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8.4

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AccountsIQ - Accounting Software

AccountsIQ Reviews in April 2025: User Ratings, Pros & Cons

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4.8

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AccountsIQ Reviews & Ratings

4.8

Excellent

Based on 36 ratings & 60 reviews

Rating Distribution

Excellent

(48)

Very Good

(8)

Good

(4)

Poor

(0)

Terible

(0)

Expert's Review

AccountsIQ has proven to be a versatile and efficient accounting solution that appeals to a wide range of businesses, particularly those managing multiple entities or requiring robust consolidation features. Users appreciate its user-friendly interface, intuitive navigation, and time-saving automation capabilities, such as invoice ingestion, bank reconciliation, ...Read more

AccountsIQ pros and cons

  • Automates repetitive tasks like VAT calculations, payroll, and invoice generation, enhancing efficiency.

  • User-friendly interface that is intuitive and easy to navigate, even for non-technical users.

  • Strong consolidation features for group companies, including multi-tier consolidations and intercompany postings.

  • Excellent reporting capabilities, with features like Excel integration and multi-dimensional analysis using BI codes.

  • Implementation and onboarding require training, which can be time-consuming for new users.

  • Some features, like bank reconciliation and report functions, occasionally experience glitches.

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Showing 41-50 out of 60

MM

Mark M

07/14/22

5 out of 5

"AccountsIQ has taken finance to the next level"

What do you like best about AccountsIQ? It is cloud-based, reliable, complex functionality but simple to use. There are plenty of opportunities to automate processes and control within the finance team. What do you dislike about AccountsIQ? There are limits on reporting across entities within the same group and challenging to allocate transactions in the balance sheet (apart from AP and AR, etc.). What problems is AccountsIQ solving and how is that benefiting you? We have delivered cost ...

Read more

AU

Anonymous User

06/21/22

4.5 out of 5

"It is very user friendly and easy to use"

What do you like best about AccountsIQ? Easy to navigate when looking for info on Purchases leger and bank recs. Good also that you can amend journals if you have made an error, also the reversing journals What do you dislike about AccountsIQ? When using the G/L Report audit report by BI in reports find it time to go thro all the pages to select G/L code, maybe a search button for the g/l codes What problems is AccountsIQ solving and how is that benefiting you? Info required is easier to ...

Read more

AU

Anonymous User

06/21/22

4.5 out of 5

"It is very user friendly and easy to use"

What do you like best about AccountsIQ? Easy to navigate when looking for info on Purchases leger and bank recs. Good also that you can amend journals if you have made an error, also the reversing journals What do you dislike about AccountsIQ? When using the G/L Report audit report by BI in reports find it time to go thro all the pages to select G/L code, maybe a search button for the g/l codes What problems is AccountsIQ solving and how is that benefiting you? Info required is easier to ...

Read more

AU

Anonymous User

06/18/22

3 out of 5

"Review of accounts IQ"

What do you like best about AccountsIQ? Friendly customer service which I am quite happy with What do you dislike about AccountsIQ? Some features that we were looking for when we started using the system, are not available, so we are going back to manual processes What problems is AccountsIQ solving and how is that benefiting you? Consolidation function, but we will like to see more and some things we have to raise a ticket for, which I think we can do ourselves like incorrect timesheets ...

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JJ

Joanna J

06/15/22

4.5 out of 5

"transparent, easy to use"

What do you like best about AccountsIQ? easy to find the information you are looking for What do you dislike about AccountsIQ? it is not possible to delete the transfer but not posted document Recommendations to others considering AccountsIQ: ease of use What problems is AccountsIQ solving and how is that benefiting you? possibility to preview the document

JJ

Joanna J

06/15/22

4.5 out of 5

"transparent, easy to use"

What do you like best about AccountsIQ? easy to find the information you are looking for What do you dislike about AccountsIQ? it is not possible to delete the transfer but not posted document Recommendations to others considering AccountsIQ: ease of use What problems is AccountsIQ solving and how is that benefiting you? possibility to preview the document

AU

Anonymous User

05/27/22

3.5 out of 5

"AIQ review"

What do you like best about AccountsIQ? In general very easy to use and useful for downloading reports. What do you dislike about AccountsIQ? Inability to edit details on invoices after they are posted What problems is AccountsIQ solving and how is that benefiting you? A useful tool for generating and storing company invoices and downloading reports

AU

Anonymous User

05/26/22

4 out of 5

"Easy to use accounting software"

What do you like best about AccountsIQ? -Excellent accounts payable module - which fully integrates and links to the GL -Intuitive and simple design - very easy to use and browse through balances & journals, someone familiar with generals could posting journals within 10 minutes of being introduced to it -Can incorporate data feeds from other systems What do you dislike about AccountsIQ? Some minor improvements could be made: -Prepayment module could be more customisable -Allow journal ...

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AU

Anonymous User

05/26/22

2.5 out of 5

"Just as many negatives as positives"

What do you like best about AccountsIQ? Useful for uploading documents to reduce filing and the bank reconciliation is helpful and much more efficient. What do you dislike about AccountsIQ? The process of uploading invoices takes much more time than the system previously used. Doesn't always read the scanned documents and has to be adjusted manually. What problems is AccountsIQ solving and how is that benefiting you? Payments are rarely missed now if they have been put onto the system using ...

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AU

Anonymous User

05/26/22

4 out of 5

"Very pleased with the reporting"

What do you like best about AccountsIQ? Very pleased with the reporting being able to edit / delete transactions What do you dislike about AccountsIQ? that you can import to a control account nominal What problems is AccountsIQ solving and how is that benefiting you? import journals and reversals of control accounts.