Accounting Software
Accounting Software

Best Accounting Software Companies | Accounting Software Solutions | Techpillar

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Zoho Books
Zoho Books is a smart online accounting software that will streamline your back office operations, automate business workflows and help you securely collaborate with your accountant online.Zoho Books is an online accounting software that will help you stay on top of your cash flow. You can track your sales and expenses, generate key financial reports like Profit & Loss, Balance Sheet ...
Xero Beautiful accounting software
By Xero
Xero Beautiful Accounting Software is a cloud-based accounting software for small and mid-sized businesses.It's product are based on the software as a service (SaaS) model and sold by subscription , based on the type and number of company entities managed by the subscriber. Xero accounting software is accessible from any computer or mobile device , making for a smarter , easier accounting process....
Wave Accounting Software
Wave Accounting Software is a web-based integrated accounting software designed exclusively for small organizations. Its total focus is on small business owners , there is no need to navigate inflated or cluttered to find what you need. With an easy to navigate interface and single login , it is easy to find what you need. Wave Accounting Software delivers the innovative financial services and awa...
Vyapar Accounting software
By Vyapar
Vyapar is a GST compatible Accounting software that helps a business owner to have a keep complete control on his business accounting, ledger, stock/inventory, Invoice creation and more, in a secure and private way. It helps a person to be in full control of his business in a very simple and user friendly way....
Tally ERP 9
By Tally
Tally ERP 9 is an accounting software that provides the comprehensive solution of every business functionalities such as Accounting , Finance , Inventory ,Sales , Purchase , Point of Sales , Manufacturing , Costing , Job Costing , Payroll and Branch Management along with compliance capabilities for VAT , Excise , TDS , TCS and GST tool. Tally ERP 9 software fits it into any business type and can c...
SlickPie is free online accounting software designed for small businesses, offering delightful and easy-to-use interface, online invoicing and billing, multicurrency, late payment reminders, bank reconciliation, financial reporting, sales tax management, document management, and more.SlickPie is focused on innovation and automation features such as automatic payment reminders and auto-recurring in...
Simplify Accounting
By Coderobotics Infotech Pvt. Ltd.
SimplifyAccounting is an Online Business Accounting solution for Micro, Small and Medium businesses written in Asp.Net MVC3.Simplify Accounting has following core features:-Impressive Dashboards :- Every module in the Online Accounting software has user-friendly Dashboard with Graphical Representations for Yearly cash Analysis, Profit & Loss Total, Top Customers, Top Items, Account Watch List ...
Saral Accounts
By Saral
Saral Accounts is an accounting software for maintenance of books of accounts of an organization. Using Saral Accounts , the user can create books of accounts of any nature of organization namely , manufacturing , trading , service or non-profit. The essence of the software is the ease with which the user can work on all aspects of the software namely , data entry , view and reports. Saral Account...
Reach Accounting software
By Reach
Reach Accounting Software is an online accounting software based in India for all small and medium sized businesses. Reach Accounting Software comes up with the features of Business dashboards , CRM , Inventory Management , Billing and Invoicing , Repair Management , Accounting and Tax Management. There are many benefits of this software.It gives multi-user access controlled by the admin -...
By Quicko Infosoft Private Limited
Quicko is an online Tax planning, preparation TDS Return, and filing software. More than 50,000 users have successfully e-filed their income tax return through our platform. It provide a quick, easy and convenient user interface.The features are as follows :-It files the income tax return in less than 5 minutes.It is the most intelligent TDS Return Filing Platform.It helps in registering the PLC ,...
ProfitBooks Accounting Software
By ProfitBooks
Profit Books is the fastest growing and amazingly simple to use online accounting software. It allows to create a beautiful invoices , track expenses and manage inventory effectively. With profit books accounting software , one can create professional estimates or invoices and track outstanding payments due with few clicks.  ...
Naapbooks Accounting Software
By Naapbooks
Naapbooks is one of the online and offline accounting software with same ease of access and security controls. We have designed its framework in a way to have the scalable operations at any point of your business expansion. NAAPBOOKS has adapted all the financial reports and statement formats keeping in view of Indian Accounting Standards and other statutory reporting laws that applies to the type...
Marg ERP9+  Accounting Software
