Patriot

Patriot Accounting is an online accounting software designed for small businesses and their accountants. It offers a wide range of features to help users manage their financial transactions and stay on top of their finances.

One of the key features of Patriot Accounting is its ability to track money transactions and pay bills. Users can set up multiple accounts, including expense accounts and income accounts, to handle different types of transactions such as money deposited or withdrawn, outgoing money, activities for payroll, incoming money from product sales, and more. The software also allows users to easily import transactions, or upload a file from their bank, and reconcile their accounts. Additionally, Patriot Accounting uses cutting edge machine learning to suggest accounts for transactions, making the process of categorizing transactions more efficient.

In addition to tracking transactions, Patriot Accounting also helps users manage their invoicing and vendor payments. Users can easily add, delete, or edit information related to their customers and vendors, and customize sales tax rates as per the laws applicable in their state for easy tax calculation whenever an invoice is raised. The software also allows users to print vendor payment checks, and generate payment reports for multiple vendors for a specified date range.

Patriot Accounting also offers a wide range of reports to help users stay on top of their finances. These include vendor or customer payment histories, accounts payable aging, accounts receivable aging, check register report, balance sheet, profit and loss statements, and form 1099/1096 summaries. Users can also opt to e-file their 1099’s to the IRS, making the process of filing taxes more convenient and efficient.

Overall, Patriot Accounting is a comprehensive and user-friendly solution that offers small businesses and their accountants the tools they need to manage their finances effectively. Whether you need to track transactions, manage invoicing and vendor payments, or generate financial reports, Patriot Accounting has you covered.