Aqilla Pricing, Features, Reviews & Comparison of Alternatives

Aqilla

Cloud Accounting Software for Business

4.16/5 (32 reviews)

Aqilla overview

What is Aqilla?

Aqilla offers a whole range of features to make using our online accounting software as simple and as straightforward as possible. Running effortlessly within a web browser, system functions can be selected from tool bars that feature clear and precise information as to their function and purpose. The system features a unique multi dimensional calendar system that provides real flexibility in managing any sized business.

Simple easy to use functions allow easy selection of dates for all documents and processes. Furthermore the system is pre-configured to recognise common groups of time such as this period, this week, this month, and this quarter. Making notes and adding detail to documents is very straightforward. Pop up notepads allow text to be entered directly or copied from other applications or reference material.

Document Entry provides the main facility for entering data into the system. The flexibility of Aqilla means the system can be configured to satisfy a wide variety of bespoke requirements.
Thus rather than just entering journal information about a sales invoice, the system can be configured to capture information from the original source document, passing it through an approval process and print a hard copy if required before releasing it to the ledger.

Data is captured within a document which reflects the way most organisations operate. For example one cash receipt documents summarises many cash receipts from multiple customers in a single step; one weekly time-sheet can address multiple projects and activities; invoices can be free form or relate to catalogue items, and a payroll summary could link to the detail captured in the payroll system. At all stages the behaviour and impact of debits and credits are automatically governed by the system reducing errors and speeding up processing time.

Using a comprehensive mapping definition, complex rules can be used to determine how information is treated between the original document and the final accounting entries; e.g. the user may wish to specify what information is mapped to the credit and debit lines (e.g. debiting the customer account with the gross amount, and crediting the sales and tax accounts).
Document status management is straightforward and easy to use enabling a flexible approach to processing and authorising any item.

The workflow of each document can be used to manage series of approval processes and for different users to view or change different information before it is finally committed to the ledger. Hard copy documents can be generated through the system’s document printing function.

The workflow of each document can be used to manage series of approval processes and enables different users to view or change information before it is finally committed to the ledger. Hard copy documents can be generated through the system’s document printing function. These can be used to define transactions that are to be generated on a regular basis. The frequency would typically be of a time frame between weekly to yearly, examples being monthly payroll, quarterly service bills, and annual contracts. Such scheduled documents simplify data entry and support the production of meaningful cash flow analyses and reduce data entry errors.

Class Leading, Multi Currency General Ledger - Using a proven and trusted integrated or combined ledger model, Aqilla operates in real time across multiple periods and multiple user definable calendars to support fiscal and management reporting timelines.

An inherently flexible coding structure combined with account categorisation allows for the grouping of financial information for statutory (GAAP, FASB, IASB, IFRS and Sarbanes-Oxley) or management reporting purposes. Information can be linked and grouped for almost unrivalled hierarchical analysis. Users can opt to start quickly with a ready made template based chart of accounts or construct their own to reflect the needs of their business or organisation.
www.aqilla.com

Pricing

Starting from
£10/month
Pricing options
Subscription
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States, Canada, United Kingdom, Australia, China, India

Supported languages

English, French, Portuguese, Russian
Aqilla screenshot: Aqilla Cloud Accounting Software Meet Aqilla - cloud accounting softwareAqilla screenshotAqilla screenshot: Aqilla runs perfectly on the new iPad AirAqilla screenshotAqilla screenshotAqilla screenshot

Aqilla user reviews

Value for money
Features
Ease of use
Customer support
  4.4
  3.8
  4.0
  4.4
Fu Lan Hy

Powerful, quick and easy to use Accounting Software

Used daily for less than 6 months
Reviewed 2019-10-29
Review Source: Capterra

My general experience with Aqilla has been good. Having never used the software before I have been pleasantly surprised how easy it is to use and how powerful it can be to produce financial reports on demand

Pros
Aqilla has been very easy to use since I started using it in June 2019, with minimal training. I really like the fact that you can tailor your own reports on Aqilla so can tailor the reporting to your needs.

Cons
I find it slightly confusing how to limit or add permission for users on various areas of the software

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

Minimize review

Carole Light

My Review of the Aqilla Accounting Package

Used daily for 6-12 months
Reviewed 2019-10-29
Review Source: Capterra

There is a lot more to this package which I have not had chance to explore - my experience so far has been frustrating at times when I know I should be able to do things but have trouble to find out how, but on the whole Aqilla seems to be good value for money.

Pros
It looks good on screen The easy ability to download information onto excel The ability to open up a second screen

Cons
The top tab names, I find I regularly go into the wrong location for items. The help button, it has never brought up the problems I am trying to sort, seems to pick just the first word and give all items with that one word Changing Rough Posted documents to 'Posted', the system does not post into the period the document is already allocated to automatically, with several periods involved you have to Post month by month. Not being able to see the currency value total if more than 1 page, have to download an Excel report for the information.

Rating breakdown

Value for money
Ease of use
Features

Likelihood to recommend: 7/10

Minimize review

Nahum Muwowo

Generally okay

Used daily for 6-12 months
Reviewed 2019-11-28
Review Source: Capterra

Overall the relationship is better than what I found when I joined the company - the support desk and consultants are very helpful and try their best to answer our queries

Pros
ability to extract reports quickly using Aqilla and Sharperlight

Cons
the issues faced in our first year of implementation relating to transactions and effect - sometimes seems too complex

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 4/10

Minimize review

Ken Hill

Easy in Easy out

Used daily for 2+ years
Reviewed 2019-10-29
Review Source: Capterra

Full accounting of Sales, Purchase & General Ledgers, through to Monthly Management accounts. Budgeting and Trend analysis. KPI's and ad-hoc queries and investigations.

