MultiLedger allows for various shipping carriers, but does not provide true shipping integration with any vendor. Sales tax calculations are easily maintained in the sales tax function, but only two tax rates can be applied per customer. MultiLedger does offer integration with Shopkeeper FMP, a third-party application that offers complete point-of-sale capability. Customer data can be easily exported to Microsoft Word for mass customer mailings. The customer management option also offers the ability to track detailed information about each customer, including email addresses. All reports, invoices and statements can be easily emailed directly from the report/invoice screen.
MultiLedger offers a solid inventory function with multiple pricing options for each product (up to three), as well as the ability to set reorder points for products. The inventory module supports average cost and last unit cost valuation. Assembly items can also be created from current inventory stock. The adjust inventory function allows users to adjust inventory levels up or down based on physical inventory results.
MultiLedger does not currently contain any notable e-features, nor does it offer remote access. While this may be a drawback for some small business owners, the lack of these features should not impact the majority of small service-related businesses looking for a solid on-premises accounting product.
MultiLedger offers a good range of reporting options, including detailed or summarized income statements. The financial snapshot report provides a solid reporting mechanism for reviewing vital company financial statistics. Reports can be run during any timeframe, up to 30 months, so easy comparisons can be made. All financial reports offer drilldown capability, and users can easily view and print reports as well as export reports as PDFs or text files, enabling them to be exported to Microsoft Word or Excel. MultiLedger also offers excellent user security, with the ability to assign user levels at the menu level. Management can choose to lock a specific month or months if they desire, disabling the ability to add or delete transactions from this timeframe.
MultiLedger offers full integration with its payroll product, as well some third-party applications designed to work directly with the program. Reports and data can be exported to Microsoft Word and Excel. MultiLedger’s import option provides a menu to select different fields for a customized import list.
The program offers an excellent Help system, with a detailed user manual in PDF as well as tutorials on different functions. CheckMark offers two prepaid support levels: Priority and Essential, with support minutes available ranging from 90 to 300 minutes. As-needed support is also available on a pay as you go basis. A product knowledgebase is also available where users can browse case histories and FAQs.
Executive Summary & Pricing
MultiLedger is a solid accounting system that contains all of the necessary features and functions that a small business needs. Solid system security, a good inventory system and multi-company support are bonus features found in this very affordable system. MultiLedger is priced at $399, which includes support for up to 10 system users; a complete accounting/payroll package is available for $548. While MultiLedger clearly does not contain all the bells and whistles found in some of the other financial products, users will find that what it does provide is an affordably priced, easy-to-use system that can accommodate multiple users.
2011 Overall Rating: