Best Business Accounting Software Packages

Smart Accounting Software for growing businesses
Simple, easy-to-use business accounting system to help you manage your accounts online. You can download 14 days free trail of Zoho books. Zoho Books is an easy-to-use, online accounting software for small businesses to manage their finances and stay on top of their cash flow.
import_contacts
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

Billing, Accounts and Inventory Management
HDPOS is the best accounting software for business. It has ease of use and nice interface. It is a windows based billing, inventory management and accounting system and it easly Install on single computer or multiple terminals.
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

Giddh

Software BY Walkover Technologis Pvt Ltd
Giddh online accounting tool is an innovative tool designed for undertaking accounting, invoicing and related activities. The tool allows users to add and manage accounts and share the status with relevant stakeholders via e-mail or a secure link which would be live for 24 hours.
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

LOGIC Account

LOGIC Account-A Trusted Name for POS & Wholesale
LOGIC ACCOUNT - complete retail, wholesale and accounting solution. It is a suitable software for billing, inventory & accounts functionalities. It is available in two editions such as Retail Edition and Whole Sale Edition.
import_contacts
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

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MProfit for Accounting

Portfolio Management And Accounting Software
Mprofit is one of the best portfolio management and accounting management software for investors, traders, advisiors, corporates, family offices and CAs to manage your stocks, MFs & other assets.
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

Integra Trade Plus

Billing & Accounting Solution for Traders
Trade plus is a proven quality inventory management and accounting package used by several organizations. It is a single user package with features such as multiple financial years, VAT computations, cess on VAT calculations, multiple price rates, etc.
import_contacts
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

Busy Accounting Software

Comprehensive Business Accounting Management Software
BUSY 17 GST ready business accounting software for small business and enterprises. It has been empowering SMEs across geographies, industry verticals & customer segments like FMCG, Retail, Trading, & Service by helping them manage their business efficiently. It is trusted by more than 6,00,000 businesses in over 20 countries.
import_contacts
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

A Comprehensive Accounting Software in India
Tally.ERP 9 is India’s leading business management software for GST, accounting, inventory, and payroll. It is economical and one of the most popular ERP software solutions available in the industry, used by 11 lakh businesses. You can download free version of Tally.ERP 9.
import_contacts
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

Billing360

GST Ready Billing Software
Business leaders can't make informed decisions without accurate information. A majority of organizations suffer from disjointed data spread across too many systems. This impacts the bottom line with lost or missed revenue and lengthens the time-to-cash.
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

Fraxinus Books ERP

GST ready Billing - Accounting Software
Fraxinus is an integrated Advanced GST Ready Billing, Accounting and Stock Management Software for Small Business to Large Enterprises.operated from (Online or Offline) Desktop Computers and Mobile Application.
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

Saral Accounts

Best Accounting System for Small Businesses
Saral is one of the top accounting packages for SMEs. It very efficient for maintenance of books of accounts of an Organisation. Signup for a free account to download Saral Accounts.
import_contacts
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

Reach

Best Accounting System for Small and Medium Businesses
Reach is an online accounting software for small & medium businesses. We have software modules for accounting, POS and CRM. The best part about reach is all the business operations are bundled in one software so that the business owner can track every apsect of business. 
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

Zipbooks

Best Online Accounting Software for small business
ZipBooks is very simple and easy to use cloud based bookkeeping software designed specifically for small businesses. It enables you to streamline your financial operations and increase productivity. You can get access to all essential accounting, inventory, sales and purchase features.
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

MARG ERP 9+ Inventory & Accounting Software

500+Centers for Training & Support, 6 Lakh+ Users
Best accounting Software for small businesses, handle multiple customers by allowing to hold current invoice. It is economical and one of the most popular ERP software. It's an complete solution from Purchase planning to Balance Sheet.
import_contacts
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

QuickBooks

Best Online Accounting System by Intuit Inc.
Simple online accounting software for business owners to make informed decisions. Run your business with QuickBooks. Anytime. Anywhere.
Installed
Onetime
Download Brochure
Customisation
Mobile
Saas
Web Based
Web Based and
Installed
Api
Both (SAAS & One time)

Page Last Updated On 12/08/2017 04:13



What is Accounting Software?