With Marg Accounting Software you can finalize your accounts upto balance sheet through importing data from any inventory software except bill creation & modification. Moreover you can also maintain customer's account. All types of vat forms are available according to state wise and you can file e- return online. You can update your software yourself.For C.A and Accountants MARG is providing a...
Maccy Accounts
By Macrosys Venture Pvt. Ltd.
The big difference between Maccy and other accounting software is that all of the features in Maccy are there as a direct result of requests from our customers. It started in 2011 with a very, very basic product and decided to only add features that are actually requested by small business owners as opposed to things we thought might be a good idea. So we now have a product filled with lots of use...
M Profit
By M Profit Software Pvt. Ltd.
Mprofit is one of the best portfolio management and accounting management software for investors, traders, advisors, corporate, family offices and CAs to manage your stocks, MFs & other assets. It seamlessly integrates with the portfolio management section. Now there is no need to maintain two transactions, one in a portfolio management software and one in a separate accounting software, with ...
Logic Business -  Accounting software
By Logic
Logic Accounting Software is the best online accounting solution for any business. Logic Accounting Software aids a customer in its business growth by providing all the accounting based needs on single platform.  It is a application that has all the features and functionalities loaded on it. Logic Accounting Software can be deployed by following customers: Startups, S...
Kount Accounting
By Pinsoftek
Pinsoftek is an Indian IT Company for software development , website development , web hosting , web designing , search engine optimization , mobile solutions and lot many IT and IT Enabled Services.Kount - The Easiest Accounting Software - A Brand of Pinsoftek specially meant for Business Persons to manage their Account own.  It is specially useful for Small to Enterprise Companies, Do...
Intuit Quickbooks
By Intuit Quickbooks
QuickBooks is an accounting solutions designed to manage payroll, inventory, sales and other needs of a small business. The software’s features include marketing tools, merchant services, product and supplies, training solutions. Each solution is developed according to different industries and their needs.These software solutions are used to monitor expenses, create invoices and reports, track c...
Integra Trade Plus
By Century Gate Software Solutions Pvt. Ltd.
Trade Plus is a quality proven accounting software with all useful features and can be used by the 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. Trade plus follows a simple accounting procedure with receipt, payment, journal and contra vouchers. It provides day books, ledgers...
giddh Accounting Software
By giddh
giddh accounting software comes up  with following features:GST readyAdd and Manage your accounts by adding related information Export and Import your ledgersMake Invoices directly from entries24/7 Chat Support. Premium Support...
Easy GST
By Whiz Software Solution Pvt. Ltd.
An ideal solution for small businesses and accountants. The most convenient way to manage and operate all accounting transactions is Easy GST. From simple bookkeeping to invoicing the clients, it does it all for you! Being a cloud-based accounting solution, it has an amazing bunch of features.Key Features are as follows :-Financial ManagementInvoiceMulti-CurrencyMulti-User login & Roll based a...
Clear Books Accounting Software
By Clear Books
Clear Books small business accounting software is an online accounting system developed with small businesses in mind. Our accounts software is easy to use and will save you time. Clear Books is committed to excellent customer service, value for money and an open approach to business. The Benefits of Clear Books are as follows :- Professional invoices: Look professional in front of your customers....
BUSY Accounting Software
BUSY is an business accounting software for Small and Medium businesses. BUSY features include Financial Accounting, Inventory Management, Sales / Purchase Quotations, Invoicing, Taxations and many more.BUSY offers a range of accounting softwares to cater to the needs of different business segments. The primary editions offered by BUSY are Basic, Standard & Enterprise.Whereas Basic editio...
By Avalara Inc
Manually managing tax compliance requirements can be time consuming, and extremely difficult to get right. It can be expensive too - businesses can face stiff fines and penalties if they get it wrong. Automation reduces the complexity and risk, allowing businesses to focus on their primary expertise. Avalara have been disrupting the status quo in the world of sales tax management since 2004, and i...
By AccountMate Software Corporation
AccountMate Software Offers Modifiable Accounting Software for Small and Mid-Sized Businesses.AccountMate SQL Software - Specifically for businesses with high transaction volumes and heavy user loads. It can accommodate hundreds of simultaneous users, providing businesses with a comprehensive, real-time business and financial management solution. AccountMate Express Software - D...
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    What is Best Accounting Software Companies | Accounting Software Solutions | Techpillar?

