10+ accounting software ERP admin most popular AI for enterprises

However, today's market there are a lot of software with the characteristics, costs, various features that organizations have difficulty in choosing.

The comparison table below to help businesses have a comprehensive view details about 11 ERP accounting software downloads from domestic to international, based on the criteria as actual features, the ability to integrate AI, pros, cons and cost of use. The same Lac Viet Computing find out detailed below:

Top 11 Phần mềm kế toán thông dụng tốt nhất cho doanh nghiệp Việt Nam :

1. Accounting software, LV‑DX Accounting (Vietnam)
2. Accounting software AccNet ERP
3. Accounting software CoDX for Business Accounting
4. Accounting software Effect Accounting
5. Accounting software Lemon3‑ERP (DIGINET)
6. Phần mềm MISA AMIS Kế Toán
7. Accounting software FAST Accounting Online
8. Accounting software Bravo 8 ERP
9. Accounting software ERP Odoo Accounting
10. Accounting software Sage Intacct
11. Accounting software Virtualizationreview

Software name	Feature management accounting	Integrated AI	Restrictions	Package reference price
LV‑DX Accounting (Vietnam)	General accounting, debts and assets Management accounting by cost center Report multi-dimensional error alert Link the budget, contracts, inventory, purchase Customizable business process, accounting	Yes (data analysis, alerts, false)	Need on-premise deployment, the cost of initial deployment is higher than cloud	Contact us Vietnam to be quote according to deployment needs
AccNet ERP	Accounting multi-segment system Auto account Cost accounting according to the department, the project Budgeting and collate real Report of management board according to the diagram design	Yes (data analysis, alerts, false)	The interface is traditional, time-learning to use long	From 30 million depending on scale business
CoDX for Business Accounting	General accounting, purchase, sales, public debt Budget management, contract Management accounting according to departments Integrated distribution system, browser details, estimates, reports, KPI financial	Yes (automation estimation hints for projector)	Focus on SMEs, yet flexible for large COMPANIES	From 600.000 vnd/month (according to package users)
Effect Accounting	Accounting, purchase, sales, inventory Fixed asset management Automatic up financial statements, management Can customize according to industry	Do not integrate AI	The lack of analytical tools improve, the old interface	From 3 million to 30 million/lifetime or by subscription
Lemon3‑ERP	Accounting multi-branch, multi-company Accounting for the price of the contract, project Accounting integration with CRM, sales, warehouse Cost management multidimensional	Has integrated AI clear	ERP implementation needs a lot of time, high cost	From 50 million or more, depending on custom request
AMIS Accounting (MISA)	Accounting automatically Debt management, inventory, assets Connect electronic banking, tax, bills Management reports in real time	There are (AI to detect unusual suggestions for lighting)	Interface sometimes slow when handling big data	From 1,000,000 vnd/year (for SMEs)
FAST Accounting Online	General accounting, purchase, sales, tax Accounting, budget, cost, price Connect banks, electronic invoicing Financial management according to the model internal accounting	There are (hint the account data check error)	Requires stable internet interface can be complicated for new people	From 2 million/year/basic package
Bravo 8 ERP	Management accounting according to the model of company Accounting price, budgets, contract Customizable interface according to user role Financial analysis, multi-dimensional	Has integrated AI clear	Fit large business, small BUSINESSES that hard to reach due to cost	Contact us for advice by scale of business
Odoo Accounting	Accounting multi-currency, multi-national Management, budgets, project cash flow Automatically reconcile bank statements admin Flexible expansion via modules, Odoo ERP	Yes (machine learning in predicting cash flow)	Requires internal IT if on-premise deployment	Free basic business from $25/user/month
Sage Intacct	Financial management in real time Report automatically according to KPI, dashboards Management accounting according to the departments, expense categories Standards, GAAP, IFRS	There are (AI, financial analysis, anomaly detection)	Does not support English, free copyright high	From $400/month depending on scale used
Virtualizationreview	General accounting, budget, price Connection system, hr management, inventory Real-time reporting Cost management according to product group	There are (hint the account, suggestions, data processing)	Advanced features are limited compared to large ERP	From 500,000 vnd/month

Hints group software according to the needs:

• Small and medium enterprises (SME): AMIS Accounting, FAST Online Effect, Virtualizationreview
• Manufacturing business or in need of ERP internal: Bravo 8 ERP, AccNet ERP, Lemon3-ERP, LV-DX Accounting
• Big business, multi-national or FDI: Sage Intacct, Odoo Accounting, CoDX
• Need software with integrated AI, smart analytics: LV-DX Accounting, Virtualizationreview, Sage Intacct, AMIS Accounting, CoDX, Odoo

1. Overview of accounting software, management, ERP business

1.1. Accounting software what is?

Accounting software is a system application technology to help businesses to track processing of business finance and accounting, such as: revenue and expenses, bills, debt, tax, financial statements. In simple words, accounting software is “assistant number” to help businesses replace the spreadsheet by intelligent systems, accurate, updated according to the legal provisions, the latest.

