Most businesses rely on using spreadsheets to manage books, and many continue to use spreadsheets even as the business grows and becomes more complex. This leads to outdated spreadsheets that present conflicting numbers. The accounting software combines all your financial data in one place, whether it be invoices, expenses, income, or receivables, and makes it easier for you to circulate the financial data to internal as well as external shareholders.
With all the data in one place, accountants won’t have to spend hours posting, re-keying, or manually coordinating the data. Ultimately, this saves time, reduces costs, and ensures more accurate financial reporting.
What should you look for in good accounting software?Finding and implementing the right accounting software can be one of the best ways to achieve your business goals and objectives. The key factors that you will find in a good accounting software are:
Are you struggling to find the right accounting software to manage your finances efficiently? Here’s a list of seven best accounting software india that are going to fulfil all your requirements:
RefrensRefrens is one of the most easy-to-use cloud GST accounting software in India. The app offers a bunch of features all in one place. Here’s a list of some of the amazing features that the app has to offer:
Most of the features the app provides are free, but some are locked in their premium plan, which ranges from about Rs.3500/year to Rs.7500/year. The app is a valuable asset for managing invoices and payments more efficiently.
try Refrens Zoho BooksZoho Books is an online accounting software that helps users build detail-oriented accounting tools and manages users’ business finance and accounting tasks. It is made for all types of businesses, from small to large, and for freelancers, accountants, or individuals. Some specialties of this app which makes it one of the best accounting software are as follows:
The app provides all types of packages, starting from a free plan to Rs.7999/year.
Try Zohobooks Tally primeTally Prime is the most popular and widely known accounting software in India. It has a simple, traditional user interface built for accountants. This app has wider acceptability. All you need to get started with Tally Prime is a basic hardware setup and the knowledge required to navigate the software. Tally Prime is considered an integrated business management solution that can handle and fulfil all the following requirements of a business:
Tally Prime gives a seven day free trial to the customers and has monthly subscription plans ranging from Rs.885 for a month to Rs.10620 for a year.
Try Tally Prime VyaparVyapar billing is a free invoicing software that helps you establish a professional brand identity with useful GST billing features.Vyapar app makes accounting error-free. You can use the Vyapar accounting and billing app to create invoices that comply with GST. It helps ensure data security for your business. Some of the distinct features of this app are:
It helps SMEs understand how the app benefits them before paying. Using the app makes business management hassle-free for SMEs as business owners only have to pay for premium features as a yearly subscription for about 3399/year.
Try Vyapar MargMarg is a leading Indian accounting software for all types of businesses and enjoys a broad audience base, mainly from pharmacies, FMCG supermarkets, and many more. Marg is designed so that all companies can get an opportunity to extend their businesses on a larger scale.
The app provides a seven-day free trial period to all users. Further, it has a basic package for about Rs. 8991/year, a silver package for 12600/year, and a gold edition for about 25200/year with its premium features.
Try Marg ERP BusyBusy is an accounting software which also offers a cloud- based version of itself- Busy Online. The app provides a mini-ERP for your business and eliminates the need for multiple disconnected tools.
Busy has you covered when it comes to following things:
Most of the features of this app are available on the free version but the premium features are locked in the three kinds of packages provided by them- the Basic package at Rs.9,999, the Standard at Rs.14,999 and the Enterprise which is especially made for multi branch operations at Rs.19,999.
Try Busy FreshBooksFreshbooks is an online accounting tool used by over 100000 users. It is one of the most accessible accounting software programs for small business owners, sole proprietors, and freelancers. Freshbooks provides the users with the following features:
However, Freshbooks restricts the number of clients a user can invoice; only the premium plan allows unlimited clients. The cheapest plan is Freshbooks Lite at $17/month, and the most popular plan is Freshbooks Plus at $30/month.
Try fresh booksAlso read: 4 Best AI-Based Accounting Software for Small Businesses important
what is the difference between ERP and accounting softwareERP is a comprehensive software that manages all the aspects of business operations whereas accounting software mainly focuses on financial management.
Which accounting software provides offline functionality?Marg, Busy and Tally also offer offline deployments.
All Rights Reserved. Copyright , Central Coast Communications, Inc.