Abacus Accounts 4.5/5

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Abacus Accounts

By Anthony Prince
Supported Devices : Mac OS

Release Notes

31/03/2017 | Version : 8.5 | Size : 2.2 MB
A couple of new options have been added to company settings.

05/01/2017 | Version : 8.3 | Size : 2.2 MB
Small improvements.

07/12/2016 | Version : 8.2 | Size : 2.2 MB
Minor changes, including report layout settings.


Abacus Accounts is a double-entry bookkeeping application, suitable for any business or company accounts. The latest version supports accounts for up to 10 separate businesses.
Various types of accounts can be set up, to suit your business. Selections are made using buttons or menu options, whilst transaction entries are made through popup panels. The program is flexible, with VAT/Tax rates being customisable. However, it has been designed to be quick and easy to use.

The essential bookkeeping requirements are covered, such as VAT/Tax (optional), tracking of customer/supplier balances and all the normal end of year reports. You are also able to create and print (or email) customised customer invoices.

A detailed description of how to use the package is included in the help pages.
Technical support is available by email, free of charge.

Please visit the website (www.abacusaccounts.net) for more information.

Some of the features:
* Easy to use double-entry accounting package.
* Supports Multiple Companies (up to 10).
* Chart of accounts defined by the user (including bank accounts, credit card accounts, asset, liability, equity, income and expense accounts).
* Track bank accounts, credit cards, income, expense, assets, depreciation, liabilities etc..
* Ability to delete (void) or edit transactions.
* Enter customer and supplier invoices/credit notes.
* Track customer and supplier payments/balances.
* Protect entries using a 'Closing date'.
* Reconcile bank accounts & credit card accounts.
* Recurring (monthly) transactions.
* Repeat (memorised) transactions.
* Journal entries.
* Attach an image or pdf file to a transaction.
* VAT/GST/Tax calculated automatically, based on rate defined.
* Supports VAT Flat Rate scheme.
* Comprehensive Reports (see below).
* Exporting of reports to CSV files.
* Print (or email) customer invoices/credit notes (using your own logo or headed paper).
* Backup and Restore function.
* Detailed Help pages (including video screencasts).
* Fast email support.

* Balance Sheet (2 alternative formats)
* Profit & Loss
* Trial Balance
* All/Selected Accounts
* Debtors/Creditors
* Customer/Supplier Report
* Customer Sales Summary Report
* VAT Report/VAT Detailed report (Accrual or Cash basis)
* Cash Flow Report
* Journals Report


Categories :
#6 : Top Grossing Mac Applications [Finance]
#7 : Top Paid Mac Applications [Finance]

Screenshots Mac OSX :

Screenshots Mac OSX Screenshots Mac OSX Screenshots Mac OSX Screenshots Mac OSX Screenshots Mac OSX


Business , Finance

Comments and Ratings for Abacus Accounts

Great app, outstanding support (8.3)
16/12/2016 09:13:00 5/5 By Flying Code Monkey
Simple to use, and some good tutorials to go alongside it. As a first time business owner, this is the only accounting application that I could make sense of. As a bonus, it's considerably cheaper than others and doesn't have a subscription model! I've twice had reason to be in touch with the developer, and both times he responded within a day or two - the first time he gently pointed out my error, and the second time he actually added a new feature to the app! I would recommend this accounts management app to anyone.

Very Good App! (8.2)
01/12/2016 19:22:00 5/5 By apoyo007
This is the best and most straight forward accounts program I have ever used ! Will recommend Abacus to all my small business friends.

Fantastic App (8.0)
31/08/2016 11:00:00 5/5 By OldPostie
This is a really good Accunting Appp for a small Business/B&B or Holiday let type use. Like all Accts packages one needs to explore the features and get used to it, but I have just submiited my Accounts for a Holiday Let to HMRC using the reports from this App. Very happy with it.

Fantastic App for my Accounts (8.0)
04/06/2016 12:08:00 5/5 By suzyandsasha
Great little App, as the treasurer for a charity I need to produce straighforward accounts. This is the best App for this that I have found, and not too expensive. Support from Anthony Prince has been fantastic and almost by return of email. I just wish I could use it on my Ipad.