An example easy to understand: if the former accounting business have to enter data manually hundreds of bills each month into Excel, reconciliations, cash flow, balance the books, but now with the accounting software, the entire process can be automated and done in just a few clicks. The accounting system of modern management is also integrated with the system of electronic invoices, bank number, tax authorities to shorten the processing time, ensure transparency.

The product line such as accounting software, ERP administration also extended functional data analysis, decision support instead of just stopping in the accounting data. This is a significant shift from accounting record to the accounting strategic management in the digital age.

1.2. Difference between software and Excel in management accounting

Many small businesses today still use Excel to do the accounting for the familiar, and save the initial cost. However, Excel only suitable to handle single a volume of small data. When businesses expand, Excel, revealed many limitations:

Criteria	Excel tradition	Accounting system business
Data entry	Craft	Automatically from invoices, bank
The ability to control errors	Very low, easy to confuse recipe	Automatic check – error warning
Data management	Dispersion, lack of security	Focus security standards ISO
Report	Custom craft	Automatically set according to standard accounting
Integrate other systems	No	Connect with tax, electronics, software, ERP

2. Why business need to convert the number of accounting work?

• Convert numbers no longer is the trend that is the condition of survival for businesses to survive, compete in the business environment fluctuations.
• Processor speed increased 5-10 times: According to the report of the Ministry of information and Communications (MIC) in the year 2024, the application software to help enterprises shorten the duration of financial reporting from an average of 4 days to under 1 day. Time inventory of books, general bills to be shortened thanks to the ability to automatically collect, collate data.
• Minimize flaws legal risks: When doing manual accounting, sai a car, recipe, or enter the wrong tax code is enough to cause business is an administrative fine. Accounting software is updated automatically according to the accounting standards in Vietnam (VAS), connected with the system of electronic invoices and tax authorities from which minimize the risks of errors avoid the violation of the law should not be.
• Enhance transparency financial decisions effective: When data is stored centralized processing, transparency, leadership can view the finance report in real time in just a few minutes. The solution management accounting even integrated AI analysis, cash flow, thus helping the business forecast is financial situation and future planned spending, investment in a timely manner.
• Optimal hr, increase efficiency, reduce costs: A report from Vietnam Digital Transformation Report 2024, said the business using the software will save an average of 30-50% of the cost accounting personnel and nearly 70% of the time reporting periodic tax than making crafts. This figure is very remarkable, especially for businesses that are optimizing operating costs.

(Source: MIC, conversion reports, the national 2024 – https://dx.gov.vn)

3. The important features of ERP accounting software modern

In the context of business increasingly digitized works in finance, an accounting software modern is not merely the tool records, but also is the foundation of financial management comprehensive. Here are the key features that any business should consider when choosing.

3.1. Management and invoicing, accounting data automatically

One of the biggest differences between modern software and accounting methods is the ability to automate the process of data entry.

Instead of having to enter each invoice, stock from buy to sell, the software allows synchronization of data directly from the electronic invoice, sales system, the bank helps to lose up to 80% of the time input. With accounting software ERP integration throughout the system, data from the department such as sales, inventory, personnel will be transmitted on the accounting chamber, real-time information is accurate sync.

Core values that this feature brings:

• Minimize errors during data entry, collation public debt.
• To increase transparency, the ability to control transactions.
• Save time, especially in states financial reporting or tax settlement.

3.2. System, financial statements, tax smart

Accounting software business, modern not only supports the establishment of the financial statements required such as: balance sheet, reports business results, statements of cash flows... but also allows for custom report forms according to the specific needs of each industry.

Highlights:

• Automatic synthesis of calculation of the indicators according to the accounting standards in Vietnam (VAS).
• Direct connection with electronic tax systems as eTax, eInvoice, eLedger to declare and submit reports quickly and accurately.
• With some systems, management accounting, business can analysis report multi-dimensional as branches, departments, projects to make strategic decisions accordingly.

3.3. Decentralization, security, financial data closely

Financial data is “property of” survival of the business. Accounting solutions is the need to have a mechanism decentralized clear according to the user roles from accounting data entry, general accounting to financial management or director.

Authorized function not only helps to ensure security, but also to avoid the edit does not control or unauthorized access. In addition, the accounting software business is now often comes:

• Mechanism for backing up data automatically on a schedule option.
• Encryption of financial data according to ISO/IEC 27001 helps prevent risks from cyber attacks or data loss.

