25 Best Accounting Software in India 2023
Finding the best Accounting Software for your business is now faster and easier! Compare prices, reviews, features, and get a free consultation to find the perfect software.
What is Accounting Software?
Accounting software is an application that helps in storing and managing accounts as well as in performing arithmetic or accounting operations.
List of 25 Best Accounting Software
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Software by Tally Solutions Pvt Ltd
Use the advanced and automated accounting solution by downloading TallyPrime. This inventory management and integrated business management software makes your accounting operations error-free & efficient. The customized version of this accounting solution is al... Read more
Starting Price: Available on Request

Software by MProfit Software
Mprofit is one of the best portfolio management and accounting management software for investors, traders, advisiors, corporates, family offices and CAs to manage your stocks, MFs & other assets. Read more
Starting Price: $69.44 Per Year

Software by Online Check Writer
The best check printing software in the Nation. Cloud-Based. Military grade security. Set up in Minutes, print professional personal or business check at home or business. Print deposit slip. Read more
Starting Price: Available on Request

Software by Vyapar Tech Solutions
Experience the convenience of managing invoice and billing processes through Vyapar software. Strengthen the billing system of your SME with this easy to use accounting software. It is beneficial for smooth GST billing operations. Read more
Starting Price: Available on Request
"Best billing, accounting, user management and Inventory management app. They added user management on request" - Yashwant

Software by Zoho Corporation
Manage your finances with ease by using Zoho Books, the best online accounting software. This software automates business processes and makes inventory management hassle-free. Invest in this modern accounting solution to empower team members. Read more
Starting Price: Available on Request

Software by NetSuite Inc.
Oracle NetSuite ERP is the world's #1 cloud ERP, providing a single unified platform in the cloud to streamline all back-office processes, like accounting, CRM, and ecommerce. Read more
Starting Price: Available on Request

Software by Busy Infotech
An integrated bussing accounting and management solution, BUSY is a one-stop solution for your financial and payroll needs. It offers multi-location inventory, multi-currency support, order processing capabilities, and helps you make informed decisions. Moreover, i... Read more
Starting Price: Available on Request

Software by Merrchant
Merrchant's portal covers every application, from accounting, invoices, bills, payroll management, the point of sale, Bank account reconciliations, e-mail, HRM, CRM, purchase orders, quotations, customer management and everything else. Read more
Starting Price: Available on Request

Software by Azentio Software Pvt Ltd
The comprehensive solution, Orion ERP ensures optimization of business processes. It is the trusted software for HR management, inventory management and other recurring functions of an organization. The ease of use makes this Hr solution resourceful. Read more
Starting Price: Available on Request

Software by Nimble property
Nimble Property is a comprehensive tailor-made accounting and analytics solution for the hotel industry to provide insights and visibility into both financial & operational data in real time. Read more
Starting Price: Available on Request

Software by Marg ERP Ltd.
Marg's fastest and advanced, GST Ready Accounting Software for SMEs can manage account payables and receivables efficiently. It generates invoices and reports in 1000s of formats, Auto-Reconcile bank transactions with 140 banks and bring online payment options ... Read more
Starting Price: Available on Request

Software by Easy Accountax
An ideal solution for small businesses and accountants! The most convenient way to manage and operate all accounting transactions is Easy Accountax. From simple bookkeeping to invoicing the clients, it does it all for you! Being a cloud-based accounting solution, i... Read more
Starting Price: Available on Request

Software by NetSuite Inc.
Oracle NetSuite CRM delivers your business with powerful front-office capabilities in a single, cloud-based CRM solution. Seamlessly integrates with accounting, e-commerce and warehousing. Read more
Starting Price: Available on Request

Software by FloBiz
My BillBook is an easy GST Billing & Inventory management app for wholesalers, distributors & retailers to manage their day to day business. My BillBook helps the users to create and share bills (through Whatsapp), make quotations, send payment reminders to... Read more
Starting Price: Available on Request

Software by Horizon Technology Solutions
Simple Billing software with complete inventory and accounts modules. It's fast, reliable and easy to maintain. Ideal for businesses that have a large number of invoices and deals in 100's of SKU's. Typically used by distributors, retailers and small ma... Read more
Starting Price: Available on Request

Software by Intuit Inc
QuickBooks is an online accounting software for business owners to make stay on top of their finances. Easy to use interface, 100% data security and features such as Online bank connect and Whatsapp integration helps business owners to focus on growing their busine... Read more
Starting Price: Available on Request