Does everything my small business needs (0)
17/11/2015 18:43:00 5/5 By Poromies
I can’t add much to what previous reviewers have written. This is a simple yet powerful accounting app that does everything that a small (or medium) sized business needs. Easy to learn, easy to use and produces all the information and records needed.

A very good accounting software (7.9)
27/08/2015 13:16:00 5/5 By good02
this is a very good and simple double entry accounting software with all the necessary functions and reports that can serve at accounting from small entrepreneurship to larger enterprises. simple, easy to use, and offers all the needed VAT, customers and suppliers, and reporting functions. a very good software that complies with today’s needs and helps a lot for who want to do the accounting job by her/himself. thank you for Anthony Prince, the developer. a very good job.

Wish I had used this from the start (7.4)
29/01/2015 10:52:00 5/5 By Lucy out West
This is pretty straight forward to use, and produces lovely clear reports. I had previously used a different application, and wish I had bought Abacus from the start. One of the very best things is the fantastic support - every time I have asked what are pretty daft questions I have had a really quick and helpful response, that does not stop until I am sorted out. I really need this! Having some basic understanding of accounts/book-keeping helps, but I think that is the same with whatever you use if you want to produce P&L, Balance Sheets, reconciliations etc.

Mr (7.3)
16/12/2014 17:42:00 4/5 By mo.61
This is a basic app but very usable. That sais, it would benefit from a feedback link so that I wouldn’t be leaving this review. A major oversight is the journal entry facility which only accepts single postings for every journal i.e. one debit and one credit. Where you have multiple debits to one credit or vice versa you must enter this as multiple journals! It doesn’t even offer the ‘repeat’ function so you have to re-type dates, references, memos over and over for each line in the journal. Come on guys - this has got to be an easy fix…..

Excellent! (7.1)
03/11/2014 17:00:00 5/5 By JCTurner
A great application with exceptional support form the developer. I've been using Abacus Accounts for a number of years (nearly 2,000 transactions) and continue to get updates and support. Don't bother with those free online accounting sites or even the subscription model deals - Buy a licence for this instead, it's a bargain.

Intuitive and helpful (6.6)
21/07/2014 10:57:00 5/5 By SalHardie
This is a super app - I have basic accounts knowledge and this helps to understand double entry etc, however Abacus help guides you through this process. It is much more like a proper programme than an app. I would put it in line with Sage. And it is significantly less expensive! You can make (and I have made) mistake after mistake, figure out where you are going wrong, and fix it - all without the programme calling you an imbecile. It is wonderfully forgiving, and a joy to work with every day. My accountant is grateful for the reports facility and it has saved me time costs with her which has more than paid for the price of the app. In addition when I contacted the creator about an issue I had (through my own mistake), not only did he repond quickly, but has integrated a fix in the next upgrade (I consider this my own little bit of the programme now….) :). Can I not help but be loyal?? Definitely a 5* review - and the first review I have ever given, too!

An excellent tool for any business (6.6)
04/07/2014 02:09:00 5/5 By andre_m_c
This programme provides an essential tool for any small business. It is easy to use once you get familiar with the input method and provides both flexibility in set up and the range of reports produced. The response to a request for help was impressively rapid.

Excellent! (6.5)
21/05/2014 18:59:00 5/5 By Routemaster4Hire
Looking for an easy to use accounts package, then look no further. I run 2 small businesses and wanted an app that will help me keep all things financial in order. I have not been disappointed, its easy to set up and more importantly easy to understand. You don’t need to be an accountant to use this!

Highly recommend this app (5.0)
27/07/2013 02:06:00 5/5 By Daveyah
Can't recommend this app and the after sales support highly enough. It's simple to use, meets every need I have for accounting for my small business and more with the invoice generation and reconciliation. For the money it surely can't be beaten.

Fine for basic accounts but some problems... (4.8)
18/05/2013 18:51:00 3/5 By Fiddlecase
Easy data entry, although trying to track unpaid expenditure is difficult. Printing is poor: very difficult to set columns accurately and no Landscape printing which would make reading the full details easier. No0 export to commercial formats (even Excel would help) so difficult to send off to the accountants. First time I have done my (small) company accounts and better printing, and an ability to export to other formats would have made things MUCH easier.