Practical benefits:

• Protect data integrity accounting, especially when the delivery personnel or independent audit.
• Increase confidence internal, when each employee only access the right information belonging to his powers.
• In accordance with the audit standards and special legal in the environment that requires financial transparency high.

3.4. Integrated AI technology hints allocation, financial analysis

In recent years, artificial intelligence (AI) has been integrated into many accounting software ERP admin opens the way completely new approach for the analysis of financial data.

Some typical applications of AI in the accounting system:

• Hint automatically allocating costs according to each group account, help accountants save time, limit errors in the account.
• Cash flow forecast based on historical revenue and expenditure, contracts are made.
• Warning of financial risks, for example when the cost exceeds the budget, or delinquent debt is not recovered.

Practical benefits:

• Improve the quality of financial decisions thanks to data analysis, multi-dimensional, not just emotional.
• Increased processing speed management report, in accordance with the requirements leadership in a competitive environment quickly.
• Reduction depends on individual capacity, standardized processes, forecasting evaluation financial performance.

A tool modern accounting is not merely the tool of recording transactions, which is a technology platform that helps business administration, finance, flexible, accurate, in-depth.

When choosing software, businesses need to consider integration capabilities, security, reporting, and especially features AI-assisted decisions. This is the foundation helps the accounting system business become your right hand in the digitization process of sustainable development.

4. Top 11 software, management accounting, ERP for enterprises most popular today

4.1 accounting software, LV‑DX Accounting (Vietnam)

LV‑DX Accounting navigate to digitize comprehensive for the enterprise. The software is built on the foundation of LV‑DX Platform, integrated AI clear in the process of financial – accounting is designed to fit both medium and large business.

Feature management accounting

• Data entry automatically from Excel, OCR, electronic invoice processing, handling the accounting profession in a click: recorder window, calculate the price of stock, depreciation, cost allocation, the transfer tax declaration 
• Management of public debt and budget details according to the customers, projects, orders; age calculator debt limit, categorize overdue debt, the exchange rate difference for IAS.
• Inventory management in multiple dimensions: barcode, QR codes, serial/lot, warehouse location and inventory finance – physics; export warehouse automatically according to term of use
• Report advanced admin: dashboard, BI, analysis, financial ratios 24/7, drill-down reports, customized reports according to the leadership level.

Integrated AI: LV‑DX integrate AI into multiple modules:

• AI OCR read & sort invoice automatically.
• AI proposed the account based on the transaction history.
• Analysis of irregular expenses, cash flow forecast, warning of financial risks, hint to balance the budget.

SIGN UP TO RECEIVE DEMO NOW

Đăng ký PM LV-DX Accounting

PositionBusiness ownerDirector/Deputy directorChief accountantPurchasing managerHead of ITHrHead of MarketingHead of businessProject managementStaffOther

Scale hrSiêu Nhỏ (<20)Nhỏ (<=100)Vừa (<=500)Lớn (<=3000)Very Large (>3000)

IndustryPublic servicesFinance/banking/insuranceConstruction/real estateOil and gas/waterEducation/trainingRetailFood/consumer goodsPharmaceutical/Medical/biotechnologyTextiles/garmentsProduction of heavy industry (mechanical engineering, cement, thẹp, mobile phone...)Paper manufacture/packagingOther manufacturingHigh-tech (IT, electronics)Consulting services/HR/accountingBeauty/spa/aestheticTransportation/warehousingCar/motorcycle/equipmentService residenceFood service/entertainmentOther commercial servicesOther

By clicking the button Send requestyou agreed with Privacy policy information of Vietnam.

Send request

See details, feature & get FREE Demo

Advantages

• User-friendly interface accessible to non-expert users about IT
• Deployment flexibility: cloud/on‑premise to suit any scale.
• AI is integrated clear, help automate accounting and decision support.

Restrictions

• Some modules also are expanding; users need time to get acquainted with the AI feature.
• Ability AI hasn deep by the international foundation specializes in analysis as large as Bizzi or Bravo

Board package reference price

Service pack	Object use	Reference price
Basic package Cloud	Small business accounting services	~2.000.000 VND/year (AI the account basic)
Business package	Enterprise medium – large	~5.500.000 VND/year (advanced reports, BI)
Package according to industry	Manufacturing, construction	Quotes according to your needs, can add custom module)

4.2. Accounting software AccNet ERP

AccNet ERP is accounting software, ERP for enterprise branch comprehensive from Vietnam, focusing on financial management and accounting in conjunction with the distribution system such as purchase, sales, inventory, manufacturing, human resources. Developed since 1996, the software is deployed extensively in Vietnam for more than 10,000 small and medium sized businesses.

