Accounting App Archives - Page 2 of 2

November 15, 2018August 21, 2019

GST Billing And Accounting Software In India

Today, every business needs a new billing management system, which should work according to the new tax regime of India. For this, many companies like ClearTax, Tally, and Marg Accounting has introduced their new billing software, which has been developed completely based upon the new Goods and Service Tax guidelines.

A billing and invoicing software help businesses perform automated calculations, keeping taxes in mind. Additionally, they are also useful for bookkeeping and record-keeping purposes.

To help businesses choose, here’s a list of the top 10 billing and invoicing solution available in India:

How To Find The Best GST Software?

Like every person, every firm is different and has its own expectations from any accounting software. Based on your business, you should check the following points:

1) Software should include all requirements relating to payroll.

2) The system should be able to track available stock, work in progress, orders, jobs, and other task management requirements

3) There should be a provision which can handle more than one bank account.

4) Whether the software handles foreign exchange.

5) There should be a system to keep records of each business or various departments under one business unit.

6) Check whether the Software provides you with an online platform for different activities such as online payments, verifying records,

7) Whether the system can manage different records on what do customers buy, how much they buy, a tax charged on it, etc

Features:

1) According to the business, it should customize the look and generate GST invoices.

2) Different categories. Should be there for different expenses.

3) By importing the bank transactions it should generate the Reconciliation Statement (BRS).

4) Inventory purchases and purchase orders (PO) will be recorded.

5) Record-Journal Voucher entries.

6) Managing database of customer and vendors.

7) Updated information about accounts payable and accounts receivables so that the user is well aware.

8) Help in generating Balance Sheet, Trial balance reports, and Profit and Loss statements as for and when needed.

9) Give platform for different users to use it in a business unit at the same point in time as at times there are different users in one business unit.

To help businesses choose, here’s a list of the top 5 billing and invoicing solution available in India:

Zoho Invoice

Zoho Invoice is a hassle-free invoicing & billing software that helps businesses send automated payment reminders to their customers and get paid faster online. This web-based solution empowers businesses with the best-automated tools, to smoothen and simplify invoicing operations. With Zoho, users can create invoices, perform faster payments and manage projects on the fly.

QuickBooks

Quickbooks is a reliable and scalable invoicing and billing software for businesses of any scale. Using Quickbooks, users can manage their business and stay organized anytime, anywhere on their computer, mobile or tablet. Create customized and professional invoices, sales receipts and estimates that can be sent in minutes, using QuickBooks.

Sleek Bill

Sleekbill is a simple and efficient billing software which has been specially designed for the Indian market. The software assists in making your invoicing operations efficient. It is a fast and highly scalable solution which can also be used to generate quick and detailed reports, backup/restore data, print/e-mail invoices, and perform GST calculations.

HyperDrive HDPOS Smart

HDPOS Smart is a retail POS billing software, designed to automate retail billing. It is efficient at handling inventory, financial accounting, and billing. HDPOS Smart can be employed at all types of business setups, ranging from stores to hypermarkets. It has additional modules for inventory management, franchise management, accounting, customer management, etc.

MargERP 9+

margERP

MargERP 9+ is an ERP solution that can also be used for invoicing purposes. From automating various ERP components to ensuring complete management of inventory, sales, distribution, procurement and, accounting, MargERP is a complete invoicing and billing software. Simple and easy to use, MargERP 9+ enables users to attain high performance and improved productivity for various domains.

Conclusion

If you own medium-sized business, all these tasks can cause a huge headache. A billing and invoicing solution will not only help businesses ease their payment processes but also get a better grasp of their finances. In turn, businesses can use this data to improve their different financial processes to make them more effective. Which one is your favourite GST software?

May 4, 2017September 19, 2017

Easy Accountax has Effective Payroll Feature for You

Talking about the easy and efficient payroll system of accounting software, it becomes important for the business owners to opt for flexible accounting software. It may be for large organisations or small businesses, cloud-based accounting solutions have raised its bar to suit the particular needs of the organisations. When you choose accounting software for your business, keep a checklist of all the features which you want ready. This will enable you to choose the best from the available solutions in the market. Let’s have a detailed discussion on one of the important features of an accounting software; Payroll.

As this feature is complex and it consumes more time, so many small business owners have to rely on their accountants or automated software systems for it. The payroll system which you choose for your business must be effective and accurate. A high-end accounting solution having payroll system will accommodate all the features that can provide accuracy of employee records. Your payroll system must be able to store the employees’ personal details and their various working hours. While you have access to the automated accounting system, it will reduce the chances of human error to a large extent. The stored data can also be easily changed; say e.g. if the lunch break time-in is not proper, you can correct it. It also lets you process the salaries based on the attendance of the employees. Based on that data, you can quickly prepare the salary slip and process it further. If you want to process any employee’s salary later than the regular date, you can cancel the set date and then can set a new date with the details. You can choose how often your employees will get paid, i.e. weekly, twice a month or on a monthly basis. Flexible mode of settling payments is one great advantage of the advanced payroll systems. For the deduction of tax, gratuity or provident fund amount, you can easily enter their net salary amount and the final amount after deduction will be calculated. The gross amount is payable to the employee as their salary amount. And the same process will be done when employees are paid extra for their hourly rates or bonus amount.

