Tools of Accounting is the best software for SME accounting needs in India. It offers more than 200 functionalities for the effective management for businesses. Tools of Accounting Software is a client-server accounting solution, which allows you to access your data from anywhere at anytime over the internet.
Tools of Accounting Software is a Work-at-home accounting software in India that provides you with complete training, tips, tricks and unlimited support too. Tools of Accounting Software provides best accounting software India like Tally ERP 9 and others. The advanced solutions are provided to you free of cost.
sage One
sage One is a cloud accounting and invoicing software for small business owners, as well as for accountants and bookkeepers. Use it to:
- Connect your bank and all data will be added automatically, so you can see it at a glance
- Keep track of all your quotes, estimates, invoices, and statements
- See how much you’re owed and keep track of any overdue payments from clients
- Calculate and submit your VAT returns easily
- Cashflow forecasts to help you estimate future earnings for your business
- Keep a record of all your inventory
- Reporting for your profits and losses, balance sheets and other useful reports
Plus, you can add multiple users to your account to collaborate, as well as your accountant.
Zoho Books
Zoho have an impressive selection of tools for business owners, including Zoho Books – an online accounting software for small business owners who want to grow.
Some of its best features include:
- Easy invoicing – you can send your invoices to clients more easily, so you can get paid as soon as possible
- Keep track of all your expenses, as well as organise them with categories
- Monitor bank transactions and get real-time updates on your cash flow by connecting your bank account
- Enable inventory tracking to make sure you’re on top of the ins and outs of your business goods
- Reporting features for your finances: P&L, balance sheet, and cash flow statement
- Use the client portal to collaborate with customers for estimate approvals, accepting bulk payments, and even for getting customer feedback
Zoho Books also integrates with other Zoho tools (CRM, Zoho Expense, Zoho Subscriptions, and so on), as well as with tools like PayPal and Stripe Payment.
FreeAgent
FreeAgent is an accounting software designed with small businesses in mind; basically, all the features you need to keep track of your finances, more easily:
- Easily send estimates and invoices to clients and avoid late payments
- Upload photos of all your receipts for easy bookkeeping of your business expenses
- Connect your bank account so you can see all of your transactions on the dashboard, in real time
- Monitor your cash flow using the main dashboard and see exactly when you need to pay any tax bills
- Time tracking – see exactly how much time you’re spending
- You can fill and file your Self Assessment tax return using the FreeAgent app
- Get forecasts for your Corporation Tax
- Automatically generated VAT returns that you can file more easily
BigTime
BigTime is a feature-rich billing software designed to streamline not only the billing cycle but also the processes surrounding it such as budgeting and resource management. Made for businesses of all scales, the platform offers specific solutions for industries like accounting, legal, IT services, and government contracting. Besides billing and invoicing, its notable features include time tracking, reporting, resource allocation, and project management. As such, users like accounting and marketing firms can streamline their workflows and receive real-time insights.
Furthermore, BigTime integrates with many widely-used applications. This means data can easily be migrated and processed from one software to another, thus simplifying and speeding up work. It integrates with sales and accounting platforms like Quickbooks, Sage Intacct, Jira, and Salesforce.
Why is BigTime suitable for medium-sized businesses?
Efficient billing. BigTime turns what used to be a cumbersome process into a convenient one with its wide range of billing features. It lets you apply flexible billing rates, provides customizable forms, incorporates various billing formats, and has a work-in-progress management tool that helps you manage your office’s unbilled time. It also automates the calculation of rates, hours, and expenses.
Intuitive time tracking. The platform is equipped with a built-in time tracker that lets you monitor the duration of projects, tasks, pay items, and labor code entries. Applying changes to entries is easy since the timesheets are customizable. Searching for entries is likewise convenient with its smart lookup fields that automatically populate possible results.
Convenient invoicing. BigTime provides a variety of customizable templates so you can design them according to your company’s and clientele’s preferences. You can also choose the items featured by invoices as required by your industry and nature of work. Moreover, the calculations are automated, reducing the risk of human error.
