What is Accounting Software?

Accounting software is a solution to process business accounting transactions, manage multiple accounts, file taxes etc used by business owners, accountants, tax professionals & bookkeepers. Accounting software helps in simplifying business processes & keep you on top of your finances. Here are the important features, benefits & more to consider before selecting the accounting software.

 

Start your free trial!

 
Please enable JavaScript in your browser to complete this form.

Empowering BusinessesEnabling Better India Through IT

Features at Glance

Internal Audit

Indian Erp Accounting software automatically validates the data for any errors and gives alerts during the internal audit. It also validates GSTIN of the suppliers to file 100% error-free returns

Tax Clubbing

Automatically club together both input & output tax of a particular month and further pass a general entry at the end of the month required for GST Payable

GST Reports & Return Filing

Create GST Invoices & Push transactions into GSTN portal in Excel, JSON or CSV Format & File GSTR 1, GSTR 2, GSTR 3B, GSTR 4, GSTR 9 directly from the software

GST Ready Invoices

Generate GST compliant Invoices in few seconds, track invoice payments, follow-up, send reminders & get paid faster. Improve Billing Speed by 40% with shortcuts & advance features

e-Invoicing

Upload your B2B transaction invoices authenticated by Invoice Registration Portal (IRP) of Registered Party’s Credit & Debit Note on the GSTN portal electronically & reconcile directly

Online Banking

Integrated with ICICI Bank, make payments and import your bank statements directly inside Indian ERP. Manage all type of bank transactions i.e. NEFT, RTGS etc. Enjoy Auto-Bank Reconciliation with 140+ Banks

TDS/ TCS

Indian Erp Accounting software provides the most simple & user-friendly interface for filing 100% error-free TDS/ TCS returns online as per the norms of TRACES and CPC, India

Advanced Reporting

Get all financial reports at one place to analyse the numbers and make informed business decisions with advanced support functionalities like report sharing, scheduling, and customization etc

Data Security

Highly encrypted 7 Layer Data & Ransomware password protection system with user access rights management. Copy & Server Protection with Data Restore Facility to keep your data safe and secure

How indian Computer Technology Accounting Software will benefit your business?

Why Choose indian Computer Technology Accounting Software For Your Business?

 

Know more about Indian Erp

  • Multi Rate, Price List, & Discount
  • Cash / Credit / Split Invoice & Challan
  • Sales Return & Replacement on Sale Bill
  • Party Wise Rate, Discount and Scheme
  • Salesman / Route / Area Wise Bills & Reports
  • Indication for Loss, Min, Max, New / Old Rate & Expiry
  • Negative Stock Billing Facility
  • Self-Designed Price List (Set Formula in Price List)
  • Sales Return on Same / Separate Bill & Its Adjustment
  • Back Date Stock Position at the Time of Billing
  • Switch Over from Bill to Bill Anywhere
  • Godown Wise Billing & Stock Position
  • Bill Import / Export & Message on Bill
  • Auto Calculation of Levies & no Chance of Manual Mistake
  • Display last four Deals at the Time of Billing
  • View O/s Stock, Ledger. Last Deal of Sale & Purchase Returns, Receipt Payment Bill Modification at the Time of Billing
  • Counter Sale Entry Provision
  • Party History Dashboard on Party Selection
  • Provision to Load Item from Other Bill
  • Display Last 4 Deals at the Time of Purchase to Cross Check Rate Deal, Disc Tax & Cost
  • Purchase Planning & Purchase Order Management
  • Supplier Wise Various Outstanding Reports & Remainder
  • Pending DR / CR & Replacement Notes
  • Auto Barcode / Label Printing from Purchase Bill
  • Fix Sales Rates & Deals at the Time of Purchase
  • Online Shortage Management
  • Purchase Costing Comparison
  • 1000’s of Purchase Reports & Analysis
  • Online / Softcopy Purchase
  • Items Wise Double Percentages Discounts
  • Item Wise Double Volume Discounts
  • Four Different Discounts on Complete Bill
  • Party Wise Discounts & Schemes Pre-Fixing
  • Data Wise Schemes, Quantity Based Rate & Discounts
  • Various types of Schemes, Like A Item Free with B Item Etc.
  • Accounts Vouchers & Cheque Printing
  • Receipt/ Payment Advice
  • Sales / Purchase Invoice, Estimate A7 Challan
  • Sale / Purchase Return Replacement & Price Difference
  • Debit Note/ Credit Note
  • Sales Orders / Purchase Order
  • Bank Pay in Slip & TDS Certificate
  • Stock Transfer Memo
  • Delivery Note, Goods Receipt Note & Dispatch Summary
  • Tax Inclusive, Exclusive & MRP Billing
  • Multiple –taxes in Single Invoice
  • Manufacturing / Trading Excise Invoice
  • Export Invoice & Packaging Slip
  • Option for Pre-printed Stationary
  • Self-Designable Invoice Format
  • Cash Flow, Funds Flow & Ratio Analysis
  • Budgets / Targets / Credit Limits
  • Online Graph, SMS & E-mail
  • Any Report Export to Word & Excel
  • Sales / Purchase Analysis
  • Gross Profit Analysis
  • Financial, Expenses & Budget Analysis
  • Operator Wise Powers & Boundations with Operator Log Book

