Depending on which dealers you chose, SQL Accounting price may vary. However the pricing variation between dealers is quite minor. This article will look at factors that affect the pricing. SQL Accounting has different package plans that come with different features set. These package plans are also sold at different price point.
Desktop or Cloud Version
There are pros and cons for each desktop and cloud accounting software. It also greatly affects the pricing.
Desktop Version Pricing
We have done market research and among the dealers we have surveyed, below are the pricing summary:
- Lowest Price: RM1,499 (software with basic features only without much support)
- Standard Price: RM1,799 (software with basic features only + little support)
- Highest Price: RM2,699 – RM2,999 (software with basic features only + good training and support)
Cloud Version Pricing
Cloud version has simpler pricing compared to the desktop version:
- Standard Price: RM39.50 / month, each additional user is RM30 (software with basic features only + personalize training and phone support)
SQL Accounting Basic Features
You may be wondering what are the so called “basic features” of SQL Accounting. We will cover some main basic features below. Do note that there are more features than what we covered here. Below are just a summary.
Ecosystem
Despite the complex features and capabilities of SQL accounting, its interface is designed to be user-friendly. There are some customizable options, such as scripts, grids, and sales reports. It lessens some of the most unproductive tasks through its automated system. It also offers an excellent security system due to its 24/7 security back-up considering an internet connection is available. Besides, the search navigation comes in handy in cases where a particular file is needed.
General Ledger
SQL accounting provides a more manageable way to easily manage and organize a company’s financial records. Through general ledges, authorized personnel can create accounting records as per the organization criterion of the company. It also provides a variety of financial reports, primarily document listing, journal of transaction listing, summary listing, ledger reports, trial balance, receipt and payment reports, profit and loss statement, and balance sheet statement. Lastly, it supports odd financial date to easily track, modify, and create financial records from any period needed
Customer
SQL account has its own special aging features and advanced credit control wherein the business enterprise can set limits, such as overdue and credit limits per customer. It also allows creating customer module reports, including customer document listing, customer balance report, aging report, customer statement, customer post date cheque listing, customer analysis by document, and many more. These works with different currencies suitable for businesses with international clients and suppliers. Besides, it also benefits the consumers since the availability of multi-currency lessens their burden, and it makes the business readily available.
Supplier
It has the same system with costumers – built-in special aging feature and credit limits, both overdue and credit limit, for suppliers. It supports a variety of supplier module reports, including supplier document listing, supplier balance report, supplier statement, supplier post date cheque listing, etc. Basically, it runs the same with the customer module reports, which supports multi-currency, but with the suppliers.
Sales
SQL accounting provides an easily manageable price and stock history. It allows companies to view and track the sales and price history of any item you wish to review. In creating a sales document, it allows you to view stock balance and sales price history through the assistance of a supporting screen. Additionally, it is capable of doing sales module reports similar to the customer and supplier systems, such as creating sales document listing, outstanding sales document listing, sales picking list, customer price history, and almost every other reports needed for the financial report.
Purchase
Similar to the system of sales features of the SQL accounting, it supports partial delivery throughout the documents and gives ease when creating a purchase module report due to the assistant screen feature. Moreover, the purchase module reports are also supported, which include purchase document listing, outstanding purchase document, supplier price history, etc.
50% Discount via Malaysia Government Grant
Feel that it’s pricey ? There is a good news for you. The Malaysian government has allocated RM500 million under Budget 2020 to digitalise the operations of Malaysian small and medium-sized enterprises. If your business is qualified for the grant, you can get up to 50% discount when buying SQL Accounting software. For example if the software price is RM2,699, you pay only RM1,349.50 and the balance will be covered by the grant. This offer is for limited time only. Contact one of the dealers to find out if you are eligible for the grant.
Conclusion
What we have covered on the above is just SQL Accounting software price with the basic features. Depending on your business, you may need additional features for example Inventory control. These features are available as additional modules that you can addon to the basic software.
Try before you buy. You can always download the free demo version to evaluate the features before you commit into it.