
myBillBook
What is myBillBook?
myBillBook is a simple GST billing & accounting software designed to help you manage your business operations using mobile or desktop. No prior accounting knowledge is needed to use this software. You can create bills, maintain stock, track payables/receivables, etc.
myBillBook Starting Price
$ 42.6/Per Year
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Key Features of myBillBook
- Accounting
- CRM
- Inventory Management
- Accounts payable
- Accounts Receivable
- Inventory control
- Invoicing
- Billing System
- Barcode Scanning
- Billing & Invoicing
- Ad Hoc Reports
- Dashboard
- Billing Management
- Analytics
- Customizable Dashboard
- Accounting Management
myBillBook Users
Business
- Freelancers
- StartUps
- SMEs
- Agencies
- Enterprises
Available Support
- Phone
- Live Support
- Training
- Tickets
Specifications
myBillBook Categories on SoftwareSuggest
myBillBook Pricing
- 1 Businesses
- 1 Users
- Mobile & Web
- Unlimited Logins
- Call & Chat Support
- Manage Inventory easily with Stock Adjustments
- Remove myBillBook Branding from Invoice & Greetings
- Use Advanced GST themes for Bills
- Advanced Reports such as GST Reports and Profit & Loss
- Recover Deleted Invoices (Mobile only)
- Take Thermal Printouts
- Create Invoices by scanning Barcodes
- Create Unlimited Proforma Invoices
- Generate Barcodes for items
- Bulk Edit your items on My BillBook Desktop
- Share Premium Business Cards (Mobile only)
- 2 Businesses
- 3 Users
- Mobile & Web
- Unlimited Logins
- Access to Offline Desktop App
- Generate upto 50 E-Way bills per year
- Call & Chat Support
- Manage Inventory easily with Stock Adjustments
- Remove myBillBook Branding from Invoice & Greetings
- Use Advanced GST themes for Bills
- Advanced Reports such as GST Reports and Profit & Loss
- Recover Deleted Invoices (Mobile only)
- Take Thermal Printouts
- Create Invoices by scanning Barcodes
- Create Unlimited Proforma Invoices
- Generate Barcodes for items
- Bulk Edit your items on myBillBook Desktop
- Share Premium Business Cards (Mobile only)
- Unlimited Businesses
- Unlimited Users
- Mobile & Web
- Unlimited Device Logins
- Offline Desktop App
- Unlimited E-Way Bills
- Generate and Print Barcode
- POS Billing
Company Details
FloBiz
Bangalore
#56, 2nd Floor, 12th Main Road, Sector 6, HSR Layout Land Mark:, next to Rasaganga Veg Resturant, HSR BDA, Bengaluru, Karnataka 560102
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myBillBook Description
Main features of myBillBook :
- GST billing, e-Invoicing, e-Way bill, Credit/Debit Note, Proforma invoice
- Create and share bills on mobile anytime anywhere
- Payment collection & automated reminders on WhatsApp
- Manage, Alter & Track Inventory
- More than 25 business reports like GSTR, P&L, Sales summary etc
- GSTR-1 in JSON, Balance sheet
- WhatsApp marketing, Bulk SMS, CRM, Loyalty
- Staff Attendance Management & Payroll
- 24x7 call & chat support
- Works both on Mobile and Desktop
- Cloud storage. 100% safe & secure
When we think of business functions like Billing, Inventory Management, Vendor Management, and Employee Management, we usually associate them with large organizations. However, small and medium-sized businesses also have to deal with such functions on a daily basis, but on a smaller scale.
While technology has simplified vital business operations for large corporations through the use of software, there is hardly any software for supporting small-scale businesses. Its owners require a lot of support to take a small business to greater heights and streamline its internal processes. However, most process automation software either comes with hefty price tags or lacks the requisite features to support small and medium enterprises (SMEs).
My BillBook is one such rare application that has been designed keeping in mind the needs of SMEs. It comprises several features that help small businesses manage their stocks, buyers, suppliers, and finances. Additionally, it offers branding, e-commerce, and staff management functionalities to help SMEs reach greater heights.
This review will focus on My BillBook and will discuss the following:
So let’s learn what this application is about and what makes it ideal for SMEs.