    The market is brimming with different accounting software solutions that cater to the requirements of any industry or organization. Though different business accounting software solutions come with specialized functionalities to needs the needs of specific industries, there are certain core modules which are common for all.

    A core package of business accounting software is expected to serve modules like, accounts receivable, accounts payable, general ledger, payroll, fixed assets, bank reconciliation, and reporting.

    Along with core modules, specialized functionalities of an accounting software for particular businesses are, billing and invoicing, fund accounting, inventory management, project accounting, budgeting and forecasting. Prominent names in the world of accounting software are Zero Beautiful, Wave, Tally ERP 9, Saral Accounts, ProfitBooks, and so on.

    Frequently Asked Questions

    Unlike other business operations, organisations depend on a payroll supplier for training, support and help including regular updates when tax and salary structure changes, and new labor laws come into existence.

    Accounting and payroll software accelerates the time to calculate employee salaries accurately, and to make payments on time. It eliminates the difficulty in understanding the complex payroll laws and operation; thereby reducing the administrative costs.

    The market is brimming with different accounting software solutions that cater to the requirements of any industry or organization. Though different business accounting software solutions come with specialised functionalities to needs the needs of specific industries, there are certain core modules which are common for all.

    A core package of business accounting software is expected to serve modules like, accounts receivable, accounts payable, general ledger, payroll, fixed assets, bank reconciliation, and reporting.

    Along with core modules, specialised functionalities of an accounting software for particular businesses are, billing and invoicing, fund accounting, inventory management, project accounting, budgeting and forecasting. Prominent names in the world of accounting software are Zero Beautiful, Wave, Tally ERP 9, Saral Accounts, ProfitBooks, and so on.

    The necessities and demands of small-to-medium sized businesses are different from the needs of large commercial sectors. The employers need to compare the salient features and benefits of different types of accounting and payroll software before making the final selection.

    Entry-Level Software The entry-level accounting software comes with limited features. This software can perform basic financial reporting and can calculate accounts payables and receivables. It is suitable for micro-enterprises or as an addition to existing business systems. These software products are sometimes available free of any cost. The paid subscription may be necessary for the users to add advance features.

    ERP Software The Enterprise Resource Management (ERP) software comes with different industry-specific modules. It is capable of managing inventory and handling billing/purchasing tasks. It uses standard financial tools to calculate all-round financial transactions. This software can generate reports and manage customer relationship efficiently. The cloud-based ERP systems are inexpensive. Any business organization (small, medium or large) may benefit through their efficient and economic performance.

    Traditional Payroll & Accounting Software The standard accounting tools of this software can calculate everything related to payroll and employee benefits. Its tools can generate and store employee records based on detailed information. The software can manufacture and distribute reports with the help of industry-specific modules. Its drag-and-drop editor is perfect for necessary customization. Multiple users may access this software at the same time.

    While evaluating different accounting software packages, it is important to know about the current market trends.

    Shift towards Cloud A shift toward cloud computing is seen in the payroll & accounting sector. As per recent studies, four out of 16 software users are using cloud computing. The number of cloud-based software will significantly increase in 2017. The traditional payroll practices may become a full-service option through cloud computing. For example, Gusto can synchronize the data directly to the Xero Cloud in real time. The cloud-based applications make it easier for the users to access, analyze and update information efficiently.

    OCR Domination The year 2017 is witnessing the rise of Optical Character Recognition (OCR) in the payroll & accounting sector. OCR can convert images into readable and editable texts. OCR will allow accountants extract relevant texts and data from online accounting platforms. This technology is quickly turning more efficient than its 2016 predecessors. Some renowned names in this arena are Expensify, Receipt Bank and Hubdoc.

    Integration The accounting software is integrating with distribution, e-procurement and e-commerce. The latest payroll applications have in-built invoicing system. These products can incorporate seamlessly with HR systems. The financial ecosystem is now becoming essential for basic accounting applications.

    Business Intelligence The interest in business intelligence is on the rise, as it collects a large amount of data and converts them into reports. Many vendors are now incorporating business intelligence into accounting software to meet specific reporting needs of different businesses. (img source:businesswire)

    The presence of these useful features makes accounting software solutions perfect for any type of business.

    Payroll Automation The online payroll service can automatically calculate salaries, include overtimes, count holiday pays, determine shift differentials, and exclude benefits during payroll generation. The employers may use it to calculate the salary of any type of employee. It can even submit checks or perform direct deposits.

    Tax Report Filing Accounting software should help in filing tax reports and paying tax withholdings to proper authorities on time. An accounting software that helps in the overall tax calculation quickly is a great tool. It can also allow employees to fill yearly tax forms and view pay stubs and PTO balances.

    Integration with other Software The accounting software that unifies seamlessly with the existing HR software, and time-and-attendance systems can help in overall growth and improvement of an organizations. The integration with HRMS software will help the system in keeping track of applied vacations and sick hours to calculate the paid time-off.

    Inventory Management By tracking orders, sales and deliveries, an accounting software can help businesses manage inventory in a profitable manner. Companies can track inventory depreciation and fill the stock of products at the right time. This can help in maximizing profit by investing in the right stock at the right time, without any chance of over-spending.

    Budgeting and Forecasting Based on the past data, accounting software applications can provide budgeting and forecasting solutions. Businesses can predict their financial outlook in the coming period using the forecasting feature of an accounting software, and set budget for different departments accordingly.

    Billing and Invoicing Most of the accounting and payroll systems automate the process of payment collection from customers by sending them reminders through automated emails and messages. Invoices can also be generated with accuracy and on time using an accounting software.

    An automated accounting and payroll system enables organizations to process its payroll through a computerized system. There are several more benefits to enjoy from this software. Let us learn more.

    Accelerated Time Computation It is exhausting to calculate manually the working hours of employees, especially if they work in shifts, do overtime, or get hourly remuneration. A manual payroll system needs employer to collect time clock data and calculate it by hand. Often, manual computations are prone to mistakes. However, an automated payroll system enables employers to import the time clock data directly to the automated time-keeping application. The employee uses a badge or swipe card or biometrics (fingerprint) to clock in and out. This data is automatically transported into the accounting and payroll software, which then accurately computes the results. However, the payroll administrator must ensure that employee time records are appropriately imported, and check for edits in time records before processing the salary.

    Salary Calculation The automated payroll system enables accounting professionals accurately calculate the gross-to-net earnings as per the data fed by the payroll executive. Thus, the accuracy of the data is ascertained. For instance, if the payroll executive forgets to make severance pay entry into the system for a terminated employee, the payroll system will not recognize this and will not pay. The computerized accounting and payroll system executes all types of payments, such as, salaries, hourly, commissions, overtimes, bonuses, raises, deductions, taxes, wage deductions, and many more.

    Paycheck Generation This system abolishes manual paycheck writing and automatically generates paychecks. It also makes direct deposits into the employee’s bank account. It enables employers to customize the pay slip template for their employees.

    Deductions Deductions like employee provident fund, gratuity, tax and mediclaim are an important part of payroll processing. However, calculating deductions from employees’ paychecks is a time-consuming task. The payroll executive must be up-to-date with the latest tax laws to compute the deductions accurately. Often, manual calculations are prone to mistakes that lead to heavy losses for both the company and the employees. An automated payroll system calculates the withholding taxes based on current tax-rate inputs and it reduces the possibility of payroll tax errors. It saves organizations from paying tax penalties, and employees are happy too upon receiving accurate salary every month.

    Organized Recording Organizations are legally required to maintain employment tax records and payroll records for at least three to four years. This software generates and stores these records safely in an organized way.

    Notifications This software can keep its users updated about the latest changes to state or central taxes. The timely notifications also remind users of important tasks, such as, tax submissions or paycheck generations to avoid penalties.

    Cost Effectiveness The accounting and payroll software brings flexibility into the calculation and management of employee records. Anyone with basic technology knowledge can easily manage the payroll requirements with this system. The need for less labor further reduces the expenditure of an organization.