Software by Hyper Drive Solutions
HDPOS is the best accounting software. It has ease of use and nice interface. It is a Windows based Billing, Inventory Management and Accounting Software and it easly Install on single computer or multiple Terminals. Read more
Starting Price: Available on Request

Software by Relyon Softech Limited
Saral is one of the top accounting packages for India. It very efficient for maintenance of books of accounts of an Organisation. Signup for a free account to download Saral Accounts. Read more
Starting Price: Available on Request

Software by GOFRUGAL
GOFRUGAL is the only complete digital solution provider to retail, restaurant and distribution business. With over 14+ years, they have acquired 25,000+ customers across 60+countries. It has the largest product portfolio like - Desktop POS, Cloud POS, Mobile apps. ... Read more
Starting Price: Available on Request

Software by SAP
SAP is Optimize users mobile experiences with enterprise mobility solutions Empower and involves employees, consumer, and stakeholders in different and innovative system including enterprise mobility solutions. Read more
Starting Price: Available on Request

Software by Sage
Sage Business Cloud Accounting is a comprehensive platform for managing cash flow. This software is suitable for accurately managing cash flow. Cloud-based payroll and accounting management tools are available with this software. Read more
Starting Price: Available on Request

Software by 3Five8 Technologies
ADDA is the best Online Apartment and Housing Society Management Software with a Private Portal for Apartment Complex Members, Best in Class Management Tools & 100% Compliant Accounting Software with Online Payment Gateway Integration. Read more
Starting Price: Available on Request

Software by NetSuite Inc.
Oracle NetSuite OpenAir is the world's #1 cloud PSA solution, running all your service delivery and project management processes on a single, real-time platform in the cloud. Read more
Starting Price: Available on Request

Software by Veersoft Solutions
Accounting Guru is an Online Accounting Software for small business with inventory and billing, which includes Branch Accounting - Interbranch Transactions. Read more
Starting Price: Available on Request

