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Gem Accounts is a range of cloud based business and accounting software, first released in May 2013 by Gem Software Solutions Pty Ltd from Brisbane, Australia. The software is available in a free version and is also sold on a SaaS model which includes a try-before-you-buy period.
Gem Accounts claims its software offers a number of first in its space. Gems data export and backup facilities are one of the first in cloud based products - allowing the user to do a full export of their data set in a number of open formats. Gem's multi-language configuration options is also seen as a first in this sort of software. Gem Accounts is also the first cloud accounting company to join the "Free Our Data" initiative.
- December 2013 - document storage included in all plans
- December 2013 - free version launched
- November 2013 - smb version launched
- November 2013 - major upgrade to version 2 released
- October 2013 - major share of company acquired by simPRO Software
- May 2013 - full release
- January 2013 - beta release
Gem Accounts is available in three different versions. All versions contain the full feature set however are limited by transaction volume. Key Features include: General Ledger, Accounts Receivable, Accounts Payable, Double-entry System, Multi-user, Multi-currency, Multi-language, Inventory Control, Service and Project Tracking & Billing, Payroll, Data and Backup Exports.
Free version - released in December 2013 - is designed for the micro and small business market. All the features of the main product but with a limit of 150 transactions and does not include access to the API, multi-company and consolidated reporting.
SME version - released in November 2013 - is designed for the SME market and contains all the MME features but has a 1500 transaction limit.
MME version - released in May 2013 is the full featured product with no transaction or other limitations.