Accounting software is a computer program build and setup up to store and manage the accounts and also perform arithmetic or accounting operation. Accounting solutions are used to keep records of transactions(account receivable, payable), payroll etc. The main purpose of account software is to meet the internal and external financial expenses and keep a record for it. It is the systematic measurement, verification, interpretation, summation and classification of financial data.

Accounting system is used to stay informed about the wide range of finance related business needs in such manner that adds accuracy and proficiency to the business. Through the utilization of accounting packages any organization can record and Monitor their cash flows. This change in cash flow visibility can help prevent future financial loss, and help to make better monetary choices.

Accounting information system will by and large contain tools that helps to create bills, process payments, track costs, improve communication and create reports, thus helping to reduce cost and time spent on accounting Task.

Such softwares additionally incorporates efficient functionalities, for example, the mechanized era of check printing, accounts receivable and Payable, bookkeeping, billing, fixed assets, payroll, and Sales forecasting. Software's now a days ranges from fundamental to more advance systems including adaptable software for growing organizations, through to best software for particular industries.

Customer Purchase Insights for Accounting Software

Here is the account software report generated by analyzing more then 5000+ accounting information system buyers in 2016.

1. Geographic Spread Of Accounting System Buyers

Accounting Software Buyers in 2017

2. Industry-Wise Spread Of Accounting Solutions Buyers

Accounting software buyers industry wise

3. Accounting System Request On The Basis Of Designation

who use accounting software?

4. The Estimated Budget Preference (in INR) Of The Customers

budget for accounting software

5. Preferred Deployment Type: Installation-based Vs. Web-based Software

deployment for Accounting software

6. First time Software Buyers Against Existing Users Looking To Upgrade

 New vs existing visitor for accounting software

7. Users Preferred Location

location wise user for accounting software buyers

Features Required in Accounting Solutions

The success of any company is dependent on its robust accounting system. With technology becoming a necessity, it becomes mandatory to use accounting tools for most of the organization. With the availability of much software in the market, let’s have a good look at the essential features required in good accounting software for business:

  1. Security: Best accounting software always demands security of the data. With the financial data always being deemed highly confidential for any business, it is of the paramount interest of the companies to be assured of software that has no security problems. Software companies who themselves think of this as a first feature of their software are bound to enjoy good faith from their customers. It has been noted that currently, cloud computing software enjoy good security features in comparison to the other kinds of software.
  2.  Reports: Best accounting system not only helps you to keep track on your finances but also includes banking transactions as well as sales revenues and investments. Software that can generate reports save a lot of time and efforts of the company.
  3. Communication between departments: simple software looks into basic financial processes. However complex software (those on cloud computing) manage the financial processes of the whole firm like employee salaries, orders of customers and much more. This function must come with the feature of allowing multiple users to connect to each other to make the work smoother. If you need to deal with your credit cards and investments, bank accounts as well as your income and expenditure, all in one place on your smartphone or PC - Get Personal Finance Software.
  4. Automation: Manually making invoices or financial data are long gone processes. Now a days, the business accounting software comes with automatically formulated reports and invoices that you can print without much effort.  With access granted to team members, work can be done quickly and much better rather than waiting for an accountant to fill in the data.
  5. Insights: Software that gives a full view of the entire business or its financial status at one glance is more preferable these days. You can also get a detailed insight into each area of work by going into specific pages to view it.
  6. Cloud computing: cloud computing is the latest way of using accounting system through different gadgets. It allows multiple users and also keeps the data secure using Online Accounting Software. What’s more is that it is the quicker than the desktop installations.

Make your Business Accounting Software help your business grow

Here is the list of benefits and possible issues with a business account software that can help you understand the software that you shall use.

Managing money is an essential feature of your business. To survive the market it becomes mandatory to check all your accounts. So, whether you are a start-up or an established company, having accounting packages has several benefits.

