The first version was released in 2013 by Gem Software Solutions, based in Brisbane.
[1][2][3] Before its acquisition, Gem Accounts claimed its software offered several first in its space.
All versions contain the full feature set but were limited by transaction volume.
Key Features included: 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.
All the features of the main product but with a limit of 150 transactions and did not include access to the API, multi-company and consolidated reporting.