Banana Accounting Reviews & Product Details

Banana Accounting is a and user-friendly accounting software designed to meet the needs of small businesses, non-profit organizations, and individuals. Its intuitive, spreadsheet-like interface simplifies financial management, making it accessible even to those with limited accounting experience. The software offers a comprehensive suite of features, including double-entry bookkeeping, multi-currency support, budgeting, VAT/GST management, invoicing, and financial reporting. Available across multiple platforms—Windows, Mac, Linux, and mobile devices—Banana Accounting provides flexibility and convenience for users. Key Features and Functionality: - Double-Entry Accounting: Ensures accurate financial records by recording each transaction in two accounts, maintaining balance and integrity. - Multi-Currency Support: Facilitates international transactions by allowing users to manage multiple currencies with real-time exchange rate tracking. - Budget Management: Enables users to create, monitor, and adjust budgets, aiding in effective financial planning and control. - VAT/GST Management: Simplifies tax calculations and reporting, ensuring compliance with local tax regulations. - Invoicing: Allows for the creation and customization of invoices, including the addition of QR codes, to streamline billing processes. - Financial Reporting: Generates detailed reports such as balance sheets, profit and loss statements, and cash flow statements, providing valuable insights into financial health. - Inventory Management: Offers tools to track and manage inventory levels, ensuring efficient stock control. - Fixed Assets Management: Assists in recording and depreciating fixed assets, maintaining accurate asset records. - Project Accounting: Supports tracking of financials for specific projects, aiding in project-based financial management. - Time Tracking: Includes features for recording and managing time spent on various tasks or projects. Primary Value and User Solutions: Banana Accounting addresses the common challenges faced by small businesses and individuals in managing their finances by offering an affordable, easy-to-use solution that doesn't compromise on functionality. Its familiar interface reduces the learning curve, allowing users to quickly adapt and efficiently handle their accounting tasks. The software's comprehensive features ensure that users can maintain accurate financial records, comply with tax regulations, and gain insightful financial reports, all of which are crucial for informed decision-making and business success. By providing a cost-effective alternative to more complex accounting systems, Banana Accounting empowers users to take control of their financial management with confidence.

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User Insights

Average based on 16 real user reviews.

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Siarhei K.

Head Bartender

Mid-Market (51-1000 emp.)

3/25/2025

"Banana accounting"

3.5/5

What do you like best about Banana Accounting?

Help business to make a right decision in business Review collected by and hosted on G2.com.

What do you dislike about Banana Accounting?

It's not a native UI design, I think it'll be better Review collected by and hosted on G2.com.

mahmoud a.

senior

Computer Software

Mid-Market (51-1000 emp.)

11/5/2023

"Simplify financial tasks"

5/5

What do you like best about Banana Accounting?

It has a user-friendly interface and intuitive features. It makes financial management tasks easier and more efficient, even for someone with limited accounting skills. The software allows me to effortlessly track expenses, create invoices, and create comprehensive reports. the ability to customize templates and the availability of multicurrency support is a huge advantage. Banana Accounting simplifies my financial records and helps me get organized. Review collected by and hosted on G2.com.

What do you dislike about Banana Accounting?

Poor integration with other applications, protection and security are not enough, the speed and performance of the application are modest Review collected by and hosted on G2.com.

What problems is Banana Accounting solving and how is that benefiting you?

solving a lot of problems with budget accounting. it simplifies businesses’ bookkeeping and accounting systems, making it easier to track revenue, expenses and overall financial health. banana accounts help prepare business financial reports, such as balance sheets, income statements, and cash flow statements. These reports provide valuable insight into the financial performance of a business, enabling better decision-making and strategic planning.It is offers more liquidity, making it suitable for businesses operating in international markets.

Banana Accounting solutions benefit users by streamlining budgeting, improving accuracy, and providing valuable financial insights. Ultimately, it saves time, improves efficiency, and helps individuals and businesses manage finances better. Review collected by and hosted on G2.com.

Gaurav S.

Operation Head

Food & Beverages

Small-Business (50 or fewer emp.)

12/5/2023

"very simple best in industry"

3.5/5

What do you like best about Banana Accounting?

When we have numerous currencies and tiers of entities, Banana Accounting comes in handy. It is beneficial to both large and small organizations alike. Given the several advantages it provides for accounting within the organization's modest budget, it is well worth the money. Because of the user-friendly design, we have a seamless working environment. Review collected by and hosted on G2.com.

What do you dislike about Banana Accounting?

The software called Banana Accounting doesn't actually have any drawbacks. A deficiency in web support could be a drawback, but it's not a grave circumstance. Review collected by and hosted on G2.com.

Nitin R.

Marketing Strategist

Information Technology and Services

Mid-Market (51-1000 emp.)

12/8/2023

"Frustrating for Financial Management"

1.5/5

What do you like best about Banana Accounting?