Feature management accounting

• Multi-company, multi branch, multi-currency, support both standards, VAS & IAS 
• Automatic accounting: from data entry, invoice input, calculate the price of stock (FIFO/LIFO), depreciation of assets, transfer the final allocation of costs to the tax declaration
• Calculate the price of multi-level: details, by stage, raw materials, allocation of depreciation, the price for the product complex or recycling
• Management reports and financial in real time: support drill-down, dashboard, BI, profit reports by department/project, aggregate, window & financial statements statutory

Integrated AI: Is AccNet ERP support recognition bill through OCR, automation, accounting. Capabilities AI-depth as financial analysis, cash flow projections are developed more.

Advantages	Restrictions
Eco-system ERP integrated, comprehensive business suit commissioning of the complex. Deep customization by industry: production, trade, service, distribution chain. The ability to sync data, stock control, budgeting and reporting, multi-dimensional is strong.	Cost of initial deployment, high demand training period long. Need parts IT has the capacity to operate and maintain the system.

Table package market price

Package / Form use	Deployment types	Reference price
Cloud (subscription)	On cloud platform	5 – 10 million VND/month (range from 60 to 120 million/year)
On‑premise (bought the rights)	Internal server	From 80 million VND, depending on the number of modules, the user

4.3. Accounting software CoDX for Business Accounting

CoDX for Business Accounting is accounting software financial ecosystem conversion of CoDX, navigate to business Vietnam with admin features comprehensive cost from accounting to sales, inventory, property, budget. Systems operating under the SaaS allows a free trial upon registration.

Feature management accounting

• Automatically connect data from electronic invoices, orders, software sales, inventory, and personnel to make statements that do not need to enter data manually
• Cost management, budget, public debt, fixed assets throughout; track spending by project, department, contract
• Dashboard financial leadership, reports, KPIS, alerts, costs, profit margin in real time

Integrated AI: Is CoDX has automated data connection, support, recognition, voucher automatically; however, he has not announced AI analyze financial depth, but have dealt with smart alerts, unusual, support adjust the data quickly.

Advantages

• The interface is easy to use, does not require much knowledge of IT.
• Deployment costs reasonable, pay per month, can package free trial.
• Flexible system, in accordance with business SME want to innovate quickly.

Restrictions

• Ability to handle large volumes of data, complex reports was limited.
• WHO's still in the preliminary't have analyst forecasts, deep.

Board package reference price

Model use	Taking charge	Reference prices
SaaS according to user role	According to the number of user & rental period	Basic package about 1-3 million VND/month, advanced package of about 3-5 million/month purchase module
Package custom enterprise	According to the number of subsystems and integration requirements	Quote separately according to the survey business

4.4. Accounting software Effect Accounting

Effect is the accounting system developed from the year 2000 by the company, EFFECT, serving small and medium enterprises (SMEs). With more than 3,000 customers to use, the software includes many lines as Small EFFECT, Standard, Standard2+, the customized version according to own needs.

Integrated system of up to 24 modules of accounting and administration, supporting both on‑premise and cloud easy to customize by industry (publishing, construction, services,...)

Feature management accounting

• Auto record, collate data, and general financial reporting standards, VAS, such as: the balance sheet reports the results of operations, business cash flow....
• Manage the details of income and expenditure, public debt, budget. Track balances, term debt, payment reminders automatically
• Connect electronic invoicing, banking, ERP, CRM, HRM, digital signature
• Allows manipulation “admin swept – back” news from the synthesis report can view the detail accounting related

Integrated AI

• Effect of integrated features AI-assisted analysis of financial statements: warning deviations between the cost – revenue – profit, suggested adjustments and end of the period and the forecast financial trends based on historical data.
• Dashboard automatically create a chart comparing the year – to-year – industry similar help leaders to approach data visualization.

Advantages

• Interface in English, easy to use, suitable personnel internal accounting no in-depth technical.
• Our team of technical support in-depth, regularly updated according to regulatory accounting – tax.
• Have the ability to customize high by industry, business model fit both a standard package and customized according to the requirements

Restrictions

• Some interface subsystem hasn modern, yet support open multiple tabs at the same time lead to manipulation slow when working multi window.
• Some of the lists of tax total lack of traceability back to the original documents is limited, causing difficult-to-control input.

Table package market price

Package / product Line	Right scale	Reference price
Small EFFECT	DN nhỏ (<400 bút toán/tháng)	Free / low price
EFFECT Standard / Standard2	SMEs	The equivalent price competition, to contact the quotation separately
EFFECT Customize (ERP)	DN medium/large need customization	The upgrade price flexibility, quotes according to the project

4.5. Accounting software Lemon3‑ERP (DIGINET)

Lemon3‑ERP (from Diginet) is accounting software, ERP for enterprise branch comprehensive launched since 1999, serving most parts business from trading, supply, production to finance, hr and project management. Have deployed to almost 900 businesses in Vietnam in many sectors (manufacturing, services, real estate, etc.).