Abacus Accounts; a great app (4.4)
22/04/2013 20:22:00 5/5 By notlost
I have been using this app for nearly a year and I find it really excellent. I do the accounts for two businesses and you can easily switch between the two. I couldn't really afford to pay £20 a month as we were just starting out. I don't think I would take anything else now anyway as I like using this application. It helps if you know something about accounting but you can learn as you go along. In any case the support is really excellent too. You get a reply almost by return. If you need an accounting package go for this one. It is great!

Great "little" app. (4.2)
26/02/2013 16:49:00 5/5 By speedycyclo
I have for many years used larger accounting applications on the Mac, such as MYOB, but didn’t really need all their features in my small business. Recently, due to a change in ownership, MYOB insisted on the sale of yearly mandatory support contracts as part of their service. This unnecessary running expense prompted me to change applications, despite the obvious inconvenience of such a transition. Thankfully, there are n0w many more applications in the Mac accounting market, f0r personal use and for businesses of different size, offering a healthy competitive field. Abacus aims for a unique selling niche in that market. At the unheard-of price of £25, it had to be minimalist in its approach. The developer, Tony Price, managed this feat successfully, but as a user, y0u have to understand his unconventional solutions. It is therefore essential to read the help section carefully. While the application follows the standard bookkeeping practice of double-entry, it does away with many features common in larger ones. For example, while you can enter supplier transactions, you cannot print purchase orders, and forget about printing separate credit notes or delivery notes to your customers. You can work around these omissions in a limited way by careful manipulation of the few reports the application offers. A contacts database is missing, even though other accounting apps made use of the Mac “Address Book” with minimal programming cost (Abacus ‘remembers’ all entered customer addresses through using the ‘Print Invoice’ command). Having said all this, Abacus is a great “little” accounting application that satisfied all my small business needs at no great expense. A big PLUS in its favour is the excellent and almost instantaneous support offered by the developer, who adds features upon sensible suggestion, e.g. the recent addition of “Cash Accounting” - possible in the VAT system in the UK. Other improvements will surely follow. Well worth the money and customer stars.

Excellent value and easy to use accounts program (3.9)
27/12/2012 16:04:00 5/5 By Pete & Phyll
Easy to use application with a good help file. Ideal if you want to prepare proper accounts for a club or small company and because it uses proper double-entry bookkeeping it's much less likely to create those hard-to-trace errors that happen in spreadsheets. When you're responsible for other people's money, your accountant will thank you when it comes to auditing your work, particularly if you have to account properly for VAT. Realy good value program.

Abacus Accounts Version 3.7 Brilliant (3.7)
24/08/2012 23:43:00 5/5 By Schaferhund Bob
This is a very useful and user friendly app and in my opinion seriously underpriced. I have found nothing out there for small businesses and sole traders as good as this. It will support 3 separate businesses and multiple Bank accounts. Don't worry if you get stuck - if the help button doesn't solve your problem then an email to Tony Prince will solve your query very quickly. I admit I have had to contact Tony a few times and he is very patient and helpful. Very happy with this app. Money well spent and highly recommended.

Great app (3.6)
23/07/2012 13:18:00 5/5 By notlost
This is app is just what I needed. Being a small business just starting out I didn't want to pay for an accounting program at £20 per month. This app does everything I need. Email support is very quick too. I would recommend this app.

Great app and after sales assistance! (3.5)
02/07/2012 17:30:00 5/5 By Nikki2375
This app is great. It is simple to use. It saved me from paying accountancy fees and Tony provided brilliant after-sales support! Money well spent! :-)

Save time Save Money!! (3.4)
31/05/2012 11:06:00 5/5 By LateoSurv
As a small business I needed to manage my accounts more effectively than a spread sheet. I looked at some of the other more well known and much more expensive programs which I found to be very complicated. I showed abacus to my accountant and the first thing he said was "Bingo you've cracked double entry book keeping" When I told him how much it cost he said "thats an absolute bargain" I was able to print off reports there and then, saves him time which in turn save me money on his bill!! Double bonus!!

