MTDsorted vs ReInvestWealth Comparison

84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

MTDsorted

Accounting Software

5 31 user ratings

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77% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

ReInvestWealth

Accounting Software

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Overview

Description

MTDsorted is an HMRC compliant accounting software that takes care of the digital tax process in a secure way. The tools are built for businesses that are looking for a new way of submitting their tax filings and returns. Users can see their submission history and add their purchases to automatically calculate their VAT return. It’s built on a secured framework with SSL enabled to give users the most secured experience. Users can use their existing software and create their VAT returns through the software. The tools provided can be used to track their sales and automatically generate tax returns. Quarterly self-assessment can be completed digitally with ease. Saving and editing returns can be done whenever needed. VAT returns can be submitted directly to HMRC without leaving the software. Users can keep using their existing software and MTDsorted as a digital link to HMRC free. Entire finance teams can be invited to the platform to make submitting tax easier. Read more

ReInvestWealth is transforming the way entrepreneurs manage their finances with its innovative AI-powered accounting software. This cutting-edge solution allows business owners to maximize tax deductions effortlessly, thanks to features like the Smart Shoebox and AI Bookkeeper. The Smart Shoebox auto-matches uploaded receipts with bank transactions, ensuring easy audit compliance. With 24/7 AI bookkeeping, users can link their Stripe accounts for seamless online invoicing and automatic reconciliation of payments, sales taxes, processing fees, and more. The software simplifies GST, HST, and QST e-filing to just three clicks. Entrepreneurs can identify and maximize tax-saving opportunities across all business transactions using the Tax Saving Detector. Unlimited connections to business bank accounts facilitate the automatic import of transactions, speeding up the bookkeeping process. Automation Formulas further streamline tasks, while users can track performance and receive advice based on cash flows. With these tools, ReInvestWealth empowers modern entrepreneurs to grow their businesses without being bogged down by bookkeeping complexities. Read more

Pricing Options

Free Trial Not Available
Offers Free-forever plan.

Free Trial Available
Starts at $9.0.

SW Score & Breakdown

84% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

97%
Reviews

72%
Momentum

62%
Popularity

66%

77% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

78%
Reviews

60%
Momentum

65%
Popularity

74%

Features

Total Features	15 Features	6 Features
Common Features for All	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. General Ledger Maintaining and recording all the accounting related transactions. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 12 More - Show Less	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. General Ledger Maintaining and recording all the accounting related transactions. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 3 More - Show Less

Technical Details

Organization Types Supported	Individuals Freelancers Large Enterprises Medium Business Small Business	Individuals Freelancers Large Enterprises Medium Business Small Business
Platforms Supported	SaaS/Web/Cloud	SaaS/Web/Cloud
Modes of Support	Online	Online

Reviews & Ratings

User Rating	5/5 31 user ratings	Not Available
Rating Distribution	Excellent 100% Very Good 0% Average 0% Poor 0% Terrible 0%	Not Available
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Pricing

Pricing Options	Free Trial Not Available Offers Free-forever plan.	Free Trial Available Starts at $9.0.
Pricing Plans Monthly Plans Annual Plans	Free Free Start Others Plus Others Pro Others Enterprise Others	ReInvestWealth $9.00 $9.00 per month
	View Detailed Pricing	View Detailed Pricing

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