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TurboCASH

TurboCASH, which is open-source accounting software, is designed to assist you in streamlining your accounting processes. Its lead development team is based in South Africa, but there are contributors to the project from all over the world. The software is known to offer multiple languages, currencies, and taxation support. It has been continuously developing since April 1985, and it was released under the GNU General Public License in July 2003. Aiming at the small to medium-sized business market, the core functions of TurboCASH accounting software are a general ledger, posting transactions into accounts, as well as producing financial reports. People using the software can expect timely updates following the change in taxation regulations and guidelines. GAAP (Generally Accepted Accounting Principles) and IFRS (international financial reporting standards) are followed by TurboCASH.

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TurboCASH for Businesses

TurboCASH is undeniably a powerful, flexible, and excellent accounting program that is available to use at a great price which affordable for anyone. The software has some pretty great features like stock control, VAT accounting, bank reconciliation, and many more. There are many accounting applications out there, but TurboCASH is affordable, and that is why it is much preferred. And as you know, it’s an open-source software; plug-ins can be added to the main program, and this opens up various vertical market opportunities. Every four months or so, various updated versions of the programs are released. On the other hand, major upgrades are rolled out once a year.

TurboCASH is more than just a simple “Home Finances” or “Small Business” bookkeeping system, as it is designed to provide everything a business needs to manage and maintain its money. It has adopted the open-source model used by world-class software providers, including MYSQL and OpenOffice. The software can also work with corporations and users at the same time.

Using any business management software which includes features like general ledger, full stock control, VAT accounting, invoicing, bank reconciliation, trial balance, and many more will significantly aid in the transformation of your organization. When choosing any business management software for your business growth, you should go for the option which can be versatile and flexible to your current and future requirements.

And however, TurboCASH grows with your business which allows you to explore uncharted territory developing and diversifying your process even more, and it also has some pros and cons that you should consider checking out.

Pros:

  • TurboCASH is a user-friendly software, and any new user will find it very easy to follow and use. 
  • It is flexible, which helps in dealing with new laws that may cause difficulty in accounting. 
  • It consists of features that enable the users to switch easily into multi-currency situations. 
  • It also helps in producing the financial reports that would reflect the currency changes. 
  • It can even create multiple company databases.
  • It is stable and has useful built-in templates.

Cons:

  • The software is not common and is not being used by many companies.
  • The free version of the app takes too much time to do the bank reconciliation.
  • It can’t be used on iOS and can’t do auto backup.
  • It needs improvement in cloud functionality.
  • macOS bugs occurring while using the software should also be resolved.
  • There should be an extra plug-in for banking.

MWJ Consultancy works to make your company procedures as simple as possible so that way you don’t have to modify your working strategies. We provide software support and make sure that you don’t experience any issues.

FAQs

The pricing of the TurboCash accounting software starts at $60.00 as a flat rate per year. There is also a free version of the software. And you must know that it does not offer a free trial.

The accounting features added to the TurboCash accounting software are full stock control, VAT accounting, invoicing, bank reconciliation, trial balance, and many others.

The software works efficiently to meet all your business requirements. And as of version 5, you will need to pay an annual subscription fee. TurboCash works aiming at the small to medium-sized business market, placing it between a home finances package and an ERP package

In comparison to its competitors, TurboCash accounting software is ranked 2nd on the scale of 1 to 10, which is less than any other accounting software cost. So, you don’t have to worry about its pricing.

The following error can be resolved by following some of these simple instructions:

To clear the error, hit the “Ok” button and go to a set of files or books you wish to save. All you need to do now is use a different unsaved name in your system’s directory.

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