13.08.2018, General Finance
Did you know that you can save a lot of time and money by adhering to smart accounting? Most small business owners do not always prioritize accounting, as there are other tasks on their to-do list which seem more urgent. However, there is a reason behind accounting being a separate arm of business management, accounting enables efficiency and transparency in business operations.
Nowadays, the integration of IT solutions with business operations means that a small business owner can easily manage cash flow, invoicing and payrolls with automated accounting software.
Here we are sharing a list of best free accounting software for small businesses that you can test and deploy for your enterprise.
A popular choice among small business owners, ZipBooks simplifies accounting with an easy-to-learn interface and some powerful accounting features. The ZipBooks starter option is free and lets you create unlimited invoices for any number of vendors and customers. You can also connect your bank account to the software and manage your business’s bank account.
Developed specifically for use in India, the Marg Accounting Software is totally free to use and offers a comprehensive list of accounting features such as ledger management, cash flow control and preparing detailed balance sheets. The software also integrates various forms required by Indian Business Law for e-filing of tax returns online.
Tally remains the most popular accounting software in India. It has a free version which you can utilise to manage accounts and keep track of your finances. There are many institutions offering Tally courses in India, so using this software also gives you ready human capital to invest in.
It us a cloud based accounting software which can be accessed from any device anytime. The free version of Profitbooks allows bookkeeping and invoicing to give you accurate accounting information. You can also connect to the Profitbooks Live Chat to learn about its advance features.
This is an open-source personal and financial accounting software. Open-source softwares are community managed, hence they receive updates more frequently and a large community of devs means new features are available more frequently and bugs are removed quickly. However, open-source software may sometimes (although it’s rare) crash and cause data loss. The GnuCash is free and available for Linux, Mac OS X and Microsoft Windows.
So that completes our list for free-accounting software for small businesses in India. You can manage your finances and keep your working capital in check by switching to prudent accounting management with this software. Speaking of working capital, if you are having hard time maintaining the daily cash flow, consider getting a short term business loan. To know more about fast business loans in India, visit us at lendingkart.com