Smarty Accounting vs LumaTax Comparison

80% 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

Smarty Accounting

Accounting Software

4.9 11 user ratings

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71% 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

LumaTax

Accounting Software

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Overview

Description

Smarty is an Accounting Software used for managing finances such as invoices, expenses, cash flow, and inventory. Monitor your bank account and remind clients about overdue payments, minimizing the amount of accounting. Generate financial reports with a few clicks. Small businesses make use of the software. Read more

LumaTax has developed an economic nexus analysis tool that automates the complexity of analyzing transactions against varying state thresholds to determine whether nexus has been established in each taxing jurisdiction. Finally, an all-in-one solution to help you deliver SUT compliance to your clients profitably and at scale. Our industry-first client exposure survey generates a LumaTax Compliance Score for each business to help you quickly identify those most in need of SUT advisory services and - in the process - provides you with a picture of the corresponding revenue opportunities for your firm. Get a complete picture of each clients' nexus status across the U.S. with our Nexus Overview dashboard. Read more

Pricing Options

Free Trial Available
Starts at $13.19.

Free Trial Not Available
Offers Custom plan.

SW Score & Breakdown

80% 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

86%
Reviews

68%
Momentum

62%
Popularity

73%

71% 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

66%
Reviews

60%
Momentum

61%
Popularity

69%

Features

Total Features	10 Features	3 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. 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. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. Multi-Currency Enables payment and collection in multiple currencies. 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 Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 7 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. 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. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. Multi-Currency Enables payment and collection in multiple currencies. 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 Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time

Technical Details

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

Reviews & Ratings

User Rating	4.9/5 11 user ratings	Not Available
Rating Distribution	Excellent 90.9% Very Good 9.1% Average 0% Poor 0% Terrible 0%	Not Available
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Pricing

Pricing Options	Free Trial Available Starts at $13.19.	Free Trial Not Available Offers Custom plan.
Pricing Plans Monthly Plans Annual Plans	Basic $13.19 $13.19 per month Standard $26.37 $26.37 per month Professional $59.34 $59.34 per month	LumaTax Custom
	View Detailed Pricing	View Detailed Pricing

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