Are you seeking the best accounting software programs in India for medium and small companies? If so, look through this article to find the most effective accounting software which are the most loved by entrepreneurs across the country.
Accounting Software keeps financial data efficiently organized, which offers precise and specific data required for daily operations for small-scale businesses. The software can assist business owners to make an informed decision whenever it is needed.
Presently in India there are plenty of GST-ready accounting software on the market. According to this report according to the report, there is a forecast for the Indian financial software Market to Grow by 14 percent by 2021. In this article, we’ve chosen a list of best accounting software for businesses in India for medium and small companies.
10 Accounting Software in India
The list of accounting software listed below is sorted by random order, and is mostly designed to small businesses. It’s evident that big-scale and large companies generally prefer ERP (Enterprise Resource Planning) programs to meet their accounting requirements. So, without further delay take a look at the list of the most popular accounting software programs in India for small-scale businesses.
1. Quickbooks India
Quickbooks is designed in collaboration with Intuit Inc and is regarded as the top accounting software available in the United States and other developed countries. You can utilize Quickbooks in India. Indian Version of Quickbooks to record day-to-day transactions as well as invoices, billing[Billing And Invoice Software], and other tasks.
Quickbooks is also available by iPhone as well as Android-based smartphones.
Visit the Quickbooks Website for a Free Trial
2. Tally ERP 9
It is a Tally ERP 9 is a business accounting software that is used for inventory management, accounting, payroll. This is among the top and most popular Accounting software available in India. The software has been dominating market share in the Indian marketplace for accounting programs over nearly two decades, especially in the medium and small industries.
The majority of users use Tally due to the availability of certified professionals to work with this particular software.
A few of the most significant aspects of Tally include:
- Accounting Management
- Application, DataManagement, and Security Management
- Budgets and Controls
- Connected Capabilities
- Integrations and Extensions
- Inventory Management
- Manufacturing
- Payroll
- Purchase Management
- Sales Management
- Tax Compliance
3. ProfitBooks
ProfitBooks offers online-based accounting system designed specifically for small-sized businesses.
The program assists you to create invoices quickly and tracking expenses quickly. Anyone can use it with having a lot of accounting experience. Profitbooks is a cloud-based accounting program.
The most important features of Profitbooks include the following:
- Banking Integration
- Backup and restore of databases (Management)
- Payroll & HR
- Inventory Management
- Multi-User logins and Roll-based access
- Integration of Online Banking
4. Marg
The marg Accounting Software is developed by Marg Compusoft Pvt Ltd and is widely accepted by small and medium enterprises across India.
It transfers transactions to the GST portal, and then directly stores returns generated by billing program.
A few of the most significant aspects that are included in accounting software include the following:
- Fast and simple billing
- Auto-Bank Reconciliation
- Efficient Reporting
- Barcode Management
- GST Tax Calculation
5. Saral Accounting
This is a simple and user-friendly accounting software that is available in India. It’s GST-compliant accounting software that includes features such as voucher entry, book of accounts, TDS, and financial statements.
Saral is extremely adept at the management of the books and accounts for an Organisation. Saral offers trial trials for free for new customers.
6. Busy
Many companies use Busy to manage their inventory with built-in capabilities.
The software includes standard options such as accounting, sales, purchase GST, and managing currency. The software has more than 130,000 installations and is growing quickly. You can download a no-cost trial version of the software.
7. Zoho Books
Zoho Books is an easy-to-use cloud-based accounting program for small-sized enterprises. It provides a double-entry bookkeeping system, which saves time and effort through automation.
Other options include access to mobile devices, customer portal processing credit cards, and more. The free trial option is also available.
8. Wave Wave Best Free Accounting Software in India
Wave’s accounting software is 100 completely free, safe and well-known in the accounting industry.
Wave Accounting software offers options like automated billing Invoice Generation, automated Billing and tracking the unpaid and paid transactions.
9. Xero
This accounting software has been awarded as top online accounting software that is suitable for small-scale businesses and accountants.
Xero provides a 30-day trial period of free for all users.
10. Reach
Reach Accounting Software is developed by Reach Accountant. This is an internet-based program designed for Small & Medium Businesses.
The ones you should look at include MProfit, Vyapar, Wings Accounting and others.
The choice of the correct software is a crucial choice that one must make to ensure smooth running of their day-to-day business. We’ve listed below some of the most essential features that small-scale business owners need to be aware of prior to settling on your accounting system.