Feature management accounting

• Processing financial: debt, expenditure, budget, fixed assets, allocate depreciation, disposal gain/loss, cash flow, loan capital.
• Management accounting branch, ERP system support data integration between the parts: sales, warehouse, manufacturing, HR, BI report.
• Provide analysis, project management, information management report, consolidated financial.

Integrated AI: Currently, there is no specific information about integrating AI intensive. Lemon3 focus on ERP tradition with scalable, highly customizable, yet thrive on AI, automation, financial analysis such as analysis of deviations or forecast.

Advantages

• System module in-depth, modularization clear to meet every business enterprise.
• Fit the medium and large enterprises need comprehensive management.
• Ability to customize high, in accordance with the process peculiar to each industry.

Restrictions

• Cost to deploy, maintain relatively high, suitable businesses have budgets big investment.
• Set up, training, transformation initially takes time.
• No AI has yet integrated to support analysis financial forecasting.

Table package market price

Form deployment	Range	Reference price
On‑premise enterprise resource planning (ERP full)	DN medium/large	From 200 to 400 million VND/project, dependent module & number of users
Cloud / SaaS	DN small to medium	Quote separately according to the needs integration & user

4.6. MISA AMIS Accounting

MISA AMIS is accounting software ecosystem AMIS of jsc MISA, highlights with the ability to integrate a comprehensive range of professional financial management and accounting in the environment of cloud computing. This is the right solution for small and medium enterprises, in particular the units want to standardize processes accounting – finance without too much investment into infrastructure.

Feature management accounting highlights:

• Finance management master: automatic synthesis report, financial report, balance sheet, profit and loss statement, cash flow.
• Track expenses by object management: analysis of expenses by department, project, code, order, contract, works.
• Budgeting – control beyond the level: set the budget for each department, alerts when the cost exceeds the threshold.
• Profitability analysis: According to items, customers, market area.
• Synchronize accounting data with electronic invoicing, electronic banking, hr software.

Integrated AI:

• Integrated AI recognition bill electronic, automatic error checking errors on the voucher.
• AI hint accounting automatically from input data and processing history of accountant.

Advantages:

• Easy to use, consistent with the non-intensive technology.
• Allows remote access, flexible working, via mobile app or browser.
• Built-in multi-system expansion as sales management, human resources, job.
• Be updated timely in accordance with the accounting law in Vietnam.

Restrictions:

• Not suitable for the large business can model complex organization, multi-national.
• Customizable management reports as required particular business are limited.

Package reference price:

Service pack	Main features	Market price
Basic package	Financial accounting, warehouse, sales	From 1.690.000 VND/year
Advanced package	Management accounting, budgets, integrated AI	3.990.000 – 9.900.000 VND/year

Source: amis.misa.vn

4.7. Accounting software FAST Accounting Online

FAST Accounting is Online accounting software online support for business multi-branch company FAST development, geared to the small and medium enterprises are in need of flexible solutions, can use anytime and anywhere without the need for infrastructure complex settings. Data is stored on the Cloud platform, easy to expand as your business grows.

Feature management accounting highlights:

• Track costs under the project contract.
• Analysis of variances to budget, food expenditure, warning when beyond the norm.
• Report of management board, multi-dimensional according to departments, cost centers, time.
• Cash flow analysis for the period, customer group, product group.
• Integrated services links between purchase – warehouse – public debt.

Integrated AI:

• Is not currently integrated AI comprehensive.
• There is support for extensions, semi-automatic: hints the account based on history, risk warning: financial book.

Advantages:

• Easy to use interface, suitable for users accustomed to Excel.
• Anywhere access data storage security in the Cloud.
• There are many optional versions to scale the business.
• Good technical support, user training details.

Restrictions:

• Report function custom admin is still limited to non-technical.
• A number of analysis features advanced financial need to buy more expansion packs.

Package reference price:

Service pack	Main features	Market price
Starter Pack	Basic accounting: the books, vouchers, financial statements	From 1.980.000 VND/year
Pro Package	Management accounting, advanced reporting, project tracking	From 5.500.000 VND/year

Source: fast.com.vn

4.8. Accounting software Bravo 8 ERP

Bravo is an ERP solution comprehensive analysis of financial accounting – management accounting developed in-depth. Bravo 8 in accordance with the medium and large business in the field of manufacturing, construction, trade and service, which requires a customized process peculiarities. Bravo deployed primarily by the method of on-premise data operating in server infrastructure of business.

