All healthy businesses require adequate management of payments and earnings and this burden is normally placed on the shoulders of accountants. Fortunately, the vast amount of company data can be recorded by means of digital tools and Profit One presents itself as just such an accountant's aid.
Specifically, the lightweight application can be employed to record payments to and from contractors, salaries given to employees, as well as money transfers within the company. Multiple tabs allow users to record various operations at the same time, although the interface could use a bit of refurbishing, especially by making tab titles more intuitive.
Writing off operations can also be recorded and accountants will also be pleasantly surprised to find out that fixed assets can also be defined and managed. Other items that can be processed include warehouses, products, as well as accounts and currencies.
Since data entry can take a lot of time, a good feature is the ability to define contractors once and use them recurrently, as the need arises. Groups can also be created, which is a good way of bundling together smaller firms belonging to the same company.
The application employs a database to store all the recorded information – a setup that ensures stability and protection against data corruption. However, since the program has a particularly harsh method of dealing with errors, users are well-recommended to save their work often, including by means of exporting to Excel documents, or printing to paper.
To sum up, Profit One is a lightweight tool for accountants affiliated with small-sized companies. It allows one to keep track of the most important payments or money transfers and shows good potential for future development.