If you own a small business and thinking about managing routine operations seamlessly with the help of software, then you must check the list of the top-rated small business accounting software that will make managing your business operations extremely simple. Want to know how? Keep on reading to get the complete details of the software that will streamline your business operations while managing and recording your financial transactions such as sales, purchases, expenses, and payments.
Top-Rated Small Business Accounting Software
A small business has ample things to track and manage including income, expenses, and overall financial health of the company. A reliable billing, accounting, and inventory software helps in tracking the correct payment, creating invoices, and ensuring automated bank reconciliation. With the help of this software, any small business can easily manage its finances by recording and analyzing transactions. Some of the amazing features of this software are:
- Tracking: You can easily track the exact income, expenses, cash flow, and mileage.
- Invoicing: It helps in creating and sending professional invoices automatically to the customer’s WhatsApp, email, or SMS.
- Reporting: It helps in generating financial reports and tax-compliant reports instantly.
- Automation: It helps in automating the workflows and data entry.
- Collaboration: It can easily collaborate with employees.
- Integration: It can connect with other systems such as e-commerce platforms, banks, and payment processors.
One of the top-notch small business accounting software is MargBooks. It features everything that can make the entire billing, accounting, and inventory process easier for business owners. Here is how MargBooks helps seamlessly manage any type of small business.
MargBooks – A Top-Rated Small Business Accounting Software
It is a cloud-based accounting and inventory management software that is specifically designed to simplify business operations for small businesses. Here’s how it helps in handling your business:
1. Easy billing & invoicing: It helps in generating GST-compliant invoices quickly and efficiently. The invoices can be customized to any format as per diverse business needs. It automates the recurring invoices for regular customers.
2. Efficient inventory management: This software helps in keeping a real-time track of the stock and automates the stock updates on time. It offers a low-stock alert to prevent any shortage in stock. It provides batch-wise and expiry management, which is extremely useful for a pharma business.
3. GST & Tax compliance: It automatically calculates the GST on all transactions. It provides the facility of e-invoicing and e-way bill generation. It simplifies GSTR filing with direct portal integration.
4. Accounting & financial reports: The software helps in automating the ledger management, ensuing bank reconciliations for accurate records, carrying out profit & loss statements, and preparing balance sheets, and tax reports.
5. Multi-device cloud access: It helps access the business data from anywhere as it works on any mobile, tablet, and desktop. It offers a multi-user login with role-based access.
6. Customer and supplier management: It helps in managing the credit limits easily so that no customer will forget to pay the outstanding payments. It sends the payment reminders to customer on their WhatsApp.
7. Easy supplier reconciliation: This software is extremely helpful in managing businesses like Pharma, FMCG, retail, and distribution.
Conclusion:-
Regardless of the size of the company, choosing the appropriate accounting software is crucial to its success. MargBooks is an industry-specific, user-friendly, and reasonably priced software that helps all kinds of businesses run more efficiently. Such highly regarded accounting software facilitates the effective automation of processes such as inventory management, expense tracking, and invoicing. This software’s easy-to-use interface keeps your company compliant and organized. Whether yours is a start-up or a well-established business, this top-rated small business accounting software is extremely beneficial.
