Accounting Softwares in India
Accounting software provides complete account management solutions with ledger books, credit entry and many other business financial transactions.
Many accounting softwares in India are offered as freeware and they perform functions like company accounts and taxation details efficiently. Few others are offered on contractual service and are ideal for small business units.
Small business units can also opt for paid accounting softwares by procuring them from accounting software companies. Some of the functions carried out by accounting softwares are invoicing, inventory control, adaptable accounting, tax planning and database accounting. They can increase the profitability of a business by streamlining financial transactions.
Some accounting softwares in India have been designed to work as a total Management Information system (MIS). Detailed information about purchase, sales, customers, stock and dealers can be stored. Vouchers for salary are prepared automatically. Most accounting softwares are compatible with a wide range of operating systems.
List of Accounting Softwares in India
Some of the popular accounting softwares in India are HiTech VAT Accounting and Inventory Control, ERP Software Solutions and Busy Business Accounting Software.
Accounting software recommended for Mac based business units are MYOB AccountEdge, MoneyWorks Gold and Quickbooks. Some of the innovative features offered by the above are time tracking, report generation, bill pay and multi user networking. Add on applications like data transfer, support for multiple currencies and custom report are encouraging.
Web based or online accounting softwares let you access your business information through internet. Many features and options are offered free by accounting software companies. They can also be accessed on Blackberry and smart phones. Certain online invoicing softwares are presented for service in tiered versions. All of them are simple to use and are reasonably priced for small business units.
Free accounting softwares in India
Some of the free accounting softwares in India are USB Money, Easy CASH MANAGER, AQURA, AceMoney Lite 3.8.3 and BizAcct. All of them are available for free download. They can help small business units keep track of clients and manage money flow.Some of the functions performed are payment collection; purchase order, quotation and vendor records. They offer multiple account management and are ideal for small business units.
The type of currency can be chosen as default based on the preference of the company account. Some of the accounting softwares allow automatic upgradation. Features like restore data and back up data are offered.
Most of the free accounting softwares in India are robust and easy to use. Categories and sub categories can be created to maintain income and expenses accurately. Multiple approaches are provided to enter transaction details easily.
Everyday financial tasks are made easy, organized and time saving with free accounting softwares. Updates feature are provided for security and multi currency finance program. The browsers can be customized and data is not lost in case of power failure with specialized softwares.Some of the free accounting softwares for Mac are Liquid Ledger and Luca accounting systems. They are ideal for small and mid sized business units.