Comprehensive, Fully GAAP-Compliant Accounting Software for Distributors
Powerful Accounting Software Online to Manage Your Business
Accolent ERP offers robust accounting software online delivered as part of a cloud-based accounting ERP solution designed specifically for distributors. Built to run entirely in the AWS public cloud, this solution gives you secure, real-time access to your financial data from anywhere, on any device.
With full GAAP compliance and tightly integrated financial tools, Accolent ERP helps you manage accounting operations with accuracy, visibility, and efficiency—all within a single cloud-based accounting ERP solution.
Key Features of Accolent ERP Accounting Software Online
Accolent ERP delivers extremely powerful accounting software online as part of a cloud-based accounting ERP solution to manage your business and financial needs, including:
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Fully Integrated General Ledger
Gain complete control over your financial structure with a flexible and powerful General Ledger:
- Multi-segment Chart of Accounts with customizable numbering
- User-defined default GL accounts and allocation rules
- Real-time posting of transactions through accounting journals
- Flexible financial reporting by warehouse, department, or business unit
- Drill-down capabilities from financial statements to transaction-level detail
- Budgeting tools by GL account, department, and warehouse
- Support for multiple bank accounts with reconciliation tools
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Multi-Currency Accounting Capabilities
Manage global transactions with ease using built-in multi-currency support:
- Process purchases and sales in foreign currencies
- Automatic or manual exchange rate updates
- Track realized and unrealized currency gains and losses
- Correctly account for exchange rate variances
- Maintain accurate reporting in your base currency
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Sales Tax Tracking and Compliance
Stay compliant with complex tax regulations using advanced sales tax tools:
- Define tax nexus by jurisdiction
- Configure tax rules by product, customer, and location
- Support origin-based and destination-based taxation
- Override tax settings at the transaction level when needed
- Generate detailed tax reports by jurisdiction
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Real-Time Reporting and Financial Insights
Make better decisions with powerful reporting tools:
- Generate financial reports in detail or summary formats
- Export reports to Excel, PDF, Word, and more
- Track performance across departments and warehouses
- Access real-time financial data anytime
- Cloud-based accounting ERP gives anytime, anywhere any device access
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Accounts Receivable Management
Streamline collections and improve cash flow with comprehensive Accounts Receivable tools:
- Full visibility into open and paid invoices with aging reports (30/60/90/120)
- Customer statements generation and automated email delivery
- Flexible payment application, deposits, and transaction tracking
- Payment reporting by type (cash, check, credit card)
- Support for discounts, interest charges, and write-offs
- Detailed customer payment and sales history
- Give customer asscess to a payment portal to see their AR and payments
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Credit Management and Controls
Cloud-based accounting ERP reduces risk and manages customer credit effectively:
- Automatic credit holds based on limits or overdue invoices
- Custom credit status rules for order processing
- Centralized management of overdue accounts
- Seasonal credit limit adjustments
- Real-time alerts during order entry
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Accept Payments Securely Online
Accolent ERP supports secure and flexible payment processing:
- Accept credit cards, ACH, and e-check payments
- Integrated with leading processors like Fiserv
- Optimized interchange rates for cost savings
- PCI-compliant with encryption and tokenization
- Compatible with desktops, mobile devices, and POS terminals
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Accounts Payable Automation
Simplify vendor management and payment processing:
- Full vendor ledger with drill-down capabilities
- Invoice matching with purchase orders and receipts
- Cash requirements forecasting
- Flexible payment prioritization and check processing
- AP aging reports by vendor, due date, or priority
- 1099 processing and compliance
Industries
Optimized for wholesale distribution across a number of vertical industries: auto parts, building materials, chemicals, fasteners, food & beverage, industrial, jan/san, restaurant supply and more
Accolent ERP Technology
There are good reasons that cloud-based ERP software is rapidly replacing on-premise business software. Learn why experts predict that 5 years from now on premise systems will be obsolete.
Implementation and Training
Let us show you how our comprehensive implementation and training programs will manage your transition and get you up and running on Accolent ERP quickly and painlessly.
Benefits of a Cloud-based Distribution and Accounting Solution
Modern businesses require flexibility, real-time insights, and seamless integration. Online accounting software offers:
- Anytime, anywhere access via web browser
- Reduced IT infrastructure costs
- Real-time financial visibility
- Automatic updates and enhanced security
- Automatic scaling of the infrastructure to meet your needs
Accolent ERP combines these benefits with deep functionality tailored to distribution businesses.
The Advantage of Accounting Software Online
By choosing Accolent ERP’s accounting software online, distributors gain:
- A single, integrated system for accounting and operations
- Improved accuracy and reduced manual errors
- Faster financial close cycles
- Better compliance and audit readiness
- Scalability supports your business growth
Get Started Today to Demo Accolent ERP Accounting Software Online
Take control of your finances with modern, cloud-based accounting ERP.
Schedule a demo today to see how Accolent ERP can transform your business with powerful accounting software online.
Schedule a Demo
Frequently Asked Question (FAQs)
What is accounting software online?
Accounting software online is cloud-based financial software that allows businesses to manage accounting processes such as general ledger, accounts receivable, accounts payable, and reporting through a web browser.
What are the benefits of using online accounting software?
Online accounting software provides real-time access, lower IT costs, automatic updates, improved security, and the ability to manage finances from any location or device.
Is online accounting software secure?
Yes, most online accounting software solutions use advanced encryption, secure data centers, and compliance standards such as PCI and SOC to protect financial data.
Can accounting software online handle multi-currency transactions?
Yes, many solutions support multi-currency transactions, including automatic exchange rate updates and tracking of gains and losses.
How does online accounting software help with tax compliance?
It allows businesses to configure tax rules, track tax liabilities by jurisdiction, and generate detailed reports to support compliance and filing.
Does accounting software online include accounts receivable and payable?
Yes, it typically includes full AR and AP functionality, including invoicing, payment processing, aging reports, and vendor management.
Who should use accounting software online?
Distributors, wholesalers, manufacturers, and service-based businesses can benefit from online accounting software to streamline financial operations and improve visibility.