Pros
Ease of duplicating repetitive transaction saving time and potential keying errors. Integration with Sharperlight making data import/export a breeze. Continuous product enhancements keeping it current and improving the finance process.

Cons
Some features are only progressed through Consultant intervention - as an IT savvy user I'd like to be able to do more.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

Minimize review

Ian Haldenby

Good for the right size/type of business

Used daily for 2+ years
Reviewed 2019-10-29
Review Source: Capterra

Good value for a basic reporting tool with integrated AP and expenses which would be perfect for a relatively stable group structure

Pros
Good value for money Continuing to innovate Reasonable base funcationality on all the things will need

Cons
Doesn't feel 'consumer grade' around expenses Approval hierarchy/workflow is a work round and not robust

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 6/10

Minimize review

Aqilla pricing

Starting from
£10/month
Pricing options
Subscription
View Pricing Plans

Core: £10 per month

Line of Business: £25 per month

Pro: £50 per month

Enterprise: £70 per month

Additional services available.

Aqilla features

API
Accounting Management
Expense Tracking
Multi-Currency
Real Time Data
Reporting & Statistics
Workflow Management

Accounting Integration (184 other apps)
Activity Dashboard (288 other apps)
Audit Trail (165 other apps)
Automatic Notifications (189 other apps)
Billing & Invoicing (217 other apps)
Compliance Management (232 other apps)
Customizable Reporting (191 other apps)
Data Import/Export (218 other apps)
Electronic Payments (193 other apps)
Financial Analysis (161 other apps)
Invoice Management (260 other apps)
Invoice Processing (175 other apps)
Third Party Integration (260 other apps)

Videos and tutorials

Additional information for Aqilla

Key features of Aqilla

  • Sales Ledger / Accounts Receivable
  • Purchase Ledger / Accounts Payable
  • Nominal / General Ledger
  • Cash book / Treasury management
  • Asset management / Fixed assets
  • Financial analysis & reporting
  • Sales & purchase order processing
  • Budgeting & forecasting
  • Project accounting
  • Microsoft Excel integration
  • UK based data centre
  • Timesheet production & management
  • Expense management
  • Bookkeeping
  • Multi-currency
  • Multi-lingual
  • Cross-country requirements
  • Inventory control
  • Document management
  • Workflow management
  • Bank reconciliation
  • Cash management
  • Overheads & project costs analysis
  • Spreadsheet management
  • Real-time data
  • API integration
  • Automatic backups & disaster recovery
  • Multi-Currency
View All Features

Benefits

Query, Reporting & Search - Aqilla provides a flexible tool for the querying data held within the system. Document views may be created at both a summary and detail level of each of the source document types and ledger transactions. Queries can be constructed to view Sales Invoices, Purchase Invoices, Expense Sheets, etc. showing a summary view based on one or more fields that have been selected to summarise by and more often than not making the requirement to print hard copy reports unnecessary.

The summary views can be expanded into details to show what transactions make up that summary (Drill Down). Similar views can be constructed for the ledger transactions enabling queries by journal, transaction, account, etc.

These views also provide intelligent drill-down capabilities so that information may be examined in different dimensions. For example from an account enquiry, the user could select the journal number to display a journal enquiry for the selected transaction or a transaction enquiry by selecting the transaction reference.

As is the case throughout the rest of Aqilla, column data can be sorted on the fly in ascending, descending and entry sequences.

Reporting - Reports may be viewed directly in a web browser (or through a web service) and can contain both summary and detail views. If a hard copy report is required, the system can generate its output as a PDF file, which can be printed, emailed as an attachment, or exported to a formatted Microsoft Excel spreadsheet or CSV file.

Each report can access a set of report profiles that stores the users individual selection; e.g. whether the un-posted journals are to be included, and details of the columns etc. These profiles can be specific to the user, and be added to, deleted or modified as required. Profiles may also be made available globally but these may not be modified.

In order to assist in efficient and fast processing of documents, Aqilla has Smart-Search capabilities implemented throughout. When typing data into any Smart-Search field, the system will automatically generate a drop down list of records that includes matching information. Continuing to type will focus the results until the correct item is ultimately selected from the drop down.

Smart-Search enables you find information quickly and efficiently, reducing errors in the preparation of documents.

Integration - Aqilla uses web services technology to expose and exchange often used business functionality for direct application-to-application interaction, in the form of processes, messages, or documents.
All web services are highly interoperable and re-usable and there is an increasing number of such services in the public domain designed to provide information from up to date currency rates through identification authentication to consignment shipment status and the systems makes good use of these where relevant.

In addition to all the financial reports in the system being viewed directly via the web browser; any of the data in the system may be published using a web service in summary and detail forms and from here shared, processed (with full validation still being managed by Aqilla), printed, output to PDF or emailed as an attachment.

Furthermore all data entered into the system may also be imported using a web service. This approach supports the entry and amendment of source documents; the updating of status information as well as the entry and amendment of reference data.

Integration with Microsoft Excel - One way that the system exploits these web services is through the use of the Microsoft Excel Add-in. With this add-in installed, the user may very simply analyse live data, update reference data or import transactional data from an Excel worksheet.

Business Intelligence Built In - The Aqilla Home Page features as standard a selection of Smart-KPIs (to track financial and non-financial metrics). These define and aid the measurement of progress against operational and strategic goals.