What Fiscalsoft does

Fiscalsoft Corporation is a privately held Kentucky-based software developer founded in 1983 that builds and sells state-specific municipal software exclusively for Kentucky local governments, including county fiscal courts, cities, and special districts. The company's core offerings are an integrated five-product suite: FiscalBooks (fund-based municipal accounting with general ledger, budgeting, purchase orders, vendor claims, and fixed asset management), FiscalPay (payroll processing with direct deposit, W2/W3 forms, and tax reporting), FiscalTax (tax collection and taxpayer management with built-in forms designer and mail-merge word processing), FiscalHR (human resources add-on with KPPA retirement reporting), and FiscalExpress (an electronic filing hub for DLG, SSA, KPPA, and state unemployment submissions). All applications are built on Borland Delphi and use the Advantage Database Server (originally from Extended Systems, now maintained by SAP) for embedded and client/server deployments, with cross-product posting designed to eliminate double data entry. Fiscalsoft was the first vendor certified by the Kentucky Department for Local Government to provide electronic filing to counties and is one of only three SSA-approved W2/W3 electronic filers listed for Kentucky, with all 32-bit products carrying the Advantage Database Local Server.

The company sells through a direct, sales-led enterprise motion targeting fiscal courts, treasurers, and finance officers via a dedicated sales email, phone lines, and website contact form, with multi-year software licenses plus ongoing support contracts, on-site training, data conversion, and recurring user-group seminars held in Lexington, KY. Revenue is generated from one-time software licensing combined with recurring support and professional services; pricing is quote-based and not publicly disclosed. The support bench includes retired Kentucky county treasurers, lending domain credibility to onboarding and retention. Customer concentration is entirely within Kentucky government entities, with 30+ counties routinely e-filing and 25+ county payroll/HR offices certified for KPPA START file uploads.

Name

Fiscalsoft

Legal name

Fiscalsoft Corporation

Website

https://fiscalsoft.com

Company type

Private

Founded year

1983

Operating status

Operating

Headcount range

11–50 employees

Short description

Fiscalsoft is a Kentucky-based software developer founded in 1983 that sells an integrated suite of fund-accounting, payroll, tax, HR, and electronic-filing applications exclusively to Kentucky county, city, and special-district governments, leveraging DLG, KPPA, and SSA regulatory certifications as its primary market anchor.

Ownership category

akta.pro rank

Product category

Government Accounting Software

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Municipal Finance, Treasury, Budget & Procurement (BPAIACAC)

akta.pro secondary industry

Budgeting & Fiscal Planning (BPAIAEAA)

Keywords

• Municipal accounting software
• Government payroll processing
• Local tax billing software
• Government electronic filing
• Fund-based government accounting

Headquarters

HQ city

Lexington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Software Licensing: Sale of municipal accounting software products including FiscalBooks, FiscalPay, FiscalTax, FiscalExpress, and FiscalHR. Products available as multi-user client/server versions with Advantage Database Server. Revenue appears to come from software licenses and potentially annual maintenance/support fees.
2. Support and Training Services: Ongoing software support, application updates, and training seminars provided to customers. Support lines open 9am-5pm ET Monday-Friday. User group training seminars hosted in Lexington, Kentucky.
3. Implementation Services: Comprehensive onsite training and ongoing support from team with government operations expertise. Data conversion services mentioned on contact form.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Fiscalsoft develops and licenses an integrated suite of state-specific municipal software for Kentucky local governments. The suite comprises FiscalBooks (fund-based municipal accounting with GL, purchase orders, budgets, cash transfers, fixed assets, vendor claims), FiscalTax (local government tax management with built-in tax forms designer and real-time taxpayer information), FiscalPay (payroll processing with W2/W3, direct deposit, employee management), FiscalHR (HR add-on automating KPPA retirement reporting), FiscalHR Plus (standalone KPPA START file certification), and FiscalExpress (electronic filing of budgets, financial statements, ACH, W2, new hires, state unemployment, and KPPA START files). Revenue is generated from perpetual software licenses with the Advantage Database Server licensed separately, augmented by ongoing support contracts, training seminars, and implementation/data conversion services.

Product overview

Fiscalsoft provides a unified suite of local government software solutions specifically designed for Kentucky municipalities. The core offering consists of FiscalBooks (municipal accounting), FiscalTax (tax management), FiscalPay (payroll processing), FiscalHR (HR add-on), and FiscalExpress (electronic filing hub). These products integrate seamlessly with each other—FiscalPay and FiscalTax post transactions directly to FiscalBooks, FiscalHR imports data from FiscalPay, and FiscalExpress serves as the central electronic filing platform for all modules. A standalone FiscalHR Plus product is available for organizations needing only retirement reporting capabilities. Client/Server versions are available for multi-user environments using the Advantage Database Server architecture.