Feature management accounting highlights:

• Integration between accounting and other modules: sales, production, personnel, fixed assets.
• Set model cost management, multi-level, multi-dimensional by department, product, area.
• Forecast cash flow analysis, arbitrage plan – fact.
• Budget management – approved, multi-tier, control life cycle costs.
• Customizable management reports according to the requirements of each level of management.

Integrated AI:

• AI is being integrated gradually into the system to serve big data analysis, cash flow forecast, warning of financial risks.
• Phase current primarily in the automation handle the data flow.

Advantages:

• Highly customizable system, deploy individually according to the industry and process characteristics.
• Support full functional management comprehensive enterprise, not only own accounting.
• High security thanks to deploy at internal server.
• In accordance with the business need to finance management according to international standards (IFRS, KPIs).

Restrictions:

• Deployment time length: 2-6 months depending on the scale.
• High cost due to design according to the requirements of each unit.

Package reference price:

Service pack	Scope of deployment	Reference price
Standard package	Modules such as accounting, warehouse, sales, property	From 200 million VNĐ
Expansion pack	Add subsystem production, personnel, budget	300-500 million VND

Source: bravo.com.vn

4.9. Accounting software ERP Odoo Accounting

Odoo is platform open source ERP today's most prominent, with more than 7 million users worldwide. Odoo Accounting is one of the subsystem core, which allows comprehensive management of the accounting profession, synchronized closely with system sales, purchasing, logistics and CRM.

Feature management accounting highlights:

• Automatic recognition accounting when transactions from the distribution system related (sales, purchases, warehouse).
• Track expenses, profit, project by project, department, channel sales.
• Cash flow management, budget, public debt in real time.
• Financial reporting customizable: synthesis report – details according to the organization tree.
• Allow to set the diagram accounts according to international standards (IFRS), the multi-national.

Integrated AI: Odoo integrated AI into features such as:

• Automatic handling, sorting bills (OCR).
• Reconcile invoices with stock from buy – sell automatically.
• Hint accounting, analysis, fluctuations in the cost.

Advantages:

• Open source, flexible, extensible and customizable.
• Ecosystem full for business transformation number overall.
• Support multi-language, multi-currency, fit global business.

Restrictions:

• Not available standard accounting Vietnam need to configure localization.
• Need IT team to deploy or use the service partner.

Package market price:

Package	Description	Reference price
Odoo Online (Cloud)	Standard package use online	From $24/user/month (~600,000 VND)
Odoo Enterprise	Customized as demand	Quote private
Deployed by partners in Vietnam	Have localization Vietnamese accounting	From 40-150 million VND (one-time)

Source: odoo.com

4.10. Accounting software Sage Intacct

Sage Intacct is software management accounting on the cloud platform (Cloud ERP), designed specifically for organizations wishing to report according to the standard GAAP and IFRS. This is the ideal solution for enterprises with foreign investment, company, multi branch, or startups scale-up.

Feature management accounting highlights:

• Cost management – profit as cost centers, product lines, customers.
• Automate budgeting, forecasting, cash flow, budget control.
• Integrated management of fixed assets, depreciation, VAT international.
• Support consolidated financial statements for the parent company – subsidiary company.
• Manage multi-company, multi-currency with the exchange rate automatically.

Integrated AI:

• Cash flow analysis and suggestions fiscal adjustment according to actual data.
• Anomaly detection in spending or receipts (AI-based anomaly detection).
• Smart assistant hint financial decisions according to the KPI set available.

Advantages:

• Standardized case requires international audit.
• Easy integration with tools like Salesforce, ADP, Bill.com.
• Maximum automation of accounting process complex.

Restrictions:

• There is no interface in English.
• Not yet optimized for the specified accounting Vietnam (Circular 200/133).
• High investment costs.

Package market price:

Package	Description	Reference price
Standard package	For medium-sized businesses	From a $15,000/year (~375 million VND)
Expansion pack	Add module & API	From $30,000 to$50.000/year
Custom deployment	Purchase peculiarities industry	Quote private

Source: sageintacct.com

4.11. Accounting software Virtualizationreview

Virtualizationreview is a platform accounting software on the cloud platform of team development in Vietnam. Targeted at small and medium business, startup, Virtualizationreview provide solutions digitized simple but effective, easy to deploy in accordance with accounting standards in Vietnam.

Feature management accounting highlights:

• Recorded cost reporting, project by project, room board.
• Track budget – - food expenditure, warning exceeding the budget.
• Calculate the price of products according to order or norms.
• Financial planning, management reports, detailed for managers.
• Manage receivables and payable according to the payment term.

