Daxko Accounting vs Manager

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Our analysts compared Daxko Accounting vs Manager based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Daxko Accounting Software Tool

Product Basics

Daxko is a cloud-based software solution for businesses operating in the health and wellness industries. It serves non-profit organizations, YMCAs and JCCs. Organizations can access it from anywhere, anytime, with a stable internet connection. It provides integrated technologies, insights and payment methods.

Businesses can involve employees in budgeting processes to ensure accuracy and accountability. It provides financial management modules and allows users to forecast, make budgets and create account charts.
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Manager, a cloud-based accounting software, streamlines financial tasks for small and medium-sized businesses. Its intuitive interface simplifies bookkeeping, from recording transactions and managing accounts payable/receivable to generating reports and filing taxes. Geared towards entrepreneurs and accountants, Manager empowers users with control and flexibility. Key benefits include automated data entry, real-time financial insights, and robust inventory management. Popular features like bank reconciliation and custom reports enhance efficiency and decision-making. Compared to similar products, Manager boasts user-friendliness, affordability (starting at around $15 per month per user), and a supportive online community. While it may lack advanced features of enterprise-level software, Manager excels as a user-centric accounting solution for growing businesses.

Pros:
  • Easy to use
  • Affordable
  • Real-time insights
  • Mobile access
  • Active community
Cons:
  • Limited reports
  • No payroll integration
  • Basic inventory management
  • Learning curve for taxes
  • Limited customer support
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$99 Monthly
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Tailored to your specific needs
$15/User, Monthly, Freemium
Free Trial is unavailable →
Get a free price quote
Tailored to your specific needs
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Product Assistance

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24/7 Live Support
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Product Insights

  • Better Security: Offer web-based software backed with secure modern data infrastructure. Ensure PCI DSS compliance. 
  • Greater Control: Gain control of who can view, access and modify which areas of the system. Allow 24/7 tool access to employees. 
  • Simplify Budgeting: Simplify budgeting and provide visibility into the last year’s budget. Use a forecasting plan for the upcoming year and check year-end finances. 
  • More Accurate: Provide the staff, executives and board with accurate data and built-in reports like cash flows and financial statements. 
  • Greater Transparency: Visualize trends and get insights into accounts with a custom reporting tool that provides visibility across all operations.  
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  • Effortless Bookkeeping: Streamline daily tasks with intuitive data entry, automated calculations, and pre-defined accounts, freeing up time for strategic planning and growth.
  • Financial Clarity at Your Fingertips: Gain instant insights into your business performance with real-time reports and dashboards, allowing you to make informed decisions based on accurate data.
  • Enhanced Efficiency and Productivity: Automate repetitive tasks like invoicing, bank reconciliation, and expense tracking, boosting team productivity and minimizing errors.
  • Scalability for Growth: Manage your finances with ease as your business expands, accommodating multiple users, currencies, and locations with flexible configurations.
  • Cost-Effective Solution: Access powerful accounting tools at an affordable price point, making Manager a budget-friendly option for small and medium-sized businesses.
  • Control and Customization: Tailor the software to your specific needs with customizable accounts, reports, and workflows, ensuring your financial data is organized and accessible.
  • Mobile Access on the Go: Manage your finances from anywhere with secure mobile access, allowing you to review reports, approve invoices, and stay connected on the move.
  • Collaborative Environment: Share financial data and collaborate with colleagues in real-time, enhancing communication and transparency within your organization.
  • Secure and Reliable: Protect your financial information with industry-standard security measures and cloud-based data storage, ensuring peace of mind and data integrity.
  • Supportive Community: Leverage the knowledge and expertise of a thriving online community, finding answers, tips, and support from fellow Manager users.
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  • Budgeting and Forecasting: Create realistic forecasts by involving staff in the budget cycle. View previous budget records and use the comparative study to check year-end finances with forecasting. 
  • Account Receivable: Draft invoices, get payments and manage administrative tasks like goods and services billing. Get statements with one click. 
  • Administration: Access and modify data from anywhere, anytime. Offer a flexible chart of the accounts system. Gain complete control with configurable access and permissions. 
  • Reporting: Create real-time reports and check financial stability by funds, branches or programs. Check budget accuracy and success by auditing the general ledger. Access the required data in specific formats with a custom and in-built reporting system. 
  • General Ledger: Manage invoices, track loan status and create journal entries. Connect bank accounts and reconcile transactions. Save time by avoiding repetitive records, invoices and templates. 
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  • Remittance Advice: Simplify the record-keeping process by informing suppliers or vendors of completed payment including, the purpose, type, invoice number and invoice date. 
  • Fixed Asset Management: Store all asset-related data and make it easy to find the specific data in a hurry. Simplify the audit and reporting process with centralized asset information. 
  • Bank Reconciliation: Prevent theft, keep mistakes at bay and identify accounting errors with bank reconciliations. Know which cash transactions cleared and which are outstanding. Check the validity of bank charges from the by account. Identify the fraudulent use of money, prevent additional charges and give the bank the time to restore the account in case of theft. 
  • Recurring Billing: Minimize the possibility of missed payments or plate payments with recurring billing. Bring greater stability to the business with revenue predictability. Ensure customer data is compliant to PCI standards. Boost flexibility, increase customer retention by making it easy for subscribers to change plans. 
  • Multi-Currency: Spend less time making accounting adjustments due to exchange rate differences. Keep money in multiple currencies in one account. Manage foreign exchanges with reduced transaction cost with convenience and simplicity. 
  • Profit And Loss Statements: Track expenses, profit and loss, revenue with detailed profit and loss statements. Present data in a digestible format and easily sort through stored data. 
  • Cash Management: Minimize excessive spending and use income efficiently. Keep a tab on how revenue is used, manage cash collections and plan expenditures. 
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Product Ranking