Software by ProfitBooks
ProfitBooks is a simple and fastest business accounting software for small businesses. It lets you create beautiful invoices, track expenses and manage inventory without any accounting background. Read more
Starting Price: Available on Request
Frequently Asked Questions (FAQs)
- Recording expenses
- Checking cash flow
- Estimating profit/loss
- Completing tax returns
- Creating a budget, forecast, quotes
- Creating and sharing invoices
- Recording expenses
- Checking cash flow
- Estimating profit/loss
- Completing tax returns
- Creating a budget, forecast, quotes
- Creating and sharing invoices
The job of any accounting tool is to make accounting easy and accessible for you. It reduces the hassles of paperwork and helps you to gain financial insights into your business.
- Automating most of the manual processes like generating bank statements, sending late reminders, etc.
- Helps you make a better financial decision
- Give detailed info on profit/loss, revenue, customs, etc.
- Automating most of the manual processes like generating bank statements, sending late reminders, etc.
- Helps you make a better financial decision
- Give detailed info on profit/loss, revenue, customs, etc.
- Manages your company account efficiently
- Fewer management overheads
- Remote accessibility
- Data is secure
- Manages your company account efficiently
- Fewer management overheads
- Remote accessibility
- Data is secure
You can start using accounting solutions at any point in time. The early you start, the quicker you will automate accounting and get actionable insights to make an informed decision about your company.
The global accounting software market share is expected to be worth around $4.25 billion by the end of 2023.
Increasing customer demands, rising complexities in accounting, and new taxes have led several companies to invest in accounting software and streamline their finances. These solutions help you stay on top of your payroll needs and act as a savior when it comes to auditing.
But, how do you know which is the perfect solution? Well, you no longer need to worry, as we have compiled a list of the best accounting software in India. But, before we move on to the list, let us know more about the importance of using accounting software for business.
Importance of Using Accounting Software
Accounting software lets you automate and speed up accounting tasks, minimize the risk of errors, manage multiple accounts and even save money.
Did you know that 60% of small-business owners struggle with finance management; about 64% use a type of accounting technology.
Best Accounting Software in India For Your Business
The best accounting software can help you save up to 16$ per invoice. So, to help you make the most of these solutions, here is a list of the best accounting software in India. Ready?
Let's dive in!
1.QuickBooks Online
One of the best accounting software in the market, Quickbooks lets you handle bookkeeping, sales tax, expense tracking, invoicing, and other accounting tasks. Besides, it lets you automate the process of entering transactions, track bills and expenses, set automatic payments and create invoices.
USP
QuickBooks will help you define estimates and quotes for your clients. Once it is accepted, you will be able to convert it into an invoice and track progress.
Available For: Web, Windows, Google Chrome, Mac, Linux, iOS, Android,
2. Freshbooks
Freshbooks is cloud-based accounting software that lets you stay on top of invoicing and bookkeeping and even lets you handle payroll. Want to create customized invoices? You can do it easily with Freshbooks and even use it to send out personalized thank you notes.
Freshbooks eliminates the need for paper-based invoicing, lets you process credit card information, receive electronic payments, and track profit/ loss in an organized manner.
USP
You can use it to set due dates of payments, track late fees and send automatic reminders to clients. Ease of access and multiple functionalities make it one of the best accounting software in India.
Available For: Web, Mac, iOS, Android
3. Wave Accounting
Are you working on a tight budget? Well, Wave Accounting can be your pick. Not only is it a cost-effective invoicing and accounting app, but it also lets you streamline card processing and handle payroll.
You can use it to track investments, handle basic financial reporting, keep a check on your personal finances, and scan receipts. All-in-all it is one of the best accounting software for small businesses.
USP
It lets you handle all client payments automatically, connect bank accounts with credit cards and accept/process payments from them.
Available for: Web, Android, Google Chrome, Windows, iOS,
4. Sage Accounting
Aimed at small businesses, Sage Accounting lets you track payments, set automatic reminders for payments, generate reports, and track statistics. Moreover, you can use it to streamline compliance and accounting management, electronic payments, and data imports and exports.
USP
Sage offers a specific accounting system, Sage 50, that lets you cater to different world regions' payroll and accounting needs.
Available for: Web, Windows, Mac, Android, iOS
5. Gusto Payroll
One of the best accounting and payroll software, Gusto Payroll lets you automate tax management and manage all payroll deductions easily. It even lets you calculate the wages of contract workers and adjust minimum wages as required.
USP
Considering that compliance is essential in accounting, Gusto lets you automatically report all your hires to the government.
Available for: Web
6. Tally ERP 9
If you need a flexible accounting tool with inventory management features, Tally ERP 9 can be your pick. You can use it to handle accounting and payroll management, generate reports, handle all GST invoicing and transactions, and scan receipts.
USP
Tally ERP 9 offers top-notch sales and purchase management.
Available for: Web, Windows, Mac,
7. KashFlow
One of the best cloud-based accounting software, KashFlow offers special HR features that let you gain insights into your finances and manage employee data. Besides, it lets you convert approved quotes into invoices, share accounting data with clients directly, and link multiple bank accounts to the software.
USP
KashFlow's method of handling VAT (value-added tax) is commendable. You will have your VAT automatically updated, and you can then submit it to the concerned authorities.
Available for: Web
8. Expensify
Designed to address the needs of all businesses, Expensify lets you easily submit expenses for both reimbursements and approvals. You can also use it to detect duplicate receipts in your system, import card transactions, manage general ledger codes, and apply tax rules based on the relevant expense policies.
USP
Expensify syncs with most major accounting apps so you can effectively enhance the app's functionality.
Available for: Web, iOS, Android,
9. ZipBooks
