Most businesses already have bank accounts in place when they start working with Arithmo. Pulling these accounts in is easy, requiring the business to simply enter account information to link the two.
Once an account is integrated with Arithmo, users can quickly reconcile bookkeeping with all business accounts, ensuring no information is lost during duplicate entry. This also helps ensure accounts always have the most up-to-date information available.
Getting paid is the most important part of keeping a business going. Arithmo seeks to make the process as simple as possible to get its users paid faster. Using Arithmo, businesses can create a template that can be used with each client. This automation will save team members the time they would have spent creating paper invoices and tracking them.
Within the invoice template, businesses can upload a logo and customize fonts to create the look they want. Once sent, invoices can be tracked in the Income section of Arithmo, with refinement available by customer, days overdue, payment method, and more.
Late payments can hurt your business’s credit and negatively impact your relationship with suppliers. With Arithmo, you’ll be able to stay on top of your pending obligations. Suppliers can be entered in Arithmo and each payment tracked in the system.
Under the Expenses tab, professionals can also isolate only repeat expenses, which helps with budgeting. Arithmo’s Aged Debtor and Creditor Analysis shows which payments are due and overdue, as well as how many days overdue they are.
The creators of Arithmo noticed many professionals felt daunted by complex accounting procedures. With Arithmo, they sought to bring ease of use to everyone within an organization, creating an app that can be used by anyone, regardless of accounting knowledge.
Arithmo combines the ease of use found with spreadsheet-oriented procedures with the functionality of today’s comprehensive accounting solutions. The solution requires no training, but an extensive knowledge base of articles is available to answer any questions a user might have as he navigates the software.
Gathering reports on your expenses and income is an essential part of any accounting software. Arithmo has a robust reporting section, enabling businesses to run reports on profit and loss detail, expenses, customer statements, and much more. This will give you insight into your finances that can help you determine where to make cuts, if needed.
Arithmo also includes Value-Added Tax reporting to help businesses meet their obligations. The process of calculating VAT through the standard method is automated with Arithmo, as well as calculating cash accounting and flat rate VAT schemes.
Most popular features of all Finance & Accounting apps
17 reviewers had the following to say about SimpleBooks's features:
Excellent, I have not found a problem with the software and it fulfills all of my current accounting needs.
It has a full audit trail. The ETB for accountants is excellent.
Consolidate the VAT of all invoices has been our salvation, is one of the great successes we have had with this software
It is an easy to use software, it does not need any previous training, it does not require installation, nor configuration, it is excellent to carry billing, since the VAT calculation is automated, it is also a very economic software
Frequently asked questions should be changed and adapted according to the doubts that regular users present
Time used: 6-12 months
Frequency of use: Monthly
Likelihood to recommend
Clear and easy to use.
An easy to use package ideally suited to small businesses.
Compared to many other accounting systems i have used and viewed, this is by far the easiest system to use.
Ease of use everything about it is designed for simplicity, without looing any critical features.
When i want to make a change to a statment i am so used to using a right mouse click, not a left click. I know i am being a little pissy about this but it is the only thing that i can say i mildly dislike. But it aint a big issue.
This is a simple accounting/book-keeping software for the smaller business.
Arithmo is very good value, user friendly and helps small businesses to keep track of their finances as part of the everyday routine.
You can use as many or as few of the features as you need for your purposes, and it is easy to adapt them to your own way of recording information ('clients' can become projects, for instance, so you can effectively create cost centres)
It would be great if you could automatically feed information through from income to expenditure rather than input everything twice to create new (clients/suppliers/projects) - sometimes you want to track income and expenditure for the same things
Very good package, easy to use.
Some fuller explanations on the different applications would be useful, and a quicker response time when making queries would be advantageous.
Good features and easy to use.
Find it exceedingly easy to use.
The page gives you every facility of moving around the whole programme. If there is a problem with the page you are on down the right hand side there are easily understood directions of how to use that particular page.
On the contrary, I do not have any complaints and love using it.
Arithmo is very easy to use and very good value for money.
This software is ideal - very easy to use and very good value for money.
Arithmo is a excellent tool for small business have used it for 3-4 years had no problems at all
It is a nice and efficient also easy to operate and even a less educated can handle and use it and support is good.
This is very slow and has very less features. When I looked at FAQ's it was not much useful and instead confusing.
Time used: Less than 6 months
Frequency of use: Monthly
Likelihood to recommend