Introduction to My BillBook
My BillBook is an application created to assist small businesses with inventory management, outstanding/receivable management, billing, marketing, and e-commerce functions. It offers both a web app (SaaS-based) and an Android application to help businesses manage their stocks, finances, parties, promotions, and employees.
My BillBook has dedicated modules for creating and managing inventories, managing stores, handling payments, providing notifications, sending quotations, and generating sales reports. Additionally, it features several ‘how-to’ videos to help businesses navigate its user interface and get work done easily. It is also available in several local Indian languages besides English, allowing regional users from several parts of the country to use them easily.
The My BillBook web app and Android app are free, and users only have to pay if they use the advanced staff-management feature. Additionally, upgrading to its premium version lets you use the application without its logo is visible.
The premium version of My BillBook is affordable at INR 799 annually, allowing you the opportunity for personal branding. After all, who wouldn’t want to have their personal ‘Amazon’ or ‘Flipkart’ where they can sell their products directly to consumers? The premium version allows you to assign permissions to your employees or partners based on their roles. Thus based on their designation, employees can digitally manage their responsibilities and get the necessary oversight.
However, even with a free membership, My BillBook allows you to create your online store swiftly, customize it, and populate it with your products. You can customize pricing, add product categories, manage stocks, and generate invoices from anywhere through the application. Moreover, through its dashboard, you gain complete real-time visibility of your stocks, payments, campaigns, and parties.
Don’t have a digital team for online branding? My BillBook is there to take care of it with its inbuilt greetings and business cards. Thus, if you offer a discount or offer at any of your stores, you can easily customize the branding greetings given in the application and share them with your contacts. Additionally, you can create your digital store in seconds and share your online catalogs with customers on Whatsapp. You can add your brand’s name and logo there for personal branding after receiving a unique online store link that takes customers directly to your virtual shop.
My BillBook offers all the necessary features to help a business grow while ensuring that its key processes are managed efficiently. It offers several modules that help in SMEs’ digital transformation while keeping track of important business functions.
In the next segment, we will discuss the key modules in My BillBook that help SMEs gain a competitive advantage while ensuring business continuity.
So, let’s dive in to discover its key features.
Key Features of My BillBook
1. Simplified GST Billing
My BillBook makes it easy to create, track, share, and print bills of various types. Several voucher types can be processed and customized through this app, like purchases, sales returns, payments in and out, purchase returns, etc. You can create and send both GST and non-GST bills to customers in a few seconds using My BillBook’s easy user interface.
My BillBook also lets you add and modify GSTs through its portal. You can add variable GST rates, GST, and other fields to create GST-compliant invoices directly through the app.
2. Inventory and Pricing Management
My BillBook allows you to easily register your stocks and purchases and log them inside its security system. It allows you to create and categorize your stocks and add various types of pricing to them.
You can create an item, assign it a category, add images for the product, and add product details, date of purchase, batch numbers, descriptions, and quantity, all within the app. Additionally, through this module, you can assign their MRPs, wholesale and retail prices, and primary and alternate units.
The application also has an inbuilt GST calculations unit that you can customize. Depending on the GST rate selected for a product, the system automatically adjusts the prices of items, thereby reducing your efforts. My BillBook lets you add fields like manufacturing and expiry date for products, which can be essential for pharmaceutical and FMCG products.
Additionally, it allows you to enter the barcodes of individual and bulk units for easy tracking. If your stocks do not have barcodes, you can also generate and print them for items; the barcodes can then be pasted to products for easier billing.
My BillBook also helps you get notified when your stocks are running low. You can pre-select the low stock quantity, and the system automatically notifies you when stocks reach the limit, ensuring that you never run low on stocks. Additionally, you can filter stocks according to various parameters and HSN codes (a unique code is given to products by the government ) for easy discovery.
Another useful feature of My BillBook is the ‘Bulk Upload’ feature, allowing users to upload items in bulk. This means that all your data stored in Excel or Tally format can be moved to the My BillBook database. You can also easily import data from your Digital Vyapaar applications to your online store.
3. Order and Store Management
My BillBook also helps you manage both online and offline stores simultaneously. Not only are you notified for every order made, but you can also accept or reject orders from within the system. Users also get notified when one of their stores has low stocks and place orders for them directly.
As all data of wholesalers and retailers are saved within the system, users can request information about wholesale prices before placing orders.
