Busy Accounting Software Features
What are the features of Busy Accounting Software?
General Ledger
- Journal Entries
- Audit Trail
Accounts Receivable
- Invoice Customization
Other Functionality
- Inventory Tracking / Ordering
- Inventory Pricing and Costing
- Inventory Reporting
- Multi-Entity / Consolidation
- Reconciliations
- Payroll
Reporting & Analytics
- Financial Statements
- Custom Reporting
- Dashboards
Platform
- Customization
- Workflow Capability
- User, Role, and Access Management
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General Ledger
Journal Entries | Based on 15 Busy Accounting Software reviews. Increases user efficiency by auto-populating based on previously entered information. Schedules future entries. Allows Journal Entries to be uploaded from an external source. | 86% (Based on 15 reviews) | |
Tags / Dimensions | Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc. These dimensions should be available on any transaction in any module in the system and available to be reported upon. This feature was mentioned in 14 Busy Accounting Software reviews. | 87% (Based on 14 reviews) | |
Audit Trail | As reported in 16 Busy Accounting Software reviews. Automates chronological tracking of transactions that have affected a specific operation, procedure, event or record | 88% (Based on 16 reviews) |
Accounts Receivable
Invoice Customization | As reported in 15 Busy Accounting Software reviews. The layout of the invoice template is fully customizable and you can add or remove fields. | 86% (Based on 15 reviews) | |
AR Automation | Based on 12 Busy Accounting Software reviews. Automation helps the user be more efficient by populating default customer data, setting up systematic payments from clients and automatically matching customer receipts to outstanding transactions. | 75% (Based on 12 reviews) | |
Collections Automation | Based on 12 Busy Accounting Software reviews. The system automates the dunning process to help drive collections | 83% (Based on 12 reviews) |
Accounts Payable
AP Automation | Steamlines data entry by auto populating recurring or predefined vendor values This feature was mentioned in 12 Busy Accounting Software reviews. | 86% (Based on 12 reviews) | |
Payment Processing | Ability to manage, track and report on numerous payment types. Customize and automate complex purchase to pay work flow. 13 reviewers of Busy Accounting Software have provided feedback on this feature. | 85% (Based on 13 reviews) | |
Purchase Orders | As reported in 14 Busy Accounting Software reviews. Software supports purchase orders and provides purchasing personnel, management and accounts payable with visibility needed to streamline the procure to pay process | 88% (Based on 14 reviews) |
Other Functionality
Inventory Tracking / Ordering | As reported in 15 Busy Accounting Software reviews. Real time inventory tracking. Maintains accurate "On Hand" infomation by matching reserved inventory requested on purchase and sales orders. | 88% (Based on 15 reviews) | |
Inventory Pricing and Costing | Based on 15 Busy Accounting Software reviews. Ability to establish multiple price levels. Update pricing on a per item or global inventory basis. Choice between multiple costing methods such as Average, LIFO, FIFO and Specific Unit. | 89% (Based on 15 reviews) | |
Inventory Reporting | See feature definition | Customizable reporting allows insight into usage of inventory and services. 15 reviewers of Busy Accounting Software have provided feedback on this feature. | 84% (Based on 15 reviews) |
Multi-Entity / Consolidation | Multi-ledger and multi-tenant architecture. Automated consolidations, inter-entity transactions and eliminations 15 reviewers of Busy Accounting Software have provided feedback on this feature. | 87% (Based on 15 reviews) | |
Recognition Rules | Automates recognition of revenue and expenses by defining recognition rules. This feature was mentioned in 13 Busy Accounting Software reviews. | 81% (Based on 13 reviews) | |
Reconciliations | Based on 16 Busy Accounting Software reviews. Transactions are imported from source systems and automated matching reconciles majority of transactions. Includes user flexible, user defined matching and grouping rules to help reduce the time needed to produce accurate reconciliations. | 86% (Based on 16 reviews) | |
Payroll | Payroll module or integration to an external payroll provider which automates the recording of payroll This feature was mentioned in 15 Busy Accounting Software reviews. | 90% (Based on 15 reviews) | |
Time and Expense | Automated time and expense capture, tracking, approval, reimbursement and reporting This feature was mentioned in 13 Busy Accounting Software reviews. | 82% (Based on 13 reviews) |
Reporting & Analytics
Financial Statements | As reported in 16 Busy Accounting Software reviews. General reporting offered covers all of the standard financial statements and meets the basic needs of the business | 91% (Based on 16 reviews) | |
Custom Reporting | Based on 15 Busy Accounting Software reviews. Reports created by the user to cater to specific requirements. If you can build it in Excel, you can build it in the custom report writer | 81% (Based on 15 reviews) | |
Budgeting / Forecasting | Create and revise an unlimited number of budget, plan and forecast scenarios. This feature was mentioned in 14 Busy Accounting Software reviews. | 85% (Based on 14 reviews) | |
Dashboards | An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of an organization's Key Performance Indicators (KPIs) to enable instantaneous and informed decisions to be made at a glance 16 reviewers of Busy Accounting Software have provided feedback on this feature. | 76% (Based on 16 reviews) |
Platform
Customization | Allows administrators to customize to accommodate their unique process. Includes ability to create custom objects, fields, rules, calculations, and views. 15 reviewers of Busy Accounting Software have provided feedback on this feature. | 82% (Based on 15 reviews) | |
Workflow Capability | Based on 14 Busy Accounting Software reviews. Automates a process that requires a series of steps that typically require intervention by several different users. Administrators can write rules to determine who and when a user needs to complete a step. Also includes notification of users when they need to take action. | 85% (Based on 14 reviews) | |
User, Role, and Access Management | Grants access to select data, features, objects, etc. based on the users, user role, groups, etc. 16 reviewers of Busy Accounting Software have provided feedback on this feature. | 79% (Based on 16 reviews) | |
Internationalization | Enables users to view and transact business with the same content in multiple languages and currencies. This feature was mentioned in 11 Busy Accounting Software reviews. | 73% (Based on 11 reviews) | |
Performance and Reliability | Based on 14 Busy Accounting Software reviews. Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took. | 89% (Based on 14 reviews) | |
Output Document Generation | Allows administrators to create templates that enable users to quickly generate dynamic documents in various formats based on the data stored in the application.
