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How To Select An Accounting Software?

 
 

Do You Need An Accouting Software?

Do you want to keep your transactions up to date, set up your account in minutes and to create and send invoices from anywhere, then you need accounting software that records and processes accounting transactions.

 

Accounting software may be desktop based or online that can be accessed anywhere any time with Internet. These two types of accounting software vary greatly in complexity and cost.

Reasons why businesses install accounting software are:

 

  • Accuracy: Accounting software increases the accuracy of your accounting records eliminating human errors in calculation.

  • Speed: Accounting software allows businesses to process accounts with higher speed than manual processing.

  • Security and Safety: With accounting software data is securely stored at web servers which are reliable and also provide automatic data backup.  This reason is more relevant to online (cloud based) accounting softwares.

  • Cost: Accounting software brings higher efficiency with higher speed, and reduces human efforts reducing overall costs.

  • Reporting: Accounting software provides the necessary, timely and accurate financial information in the form of reports.

  • Connect anywhere: Most of the accounting softwares have online access allowing anytime and anywhere access, providing increased flexibility to employees and business.

Best bets for Accounting Software

Best Overall for small businesses
Cost : 

Rs. 8999(approx $134)/year

Currently at 2699(approx &40)/year

@ 70% off

Features : 
*****
Platforms : 
Any web Browser
Business Size : 
S
Ease of Use : 
Deployment :
*****
Customer Service : 
Highlights
  • User friendly dashboard displaying financial health of business at one place.

  • Excellent automated features saving time.

  • Support through phone, chat and several self help resources.

  • Features are “Accountant Approved”.

  • Free 1 month trial.

  • Mobile app has only basic features.

Best for Micro and Small Businesses
Cost : 
 Rs 2999(Approx $45)  per organization/ year 
Features : 
Any web browser
Platforms : 
****
Business Size : 
Ease of Use : 
Deployment :
Customer Service : 
*****
Highlights
  • Free 14 day trial.

  • Low price with high value.

  • Price tag includes excess to all features and unlimited use of features.

  • Clutter free dashboard,  easy for non tech users.

  • Automated banking with Secured online transactions.

  • Powerful reporting.

  • Outstanding customer support.

Best for free
Cost : 
Free
Features : 
Platforms : 
Any web browser
***
Business Size : 
Ease of Use : 
Deployment :
****
Customer Service : 
**
Highlights
  • Simple and easy to navigate dashboard.

  • Time saver like automated invoicing and billing.

  • Easy templates for reporting and for other financial documents.

  • Paid customer support

  • If business expands,  wave can be quickly outgrown.

 Cloud
S
cloud
S
Cloud
****
*****
 

Featured : Strong and Powerful

Featuring Accounting Software that you should definitely consider. They have features or special

deals that are too attractive to ignore or have been recently reviewed in greater detail

Showcase: Our full list of Accounting  Softwares

Freshbooks

Accounting tasks using FreshBooks is easy, fast and secure. Tasks like capturing expenses, sending invoices, and tracking time can be done in minutes. FreshBooks accounting software offers user friendly cloud based solution for non accountants. Wide range of accounting tasks can be performed on the go.

Xero

Xero is web based and is for small businesses. It is affordable and is known as "QuickBooks alternative". It has an impressive dashboard and simple to use navigation. It is cloud based that provides real time access to what you need, when you need.

Planguru

Planguru software offers business forecasting, budgeting and performance review. It has pre built Integrated financial statement structure.

Planguru is helpful for managers or owners in better decision making, be it operations budget planning for a multi department business or financial forecasts for a bank.

Kashoo

Kashoo is one of the best online accounting software for small businesses. It is a do it yourself solution. Performing basic accounting functions like sending invoices, keeping track of expenses etc.  becomes extremely easy with Kashoo software.

Free agent

FreeAgent helps to take care of day to day businesses. It keeps track of your cash flow, profitability and money management. FreeAgent is best for freelancers, consultants and other small businesses.

KashFlow

KashFlow accounting software has an integrated payroll module. It is easy to use powerful accounting software accessible from anywhere. It offers free and fast support. Invoicing is automated and allows invoicing templates.

BillQuick

BillQuick accounting is for small and medium size firms at an affordable price. Accountants use BillQuick to manage day to day accounting tasks. BillQuick software is designed and created to assist business increase its performance, streamline processes and make faster decisions.

Recurly

Recurly provides flexible, trusted accounting solutions Daily billing tasks are simplified and smartly automated. Workload is simplified in Recurly solution.  It also helps to prevent lost revenue, provides business insights allowing you to spend less time in managing your billing.