Best Accounting Basic 4.00 is a cash management tool. Based on Best Cash Book, it provides customers with all financial statements. It also provides reports on sale, inventory, purchase, supplier, customer and VAT. You can integrate up to 20 accounts for reporting.
Pros: Best Accounting Basic 4.00 blends together all the business statements, invoices and VAT types. Now users can easily manage different business reports. You can automatically prepare cash flow statements. The new version of Best Accounting has upgraded its internal capacity. So it can now accept mid-size businesses as well. It keeps a record of your cash incomings and outgoings. Best Accounting has a general journal that treats all cash and non-cash transactions. Cash, deposits, credit cards and all other cash elements are treated together in the cashbook. Users can enter in a book through simple data-input and enter-key, watching how it reflects the entries. With its easy journalizing features, you can popup an accounts list whenever needed. The journal contains cashbook, general journal and pur-sale books. Best Accounting always allows users to revise current and previous amounts. All financial statements and invoices can be shaped for any country or language. These statements can be printed as well. So you can get general voucher, invoice, receipt or estimate in printed copies. Users can also avail income statements by month or by goods. Best Accounting can give you statements for fixed assets as well as depreciation. You can get the reports daily through Daily InOut Report option.
Cons: As with many such applications to be effective a lot of data needs to be entered and unless done regularly, it can become a problem.
Overall: Best Accounting Basic 4.00 is an easy application for all users. You can easily enter, journalize, revise and auto-close the entries processed for financial statements. Best Accounting Basic 4.00 is a powerful tool to treat returns, discounts and transfer on products. The tool is rated 4 stars.