Integrated AI (developing):

• Analysis of financial volatility alerts abnormal.
• Hint accounted for fast transaction history.
• Support internal audit through analysis of big data.

Advantages:

• Interface in English, easy to approach.
• Low cost, rapid deployment, no need to install.
• Integration with electronic invoicing, sales software localization.

Restrictions:

• The ability to expand limited to big business, have many subsidiaries.
• Yet have the full in-depth features like analysis, IFRS, consolidated report.

Package market price:

Package	Description	Reference price
Package Startup	Under 10 users	1,500,000 VND/year
Standard package	Full accounting module	4.900.000 VND/year
Expansion pack	Integrate API, CRM	9.900.000 VND/year

Source: virtualizationreview.vn

5. The criteria for selecting the right accounting software for business

A software mismatch can cause wasted budget, interrupted operation, even affect financial transparency. So, the business should be based on the following criteria to make a choice properly aligned with the goals of growth, and the ability to operate the practice.

5.1. In accordance with the scale model accounting of business

No software to “default, good for every business”. Each scale model works are required separately on data processing, management, cash flow or financial reporting.

For small and medium enterprises (SMEs):

• Should priority selection system, business accounting simple, easy to use, has friendly interface, deployment costs reasonable.
• Shape deploy cloud-based (cloud-based) is optimal because of the cost savings in infrastructure, no need to invest in internal server. The data is stored, automatic backup can access anytime, anywhere.

For big business, a multi-branch corporations:

• Need a system that has the ability to customize the depth, support, reporting administrator, multi-dimensional, budget management according to the project, according to the regions and departments.
• Meanwhile, software solutions, ERP accounting administration will be more suitable by can integrate the entire process accounting – finance – purchasing – production – personnel in a single platform.

5.2. Ecosystem support, and the ability to integrate

An accounting system is not able to operate independently. It needs to be in an ecosystem integrated with management tools such as:

• ERP software overall, where accounting is a part of the supply chain – production – inventory – sales.
• Hr software, especially if the business wants to payroll, insurance quote or allocate personnel costs by departments.
• Connection port banks, lets take data bank transactions automatically instead of having to enter manually.
• Gate electronic tax to the declaration, sent directly to the tax authorities.

Therefore, when choosing software, businesses need to clearly define: the software has integration capabilities not? Have open API or not? Support import data easily?

Values bring:

• Speed up the processing process financial – accounting reduce the repeated actions in many systems.
• Avoid data discrepancies between departments to ensure accurate sync.
• Increase scalability, especially when business plan growth or investment comprehensive ERP system in the future.

5.3. Service, support, training, software updates

A software, whether good, to where, if it is not manual full, with no team support after deployment, it can still cause a waste of resources and failure in implementation.

Businesses need to consider:

• Supply unit has committed to training users? The online course material, tutorial videos available, accessible or not?
• Have technical team ready to assist troubleshooting or not? Especially in the period of settlement or financial reporting.
• Ability to update software when there are changes in tax policies, accounting standards is very important. A software is not updated will make business easy in violation of regulations that don't know.

Choosing the right accounting system that not only help businesses effectively manage the books, but also create a platform to enhance financial capacity, cash flow projections, and support strategic decisions. From small businesses are looking for solutions management accounting simple to corporations are in need of deploying ERP accounting software fully-integrated, then the three criteria include: suit model – integrated flexible – solid support is a guideline not to be missed.

6. How to implement the accounting system, internal management success

Triển khai một phần mềm kế toán không chỉ là cài đặt hệ thống mới. Đây là một quá trình thay đổi toàn diện từ dữ liệu, quy trình cho đến con người. Kinh nghiệm thực tế cho thấy các dự án triển khai phần mềm đều có tỷ lệ thất bại khá cao nếu thiếu chuẩn bị.

Here are 6 important steps to successful implementations, helping companies optimize their investment and exploitation totally worth the fact that software brings.

Step 1. Preparing accounting data, current (backup, clean)

The first step the most important key is to ensure input data must be clean, fully consistent. A accounting software whether modern where also not work if the original data is skewed. So, the accounting team needs:

• Revise the entire book, vouchers, accounts accounting are used.
• Remove duplicate data, clean the customer code, code consulting, code account.
• Standardize the category: the category of accounts, inventory, supplier, customer, product.
• Backup all your old data to ensure safety when switching.

The prepared data to help businesses avoid risk of false reports after the transition to the new system.

Step 2. Construction project teams internal (accounting + IT + management)

Implementing accounting software project is related departments, not separate tasks of the accounting department.

A team project standards usually include:

• Representative accounting (who understand business processes, in fact).
• Represents IT (in charge of system security, intranet).
• Leader representative (approved progress, solve problems).
• The software provider (implementation, training, technical support).