Differentiator

Problem solved

Functional benefit

Brands

• FiscalBooks: Fund based municipal accounting system with integrated accounts, budget, cash receipts, vendor claims, general ledger, and purchase order system.
• FiscalPay
• FiscalHR
• FiscalTax
• FiscalExpress

Products and services

• FiscalBooks Fund-based municipal accounting system providing integrated General Ledger, P.O. system, Journals, Budget Amendments, Cash Transfers, Fixed Asset Management, Vendor Claims, and budget management for Kentucky county, city, and special-district fiscal courts. Posts transactions directly from FiscalPay and FiscalTax.
• FiscalTax Local government tax management software for county and city tax administrators, providing real-time taxpayer information access, a built-in tax forms designer, and a mail-merge ready word processor to maximize collections.
• FiscalPay Comprehensive payroll processing program for municipal fund accounting offices with employee management, direct deposit, W2/W3 form printing, benefits/deductions, tax reporting, and integration with FiscalBooks for direct posting.
• FiscalHR Human Resources Management add-on for FiscalPay that streamlines KPPA member data import and payroll records, reducing manual entry errors and automating monthly retirement reports via FiscalExpress.
• FiscalExpress Electronic filing hub that automatically creates and uploads FY Budget, Financial Statements, ACH Credits/Debits, Wage & Tax Statement (W2/W3) files, New Hires, State Unemployment Insurance, and KPPA START file to the relevant federal and Kentucky state agencies.

Quantifiable outcome

• County Treasurer completed quarterly reports, liability checks, 941 and unemployment reports by 2PM - previously took 3-4 days
• +3 more outcomes

Named customers11 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature7 records

Partnerships

One partnership is on record.

• Extended Systems, Inc. (now SAP)coreTechnology or Integration · 1 December 2002In December 2002, Fiscalsoft entered into a contractual partnership with Extended Systems, Inc. (Boise, Idaho) to use their Advantage Database Server. After spending over 2 years evaluating database products, Fiscalsoft selected Advantage Database for its embedded servers. The Advantage Database Local Server is now embedded in all 32-bit Fiscalsoft applications, and the Advantage Database Remote Server supports true client/server architecture. SAP acquired Extended Systems and now maintains the Advantage Database product line.

Scale indicators6 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• Springbrook Software: Cloud-based municipal ERP for small-to-mid-sized cities, counties, and special districts covering accounting, payroll, utility billing, and citizen engagement. Comparable customer segment but contrasting cloud-native delivery model versus Fiscalsoft's on-premise approach.
• BS&A Software: Michigan-based municipal software vendor specializing in fund accounting, payroll, tax billing, and e-filing for local governments. Closely comparable to Fiscalsoft in being a state-specialist focused on counties/cities with integrated accounting and payroll modules.
• Caselle: Provides municipal accounting, payroll, utility billing, and court software primarily for small-city and county governments, often at the state level. Similar integrated suite structure and target buyer (treasurers, finance officers) to Fiscalsoft.
• Edmunds GovTech: Provides financial management, payroll, and tax collection software to county and municipal governments, primarily in New Jersey and mid-Atlantic states. Comparable integrated suite and county-treasurer customer base to Fiscalsoft.

Emerging players

• OpenGov: Cloud-native budgeting, accounting, and transparency platform increasingly used by state and local governments. Represents the modernization pressure on legacy on-premise municipal software like Fiscalsoft's Delphi-based stack.
• KVS Information Systems: Offers KVS Enterprise municipal accounting and payroll software targeted at small-to-mid counties and municipalities. Comparable integrated general-ledger and payroll functionality with similar government finance officer buyer profile.
• SoftRight / Apex Software: Cloud-hosted municipal accounting and payroll solutions for smaller counties and special districts. Represents the SaaS modernization vector that competes with legacy on-premise municipal accounting suites like Fiscalsoft's.

Broad incumbents

• Tyler Technologies: Largest US govtech vendor offering municipal ERP, payroll, tax, and e-filing across many states. Its Munis, Incode, and New World Systems products compete directly with Fiscalsoft's accounting/payroll/tax suite, though at a vastly larger scale and with multi-state, cloud-native delivery.
• CentralSquare Technologies: Broad public-sector software suite including finance/accounting, payroll, and HR for local governments. Overlaps with Fiscalsoft's accounting/payroll/HR modules but serves a much larger geographic footprint and includes public safety/utility modules.

Regional players

• Rochester Software Associates (MUNIS-adjacent): Specialized municipal accounting and payroll software for counties and municipalities, primarily in the Northeast. Comparable state-specialist municipal accounting focus with county fiscal court / treasurer customer profile.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fiscalsoft