Have you been looking for free offline accounting software South Africa ? This is one of the best accounting software in the market that keeps your data stored in devices and has easy backup options.
This accounting software is suitable for small business in South Africa, it is a fully offline program, you can use it without internet connection.
Wave
Wave is one of the top free accounting software download for small businesses because it offers all the basic bookkeeping features. It is particularly suitable for freelancers and entrepreneurs who pay most of their bills online and track their income and expenses from multiple clients or businesses. The design is well-thought-out and easy to use. The application is free, and users are not required to upgrade to pay for plans when using it.
It is important to note that Wave will charge you for processing payroll and accepting online payments. The application allows the user (you) to manage expenses and income. Multiple users can access your data, and you can connect as many credit and bank cards as you wish at no cost. Other important Wave features are:
Generation of key financial statements Access through mobile apps for both iOS and Android users To get Wave, you should visit the Wave website. To access all the above feature, you will have to enter a few details to create your user ID.
Wave is a fully web-based free service that allows businesses to do everyday accounting online. It also offers users the option to download the mobile invoicing app. Another great feature that Wave offers is running multiple businesses in one account.
Businesses have the option to either separate bookkeeping and banking tools or integrate them. This free accounting service has no hidden costs and is relatively simple to set up. To start up all that’s required is a quick signup.
Wave accounting has a wide range of features that is extremely useful. It’s user-friendly and easy to navigate, which saves lots of time. You can do the following things on this free accounting software:
- Add additional users from your team to the system
- Track unlimited income and expenses
- Generate annual financial statements
- Create tax categories for income and expenses
- Unlimited bank and credit card connections
- Run reports on overdue invoices, bills, cash flow, profit and losses
- Track performance on the dashboard
- Payroll management
Security is maximized to ensure that all data is safe and secure. Wave is PCI Level-1 certified and all data connections are encrypted.
FNB Instant Accounting
FNB offers their accounting software for free to all their business banking clients. This software was designed to simplify bookkeeping for those with little to no accounting knowledge. FNB Instant accounting automatically generates income statements, balance sheets and VAT.
The key features of FNB Instant Accounting include the following:
- Run and download reports onto excel
- Revise budgets
- Generates debtors aging analysis reports
- Allows users to manually assign transactions
- Creates rules for all assignments
- Imports data from bank statements to the general ledger
- Basic ability to generate customer and supplier invoices
A massive pro to using this software is that all data is automated. This means that all finances will be accurate at any given moment. The downside to FNB Instant accounting is that it does have a few limitations. The accounting software does not manage sales items and stock management. It also has a very basic invoicing feature, which might not be ideal.
To register for FNB Instant accounting, log on to www.fnb.co.za. Under the “accounts” tab click on the left side of the screen and select “instant accounting”. Click on the tab “Log off and Access Instant Accounting”. Next, complete the registration and get started.
Sage Accounting
The Sage Accounting bookkeeping software is one of the most reputable on the market. Unfortunately, they do not have any free trials. The cheapest ‘Start’ pricing starts from R1887 per year and the Full Bundle pricing starts at R3510 per year.
Sage Cloud Accounting allows users to run their businesses wherever they are at any time. The software also runs on the mobile app, which is a huge advantage.
Some of the features of business accounting include:
- Payroll/Payments Integration
- Cloud Document Storage
- Sage Capture and Invoicing
- Direct Bank Feeds
- Business reporting- use the standard report templates or create your own
- Accept payments using reliable payment solutions
- Includes a general ledger
- Send out quotations
- Invoice clients
- Purchase orders
Xero accounting software
Xero accounting software offers businesses a 30-day free trial to try out all their features. Thereafter, users have the option to choose from three packages; Starter, Standard and Premium. The Starter package is around R3500 per annum, Standard is R5300 and the Premium package costs R7100.
This accounting software interface is based online, with everything in one place. Users can sync bank information on the software for easy access to financials. Daily transactions flow directly in Xero so that funds reflect the same day. Xero also offers project tracking functionality with an open API and project management software integrations.
Xero offers a wide range of features that is essential for every small business. Here are the key features it offers:
- The software can send invoices from mobiles and desktops
- Keep track of all orders and deliveries through the purchase order software
- Create and send quotes instantly
- Inventory tracking software allows users to keep track of all items that are bought and sold
- Accept online payments through a number of payment gateways
- Reporting
- Calculate VAT returns in requirement with SARS
SlickPie
The free accounting software SlickPie is also worth looking into for your small business finances. The free version of this accounting software allows for unlimited automated receipt entries, 10 different companies on one account, and email support. It also allows you to create quotes and estimates that can easily become professional invoices. SlickPie also allows you to connect your PayPal and Stripe accounts for free. That means customers will be able to fulfill their invoices with card or PayPal payments online—and you’ll simply have to pay the standard transaction fees that PayPal and Stripe charge.
One feature that this free accounting software seems to be lacking is reports—the SlickPie website doesn’t highlight any built-in reporting capabilities. If you’re hoping to extract valuable, high-level insights from your accounting software, then you might want to consider options other than SlickPie.
Conclusion
We have free accounting software available in windows and android that you can use to manage your business.It is designed to meet the requirements of small business owners in South Africa and offers the best financial management information at a very affordable price.