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#369

Patriot Accounting is ranked #369 in the Accounting Software product directory based on the latest available data collected by SelectHub. Compare the leaders with our In-Depth Report.

Patriot Accounting Pricing

Based on our most recent analysis, Patriot Accounting pricing starts at $20 (Monthly).

Price
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Starting From
$20
Pricing Model
Monthly
Free Trial
Yes, Request for Free

Training Resources

Patriot Accounting is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Patriot Accounting:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

Patriot Accounting Benefits and Insights

Why use Patriot Accounting?

Key differentiators & advantages of Patriot Accounting

  • Streamlined accounting processes: Patriot Accounting simplifies and automates many accounting tasks, such as invoicing, bill payment, bank reconciliation, and financial reporting. This saves time, reduces errors, and helps you stay on top of your finances effortlessly.
  • Improved financial visibility: The software provides real-time insights into your business's financial health through clear dashboards and reports. This allows you to track income and expenses, monitor cash flow, analyze profitability, and make informed financial decisions.
  • Enhanced organization and control: Patriot Accounting helps you organize your financial data, maintain accurate records, and easily access information whenever needed. This promotes better financial management and compliance with tax regulations.
  • Simplified tax preparation: The software generates tax-ready reports that streamline the tax filing process, saving you time and effort. It also integrates with popular tax software, further simplifying tax preparation.
  • Accessibility and collaboration: Patriot Accounting's cloud-based platform allows you to access your financial data from anywhere with an internet connection. It also enables collaboration with your accountant or bookkeeper, promoting efficient financial management and timely financial advice.
  • Enhanced decision-making: The financial insights and reports provided by Patriot Accounting empower you to make data-driven decisions about your business's finances. This can lead to improved profitability, cost savings, and overall financial growth.
  • Peace of mind and confidence: Knowing that your accounting is organized and accurate can reduce stress and provide peace of mind. You can focus on running your business, confident that your financial data is secure and accessible.
  • Scalability for growth: Patriot Accounting can grow with your business, accommodating increased transactions and complexity as your business expands. This ensures you have the support you need to manage your finances effectively, even as your operations grow.

Industry Expertise

While Patriot Accounting caters to all industries, it doesn't possess specific industry expertise tailored to any particular sector. Its strength lies in its general accounting functionalities and ease of use, making it suitable for businesses across various industries with basic to moderate accounting needs. If you require industry-specific features or in-depth financial analysis, other specialized accounting software might be a better fit.

Synopsis of User Ratings and Reviews

Based on an aggregate of Patriot Accounting reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

  • User-friendly interface: Patriot Accounting is known for its intuitive and easy-to-navigate interface, making it suitable for users with varying levels of accounting experience.
  • Affordable pricing: Patriot Accounting offers competitive pricing plans, making it an attractive option for small businesses and freelancers on a budget.
  • Strong customer support: Patriot Accounting provides responsive and helpful customer support through multiple channels, including phone, email, and live chat.
  • Basic accounting features: Patriot Accounting covers essential accounting tasks like invoicing, bill pay, bank reconciliation, and financial reporting.
  • Integration with popular payment processors: Patriot Accounting integrates with popular payment processors like Stripe and PayPal, streamlining payment collection.
  • Mobile app availability: Patriot Accounting offers a mobile app for managing finances on the go.

Cons

  • Limited inventory management: Lacks advanced features like barcode scanning, serial number tracking, and purchase order management, making it unsuitable for businesses with complex inventory needs.
  • No multi-currency support: Only supports transactions in a single currency, which can be limiting for businesses operating internationally.
  • Limited reporting capabilities: May not provide the level of customization and detail needed by some businesses, especially those with complex reporting requirements.
  • Scalability limitations: May not be suitable for large businesses with a high volume of transactions or complex accounting needs, as its features and capabilities may not scale effectively.
  • Integration limitations: Integrates with a limited number of third-party applications, which may restrict users who rely on specific software or require extensive integrations with other business systems.

Researcher's Summary:

Patriot Accounting carves a niche among accounting software with its user-friendly interface, affordable pricing, and strong customer support. Users with basic accounting needs, like freelancers and small businesses, praise its intuitive design and straightforward features for invoicing, bill pay, and bank reconciliation. The mobile app and integrations with popular payment processors like Stripe further enhance its convenience. However, Patriot Accounting's limitations become apparent as businesses grow or require more complex functionalities. Users often cite its lack of advanced inventory management, multi-currency support, and in-depth reporting as dealbreakers. Compared to competitors like QuickBooks, which offers a wider range of features and integrations, Patriot Accounting might feel restrictive. Businesses with international operations or intricate inventory systems may find themselves needing to upgrade to a more robust solution. Ultimately, Patriot Accounting's suitability hinges on a user's specific needs and priorities. For those seeking a beginner-friendly and budget-conscious accounting solution, it stands out with its ease of use and affordability. However, businesses with more intricate accounting requirements or aspirations for future growth might find themselves needing a software that can scale alongside their ambitions.

