Drake Accounting is a ground up rebuild of Drake Software's Accounting/Payroll application using the latest in computer technology.
Drake Accounting provides the ability to manage basic client financial records using standard accounting entries. A number of reports are provided including multi-column profit and loss reports, pre-posted reports, comparative or single column balance sheets, and payroll reports. The Payroll module allows federal 94x series forms, state wage forms, and W2 forms to be filed on paper and also electronically.
Use Drake Accounting to enter vendor invoices, and enter after-the-fact vendor invoice information for accounting purposes, or use the Accounts Payable or Check Writer to print vendor checks. You can also process and print 1099-MISC within the Payables module. These can be filed on paper and also electronically. Use the Accounts Receivable module to record and track customer invoices, shipments, payments, and balances.
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