ZipBooks is a free invoicing and accounting software for businesses. It offers a wide scope of features that lets you go much beyond accounting and gain insights into a business's operations. For example, ZipBooks lets you track your expenses, secure partial payments, manage accounting tasks for each project, and process invoices.
USP
ZipBooks leverages business intelligence to provide data-driven insights, highlight your profitable customers, and show you score against your competitors.
Available for: Web, Mac, iOS, Google Chrome
10. TurboCASH
Designed to cater to the small business segment, TurboCash lets you share data with relevant people in the cloud. Besides, it lets you manage accounting tasks on a large scale.
You can use it to open and manage 12000+ accounts and 24000 related sub-accounts. Moreover, it lets you manage
40000+ creditors and debtors. Wait, there is more to it!
You can use it to create customized invoices, handle orders, track credit notes, and set estimates and quotes.
USP
As a special feature, TurboCASH lets you reverse all your transactions. As a result, you get a chance to check and edit transaction entries before updating them in your ledger.
Available for: Web, Windows, Mac
11. KMyMoney
If you are looking for a personal finance manager, your search ends right here! KMyMoney is aimed at small businesses and offers a large number of easy-to-use financial tools and modules. In addition, it is one of the best accounting software in India and lets you gain insights into all accounts and transactions.
Be it tracking ledger performance, managing a budget revamp, or managing your internal financial structure, KMyMoney does it all!
USP
The highlight of this particular accounting solution is its simplicity and ease of access. Even if you are not that well-versed in using accounting solutions, you will get accustomed to using the app in just a few days.
Available for: Mac, Windows, Linux
12. AccountEdge Pro
Aimed at Mac and Windows users, AccountEdge lets you manage your bank accounts and easily track your annual budgets. Besides, it lets you set up regular recurring, daily, monthly and weekly transactions. In addition, AccountEdge Pro supports automation and backs up all financial data in the cloud, letting you manage different profit centers and departments.
USP
One of the best features of AccountEdge Pro is its advanced search options. You can easily find accounts by their name, contact, and other details across all your lists.
Available for: Mac, Windows, iOS
13. GnuCash
The best accounting software for report generation, GnuCash is aimed at serving individual users and small businesses.
Right from presenting your current financial status to generating 30 different types of reports, including income expenses, balance sheet reports, GnuCash does it all, and much more!
Besides, it lets you view multiple accounts simultaneously and categorize your cash flow with ease.
USP
GnuCash lets you split all transactions and record all fees and taxes when handling documentation.
Available for: Web, Windows, Mac, Linux, Android
14. NolaPro
Just like QuickBooks and GnuCash, NolaPro lets you customize your accounting system as per your business needs.
You can use it to check payroll and direct deports, generate W-2 and 941 tax forms, balance sheets, and trial balances, and automate credit card processing.
USP
NolaPro has a fantastic support team, and you can ask them to add features to your system. Moreover, you can request them for the software's editable source code.
Available for:
Available for: Web, Windows, Linux, Mac
15. Xero
Handling business transactions and sending out recurring invoices is a breeze with Xero. In addition, you can organize and categorize all your credit card transactions, schedule payments to manage cash flow and subsequent taxes.
USP
This app lets you collaborate with an unlimited number of clients and enjoy strong data encryption and multiple authentications.
Available for: Web, Mac, iOS, Android
16. FreeAgent
FreeAgent is not your ordinary accounting software. Instead, it has been designed to ease collaboration between small businesses and accountants.
You can use it to send out and track estimates and corresponding invoices, store receipts, connect to bank accounts, and import transactions automatically. Besides, it lets you stay on top of your tax timelines.
USP
Automation is the main highlight of this solution. For example, each time you enter bank statements, expenses, and invoices, FreeAgent builds corresponding accounts in real-time.
Available for: Web, Mac, iOS, Android
17. Wagepoint
Wagepoint is an online payroll and accounting software aimed to help you and your small or midsize business pay employees and keep up with compliance needs. You can also use it to manage direct deposits, handle your pay stubs and calculate company deductions in just a few clicks.
USP
It lets you manage all tax-related needs and generate reports to avoid short-and long-term confusion.
Available for: Web, Windows, Mac
18. Receipt Bank (Now Dext)
A member of the FreeAgent family, Receipt Bank offers a select number of features that make it worth investing. For example, you can use it to set submission reminders, capture processes, request paperwork directly to your client's mobile device, and even communicate with clients directly from the app's built-in chat system.
USP
You can save up to 3 hours weekly on paperwork and streamline your receipt and invoice management. Besides, you will be able to integrate Receipt Bank with Sage Accounting and combine their use cases.
Available for: Web, Windows, Mac, iOS, Android
19. SurePayroll
SurePayroll is an online payroll system and accounting software designed to meet the needs of small businesses in the US and India. From calculating payroll to tax deductions, SurePayroll lets you streamline all processes in just a few clicks.
Besides, it lets you manage employee benefits, handles independent contractors, and handles procedures, such as employee bonuses, corrections on payroll, and reimbursements.
USP
It offers in-depth customization capabilities.
Available for: Web, iOS, Android
20. Clockify
What if you could get a free time tracker with your accounting software? Sounds interesting. Right? Clockify lets you instruct clients and employees, define their hourly rates, and track time as they work on activities. In the end, all your earnings are automatically calculated and you can easily view them in reports.
USP
Clockify uses a robust filtering system to let you generate comprehensive reports. You can even lock time entries after a certain period to ensure consistency in your documentation. Moreover, you can also choose to edit your billable and non-billable time entries in bulk.
Available for: Web, iOS, Android, Google extension, Firefox extension, Windows, Mac, Linux,
Wrapping Up
This was all about the best accounting software in India and how it can help you streamline organizational finances. From managing payroll to automating invoices and generating reports to managing taxes, these tools do it all!
Tried out an accounting solution as yet? Share your experience in the comment below!