The accountants managing payroll for their clients can get real-time updates from the cloud-based accounting software. Additionally, they can view the details on the dashboard and can also track the changes made in it.

About Easy Accountax:

Easy Accountax is a fully-integrated payroll system for small businesses as well as the accountants that make it easy to work across different modules. It has been considered as one of the outstanding payroll systems that offer advantages in terms of time, cost, accuracy and organisational size.

No matter you run payroll as many times as you want and access it from anywhere, you can pay your employees at any time with Easy Accountax. By using this high-end cloud-based accounting software, you can stay in touch with your customers and also can enjoy the best advantages this software offers. Our excellent cloud accounting software lets you manage important dates and deadlines seamlessly. Our system is a white labelled product and can be accessed from anywhere and any device. Also offer Android apps and iPhone app which help in managing payroll feature from smart phones or tablets.

Stay connected with your business from anywhere and at any time.

April 26, 2017July 16, 2018

Why It’s Time to Choose Cloud Accounting Solution for Your Business?

Are you a small business owner or a startup?

If you started your own business. It’s likely that you’re concentrating the work or tasks you love doing.

There is a lot of work for you to do to expand your business. I bet you that you’re not interested in tracking your financial data every time.

Let’s take an example, if you own a retail business, you might have:

A business model or mission.
A high transaction rate with a number of customers.
Many sales a day.
Invoices for your products.
Bill/sales records.
Staff wages to record and pay.

There are a lot of data to track and manage. And I bet you that you don’t want to do it own (if you’re like other successful business owners).

Recording and managing financial data is not something you enjoy. But it’s important to track your data.

Then what to do?

Don’t panic!

That’s where cloud accounting software comes in! It can be your best friend. It can lighten your business load.

What a Cloud accounting software can do for you

The days are gone when businesses had to keep a record book of all the business finances and transactions. We live in the digital era. Everything has changed. The way people buy has changed and the way we do businesses also has changed.

It’s crucial for you to integrate new technologies into your business to make it smarter.

The Cloud accounting software will make your business finances hassle free and make your life easier. It’s a great medium to manage and record your receipts, invoices, bills, and other transaction details, etc.

You must be worried about your financial data security?

Cloud accounting software providers like Easy Accountants offers reliable accounting software with critical security features (which are specifically designed) to keep your data safe and increase your business efficiency.

So you don’t need to worry about your data.

Cloud accounting software also allows you to access your data from anywhere at anytime. And you don’t even need to install any software.

If you want to run your business smoothly, you must invest in cloud solutions.A report identified that an array of industries now owns this new digital innovation – Cloud innovation!

There are a number of benefits of cloud accounting software for your business:

It gives you flexibility.
Disaster recovery
Automatic upgradation of software
Cost reduction in hardware and software expenses
Pay as you use model
Easy to collaborate with team and clients
Increase productivity

Are you still wondering, why should you opt cloud solutions for your business? Let’ access some facts:

AWS generated $3.2 billion in revenue in Q3 of 2016 alone – an increase of 55% over the same period in 2015. While Microsoft trail far behind AWS, cloud products are expected to account for 30% of their revenue by 2018. (Source)

U.S.-based organizations are budgeting $1.77M for cloud spending in 2017. (Source)

The Cloud market was valued $148 billion in 2016 and growing by 25% annually. (Source)

50% of businesses indicated they are or will use (within the next 24 months) an industry cloud offering. (Source)

More than 70% of UK businesses are using at least one cloud service.

Ofer Gadish CEO & Co-Founder at CloudEndure predicts that,

“We are going to see many more enterprises migrating to the cloud in 2017. The cloud is finally mature and secure enough for enterprises, and its myriad of benefits outweigh any limitations.”

Now, I hope you understand the importance of cloud accounting software for your business. If you are not cloud, It’s the best time to choose cloud solutions for your business.

December 23, 2016December 14, 2021

Great Accounting Mobile App for Your Business

Every business owner looks for an affordable accounting solution. While searching for the best accounting software, we look at the time-saving features offered by it and its cost. These products vary in cost and so does the features. Easy Accountax has been developed by experts and it offers best online cloud computing and accounting services. With every app going viral on smart phones, Easy Accountax has launched a mobile app to assist the users to manage their accounting process easily.

It does not matter whether you’re starting up a new business or have an existing business, an accounting software must cater to the needs of business. Easy Accountax has the flexibility to customize as per the nature of your business. You need not to worry about managing reports, billing, expenses, payroll, taxes etc. as Easy Accountax’s mobile app will keep good records of all these transactions. Whether you’re travelling or out of the office, this app will easily help you in keeping track of the transactions. Whether it is sending invoices to your clients or tracking expenses of the month, everything will be taken care of. It is rightly said that an effective accounting mobile app will run your business on screens.

What features does Easy Accountax provide? Here are they:

CRM
Accounting
Banking
e-Documents
Payroll
Practice Manager
Inventory Management
Bills & Expenses
Asset Management
Financial Reports

It is simple to use and easy to operate on your mobile screen. Providing the services with assured quality, Easy Accountax offers 24X7 customer service to all its users. This mobile app makes it effortless for the users to perform various operations. Choose Easy Accountax and it will save your time of manually recording entries on a daily note.

So whom are you waiting for? Get your hands on this user-friendly and convenient accounting app!
Easy Accountax App:
Download Android App
Download iPhone App

Category: Accounting App