You can also select the minimum order amount, delivery charges, and online order policy. Additionally, you can choose whether to display wholesale prices for bulk orders or not.
4. Online/UPI Payments
My BillBook also simplifies payments through UPI. Once an invoice is generated for an order, you can set up an automatic SMS with the invoice and UPI link on Whatsapp for quick and easy payments. You can also send a bunch of reminders to your parties and yourself through this application, such as reminders for outstanding payments, due-date reminders, etc.
5. Referral Program
Another great feature of My BillBook is that you can run referral programs for customers. If users prefer the My BillBook app to their contacts and register using the referral code provided, they can earn Rs. 499 for every license purchased. The system can verify the number of people who signed in with a referral code and provide the amount to the referrer.
6. Parties and Credit Management
Since there are multiple parties that an SME has to deal with to run a business, My BillBook has a dedicated section to track a business’ dealing with several parties.
You can create a list of all parties, such as wholesalers, retailers, vendors, affiliates, etc., and keep track of payments, dues, and outstanding using the system. This helps you track how much money is to be collected and paid in real-time, doing away with ambiguities and approximations.
You can view the payment history for each party through the application, set reminders for each outstanding payment, and call parties directly within the app. Additionally, you can view financial statements for each party for a set duration and share the same on Whatsapp or MS Excel formats.
Besides saving your parties' names and contact details, you can also save the type of supplies they offer, their shipping and billing addresses, and the GST applicable for their location. Additionally, you get to assign a credit period for each party, after which their payments would be due.
In case you have recently digitized your business dealings, My BillBook lets you add an opening balance for each party which helps calculate the outstanding or overdue for each party, factoring in the previous balance. Also, you can set the maximum credit limit per party, which notifies you as the amount is reached.
7. Invoice Management
My BillBook offers several features to help businesses generate and customize invoices for their customers and parties. It also calculates GSTs, due dates, discounts, and balances while making invoices and allows you to search them by name and barcodes. It is also one of the few apps that allows you to add search criteria by voice commands.
Once an invoice is discovered, you can choose its category, price, quantity, tax rates, items free with a product, and purchase price. You can also add themes or colors and customize the fields you want to add to the invoice. Additionally, you can choose which details are to be hidden from the invoice.
Both the cash received from a party and the payment outstanding can be displayed in invoices, which you can add your signature to before downloading or sending to parties.
Once the payment from a party is cleared, you can add the received payment into the system. You can also add the mode of payment and share the payment receipt from the client for better transparency.
My BillBook provides another unique feature that helps in managing product quotations. You can request a quote from a party for your product using this feature. Depending on the price offered, you can approve or disapprove a given quote. Upon price negotiation and approval by both parties, the quotation can be saved as an invoice in the system.
Besides offering the above features, the application also has provisions for sales and purchase returns for items returned due to quality issues. Returns, too, are taken into account while creating party statements to help you pay only for what you use.
8. Reports
My BillBook provides complete visibility of your business by offering you a long list of customizable reports. These reports can be very useful for getting a clear idea about the daily transactions and help you get insights into how well the business is running.
Below is a list of My BillBook reports that we found very useful:
- Day Book(Daily Figures)
- GST Reports
- Sales Summary Reports
- Bill-wise Profit Report
- Stock Summary Report
- Low Stock Report
- Item Sale Summary
- Item Report by party
- Item Rate List
- Party-wise outstanding Report
- Party Statement Ledger
- Expense Category Report
- Stock Value Report
Did we miss anything? Let us know in the comments box.
Final Verdict
My BillBook has been thoughtfully created, keeping in mind the daily needs of small businesses. It helps small enterprises manage several parties, items, and transactions and offers several useful reminders and notifications. SMEs can greatly benefit from such an application and boost their sales using their online store option.
It offers offline sync, app-based support, and a SaaS-based web app, ensuring you never miss any major or minor updates. Additionally, it supports multiple languages, provides seamless sync between mobile and desktop apps, and allows bulk imports, which ensures that you are always on top of things.
My BillBook ensures the safety of your business’ data through its security systems. It is an ISO Certified application made in India and is rated 4.5 on Google PlayStore. Over 20,00,000 businesses have entrusted their faith in My BillBook since it was created primarily to help Indian SMEs grow.