  1. Financial Updates: Handling a business and also trying to remember all the financial details is not an easy task. This is the first reason why business accounting solutions come handy. You don’t have to rely on your memory to remember the daily budget, bookkeeping essentials and taxation details. Once all the details are fed in the software you just need to make certain updates from time to time. What’s more is that a good accounts software will give you all the details of your business Check top Finance Management Software in a single view and a single click.
  2. Saves Time: Your business needs you and with so many areas of your business demanding your attention, accounting packages allows you to be more productive in business management.  For example, apart from storing all the necessary financial details of your business, the software also helps in managing invoices, credit notes, discounts and other relevant documents for your clients. 
  3. Sharing: Accounting system have multiple user options which are a great asset to you if you want to keep your chartered accountant updated. It is also possible to work with multiple members of the team.
  4. No guessing games: Most business accounting software come with well explained instructions which give you step by step details of how to store your data and use the different features. This is especially beneficial for startup companies which cannot hire full time accountants.

There are certain issues with software that every company has to take into consideration before buying software.

  1. Continuous support and help are always needed. Many software vendors might be weak in handling your queries or problems.
  2. For established companies, even if you use the business accounting software, it is necessary to share all the details with your accountant. You will have to make sure that your accountant also has access to your software and is able to use it.
  3. Certain software might not have the necessary features that you need and still might be quite expensive.
  4. The accounting packages might not get installed properly or might not run properly due to compatibility issues with your computer’s operating system.
  5. Inability to solve problems face to face with the support staff might make you feel frustrated.

Market Trends of Accounting Solutions

Accounting software is used by organizations to perform daily accounting tasks efficiently. For our readers to utilize the latest features, we’ve listed down the 5 latest market trends.  These trends are influencing the account ecosystem in a positive way.

  1. Moving to cloud: Cloud technology is being rapidly incorporated as a part of the accounting software by software manufactures and is quickly adopted by organizations. A study by venture capitalist firm North Bridge found that more than 75% C-level executives and IT managers reported that their company uses minimum one cloud based application.

    Shifting to cloud software is an ideal choice for companies outsourcing their hardware and software support to minimize costs and improve their core competencies. By moving to cloud, the software features can be accessed by remote users and various branch offices. An added benefit of cloud is the ability to access business data and accounting systems from anywhere irrespective of the time and location.

    The subscription model adopted by these softwares is preferred by businesses because the software costs are flexible based on scalability. This eliminates the need to pay an upfront cost.

  2. A wide range of functionalities:

    The present day accounting ERP software comprise of a wide range of functionalities and applications. These functions include supporting the supply chain, HR, marketing, sales forecasting and overlooking manufacture. Traditionally these functionalities do not fall in the accounting solutions.

    The aim behind introducing such all-inclusive account software packages is to chuck out the inter-module integrations. This helps reduce costs that would otherwise have been utilized in supporting such complicated integrations. A single system monitors multiple data-sets, so that changes in any area show the real time influence on other aspects. There is no duplication of work, greater transparency and interdepartmental errors are reduced. This trend is nowhere close to slowing, with more companies adopting the accounting software packages.

  3. 3rd Party application integration:
    Business people always looking best account software for their business and 3rd Party application integration – Businesses are opting for ERP account software with added features besides the core functions. Thus a whole new community of developers is evolving who integrate these features in the existing system. The 3rd party integrated software works in sync with the primary accounting management software.
    At the other end, the account system developers are extending help to 3rd party software developers by expanding the core functions. The data can thus be exchanged between the 3rd party application programming interface (API) and the accounting management software. This trend of extended API availability is nowhere close to fading.

  4. Virtual implementation assistance:

    Account management software are complex to manage, from installation to configuration, assistance is needed at every stage. With the introduction of remote implementation support, the buyers get specialist support for the software irrespective of the geographic location. The account software company assists with the software support virtually thereby extending the number of options for the buyer.

    Speedy internet and Virtual Network Computing (VNC) such as GoToMyPC and Remote Desktop Connection from Microsoft has drastically elevated the level of remote assistance companies can offer in terms of software support. Geographic hindrance and local dominance are no more a hindrance, buyers can choose the account software based on the available functions.

  5. Analytics: The latest advancement in the accounting software is the introduction of intelligence tools. Analytics lead to making better strategic decisions based on real time data.

    Businesses are going beyond measuring assets, liabilities, expenses and revenues as financial performance indicators. Dashboards now offer better management modules and a wide range of graphical presentation options for displaying data. The new age software allow creation of simplified reports to convert data into actionable business insights.