Overview of Pandle
Pandle is a cloud-based bookkeeping and accounting software specifically designed for small businesses, particularly those in the UK. It offers a comprehensive and user-friendly platform to manage various aspects of business finances, making it an ideal solution for streamlining accounting processes.
Key Features
Banking and Financial Integration
Pandle allows users to seamlessly integrate their bank accounts and payment platforms, such as Stripe and PayPal, into the software. This integration enables automatic import of transactions, reducing the need for manual entry and minimizing errors. The system supports direct bank feeds, ensuring real-time updates of banking transactions.
Invoicing
The invoicing feature of Pandle is robust, allowing users to create, send, and track professional invoices. It includes options for customizing invoices with logos and branding, setting up recurring invoices, and sending payment reminders to customers.
Mileage Tracking
Pandle includes a mileage tracker that helps users accurately log business miles, which can then be converted into expenses for tax returns. This feature supports both automatic and manual trip entry, as well as storing vehicle information.
Reporting and Analytics
The software provides a range of reporting tools, including profit and loss statements, balance sheets, cash flow forecasting, and payables and receivables reports. These tools offer valuable insights into the financial health of the business, enabling more informed decision-making.
VAT Software
Pandle is compliant with Making Tax Digital (MTD) and allows users to calculate, complete, and submit VAT returns directly to HMRC. It also generates VAT reports and ensures accurate VAT submissions.
Collaboration
Pandle supports multi-user access, allowing businesses to add unlimited users with customizable permissions. This feature facilitates collaboration between employees, accountants, and other stakeholders.
Accounting and Bookkeeping
The software offers a wide array of accounting features, including multiple currency support, recurring transactions, bulk editing, transaction locking, and multi-company management. It also supports inventory tracking and receipt uploads, helping to keep all financial records organized.
Projects
Pandle allows users to manage the finances of specific projects, including tracking income and expenses, assigning tasks, and generating project reports. This feature is particularly useful for businesses handling multiple projects simultaneously.
Payroll
The payroll feature enables businesses to manage employee salaries, calculate tax deductions, and generate payslips. It also supports auto-enrolment for workplace pensions.
API and Integration
For developers, Pandle provides a comprehensive API with REST APIs, webhooks, and extensive documentation. This allows for the integration of Pandle’s functionality into other applications, enabling real-time notifications and data manipulation.
Additional Functionality
- Receipt Uploads: Users can upload receipts and attach them to transactions, ensuring all financial records are in one place.
- Customer and Supplier Management: Pandle offers improved processes for managing customers and suppliers, including credit limit warnings and easy import processes.
- Support: The software includes award-winning live chat support, along with FAQs, relevant articles, and guided tours to help users navigate the platform.
In summary, Pandle is a versatile and efficient cloud-based accounting software that simplifies financial management for small businesses. Its extensive range of features, from banking integration and invoicing to reporting and payroll management, makes it an excellent choice for businesses looking to streamline their accounting processes.