BS1 Enterprise Accounting - Free Edition

Accounting and Distribution Software: General Ledger, Accounts Payable, Accounts Receivable, Inventory, Purchase Orders, Sales Orders and Quotes, Sales Analysis, and Bank Reconciliation.

Pros: BS1 Enterprise Accounting is part of the larger offering from the same publisher, the BS1 Enterprise with Manufacturing. It is a multi-currency distribution and accounting system. It contains several modules General Ledger, Accounts Payable, Accounts Receivable, Inventory, Purchase Orders, Sales Orders and Quotes, Sales Analysis, and Bank Reconciliation. The launch pad fits compactly on your screen. Selecting an application from the drop-down list sets the toolbar to the four most frequently used options. Sales order for example has the customers, orders, shipments and the reports functionality.

Sales orders typically would be printed initially as quotes for customer approval. On approval it becomes on order and packing slips are created to be forwarded to the shipping department. As typically part shipments may be allowed, there may be multiple packing slips and bills of lading. Invoices created out of shipment data are generated automatically. A consolidated report on current inventory, sales orders and purchase orders helps scheduling of shipments, purchasing and manufacturing.

Multi-currency accounting is called for by the necessity to facilitate purchasing and selling in different countries. While the general ledger has everything done in native currency only, the profit and loss due to exchange fluctuations are tracked separately to facilitate accounting. Customized financial statements can be viewed easily via a simple set up process. General ledger account totals and inventory total are shown on screen and one is able to drill down to the original source transactions. Getting started with the package is simplified by a wizard that sets up even the common GL accounts. These can be modified if necessary, of course. Customizing is easy end the source code is available for linking to several databases.

Cons: No obvious problems noticed.

Overall: An application with a lot of useful features and customization tools available, this one is good for 4 stars.

BS1 Enterprise Accounting is a multi-currency distribution and accounting system: General Ledger, Accounts Payable, Accounts Receivable, Inventory, Purchase Orders, Sales Orders and Quotes, Sales Analysis, and Bank Reconciliation. Upgradable to BS1 Enterprise with Manufacturing.
Sales orders may be optionally entered as quotes and printed for customer approval. When approved, the status is changed to On Order. Picking slips may be printed for the shipping department. Bills of lading may be printed to go with the shipments. Multiple shipments are allowed per order. Invoices are automatically created from the shipment data.
Scheduling of shipments, purchasing and manufacturing is facilitated by a report showing current inventory levels, sales orders and purchase orders.
Multi-currency features facilitate purchasing and selling internationally (import and export). The default selling price is automatically converted to the customer's currency. Payables and receivables are tracked separately for each currency and the GL automatically converts revenues and expenses to domestic currency. Gain or loss due to exchange rate fluctuations is tracked.
User-defined financial statements can be created through a simple set-up process. GL account totals and inventory totals can be viewed on screen with drill-down to original source transactions.
Sample data is provided and there is an optional Getting Started wizard to assist with entering initial live data. The wizard sets up common GL accounts which can later be changed, deleted, or added to.
Customization and Delphi source code available for several databases. Free edition has some features disabled: import and printing reports from the preview screen. (Invoices and purchase orders, etc. do print).