E-conomic functionality overview

Get an overview of the different functions in E-conomic

E-conomic contains General Ledger, Accounts Payable, Accounts Receivable and Sales modules.

The system is available in two versions, Small and Standard. The basic functions in Small and Standard are identical.

The only difference between them is a limit of to the number of transactions in Small (max 4,000 transactions per accounting year).

E-conomic provides you with many useful tools

General Ledger

  • Default setup with customisable charts of accounts for sole traders and companies
  • Import function for opening and historical entries
  • Unlimited number of day books, incl. recurring entries
  • Choice of base currency (£ Sterling is the default)
  • Multi-currency
  • Automatic updating of exchange rates
  • Automatic booking of exchange rate differences
  • VAT reporting (invoice based, cash accounting and fixed rate scheme)
  • Budgetting

Accounts Receivable and Invoicing

  • Unlimited number of customers
  • Unlimited number of products/services
  • Import function for creating/updating customer and products lists
  • Electronic invoicing
  • Invoice-to-payment matching
  • Templates for quotations, order confirmations, invoices, reminders, etc.
  • E-mail function for quotations, order confirmations, invoices, reminders, etc.
  • Customisable invoice templates

Accounts Payable

  • Unlimited number of suppliers
  • Import function for creating/updating supplier list
  • Invoice registration and invoice-to-payment matching
  • Multi-currency (daily updates from XE.com)

Reports

  • Trial balance and P&L reports
  • Financial ratio reports
  • Aged debtors analysis
  • Aged creditors analysis
  • Turnover statistics
  • VAT statement and analysis
  • Report Designer - bespoke reporting function

Other

  • User access control
  • Integration with other systems
  • Data import/export
  • Events log
  • Free access for accountant and external bookkeeper
  • User guides and free hotline service
  • Multiple users
  • Integration with MS Excel

E-conomic can be expanded as your company grows...

E-conomic's funcitionality can be further expanded through apps and add-on modules.

Related pages

Learn more about E-conomic's functions

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E-conomic Accounting System
Client-accountant collaboration in E-conomic
Accountant and external bookkeeper work in the same system
 
Easy to work with accountants and bookkeepers

In E-conomic, everyone works with the same data in the same accounting system.

Get started with E-conomic

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Users say:

As a newly established company, we need to focus on our business and the development of our services.

Anders Noerhaven, Clean Management Aps

The system is easy to use and access.

David Ruben Karpantschof, PortaPlay ApS

As a small company, it’s easy to get an overview of our accounts and to create reports.

Boeje Moustgaard, Teamovation

Read more comments from users of E-conomic.

E-conomic is secure
  • All data is encrypted using 128 bit SSL encryption.
  • Backups are taken every 15 minutes, 24/7.

Find out more about secure accounting with E-conomic.

Contact

E-conomic UK
Dukesbridge House
23 Duke Street
Reading
Berkshire RG1 4SA
United Kingdom
Tel.:
Fax:
Hotline:
E-mail:
08456-800-471
08456-800-472
08456-800-473
info@e-conomic.co.uk

E-conomic in brief

E-conomic is an online accounting system used by more than 48,000 companies and 4,100 accountants worldwide - from sole practitioners to large accounting firms. The system is flexible and easy to use, and you can give your accountant free access.