FAST Accounting
FAST Accounting is a Vietnamese enterprise financial accounting software with over 25 years of development — distinguished by in-depth financial analysis modules, customisable management reporting, and e-invoice integration. Suited to mid-sized and large enterprises with a professional accounting team.
Overview
FAST Accounting is a financial accounting software developed by FAST Software Joint Stock Company (Vietnam) with over 25 years of experience in enterprise accounting software for Vietnamese businesses. FAST is well known in the market for its strength in deep financial analysis and flexible management reporting.
What sets FAST Accounting apart from other accounting software is the depth of its financial analysis: the system can calculate and display financial ratios (ROE, ROA, liquidity, financial leverage), cash flow forecasting, cost analysis by cost centre, and profit analysis by project/product — all automatically generated from accounting input data.
FAST Accounting is built entirely in compliance with Vietnamese Accounting Standards (VAS) and is regularly updated to reflect regulatory changes from the Ministry of Finance and the General Department of Taxation. The chart of accounts, journals, general ledger, and all financial report forms comply with Circular 200/2014 and Circular 133/2016.
FAST Accounting is available in two deployment options: FAST Business (traditional Windows desktop, suited to businesses that prefer a stable environment) and FAST Online (web-based cloud, accessible from any device). Both integrate e-invoicing in compliance with Decree 123/2020.
Key features
Core Accounting
- → General ledger — journals, general ledger, VAS-compliant chart of accounts
- → E-invoicing — integration with GDT-certified e-invoice providers, automated digital signing
- → Accounts receivable/payable — AR/AP management, reconciliation, payment reminders
- → Tax reporting — VAT, CIT, PIT report templates per General Department of Taxation standards
- → Financial statements — B01/GTGT, B02, B03, B04 per Circular 200/133
Financial Analysis
- → Financial dashboard — real-time overview of key financial metrics
- → Ratio analysis — automated ROE, ROA, liquidity, and financial leverage calculations
- → Cash flow forecasting — cash flow projections based on planned receipts and payments
- → Cost centres — cost allocation by department, project, or product
- → Management reports — custom report design per CEO/CFO requirements
Cost Accounting & Operations
- → Inventory accounting — FIFO, LIFO, weighted average, actual unit cost
- → Cost accounting — product cost calculation by workshop, manufacturing order, or project
- → Construction accounting — project cost management, progress billing, final settlement
- → Project accounting — revenue and cost tracking by individual project
- → Audit trail — full log of all user actions for audit purposes
Who it's for?
Industrial manufacturing businesses
- Ngành
- Industrial manufacturing — requiring in-depth cost accounting
- Quy mô
- 50 – 300 staff, accounting team of 3–10 people
- Use case
- Product cost calculation by manufacturing order, overhead cost allocation, product-line margin analysis
- Vì sao chọn
- FAST Accounting has the most in-depth manufacturing cost accounting module in the domestic software segment — supporting multiple cost calculation methods per VAS. The chief accountant can build product-margin analysis reports without needing a separate Excel workbook.
Conglomerates and multi-branch enterprises
- Ngành
- Conglomerates, holding companies, multi-branch enterprises
- Quy mô
- 100 – 500 staff, multiple legal entities or branches
- Use case
- Consolidated accounting across multiple legal entities, consolidated financial statements for senior management, branch-level budget control
- Vì sao chọn
- FAST Accounting supports multi-branch accounting and financial consolidation — best suited for conglomerates or businesses with complex structures that need group-wide consolidated financial reporting. The CEO dashboard displays financial metrics for each subsidiary.
Construction, contractors, and project consultants
- Ngành
- Construction, contracting, project consulting — project-based accounting
- Quy mô
- 20 – 200 staff, multiple concurrent projects
- Use case
- Cost management by project, progress billing, project final settlement, profit analysis by project
- Vì sao chọn
- FAST Accounting has a dedicated construction accounting module — tracking costs, revenue, and profit for each contract/project. Final settlement at project completion produces a complete file of documentation meeting client and regulatory authority requirements.
Strengths
- ✓ In-depth financial analysis — financial ratios, cash flow forecasting, variance analysis
- ✓ Unlimited customisable management reports — designed to leadership requirements
- ✓ Specialised manufacturing cost accounting — multiple cost calculation methods
- ✓ Profit analysis by product, project, and cost centre
- ✓ 25+ years of experience, stable, and widely trusted by large enterprises in Vietnam
Limitations to consider
- ! Focused on accounting — no full ERP suite (CRM, HRM) like MISA AMIS or Odoo
- ! The older desktop interface may require some adjustment — FAST Online is more modern
- ! Initial cost may be higher than MISA for smaller businesses
- ! Smaller third-party integration ecosystem compared to international ERP systems
Pricing
FAST Business
- ✓ Priced by module and number of users
- ✓ Full VAS-compliant accounting
- ✓ Financial and tax reports per GDT standards
- ✓ Integrated e-invoicing
- ✓ Manufacturing cost accounting
- ✓ On-premise Windows installation
FAST Online
- ✓ Everything in FAST Business
- ✓ Browser-based access from any device
- ✓ Real-time financial analytics dashboard
- ✓ Automated daily cloud backup
- ✓ Automatic feature updates
- ✓ iOS & Android mobile app
FAST Enterprise
- ✓ Everything in FAST Online
- ✓ Multi-entity accounting and consolidation
- ✓ Group-wide consolidated financial statements
- ✓ Multi-level approval workflows
- ✓ Unlimited custom reports
- ✓ Priority support SLA
Frequently asked questions
How does FAST Accounting differ from MISA AMIS?
FAST Accounting excels in deep financial analysis and customisable management reporting — ideal for businesses needing detailed financial dashboards for senior management and complex manufacturing cost accounting. MISA AMIS is stronger in built-in e-invoicing integration and a more comprehensive ERP ecosystem (CRM, HRM). Both comply with VAS and Vietnamese tax standards. Dzo provides a specific consultation based on your business needs.
Does FAST Accounting run on the cloud?
Yes. FAST offers a FAST Online version (web-based cloud) that allows browser-based access from any device, anywhere — no installation required. The traditional FAST Business version installed on Windows is still supported for businesses that prefer the stability of a desktop environment.
Does FAST Accounting support e-invoicing?
Yes. FAST Accounting integrates with popular e-invoice providers in Vietnam certified by the General Department of Taxation. When an invoice is issued in FAST, the system automatically connects, applies a digital signature, and delivers it to the customer's email in compliance with Decree 123/2020 — no separate e-invoice software required.
What size of business is FAST Accounting best suited for?
FAST Accounting is best suited for mid-sized to large businesses (50–500+ staff) with a professional accounting team and a need for deep financial analysis. For businesses with fewer than 20 staff that do not require complex financial analysis, MISA AMIS or simpler solutions may be more appropriate in terms of features and cost.
Is a VAT invoice available when purchasing FAST Accounting through Dzo?
Yes. Dzo issues a valid electronic VAT invoice (hoá đơn đỏ) in compliance with Decree 123/2020 when you purchase FAST Accounting through Dzo. Payment is in VND via corporate bank transfer — no foreign currency card required. Software costs can be fully recorded as business operating expenses and deducted for corporate income tax purposes.
Interested in FAST Accounting?
Dzo delivers an exact quote within 24h — e-VAT invoice, VND payment, local training.