OK for basic book keeping (3.1)
03/04/2012 21:48:00 3/5 By T3man
This package isn't expensive - and for the money it does what it says on the tin. It tracks VAT too - something that you'd pay a lot more for with other more commercial packages. Having read the reviews I was hopeful that it would do enough for us for our farm and consultancy business. We have product sales, consultancy billing and contracting work all to track and invoice. It will do it, but inflexibility on invoice layout particularly is a bit of a show stopper for us. Some of the way in which it does things is a bit basic if you are used to more comprehensive software. If you don't want too much from this and you're a small business, or a sole trader - then it will probably be fine. If you want added functionality - then I think you'd be better looking at something else like Kashflow - but be aware it will cost you a lot more.

Just what I've needed... (2.9)
02/03/2012 14:52:00 5/5 By MCal27
OMG Abacus.. where have you been all this time!!! I've had my own small business since 2006 and always struggled with software packages (MYOB etc) I'd always just handed my accountant masses of papaerwork and let him get on with it… My business is now growing and after seeing the reviews for the previous version I thought I give this a try… The price sure is right!!! For the first time ever I'm up and running (in a basic way.. it's only been 2 hours!!) and already I see for the first time clearly what sort of financial shape the business is in… Thanks so much. Would be PERFECT if we got icloud support later as my wife will be entering data too from another Laptop ideally so I'm going to have to look at hosting the datafile on a webdav share possibly..

Finally something that makes sense! (2.7)
11/02/2012 22:47:00 4/5 By Grant N.
I've read a little about bookkeeping, but there really isn't anything that applies the basic principles in an easy to use way. This does! It finally all makes sense. I'd like to see some UI/Workflow enhancements and better export options before 5 stars (e.g. it could autofill bank payments based on previous entries and allow me to change account names etc). Other than that, it's stable and easy enough to use. The user guide is a little thin on the ground, but there are many books about to help you get started on Bookkeeping and then this will all make sense!

Great Little App (2.5)
29/01/2012 13:08:00 5/5 By Mersea Mudlarks
Just what I wanted; very easy and straight forward, I put all of my accounting data into the App (four months worth); from when my accounting year started all within a few hours and everything matched up, I even emailed Tony for some advice (on a Sunday); and he replied within the hour; very helpful.

Great program (2.3)
07/01/2012 22:22:00 5/5 By picalot
I Know nothing about accounts bought this program, played around with it, a couple of days later im keeping my books for my new company. Great stuff!

Prompt support but still a problem and NOW FIXED (2.3)
24/12/2011 09:35:00 4/5 By Robert Taylor
I bought this program because it was cheap and looked easy to use. I have a farm with only a few high value transactions and this looked like a good solution. Had a few problems finding my way around but anyone with a basic knowledge of accounts will be OK. However then I hit a problem after 50 something transactions. Although the transactions appeared in the bank account they didn’t appear in the expense account Support was quick with an almost immediate email reply but its not fixed yet and I hope I don’t have to enter everything again Without this fault its quite good with this fault useless - I should update this review and say that the fault was fixed and this is has proved to be a very good application.

Great app for keepng Club Accounts (2.2)
10/12/2011 18:43:00 5/5 By Mutley-JA
I am the treasurer for a youth football club and purchased this app to help me keep the books. It's very simple to use and allows me to run multiple accounts (for insatnce 1 for each age group team within the club + main club account etc). It's easy for me to generate monthly statements for each account to take to committee meetings. The reconcile feature works well and like the rest of the app it is incredibly simple to use. Highly Recommended.

excellent product, once you understand it (2.0)
15/11/2011 13:01:00 5/5 By salsabel
I now love this app, I have a smallish mainly cash based business and it works great. Once i figured out how to use it, (I don't really have a good accounting head on me, and struggled with the terms used), but now understand them its fine and I love it. Once this is mastered it is very simple to use and user friendly. Support is great, quick email replies, I requested a Edit Button, and within weeks there is one, which has in my mind really improved it, as i was prone to make silly mistakes and needed to void the entire trasaction, and re put in, this thankfully is no longer necessary. So great Product, Highly Recommend

Peter (2.0)
10/11/2011 15:18:00 5/5 By FixitPete
Since I purchased this application upgrades have been issued, eg the addition of recurring transaction and editing facilities and this has made a good product even better. I use the application to manage the accounts of a Club and it is very satisfactory indeed, it does all that is required. Support is good too, the occasional query has been answered by return in a clear and helpful manner. Well worth the purchase price.

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