My BillBook is reasonably priced, manages payments through UPI, and enhances your personal branding strategy. All of the above features make My BillBook a terrific app for small businesses and one with the long-term potential to help them soar higher.
You can learn more about My BillBook from its website or SoftwareSuggest Product Profile Page.
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myBillBook Videos
Overall Reviews
myBillBook Pros and Cons
Pros
"It's easy to use application and they update new features weekly as per the requirements"
"I am like mybillbook features spaically E-WAY bill and E- Invoicing feature."
"Easy billing and we can take GSTR-1 sales report in JSON format directly from myBillBook"
Cons
"They imporved there astff attendence and payroll feature in this feature they add timing option"
"Continuously improvement having face some time problem but it's a part of improvement."
"If we can add more that one number in the invoice that would be appreciated."
myBillBook Reviews (51)
komal y.
Owner
Used the software for : 6-12 months (Weekly)
Company Size :1-10 employees
Application was easy to use
It's easy to use application, and the overall experience was good. Compared to other software, this is one of the best applications I ever used, and the best part of my bill book is they add new features weekly.
myBillBook After Sales Service Rating
What do you like best about myBillBook?
It's easy to use application and they update new features weekly as per the requirements
What do you dislike about myBillBook?
They imporved there astff attendence and payroll feature in this feature they add timing option
What features is myBillBook currently missing?
Noooooo
Komal
Owner
Used the software for : 6-12 months
Company Size :1-10 employees
Application was easy to use
Easy to use application and all features are good, And as compared to other software to market, this is the best software I ever use, and I like this application very much.
Abhishek S.
Business consultant
Used the software for : 2+ years (Daily)
Company Size :11-50 employees
Business consultant
My bill book is a very supportive billing and inventory software for small and medium businesses. It's a very useful tool for companies. It's user-friendly, and it helps manage your business digitally. Even without accounting knowledge, you can easily manage your billing, inventory, expenses, cash, and bank transaction.
myBillBook After Sales Service Rating
What do you like best about myBillBook?
I am like mybillbook features spaically E-WAY bill and E- Invoicing feature.
What do you dislike about myBillBook?
Continuously improvement having face some time problem but it's a part of improvement.
What features is myBillBook currently missing?
Nothing
What other products like myBillBook have you used or evaluated?
My bill book is a very supportive billing and inventory software for the small and medium businesses. It's a very useful tool for the businesses. its a user friendly, it's helps manage your business digitally. Even without accounting knowledge you can easily manage your billing, inventory, expenses and cash and bank transaction.
Sethunadh
TL
Used the software for : 6-12 months (Daily)
Company Size :201-500 employees
I recommend it
MyBillBook is a user-friendly app with impressive features. With those recent updates, we can now customize invoices as well. I am very satisfied, and I recommend it.
myBillBook After Sales Service Rating
What do you like best about myBillBook?
Easy billing and we can take GSTR-1 sales report in JSON format directly from myBillBook
What do you dislike about myBillBook?
If we can add more that one number in the invoice that would be appreciated.
What features is myBillBook currently missing?
I'm having all the features required for my Business
aji g.
Proprietor
Used the software for : 2+ years (Daily)
Company Size :11-50 employees
excellent software for billing and accounting
This is the best software I used for the last three years, and this is the only software that is growing and giving updates accordingly; online store and loyalty points are very useful to everyone who wants to have more margin in their business.
myBillBook After Sales Service Rating
What do you like best about myBillBook?
All the features which are like Loyalty points, Staff attendance and payroll, Godown, GST reports
What do you dislike about myBillBook?
Staff attendance and payroll PF option, Manufacturing units entries are important, and all other options are very good, Category options are available but if can add subcategory option will be add on benefit,
What features is myBillBook currently missing?
Manufacturing units, Journal entry
myBillBook FAQs
How much does myBillBook cost?
The starting price of myBillBook is $ 42.6/Per Year. It has different pricing plans:
- Diamond Plan : $ 42.6/Per Year
- Platinum Plan : $ 81.93/Per Year
- Enterprise : $ 131.1/Per Year
- Professional : $ 263.88/Per Year
myBillBook also provides a free trial to users.
What are the top 5 features for myBillBook?
The top 5 features for myBillBook are:
- Accounting
- CRM
- Inventory Management
- Accounts payable
- Accounts Receivable