    Productivity The automated payroll system saves labor costs and resources for managing payroll. Organizations may thus use the labor and resources for other core activities to increase their productivity and the overall profit margin. Hence, it allows small-to-medium sized businesses to grow rapidly.

    Security This software saves organizations from hiring third-party vendors or agencies for payroll calculation. It prevents them from sending sensitive personal and financial information of the employees to an external vendor. If an organization deploys an automated payroll software that come with highest standards of IT security, it can keep the sensitive employee data secure. 


    Accounting software helps in managing daily financial tasks with higher efficiency. But without proper consideration, businesses may invest into the wrong software that proves to be a costly affair. Let’s have a look at factors to consider when choosing between different accounting software solutions. 

    Modules Required Depending upon their scope of businesses, companies may have different requirements from an accounting software. Companies need to note down accounting tasks that have to be performed on a daily basis, and accordingly look for modules in different accounting software systems.

    Knowledge Required An accounting software is useless if employees find difficulty in using its features. It is important to consider the education level of your employees, and accordingly search for an accounting software. A high-level accounting software that requires extensive training may not be a great option for your employees with limited technology knowledge.

    Access and Portability If you have a single business location, an on-premise accounting software will be sufficient for your employees. But, if your business operates from multiple locations or you do not have a robust IT infrastructure, then the access to data for employees from anywhere would be impossible with an on-premise accounting software.

    Cloud-hosted accounting software can help such businesses with multiple work locations by providing secure data access to users from anywhere via internet.

    Benefits The accounting and payroll software expedites and simplifies the tasks of calculation and management for accountants, HR managers and employers. The shift toward Cloud computing is enhancing the accessibility and usability of payroll systems. The integration with HR software and other useful applications is further increasing the efficiency of accounting and payroll systems. Companies can increase their productivity and profit margins through the latest payroll and accounting systems.

    The main difference between the cloud and desktop accounting software is very generic. In order to use the desktop accounting software, one have to install in the computer and run it there and all the data related to accounts will be stored in the computer itself.

    On the other side Cloud Accounting Software runs in the cloud only. There is nothing to install on the computer to access the software. The process follows from visit the website, sign in with username and password. It simply means, cloud accounting software can be used virtually from any computer (usually from tablets and smart phones), where there is an internet connection. Traditionally, all accounting software ran on the desktop. And although desktop packages are still available, there's been a significant shift to the cloud.

    Today’s trend of the market follows the small and medium-sized companies which prefers the cloud versions of accounting software and the companies that make the software are focusing on developing and improving these cloud packages.

    Cloud accounting software tends to be more user-friendly and requires less technical expertise to set up. This makes it a popular choice.

    All the data is stored on the software provider’s servers. It offers a number of advantages over traditional desktop accounting software. The main benefits of using cloud accounting software are as follows:-

    1. The cost is more manageable: - The cost of the cloud accounting software is more manageable as there is a provision to pay the amount on a monthly basis. This doesn’t necessarily make it cheaper than paying a one-off fee for desktop software, but it does allow to split the money and the overall cost.
    2. Access from anywhere:- The accounting software can be accessed from anywhere with the use of the internet connection. The data can be accessed from anywhere at anytime.
    3. Usually have Mobile App:- Most of the accounting software packages offers apps for smart phones and tablets. This make it easy to carry out key accounting tasks on the finger tips.
    4. There are fewer management overheads:- With no need to install software onto a computer or server , there in no need to keep it updated , either. The software provider will talke care of this as well as providing support and handling backups.

    Yes, Online Accounting Software is completely safe and secure. Desktop installed software is lesser safer than cloud accounting software because in installed software, there is a possibility of data lost due to system crash and external damage.

    On the other way, in Cloud accounting software, data is backed up regularly in the cloud. So, there is no loss of data. Moreover it is one of the encrypted and secured platform.

    Accounting Software is used to keep records of transactions (account receivable and payable) , payroll.

    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.

    The features of ideal accounting software are :-

    - Billing & Invoicing

    - Quotation & Estimates

    - Production Management

    - Taxation Handling

    - Inventory Management

    - HR & Payroll

    - Multiple Currency

    - Outstanding Handling

    - Payment & Expense Handling

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