Top 5 Best Accounting Software in India

There are plenty of accounting software available in India at present. Choosing the best one obviously is extremely difficult for small businesses. Here in this post, we list down the most popular accounting software chosen by small business enterprises all over the country.

Small business enterprises normally do not require customized accounting software. If your business has grown to medium or large one, you need to go for ERP ( Enterprise Resource Planning)  software programs as it requires need-based customization. However, for small enterprises generalized accounting software is more than enough to meet the requirement.

Find here, top 5 most popular business accounting software presently leading in the small business sector:

Top 5 Most Popular Accounting Software for Small Businesses in India

  1. Tally

Tally.ERP 9 is a business accounting software developed by tally solutions private limited and is exclusively developed for satisfying requirements of Indian businesses mainly for retail businesses. It helps you to manage accounting, finance, inventory, sales, purchase, point of sales, job costing, production and payroll. The single dashboard allows you to view all the important business ratios.

The prescribed formats for taxation requirements of all the states in India are made available. Tally.ERP 9 also supports all the direct taxes such as TDS, TCS and FBT and indirect taxes such as VAT, CST, etc. The software is easily navigable and user friendly. It provides complete POS solutions including POS invoices, loyalty management, payment methods, bar code scanning and report generation.

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2. QUICKBOOKS ONLINE

QuickBooks is an accounting software package developed and marketed by Intuit to provide advanced invoicing, reporting, expense tracking, billing, payment tracking and payroll management for small business including managing payroll, inventory and taxes and for developing start-ups and well entrenched medium-sized businesses. QuickBooks Online provides apps for iPhone, iPad and Android mobile devices and allows you to manage customers, suppliers, employees, inventory and accounting. The company dashboard is well designed to easily view the current status and health of your business. The user interface with fewer secondary menus is simple and unified across each product. You can also set up tax account specific to your industry and it provides you option to combine two taxes and apply them at the same time by setting up group rate with single code, so both the taxes are calculated and charged, but are tracked in their own separate accounts.

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3. Busy

Busy is an integrated business accounting software developed by Busy Infonet Pvt Ltd, for micro, small and medium businesses. You can manage your finance, accounting, inventory and CST and VAT reports, etc. Busy offers you POS billing and item barcode printing features. You can manage your fixed assets and depreciation schedule. The user interface is simple and intuitive. Busy has three editions: Basic, Standard and Enterprise edition, restricted to specific features. The features included in basic and standard editions and additional features are available in enterprise edition. The features of payroll, web based reporting, data synchronization and multiple branch management in one company are absent in basic and standard edition.

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4. Marg

Marg is real accounting and inventory management software developed by MARG compusoft private limited for small and midsized business. It helps you to efficiently control your business. The interface of marg is user friendly and it offers service to pharmaceutical industry, trading industry and retail industry. You can set special powers and features for supervisor, powers and boundations operator wise and set separate password for software, operator and company with secured self-backup and carbon copy of your data.

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5. Profitbooks

ProfitBooks is simplest online accounting software developed for small and medium sized businesses. The user interface is very simple and intuitive. The dashboard displays you the overall view and health of your business by showing income and expense overview, top five payables and receivables and details of sales by product/service in different graphical formats. You can manage your accounting, finance, inventory, payroll and invoices in efficient way and can access all your data on mobile, tablet or laptop. You can manage your service tax on sales and purchase, VAT on sales and purchase and add new tax and also create linked tax. You can also keep record of TDS & service tax transactions.

Check Out in Flipkart

ProfitBooks is simplest online accounting software developed for small and medium sized businesses. The user interface is very simple and intuitive. The dashboard displays you the overall view and health of your business by showing income and expense overview, top five payables and receivables and details of sales by product/service in different graphical formats. You can manage your accounting, finance, inventory, payroll and invoices in efficient way and can access all your data on mobile, tablet or laptop. You can manage your service tax on sales and purchase, VAT on sales and purchase and add new tax and also create linked tax. You can also keep record of TDS & service tax transactions.