Key Features

Notable Patriot Accounting features include:

  • Income and expense tracking: Record and categorize income and expenses to monitor cash flow and profitability.
  • Invoicing: Create and send professional invoices, track payments, and send reminders to customers.
  • Bill pay: Pay bills and track expenses easily, ensuring timely payments and organized records.
  • Bank reconciliation: Match bank transactions with your records to ensure accuracy and prevent discrepancies.
  • Financial reporting: Generate various reports, including profit and loss statements, balance sheets, cash flow statements, and tax reports.
  • Customizable chart of accounts: Create a chart of accounts that aligns with your business's unique needs and structure.
  • Automatic bank feeds: Import bank transactions automatically, saving time and reducing manual data entry.
  • Inventory management (paid add-on): Track inventory levels, manage stock, and generate purchase orders (available for an additional fee).
  • Payroll integration (paid add-on): Integrate with Patriot's payroll software to streamline payroll processing and tax filings (available for an additional fee).
  • User-friendly interface: Navigate the software easily with intuitive menus, clear labels, and helpful tutorials.
  • Excellent customer support: Access free US-based customer support via phone, email, and live chat.
  • Cloud-based platform: Access your data from anywhere with an internet connection, ensuring flexibility and security.
  • Mobile-friendly access: View your account and manage basic tasks from a mobile device.
  • Secure data storage: Rest assured that your financial data is protected with bank-level security measures.
  • Free 30-day trial: Try the software for free before committing to a subscription.

Approach to Common Accounting Challenges

  • Time-consuming manual tasks: Patriot Accounting automates many manual tasks, such as invoicing, bill pay, bank reconciliation, and financial reporting, saving you time and effort.
  • Difficulty tracking income and expenses: The software provides clear dashboards and reports that track income and expenses, allowing you to monitor cash flow and profitability in real-time.
  • Organizing and maintaining financial records: Patriot Accounting helps you organize and store financial data securely, making it easy to access and retrieve information when needed.
  • Preparing for tax season: The software generates tax-ready reports and integrates with popular tax software, simplifying the tax filing process.
  • Collaborating with accountants: The cloud-based platform allows you to share financial data with your accountant or bookkeeper, enabling efficient collaboration and timely financial advice.
  • Making informed financial decisions: The financial insights and reports provided by Patriot Accounting empower you to make data-driven decisions about your business's finances, leading to improved profitability and growth.

Cost of Ownership

Frequently asked questions regarding Patriot Accounting pricing include:

  • Q: How much does Patriot Accounting cost?
    A: Patriot Accounting offers two main pricing plans: Basic and Premium. The Basic plan starts at $20 per month and includes essential accounting features like invoicing, bill pay, and bank reconciliation. The Premium plan, at $30 per month, adds unlimited users, advanced features like inventory management, and payroll integration (as an additional fee). Both plans come with a free 30-day trial, allowing you to test the software before committing.
  • Q: Is Patriot Accounting affordable for small businesses?
    A: Compared to many competitor accounting software options, Patriot Accounting stands out for its affordability. The Basic plan is particularly cost-effective for small businesses with basic accounting needs. Additionally, the pay-per-month subscription model offers flexibility and avoids long-term contracts.
  • Q: Are there any hidden fees associated with Patriot Accounting?
    A: Beyond the monthly subscription fee, there are a few potential additional costs to consider. Payroll integration requires an extra monthly fee, and certain advanced features like inventory management are also available as paid add-ons. It's important to carefully review the pricing details and features included in each plan to avoid any unexpected charges.

Limitations

Notable limitations of Patriot Accounting include:

  • Limited inventory management: Lacks advanced features like barcode scanning, serial number tracking, and purchase order management.
  • No multi-currency support: Only supports transactions in a single currency.
  • Limited reporting capabilities: May not provide the level of customization and detail needed by some businesses.
  • Scalability limitations: May not be suitable for large businesses with complex accounting needs.
  • Integration limitations: Integrates with a limited number of third-party applications.
Sure, here is the HTML-formatted bulleted list of the 5 most common questions and answers users have about Patriot Accounting:

FAQ

Frequently asked questions regarding Patriot Accounting include:

  • Q: Is Patriot Accounting suitable for my business size and type?
    A: Patriot Accounting caters primarily to small and medium-sized businesses (SMBs). It offers basic accounting features like invoicing, bill pay, and financial reporting. However, it may not be ideal for complex businesses requiring advanced inventory management, multi-currency support, or robust integrations. Consider your specific needs and compare Patriot Accounting's capabilities to other options before choosing.
  • Q: How easy is Patriot Accounting to use?
    A: Patriot Accounting is known for its user-friendly interface and intuitive design. It offers a setup wizard to guide users through the initial setup process, and its features are well-organized and easy to navigate. Additionally, Patriot provides various helpful resources, including video tutorials and live support, to assist users with any difficulties.
  • Q: Does Patriot Accounting integrate with other software I use?
    A: Patriot Accounting integrates with a limited number of third-party applications, including popular payment processors like Stripe and PayPal. While it covers basic integration needs, users who rely on specific software or require extensive integrations may find Patriot Accounting lacking in this aspect.
  • Q: How does Patriot Accounting handle payroll?
    A: Patriot Accounting offers two payroll options: Basic Payroll and Full Service Payroll. Basic Payroll caters to simple payroll needs, allowing users to manually enter payroll data and calculate taxes. Full Service Payroll automates tax calculations, filings, and direct deposits for an additional fee. Consider your business's payroll complexity and budget when choosing the appropriate option.
  • Q: What level of customer support does Patriot Accounting offer?
    A: Patriot Accounting provides customer support through phone, email, and live chat. Their support team is known for being responsive and helpful. Additionally, Patriot offers a comprehensive knowledge base with articles, tutorials, and FAQs to address common user inquiries.
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