It has become a poor tool for my accounting and related tasks. The user interface is hectic making navigation and completing tasks difficult. It does not cater to businesses with operations. The available features are not helpful. Review collected by and hosted on G2.com.

What do you dislike about Banana Accounting?

The interface lacks user friendliness and is confusing for newcomers. The software lacks features required for accounting needs. It doesnt provide in depth reporting options making financial data analysis difficult. Review collected by and hosted on G2.com.

What problems is Banana Accounting solving and how is that benefiting you?

The customer support is slow and unresponsive which is quite frustrating when encountering issues. Banana Accounting falls short in providing an proper accounting solution. Banana Accounting is the bad for professionals, in the accounting industry. Its less user friendly interface and noncomprehensive features complicates tasks. Review collected by and hosted on G2.com.

Somya B.

Accounting Specialist

Enterprise (> 1000 emp.)

10/4/2023

"A Package for all your needs"

3.5/5

What do you like best about Banana Accounting?

Banana Accounting helps well when we have multi-currency and multiple levels entity. It helps us for the small organization as well as large-sized organization. It is value for money as this gives so many benefits for accounting in small budget for the organization. The interface is easy to understand which gives us the smooth working environment. Review collected by and hosted on G2.com.

What do you dislike about Banana Accounting?

This gives us the best interface anyone can dream of, but sometimes the audit trail provides incomplete information, which is a backbone for any accounting software. Review collected by and hosted on G2.com.

What problems is Banana Accounting solving and how is that benefiting you?

This software is very important for a company that has multiple level entities and multiple currencies. It gives us a clear picture of the accounting, and the procedure of accounting becomes smoother and easier for any fresher working person. The interface helps us to understand everything in just a little time, which saves time and effort for all the workforce. Review collected by and hosted on G2.com.

Aditi G.

Consulting Manager

Small-Business (50 or fewer emp.)

12/1/2023

"Complete Accounting Solution"

4.5/5

What do you like best about Banana Accounting?

It is a User-friendly Interface and easy to Use. Best thing is we can have Multi Currency and multientity with accruate financials both at top level and entity level. Along with these, we can also have trend analysis in banana accounting. It is easy to implement and also gets easily integrated with other systems. Review collected by and hosted on G2.com.

What do you dislike about Banana Accounting?

Nothing as such but the interface design and customer support can be better. Review collected by and hosted on G2.com.

Anjum T.

Account Manager

Small-Business (50 or fewer emp.)

12/17/2023

"Banana Accounting Review"

2.5/5

What do you like best about Banana Accounting?

User-friendly interface, flexibility and customization, comprehensive features, integration capabilities, and cost-effectiveness make it worth using software for day-to-day needs. Review collected by and hosted on G2.com.

What do you dislike about Banana Accounting?

At some points, this has integration challenges and customization while extracting reports sometimes requires extra effort. Overall, it's good to use. Review collected by and hosted on G2.com.

What problems is Banana Accounting solving and how is that benefiting you?

Banana Accounting solves manual data entry challenges, streamlines invoicing, automates expense tracking, ensures compliance, and enhances financial visibility. It addresses concerns related to data security, offers accessibility through the cloud, facilitates integration with other tools, and provides scalable solutions, benefiting users by saving time, reducing errors, and supporting efficient financial management. Review collected by and hosted on G2.com.

Erin E.

Accounts Receivable Manager

Small-Business (50 or fewer emp.)

11/30/2023

"Banana Accounting for the small business operating in excel, this is for you!"

5/5

What do you like best about Banana Accounting?

Import from excel! It's easy to read format. Offers all the financial reports a small business can use to grow and flourish having! This software is affordable and user friendly. The layout also lends itself to guiding you to learn more than you thought you needed! Review collected by and hosted on G2.com.

What do you dislike about Banana Accounting?

Maybe the design is a little outdated looking is all, but affordable so ok! Review collected by and hosted on G2.com.

Bhaumik P.

Product Lead

Small-Business (50 or fewer emp.)

12/3/2023

"Banana Plus review"

3.5/5

What do you like best about Banana Accounting?

Quickly prepare balance sheets and income statements. It was helpful for learning double-entry bookkeeping. Review collected by and hosted on G2.com.

What do you dislike about Banana Accounting?

While It is quite advanced when it comes to accounting domain, product and UX seemed quite basic. Review collected by and hosted on G2.com.

Verified User in Accounting

Small-Business (50 or fewer emp.)

3/4/2024

"One of the Easy to use accounting software"

4/5

What do you like best about Banana Accounting?

user-friendly interface, flexibility, and affordability, making it suitable for small businesses, freelancers, and non-profit organizations. Review collected by and hosted on G2.com.

What do you dislike about Banana Accounting?

It fails to offer a suitable accounting solution. In the accounting sector, banana accounting is terrible for professionals. Tasks are complicated by its noncomprehensive features and less user-friendly design. Review collected by and hosted on G2.com.