Since MultiLedger can be used by up to 10 concurrent users with no additional cost, the system may be able to support a company for a longer period of time and through more growth and maturation than products with lesser support for concurrent users. However, because the system can be used with Macs or PCs, including cross-platform offices, it may garner the support of those industries that still have a heavy Mac presence, such as graphic artists and publishing companies. The system does not really allow customization for specific industries, although three template charts of accounts, as mentioned earlier, provide sample account structures for retail, service and construction firms. MultiLedger includes GL, AP, AR and inventory functions that are integrated into the system, as well as an optional payroll module that includes good support for state and federal tax rate updates. This enables the user to view multiple transactions, compare reports, or look at inventory and purchases on the same screen.Īvailable Modules/Customization for Vertical Industries – 4 Stars On a more positive note, however, users can have multiple windows open at the same time. Non-accounting users would greatly benefit from a setup wizard to assist with this process.ĭata-entry screens are consistent throughout the system, aiding in learning navigation, but the data-entry windows don’t have a “save” or “OK” button instead, users must close the data-entry window by using the X in the top right corner. You can select a provided COA or search for one you’ve previously created. Clicking New Company opens a window to name the data files for the new company, followed by a pop-up window that offers, “Would you like to copy an existing Chart of Accounts?” Clicking YES opens the folder “Program Files/MLedger,” as well as a list of sub-folders including COAs. MultiLedger includes sample charts of accounts (COA) for construction, retail and service businesses that can be copied or modified as needed, or users can create accounts as needed by their business. Although I wouldn’t call it pretty, this unique navigation console provides an easy-to-understand starting point for accessing the program’s functions, whether entering transactions, managing payments, keeping an eye on inventory, performing bank reconciliations or accessing reports. Each category then has 12 feature buttons. These features are divided into three main categories: Set Up, Transactions and Reports. MultiLedger opens to the Command Center, which provides a grid of buttons for access to pretty much all of the program’s features. The core MultiLedger System costs $399 for up to 10 concurrent users the Payroll module costs an additional $249Įase of Use/Basic Functionality – 3.5 Stars The system comes with integrated modules for GL, AP, AR and Inventory, as well as an optional Payroll module. CheckMark Software’s MultiLedger is a small business accounting system that supports PC and Mac systems, including cross-platform networked environments.
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