Why is Accounting Software important for your business?

Automating Tasks

Manual data entry is tedious and prone to errors. With Indian Accounting software, minimize manual data entry work and increase efficiency in your business. Enter all required information only once and automatically access your data whenever you need it.

 
 

Simplifying Taxes

Tax calculation is tiring when done manually. Keeping track of business transactions, filing returns is actually exhausting. Accounting software makes your tax calculations & return filing easy by keeping everything at one place. You can directly file your GST returns from the software without using any third-party app.

 

Backing up Data

Accounting software makes your financial data access easy across the organization. Accounting software allows you to upload data online and directly store it in Google Drive/ One Drive making it accessible from anywhere, anytime and helps you restore the backup as per the requirement.

Integrated with Business Apps

As your business scales up, your business data only grows more complex. Integrations with Mobile apps allow you to access and work with your data using your mobile keeping you ahead of your competitors. It lets you manage orders, collect payments, check outstandings etc on the go.

Reduce Data Loss

Backing up your data is a difficult task, & if done manually it becomes prone to errors. If you don’t back up your data, you may end up losing important business data. Accounting software is designed in such a way to organize your records & retrieve them as & when required. The system provides 100% error-free data with 7 Layer ransomware protection.

 

GST RCM Statement & Eway bill

GST is an inseparable part of any business, at the same time it comes out to be very confusing for personnel without taxing knowledge. Accounting software helps you generate GST RCM statements when GST is to be paid and deposited by the recipient of Goods/ Services without having any exaggerated tax knowledge. Also, it lets you generate Single, Multiple & Bulk Eway bills to be directly uploaded on the portal during the movement of goods.

Multi-Currency Billing

Collecting payments in multiple currencies is an essential part of doing business. Especially when dealing across boundaries, so your accounting software must ensure it’s easy for you. Indian Erp Accounting Software provides you with the comfort of accepting payments in multiple modes & multiple currencies like Pound, Dollar, and Euro.

 

Inventory Management

Irrespective of business size, inventory tracking is essential for product/ goods-based businesses. From tracking your stock to placing reorders when you are running out of stock, to making inventory up to date. Accounting Software with inventory tracking helps to streamline your business operations. Indian accounting software works best here.

 

Frequently Asked Questions

Accounting software is a finance management system that assists CAs, tax professionals, bookkeepers and business owners in recording and reporting all financial transactions. The functionality of accounting system may differ from business to business. But the core functionality of accounting software is to make accounting, banking & finances simple.

 

You don’t need any extra software or tool if you implement Indian ERP system. It is a complete system to manage your accounts, banking, payments, finances etc. You only need a computer to install & start using Marg software with just simple 2-3 days training
Following are the benefits of Accounting Software
  • Simple & Fast Data Entry Process
  • In-depth consolidated financial reports
  • Reduction of manual errors
  • Saves time & efforts
  • Automatic data access
  • Auto-cloud backup
  • GST return Filing etc

The main features of accounting software are listed below:

  • Invoicing & Billing
  • Reporting
  • Bookkeeping

But what will best suit you depends on your business requirements. Also, some advanced features are available in advanced versions. Indian Comp Tech Accounting software provides all features at very affordable cost.