There Are Many Accounting Software Products For The Indian Market Offering Various Services At Different Prices. Small Businesses Have Simpler Transactions Than Huge Companies, So They Don’t Require Complex Software. So, You Have To Choose Software According To Your Needs That Fulfils Your Requirements. Here Is A List Of The Top 5 Accounting Software Programmes In India.

1. Tally

• Tally Is A Powerful And Popular Software Programme In India That Has Been Around For A Decade. It Is Popular Among Small Businesses And Accountants.

• There Have Been Many Updates To The Tally Software Over The Years. The Latest Version Of Tally ERP 9 Is Licenced For Single Users And Costs Around Rs. 21,000 Per Year, Whereas The Multiple User Version Costs Rs. 62,000 Per Year.

• There Are Many Functions Of Tally; Here Are Some Top Features: Invoice Creation, Ledger Creation, Automatic Bank Reconciliation, Cheque Printing, Estimate Of Cost, Profit Analysis, Quick Reports, Etc.

• GST Is A New Change In The Indian Tax System Where Tally ERP 9 Makes It Easy To File An Error Free GST Return.

Here Are The Pros And Cons Of Tally ERP 9:

• Pros: Good Software For Massive Businesses With High Acceptability.

• Cons: Expensive And Hard To Learn For Newbies.

2. Zoho Books

• Zoho Books Is Quite Famous In India For Accounting Software

• Zoho Books Is Famous For Its Customer Relationship Management; However, It May Be Confusing For Indian Accountants Because Of Its Confusing Pattern.

• From Maintaining Sales Orders To Keeping Huge Ledgers, Many More Accounting Tasks Can Be Done Through Zoho Book. Here Are Some Top Features: Inventory Tracking, End-To-End Accounting, Smartphone App, Making Reports Including Sale Reports, Inventory Reports, Profit And Loss Reports, And 50+ More Reports, Tax Compliance, Creating E-Way Bills, 14-Day Free Trial, Etc.

• Zoho Book Is Compliant With GST, So One Can Easily Fill Out Returns.

Here Are The Pros And Cons Of Zoho Books:

• Pro: Anywhere Access With Good Support At A Reasonable Price.

• Cons: It Is Hard To Set Up And Learn Because It Has An Accounting Concept.

3. Busy Accounting Software

• Busy Is One Of The Top Online Accounting Software Programmes In India, Developed By IT Professionals.

• Busy Is Mainly Famous For Its Inventory Features.

• There Are Three Versions Of The Busy: The Basic Version For Rs. 7,200, The Standard Version For Rs. 13,500, And The Enterprise Version For Rs. 16,800, Respectively.

• Busy Provides A Single-User And Multiple-User Version, So It Is Helpful For Both Small And Large Businesses.

• Here Are Busy’s Top Features: Inventory Management, Stock Management, GSTIN Automatic Validation, Cloud Compatibility, Bill Generation And Bill Printing, Cloud Compatibility, A Summary Of Annual GST, Multi-Currency Accounting, Creating GST Invoices And Reports, Making MIS Reports, Etc.

Here Are The Pros And Cons Of Being Busy:

• Pro: This Software Provides Good Inventory Features With Wide Acceptance.

• Cons: Typical Concept.

4. Quickbooks

• Quickbooks Is Available In Online Mode.

• Quickbooks’ Indian Version Costs Around Rs. 4,999 Per Year.

• Quickbooks Is Famous Among Freelancers And Small Businesses.

• One Important Feature Of Quickbooks Is That It Can Automatically Allocate Data From Linked Bank Accounts.

• Here Are Some Of The Best Features Of Quickbooks: Live Bookkeeping, Sale Tracking, Invoice Features, Payment Reminders, Time Tracking, Inventory Records, Sale Receipts, Tax Reports, Chat Support, Integration With Paypal And Square, Payroll Processing, Etc.

Here Are The Pros And Cons Of Quickbooks:

• Pro: Quickbooks Provides Anywhere Access With Rich Features And Good Support.

• Cons: It Has A High Price And Is Also Hard To Learn Because Of Its Usability Concept.

5. Marg

• Marg Is Window Software Mostly Used In Sectors Like Pharmacy, Jewellery, Etc.

• Marg’s Lifetime Version Costs Around Rs. 7,000 With Unlimited Companies.

• Here Are Some Top Features Of Marg: Online Payments, GST Invoicing And Reporting, GPS Tracking, Mobile Application With Cloud Compatibility Automatic Reconciliation Of Bank GST Transactions, Encoding Barcodes, Etc.

Here Are The Pros And Cons Of Marg.

• Pros: Marg Is Easy-To-Install Software At An Affordable Price.

• Cons: Marg Is Hard To Learn For Newbies Because Of Its Us Concept.