
Accounting software is a computer program that maintains accounts, including account balances and transactions. The said software is also capable of budget management, payroll processing, and financial reporting. However, sifting through all the options to find the best accounting software can be a huge hassle. This is so because accounting software can make or break your company's market and reputation. Accounting software includes an automatic backup feature and can be accessed from anywhere. Thus, it is preferable to use manual mode. Let us look into the best accounting software in India.
3 Best Accounting Softwares in India
Tally
Tally has been India's most popular accounting program for the past 20 years. It has undergone several changes over the past 20 years, with Tally ERP 9 being the most recent version. The licensed version is offered as a paid or no-cost package. For the free remote version to work, your server must always be turned on.
Pros:
- Profitable for businesses with large transactions
- Highly acceptable
Cons:
- Expensive
- Challenging to learn for an amateur
You can also read : Business Accounting and Taxation Course
Zoho Books
Initially well-known for its CRM (Customer Relationship Management), it quickly became one of India's most popular accounting programmes. This software's features include managing sales orders, tracking inventories, and e-way invoices.
Pros:
- Reasonable cost
- Highly accessible
- Better support system
Cons:
- Confusing to learn
- Difficult to set up
Marg
Marg is a Windows-based accounting programme that is readily available nowadays. It is employed in industries other than business, such as jewellery and pharmacy. It is referred to as general accounting software because it is simple to install and can be utilised in various industries.
Pros:
- Easy to install
- It can be used in various sectors
- Lifetime license
- Reasonable cost
Cons:
- Hard to learn
Conclusion
Using accounting software has been driven by a need to reduce the complexity of keeping financial records. Although the goal is simple, the best accounting software should be used for longevity. Most accounting software takes time to learn. Thus, learning it from a professional before starting the software is essential. If you want to learn accounting software like Tally ERP 9, the best accounting institute in Ahmedabad is your go-to solution. Contact care@sixsenseedu.com if you have any questions about the same.