Overall rating
    • Industry: Computer Software
    • Company size: 11-50 Employees
    • Used Daily for 2+ years
    • 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.

    Alternatives Considered

    NetSuite and Xero

    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.

    Reasons for Switching to Accounting Seed

    The power of the Salesforce platform and the ability of Accounting Seed to leverage it
    Lori
    Overall rating
    • Industry: Wholesale
    • Company size: 2-10 Employees
    • Used Daily for 6-12 months
    • 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 Online

    Reasons 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.
    Galina
    Overall rating
    • Industry: Nonprofit Organisation Management
    • Company size: 11-50 Employees
    • Used Daily for 6-12 months
    • 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 iQ

    Reasons 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.
    Peter
    Overall rating
    • Industry: Insurance
    • Company size: 2-10 Employees
    • Used Daily for 2+ years
    • 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

    Showing 5 reviews of 82 Read all reviews

    Accounting Seed FAQs

    Below are some frequently asked questions for Accounting Seed.

    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

    Accounting Seed has the following typical customers:

    2-10, 11-50, 51-200, 201-500, 501-1,000, 1,001-5,000

    Accounting Seed supports the following languages:

    English

    Accounting Seed supports the following devices:

    Accounting Seed integrates with the following applications:

    Avalara, Salesforce B2B Commerce, Salesforce CPQ & Billing, Salesforce Field Service, Salesforce Sales Cloud, Salesforce.org Nonprofit Cloud

    Accounting Seed offers the following support options:

    Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support

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