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We also go over how much Absolute costs, what features it offers and what other reviewers think about it.
Absolute User Reviews
Absolute Review Summary
0.0 out of 5 stars (based on 0 reviews)
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Key Absolute Information
Software Name: Absolute
Listed On HMRC Website As Being compatible with Making Tax Digital: In Development
Who can use this software: Businesses, Accountants, and Sole practitioners
HMRC Listed Features None
Platforms: Web-based and Desktop application
Click to visit the Absolute website
Absolute Reviews From Other Websites
- Trustpilot: No Rating out 5 based on No Reviews reviews.
- iPhone App Store: No Rating out of 5 based on No Reviews reviews.
- Android App Store: No Rating out of 5 based on No Reviews reviews.
Absolute Prices
How much does Absolute cost? Here is what they publish on their website:
Absolute Free Plan / Free Trial
- Offers A Free Plan? Yes
- Offers A Free Trial? Yes
- How Long Does The Free Trial Last? No
Paid Plan Costs
Here are the names for for the various plans Absolute offers and how much they cost per month:
- Absolute TopUp: £25.00
- Absolute Accounts: £430.00
- Absolute Bundle Professional: £1,200.00
Absolute Features
Absolute TopUp Features
- One program – multiple applications
- Simple “pay as you go” process
- Spread the cost or go unlimited
- Demo download
Absolute Accounts Features
- FRS102 and FRS105 compliant
- Fully XBRL and iXBRL compatible with Companies House and HMRC
- Financial accounts for Sole traders, Partnerships, Limited Companies (FRS105 and FRS102), LLP’s, Charities and a basic Rental template
- A range of data entry options using posting schedules
- Import trial balance from bookkeeping packages such as Quickbooks, Sage Line 50 and VT Transaction or import from Excel
- Adjustment journals automatically cascaded through the financial statements
- Format based system – global changes easily achieved using an easy to understand formatter
- Additional pages and notes automatically inserted
- Templates for Limited Companies include both full and abbreviated accounts under FRS102 and FRS105 and dormant financial statements
- Choice of no report, accountants report (CCAB wording), chartered accountants assurance report or audit report
- Accounts can be printed, exported as a pdf or saved as an ixbrl electronic file
- Easy to use – produces statutory financial statements in minutes
- Easy to use – file electronically with Companies House and HMRC in seconds including the ability to file online amended accounts
- Online client portal to allow for client digital signatures of approval
Absolute Bundle Professional Features
- FRS102 and FRS105 compliant
- Fully XBRL and iXBRL compatible with Companies House and HMRC
- Financial accounts for Sole traders, Partnerships, Limited Companies (FRS105 and FRS102), LLP’s, Charities and a basic Rental template
- A range of data entry options using posting schedules
- Import trial balance from bookkeeping packages such as Quickbooks, Sage Line 50 and VT Transaction or import from Excel
- Adjustment journals automatically cascaded through the financial statements
- Format based system – global changes easily achieved using an easy to understand formatter
- Additional pages and notes automatically inserted
- Templates for Limited Companies include both full and abbreviated accounts under FRS102 and FRS105 and dormant financial statements
- Choice of no report, accountants report (CCAB wording), chartered accountants assurance report or audit report
- Accounts can be printed, exported as a pdf or saved as an ixbrl electronic file
- Easy to use – produces statutory financial statements in minutes
- Easy to use – file electronically with Companies House and HMRC in seconds including the ability to file online amended accounts
- Online client portal to allow for client digital signatures of approval
Other Software Integrations
Not Listed
Popular Features List:
- Payroll Software Integration: Yes
- Track VAT: Yes
- VAT Filing: Yes
- Real-Time Financial Reports: Yes
- Prepare Self Assessment: Yes
- Income Tax Estimates: Yes
- Manage Income & Expenses: Yes
- Create Invoices: No
- Forecast Cash Flow: Yes
- Accept and Make Payments In Different Currencies: No
- Employee Time Tracking: No
- Projects: No
- Bank Feed Integration: No
- End of Year Filings: Yes
- Capture Bills And Receipts: Yes
- Bulk Reconcile Transactions: No
- Track Inventory & Stock Levels: No
Pros & Cons
The following pros and cons come from Trustpilot and other third-party review sites from around the web.
Pros
- Free plan
- FRS102 and FRS105 compliant
- Fully XBRL and iXBRL compatible with Companies House and HMRC
Cons
- Lack of reviews
- No app