Best Accounting Software in Egypt 2024 – Comparison and User Reviews: Swiftbooks
Swiftbooks
Swiftbooks is one of the best accounting software in Egypt, distinguished by being a one-time purchase without the need for monthly or annual subscriptions, saving long-term costs. A trial version can be requested before purchase to test the software and ensure it meets the company’s needs. Although it is a desktop software, it can be linked with more than one branch via the internet, making it a flexible option for companies requiring multi-branch management.
Features of Swiftbooks Accounting Software
- Expense and Revenue Accounts: Through payment and receipt vouchers, you can record and monitor expenses and revenues via detailed reports. You can include related documents and vouchers upon request, facilitating the auditing process.
- Daily Entries: Every transaction executed on your account is automatically recorded by the system. Daily entries are saved in the form of expenses and revenues, making it easy to direct accounts and identify cost centers where the company spends and generates part of its revenues according to business needs.
- Professional Account Guide: A simplified tree design helps you track financial transactions coming in and out of your company, achieving greater speed and flexibility in monitoring and preparing the accounting work cycle.
- Accounting Cycles: The accounting work cycle can be customized according to business needs. You can define financial periods and closure periods regardless of the duration, whether monthly, quarterly, or annually, facilitating periodic reviews and audits.
Advantages of Swiftbooks Accounting Software
- Customization: During our use of Swiftbooks, we noticed an unlimited number of customization options. Every business field has its specific tools to help achieve its goals. From titles that change according to the type of work to applications and functions. The software also considers the tax system followed in the country, making it suitable for Egyptian companies.
- Interdepartmental Collaboration: Swiftbooks accounting software facilitates effective collaboration between different departments. Each department can record its financials within the system to fall under the company’s accounts. The software records any supplies, whether fully or partially paid, and in the case of sales, the system records revenues according to the issued invoices.
- Free Technical Support: Compared to other software, we found the Swiftbooks support team to be the most responsive to customers. It provides free technical support around the clock with speed and efficiency, ensuring the system works efficiently at all times without obstacles.
- Cost vs. Value: Swiftbooks is a suitable option for small and medium-sized companies due to its low cost compared to the features it offers. This advantage is supported by many users who see the system as offering excellent value for the price.
- Work Flexibility with Branch Linking: There’s no need to worry when the connection is weak or disconnected between branches, as Swiftbooks works on the principle of synchronizing all movements made when the connection is restored.
- Languages: The software supports only Arabic and English, which may be a barrier for some companies dealing in other languages. Although the availability of English is a new update, multi-language support would be an important additional feature.
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Swiftbooks Plans and Pricing
- One-Time Purchase: The software is purchased once without the need to pay monthly or annual subscriptions, saving long-term costs.
- Trial Version: A trial version can be requested before purchase to test the software and ensure it meets the company’s needs.
How to Choose Accounting Software for Your Company?
After reviewing Swiftbooks, you can choose the right software for your company based on the following tips:
- Choose Software that Fits Your Skills and Needs: Ensure that the software aligns with your field of work, role in the system, and the skills you need to apply. Are you looking for a system that interacts specifically with your field of work or a general system that can be applied to any business?
- Set the Available Budget: Remember that Swiftbooks is a one-time purchase, saving subscription costs in the long run. Setting the available monthly or annual budget is a fundamental step in the selection process.
- Share Your Ideas with a Specialist in Your Company: Consult an accountant or financial analyst to determine if the software fully meets your company’s needs. If you lack an accounting background as a business owner, you can seek a specialist’s help to choose the best system for your business.
Conclusion
Accounting software has proven its effectiveness for companies over the past decade, with a recent study indicating that 90% of accountants have seen an increase in productivity after using these programs.
Swiftbooks is an ideal solution for small and medium-sized companies in Egypt, thanks to its diverse features and affordable cost.
Choosing the right accounting software is a crucial step towards growth and development in any company. We hope to have helped you learn more about Swiftbooks, enabling you to make an informed decision about choosing the most suitable accounting software for your company’s needs.
s needs.
Read also: About the electronic invoice program to link your accounting invoices from the Swiftbooks program to the Egyptian Tax Authority automatically by Clicking Here