This helps ensure the accuracy of the profession, the feasibility of technique, the commitment of leadership. When the party coordination, implementation will be more apparent risk reduction “plan”.

Step 3. Test (Pilot) before deploying the entire

Pilot is step realistic simulation, but at a small scale to ensure the system meets the needs.

In this stage, the business should:

• Test run the business as important as accounting vouchers, debt management, financial reporting.
• Verify the accuracy of the data output.
• Check the speed, accessibility, stability of the system.
• Recorded the error incurred to a provider adjustment before deploying wide area.

This helps businesses to avoid large errors when the official commissioning.

Step 4. Guide training staff to use software

A software project failures are often not due to the technology that user do not understand or are not familiar with how to operate. Therefore, training should be considered mandatory step.

Training procedures should include:

• Training according to the role: general accounting, inventory accounting, sales accounting, tax accounting.
• Provide documentation, video manipulation, the standard process internal.
• Practical training with certification from real-life instead of theoretical description.
• There are channels live support to answer when a mistake.

Research by Deloitte chỉ ra rằng 70% giá trị của một dự án triển khai phần mềm đến từ việc đào tạo, tối ưu quy trình, thay vì bản thân phần mềm

Step 5. The set up process control, approval, and reporting

After the software has operated businesses that need standardized processes to ensure data is entered correctly, consistently.

A good process typically includes:

• Clearly define the role and powers of each user in the system.
• Mechanism of internal control: one set of vouchers, one browser, one record window.
• Standardized placing code catalog by notes, how to store stock from.
• Scheduling for control by week, month to detect deviations early.

When control of a good business will minimize errors, improve the reliability of financial reporting – which accounting software helps make faster more accurate than manual processing.

Step 6. Monitoring and evaluation effective after deployment

After 1 – 3 months of operation, the business should re-evaluate the effectiveness of software based on the KPI clear.

A number of KPI downloads:

• Processing time discount vouchers, how many percent.
• The percentage of errors decreased as how compared to before.
• Duration financial reporting last month shortened much.
• Reduced operating cost: papers, personnel, time, coordinate internal.
• The level of satisfaction of internal users.

7. The note when implementing accounting system, ERP management first

The deployment of the software not simply buy the rights and system settings. Software to develop really effective, businesses need to prepare thoroughly in the many stitches. Here are the important notes to help successfully implement right from the start.

7.1. Prepare input data full transparency

Accounting data before putting into the software should be reviewing standardized:

• Clear classification, account, accounting, customer code, commodity code, the item cost.
• Collate public debt, inventory, cash funds ensure correct before creating the new system.

If you skip this step, software, though modern where also will handle the background data is false, causing serious consequences for the report later.

7.2. Training the internal build process operation

One of the reasons that the accounting software is not as effective as it is lack of training and the unified process use.

Businesses should:

• Organization basic course, advanced for accountants, especially those not familiar with the software.
• Assign specific roles: One input? Who checks? Ai synthesis approval report?
• Material chemical handling procedures to maintain consistency when personnel changes.

7.3. Choose the appropriate software right from the start

Don't just choose the software for low-cost or according to the introduction. Please review carefully:

• Software that can match the scale and industry of the business?
• Has the ability to expand later if business development?
• Has integrated support if the business wants to upgrade to ERP accounting software?

7.4. Periodic review effective deployment

After 3-6 months of operation, the business should assess:

• The software can actually help reduce processing time business, no?
• Financial data are sufficiently accurate than before?
• Workflow between departments can be more optimal than not?

The periodic review will help businesses and timely adjust, re-training or additional features, if needed.

Software financial accounting if selected properly implemented will be one of the tools to bring sustainable value for business. From optimizing resources, increasing the processor speed to ensure compliance with legal support long-term strategy, accounting system, ERP is “assistant finance number” that any modern business would also need to own.

The investment in an accounting software, management, modern, especially the system has the ability to integrate AI, not merely to change work tools, but also the steps metabolism methods of financial management in a strategic way. Depending on the size, industry and budget, businesses should carefully consider between the solution as LV-DX Accounting, AccNet ERP or the international software such as Sage Intacct, Odoo Accounting. Hopefully comparison will be reference sources useful to the organization to make decisions right choice to ensure long-term performance in the financial – accounting business management.

CONTACT INFORMATION:

• Lac Viet Computing Corporation
• Hotline: 0901 555 063 | (+84.28) 3842 3333
• Email: info@lacviet.vn – Website: https://lacviet.vn
• Headquarters: 23 Nguyen Thi Huynh, P. 8, Q. Phu Nhuan, Ho Chi Minh city