SQL Account Review: Perpetual License Option with 10-Year Price Guarantee
SQL Account is a well-established Malaysian accounting software offering both desktop perpetual licenses and cloud subscriptions. Known for its 10-year price guarantee on cloud plans and "unlimited processing power," SQL Account serves over 320,000 companies across its product range.
Overview
Deployment: Desktop & Cloud Pricing: RM 2,699-4,099 (desktop), RM 79-109/month (cloud) Best For: Perpetual license preference, long-term users E-Invoice: LHDN ready Unique Feature: 10-year price guarantee (cloud)
Key Features
SQL Account positions itself as an ERP system for SMEs, going beyond basic accounting to include sophisticated inventory, purchasing, sales, and business intelligence. The depth of features rivals enterprise software while remaining accessible to small businesses.
10-year price guarantee on cloud subscriptions is unique in the market. Your subscription price remains locked for a decade, protecting against inflation and price increases—valuable for long-term budget planning.
Banking integration includes 21 banks e-payment options, enabling direct payment from the accounting system to suppliers. Auto bank reconciliation handles high transaction volumes efficiently.
Customization is extensive, with many resellers offering industry-specific versions. The platform supports complex scenarios like project costing, job tracking, and departmental accounting.
Pricing
Desktop (Perpetual):
- Basic: RM 2,699
- Standard: RM 2,999 (with training)
- Advanced: RM 3,799 (with stock control)
- Pro: RM 4,099 (full features + training)
Cloud (Monthly):
- Essential: RM 79/month (RM 39.50 with 50% grant)
- Pro: RM 109/month (RM 54.50 with grant)
Cloud plans include 10-year price guarantee. Desktop versions are one-time payments with optional support packages.
Strengths
- 10-year price guarantee provides pricing certainty
- Perpetual license option for one-time payment
- ERP capabilities beyond basic accounting
- Extensive customization options
- Strong banking integration (21 banks)
- Government grant support (50% off cloud plans)
- Large user base (320,000+ companies)
Limitations
- Higher upfront cost for desktop versions
- Support packages cost extra for desktop
- Interface less modern than cloud-first platforms
- Complexity may overwhelm simple businesses
- Cloud plans more expensive than some competitors
Verdict
Rating: 4/5
SQL Account excels for businesses planning long-term software use or preferring perpetual licenses. The 10-year price guarantee is unique and valuable. The ERP capabilities serve businesses with complex requirements beyond basic accounting.
Recommended for: Businesses preferring perpetual licenses, long-term users valuing price certainty, companies with complex accounting needs, those qualifying for government grants.
Last Updated: November 2025
David Cheah
Senior Financial Systems AnalystDavid is a chartered accountant (MIA) with over 15 years of experience in Malaysian SME financial systems. He specializes in digital transformation, e-Invoice compliance, and cloud accounting migration. His independent reviews help businesses navigate the complex landscape of accounting software in Malaysia.