[
Naqood ... Reviews
](https://www.g2.com/products/naqood-free-accounting-software/reviews)

[
Naqood ... Reviews
](https://www.g2.com/products/naqood-free-accounting-software/reviews)

# Naqood - Free Accounting Software Features

##### 
## General Ledger (3)

Journal Entries

Increases user efficiency by auto-populating based on previously entered information. Schedules future entries. Allows Journal Entries to be uploaded from an external source.

Tags / Dimensions

Ability to tag all transaction in the general ledger with customizable dimensions, classes, categories, etc. These dimensions should be available on any transaction in any module in the system and available to be reported upon.

Audit Trail

Automates chronological tracking of transactions that have affected a specific operation, procedure, event or record

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##### 
## Accounts Receivable (3)

Invoice Customization

The layout of the invoice template is fully customizable and you can add or remove fields.

AR Automation

Automation helps the user be more efficient by populating default customer data, setting up systematic payments from clients and automatically matching customer receipts to outstanding transactions.

Collections Automation

The system automates the dunning process to help drive collections

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##### 
## Accounts Payable (1)

AP Automation

Steamlines data entry by auto populating recurring or predefined vendor values

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##### 
## Other Functionality (3)

Recognition Rules

Automates recognition of revenue and expenses by defining recognition rules.

Reconciliations

Transactions are imported from source systems and automated matching reconciles majority of transactions. Includes user flexible, user defined matching and grouping rules to help reduce the time needed to produce accurate reconciliations.

Payroll

Payroll module or integration to an external payroll provider which automates the recording of payroll

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##### 
## Reporting & Analytics (2)

Financial Statements

General reporting offered covers all of the standard financial statements and meets the basic needs of the business

Dashboards

An easy to read, often single page, real-time user interface, showing a graphical presentation of the current status and historical trends of an organization's Key Performance Indicators (KPIs) to enable instantaneous and informed decisions to be made at a glance

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##### 
## Platform (2)

User, Role, and Access Management

Grants access to select data, features, objects, etc. based on the users, user role, groups, etc.

Performance and Reliability

Software is consistently available (uptime) and allows users to complete tasks quickly because they are not waiting for the software to respond to an action they took.

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##### 
## Integration (2)

Data Import and Export Tools

Ability to input, modify and extract data from the application in bulk through a structured file.

Integration APIs

Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc with other software applications.

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##### 
## Cash Flow (3)

Track Cash Flow

Check cash on hand at the beginning of each month and view each day’s incoming and outgoing funds.

Income and Expenses

Add one-time or recurring cash flow items and add line items for each payment or deposit.

File Exports

Timesheets, projects, tasks, income or expenses can all easily be exported to pdf, xls or csv for simpel cash clow analysis.

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##### 
## Revenue (3)

Revenue Types

Supports multiple types of revenues, such as recurring and transaction based

Revenue Allocation

Allows users to allocate revenues to various business entities or departments

Scheduling

Automatic scheduling to ensure that revenue is recognized at the proper time

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##### 
## Payroll (3)

Direct Deposit

Automatically deposits paychecks into employees' bank accounts.

Tax Calculation

Calculates taxes due and may include resources or tools for federal and state tax compliance.

Reporting and Dashboards

Access pre-built and custom reports and dashboards to track payroll costs and for compliance purposes.

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##### 
## AI (5)

Data Extraction

Uses AI to automatically input data from receipts, invoices, and other documents

Invoice Processing

Uses AI to generates, send, and track invoices

Expense Management

Uses AI to categorize expenses, detect anomalies, and provide insights on spending patterns

Tax Compliance

Uses AI to assist in calculating taxes, ensuring compliance with changing tax regulations, and automate the preparation of tax returns

Bank Reconciliations

Uses AI to match transactions recorded in the accounting system with those in bank statements

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##### 
## Mobile Applications - Accounting (6)

Cloud Integration

Enables synchronization of accounting data across devices in real-time

Notifications

Send push notifications for important updates, such as due dates, invoice statuses, or tax deadlines

UI

Simplifies interfaces to be user-friendly and tailored for smaller screens, such as mobile phones and tables

Offline

Allows users to view and update certain data without an internet connection

Expense Tracking

Allows users to capture and upload expense receipts directly from mobile devices

Invoice Management

Enables creation, editing, and sending of invoices

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##### 
## Agentic AI - Accounting (1)

Autonomous Task Execution

Capability to perform complex tasks without constant human input

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##### Categories on G2

[
Accounting
](https://www.g2.com/categories/accounting)

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