Effective project management. Tasks and budgets can be promptly monitored through BigTime’s project management tools. The platform lets you assign rates per task, which account for various budget entries, due dates, and the estimated times of completion. What’s more, BigTime lets you leverage Gantt charts so you can visualize project timelines and find areas in which productivity can be increased.
Superb resource allocation. Besides helping managers delegate tasks, BigTime ensures that each task is assigned to the right people and those who are currently available. With its utilization dashboard, you can track the utilization of your staff and see if more people are needed to take on a project.
How much does BigTime cost?
BigTime comes with three reasonably priced packages, starting with the Express plan which costs $10/user/month and contains basic functionalities. The highest tiered plan (Premier), on the other hand, charges users $40/user/month and includes all the features and premium support.
GoDaddy
Established in Baltimore, Maryland, in 1997, GoDaddy is a big name in the web hosting and website creation space, but it also offers accounting software for small businesses.7 It has tools to automate and organize your bookkeeping and accounting solutions and requires no prior accounting knowledge. You can automatically create and send invoices, accept online payments, and view business reports.
We chose GoDaddy as our best accounting software for an e-commerce business because this is exactly what the software is designed for. It’s made for e-commerce sellers, so you can get started in a few minutes, and it syncs to Amazon, Etsy, eBay, PayPal, and more. Keep in mind that GoDaddy is great for online sellers, but may fall short if you’re a small business looking for comprehensive accounting solutions including automation, tax forms, and payroll.
GoDaddy’s features include:
- Syncing with online retailers
- Online payment processing
- Track sales and expenses
- Create and send invoices
- Recurring invoices
- View business reports including profit and loss
GoDaddy’s pricing is tiered as follows:
- Get Paid: Starts at $4.99 per month and includes invoices and estimates, accepts payment from your smartphone, tracks mileage and time, and current-year business reports
- Essentials: Starts at $9.99 per month and includes everything from the Get Paid tier plus unlimited business reports, automatic credit card imports, and sales data imports
- Premium: Starts at $14.99 per month and includes everything from the Essentials tier plus recurring invoices
Xero
Pricing: Starts at $11/month
Xero lets you get financial performance reports sent straight to you, and connect your bank account for a seamless experience. If you need payroll services, you’ll have to use them through Xero’s partnership with Gusto. And if you value live support, you should probably look for another provider.
Best for Businesses That Conduct Their Business on the Go.
One of Xero’s most impressive characteristics is its mobile experience, making it an excellent option for businesspeople who work on the go. The software allows you to send custom invoices, track inventory, and create purchase orders to attach to bills — all from your phone or tablet.
Kashoo
Pricing: Starts at $20/month
Kashoo is a solution that offers powerful functionality at a reasonable price. Among the software’s features are automatic reconciliation, categorization using machine learning technology, and income and expense tracking.
Best for Businesses Looking for a Simple Solution
Perfect for small businesses searching for a truly simple solution, Kashoo offers plans and features that can accommodate any small business’s needs. Its functionality is straightforward but effective, and its pricing structure allows for unlimited users at a relatively low price point.
AccountEdge Pro
Pricing: Starts at a One-Time fee of $149
AccountEdge Pro provides double-entry accounting tools — from time billing and reporting to inventory — that are customizable and optimized for desktop users. The program is also available for a one-time fee, potentially saving you a lot of money down the line by avoiding subscription costs.
Best for Businesses That Don’t Necessarily Need a Mobile Option
If a lack of a mobile option isn’t a deal-breaker for you, AccountEdge could be just what you need. As I mentioned, the software is designed specifically for desktop users — and that experience is extremely solid — but you can’t take AccountEdge with you on the go. That said, there’s a cloud-collaboration option available for purchase that gives you mobile flexibility.
Conclusion
Tools of Accounting is best accounting and invoicing software for small business owners in India. Our accounting software is so simple to use , you can learn it in 5 minutes and start your business with it. Our accounting software includes invoice,accounts, CRM, bookkeeping etc.