#175

among all
Accounting Software

#322

among all
Accounting Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Accounts Payable Accounts Receivable Banking And Cash Management Budget And Expense Management Financial Statements And Revenue Management General Ledger And Chart Of Accounts Integration And Extensibility Inventory Management Journal Entries Mobile Support Multi-company Accounting And Asset Management Platform Capabilities Project Accounting Reporting And Analytics Tax Management 93 97 94 69 86 71 15 73 73 20 60 100 54 62 100 0 25 50 75 100
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User Sentiment Summary

Great User Sentiment 5 reviews
Excellent User Sentiment 81 reviews
84%
of users recommend this product

Daxko Accounting has a 'great' User Satisfaction Rating of 84% when considering 5 user reviews from 1 recognized software review sites.

94%
of users recommend this product

Manager has a 'excellent' User Satisfaction Rating of 94% when considering 81 user reviews from 2 recognized software review sites.

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4.1 (12)
4.2 (5)
4.8 (69)

Awards

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SelectHub research analysts have evaluated Manager and concluded it earns best-in-class honors for Platform Capabilities. Manager stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award
Platform Capabilities Award

Synopsis of User Ratings and Reviews

Intuitive Interface: Users praise Daxko Accounting for its user-friendly design, making it easy to navigate and find the information they need.
Robust Reporting: Daxko Accounting offers a wide range of reporting options, allowing users to generate detailed financial reports for analysis and decision-making.
Streamlined Budgeting: The software simplifies the budgeting process, enabling users to create and track budgets efficiently.
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Completely Free: Offers a fully-featured desktop version with no limitations, costs, or ads.
User-Friendly Interface: Intuitive design makes it easy to navigate and manage finances, even for those without accounting experience.
Flexible Chart of Accounts: Customize account structure to match specific business needs, ensuring accurate tracking and reporting.
Comprehensive Reports: Generate a wide range of financial reports, including profit and loss statements, balance sheets, cash flow statements, and more, providing valuable insights.
Offline Functionality: Access and work on accounts even without internet connectivity, ensuring productivity regardless of location.
Cross-Platform Compatibility: Works seamlessly on Windows, macOS, and Linux, providing flexibility for different operating systems.
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Limited Features: Some users have expressed that Daxko Accounting lacks certain features commonly found in other accounting software, such as advanced reporting capabilities and budgeting tools.
Learning Curve: A few users have mentioned that the software can be challenging to learn initially, especially for those who are not familiar with accounting software.
Customer Support: There have been some complaints about the responsiveness and helpfulness of Daxko Accounting's customer support team.
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Limited Customization Options: Some users find certain features or reports cannot be tailored as extensively as desired, potentially hindering specific workflows.
No Dedicated Mobile App: Lacks a native mobile app, limiting on-the-go access and requiring web browser usage for cloud-based access, which may not be ideal for all users.
Basic Payroll Features: Handles essential payroll tasks but may not suffice for businesses with complex tax regulations or extensive payroll needs, potentially requiring integration with other software.
Potential Feature Lag: Some users report a delay in the implementation of highly requested features, which could impact those seeking the latest functionalities.
Cloud Version Cost: While the desktop version is free, the cloud-based version incurs a subscription fee, which may deter those seeking entirely free cloud-based accounting solutions.
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User reviews suggest Daxko Accounting is a solid, if unexceptional, choice for small businesses and startups, particularly those already integrated with other Daxko products. Users praise its ease of use, highlighting how even those new to accounting can navigate the software and manage tasks like budgeting. This simplicity makes it a good option for organizations without dedicated accounting staff. However, some users find its functionality lacking, particularly its lack of payroll integration, which forces them to use multiple software solutions. While Daxko Accounting offers a decent suite of features, including accounts payable and receivable, general ledger, and robust reporting, it doesn't seem to significantly outperform competitors like QuickBooks or FloQast in any particular area. Its main selling point appears to be its integration with other Daxko products. This seamless integration is particularly valuable for organizations already using Daxko's YMCA or JCC management software, as it streamlines financial processes and reduces the need for manual data entry. However, for organizations not already using Daxko's ecosystem, other accounting software options might offer a more comprehensive or innovative feature set.

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Manager's user reviews in the past year paint a contrasting picture. Fans adore its free, full-featured desktop version, praising its "intuitive design" and "flexible chart of accounts" that cater to specific business needs. "Manager beats anything else free by a mile," exclaims one user, highlighting its "comprehensive reports" and "offline functionality" as major wins over cloud-based competitors. Another reviewer applauds its "cross-platform compatibility," appreciating seamless usage across Windows, macOS, and Linux.** However, some users yearn for more in-depth customization. "Limited options for tweaking reports" and "basic payroll features" leave them wanting, especially compared to paid software like QuickBooks. The lack of a native mobile app also disrupts their workflow, making on-the-go access cumbersome. And while the cloud version offers more features, its subscription fee stings some users who enjoyed the desktop's "completely free" model. Ultimately, Manager seems to shine for solopreneurs and small businesses seeking a functional, free accounting solution. Its strengths lie in user-friendliness, flexibility, and offline accessibility. However, those with complex needs or seeking advanced features might find its limitations outweigh its free price tag.

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