HostBooks
3.9
1
HostBooks is a cloud-based accounting software that aims to simplify accounting and compliance for professionals and business owners. It uses advanced technology and accounting expertise to streamline tasks such as receivables, payouts, inventories, and bank reconciliations, resulting in increased productivity and reduced operational costs.
Strengths
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Automation
Automated accounting processes
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Cloud-based
Accessible from anywhere with internet connection
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Affordable
Reasonable pricing for small businesses
Weaknesses
-
Limited features
Not suitable for complex accounting needs
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Limited integrations
Does not integrate with all popular business tools
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Limited customer support
Customer support only available during business hours
Opportunities
- Potential to add more features to attract larger businesses
- Potential to integrate with more popular business tools
- Opportunity to expand to other countries
Threats
- Competition from other cloud-based accounting software
- Potential security breaches and data loss
- Decreased demand due to economic recession
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HostBooks Plan
HostBooks offers a range of pricing plans starting at $19.99/month for basic features and up to $99.99/month for advanced features.
Grand
11
2-Users
Single-Sign-On dashboard
User access control mechanism
10GB free cloud storage
Dual dashboard - Admin Vs User
Multi country setup
Migration/Collaboration from other software
Organization setup
Tax setup
Quick menu setup
Purchase order
Purchase bill creation
Credit note/Debit note
Payable management
Sales quotations
Invoice creation
Credit note/Debit note
Receivable Management
Bank account with manual feed facility
AI-based reconciliation feature
Multiple payment and receipt mode with check facility
Automated expenses flow management
Maker/Checker facility
Contact creation (100)
Contact management
Import and Export of contacts
Inventory creation (trackable and non-trackable)
Inventory management
Fixed asset acquisition through purchase module
Asset type/group management
Manual depreciation management
Multiple depreciation rate management
Import/Export of fixed assets
Default tax settings
Multiple tax rates
Sales/Purchase reports
Accounts payable/Receivable management reports
Fixed assets management reports
Financial reports
Contact related reports
Day Book/General ledger
Supreme
23
5-Users
Single-Sign-On dashboard
User access control mechanism
10GB free cloud storage
Dual dashboard - Admin Vs User
Multi country setup
Migration/Collaboration from other software
Organization setup
Tax setup
Quick menu setup
Purchase order
Automated conversion of purchase order to bill
Purchase bill creation
Credit note/Debit note
Maker/Checker-Delete/Void facility
Payable management
Sales quotations
Automated conversion of sales quotation to invoice
Invoice creation
Maker/Checker-Delete/Void facility
Credit note/Debit note
Receivable Management
Bank account with manual feed facility
AI-based reconciliation feature
Multiple payment and receipt mode with check facility
Automated expenses flow management
Maker/Checker facility
Contact creation (500)
Contact management
Import and Export of contacts
Inventory creation (trackable and non-trackable)
Inventory management
Fixed asset acquisition through purchase module
Fixed asset conversion -CWIP, SIH, SIT to fixed asset
Asset type/group management
Manual depreciation management
Multiple depreciation rate management
Import/Export of fixed assets
Default tax settings
Multiple tax rates
Sales/Purchase reports
Accounts payable/Receivable management reports
Fixed assets management reports
Financial reports
Contact related reports
Day Book/General ledger
Ultimate
35
10-Users
Single-Sign-On dashboard
User access control mechanism
10GB free cloud storage
Dual dashboard - Admin Vs User
Multi country setup
Migration/Collaboration from other software
Organization setup
Tax setup
Quick menu setup
Purchase order
Automated conversion of purchase order to bill
Purchase bill creation
Automated recurring purchases bill creation
Credit note/Debit note
Maker/Checker-Delete/Void facility
Payable management
Sales quotations
Automated conversion of sales quotation to invoice
Invoice creation
Automated recurring invoice creation
Maker/Checker-Delete/Void facility
Credit note/Debit note
Receivable Management
Term discount feature for early payment
Bank account with auto feed facility
Bank account with manual feed facility
AI-based reconciliation feature
Multiple payment and receipt mode with check facility
Batch payment and receipt facility
Automated expenses flow management
Maker/Checker facility
Contact creation (Unlimited)
Employee creation
Contact management
Import and Export of contacts
Credit limit setup
Inventory creation (trackable and non-trackable)
Inventory valuation (FIFO, LIFO, Average)
Opening inventory option with auto posting and quantitative/value adjustments
Inventory management
Fixed asset acquisition through purchase module
Fixed asset conversion -CWIP, SIH, SIT to fixed asset
Asset type/group management
Auto calculation of depreciation based on periodicity
Manual depreciation management
Multiple depreciation rate management
Auto posting of depreciation in financial reports on computation
Asset sale/disposition management
Import/Export of fixed assets
Default tax settings
Multiple tax rates
Sales/Purchase reports
Accounts payable/Receivable management reports
Fixed assets management reports
Financial reports
Contact related reports
Day Book/General ledger
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