1. Tally ERP 9
• Headquarters: Bangalore, Karnataka
• Founder: Shyam Sunder Goenka, Bharat Goenka
• Operating system: 32-bit OS- Microsoft Windows XP-SP3. 64-bit OS- Microsoft Windows XP-SP2
• Size: 256 MB RAM.
Features:
• Replace accounting codes.
• Individual bill tracking.
• Integration of ledgers.
• Control, audit, and budgeting.
• Multiple currency support.
Tally is preferred because it is easy to use, has no codes, execution in real-time, operates at high speed, and has full-proof online help. Tally ERP 9 supports multi-languages. The software handles accounting, inventory management, order management, tax management, payroll, banking, and many such requirements of the business.
2. QuickBooks India
• Headquarters: California
• Founder: Scott Cook and Tom Proulx
• CEO: Sasan Goodarzi
• Operating system: Windows
• It is developed and marketed by Intuit.
Features
• Ease of managing reports and finances.
• Quick and easy inventory management.
• Easy to define user roles and permissions.
• Easy tracking of sales and customers.
• Streamlined employee.
• Payroll management
QuickBooks offers on-premises accounting applications. It provides cloud-based versions that accept business payments, manages and pay bills, and payroll functions. The great advantage of using QuickBooks is that it makes it easy to stay on top of your business finances. This software can simplify work flow and communication between accountants and multiple clients.
3. Zoho Books
• Headquarters: Chennai, Tamil Nadu
• Founder: Sridhar Vembu, Tony Thomas
• CEO: Sridhar Vembu
• RAM required: 1GB-2GB
• Operating system: Windows Server 2012
Features
• Accounting.
• Invoice templates.
• Online payments.
• Expense management.
• Inventory management.
• Contact management.
• Sales management
• Versatile reporting.
• Collaborative client portal.
This software manages your finances, keeps your GST compliant, automates business workflows, and helps you work collectively across departments. It is a cloud-based accounting solution suitable for small organizations. It is an end to end accounting software for your business.
4. Marg ERP 9+
• Headquarters New Delhi
• Founders: Thakur Anup Singh, Mahender Singh, Sudhir Singh
• Operating system Windows
• CEO: Krishnam Raju
• Ram required: 2GB-4GB
Features
• Label banking integration.
• Label customer management.
• Label financial management.
• Label inventory management.
• Label manufacturing.
• Accounting.
• Email integration.
• Budgeting.
• HR and payroll.
• Multi-currency.
With this software, the user can easily maintain inventory and accounts.
With thousands of reports and setup, the user can filter the reports as per the requirement and can export them in an excel sheet. The user can also maintain accounts with security. Marg is an amazingly simple and fastest inventory and accounting software for small businesses, and it handles multiple customers by allowing holding the current invoice. It is available on an affordable price and is one of the most popular ERP software.
5. Vyapar
• Headquarters: Bangalore
• Founder: Sumit Aggarwal
• CEO: Sumit Aggarwal
• Operating system: Windows
• RAM required: <1GB
Features
• GST business accounting software.
• Share invoice.
• Manage stocks.
• Make estimate bills.
• Generate GSTR reports.
• Track unpaid invoices.
• Send payment reminders.
• Collect payments directly online using UPI payments.
It is the only business accounting, invoicing, and inventory app for small Indian businesses, that lets you manage invoices/receipts, estimate payments, inventory, and clients. It is complete GST filing software with state-of-the-art updates so that the tax deducted during billing is not inconsistent.
6. myBooks
• Headquarters: Marlborough
• Founder: Rajeev Agarwal
• CEO: Rajeev Agarwal
• Operating system: Android 2.3.3, Windows.
Features
• Automated Bank feeds.
• Multi-currency transactions.
• Invoicing.
• Dashboard and Analytics.
• Purchase orders.
This software provides an analytics dashboard that helps users to set and monitor accounting indicators. It offers a bank reconciliation feature that allows businesses to connect a bank account and view transactions and care summary in real-time. It is easy to use online accounting software for small business owners. This powerful online accounting software helps you manage your finances. Business owners can create invoices and quotes. Bills and expensed are also managed with this software, thus making the work easy for the business owners.
7. Busy Accounting
• Headquarters: New Delhi
• Founder: Dinesh Gupta
• CEO: Dinesh Gupta
• Operating system: Windows, Mac
Features
• Bonus, loan, and advances management.
• Email integration.
• HR and payroll.
• Invoice.
• Manufacturing.
• Multi-location.
• Multiple companies.
• Online document storage.
• Payroll management.
• Taxation management.
• Product database.
• Web-based reporting.
• VAT/ CST/ GST reports.
The software allows thorough GST compliant bookkeeping and accounting features for accurate management of expenditures and transactions. It allows users to register their business on the GST portal. Busy accounting software has access to the GST identification number database.
8. Logic
• Headquarters: New Delhi
• Founder: Swarndeep Singh
• CEO: Swarndeep Singh
• Operating system: Windows.
Features
• Label barcode integration.
• Label financial management.
• Label investment.
• Label mobile support.
• Label product database.
• Label warehouse management.
• Loyal customer wise scheme validation.
• Robust, rigid, and user-friendly billing system.
It is a complete retail and wholesale software. It is suitable software for billing inventory and accounts functionalities. Logic ERP offers clients a single information solution that includes point of sale and in-store management. It also performs accounting, payroll, warehouse, and manufacturing tracking duties.
9. Giddh Software
• Headquarters: Indore, Madhya Pradesh
• Founder: Shubhendra Agrawal
• CEO: Shubhendra Agrawal
• Operating system: Windows 10, Windows 7/8, Mac
Features
• Bank Reconciliation.
• API Integration.
• Analytics and Reporting.
• Billing and invoicing.
• Dashboard.
• The software has excellent online security measures to ensure protection from hacking and data theft.
This software offers a suite of online accounting software and tools. It is cloud-based accounting software. Giddh accounting offers you analytical tools that enable you to have a sharp vision of your accounts. Filing GST return is effortless with this software.
10. Sage X3
• Headquarters: England
• Founder: David Goldman, Paul Muller, Sir Graham Wylie
• CEO: Steve Hare
• Operating system: Windows, Unix, Linux Red Hat
Features
• Manage multi-site inventory.
• Complex distribution.
• Scanning and bar-coding.
• Serialization.
• Lot tracking.
• Shipping automation.
• Stock level alerts.
• Workforce management.
Sage X3 is a cost-effective end-to-end ERP that brings together all of the organization’s operations under one enterprise management solution and database. It is easily accessed online through on-premise or cloud hosting. It incorporates business processes into one unifying software design. Its powerful enterprise management solution supports an organization’s unique needs with a design that’s intuitive and easy to manage.