14 reviewers of Busy Accounting Software have provided feedback on this feature. | 86% (Based on 14 reviews) |
Integration
Data Import and Export Tools | Ability to input, modify and extract data from the application in bulk through a structured file. 13 reviewers of Busy Accounting Software have provided feedback on this feature. | 86% (Based on 13 reviews) | |
Integration APIs | Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications. This feature was mentioned in 12 Busy Accounting Software reviews. | 75% (Based on 12 reviews) | |
Breadth of Partner Applications | As reported in 12 Busy Accounting Software reviews. To what extent are there partner applications readily available for integrating into this product? Partner applications typically provide complementary, best of breed functionality not offered natively in this product. | 85% (Based on 12 reviews) |
Cash Flow
Track Cash Flow | Check cash on hand at the beginning of each month and view each day’s incoming and outgoing funds. 13 reviewers of Busy Accounting Software have provided feedback on this feature. | 87% (Based on 13 reviews) | |
Income and Expenses | Add one-time or recurring cash flow items and add line items for each payment or deposit. This feature was mentioned in 14 Busy Accounting Software reviews. | 88% (Based on 14 reviews) | |
File Exports | Timesheets, projects, tasks, income or expenses can all easily be exported to pdf, xls or csv for simpel cash clow analysis. This feature was mentioned in 14 Busy Accounting Software reviews. | 87% (Based on 14 reviews) |
Budgeting & Forecasting
Budgeting / Forecasting | Based on 14 Busy Accounting Software reviews. Create and revise an unlimited number of budget, plan and forecast scenarios. | 85% (Based on 14 reviews) | |
Data Import | Import trial balance, monthly P&L, balance sheets, and other types of financial data 14 reviewers of Busy Accounting Software have provided feedback on this feature. | 89% (Based on 14 reviews) | |
Versioning | Keeps track of all versions of a budget and allows users to compare versions 12 reviewers of Busy Accounting Software have provided feedback on this feature. | 85% (Based on 12 reviews) | |
Historical Data | Forecasting is based on past transactions and historical financial or operational data 14 reviewers of Busy Accounting Software have provided feedback on this feature. | 90% (Based on 14 reviews) |
Revenue
Revenue Types | As reported in 14 Busy Accounting Software reviews. Supports multiple types of revenues, such as recurring and transaction based | 86% (Based on 14 reviews) | |
Revenue Allocation | Allows users to allocate revenues to various business entities or departments This feature was mentioned in 13 Busy Accounting Software reviews. | 85% (Based on 13 reviews) | |
Scheduling | As reported in 13 Busy Accounting Software reviews. Automatic scheduling to ensure that revenue is recognized at the proper time | 87% (Based on 13 reviews) |
Payroll
Direct Deposit | As reported in 11 Busy Accounting Software reviews. Automatically deposits paychecks into employees' bank accounts. | 85% (Based on 11 reviews) | |
Check/W-2 Printing | Allows administrators to print valid paychecks and W-2 forms. 11 reviewers of Busy Accounting Software have provided feedback on this feature. | 86% (Based on 11 reviews) | |
Tax Calculation | Calculates taxes due and may include resources or tools for federal and state tax compliance. This feature was mentioned in 13 Busy Accounting Software reviews. | 82% (Based on 13 reviews) | |
Reporting and Dashboards | Access pre-built and custom reports and dashboards to track payroll costs and for compliance purposes. This feature was mentioned in 14 Busy Accounting Software reviews. | 83% (Based on 14 reviews) |
AI
Data Extraction | Uses AI to automatically input data from receipts, invoices, and other documents | Not enough data | |
Invoice Processing | Uses AI to generates, send, and track invoices | Not enough data | |
Expense Management | Uses AI to categorize expenses, detect anomalies, and provide insights on spending patterns | Not enough data | |
Fraud Detection | Uses AI to detect unusual patterns and flag potential fraudulent activities in real-time | Not enough data | |
Tax Compliance | Uses AI to assist in calculating taxes, ensuring compliance with changing tax regulations, and automate the preparation of tax returns | Not enough data | |
Support Chatbots | Uses AI and NLP-powered chatbots to provide customer support and assist with queries regarding financial data and reports | Not enough data | |
Bank Reconciliations | Uses AI to match transactions recorded in the accounting system with those in bank statements | Not enough data | |
Report Generation | Uses AI to generate detailed financial reports, dashboards, and visualizations to provide insights into the financial health of the business | Not enough data | |
Customizable Alerts | Uses AI to set up alerts for various financial activities, such as payment due dates or low cash balances | Not enough data | |
Predictive Analytics | Uses AI to analyze data to identify trends and make predictions | Not enough data |
Mobile Applications - Accounting
Cloud Integration | Enables synchronization of accounting data across devices in real-time | Not enough data | |
Notifications | Send push notifications for important updates, such as due dates, invoice statuses, or tax deadlines | Not enough data | |
UI | Simplifies interfaces to be user-friendly and tailored for smaller screens, such as mobile phones and tables | Not enough data | |
Offline | Allows users to view and update certain data without an internet connection | Not enough data | |
Expense Tracking | Allows users to capture and upload expense receipts directly from mobile devices | Not enough data | |
Invoice Management | Enables creation, editing, and sending of invoices | Not enough data |
