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

  • 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, Mexico, United Kingdom 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

    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: 89

    • "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
    • Core Accounting
    • 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
    • Mobile App
    • 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
    • Tax Management
    • Transaction Management
    • Vendor Management
    • Volunteer Management

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    Reviews

    Overall rating

    4.3 /5
    (105)
    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 105
    Rickey
    Overall rating
    • Industry: Nonprofit Organization Management
    • 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

    Accounting Software built into SalesForce

    Reviewed on 12/08/2021

    We needed a system that integrated with our contacts and programs. We wanted to be able to see...

    We needed a system that integrated with our contacts and programs. We wanted to be able to see what programs a donor had given to along with financial data for those programs. With Accounting Seed working inside SalesForce, all our data, across all departments, is in one place can easily be linked, integrated, displayed, and reported. This allows us to better serve our constituents with accurate data immediately at our fingers via desktop or mobile apps with access anywhere in the world.

    Pros

    Accounting Seed works splendidly inside SalesForce. You get all the advantages of a product that integrates with all your SalesForce data. No need for imports or exports. Everything is in one place. Employees learn one system and they can work all across the organization. The availability of multi-levels of security allows you to tailor applications to the appropriate person, department, or team. Internal control features and audit trails are securely automated. Backing up your data is simple with just a few clicks. Project managment allow each project to act almost like its own company and integrates well with any other Salesforce data.

    Cons

    I would like to see more preformatted reports. There are a few in the system but I suspect there could be more that could print directly from the system in a more presentable format. All reports can be exported to Excel. This allows those that know Excel to manipulate the data as only Excel can do. That is nice but requires extra effort to format the data.

    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 23/02/2022

    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
    Brian
    Overall rating
    • Industry: Transportation/Trucking/Railroad
    • Company size: 201–500 Employees
    • Used Daily for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Likelihood to recommend 5.0 /10

    Good value, doesn't scale well

    Reviewed on 26/01/2021

    Pros

    The integration with SF and our TMS is great, its fantastic to have all order information linked to the accounting objects. Reporting is great as well, that is mostly a SF feature.

    Cons

    The inability to send ACH payments out of the box was a huge piece for us. I was referred to Check21 which was ridiculously expensive. Also cash application takes too long if you have a customer that has x number of invoices. Some of our larger accounts have more than 2000 invoices open at a given time. Paging through screens takes a very long time. Seems like we have outgrown AS's sweet spot of transactions.

    In addition daily billing/payable posting takes a long time, (exceeding lines). Bank rec gets split into multiple recs due to 4k item limit.

    Rusty
    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 8.0 /10

    Great Customer Service

    Reviewed on 10/01/2023

    Pros

    Salesforce automation is great and they respond quickly to any issues.

    Cons

    As anything in the Salesforce universe, it feels like we are not taking advantage of all the capabilities of the software.

    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 13/01/2022

    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 105 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:

    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

    Related categories

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